Nippon India ETF Nifty Midcap 150 vs Nippon India Nifty Midcap 150 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India ETF Nifty Midcap 150 is a mutual fund and Nippon India Nifty Midcap 150 Index Fund is a mutual fund. In the 3 years to 30-10-2026, Nippon India ETF Nifty Midcap 150 (Direct) returned 13.6% a year and Nippon India Nifty Midcap 150 Index Fund (Direct) returned 13.4% a year. Nippon India ETF Nifty Midcap 150 charges 0.28% a year and Nippon India Nifty Midcap 150 Index Fund 0.42% (Direct plans). Their portfolios overlap 99.9%: they hold 149 of the same securities.
Nippon India ETF Nifty Midcap 150
- 3 year return
- 13.6%
- Expense ratio
- 0.28%
- NAV
- ₹217.96
Nippon India Nifty Midcap 150 Index Fund
- 3 year return
- 13.4%
- Expense ratio
- 0.42%
- NAV
- ₹24.42
Which is better, Nippon India ETF Nifty Midcap 150 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 ETF Nifty Midcap 150 returned more over 5 years: 13.6% a year against 13.4%.
- Nippon India ETF Nifty Midcap 150 returned more over 3 years: 13.6% a year against 13.4%.
- Nippon India ETF Nifty Midcap 150 costs less: 0.28% 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 17.1%.
- Nippon India ETF Nifty Midcap 150 fell less in its worst fall since 23-02-2021: −21.2% against −21.4%.
- Nippon India ETF Nifty Midcap 150 is the larger fund: ₹3,821 Cr against ₹2,675 Cr.
- Their portfolios overlap 99.9%: 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 | Nippon India ETF Nifty Midcap 150 | Nippon India Nifty Midcap 150 Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Nippon India Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹3,821 Cr (30-09-2026) | ₹2,675 Cr (30-09-2026) |
| NAV | ₹217.96 (Direct) | ₹24.42 (Direct) |
| Expense ratio (Direct) | 0.28% | 0.42% |
| Expense ratio (Regular) | Not available | 0.93% |
| 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 |
Nippon India ETF Nifty Midcap 150 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 |
|---|---|---|---|---|---|---|---|
| Nippon India ETF Nifty Midcap 150 (Direct) | −3.63% | −8.46% | −3.99% | −4.46% | +13.60% | +13.60% | -- |
| Nippon India Nifty Midcap 150 Index Fund (Direct) | −3.63% | −8.46% | −4.01% | −4.54% | +13.42% | +13.39% | -- |
Nippon India ETF Nifty Midcap 150 vs Nippon India Nifty Midcap 150 Index: Year-wise Returns
| Year | ETF Nifty Midcap 150Nippon India ETF Nifty Midcap 150 | Nifty Midcap 150 IndexNippon India Nifty Midcap 150 Index | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −5.05% | −5.12% | −4.97% |
| 2025 | +5.77% | +5.61% | +5.98% |
| 2024 | +24.13% | +23.83% | +24.46% |
| 2023 | +44.29% | +44.05% | +44.61% |
| 2022 | +3.62% | +3.36% | +3.91% |
| 2021 | +47.60% | -- | +48.16% |
Nippon India ETF Nifty Midcap 150 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, 662 of them, one for each trading day from 23-02-2024 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.
Nippon India ETF Nifty Midcap 150 (Direct)
Nippon India Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
to
May 2024Oct 2021
to
Oct 2024Apr 2022
to
Apr 2025Sept 2022
to
Sept 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India ETF Nifty Midcap 150 | 0.0 | 0.0 | 0.0 | 4.4 | 13.0 | 52.1 | 30.5 | 23.1% | 23.1% | 12.4% | 31.0% | 1% |
| Nippon India Nifty Midcap 150 Index | 0.0 | 0.0 | 0.0 | 4.7 | 14.5 | 50.8 | 30.0 | 22.9% | 22.9% | 12.3% | 30.8% | 0% |
| Nifty Midcap 150 TRI | 0.0 | 0.0 | 0.0 | 4.1 | 11.8 | 52.1 | 32.0 | 23.4% | 23.4% | 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 23-02-2021. Past returns do not promise future returns.
Nippon India ETF Nifty Midcap 150 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 01-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India ETF Nifty Midcap 150Nippon India ETF Nifty Midcap 150 (Direct) | ₹6,90,000 | ₹10,10,415 | ₹3,20,415 | 13.2% |
| Nippon India Nifty Midcap 150 IndexNippon India Nifty Midcap 150 Index Fund (Direct) | ₹6,90,000 | ₹10,02,700 | ₹3,12,700 | 12.9% |
Nippon India ETF Nifty Midcap 150Nippon India ETF Nifty Midcap 150 (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.
Nippon India ETF Nifty Midcap 150 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 | Nippon India ETF Nifty Midcap 150 (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.46% | −4.54% |
| Standard deviation | 16.63% | 16.50% |
| Sharpe ratio | -0.58 | -0.59 |
| Sortino ratio | -0.78 | -0.79 |
| Maximum drawdown | −13.9% (30-03-2026) | −13.9% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.12% | −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 | Nippon India ETF Nifty Midcap 150 (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.60% | +13.42% |
| Standard deviation | 17.06% | 17.01% |
| Sharpe ratio | 0.44 | 0.43 |
| Sortino ratio | 0.59 | 0.58 |
| Maximum drawdown | −21.0% (28-02-2025) | −21.1% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.21% | −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 | Nippon India ETF Nifty Midcap 150 (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.60% | +13.39% |
| Standard deviation | 16.71% | 16.65% |
| Sharpe ratio | 0.47 | 0.46 |
| Sortino ratio | 0.62 | 0.60 |
| Maximum drawdown | −21.0% (28-02-2025) | −21.1% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.22% | −0.43% |
From daily NAVs, 29-10-2021 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.
| Measure | Nippon India ETF Nifty Midcap 150 (Direct) | Nippon India Nifty Midcap 150 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.96% | +17.07% |
| Standard deviation | 18.17% | 16.54% |
| Sharpe ratio | 0.70 | 0.70 |
| Sortino ratio | 0.92 | 0.93 |
| Maximum drawdown | −38.4% (23-03-2020) | −21.4% (20-06-2022) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.31% | −0.51% |
From daily NAVs, 01-02-2019 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.
Nippon India ETF Nifty Midcap 150 (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 |
|---|---|---|---|---|---|---|
| Nippon India ETF Nifty Midcap 150 (Direct) | −21.2% | 18-10-2021 | 20-06-2022 | 09-09-2022 | 3 months | −10.5% |
| Nippon India Nifty Midcap 150 Index Fund (Direct) | −21.4% | 18-10-2021 | 20-06-2022 | 12-09-2022 | 3 months | −10.5% |
| Nifty Midcap 150 TRI | −21.1% | 18-10-2021 | 20-06-2022 | 09-09-2022 | 3 months | −10.5% |
From daily values since 23-02-2021, 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.
Nippon India ETF Nifty Midcap 150 (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.
Nippon India ETF Nifty Midcap 150 (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 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India ETF Nifty Midcap 150 (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 |
|---|---|---|---|
| Nippon India ETF Nifty Midcap 150 (Direct) | 99% | 100% | 0.11% |
| Nippon India Nifty Midcap 150 Index Fund (Direct) | 99% | 101% | 0.15% |
From month-end values since 23-02-2021. 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.
Nippon India ETF Nifty Midcap 150 vs Nippon India Nifty Midcap 150 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India ETF Nifty Midcap 150, September 2026; Nippon India Nifty Midcap 150 Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 149
- Only in Nippon India ETF Nifty Midcap 150
- 0
- Only in Nippon India Nifty Midcap 150 Index
- 0
| Security | % of Nippon India ETF Nifty Midcap 150 | % of Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Multi Commodity Exchange of India Limited | 2.08% | 2.08% |
| The Federal Bank Limited | 1.94% | 1.94% |
| Laurus Labs Limited | 1.91% | 1.91% |
| One 97 Communications Limited | 1.79% | 1.79% |
| Hero MotoCorp Limited | 1.68% | 1.68% |
| The Indian Hotels Company Limited | 1.58% | 1.58% |
| Coforge Limited | 1.51% | 1.51% |
| Bharat Heavy Electricals Limited | 1.50% | 1.50% |
| IndusInd Bank Limited | 1.47% | 1.47% |
| AU Small Finance Bank Limited | 1.45% | 1.45% |
| Persistent Systems Limited | 1.42% | 1.42% |
| Dixon Technologies (India) Limited | 1.35% | 1.35% |
| IDFC First Bank Limited | 1.34% | 1.34% |
| Bharat Forge Limited | 1.32% | 1.33% |
| GE Vernova T&D India Limited | 1.29% | 1.29% |
| Life Insurance Corporation Of India | 1.24% | 1.24% |
| Lenskart Solutions Limited | 1.24% | 1.24% |
| Lupin Limited | 1.22% | 1.22% |
| Suzlon Energy Limited | 1.19% | 1.19% |
| Indus Towers Limited | 1.19% | 1.19% |
| Info Edge (India) Limited | 1.17% | 1.17% |
| Aurobindo Pharma Limited | 1.14% | 1.14% |
| Ashok Leyland Limited | 1.09% | 1.09% |
| FSN E-Commerce Ventures Limited | 1.08% | 1.08% |
| Marico Limited | 1.03% | 1.03% |
| Fortis Healthcare Limited | 0.99% | 0.99% |
| APL Apollo Tubes Limited | 0.99% | 0.99% |
| United Spirits Limited | 0.99% | 0.99% |
| ICICI Lombard General Insurance Company Limited | 0.96% | 0.96% |
| Embassy Office Parks REIT | 0.94% | 0.94% |
| Swiggy Limited | 0.93% | 0.93% |
| PB Fintech Limited | 0.93% | 0.94% |
| REC Limited | 0.92% | 0.92% |
| Yes Bank Limited | 0.91% | 0.91% |
| Max Financial Services Limited | 0.90% | 0.90% |
| The Phoenix Mills Limited | 0.89% | 0.90% |
| SRF Limited | 0.89% | 0.89% |
| Glenmark Pharmaceuticals Limited | 0.87% | 0.87% |
| Radico Khaitan Limited | 0.85% | 0.85% |
| Hindustan Petroleum Corporation Limited | 0.83% | 0.83% |
| Lodha Developers Limited | 0.83% | 0.83% |
| GMR Airports Limited | 0.82% | 0.82% |
| Apar Industries Limited | 0.80% | 0.80% |
| Aditya Birla Capital Limited | 0.80% | 0.80% |
| Alkem Laboratories Limited | 0.77% | 0.77% |
| National Aluminium Company Limited | 0.76% | 0.76% |
| JSW Energy Limited | 0.75% | 0.75% |
| UPL Limited | 0.75% | 0.75% |
| Shree Cement Limited | 0.74% | 0.74% |
| Sundaram Finance Limited | 0.74% | 0.74% |
| Mphasis Limited | 0.71% | 0.71% |
| Vishal Mega Mart Limited | 0.70% | 0.70% |
| Indian Bank | 0.70% | 0.71% |
| Mankind Pharma Limited | 0.70% | 0.70% |
| NHPC Limited | 0.68% | 0.68% |
| KEI Industries Limited | 0.68% | 0.68% |
| 360 One WAM Limited | 0.67% | 0.67% |
| Piramal Finance Limited | 0.66% | 0.66% |
| IPCA Laboratories Limited | 0.66% | 0.66% |
| Billionbrains Garage Ventures Ltd | 0.65% | 0.65% |
| Steel Authority of India Limited | 0.65% | 0.65% |
| NMDC Limited | 0.65% | 0.65% |
| Lloyds Metals And Energy Limited | 0.64% | 0.64% |
| Biocon Limited | 0.64% | 0.64% |
| Havells India Limited | 0.63% | 0.63% |
| Oracle Financial Services Software Limited | 0.63% | 0.63% |
| MRF Limited | 0.63% | 0.63% |
| Tube Investments of India Limited | 0.63% | 0.63% |
| Prestige Estates Projects Limited | 0.62% | 0.62% |
| Oil India Limited | 0.61% | 0.61% |
| Voltas Limited | 0.60% | 0.60% |
| Torrent Power Limited | 0.59% | 0.59% |
| Jindal Stainless Limited | 0.58% | 0.58% |
| Colgate Palmolive (India) Limited | 0.57% | 0.58% |
| Page Industries Limited | 0.57% | 0.57% |
| Dabur India Limited | 0.56% | 0.56% |
| Waaree Energies Limited | 0.56% | 0.56% |
| L&T Finance Limited | 0.56% | 0.56% |
| Supreme Industries Limited | 0.55% | 0.55% |
| Godrej Properties Limited | 0.54% | 0.55% |
| Kalyan Jewellers India Limited | 0.53% | 0.53% |
| Petronet LNG Limited | 0.53% | 0.53% |
| UNO Minda Limited | 0.53% | 0.53% |
| Mahindra & Mahindra Financial Services Limited | 0.53% | 0.53% |
| JK Cement Limited | 0.53% | 0.53% |
| JSW Infrastructure Ltd | 0.53% | 0.53% |
| Meesho Ltd | 0.52% | 0.52% |
| Coromandel International Limited | 0.52% | 0.52% |
| Oberoi Realty Limited | 0.51% | 0.51% |
| Blue Star Limited | 0.49% | 0.49% |
| Tata Communications Limited | 0.48% | 0.48% |
| Gujarat Fluorochemicals Limited | 0.46% | 0.46% |
| Exide Industries Limited | 0.46% | 0.46% |
| ITC Hotels Limited | 0.46% | 0.46% |
| PI Industries Limited | 0.46% | 0.46% |
| Aster DM Quality Care Limited | 0.46% | 0.46% |
| ICICI Prudential Asset Management Company Limited | 0.45% | 0.45% |
| Hindustan Copper Limited | 0.45% | 0.45% |
| LG Electronics India Ltd | 0.44% | 0.44% |
| ICICI Prudential Life Insurance Company Limited | 0.44% | 0.44% |
| Jubilant Foodworks Limited | 0.44% | 0.44% |
| SBI Cards and Payment Services Limited | 0.43% | 0.43% |
| Balkrishna Industries Limited | 0.42% | 0.42% |
| Astral Limited | 0.41% | 0.41% |
| Ajanta Pharma Limited | 0.41% | 0.41% |
| Adani Total Gas Limited | 0.41% | 0.41% |
| Bank of Maharashtra | 0.40% | 0.40% |
| Bank of India | 0.39% | 0.39% |
| LIC Housing Finance Limited | 0.39% | 0.39% |
| Motilal Oswal Financial Services Limited | 0.39% | 0.39% |
| Schaeffler India Limited | 0.39% | 0.39% |
| Container Corporation of India Limited | 0.38% | 0.38% |
| AIA Engineering Limited | 0.37% | 0.37% |
| Authum Investment And Infrastructure Limited | 0.36% | 0.36% |
| Abbott India Limited | 0.35% | 0.35% |
| Indian Railway Catering And Tourism Corporation Limited | 0.34% | 0.34% |
| Dalmia Bharat Limited | 0.33% | 0.33% |
| Thermax Limited | 0.33% | 0.33% |
| Linde India Limited | 0.33% | 0.33% |
| General Insurance Corporation of India | 0.33% | 0.33% |
| HDB Financial Services Limited | 0.33% | 0.33% |
| Berger Paints (I) Limited | 0.32% | 0.32% |
| Premier Energies Limited | 0.31% | 0.31% |
| Narayana Hrudayalaya Limited | 0.31% | 0.31% |
| Patanjali Foods Limited | 0.31% | 0.31% |
| Cochin Shipyard Limited | 0.31% | 0.31% |
| Global Health Limited | 0.30% | 0.30% |
| K.P.R. Mill Limited | 0.30% | 0.30% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.28% | 0.28% |
| Rail Vikas Nigam Limited | 0.28% | 0.28% |
| CRISIL Limited | 0.27% | 0.27% |
| Bharti Hexacom Limited | 0.27% | 0.27% |
| Bharat Dynamics Limited | 0.25% | 0.25% |
| NLC India Limited | 0.24% | 0.24% |
| Anthem Biosciences Limited | 0.23% | 0.23% |
| Endurance Technologies Limited | 0.23% | 0.23% |
| L&T Technology Services Limited | 0.22% | 0.22% |
| Escorts Kubota Limited | 0.22% | 0.22% |
| Indian Renewable Energy Development Agency Limited | 0.22% | 0.22% |
| Bajaj Housing Finance Limited | 0.22% | 0.22% |
| Housing & Urban Development Corporation Limited | 0.21% | 0.21% |
| NTPC Green Energy 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 | 0.12% | 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. 99.9% means 99.9% 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 Nippon India ETF Nifty Midcap 150
Every holding of this fund is also held by the other.
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 | Nippon India ETF Nifty Midcap 150 | Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Equity | 99.0% | 99.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.0% | 1.0% |
Market cap of stocks
| Market cap | Nippon India ETF Nifty Midcap 150 | Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Large Cap | 5.7% | 5.7% |
| Mid Cap | 90.7% | 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 | Nippon India ETF Nifty Midcap 150 | Nippon India Nifty Midcap 150 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 9.2% | 9.2% |
| Banks | 8.7% | 8.7% |
| Finance | 6.8% | 6.8% |
| Electrical Equipment | 6.0% | 6.0% |
| Retailing | 5.6% | 5.6% |
| Auto Components | 4.6% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India ETF Nifty Midcap 150 vs Nippon India Nifty Midcap 150 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India ETF Nifty Midcap 150 | Nippon India Nifty Midcap 150 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.28% | 0.42% |
| Base expense ratio (Direct) | 0.18% | 0.25% |
| Total expense ratio (Regular) | Not available | 0.93% |
| Base expense ratio (Regular) | 0.00% | 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.
Nippon India ETF Nifty Midcap 150 vs Nippon India Nifty Midcap 150 Index Fund: Frequently Asked Questions
What is the difference between Nippon India ETF Nifty Midcap 150 and Nippon India Nifty Midcap 150 Index Fund?
Nippon India ETF Nifty Midcap 150 is a mutual fund, Nippon India Nifty Midcap 150 Index Fund is a mutual fund, run by Nippon India Mutual Fund. Their portfolios overlap 99.9%. Nippon India ETF Nifty Midcap 150 charges 0.28% a year and Nippon India Nifty Midcap 150 Index Fund 0.42%.
Which has given higher returns, Nippon India ETF Nifty Midcap 150 or Nippon India Nifty Midcap 150 Index Fund?
Over 1 year: Nippon India ETF Nifty Midcap 150 −4.46%, Nippon India Nifty Midcap 150 Index Fund −4.54%. Over 3 years: Nippon India ETF Nifty Midcap 150 +13.60% a year, Nippon India Nifty Midcap 150 Index Fund +13.42% a year. Over 5 years: Nippon India ETF Nifty Midcap 150 +13.60% a year, Nippon India Nifty Midcap 150 Index Fund +13.39% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India ETF Nifty Midcap 150 or Nippon India Nifty Midcap 150 Index Fund?
Nippon India ETF Nifty Midcap 150 charges less: 0.28% a year against 0.42%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India ETF Nifty Midcap 150 and Nippon India Nifty Midcap 150 Index Fund overlap?
99.9%. 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, Nippon India ETF Nifty Midcap 150 or Nippon India Nifty Midcap 150 Index Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,28,575 in Nippon India ETF Nifty Midcap 150 (XIRR 12.0% a year) and ₹8,24,679 in Nippon India Nifty Midcap 150 Index Fund (XIRR 11.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India ETF Nifty Midcap 150 and Nippon India Nifty Midcap 150 Index Fund?
Yes. 99.9% 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.