SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund and Tata NIFTY Midcap 150 Momentum 50 Index Fund is an Index fund. SBI Nifty Midcap 150 Momentum 50 ETF charges 0.47% a year and Tata NIFTY Midcap 150 Momentum 50 Index Fund 0.77%. Their portfolios overlap 99.9%: they hold 50 of the same securities.
SBI Nifty Midcap 150 Momentum 50 ETF
ETF
- Expense ratio
- 0.47%
- NAV
- ₹59.47
Tata NIFTY Midcap 150 Momentum 50 Index Fund
Index
- Expense ratio
- 0.77%
- NAV
- ₹17.48
Which is better, SBI Nifty Midcap 150 Momentum 50 ETF or Tata NIFTY Midcap 150 Momentum 50 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 Momentum 50 ETF costs less: 0.47% a year against 0.77%.
- SBI Nifty Midcap 150 Momentum 50 ETF fell less in its worst fall since 05-03-2026: −13.0% against −13.0%.
- Tata NIFTY Midcap 150 Momentum 50 Index is the larger fund: ₹1,206 Cr against ₹129 Cr.
- Their portfolios overlap 99.9%: 50 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 | SBI Nifty Midcap 150 Momentum 50 ETF | Tata NIFTY Midcap 150 Momentum 50 Index Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | ETF | Index |
| AUM | ₹129 Cr (30-09-2026) | ₹1,206 Cr (30-09-2026) |
| NAV | ₹59.47 (Regular) | ₹17.48 (Direct) |
| Expense ratio (Direct) | Not available | 0.77% |
| Expense ratio (Regular) | 0.47% | 1.30% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Midcap 150 Momentum 50 TRI | NIFTY Midcap 150 Momentum 50 TRI |
| Launch date | 02-03-2026 | 20-10-2022 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | None | None |
| Fund managers | Viral Chhadva | Nitin Sharma, Rakesh Prajapati |
| Exit load | Not available | Exit load of 0.50%, if redeemed within 30 days. |
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 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 |
|---|---|---|---|---|---|---|---|
| SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | −2.14% | −4.23% | −2.63% | -- | -- | -- | -- |
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | −2.15% | −4.28% | −2.82% | −4.81% | +12.75% | -- | -- |
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Year-wise Returns
| Year | SBI Nifty Midcap 150 Momentum 50 ETFSBI Nifty Midcap 150 Momentum 50 ETF | Tata NIFTY Midcap 150 Momentum 50 IndexTata NIFTY Midcap 150 Momentum 50 Index | Nifty Midcap150 Momentum 50 TRI |
|---|---|---|---|
| 2026to date | -- | −4.02% | −3.44% |
| 2025 | -- | −4.20% | −3.46% |
| 2024 | -- | +30.89% | +32.30% |
| 2023 | -- | +49.84% | +52.48% |
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap150 Momentum 50 TRI, the benchmark of both
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.31% | +14.36% |
| Standard deviation | 20.16% | 18.10% |
| Sharpe ratio | -0.38 | 0.45 |
| Sortino ratio | -0.52 | 0.61 |
| Maximum drawdown | −13.0% (23-10-2026) | −25.9% (13-03-2025) |
| Beta | 1.00 | 0.99 |
| Alpha | −0.43% | −1.32% |
From daily NAVs, 05-03-2026 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.
SBI Nifty Midcap 150 Momentum 50 ETF (Regular)
Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | −13.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.9% |
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | −13.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.9% |
| Nifty Midcap150 Momentum 50 TRI | −13.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.9% |
From daily values since 05-03-2026, the first day every fund has.
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty Midcap 150 Momentum 50 ETF, September 2026; Tata NIFTY Midcap 150 Momentum 50 Index Fund, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 50
- Only in SBI Nifty Midcap 150 Momentum 50 ETF
- 0
- Only in Tata NIFTY Midcap 150 Momentum 50 Index
- 0
| Security | % of SBI Nifty Midcap 150 Momentum 50 ETF | % of Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Laurus Labs Ltd. | 7.02% | 7.01% |
| Multi Commodity Exchange of India Ltd. | 5.99% | 5.99% |
| The Federal Bank Ltd. | 4.60% | 4.60% |
| Bharat Heavy Electricals Ltd. | 4.46% | 4.45% |
| GE Vernova T&D India Ltd. | 4.29% | 4.28% |
| BSE Ltd. | 4.10% | 4.10% |
| Bharat Forge Ltd. | 3.91% | 3.90% |
| Hitachi Energy India Ltd. | 3.53% | 3.53% |
| National Aluminium Company Ltd. | 3.21% | 3.21% |
| Polycab India Ltd. | 3.03% | 3.03% |
| AU Small Finance Bank Ltd. | 2.68% | 2.68% |
| Vodafone Idea Ltd. | 2.47% | 2.47% |
| Aurobindo Pharma Ltd. | 2.35% | 2.35% |
| Marico Ltd. | 2.22% | 2.22% |
| Lupin Ltd. | 2.21% | 2.20% |
| Glenmark Pharmaceuticals Ltd. | 2.15% | 2.15% |
| IndusInd Bank Ltd. | 2.14% | 2.14% |
| Steel Authority of India Ltd. | 2.06% | 2.06% |
| Indus Towers Ltd. | 1.95% | 1.95% |
| Apar Industries Ltd. | 1.90% | 1.90% |
| One 97 Communications Ltd. | 1.87% | 1.87% |
| KEI Industries Ltd. | 1.74% | 1.74% |
| Fortis Healthcare Ltd. | 1.70% | 1.69% |
| FSN E-Commerce Ventures Ltd. | 1.66% | 1.65% |
| Aditya Birla Capital Ltd. | 1.65% | 1.65% |
| Ashok Leyland Ltd. | 1.63% | 1.63% |
| Radico Khaitan Ltd. | 1.61% | 1.61% |
| Lloyds Metals And Energy Ltd. | 1.53% | 1.53% |
| JSW Energy Ltd. | 1.51% | 1.51% |
| NMDC Ltd. | 1.34% | 1.33% |
| APL Apollo Tubes Ltd. | 1.24% | 1.24% |
| Oracle Financial Services Software Ltd. | 1.22% | 1.22% |
| Biocon Ltd. | 1.20% | 1.20% |
| Thermax Ltd. | 1.15% | 1.15% |
| Max Financial Services Ltd. | 1.11% | 1.11% |
| L&T Finance Ltd. | 1.08% | 1.08% |
| Nippon Life India Asset Management Ltd. | 1.08% | 1.08% |
| Indian Bank | 1.08% | 1.07% |
| Bank of Maharashtra | 1.05% | 1.05% |
| Oil India Ltd. | 1.00% | 1.00% |
| GMR Airports Ltd. | 0.99% | 0.99% |
| AIA Engineering Ltd. | 0.76% | 0.76% |
| Tata Communications Ltd. | 0.73% | 0.73% |
| Ajanta Pharma Ltd. | 0.70% | 0.69% |
| Adani Total Gas Ltd. | 0.68% | 0.68% |
| NLC India Ltd. | 0.63% | 0.63% |
| Jindal Stainless Ltd. | 0.53% | 0.52% |
| Linde India Ltd. | 0.52% | 0.52% |
| Bank of India | 0.45% | 0.45% |
| 3M India Ltd. | 0.25% | 0.25% |
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 SBI Nifty Midcap 150 Momentum 50 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Tata NIFTY Midcap 150 Momentum 50 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 | SBI Nifty Midcap 150 Momentum 50 ETF | Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Equity | 100.0% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.1% |
Market cap of stocks
| Market cap | SBI Nifty Midcap 150 Momentum 50 ETF | Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Large Cap | 20.6% | 20.6% |
| Mid Cap | 79.3% | 79.3% |
| Small Cap | 0.0% | 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 | SBI Nifty Midcap 150 Momentum 50 ETF | Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.6% | 15.6% |
| Electrical Equipment | 15.3% | 15.3% |
| Banks | 12.0% | 12.0% |
| Capital Markets | 11.2% | 11.2% |
| Industrial Products | 6.8% | 6.8% |
| Telecom - Services | 5.2% | 5.2% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty Midcap 150 Momentum 50 ETF | Tata NIFTY Midcap 150 Momentum 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.77% |
| Base expense ratio (Direct) | 0.00% | 0.38% |
| Total expense ratio (Regular) | 0.47% | 1.30% |
| Base expense ratio (Regular) | 0.35% | 0.89% |
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.
SBI Nifty Midcap 150 Momentum 50 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index Fund: Frequently Asked Questions
What is the difference between SBI Nifty Midcap 150 Momentum 50 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund?
SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund, Tata NIFTY Midcap 150 Momentum 50 Index Fund is an Index fund, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 99.9%. SBI Nifty Midcap 150 Momentum 50 ETF charges 0.47% a year and Tata NIFTY Midcap 150 Momentum 50 Index Fund 0.77%.
Which has the lower expense ratio, SBI Nifty Midcap 150 Momentum 50 ETF or Tata NIFTY Midcap 150 Momentum 50 Index Fund?
SBI Nifty Midcap 150 Momentum 50 ETF charges less: 0.47% a year against 0.77%. These are the total expense ratios reported to AMFI.
How much do SBI Nifty Midcap 150 Momentum 50 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund overlap?
99.9%. They hold 50 of the same securities, the largest shared ones being LAURUSLABS, MCX, FEDERALBNK. From each fund's latest monthly portfolio.
Which is riskier, SBI Nifty Midcap 150 Momentum 50 ETF or Tata NIFTY Midcap 150 Momentum 50 Index Fund?
On SEBI's riskometer, SBI Nifty Midcap 150 Momentum 50 ETF is rated Very High and Tata NIFTY Midcap 150 Momentum 50 Index Fund Very High. Over their common history, the standard deviation of daily returns was 20.16% and 18.10% a year.
Can I invest in both SBI Nifty Midcap 150 Momentum 50 ETF and Tata NIFTY Midcap 150 Momentum 50 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.
Who manages SBI Nifty Midcap 150 Momentum 50 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund?
SBI Nifty Midcap 150 Momentum 50 ETF: Viral Chhadva. Tata NIFTY Midcap 150 Momentum 50 Index Fund: Nitin Sharma, Rakesh Prajapati.
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.