Tata NIFTY Midcap 150 Index Fund vs UTI - Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Tata NIFTY Midcap 150 Index Fund is a mutual fund and UTI - Mid Cap Fund is a Mid Cap fund. In the year to 30-10-2026, Tata NIFTY Midcap 150 Index Fund (Direct) returned −4.7% and UTI - Mid Cap Fund (Direct) returned −4.5%. Tata NIFTY Midcap 150 Index Fund charges 0.29% a year and UTI - Mid Cap Fund 1.27% (Direct plans). Their portfolios overlap 41.4%: they hold 51 of the same securities.
Tata NIFTY Midcap 150 Index Fund
- 1 year return
- −4.7%
- Expense ratio
- 0.29%
- NAV
- ₹10.02
Which is better, Tata NIFTY Midcap 150 Index or UTI - Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI - Mid Cap returned more over 1 year: −4.5% against −4.7%.
- Tata NIFTY Midcap 150 Index costs less: 0.29% a year against 1.27% (Direct plans).
- UTI - Mid Cap fell less in its worst fall since 25-06-2025: −13.8% against −14.1%.
- UTI - Mid Cap is the larger fund: ₹11,920 Cr against ₹318 Cr.
- Their portfolios overlap 41.4%: 51 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 | Tata NIFTY Midcap 150 Index Fund | UTI - Mid Cap Fund |
|---|---|---|
| Fund house | Tata Mutual Fund | UTI Mutual Fund |
| Category | Not available | Mid Cap |
| AUM | ₹318 Cr (30-09-2026) | ₹11,920 Cr (30-09-2026) |
| NAV | ₹10.02 (Direct) | ₹328.43 (Direct) |
| Expense ratio (Direct) | 0.29% | 1.27% |
| Expense ratio (Regular) | 1.10% | 1.97% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Midcap 150 TRI |
| Launch date | Not available | 27-04-2004 |
| Minimum investment | Not available | Regular Plan-Growth- Rs.5000, Regular Plan-IDCW (Sweep)- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-IDCW (Sweep)- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, |
| Lock in | Not available | None |
| Fund managers | Not available | Vishal Chopda FM 1 |
| Exit load | Not available | Exit load of 1% if redeemed less than 1 year |
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: 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 |
|---|---|---|---|---|---|---|---|
| Tata NIFTY Midcap 150 Index Fund (Direct) | −3.69% | −8.55% | −4.10% | −4.74% | -- | -- | -- |
| UTI - Mid Cap Fund (Direct) | −2.88% | −6.00% | −1.06% | −4.54% | +10.64% | +10.33% | +13.05% |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | +12.95% | +14.07% |
Category average: the average of the 34 Mid Cap funds, same plan type.
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: Year-wise Returns
| Year | Tata NIFTY Midcap 150 IndexTata NIFTY Midcap 150 Index | UTI - Mid CapUTI - Mid Cap | Nifty Midcap 150 TRI |
|---|---|---|---|
| 2026to date | −5.27% | −3.27% | −4.97% |
| 2025 | -- | +0.72% | +5.98% |
| 2024 | -- | +24.41% | +24.46% |
| 2023 | -- | +31.73% | +44.61% |
| 2022 | -- | +0.26% | +3.91% |
| 2021 | -- | +44.44% | +48.16% |
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 86 of them, one for each trading day from 25-06-2026 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.
Tata NIFTY Midcap 150 Index Fund (Direct)
UTI - Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
to
Jul 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tata NIFTY Midcap 150 Index | 12.8 | 33.7 | 34.9 | 18.6 | 0.0 | 0.0 | 0.0 | 5.6% | 5.4% | −5.9% | 13.7% | 0% |
| UTI - Mid Cap | 16.3 | 50.0 | 32.6 | 1.2 | 0.0 | 0.0 | 0.0 | 3.4% | 2.8% | −5.8% | 10.4% | 1% |
| Nifty Midcap 150 TRI | 10.5 | 25.6 | 41.9 | 22.1 | 0.0 | 0.0 | 0.0 | 6.0% | 5.8% | −5.5% | 14.1% | -- |
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 25-06-2025. Past returns do not promise future returns.
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: 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 25-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Tata NIFTY Midcap 150 IndexTata NIFTY Midcap 150 Index Fund (Direct) | ₹1,70,000 | ₹1,64,056 | −₹5,944 | −4.7% |
| UTI - Mid CapUTI - Mid Cap Fund (Direct) | ₹1,70,000 | ₹1,66,290 | −₹3,710 | −2.9% |
Tata NIFTY Midcap 150 IndexTata NIFTY Midcap 150 Index Fund (Direct)
UTI - Mid CapUTI - Mid Cap 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.
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Tata NIFTY Midcap 150 Index Fund (Direct) | UTI - Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.74% | −4.54% |
| Standard deviation | 16.58% | 15.55% |
| Sharpe ratio | -0.60 | -0.63 |
| Sortino ratio | -0.81 | -0.84 |
| Maximum drawdown | −14.1% (31-03-2026) | −13.8% (23-03-2026) |
| Beta | 1.00 | 0.92 |
| Alpha | −0.36% | −0.92% |
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 | Tata NIFTY Midcap 150 Index Fund (Direct) | UTI - Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.83% | +17.24% |
| Standard deviation | 15.30% | 16.16% |
| Sharpe ratio | -0.47 | 0.69 |
| Sortino ratio | -0.62 | 0.92 |
| Maximum drawdown | −14.1% (31-03-2026) | −40.8% (23-03-2020) |
| Beta | 1.00 | -- |
| Alpha | −0.44% | -- |
From daily NAVs, 25-06-2025 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.
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.
Tata NIFTY Midcap 150 Index Fund (Direct)
UTI - Mid Cap 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 |
|---|---|---|---|---|---|---|
| Tata NIFTY Midcap 150 Index Fund (Direct) | −14.1% | 07-01-2026 | 31-03-2026 | 07-05-2026 | 37 days | −10.6% |
| UTI - Mid Cap Fund (Direct) | −13.8% | 03-11-2025 | 23-03-2026 | 19-06-2026 | 3 months | −9.6% |
| Nifty Midcap 150 TRI | −13.9% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.5% |
From daily values since 25-06-2025, 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.
Tata NIFTY Midcap 150 Index Fund (Direct)
UTI - Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Tata NIFTY Midcap 150 Index Fund (Direct) | 99% | 101% | 0.15% |
| UTI - Mid Cap Fund (Direct) | 88% | 93% | 3.83% |
From month-end values since 25-06-2025. 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.
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Tata NIFTY Midcap 150 Index Fund, September 2026; UTI - Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 41.4%
- Held by both
- 51
- Only in Tata NIFTY Midcap 150 Index
- 98
- Only in UTI - Mid Cap
- 30
| Security | % of Tata NIFTY Midcap 150 Index | % of UTI - Mid Cap |
|---|---|---|
| FEDERAL BANK LTD | 1.94% | 1.98% |
| HERO MOTOCORP LTD | 1.68% | 1.76% |
| BHARAT HEAVY ELECTRICALS LTD | 1.50% | 1.78% |
| COFORGE LTD | 1.50% | 3.01% |
| AU SMALL FINANCE BANK LTD | 1.45% | 2.75% |
| PERSISTENT SYSTEMS LTD | 1.42% | 1.44% |
| MULTI COMMODITY EXCHANGE OF IND LTD | 2.08% | 1.34% |
| IDFC FIRST BANK LTD | 1.34% | 1.49% |
| LENSKART SOLUTIONS LTD | 1.24% | 1.44% |
| LUPIN LTD | 1.22% | 1.23% |
| ONE 97 COMMUNICATIONS LTD | 1.78% | 1.20% |
| SUZLON ENERGY LTD | 1.19% | 1.69% |
| INFO EDGE (INDIA) LTD | 1.17% | 1.92% |
| AUROBINDO PHARMA LTD | 1.14% | 2.24% |
| ASHOK LEYLAND LTD | 1.09% | 1.13% |
| APL APOLLO TUBES LTD | 0.98% | 2.11% |
| SWIGGY LTD | 0.93% | 1.26% |
| PB FINTECH LTD | 0.93% | 1.61% |
| MAX FINANCIAL SERVICES LTD | 0.90% | 1.90% |
| THE PHOENIX MILLS LTD | 0.89% | 1.95% |
| SRF LTD | 0.89% | 1.25% |
| ADITYA BIRLA CAPITAL LTD | 0.80% | 1.31% |
| EMBASSY OFFICE PARKS REIT | 0.94% | 0.79% |
| VISHAL MEGA MART LTD | 0.70% | 1.12% |
| MPHASIS LTD | 0.70% | 0.89% |
| INDIAN BANK | 0.70% | 1.35% |
| 360 ONE WAM LTD | 0.67% | 1.43% |
| IPCA LABORATORIES LTD | 0.66% | 1.16% |
| BILLIONBRAINS GARAGE VENTURES LTD (GROWW) | 0.65% | 0.65% |
| STEEL AUTHORITY INDIA LTD | 0.65% | 1.22% |
| OIL INDIA LTD | 0.60% | 1.13% |
| TORRENT POWER LTD | 0.59% | 1.46% |
| JINDAL STAINLESS LTD | 0.58% | 1.13% |
| PETRONET LNG LTD | 0.53% | 1.00% |
| MEESHO LTD | 0.52% | 0.76% |
| COROMANDEL INTERNATIONAL LTD | 0.52% | 0.95% |
| J K CEMENT LTD | 0.52% | 1.66% |
| TUBE INVESTMENTS OF INDIA LTD | 0.63% | 0.50% |
| BLUE STAR LTD | 0.49% | 2.55% |
| TATA COMMUNICATIONS LTD | 0.48% | 1.00% |
| ITC HOTELS LTD | 0.45% | 0.99% |
| LG ELECTRONICS INDIA LTD | 0.43% | 1.02% |
| BALKRISHNA INDUSTRIES LTD | 0.42% | 0.89% |
| ASTRAL LTD (ERSTWHILE ASTRAL POLY TECHNIK LTD) | 0.41% | 0.95% |
| AJANTA PHARMA LTD | 0.41% | 2.15% |
| SCHAEFFLER (I) LTD | 0.39% | 1.50% |
| BERGER PAINTS INDIA LTD | 0.32% | 0.96% |
| GLOBAL HEALTH LTD | 0.30% | 1.15% |
| BHARTI HEXACOM LTD | 0.26% | 1.45% |
| ANTHEM BIOSCIENCES LTD | 0.23% | 1.15% |
| ENDURANCE TECHNOLOGIES LTD | 0.23% | 1.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.4% means 41.4% 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 Tata NIFTY Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| LAURUS LABS LTD | 1.91% |
| INDIAN HOTELS CO. LTD | 1.58% |
| INDUSIND BANK LTD | 1.47% |
| DIXON TECHNOLOGIES (INDIA) LTD | 1.35% |
| BHARAT FORGE LTD | 1.32% |
Largest holdings only in UTI - Mid Cap Fund
| Security | % of fund |
|---|---|
| EQ - SHRIRAM FINANCE LTD | 1.92% |
| EQ - VOLTAMP TRANSFORMERS LTD. | 1.45% |
| EQ - GRINDWELL NORTON LTD. | 1.25% |
| EQ - GLAND PHARMA LTD. | 1.19% |
| EQ - BRIGADE ENTERPRISES LTD. | 1.13% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Tata NIFTY Midcap 150 Index | UTI - Mid Cap |
|---|---|---|
| Equity | 98.7% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 3.3% |
Market cap of stocks
| Market cap | Tata NIFTY Midcap 150 Index | UTI - Mid Cap |
|---|---|---|
| Large Cap | 5.7% | 11.3% |
| Mid Cap | 90.4% | 66.8% |
| Small Cap | 2.5% | 18.0% |
| Not on AMFI's list | 0.0% | 0.6% |
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 | Tata NIFTY Midcap 150 Index | UTI - Mid Cap |
|---|---|---|
| Pharmaceuticals & Biotechnology | 9.2% | 9.6% |
| Banks | 8.7% | 8.5% |
| Industrial Products | 3.0% | 7.0% |
| Retailing | 5.6% | 6.5% |
| Finance | 6.2% | 6.2% |
| Consumer Durables | 4.3% | 6.2% |
| Electrical Equipment | 6.0% | 5.6% |
| Capital Markets | 4.7% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Tata NIFTY Midcap 150 Index vs UTI - Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Tata NIFTY Midcap 150 Index Fund | UTI - Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.29% | 1.27% |
| Base expense ratio (Direct) | 0.11% | 0.85% |
| Total expense ratio (Regular) | 1.10% | 1.97% |
| Base expense ratio (Regular) | 0.90% | 1.48% |
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.
More comparisons
Each fund against the others of its category
Tata NIFTY Midcap 150 Index Fund vs UTI - Mid Cap Fund: Frequently Asked Questions
What is the difference between Tata NIFTY Midcap 150 Index Fund and UTI - Mid Cap Fund?
Tata NIFTY Midcap 150 Index Fund is a mutual fund, UTI - Mid Cap Fund is a Mid Cap fund, run by Tata Mutual Fund and UTI Mutual Fund. Their portfolios overlap 41.4%. Tata NIFTY Midcap 150 Index Fund charges 0.29% a year and UTI - Mid Cap Fund 1.27%.
Which has given higher returns, Tata NIFTY Midcap 150 Index Fund or UTI - Mid Cap Fund?
Over 1 year: Tata NIFTY Midcap 150 Index Fund −4.74%, UTI - Mid Cap Fund −4.54%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Tata NIFTY Midcap 150 Index Fund or UTI - Mid Cap Fund?
Tata NIFTY Midcap 150 Index Fund charges less: 0.29% a year against 1.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Tata NIFTY Midcap 150 Index Fund and UTI - Mid Cap Fund overlap?
41.4%. They hold 51 of the same securities, the largest shared ones being FEDERALBNK, HEROMOTOCO, BHEL. From each fund's latest monthly portfolio.
Can I invest in both Tata NIFTY Midcap 150 Index Fund and UTI - Mid Cap Fund?
Yes. 41.4% 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.