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Index Fund

Nippon India Nifty Midcap 150 Index Fund · Direct · Growth

Nippon India Mutual Fund

NAV

₹25.3222

as of 29 Sept 2026

Expense Ratio

0.37%

Viewing Direct · Growth
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Lumpsum returns (CAGR)

1Y
+4.35%
3Y
+13.23%
5Y
+14.26%
Since Inception
+18.02%

SIP returns (XIRR)

1Y
-0.34%
3Y
+6.41%
5Y
+13.75%
Since Inception
+14.57%

Performance Comparison

Sectoral allocation

as of 31 Aug 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseNippon India Mutual Fund
CategoryIndex Fund
Launch Date19 Feb 2021
AMFI Code148726
Transaction facts
Min. Lumpsum₹100
Min. SIP₹100

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Nippon India Nifty Midcap 150 Index Fund · Direct · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Nippon India Nifty Midcap 150 Index Fund · Direct · Growth is a Index Fund mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 5 years. The current expense ratio is 0.37%.

Who Should Invest?

  • •Cost-conscious investors who prefer passive investing with low expense ratios
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