Baroda BNP Paribas NIFTY Midcap 150 Index Fund vs Groww Nifty Midcap 150 Index Fund

Direct Plan, Growth option · Data as on 30-10-2026

Baroda BNP Paribas NIFTY Midcap 150 Index Fund is a mutual fund and Groww Nifty Midcap 150 Index Fund is an Index fund. Baroda BNP Paribas NIFTY Midcap 150 Index Fund charges 0.58% a year and Groww Nifty Midcap 150 Index Fund 0.54% (Direct plans). Their portfolios overlap 99.1%: they hold 150 of the same securities.

Baroda BNP Paribas NIFTY Midcap 150 Index Fund

Expense ratio: 0.58%
NAV: ₹10.13

See Baroda BNP Paribas NIFTY Midcap 150 Index Fund

Groww Nifty Midcap 150 Index Fund

Index

Expense ratio: 0.54%
NAV: ₹9.42

See Groww Nifty Midcap 150 Index Fund

Which is better, Baroda BNP Paribas NIFTY Midcap 150 Index or Groww 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.

Groww Nifty Midcap 150 Index costs less: 0.54% a year against 0.58% (Direct plans).
Groww Nifty Midcap 150 Index fell less in its worst fall since 17-11-2025: −14.0% against −14.0%.
Groww Nifty Midcap 150 Index is the larger fund: ₹15 Cr against ₹10 Cr.
Their portfolios overlap 99.1%: 150 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

Baroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)
−6.6%
Groww Nifty Midcap 150 Index Fund (Direct)
−6.3%

Change in NAV from 17-11-2025 to 30-10-2026

−10%−5%0%+5%

Key facts

From each fund's scheme summary document and AMFI

Fact	Baroda BNP Paribas NIFTY Midcap 150 Index Fund	Groww Nifty Midcap 150 Index Fund
Fund house	Baroda BNP Paribas Mutual Fund	Groww Mutual Fund
Category	Not available	Index
AUM	₹10 Cr (30-09-2026)	₹15 Cr (30-09-2026)
NAV	₹10.13 (Direct)	₹9.42 (Direct)
Expense ratio (Direct)	0.58%	0.54%
Expense ratio (Regular)	1.25%	1.18%
Riskometer	Not available	Very High
Benchmark	Not available	Nifty Next 50 TRI
Launch date	Not available	13-11-2025
Minimum investment	Not available	₹500
Lock in	Not available	None
Fund managers	Not available	Aakash Chauhan, Nikhil Satam, Shashi Kumar
Exit load	Not available	Nil

Baroda BNP Paribas NIFTY Midcap 150 Index vs Groww 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 NIFTY Midcap 150 Index Fund (Direct)	−3.70%	−8.71%	−4.45%	−5.14%	--	--	--
Groww Nifty Midcap 150 Index Fund (Direct)	−3.72%	−8.68%	−4.31%	--	--	--	--

Baroda BNP Paribas NIFTY Midcap 150 Index vs Groww Nifty Midcap 150 Index: Year-wise Returns

Year	Baroda BNP ParibasBaroda BNP Paribas NIFTY Midcap 150 Index	GrowwGroww Nifty Midcap 150 Index
2026to date	−5.68%	−5.47%
2025	+5.55%	--

Baroda BNP Paribas NIFTY Midcap 150 Index vs Groww Nifty Midcap 150 Index: Rolling Returns

Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of Baroda BNP Paribas NIFTY Midcap 150 Index Fund

Baroda BNP Paribas NIFTY Midcap 150 Index vs Groww 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 NIFTY Midcap 150 Index Fund (Direct)	Groww Nifty Midcap 150 Index Fund (Direct)
Return (CAGR)	−0.64%	−6.67%
Standard deviation	16.93%	16.87%
Sharpe ratio	-0.37	-0.71
Sortino ratio	-0.50	-0.94
Maximum drawdown	−18.8% (28-02-2025)	−14.0% (31-03-2026)
Beta	0.99	0.90
Alpha	−0.68%	−4.69%

From daily NAVs, 06-11-2024 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.

−15%−10%−5%0%

2026

Baroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)Groww 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 NIFTY Midcap 150 Index Fund (Direct)	−14.0%	07-01-2026	30-03-2026	07-05-2026	38 days	−10.7%
Groww Nifty Midcap 150 Index Fund (Direct)	−14.0%	07-01-2026	31-03-2026	07-05-2026	37 days	−10.7%
Nifty Midcap 150 TRI	−13.9%	07-01-2026	30-03-2026	07-05-2026	38 days	−10.5%

From daily values since 17-11-2025, the first day every fund has.

Baroda BNP Paribas NIFTY Midcap 150 Index vs Groww Nifty Midcap 150 Index: Portfolio Overlap

From each fund's latest monthly portfolio: Baroda BNP Paribas NIFTY Midcap 150 Index Fund, September 2026; Groww Nifty Midcap 150 Index Fund, September 2026

Holdings in common

Overlap: 99.1%
Held by both: 150
Only in Baroda BNP Paribas NIFTY Midcap 150 Index: 0
Only in Groww Nifty Midcap 150 Index: 0

Security	% of Baroda BNP Paribas NIFTY Midcap 150 Index	% of Groww Nifty Midcap 150 Index
Multi Commodity Exchange of India Limited	2.01%	2.08%
The Federal Bank Limited	1.92%	1.94%
Laurus Labs Limited	1.89%	1.90%
One 97 Communications Limited	1.72%	1.78%
Hero MotoCorp Limited	1.70%	1.68%
The Indian Hotels Company Limited	1.54%	1.58%
Coforge Limited	1.48%	1.50%
Bharat Heavy Electricals Limited	1.47%	1.49%
IndusInd Bank Limited	1.47%	1.47%
AU Small Finance Bank Limited	1.44%	1.45%
Persistent Systems Limited	1.42%	1.42%
Dixon Technologies (India) Limited	1.35%	1.34%
Bharat Forge Limited	1.33%	1.32%
IDFC First Bank Limited	1.32%	1.33%
GE Vernova T&D India Limited	1.28%	1.28%
Life Insurance Corporation Of India	1.23%	1.24%
Lupin Limited	1.20%	1.22%
Lenskart Solutions Limited	1.20%	1.24%
Suzlon Energy Limited	1.17%	1.19%
Info Edge (India) Limited	1.16%	1.17%
Indus Towers Limited	1.14%	1.19%
Aurobindo Pharma Limited	1.12%	1.14%
Ashok Leyland Limited	1.08%	1.09%
FSN E-Commerce Ventures Limited	1.06%	1.08%
Marico Limited	1.03%	1.03%
Fortis Healthcare Limited	0.99%	0.99%
United Spirits Limited	1.00%	0.99%
APL Apollo Tubes Limited	0.97%	0.98%
ICICI Lombard General Insurance Company Limited	0.96%	0.96%
Embassy Office Parks REIT	0.94%	0.94%
PB Fintech Limited	0.97%	0.93%
REC Limited	0.93%	0.92%
Swiggy Limited	0.92%	0.93%
Yes Bank Limited	0.90%	0.91%
Max Financial Services Limited	0.92%	0.90%
The Phoenix Mills Limited	0.89%	0.89%
SRF Limited	0.89%	0.89%
Glenmark Pharmaceuticals Limited	0.84%	0.87%
Radico Khaitan Limited	0.84%	0.84%
Lodha Developers Limited	0.82%	0.83%
Hindustan Petroleum Corporation Limited	0.81%	0.83%
GMR Airports Limited	0.81%	0.82%
Aditya Birla Capital Limited	0.80%	0.80%
Apar Industries Limited	0.76%	0.80%
National Aluminium Company Limited	0.75%	0.75%
Alkem Laboratories Limited	0.75%	0.77%
UPL Limited	0.75%	0.75%
JSW Energy Limited	0.74%	0.75%
Sundaram Finance Limited	0.74%	0.74%
Shree Cement Limited	0.73%	0.74%
Mphasis Limited	0.71%	0.70%
Indian Bank	0.70%	0.70%
Vishal Mega Mart Limited	0.69%	0.70%
KEI Industries Limited	0.68%	0.68%
NHPC Limited	0.68%	0.68%
360 One WAM Limited	0.66%	0.67%
Mankind Pharma Limited	0.66%	0.70%
Piramal Finance Limited	0.65%	0.66%
NMDC Limited	0.65%	0.65%
Billionbrains Garage Ventures Ltd	0.65%	0.65%
Steel Authority of India Limited	0.64%	0.65%
IPCA Laboratories Limited	0.64%	0.66%
Havells India Limited	0.64%	0.63%
Oracle Financial Services Software Limited	0.64%	0.62%
Biocon Limited	0.62%	0.64%
Tube Investments of India Limited	0.62%	0.63%
Prestige Estates Projects Limited	0.63%	0.62%
Lloyds Metals And Energy Limited	0.61%	0.64%
Voltas Limited	0.62%	0.60%
Oil India Limited	0.60%	0.60%
MRF Limited	0.64%	0.59%
Torrent Power Limited	0.58%	0.58%
Colgate Palmolive (India) Limited	0.58%	0.57%
Jindal Stainless Limited	0.57%	0.58%
Waaree Energies Limited	0.57%	0.56%
Page Industries Limited	0.56%	0.56%
L&T Finance Limited	0.57%	0.56%
Dabur India Limited	0.55%	0.55%
Godrej Properties Limited	0.55%	0.54%
Supreme Industries Limited	0.54%	0.55%
Mahindra & Mahindra Financial Services Limited	0.53%	0.53%
Petronet LNG Limited	0.53%	0.53%
JK Cement Limited	0.53%	0.52%
UNO Minda Limited	0.52%	0.52%
JSW Infrastructure Ltd	0.52%	0.53%
Coromandel International Limited	0.54%	0.52%
Oberoi Realty Limited	0.52%	0.51%
Kalyan Jewellers India Limited	0.51%	0.52%
Meesho Ltd	0.49%	0.52%
Blue Star Limited	0.49%	0.49%
Nippon Life India Asset Management Limited	0.48%	0.48%
Tata Communications Limited	0.47%	0.48%
PI Industries Limited	0.47%	0.46%
Exide Industries Limited	0.46%	0.46%
Gujarat Fluorochemicals Limited	0.45%	0.46%
ICICI Prudential Asset Management Company Limited	0.45%	0.45%
Hindustan Copper Limited	0.45%	0.45%
Aster DM Quality Care Limited	0.45%	0.46%
Jubilant Foodworks Limited	0.45%	0.44%
ITC Hotels Limited	0.44%	0.45%
ICICI Prudential Life Insurance Company Limited	0.44%	0.43%
LG Electronics India Ltd	0.43%	0.43%
SBI Cards and Payment Services Limited	0.42%	0.42%
Balkrishna Industries Limited	0.42%	0.42%
Astral Limited	0.41%	0.41%
Ajanta Pharma Limited	0.40%	0.41%
Adani Total Gas Limited	0.40%	0.41%
Bank of Maharashtra	0.40%	0.40%
LIC Housing Finance Limited	0.39%	0.39%
Motilal Oswal Financial Services Limited	0.39%	0.39%
Bank of India	0.38%	0.39%
Container Corporation of India Limited	0.38%	0.38%
Schaeffler India Limited	0.38%	0.39%
AIA Engineering Limited	0.37%	0.37%
Authum Investment And Infrastructure Limited	0.35%	0.36%
Indian Railway Catering And Tourism Corporation Limited	0.34%	0.34%
Dalmia Bharat Limited	0.33%	0.33%
Abbott India Limited	0.33%	0.35%
General Insurance Corporation of India	0.33%	0.32%
Thermax Limited	0.33%	0.32%
Berger Paints (I) Limited	0.32%	0.32%
Linde India Limited	0.32%	0.33%
HDB Financial Services Limited	0.32%	0.33%
Cochin Shipyard Limited	0.32%	0.31%
Premier Energies Limited	0.32%	0.31%
Patanjali Foods Limited	0.32%	0.31%
Narayana Hrudayalaya Limited	0.30%	0.31%
K.P.R. Mill Limited	0.30%	0.30%
Global Health Limited	0.30%	0.30%
GlaxoSmithKline Pharmaceuticals Limited	0.29%	0.28%
Rail Vikas Nigam Limited	0.28%	0.28%
CRISIL Limited	0.27%	0.27%
Bharti Hexacom Limited	0.26%	0.26%
Bharat Dynamics Limited	0.25%	0.25%
NLC India Limited	0.23%	0.24%
Endurance Technologies Limited	0.23%	0.23%
Escorts Kubota Limited	0.22%	0.22%
Anthem Biosciences Limited	0.22%	0.23%
Bajaj Housing Finance Limited	0.22%	0.22%
L&T Technology Services Limited	0.23%	0.22%
Indian Renewable Energy Development Agency Limited	0.22%	0.22%
NTPC Green Energy Limited	0.22%	0.21%
Housing & Urban Development Corporation Limited	0.21%	0.21%
United Breweries Limited	0.21%	0.21%
Tata Investment Corporation Limited	0.20%	0.20%
Godfrey Phillips India Limited	0.19%	0.19%
Hexaware Technologies Limited	0.18%	0.18%
Fertilizers and Chemicals Travancore Limited	0.11%	0.12%
Godrej Industries Limited	0.11%	0.11%
Indian Overseas Bank	0.11%	0.11%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.1% means 99.1% 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 NIFTY Midcap 150 Index Fund

Every holding of this fund is also held by the other.

Largest holdings only in Groww Nifty Midcap 150 Index Fund

Every holding of this fund is also held by the other.

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	Baroda BNP Paribas NIFTY Midcap 150 Index	Groww Nifty Midcap 150 Index
Equity	98.6%	99.1%
Debt	0.0%	0.0%
Cash and others	1.4%	0.9%

Market cap of stocks

Market cap	Baroda BNP Paribas NIFTY Midcap 150 Index	Groww Nifty Midcap 150 Index
Large Cap	5.6%	5.7%
Mid Cap	90.4%	90.9%
Small Cap	2.5%	2.5%

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 NIFTY Midcap 150 Index	Groww Nifty Midcap 150 Index
Pharmaceuticals & Biotechnology	9.0%	9.2%
Banks	8.6%	8.7%
Finance	6.8%	6.8%
Electrical Equipment	5.9%	6.0%
Retailing	5.5%	5.6%
Capital Markets	4.6%	4.7%

The six largest sectors of each fund's stocks, % of the fund.

Baroda BNP Paribas NIFTY Midcap 150 Index vs Groww Nifty Midcap 150 Index: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	Baroda BNP Paribas NIFTY Midcap 150 Index Fund	Groww Nifty Midcap 150 Index Fund
Total expense ratio (Direct)	0.58%	0.54%
Base expense ratio (Direct)	0.33%	0.34%
Total expense ratio (Regular)	1.25%	1.18%
Base expense ratio (Regular)	0.90%	0.90%

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.

Baroda BNP Paribas NIFTY Midcap 150 Index Fund vs Groww Nifty Midcap 150 Index Fund: Frequently Asked Questions

What is the difference between Baroda BNP Paribas NIFTY Midcap 150 Index Fund and Groww Nifty Midcap 150 Index Fund?

Baroda BNP Paribas NIFTY Midcap 150 Index Fund is a mutual fund, Groww Nifty Midcap 150 Index Fund is an Index fund, run by Baroda BNP Paribas Mutual Fund and Groww Mutual Fund. Their portfolios overlap 99.1%. Baroda BNP Paribas NIFTY Midcap 150 Index Fund charges 0.58% a year and Groww Nifty Midcap 150 Index Fund 0.54%.

Which has the lower expense ratio, Baroda BNP Paribas NIFTY Midcap 150 Index Fund or Groww Nifty Midcap 150 Index Fund?

Groww Nifty Midcap 150 Index Fund charges less: 0.54% a year against 0.58%. These are the Direct plans' total expense ratios reported to AMFI.

How much do Baroda BNP Paribas NIFTY Midcap 150 Index Fund and Groww Nifty Midcap 150 Index Fund overlap?

99.1%. They hold 150 of the same securities, the largest shared ones being MCX, FEDERALBNK, LAURUSLABS. From each fund's latest monthly portfolio.

Can I invest in both Baroda BNP Paribas NIFTY Midcap 150 Index Fund and Groww Nifty Midcap 150 Index Fund?

Yes. 99.1% of each fund's money sits in the same holdings, so a large part 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.