Baroda BNP Paribas Mid Cap Fund vs JioBlackRock Nifty Midcap 150 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Mid Cap Fund is a Mid Cap fund and JioBlackRock Nifty Midcap 150 Index Fund is an Index fund. In the year to 30-10-2026, Baroda BNP Paribas Mid Cap Fund (Direct) returned 0.8% and JioBlackRock Nifty Midcap 150 Index Fund (Direct) returned −4.6%. Baroda BNP Paribas Mid Cap Fund charges 0.78% a year and JioBlackRock Nifty Midcap 150 Index Fund 0.40% (Direct plans). Their portfolios overlap 39.7%: they hold 52 of the same securities.
Baroda BNP Paribas Mid Cap Fund
Mid Cap
- 1 year return
- 0.8%
- Expense ratio
- 0.78%
- NAV
- ₹124.91
JioBlackRock Nifty Midcap 150 Index Fund
Index
- 1 year return
- −4.6%
- Expense ratio
- 0.40%
- NAV
- ₹9.92
Which is better, Baroda BNP Paribas Mid Cap or JioBlackRock Nifty Midcap 150 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Baroda BNP Paribas Mid Cap returned more over 1 year: 0.8% against −4.6%.
- JioBlackRock Nifty Midcap 150 Index costs less: 0.40% a year against 0.78% (Direct plans).
- Baroda BNP Paribas Mid Cap fell less in its worst fall since 22-08-2025: −12.0% against −14.0%.
- Baroda BNP Paribas Mid Cap is the larger fund: ₹2,503 Cr against ₹266 Cr.
- Their portfolios overlap 39.7%: 52 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Baroda BNP Paribas Mid Cap Fund | JioBlackRock Nifty Midcap 150 Index Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Jio BlackRock Mutual Fund |
| Category | Mid Cap | Index |
| AUM | ₹2,503 Cr (30-09-2026) | ₹266 Cr (30-09-2026) |
| NAV | ₹124.91 (Direct) | ₹9.92 (Direct) |
| Expense ratio (Direct) | 0.78% | 0.40% |
| Expense ratio (Regular) | 2.21% | 1.36% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Midcap 150 TRI |
| Launch date | Not available | 18-08-2025 |
| Minimum investment | Not available | ₹500 |
| Lock in | Not available | None |
| Fund managers | Not available | Tanvi Kacheria, Anand Shah, Haresh Mehta |
| Exit load | Not available | Nil |
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Mid Cap Fund (Direct) | −2.78% | −6.73% | −2.62% | +0.79% | +15.34% | -- | -- |
| JioBlackRock Nifty Midcap 150 Index Fund (Direct) | −3.71% | −8.57% | −4.13% | −4.62% | -- | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | -- | -- |
Category average: the average of the 34 Mid Cap funds, same plan type.
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: Year-wise Returns
| Year | Baroda BNP Paribas Mid CapBaroda BNP Paribas Mid Cap | JioBlackRock Nifty Midcap 150 IndexJioBlackRock Nifty Midcap 150 Index | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −0.52% | −5.17% | −4.97% |
| 2025 | +3.93% | -- | +5.98% |
| 2024 | +30.45% | -- | +24.46% |
| 2023 | +34.54% | -- | +44.61% |
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 45 of them, one for each trading day from 24-08-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Baroda BNP Paribas Mid Cap Fund (Direct)
JioBlackRock Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Mid Cap | 2.2 | 24.4 | 33.3 | 31.1 | 8.9 | 0.0 | 0.0 | 8.5% | 8.9% | −1.0% | 17.0% | 100% |
| JioBlackRock Nifty Midcap 150 Index | 22.2 | 37.8 | 26.7 | 13.3 | 0.0 | 0.0 | 0.0 | 4.1% | 4.3% | −5.8% | 13.8% | 0% |
| Nifty Midcap 150 TRI | 20.0 | 33.3 | 31.1 | 15.6 | 0.0 | 0.0 | 0.0 | 4.4% | 4.6% | −5.5% | 14.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap 150 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 22-08-2025. Past returns do not promise future returns.
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas Mid CapBaroda BNP Paribas Mid Cap Fund (Direct) | ₹1,50,000 | ₹1,48,964 | −₹1,036 | −1.0% |
| JioBlackRock Nifty Midcap 150 IndexJioBlackRock Nifty Midcap 150 Index Fund (Direct) | ₹1,50,000 | ₹1,44,591 | −₹5,409 | −5.5% |
Baroda BNP Paribas Mid CapBaroda BNP Paribas Mid Cap Fund (Direct)
JioBlackRock Nifty Midcap 150 IndexJioBlackRock Nifty Midcap 150 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Mid Cap Fund (Direct) | JioBlackRock Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.79% | −4.62% |
| Standard deviation | 15.27% | 16.57% |
| Sharpe ratio | -0.29 | -0.60 |
| Sortino ratio | -0.39 | -0.80 |
| Maximum drawdown | −12.0% (23-10-2026) | −14.0% (30-03-2026) |
| Beta | 0.90 | 1.00 |
| Alpha | +4.15% | −0.25% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas Mid Cap Fund (Direct) | JioBlackRock Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.77% | −1.28% |
| Standard deviation | 14.33% | 15.79% |
| Sharpe ratio | 0.68 | -0.42 |
| Sortino ratio | 0.92 | -0.56 |
| Maximum drawdown | −18.6% (28-02-2025) | −14.0% (30-03-2026) |
| Beta | 0.86 | 1.00 |
| Alpha | +0.61% | −0.33% |
From daily NAVs, 14-03-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Baroda BNP Paribas Mid Cap Fund (Direct)
JioBlackRock Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Mid Cap Fund (Direct) | −12.0% | 26-08-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| JioBlackRock Nifty Midcap 150 Index Fund (Direct) | −14.0% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.6% |
| Nifty Midcap 150 TRI | −13.9% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.5% |
From daily values since 22-08-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas Mid Cap Fund (Direct)
JioBlackRock Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas Mid Cap Fund (Direct) | 93% | 79% | 3.30% |
| JioBlackRock Nifty Midcap 150 Index Fund (Direct) | 99% | 101% | 0.14% |
From month-end values since 22-08-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Mid Cap Fund, September 2026; JioBlackRock Nifty Midcap 150 Index Fund, September 2026
Holdings in common
- Overlap
- 39.7%
- Held by both
- 52
- Only in Baroda BNP Paribas Mid Cap
- 25
- Only in JioBlackRock Nifty Midcap 150 Index
- 98
| Security | % of Baroda BNP Paribas Mid Cap | % of JioBlackRock Nifty Midcap 150 Index |
|---|---|---|
| Multi Commodity Exchange of India Limited | 1.91% | 2.08% |
| One 97 Communications Limited | 1.92% | 1.78% |
| Bharat Heavy Electricals Limited | 3.32% | 1.49% |
| AU Small Finance Bank Limited | 1.82% | 1.45% |
| Persistent Systems Limited | 1.69% | 1.42% |
| Bharat Forge Limited | 1.46% | 1.32% |
| GE Vernova T&D India Limited | 2.10% | 1.29% |
| Ashok Leyland Limited | 1.53% | 1.09% |
| FSN E-Commerce Ventures Limited | 1.53% | 1.08% |
| Marico Limited | 1.22% | 1.03% |
| Coforge Limited | 1.01% | 1.50% |
| Fortis Healthcare Limited | 1.40% | 0.99% |
| ICICI Lombard General Insurance Company Limited | 1.19% | 0.96% |
| PB Fintech Limited | 1.59% | 0.93% |
| Yes Bank Limited | 1.38% | 0.91% |
| Max Financial Services Limited | 1.40% | 0.90% |
| The Phoenix Mills Limited | 1.93% | 0.89% |
| Hindustan Petroleum Corporation Limited | 1.82% | 0.83% |
| Aditya Birla Capital Limited | 0.99% | 0.80% |
| Alkem Laboratories Limited | 1.09% | 0.77% |
| The Federal Bank Limited | 0.76% | 1.94% |
| National Aluminium Company Limited | 1.63% | 0.75% |
| JSW Energy Limited | 1.04% | 0.75% |
| Sundaram Finance Limited | 1.50% | 0.74% |
| Mphasis Limited | 1.05% | 0.70% |
| Indian Bank | 2.25% | 0.70% |
| Mankind Pharma Limited | 1.19% | 0.70% |
| Vishal Mega Mart Limited | 0.93% | 0.70% |
| NHPC Limited | 1.35% | 0.68% |
| IPCA Laboratories Limited | 2.23% | 0.66% |
| Piramal Finance Limited | 0.73% | 0.66% |
| Oracle Financial Services Software Limited | 0.90% | 0.63% |
| Prestige Estates Projects Limited | 0.98% | 0.62% |
| Life Insurance Corporation Of India | 0.61% | 1.24% |
| IndusInd Bank Limited | 0.56% | 1.47% |
| L&T Finance Limited | 0.95% | 0.56% |
| UNO Minda Limited | 1.08% | 0.53% |
| Coromandel International Limited | 1.30% | 0.52% |
| Nippon Life India Asset Management Limited | 1.62% | 0.48% |
| Aster DM Quality Care Limited | 1.16% | 0.46% |
| ITC Hotels Limited | 0.66% | 0.45% |
| LG Electronics India Ltd | 1.38% | 0.43% |
| Astral Limited | 0.93% | 0.41% |
| Bank of Maharashtra | 1.43% | 0.40% |
| Schaeffler India Limited | 1.34% | 0.39% |
| Abbott India Limited | 1.57% | 0.35% |
| Linde India Limited | 1.26% | 0.33% |
| Cochin Shipyard Limited | 0.74% | 0.31% |
| GlaxoSmithKline Pharmaceuticals Limited | 1.69% | 0.28% |
| Bharti Hexacom Limited | 1.17% | 0.26% |
| NLC India Limited | 1.25% | 0.24% |
| Escorts Kubota Limited | 1.08% | 0.22% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.7% means 39.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Baroda BNP Paribas Mid Cap Fund
| Security | % of fund |
|---|---|
| Acutaas Chemicals Limited | 2.14% |
| Ujjivan Small Finance Bank Limited | 1.97% |
| BSE Limited | 1.61% |
| Aequs Limited | 1.59% |
| Navin Fluorine International Limited | 1.55% |
Largest holdings only in JioBlackRock Nifty Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| Laurus Labs Ltd | 1.90% |
| Hero MotoCorp Ltd | 1.68% |
| Indian Hotels Co Ltd | 1.58% |
| Dixon Technologies (India) Ltd | 1.35% |
| IDFC First Bank Ltd | 1.34% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Mid Cap | JioBlackRock Nifty Midcap 150 Index |
|---|---|---|
| Equity | 97.9% | 99.3% |
| Debt | 0.8% | 0.0% |
| Cash and others | 1.3% | 0.7% |
Market cap of stocks
| Market cap | Baroda BNP Paribas Mid Cap | JioBlackRock Nifty Midcap 150 Index |
|---|---|---|
| Large Cap | 12.3% | 5.7% |
| Mid Cap | 69.4% | 91.0% |
| Small Cap | 14.2% | 2.5% |
| Not on AMFI's list | 2.1% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Baroda BNP Paribas Mid Cap | JioBlackRock Nifty Midcap 150 Index |
|---|---|---|
| Banks | 11.7% | 8.7% |
| Pharmaceuticals & Biotechnology | 9.9% | 9.2% |
| Auto Components | 8.2% | 4.6% |
| Electrical Equipment | 6.9% | 6.0% |
| Finance | 5.0% | 6.8% |
| Capital Markets | 6.1% | 4.7% |
| Retailing | 2.5% | 5.6% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas Mid Cap vs JioBlackRock Nifty Midcap 150 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Mid Cap Fund | JioBlackRock Nifty Midcap 150 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.78% | 0.40% |
| Base expense ratio (Direct) | 0.49% | 0.19% |
| Total expense ratio (Regular) | 2.21% | 1.36% |
| Base expense ratio (Regular) | 1.70% | 0.72% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Baroda BNP Paribas Mid Cap Fund vs JioBlackRock Nifty Midcap 150 Index Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Mid Cap Fund and JioBlackRock Nifty Midcap 150 Index Fund?
Baroda BNP Paribas Mid Cap Fund is a Mid Cap fund, JioBlackRock Nifty Midcap 150 Index Fund is an Index fund, run by Baroda BNP Paribas Mutual Fund and Jio BlackRock Mutual Fund. Their portfolios overlap 39.7%. Baroda BNP Paribas Mid Cap Fund charges 0.78% a year and JioBlackRock Nifty Midcap 150 Index Fund 0.40%.
Which has given higher returns, Baroda BNP Paribas Mid Cap Fund or JioBlackRock Nifty Midcap 150 Index Fund?
Over 1 year: Baroda BNP Paribas Mid Cap Fund +0.79%, JioBlackRock Nifty Midcap 150 Index Fund −4.62%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas Mid Cap Fund or JioBlackRock Nifty Midcap 150 Index Fund?
JioBlackRock Nifty Midcap 150 Index Fund charges less: 0.40% a year against 0.78%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Mid Cap Fund and JioBlackRock Nifty Midcap 150 Index Fund overlap?
39.7%. They hold 52 of the same securities, the largest shared ones being MCX, PAYTM, BHEL. From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas Mid Cap Fund and JioBlackRock Nifty Midcap 150 Index Fund?
Yes. 39.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.