ICICI Prudential Nifty Midcap 150 Index Fund vs Nippon India Nifty Midcap 150 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Nifty Midcap 150 Index Fund is an Index fund and Nippon India Nifty Midcap 150 Index Fund is a mutual fund. In the 3 years to 30-10-2026, ICICI Prudential Nifty Midcap 150 Index Fund (Direct) returned 13.3% a year and Nippon India Nifty Midcap 150 Index Fund (Direct) returned 13.4% a year. ICICI Prudential Nifty Midcap 150 Index Fund charges 0.39% a year and Nippon India Nifty Midcap 150 Index Fund 0.42% (Direct plans). Their portfolios overlap 98.5%: they hold 149 of the same securities.
ICICI Prudential Nifty Midcap 150 Index Fund
Index
- 3 year return
- 13.3%
- Expense ratio
- 0.39%
- NAV
- ₹18.85
Nippon India Nifty Midcap 150 Index Fund
- 3 year return
- 13.4%
- Expense ratio
- 0.42%
- NAV
- ₹24.42
Which is better, ICICI Prudential Nifty Midcap 150 Index or Nippon India 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.
- Nippon India Nifty Midcap 150 Index returned more over 3 years: 13.4% a year against 13.3%.
- Nippon India Nifty Midcap 150 Index returned more over 1 year: −4.5% against −4.6%.
- ICICI Prudential Nifty Midcap 150 Index costs less: 0.39% a year against 0.42% (Direct plans).
- Nippon India Nifty Midcap 150 Index swung less over 3 years: a standard deviation of 17.0% a year against 17.0%.
- Nippon India Nifty Midcap 150 Index fell less in its worst fall since 23-12-2021: −21.1% against −21.1%.
- Nippon India Nifty Midcap 150 Index is the larger fund: ₹2,675 Cr against ₹1,257 Cr.
- Their portfolios overlap 98.5%: 149 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 | ICICI Prudential Nifty Midcap 150 Index Fund | Nippon India Nifty Midcap 150 Index Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹1,257 Cr (30-09-2026) | ₹2,675 Cr (30-09-2026) |
| NAV | ₹18.85 (Direct) | ₹24.42 (Direct) |
| Expense ratio (Direct) | 0.39% | 0.42% |
| Expense ratio (Regular) | 1.13% | 0.93% |
| Riskometer | Not available | Not available |
| Benchmark | Nifty Midcap 150 TRI | Not available |
| Launch date | 22-12-2021 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Nishit Patel, Ajaykumar Solanki, Ashwini Shinde | Not available |
| Exit load | Nil | Not available |
ICICI Prudential Nifty Midcap 150 Index vs Nippon India 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund (Direct) | −3.71% | −8.52% | −4.09% | −4.63% | +13.34% | -- | -- |
| Nippon India Nifty Midcap 150 Index Fund (Direct) | −3.63% | −8.46% | −4.01% | −4.54% | +13.42% | +13.39% | -- |
ICICI Prudential Nifty Midcap 150 Index vs Nippon India Nifty Midcap 150 Index: Year-wise Returns
| Year | ICICI PrudentialICICI Prudential Nifty Midcap 150 Index | Nippon IndiaNippon India Nifty Midcap 150 Index | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −5.19% | −5.12% | −4.97% |
| 2025 | +5.58% | +5.61% | +5.98% |
| 2024 | +23.79% | +23.83% | +24.46% |
| 2023 | +43.78% | +44.05% | +44.61% |
| 2022 | +3.22% | +3.36% | +3.91% |
ICICI Prudential Nifty Midcap 150 Index vs Nippon India Nifty Midcap 150 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 457 of them, one for each trading day from 23-12-2024 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.
ICICI Prudential Nifty Midcap 150 Index Fund (Direct)
Nippon India Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index | 0.0 | 0.0 | 0.0 | 6.8 | 21.2 | 59.5 | 12.5 | 21.6% | 21.9% | 12.2% | 30.6% | 0% |
| Nippon India Nifty Midcap 150 Index | 0.0 | 0.0 | 0.0 | 6.8 | 20.4 | 60.4 | 12.5 | 21.7% | 22.0% | 12.3% | 30.8% | 0% |
| Nifty Midcap 150 TRI | 0.0 | 0.0 | 0.0 | 5.9 | 16.6 | 63.7 | 13.8 | 22.2% | 22.5% | 12.7% | 31.3% | -- |
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 23-12-2021. Past returns do not promise future returns.
ICICI Prudential Nifty Midcap 150 Index vs Nippon India 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 23-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 IndexICICI Prudential Nifty Midcap 150 Index Fund (Direct) | ₹5,90,000 | ₹7,85,639 | ₹1,95,639 | 11.6% |
| Nippon India Nifty Midcap 150 IndexNippon India Nifty Midcap 150 Index Fund (Direct) | ₹5,90,000 | ₹7,87,477 | ₹1,97,477 | 11.7% |
ICICI Prudential Nifty Midcap 150 IndexICICI Prudential Nifty Midcap 150 Index Fund (Direct)
Nippon India Nifty Midcap 150 IndexNippon India 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.
ICICI Prudential Nifty Midcap 150 Index vs Nippon India Nifty Midcap 150 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Nifty Midcap 150 Index Fund (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.63% | −4.54% |
| Standard deviation | 16.53% | 16.50% |
| Sharpe ratio | -0.60 | -0.59 |
| Sortino ratio | -0.80 | -0.79 |
| Maximum drawdown | −13.9% (30-03-2026) | −13.9% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.28% | −0.20% |
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 | ICICI Prudential Nifty Midcap 150 Index Fund (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.34% | +13.42% |
| Standard deviation | 17.02% | 17.01% |
| Sharpe ratio | 0.43 | 0.43 |
| Sortino ratio | 0.57 | 0.58 |
| Maximum drawdown | −21.1% (28-02-2025) | −21.1% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.38% |
From daily NAVs, 30-10-2023 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 | ICICI Prudential Nifty Midcap 150 Index Fund (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.78% | +17.07% |
| Standard deviation | 16.52% | 16.54% |
| Sharpe ratio | 0.48 | 0.70 |
| Sortino ratio | 0.64 | 0.93 |
| Maximum drawdown | −21.1% (28-02-2025) | −21.4% (20-06-2022) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.55% | −0.51% |
From daily NAVs, 23-12-2021 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.
ICICI Prudential Nifty Midcap 150 Index Fund (Direct)
Nippon India 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 |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund (Direct) | −21.1% | 24-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −10.6% |
| Nippon India Nifty Midcap 150 Index Fund (Direct) | −21.1% | 24-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −10.5% |
| Nifty Midcap 150 TRI | −20.9% | 24-09-2024 | 28-02-2025 | 12-11-2025 | 8 months | −10.5% |
From daily values since 23-12-2021, 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.
ICICI Prudential Nifty Midcap 150 Index Fund (Direct)
Nippon India Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Nifty Midcap 150 Index Fund (Direct)
Nippon India Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund (Direct) | 99% | 101% | 0.10% |
| Nippon India Nifty Midcap 150 Index Fund (Direct) | 99% | 101% | 0.12% |
From month-end values since 23-12-2021. 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.
ICICI Prudential Nifty Midcap 150 Index vs Nippon India Nifty Midcap 150 Index: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty Midcap 150 Index Fund, September 2026; Nippon India Nifty Midcap 150 Index Fund, September 2026
Holdings in common
- Overlap
- 98.5%
- Held by both
- 149
- Only in ICICI Prudential Nifty Midcap 150 Index
- 1
- Only in Nippon India Nifty Midcap 150 Index
- 0
| Security | % of ICICI Prudential Nifty Midcap 150 Index | % of Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 2.05% | 2.08% |
| The Federal Bank Ltd. | 1.90% | 1.94% |
| Laurus Labs Ltd. | 1.87% | 1.91% |
| One 97 Communications Ltd | 1.76% | 1.79% |
| Hero Motocorp Ltd. | 1.65% | 1.68% |
| The Indian Hotels Company Ltd. | 1.55% | 1.58% |
| COFORGE Ltd. | 1.48% | 1.51% |
| Bharat Heavy Electricals Ltd. | 1.47% | 1.50% |
| IndusInd Bank Ltd. | 1.44% | 1.47% |
| AU Small Finance Bank Ltd. | 1.43% | 1.45% |
| Persistent Systems Ltd. | 1.40% | 1.42% |
| Dixon Technologies (India) Ltd. | 1.33% | 1.35% |
| IDFC First Bank Ltd. | 1.31% | 1.34% |
| Bharat Forge Ltd. | 1.30% | 1.33% |
| Ge Vernova T&D India Ltd. | 1.26% | 1.29% |
| Lenskart Solutions Ltd. | 1.22% | 1.24% |
| Life Insurance Corporation of India | 1.22% | 1.24% |
| Lupin Ltd. | 1.20% | 1.22% |
| Suzlon Energy Ltd. | 1.17% | 1.19% |
| Indus Towers Ltd. | 1.17% | 1.19% |
| Info Edge (India) Ltd. | 1.15% | 1.17% |
| Aurobindo Pharma Ltd. | 1.12% | 1.14% |
| Ashok Leyland Ltd. | 1.07% | 1.09% |
| FSN E-Commerce Ventures Ltd. | 1.06% | 1.08% |
| Marico Ltd. | 1.01% | 1.03% |
| Fortis Healthcare Ltd. | 0.97% | 0.99% |
| United Spirits Ltd. | 0.97% | 0.99% |
| APL Apollo Tubes Ltd. | 0.97% | 0.99% |
| ICICI Lombard General Insurance Company Ltd. | 0.94% | 0.96% |
| EMBASSY OFFICE PARKS REIT | 1.86% | 0.94% |
| PB Fintech Ltd. | 0.92% | 0.94% |
| Swiggy Ltd | 0.91% | 0.93% |
| Rural Electrification Corporation Ltd. | 0.91% | 0.92% |
| Yes Bank Ltd. | 0.89% | 0.91% |
| Max Financial Services Ltd. | 0.89% | 0.90% |
| The Phoenix Mills Ltd. | 0.88% | 0.90% |
| SRF Ltd. | 0.87% | 0.89% |
| Glenmark Pharmaceuticals Ltd. | 0.85% | 0.87% |
| Radico Khaitan Ltd. | 0.83% | 0.85% |
| Lodha Developers Ltd | 0.82% | 0.83% |
| Hindustan Petroleum Corporation Ltd. | 0.82% | 0.83% |
| Gmr Airports Ltd. | 0.80% | 0.82% |
| Aditya Birla Capital Ltd. | 0.79% | 0.80% |
| Apar Industries Ltd. | 0.79% | 0.80% |
| Alkem Laboratories Ltd. | 0.76% | 0.77% |
| National Aluminium Company Ltd. | 0.74% | 0.76% |
| JSW Energy Ltd | 0.74% | 0.75% |
| UPL Ltd. | 0.74% | 0.75% |
| Sundaram Finance Ltd. | 0.73% | 0.74% |
| Shree Cements Ltd. | 0.73% | 0.74% |
| Mphasis Ltd. | 0.69% | 0.71% |
| Indian Bank | 0.69% | 0.71% |
| Mankind Pharma Ltd. | 0.69% | 0.70% |
| Vishal Mega Mart Ltd. | 0.69% | 0.70% |
| KEI Industries Ltd. | 0.67% | 0.68% |
| NHPC Ltd. | 0.67% | 0.68% |
| 360 One Wam Ltd. | 0.66% | 0.67% |
| IPCA Laboratories Ltd. | 0.65% | 0.66% |
| Dewan Housing Finance Corporation Ltd. | 0.65% | 0.66% |
| NMDC Ltd. | 0.64% | 0.65% |
| Billionbrains Garage Ventures Ltd | 0.64% | 0.65% |
| Steel Authority Of India Ltd. | 0.64% | 0.65% |
| Lloyds Metals & Energy Ltd. | 0.63% | 0.64% |
| Biocon Ltd. | 0.63% | 0.64% |
| MRF Ltd. | 0.62% | 0.63% |
| Oracle Financial Services Software Ltd. | 0.62% | 0.63% |
| Tube Investments of India Ltd. | 0.62% | 0.63% |
| Havells India Ltd. | 0.62% | 0.63% |
| Prestige Estates Projects Ltd. | 0.61% | 0.62% |
| Oil India Ltd. | 0.60% | 0.61% |
| Voltas Ltd. | 0.60% | 0.60% |
| Torrent Power Ltd. | 0.58% | 0.59% |
| Jindal Stainless Ltd. | 0.58% | 0.58% |
| Colgate - Palmolive (India) Ltd. | 0.57% | 0.58% |
| Page Industries Ltd. | 0.56% | 0.57% |
| WAAREE Energies Ltd | 0.56% | 0.56% |
| L&T Finance Ltd. | 0.56% | 0.56% |
| Dabur India Ltd. | 0.55% | 0.56% |
| Supreme Industries Ltd. | 0.55% | 0.55% |
| Godrej Properties Ltd. | 0.54% | 0.55% |
| Mahindra & Mahindra Financial Services Ltd. | 0.53% | 0.53% |
| Petronet LNG Ltd. | 0.52% | 0.53% |
| UNO Minda Ltd. | 0.52% | 0.53% |
| JSW Infrastructure Ltd | 0.52% | 0.53% |
| Kalyan Jewellers India Ltd. | 0.52% | 0.53% |
| JK Cement Ltd. | 0.52% | 0.53% |
| Coromandel International Ltd. | 0.52% | 0.52% |
| Meesho Ltd | 0.51% | 0.52% |
| Oberoi Realty Ltd. | 0.51% | 0.51% |
| Blue Star Ltd. | 0.48% | 0.49% |
| Tata Communications Ltd. | 0.48% | 0.48% |
| Exide Industries Ltd. | 0.46% | 0.46% |
| PI Industries Ltd. | 0.46% | 0.46% |
| Aster DM Quality Care Ltd | 0.46% | 0.46% |
| Gujarat Fluorochemicals Ltd. | 0.46% | 0.46% |
| ITC Hotels Ltd | 0.45% | 0.46% |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD. | 0.45% | 0.45% |
| Hindustan Copper Ltd. | 0.45% | 0.45% |
| Jubilant Foodworks Ltd. | 0.44% | 0.44% |
| ICICI Prudential Life Insurance Company Ltd. | 0.43% | 0.44% |
| LG Electronics Inc | 0.43% | 0.44% |
| SBI Cards & Payment Services Ltd. | 0.42% | 0.43% |
| Balkrishna Industries Ltd. | 0.42% | 0.42% |
| Astral Ltd. | 0.41% | 0.41% |
| Ajanta Pharma Ltd. | 0.41% | 0.41% |
| Adani total gas Ltd. | 0.40% | 0.41% |
| Bank Of Maharashtra | 0.40% | 0.40% |
| LIC Housing Finance Ltd. | 0.39% | 0.39% |
| Motilal Oswal Financial Services Ltd. | 0.39% | 0.39% |
| Bank Of India | 0.39% | 0.39% |
| Schaeffler India Ltd. | 0.39% | 0.39% |
| Container Corporation Of India Ltd. | 0.38% | 0.38% |
| AIA Engineering Ltd. | 0.37% | 0.37% |
| Authum Investment & Infrastucture Ltd | 0.36% | 0.36% |
| Abbott India Ltd. | 0.35% | 0.35% |
| Indian Railway Catering and Tourism Corporation Ltd. | 0.34% | 0.34% |
| Dalmia Bharat Ltd. | 0.33% | 0.33% |
| Linde India Ltd. | 0.33% | 0.33% |
| HDB Financial Services Ltd. | 0.32% | 0.33% |
| General Insurance Corporation of India | 0.32% | 0.33% |
| Thermax Ltd. | 0.32% | 0.33% |
| Berger Paints India Ltd. | 0.32% | 0.32% |
| Premier Energies Ltd. | 0.31% | 0.31% |
| Cochin Shipyard Ltd. | 0.31% | 0.31% |
| Patanjali Foods Ltd. | 0.31% | 0.31% |
| Narayana Hrudayalaya Ltd. | 0.30% | 0.31% |
| K.P.R. Mill Ltd. | 0.30% | 0.30% |
| Global Health Ltd | 0.30% | 0.30% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.28% | 0.28% |
| Rail Vikas Nigam Ltd. | 0.28% | 0.28% |
| CRISIL Ltd. | 0.27% | 0.27% |
| Bharti Hexacom Ltd. | 0.26% | 0.27% |
| Bharat Dynamics Ltd. | 0.25% | 0.25% |
| NLC India Ltd. | 0.23% | 0.24% |
| Endurance Technologies Ltd. | 0.23% | 0.23% |
| Anthem Biosciences Ltd | 0.23% | 0.23% |
| Bajaj Housing Finance Ltd. | 0.22% | 0.22% |
| Escorts Kubota Ltd | 0.22% | 0.22% |
| L&T Technology Services Ltd. | 0.22% | 0.22% |
| Indian Renewable Energy Development Agency Ltd | 0.22% | 0.22% |
| NTPC Green Energy Ltd | 0.21% | 0.21% |
| United Breweries Ltd. | 0.21% | 0.21% |
| Housing & Urban Development Corporation Ltd. | 0.21% | 0.21% |
| Tata Investment Corporation Ltd. | 0.20% | 0.20% |
| Godfrey Phillips India Ltd. | 0.19% | 0.19% |
| Hexaware Technologies Ltd. | 0.18% | 0.18% |
| The Fertilisers and Chemicals. | 0.12% | 0.12% |
| Godrej Industries Ltd. | 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. 98.5% means 98.5% 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 ICICI Prudential Nifty Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| Nippon Life India Asset Management Ltd | 0.47% |
Largest holdings only in Nippon India 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 | ICICI Prudential Nifty Midcap 150 Index | Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Equity | 98.1% | 99.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.9% | 1.0% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty Midcap 150 Index | Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Large Cap | 5.6% | 5.7% |
| Mid Cap | 89.9% | 90.8% |
| 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 | ICICI Prudential Nifty Midcap 150 Index | Nippon India 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 | 4.7% | 4.2% |
| Auto Components | 4.6% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Nifty Midcap 150 Index vs Nippon India Nifty Midcap 150 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty Midcap 150 Index Fund | Nippon India Nifty Midcap 150 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.39% | 0.42% |
| Base expense ratio (Direct) | 0.22% | 0.25% |
| Total expense ratio (Regular) | 1.13% | 0.93% |
| Base expense ratio (Regular) | 0.86% | 0.69% |
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.
ICICI Prudential Nifty Midcap 150 Index Fund vs Nippon India Nifty Midcap 150 Index Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty Midcap 150 Index Fund and Nippon India Nifty Midcap 150 Index Fund?
ICICI Prudential Nifty Midcap 150 Index Fund is an Index fund, Nippon India Nifty Midcap 150 Index Fund is a mutual fund, run by ICICI Prudential Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 98.5%. ICICI Prudential Nifty Midcap 150 Index Fund charges 0.39% a year and Nippon India Nifty Midcap 150 Index Fund 0.42%.
Which has given higher returns, ICICI Prudential Nifty Midcap 150 Index Fund or Nippon India Nifty Midcap 150 Index Fund?
Over 1 year: ICICI Prudential Nifty Midcap 150 Index Fund −4.63%, Nippon India Nifty Midcap 150 Index Fund −4.54%. Over 3 years: ICICI Prudential Nifty Midcap 150 Index Fund +13.34% a year, Nippon India Nifty Midcap 150 Index Fund +13.42% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty Midcap 150 Index Fund or Nippon India Nifty Midcap 150 Index Fund?
ICICI Prudential Nifty Midcap 150 Index Fund charges less: 0.39% a year against 0.42%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty Midcap 150 Index Fund and Nippon India Nifty Midcap 150 Index Fund overlap?
98.5%. They hold 149 of the same securities, the largest shared ones being MCX, FEDERALBNK, LAURUSLABS. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Nifty Midcap 150 Index Fund or Nippon India Nifty Midcap 150 Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,89,207 in ICICI Prudential Nifty Midcap 150 Index Fund (XIRR 3.2% a year) and ₹3,89,595 in Nippon India Nifty Midcap 150 Index Fund (XIRR 3.3% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Nifty Midcap 150 Index Fund and Nippon India Nifty Midcap 150 Index Fund?
Yes. 98.5% 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.