SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund. SBI Nifty Midcap 150 Momentum 50 ETF charges 0.47% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78%. Their portfolios overlap 54.1%: they hold 29 of the same securities.
SBI Nifty Midcap 150 Momentum 50 ETF
ETF
- Expense ratio
- 0.47%
- NAV
- ₹59.47
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Index
- Expense ratio
- 0.78%
- NAV
- ₹11.20
Which is better, SBI Nifty Midcap 150 Momentum 50 ETF or UTI Nifty Midsmallcap 400 Momentum Quality 100 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 0.78%.
- UTI Nifty Midsmallcap 400 Momentum Quality 100 Index fell less in its worst fall since 05-03-2026: −10.9% against −13.0%.
- UTI Nifty Midsmallcap 400 Momentum Quality 100 Index is the larger fund: ₹130 Cr against ₹129 Cr.
- Their portfolios overlap 54.1%: 29 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 | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | UTI Mutual Fund |
| Category | ETF | Index |
| AUM | ₹129 Cr (30-09-2026) | ₹130 Cr (30-09-2026) |
| NAV | ₹59.47 (Regular) | ₹11.20 (Direct) |
| Expense ratio (Direct) | Not available | 0.78% |
| Expense ratio (Regular) | 0.47% | 1.27% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Midcap 150 Momentum 50 TRI | Nifty MidSmallcap400 Momentum Quality 100 TRI |
| Launch date | 02-03-2026 | 13-02-2025 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | None | None |
| Fund managers | Viral Chhadva | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | Not available | Nil |
SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 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% | -- | -- | -- | -- |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) | −1.53% | −3.37% | −0.88% | +0.01% | -- | -- | -- |
SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Year-wise Returns
| Year | SBI Nifty Midcap 150 Momentum 50 ETFSBI Nifty Midcap 150 Momentum 50 ETF | UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| 2026to date | -- | +2.89% |
SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap150 Momentum 50 TRI, the benchmark of SBI Nifty Midcap 150 Momentum 50 ETF
SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 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) | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.31% | +8.71% |
| Standard deviation | 20.16% | 17.80% |
| Sharpe ratio | -0.38 | 0.18 |
| Sortino ratio | -0.52 | 0.26 |
| Maximum drawdown | −13.0% (23-10-2026) | −17.4% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.43% | −0.54% |
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)
UTI Nifty Midsmallcap 400 Momentum Quality 100 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% |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) | −10.9% | 31-08-2026 | 23-10-2026 | Not yet | -- | −7.1% |
| 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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Nifty Midcap 150 Momentum 50 ETF, September 2026; UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund, September 2026
Holdings in common
- Overlap
- 54.1%
- Held by both
- 29
- Only in SBI Nifty Midcap 150 Momentum 50 ETF
- 21
- Only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
- 71
| Security | % of SBI Nifty Midcap 150 Momentum 50 ETF | % of UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Laurus Labs Ltd. | 7.02% | 4.78% |
| The Federal Bank Ltd. | 4.60% | 4.11% |
| BSE Ltd. | 4.10% | 4.16% |
| Multi Commodity Exchange of India Ltd. | 5.99% | 3.79% |
| Bharat Forge Ltd. | 3.91% | 2.80% |
| GE Vernova T&D India Ltd. | 4.29% | 2.56% |
| Polycab India Ltd. | 3.03% | 2.47% |
| Hitachi Energy India Ltd. | 3.53% | 2.45% |
| Aurobindo Pharma Ltd. | 2.35% | 2.35% |
| Lupin Ltd. | 2.21% | 2.21% |
| Marico Ltd. | 2.22% | 2.20% |
| AU Small Finance Bank Ltd. | 2.68% | 2.03% |
| Apar Industries Ltd. | 1.90% | 1.89% |
| Radico Khaitan Ltd. | 1.61% | 1.56% |
| National Aluminium Company Ltd. | 3.21% | 1.37% |
| KEI Industries Ltd. | 1.74% | 1.32% |
| Oracle Financial Services Software Ltd. | 1.22% | 1.36% |
| APL Apollo Tubes Ltd. | 1.24% | 1.19% |
| Indus Towers Ltd. | 1.95% | 1.16% |
| Glenmark Pharmaceuticals Ltd. | 2.15% | 1.10% |
| Nippon Life India Asset Management Ltd. | 1.08% | 1.06% |
| NMDC Ltd. | 1.34% | 1.05% |
| Indian Bank | 1.08% | 1.01% |
| Bank of Maharashtra | 1.05% | 0.97% |
| Thermax Ltd. | 1.15% | 0.78% |
| L&T Finance Ltd. | 1.08% | 0.75% |
| Ajanta Pharma Ltd. | 0.70% | 0.81% |
| Adani Total Gas Ltd. | 0.68% | 0.60% |
| Linde India Ltd. | 0.52% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.1% means 54.1% 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 SBI Nifty Midcap 150 Momentum 50 ETF
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Ltd. | 4.46% |
| Vodafone Idea Ltd. | 2.47% |
| IndusInd Bank Ltd. | 2.14% |
| Steel Authority of India Ltd. | 2.06% |
| One 97 Communications Ltd. | 1.87% |
Largest holdings only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
| Security | % of fund |
|---|---|
| EQ - WELSPUN CORP LTD. | 2.35% |
| EQ - HERO MOTOCORP LTD. | 2.28% |
| EQ - DIXON TECHNOLOGIES (INDIA) LTD | 2.15% |
| EQ - SUZLON ENERGY LTD. | 1.91% |
| EQ - SONA BLW PRECISION FORGING LTD | 1.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Nifty Midcap 150 Momentum 50 ETF | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Equity | 100.0% | 100.1% |
| 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 | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Large Cap | 20.6% | 11.3% |
| Mid Cap | 79.3% | 63.0% |
| Small Cap | 0.0% | 25.9% |
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 | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.6% | 16.0% |
| Electrical Equipment | 15.3% | 10.5% |
| Capital Markets | 11.2% | 15.0% |
| Banks | 12.0% | 10.4% |
| Industrial Products | 6.8% | 9.8% |
| Auto Components | 3.9% | 6.1% |
| Telecom - Services | 5.2% | 1.2% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Nifty Midcap 150 Momentum 50 ETF | UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.78% |
| Base expense ratio (Direct) | 0.00% | 0.46% |
| Total expense ratio (Regular) | 0.47% | 1.27% |
| Base expense ratio (Regular) | 0.35% | 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.
SBI Nifty Midcap 150 Momentum 50 ETF vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Frequently Asked Questions
What is the difference between SBI Nifty Midcap 150 Momentum 50 ETF and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund, run by SBI Mutual Fund and UTI Mutual Fund. Their portfolios overlap 54.1%. SBI Nifty Midcap 150 Momentum 50 ETF charges 0.47% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78%.
Which has the lower expense ratio, SBI Nifty Midcap 150 Momentum 50 ETF or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
SBI Nifty Midcap 150 Momentum 50 ETF charges less: 0.47% a year against 0.78%. These are the total expense ratios reported to AMFI.
How much do SBI Nifty Midcap 150 Momentum 50 ETF and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund overlap?
54.1%. They hold 29 of the same securities, the largest shared ones being LAURUSLABS, FEDERALBNK, BSE. From each fund's latest monthly portfolio.
Which is riskier, SBI Nifty Midcap 150 Momentum 50 ETF or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
On SEBI's riskometer, SBI Nifty Midcap 150 Momentum 50 ETF is rated Very High and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Very High. Over their common history, the standard deviation of daily returns was 20.16% and 17.80% a year.
Can I invest in both SBI Nifty Midcap 150 Momentum 50 ETF and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
Yes. 54.1% 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 UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?
SBI Nifty Midcap 150 Momentum 50 ETF: Viral Chhadva. UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.
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.