Baroda BNP Paribas NIFTY Midcap 150 Index Fund vs SBI 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 SBI Nifty Midcap 150 Index Fund is a mutual fund. In the year to 30-10-2026, Baroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct) returned −5.1% and SBI Nifty Midcap 150 Index Fund (Direct) returned −4.6%. Baroda BNP Paribas NIFTY Midcap 150 Index Fund charges 0.58% a year and SBI Nifty Midcap 150 Index Fund 0.52% (Direct plans). Their portfolios overlap 99.1%: they hold 150 of the same securities.

Baroda BNP Paribas NIFTY Midcap 150 Index Fund

1 year return: −5.1%
Expense ratio: 0.58%
NAV: ₹10.13

See Baroda BNP Paribas NIFTY Midcap 150 Index Fund

SBI Nifty Midcap 150 Index Fund

1 year return: −4.6%
Expense ratio: 0.52%
NAV: ₹18.36

See SBI Nifty Midcap 150 Index Fund

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

SBI Nifty Midcap 150 Index returned more over 1 year: −4.6% against −5.1%.
SBI Nifty Midcap 150 Index costs less: 0.52% a year against 0.58% (Direct plans).
Baroda BNP Paribas NIFTY Midcap 150 Index fell less in its worst fall since 06-11-2024: −18.8% against −18.9%.
SBI Nifty Midcap 150 Index is the larger fund: ₹1,240 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)
−1.3%
SBI Nifty Midcap 150 Index Fund (Direct)
+2.8%

Change in NAV from 06-11-2024 to 30-10-2026

−10%0%+10%+20%

Key facts

From each fund's scheme summary document and AMFI

Fact	Baroda BNP Paribas NIFTY Midcap 150 Index Fund	SBI Nifty Midcap 150 Index Fund
Fund house	Baroda BNP Paribas Mutual Fund	SBI Mutual Fund
Category	Not available	Not available
AUM	₹10 Cr (30-09-2026)	₹1,240 Cr (30-09-2026)
NAV	₹10.13 (Direct)	₹18.36 (Direct)
Expense ratio (Direct)	0.58%	0.52%
Expense ratio (Regular)	1.25%	0.94%
Riskometer	Not available	Not available
Benchmark	Not available	Not available
Launch date	Not available	Not available
Minimum investment	Not available	Not available
Lock in	Not available	Not available
Fund managers	Not available	Not available
Exit load	Not available	Not available

Baroda BNP Paribas NIFTY Midcap 150 Index vs SBI 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%	--	--	--
SBI Nifty Midcap 150 Index Fund (Direct)	−3.70%	−8.53%	−4.05%	−4.64%	+13.36%	--	--

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

Year	Baroda BNP ParibasBaroda BNP Paribas NIFTY Midcap 150 Index	SBISBI Nifty Midcap 150 Index	Nifty Midcap 150 TRI
2026to date	−5.68%	−5.18%	−4.97%
2025	+5.55%	+5.52%	+5.98%
2024	--	+23.88%	+24.46%
2023	--	+43.91%	+44.61%

Baroda BNP Paribas NIFTY Midcap 150 Index vs SBI 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, 242 of them, one for each trading day from 06-11-2025 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.

−10%−5%0%5%10%15%20%25%

Dec 2024
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

Baroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)SBI Nifty Midcap 150 Index Fund (Direct)Nifty Midcap 150 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	15-20%	20-25%	Mean	Median	Lowest	Highest	Beat benchmark
Baroda BNP Paribas NIFTY Midcap 150 Index	5.8	25.2	37.2	22.3	8.3	1.2	7.7%	7.3%	−6.3%	20.9%	0%
SBI Nifty Midcap 150 Index	4.9	23.6	38.6	22.0	8.5	2.4	8.0%	7.5%	−5.8%	23.3%	0%
Nifty Midcap 150 TRI	3.7	20.2	41.3	23.6	8.3	2.9	8.4%	8.0%	−5.5%	21.8%	--

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 06-11-2024. Past returns do not promise future returns.

Baroda BNP Paribas NIFTY Midcap 150 Index vs SBI 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 06-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.

Investment	Invested	Value now	Gain	Return a year
Baroda BNP Paribas NIFTY Midcap 150 IndexBaroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)	₹2,40,000	₹2,37,711	−₹2,289	−0.9%
SBI Nifty Midcap 150 IndexSBI Nifty Midcap 150 Index Fund (Direct)	₹2,40,000	₹2,39,116	−₹884	−0.4%

₹0₹1.0 L₹2.0 L₹3.0 L

20252026

Baroda BNP Paribas NIFTY Midcap 150 IndexBaroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)SBI Nifty Midcap 150 IndexSBI 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 NIFTY Midcap 150 Index vs SBI 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)	SBI Nifty Midcap 150 Index Fund (Direct)
Return (CAGR)	−5.14%	−4.64%
Standard deviation	16.52%	16.55%
Sharpe ratio	-0.63	-0.60
Sortino ratio	-0.84	-0.80
Maximum drawdown	−14.0% (30-03-2026)	−14.0% (30-03-2026)
Beta	1.00	1.00
Alpha	−0.79%	−0.27%

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 NIFTY Midcap 150 Index Fund (Direct)	SBI Nifty Midcap 150 Index Fund (Direct)
Return (CAGR)	−0.64%	+16.01%
Standard deviation	16.93%	15.75%
Sharpe ratio	-0.37	0.62
Sortino ratio	-0.50	0.83
Maximum drawdown	−18.8% (28-02-2025)	−21.1% (28-02-2025)
Beta	0.99	1.00
Alpha	−0.68%	−0.49%

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.

−20%−15%−10%−5%0%

20252026

Baroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)SBI 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)	−18.8%	16-12-2024	28-02-2025	09-06-2025	3 months	−10.7%
SBI Nifty Midcap 150 Index Fund (Direct)	−18.9%	16-12-2024	28-02-2025	09-06-2025	3 months	−10.6%
Nifty Midcap 150 TRI	−18.9%	16-12-2024	28-02-2025	09-06-2025	3 months	−10.5%

From daily values since 06-11-2024, 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.

0%5%10%15%20%

2026

Baroda BNP Paribas NIFTY Midcap 150 Index Fund (Direct)SBI 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 NIFTY Midcap 150 Index Fund (Direct)	98%	100%	0.22%
SBI Nifty Midcap 150 Index Fund (Direct)	99%	101%	0.05%

From month-end values since 06-11-2024. 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 NIFTY Midcap 150 Index vs SBI Nifty Midcap 150 Index: Portfolio Overlap

From each fund's latest monthly portfolio: Baroda BNP Paribas NIFTY Midcap 150 Index Fund, September 2026; SBI 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 SBI Nifty Midcap 150 Index: 0

Security	% of Baroda BNP Paribas NIFTY Midcap 150 Index	% of SBI Nifty Midcap 150 Index
Multi Commodity Exchange of India Limited	2.01%	2.08%
The Federal Bank Limited	1.92%	1.93%
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%	1.46%
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%	1.18%
Info Edge (India) Limited	1.16%	1.16%
Indus Towers Limited	1.14%	1.18%
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%
United Spirits Limited	1.00%	0.99%
Fortis Healthcare Limited	0.99%	0.99%
APL Apollo Tubes Limited	0.97%	0.98%
ICICI Lombard General Insurance Company Limited	0.96%	0.95%
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%
Max Financial Services Limited	0.92%	0.90%
Yes Bank Limited	0.90%	0.91%
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%	0.81%
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%
NHPC Limited	0.68%	0.68%
KEI Industries Limited	0.68%	0.68%
360 One WAM Limited	0.66%	0.67%
Mankind Pharma Limited	0.66%	0.70%
Billionbrains Garage Ventures Ltd	0.65%	0.65%
Piramal Finance Limited	0.65%	0.66%
NMDC Limited	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%	0.63%
MRF Limited	0.64%	0.63%
Prestige Estates Projects Limited	0.63%	0.62%
Biocon Limited	0.62%	0.64%
Tube Investments of India Limited	0.62%	0.62%
Lloyds Metals And Energy Limited	0.61%	0.64%
Voltas Limited	0.62%	0.60%
Oil India Limited	0.60%	0.60%
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%
L&T Finance Limited	0.57%	0.56%
Page Industries Limited	0.56%	0.57%
Dabur India Limited	0.55%	0.55%
Godrej Properties Limited	0.55%	0.54%
Supreme Industries Limited	0.54%	0.55%
Petronet LNG Limited	0.53%	0.53%
Mahindra & Mahindra Financial Services Limited	0.53%	0.53%
Coromandel International Limited	0.54%	0.52%
JK Cement Limited	0.53%	0.52%
UNO Minda Limited	0.52%	0.52%
JSW Infrastructure Ltd	0.52%	0.52%
Oberoi Realty Limited	0.52%	0.51%
Kalyan Jewellers India Limited	0.51%	0.52%
Meesho Ltd	0.49%	0.51%
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%
Thermax Limited	0.33%	0.32%
General Insurance Corporation of India	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%
Premier Energies Limited	0.32%	0.31%
Patanjali Foods Limited	0.32%	0.31%
Cochin Shipyard Limited	0.32%	0.31%
Narayana Hrudayalaya Limited	0.30%	0.31%
Global Health Limited	0.30%	0.30%
K.P.R. Mill 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%	0.23%
Endurance Technologies Limited	0.23%	0.23%
L&T Technology Services Limited	0.23%	0.22%
Escorts Kubota Limited	0.22%	0.22%
Anthem Biosciences Limited	0.22%	0.23%
Indian Renewable Energy Development Agency Limited	0.22%	0.22%
Bajaj Housing Finance 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 SBI 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	SBI 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	SBI 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	SBI Nifty Midcap 150 Index
Pharmaceuticals & Biotechnology	9.0%	9.2%
Banks	8.6%	8.7%
Finance	6.8%	6.8%
Electrical Equipment	5.9%	5.9%
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 SBI 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	SBI Nifty Midcap 150 Index Fund
Total expense ratio (Direct)	0.58%	0.52%
Base expense ratio (Direct)	0.33%	0.34%
Total expense ratio (Regular)	1.25%	0.94%
Base expense ratio (Regular)	0.90%	0.70%

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 SBI Nifty Midcap 150 Index Fund: Frequently Asked Questions

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

Baroda BNP Paribas NIFTY Midcap 150 Index Fund is a mutual fund, SBI Nifty Midcap 150 Index Fund is a mutual fund, run by Baroda BNP Paribas Mutual Fund and SBI Mutual Fund. Their portfolios overlap 99.1%. Baroda BNP Paribas NIFTY Midcap 150 Index Fund charges 0.58% a year and SBI Nifty Midcap 150 Index Fund 0.52%.

Which has given higher returns, Baroda BNP Paribas NIFTY Midcap 150 Index Fund or SBI Nifty Midcap 150 Index Fund?

Over 1 year: Baroda BNP Paribas NIFTY Midcap 150 Index Fund −5.14%, SBI Nifty Midcap 150 Index Fund −4.64%. As on 30-10-2026. Past returns do not promise future returns.

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

SBI Nifty Midcap 150 Index Fund charges less: 0.52% 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 SBI 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 SBI 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.