Nippon India Nifty Midcap 150 Index Fund is a mutual fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹2,675 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 13.4% a year and its Regular plan returned 12.9% a year. Its benchmark, Nifty Midcap 150 TRI, returned 13.8% a year over the same 3 years.
NAV (Direct plan)
₹24.42
▼ 0.90% · 30-10-2026
NAV (Regular plan)
₹23.69
▼ 0.90% · 30-10-2026
Expense ratio
0.42%Direct0.93%Regular
0.42%
A year
Riskometer
Not available
Set by the fund house
3 year return
13.4%Direct12.9%Regular
13.4%
A year
Nippon India Nifty Midcap 150 Index Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹24.42 (down 0.90% that day); Regular Plan Growth ₹23.69 (down 0.90% that day).
This fund (Direct plan)
₹24.4198
Nippon India Nifty Midcap 150 Index Fund Returns vs Nifty Midcap 150 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−3.63%
−8.46%
−4.01%
−4.54%
+13.42%
+13.39%
--
This fund (Regular)
−3.67%
−8.58%
−4.25%
−5.01%
+12.86%
+12.79%
--
Nifty Midcap 150 TRI
−3.69%
−8.46%
−3.95%
−4.37%
+13.82%
+13.84%
+15.65%
Category average
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Best in category
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Worst in category
--
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Rank in category
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
Nippon India Nifty Midcap 150 Index Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Midcap 150 TRI
2026to date
−5.12%
−5.51%
−4.97%
2025
+5.61%
+5.08%
+5.98%
2024
+23.83%
+23.22%
+24.46%
2023
+44.05%
+43.27%
+44.61%
2022
+3.36%
+2.75%
+3.91%
Nippon India Nifty Midcap 150 Index Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 660 periods, one for each trading day from 23-02-2024 to 30-10-2026.
0%10%20%30%40%
Nippon India Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
May 2021 to May 2024Oct 2021 to Oct 2024Apr 2022 to Apr 2025Sept 2022 to Sept 2025Mar 2023 to Mar 2026Aug 2023 to Aug 2026
Nippon India Nifty Midcap 150 Index Fund (Direct)Nifty Midcap 150 TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
0%
5-10%
5%
4%
10-15%
15%
12%
15-20%
51%
52%
20-25%
30%
32%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,152
10.9%
−6.2%
62.1%
9%
11.4%
1%
2 years
904
20.0%
−1.4%
47.6%
1%
20.6%
0%
3 years
660
22.9%
12.3%
30.8%
0%
23.4%
0%
5 years
168
17.8%
12.5%
20.5%
0%
18.3%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
57
13.1%
−21.8%
64.0%
14%
13.9%
0%
2 years
45
13.3%
−3.8%
49.1%
2%
13.8%
0%
3 years
33
20.4%
5.3%
37.6%
0%
21.0%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Midcap 150 TRI over the same days. Past returns do not promise future returns.
Nippon India Nifty Midcap 150 Index Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Nippon India Nifty Midcap 150 Index Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
−4.54%
−4.37%
Standard deviation
16.50%
16.59%
Sharpe ratio
-0.59
-0.58
Sortino ratio
-0.79
-0.78
Maximum drawdown
−13.9%
(30-03-2026)
−13.9%
(30-03-2026)
Beta
1.00
1.00
Alpha
−0.20%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Nifty Midcap 150 Index Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+13.42%
+13.82%
Standard deviation
17.01%
17.08%
Sharpe ratio
0.43
0.46
Sortino ratio
0.58
0.61
Maximum drawdown
−21.1%
(28-02-2025)
−20.9%
(28-02-2025)
Beta
1.00
1.00
Alpha
−0.38%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Nifty Midcap 150 Index Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+13.39%
+13.84%
Standard deviation
16.65%
16.72%
Sharpe ratio
0.46
0.48
Sortino ratio
0.60
0.64
Maximum drawdown
−21.1%
(28-02-2025)
−20.9%
(28-02-2025)
Beta
1.00
1.00
Alpha
−0.43%
0.00%
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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Nifty Midcap 150 Index Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+17.07%
+17.62%
Standard deviation
16.54%
16.62%
Sharpe ratio
0.70
0.73
Sortino ratio
0.93
0.97
Maximum drawdown
−21.4%
(20-06-2022)
−21.1%
(20-06-2022)
Beta
1.00
1.00
Alpha
−0.51%
0.00%
From daily NAVs, 23-02-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−25%−20%−15%−10%−5%0%
Nippon India Nifty Midcap 150 Index Fund (Direct)
Nifty Midcap 150 TRI
20222023202420252026
Nippon India Nifty Midcap 150 Index Fund (Direct)Nifty Midcap 150 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
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 the Direct plan's daily NAV since 23-02-2021, adjusted for unit splits, and Nifty Midcap 150 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Nippon India Nifty Midcap 150 Index Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.25%
0.02%
0.00%
0.15%
0.42%
Regular
0.69%
0.02%
0.00%
0.22%
0.93%
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−5.01%
−4.54%
0.47%
₹94,990
₹95,460
3 years
12.86%
13.42%
0.56% a year
₹1,43,754
₹1,45,905
5 years
12.79%
13.39%
0.60% a year
₹1,82,538
₹1,87,445
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Nippon India Nifty Midcap 150 Index Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 23-02-2021 to 30-10-2026: 69 instalments, ₹6,90,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planNippon India Nifty Midcap 150 Index Fund (Direct)
₹6,90,000
₹10,02,700
₹3,12,700
12.9%
Regular planNippon India Nifty Midcap 150 Index Fund (Regular)
₹6,90,000
₹9,85,166
₹2,95,166
12.3%
Nifty Midcap 150 TRI
₹6,90,000
₹10,15,609
₹3,25,609
13.4%
₹0₹5.0 L₹10.0 L₹15.0 L
Direct planNippon India Nifty Midcap 150 Index Fund (Direct)
Regular planNippon India Nifty Midcap 150 Index Fund (Regular)
Nifty Midcap 150 TRI
Amount invested
20222023202420252026
Direct planNippon India Nifty Midcap 150 Index Fund (Direct)Regular planNippon India Nifty Midcap 150 Index Fund (Regular)Nifty Midcap 150 TRIAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI, 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 Nifty Midcap 150 Index Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
99.0%Equity
Asset
Fund
Equity
99.0%
Cash and others
1.0%
Market cap of stocks
Market cap
Fund
Large Cap
5.7%
Mid Cap
90.8%
Small Cap
2.5%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Nippon India Nifty Midcap 150 Index Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Pharmaceuticals & Biotechnology9.2%
Banks8.7%
Finance6.8%
Electrical Equipment6.0%
Retailing5.6%
Auto Components4.6%
IT - Software4.5%
Consumer Durables4.4%
Capital Markets4.2%
Insurance3.9%
The ten largest of 40 sectors. The other 30 add up to 41.1%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Pharmaceuticals & Biotechnology
8.9%
8.9%
9.2%
+0.3%
Banks
9.0%
8.9%
8.7%
−0.3%
Finance
5.5%
5.4%
6.8%
+1.3%
Electrical Equipment
7.0%
7.1%
6.0%
−1.0%
Retailing
4.4%
4.5%
5.6%
+1.2%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Nippon India Nifty Midcap 150 Index Fund Portfolio Holdings
As on 30-09-2026 · 149 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Multi Commodity Exchange of India Limited
Capital Markets
2.08%
−1.0%
The Federal Bank Limited
Banks
1.94%
−0.6%
Laurus Labs Limited
Pharmaceuticals & Biotechnology
1.91%
−0.9%
One 97 Communications Limited
Financial Technology (Fintech)
1.79%
+1.3%
Hero MotoCorp Limited
Automobiles
1.68%
−1.0%
The Indian Hotels Company Limited
Leisure Services
1.58%
New
Coforge Limited
IT - Software
1.51%
−0.9%
Bharat Heavy Electricals Limited
Electrical Equipment
1.50%
−1.0%
IndusInd Bank Limited
Banks
1.47%
−1.0%
AU Small Finance Bank Limited
Banks
1.45%
+1.7%
Persistent Systems Limited
IT - Software
1.42%
−0.9%
Dixon Technologies (India) Limited
Consumer Durables
1.35%
−0.6%
IDFC First Bank Limited
Banks
1.34%
−0.9%
Bharat Forge Limited
Auto Components
1.33%
+3.5%
GE Vernova T&D India Limited
Electrical Equipment
1.29%
−1.0%
Life Insurance Corporation Of India
Insurance
1.24%
−1.0%
Lenskart Solutions Limited
Retailing
1.24%
+116.6%
Lupin Limited
Pharmaceuticals & Biotechnology
1.22%
−1.0%
Suzlon Energy Limited
Electrical Equipment
1.19%
−0.7%
Indus Towers Limited
Telecom - Services
1.19%
−1.1%
Info Edge (India) Limited
Retailing
1.17%
+0.2%
Aurobindo Pharma Limited
Pharmaceuticals & Biotechnology
1.14%
−1.1%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
1.09%
−0.9%
FSN E-Commerce Ventures Limited
Retailing
1.08%
−0.7%
Marico Limited
Agricultural Food & other Products
1.03%
−0.8%
Fortis Healthcare Limited
Healthcare Services
0.99%
−1.0%
APL Apollo Tubes Limited
Industrial Products
0.99%
−1.0%
United Spirits Limited
Beverages
0.99%
New
ICICI Lombard General Insurance Company Limited
Insurance
0.96%
−0.8%
Embassy Office Parks REIT
Realty
0.94%
PB Fintech Limited
Financial Technology (Fintech)
0.94%
+1.6%
Swiggy Limited
Retailing
0.93%
+4.8%
REC Limited
Finance
0.92%
New
Yes Bank Limited
Banks
0.91%
−0.7%
Max Financial Services Limited
Insurance
0.90%
−1.0%
The Phoenix Mills Limited
Realty
0.90%
−0.9%
SRF Limited
Chemicals & Petrochemicals
0.89%
−1.0%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.87%
−1.0%
Radico Khaitan Limited
Beverages
0.85%
−0.9%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.83%
−1.0%
Lodha Developers Limited
Realty
0.83%
New
GMR Airports Limited
Transport Infrastructure
0.82%
−3.5%
Apar Industries Limited
Electrical Equipment
0.80%
+9.0%
Aditya Birla Capital Limited
Finance
0.80%
+2.4%
Alkem Laboratories Limited
Pharmaceuticals & Biotechnology
0.77%
+2.0%
National Aluminium Company Limited
Non - Ferrous Metals
0.76%
−1.0%
JSW Energy Limited
Power
0.75%
−1.0%
UPL Limited
Fertilizers & Agrochemicals
0.75%
−1.0%
Shree Cement Limited
Cement & Cement Products
0.74%
New
Sundaram Finance Limited
Finance
0.74%
−1.0%
Mphasis Limited
IT - Software
0.71%
−0.9%
Indian Bank
Banks
0.71%
−0.8%
Vishal Mega Mart Limited
Retailing
0.70%
−0.2%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.70%
−0.7%
NHPC Limited
Power
0.68%
−0.8%
KEI Industries Limited
Industrial Products
0.68%
−0.8%
360 One WAM Limited
Capital Markets
0.67%
+0.4%
Piramal Finance Limited
Finance
0.66%
New
IPCA Laboratories Limited
Pharmaceuticals & Biotechnology
0.66%
−1.0%
Billionbrains Garage Ventures Ltd
Capital Markets
0.65%
+84.1%
Steel Authority of India Limited
Ferrous Metals
0.65%
−1.0%
NMDC Limited
Minerals & Mining
0.65%
−1.0%
Lloyds Metals And Energy Limited
Minerals & Mining
0.64%
+4.1%
Biocon Limited
Pharmaceuticals & Biotechnology
0.64%
−3.3%
Havells India Limited
Consumer Durables
0.63%
−1.0%
Oracle Financial Services Software Limited
IT - Software
0.63%
−0.6%
MRF Limited
Auto Components
0.63%
−1.0%
Tube Investments of India Limited
Auto Components
0.63%
−1.1%
Prestige Estates Projects Limited
Realty
0.62%
−1.0%
Oil India Limited
Oil
0.61%
−1.0%
Voltas Limited
Consumer Durables
0.60%
−1.0%
Torrent Power Limited
Power
0.59%
−1.0%
Jindal Stainless Limited
Ferrous Metals
0.58%
−0.9%
Colgate Palmolive (India) Limited
Personal Products
0.58%
−0.8%
Page Industries Limited
Textiles & Apparels
0.57%
−1.0%
Dabur India Limited
Personal Products
0.56%
−1.1%
Waaree Energies Limited
Electrical Equipment
0.56%
−0.7%
L&T Finance Limited
Finance
0.56%
−0.9%
Supreme Industries Limited
Industrial Products
0.55%
−1.0%
Godrej Properties Limited
Realty
0.55%
−1.0%
Kalyan Jewellers India Limited
Consumer Durables
0.53%
−1.0%
Petronet LNG Limited
Gas
0.53%
−1.0%
UNO Minda Limited
Auto Components
0.53%
−1.0%
Mahindra & Mahindra Financial Services Limited
Finance
0.53%
−1.0%
JK Cement Limited
Cement & Cement Products
0.53%
−1.0%
JSW Infrastructure Ltd
Transport Infrastructure
0.53%
−1.0%
Meesho Ltd
Retailing
0.52%
New
Coromandel International Limited
Fertilizers & Agrochemicals
0.52%
−1.0%
Oberoi Realty Limited
Realty
0.51%
−1.0%
Blue Star Limited
Consumer Durables
0.49%
−1.0%
Tata Communications Limited
Telecom - Services
0.48%
−0.9%
Gujarat Fluorochemicals Limited
Chemicals & Petrochemicals
0.46%
−0.9%
Exide Industries Limited
Auto Components
0.46%
−1.0%
ITC Hotels Limited
Leisure Services
0.46%
−1.0%
PI Industries Limited
Fertilizers & Agrochemicals
0.46%
−1.1%
Aster DM Quality Care Limited
Healthcare Services
0.46%
New
ICICI Prudential Asset Management Company Limited
Capital Markets
0.45%
+18.4%
Hindustan Copper Limited
Non - Ferrous Metals
0.45%
New
LG Electronics India Ltd
Consumer Durables
0.44%
−1.0%
ICICI Prudential Life Insurance Company Limited
Insurance
0.44%
−0.5%
Jubilant Foodworks Limited
Leisure Services
0.44%
−0.7%
SBI Cards and Payment Services Limited
Finance
0.43%
−0.8%
Balkrishna Industries Limited
Auto Components
0.42%
−1.0%
Astral Limited
Industrial Products
0.41%
−1.0%
Ajanta Pharma Limited
Pharmaceuticals & Biotechnology
0.41%
+7.2%
Adani Total Gas Limited
Gas
0.41%
−1.0%
Bank of Maharashtra
Banks
0.40%
−1.0%
Bank of India
Banks
0.39%
−1.4%
LIC Housing Finance Limited
Finance
0.39%
−1.0%
Motilal Oswal Financial Services Limited
Capital Markets
0.39%
+0.5%
Schaeffler India Limited
Auto Components
0.39%
−1.0%
Container Corporation of India Limited
Transport Services
0.38%
−1.0%
AIA Engineering Limited
Industrial Products
0.37%
−1.0%
Authum Investment And Infrastructure Limited
Finance
0.36%
−1.0%
Abbott India Limited
Pharmaceuticals & Biotechnology
0.35%
−0.9%
Indian Railway Catering And Tourism Corporation Limited
Leisure Services
0.34%
−1.0%
Dalmia Bharat Limited
Cement & Cement Products
0.33%
−0.9%
Thermax Limited
Electrical Equipment
0.33%
−1.0%
Linde India Limited
Chemicals & Petrochemicals
0.33%
−0.9%
General Insurance Corporation of India
Insurance
0.33%
−1.0%
HDB Financial Services Limited
Finance
0.33%
−0.9%
Berger Paints (I) Limited
Consumer Durables
0.32%
−0.9%
Premier Energies Limited
Electrical Equipment
0.31%
+21.9%
Narayana Hrudayalaya Limited
Healthcare Services
0.31%
New
Patanjali Foods Limited
Agricultural Food & other Products
0.31%
−1.0%
Cochin Shipyard Limited
Industrial Manufacturing
0.31%
+13.1%
Global Health Limited
Healthcare Services
0.30%
+2.5%
K.P.R. Mill Limited
Textiles & Apparels
0.30%
−1.0%
GlaxoSmithKline Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.28%
−0.9%
Rail Vikas Nigam Limited
Construction
0.28%
−1.0%
CRISIL Limited
Finance
0.27%
−1.0%
Bharti Hexacom Limited
Telecom - Services
0.27%
−1.0%
Bharat Dynamics Limited
Aerospace & Defense
0.25%
−1.0%
NLC India Limited
Power
0.24%
−1.0%
Anthem Biosciences Limited
Pharmaceuticals & Biotechnology
0.23%
+20.0%
Endurance Technologies Limited
Auto Components
0.23%
−1.0%
L&T Technology Services Limited
IT - Services
0.22%
−0.9%
Escorts Kubota Limited
Agricultural, Commercial & Construction Vehicles
0.22%
−0.9%
Indian Renewable Energy Development Agency Limited
Finance
0.22%
−1.0%
Bajaj Housing Finance Limited
Finance
0.22%
−1.0%
Housing & Urban Development Corporation Limited
Finance
0.21%
−1.0%
NTPC Green Energy Limited
Power
0.21%
−1.0%
United Breweries Limited
Beverages
0.21%
−1.0%
Tata Investment Corporation Limited
Finance
0.20%
−1.0%
Godfrey Phillips India Limited
Cigarettes & Tobacco Products
0.19%
−0.9%
Hexaware Technologies Limited
IT - Software
0.18%
−0.8%
Fertilizers and Chemicals Travancore Limited
Fertilizers & Agrochemicals
0.12%
New
Godrej Industries Limited
Diversified
0.11%
−1.0%
Indian Overseas Bank
Banks
0.11%
New
Nippon India Nifty Midcap 150 Index Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
BSE Limited
↓Sold out
−100%
was 3.15%
Multi Commodity Exchange of India Limited
↓Reduced
−1.0%
2.08%
The Federal Bank Limited
↓Reduced
−0.6%
1.94%
Laurus Labs Limited
↓Reduced
−0.9%
1.91%
One 97 Communications Limited
↑Added
+1.3%
1.79%
Hero MotoCorp Limited
↓Reduced
−1.0%
1.68%
Coforge Limited
↓Reduced
−0.9%
1.51%
The Indian Hotels Company Limited
↑New
New
1.58%
IndusInd Bank Limited
↓Reduced
−1.0%
1.47%
PB Fintech Limited
↑Added
+1.6%
0.94%
Bharat Heavy Electricals Limited
↓Reduced
−1.0%
1.50%
Dixon Technologies (India) Limited
↓Reduced
−0.6%
1.35%
AU Small Finance Bank Limited
↑Added
+1.7%
1.45%
Persistent Systems Limited
↓Reduced
−0.9%
1.42%
Suzlon Energy Limited
↓Reduced
−0.7%
1.19%
IDFC First Bank Limited
↓Reduced
−0.9%
1.34%
Bharat Forge Limited
↑Added
+3.5%
1.33%
GE Vernova T&D India Limited
↓Reduced
−1.0%
1.29%
Life Insurance Corporation Of India
↓Reduced
−1.0%
1.24%
Lupin Limited
↓Reduced
−1.0%
1.22%
Lenskart Solutions Limited
↑Added
+116.6%
1.24%
Indus Towers Limited
↓Reduced
−1.1%
1.19%
Polycab India Limited
↓Sold out
−100%
was 1.19%
Ashok Leyland Limited
↓Reduced
−0.9%
1.09%
Info Edge (India) Limited
↑Added
+0.2%
1.17%
Aurobindo Pharma Limited
↓Reduced
−1.1%
1.14%
FSN E-Commerce Ventures Limited
↓Reduced
−0.7%
1.08%
Fortis Healthcare Limited
↓Reduced
−1.0%
0.99%
Marico Limited
↓Reduced
−0.8%
1.03%
Hitachi Energy India Limited
↓Sold out
−100%
was 1.01%
APL Apollo Tubes Limited
↓Reduced
−1.0%
0.99%
United Spirits Limited
↑New
New
0.99%
Max Financial Services Limited
↓Reduced
−1.0%
0.90%
ICICI Lombard General Insurance Company Limited
↓Reduced
−0.8%
0.96%
Swiggy Limited
↑Added
+4.8%
0.93%
Yes Bank Limited
↓Reduced
−0.7%
0.91%
Vodafone Idea Limited
↓Sold out
−100%
was 0.93%
REC Limited
↑New
New
0.92%
The Phoenix Mills Limited
↓Reduced
−0.9%
0.90%
SRF Limited
↓Reduced
−1.0%
0.89%
Glenmark Pharmaceuticals Limited
↓Reduced
−1.0%
0.87%
Radico Khaitan Limited
↓Reduced
−0.9%
0.85%
Hindustan Petroleum Corporation Limited
↓Reduced
−1.0%
0.83%
Lodha Developers Limited
↑New
New
0.83%
KEI Industries Limited
↓Reduced
−0.8%
0.68%
GMR Airports Limited
↓Reduced
−3.5%
0.82%
National Aluminium Company Limited
↓Reduced
−1.0%
0.76%
Apar Industries Limited
↑Added
+9.0%
0.80%
Aditya Birla Capital Limited
↑Added
+2.4%
0.80%
Alkem Laboratories Limited
↑Added
+2.0%
0.77%
Mphasis Limited
↓Reduced
−0.9%
0.71%
JSW Energy Limited
↓Reduced
−1.0%
0.75%
Indian Bank
↓Reduced
−0.8%
0.71%
UPL Limited
↓Reduced
−1.0%
0.75%
Shree Cement Limited
↑New
New
0.74%
Havells India Limited
↓Reduced
−1.0%
0.63%
Sundaram Finance Limited
↓Reduced
−1.0%
0.74%
Vishal Mega Mart Limited
↓Reduced
−0.2%
0.70%
360 One WAM Limited
↑Added
+0.4%
0.67%
NMDC Limited
↓Reduced
−1.0%
0.65%
Mankind Pharma Limited
↓Reduced
−0.7%
0.70%
Oracle Financial Services Software Limited
↓Reduced
−0.6%
0.63%
Tube Investments of India Limited
↓Reduced
−1.1%
0.63%
Biocon Limited
↓Reduced
−3.3%
0.64%
NHPC Limited
↓Reduced
−0.8%
0.68%
Steel Authority of India Limited
↓Reduced
−1.0%
0.65%
Piramal Finance Limited
↑New
New
0.66%
IPCA Laboratories Limited
↓Reduced
−1.0%
0.66%
Billionbrains Garage Ventures Ltd
↑Added
+84.1%
0.65%
Prestige Estates Projects Limited
↓Reduced
−1.0%
0.62%
Voltas Limited
↓Reduced
−1.0%
0.60%
Lloyds Metals And Energy Limited
↑Added
+4.1%
0.64%
Godrej Properties Limited
↓Reduced
−1.0%
0.55%
L&T Finance Limited
↓Reduced
−0.9%
0.56%
MRF Limited
↓Reduced
−1.0%
0.63%
Oil India Limited
↓Reduced
−1.0%
0.61%
Colgate Palmolive (India) Limited
↓Reduced
−0.8%
0.58%
Waaree Energies Limited
↓Reduced
−0.7%
0.56%
Torrent Power Limited
↓Reduced
−1.0%
0.59%
Jindal Stainless Limited
↓Reduced
−0.9%
0.58%
Mahindra & Mahindra Financial Services Limited
↓Reduced
−1.0%
0.53%
Page Industries Limited
↓Reduced
−1.0%
0.57%
Dabur India Limited
↓Reduced
−1.1%
0.56%
Supreme Industries Limited
↓Reduced
−1.0%
0.55%
UNO Minda Limited
↓Reduced
−1.0%
0.53%
Coromandel International Limited
↓Reduced
−1.0%
0.52%
Kalyan Jewellers India Limited
↓Reduced
−1.0%
0.53%
Petronet LNG Limited
↓Reduced
−1.0%
0.53%
JK Cement Limited
↓Reduced
−1.0%
0.53%
JSW Infrastructure Ltd
↓Reduced
−1.0%
0.53%
Oberoi Realty Limited
↓Reduced
−1.0%
0.51%
Meesho Ltd
↑New
New
0.52%
Blue Star Limited
↓Reduced
−1.0%
0.49%
Tata Communications Limited
↓Reduced
−0.9%
0.48%
ICICI Prudential Life Insurance Company Limited
↓Reduced
−0.5%
0.44%
Gujarat Fluorochemicals Limited
↓Reduced
−0.9%
0.46%
Exide Industries Limited
↓Reduced
−1.0%
0.46%
ITC Hotels Limited
↓Reduced
−1.0%
0.46%
PI Industries Limited
↓Reduced
−1.1%
0.46%
Jubilant Foodworks Limited
↓Reduced
−0.7%
0.44%
Aster DM Quality Care Limited
↑New
New
0.46%
SBI Cards and Payment Services Limited
↓Reduced
−0.8%
0.43%
ICICI Prudential Asset Management Company Limited
↑Added
+18.4%
0.45%
Hindustan Copper Limited
↑New
New
0.45%
Astral Limited
↓Reduced
−1.0%
0.41%
LG Electronics India Ltd
↓Reduced
−1.0%
0.44%
Balkrishna Industries Limited
↓Reduced
−1.0%
0.42%
Container Corporation of India Limited
↓Reduced
−1.0%
0.38%
Ajanta Pharma Limited
↑Added
+7.2%
0.41%
Adani Total Gas Limited
↓Reduced
−1.0%
0.41%
Bank of India
↓Reduced
−1.4%
0.39%
Bank of Maharashtra
↓Reduced
−1.0%
0.40%
LIC Housing Finance Limited
↓Reduced
−1.0%
0.39%
AIA Engineering Limited
↓Reduced
−1.0%
0.37%
Motilal Oswal Financial Services Limited
↑Added
+0.5%
0.39%
Schaeffler India Limited
↓Reduced
−1.0%
0.39%
Thermax Limited
↓Reduced
−1.0%
0.33%
Authum Investment And Infrastructure Limited
↓Reduced
−1.0%
0.36%
Dalmia Bharat Limited
↓Reduced
−0.9%
0.33%
Abbott India Limited
↓Reduced
−0.9%
0.35%
Indian Railway Catering And Tourism Corporation Limited
↓Reduced
−1.0%
0.34%
HDB Financial Services Limited
↓Reduced
−0.9%
0.33%
Berger Paints (I) Limited
↓Reduced
−0.9%
0.32%
Linde India Limited
↓Reduced
−0.9%
0.33%
General Insurance Corporation of India
↓Reduced
−1.0%
0.33%
Apollo Tyres Limited
↓Sold out
−100%
was 0.33%
Premier Energies Limited
↑Added
+21.9%
0.31%
Narayana Hrudayalaya Limited
↑New
New
0.31%
Patanjali Foods Limited
↓Reduced
−1.0%
0.31%
Cochin Shipyard Limited
↑Added
+13.1%
0.31%
K.P.R. Mill Limited
↓Reduced
−1.0%
0.30%
GlaxoSmithKline Pharmaceuticals Limited
↓Reduced
−0.9%
0.28%
Global Health Limited
↑Added
+2.5%
0.30%
Tata Elxsi Limited
↓Sold out
−100%
was 0.29%
CRISIL Limited
↓Reduced
−1.0%
0.27%
Bharat Dynamics Limited
↓Reduced
−1.0%
0.25%
Rail Vikas Nigam Limited
↓Reduced
−1.0%
0.28%
Bharti Hexacom Limited
↓Reduced
−1.0%
0.27%
AWL Agri Business Limited
↓Sold out
−100%
was 0.25%
NLC India Limited
↓Reduced
−1.0%
0.24%
Endurance Technologies Limited
↓Reduced
−1.0%
0.23%
L&T Technology Services Limited
↓Reduced
−0.9%
0.22%
Escorts Kubota Limited
↓Reduced
−0.9%
0.22%
Anthem Biosciences Limited
↑Added
+20.0%
0.23%
KPIT Technologies Limited
↓Sold out
−100%
was 0.23%
Indian Renewable Energy Development Agency Limited
↓Reduced
−1.0%
0.22%
Bajaj Housing Finance Limited
↓Reduced
−1.0%
0.22%
United Breweries Limited
↓Reduced
−1.0%
0.21%
3M India Limited
↓Sold out
−100%
was 0.22%
Housing & Urban Development Corporation Limited
↓Reduced
−1.0%
0.21%
NTPC Green Energy Limited
↓Reduced
−1.0%
0.21%
Godfrey Phillips India Limited
↓Reduced
−0.9%
0.19%
Tata Investment Corporation Limited
↓Reduced
−1.0%
0.20%
Hexaware Technologies Limited
↓Reduced
−0.8%
0.18%
ACC Limited
↓Sold out
−100%
was 0.18%
Honeywell Automation India Limited
↓Sold out
−100%
was 0.18%
Fertilizers and Chemicals Travancore Limited
↑New
New
0.12%
Godrej Industries Limited
↓Reduced
−1.0%
0.11%
Indian Overseas Bank
↑New
New
0.11%
SJVN Limited
↓Sold out
−100%
was 0.11%
The New India Assurance Company Limited
↓Sold out
−100%
was 0.11%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Nippon India Nifty Midcap 150 Index Fund Overview
Fund facts from the scheme summary document
Expense ratio (Direct)
0.42%
Expense ratio (Regular)
0.93%
Category
Not available
Risk
Not available
Benchmark
Not available
Launch date
Not available
Minimum investment
Not available
Minimum additional investment
Not available
AUM
₹2,675.01 Cr (30-09-2026)
Lock in
Not available
Scheme code (Direct)
148726
ISIN (Direct)
INF204KB18Z7
Scheme code (Regular)
148723
ISIN (Regular)
INF204KB15Z3
NAV history
From 23-02-2021, 5.7 years
Exit load
Not available
Tax on Nippon India Nifty Midcap 150 Index Fund returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹24.4198
30-10-2026
direct
IDCW
₹24.4198
30-10-2026
regular
Growth
₹23.6856
30-10-2026
regular
IDCW
₹23.6856
30-10-2026
About Nippon India Nifty Midcap 150 Index Fund
Nippon India Nifty Midcap 150 Index Fund is a mutual fund from Nippon India Mutual Fund. At the end of September 2026 it held 149 securities.
Frequently Asked Questions for Nippon India Nifty Midcap 150 Index Fund
What is the current NAV of Nippon India Nifty Midcap 150 Index Fund?
The Direct plan NAV is ₹24.4198. The Regular plan NAV is ₹23.6856, as on 30-10-2026.
What are the returns of Nippon India Nifty Midcap 150 Index Fund?
The Direct plan returned −4.54% in 1 year, +13.42% a year over 3 years, +13.39% a year over 5 years. The Regular plan returned −5.01% in 1 year, +12.86% a year over 3 years, +12.79% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Nippon India Nifty Midcap 150 Index Fund?
The Direct plan charges 0.42% a year. The Regular plan charges 0.93% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Nippon India Nifty Midcap 150 Index Fund?
Nippon India Nifty Midcap 150 Index Fund managed ₹2,675.01 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Nippon India Nifty Midcap 150 Index Fund?
At the end of September 2026 the largest holdings were MCX (2.08%), FEDERALBNK (1.94%), LAURUSLABS (1.91%), PAYTM (1.79%), HEROMOTOCO (1.68%). The fund held 149 securities in all.
What did Nippon India Nifty Midcap 150 Index Fund buy and sell in September 2026?
It bought 12 new stocks: REC Limited, The Indian Hotels Company Limited, Shree Cement Limited, Meesho Ltd, Fertilizers and Chemicals Travancore Limited. It sold out of 13: SJVN Limited, ACC Limited, KPIT Technologies Limited, Hitachi Energy India Limited, BSE Limited. It added shares in 20. It reduced 116.
How do I invest in Nippon India Nifty Midcap 150 Index Fund?
Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.
How has Nippon India Nifty Midcap 150 Index Fund performed against its benchmark?
Its benchmark is Nifty Midcap 150 TRI. The Direct plan returned +13.39% a year over 5 years. The benchmark returned +13.84% a year over 5 years.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.
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