- AMC
- Groww Mutual Fund
- Category
- Equity Funds
- ISIN
- INF666M01MQ5
Groww Nifty Midcap 150 Index Fund
₹9.6213
−₹0.1065 (−1.09%)
NAV · Direct · IDCW ·
Groww Nifty Midcap 150 Index Fund's Direct IDCW NAV was ₹9.6213 on 19 Oct 2026, down 1.09% on the day. It is down 4.37% since launch.
- Expense ratio
- 0.49%
- Fund size
- ₹14.10 Cr
- Min. investment
- ₹500
NAV history
Between 18 Nov 2025 and 19 Oct 2026, the NAV ranged from ₹8.7005 to ₹10.5506.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 0.49% (Direct)
- Exit load
- nil
- Riskometer
- Very high
- Benchmark
- Nifty Midcap 150 Index TRI
- Launched
- 28 Oct 2025
- Fund managers
- Nikhil Satam, Shashi Kumar, Aakash Chauhan
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | Since launch |
|---|---|---|---|---|---|
| Direct · Growth | INF666M01MP7 | ₹9.6213 | −1.09% | 0.49% | −4.37% |
| Regular · Growth | INF666M01MS1 | ₹9.5635 | −1.10% | 1.13% | −4.94% |
| Direct · IDCW | INF666M01MQ5 | ₹9.6213 | −1.09% | 0.49% | −4.37% |
| Regular · IDCW | INF666M01MT9 | ₹9.5635 | −1.10% | 1.13% | −4.94% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Groww Nifty Midcap 150 Index Fund is an open-ended mutual fund from Groww Mutual Fund, in the Equity Funds category. It began on 28 Oct 2025. It is benchmarked to the Nifty Midcap 150 Index TRI. The fund manages ₹14.10 Cr across its plans as of 16 Oct 2026. The Direct · IDCW plan has an expense ratio of 0.49%. The minimum first investment is ₹500, and SIPs are available.
FAQs
What is the NAV of Groww Nifty Midcap 150 Index Fund?
The NAV of Groww Nifty Midcap 150 Index Fund (Direct · IDCW) was ₹9.6213 on 19 Oct 2026, down 1.09% from the previous NAV.
What plans does Groww Nifty Midcap 150 Index Fund have?
Groww Nifty Midcap 150 Index Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Groww Nifty Midcap 150 Index Fund?
The Direct · IDCW plan of Groww Nifty Midcap 150 Index Fund has an expense ratio of 0.49%.
What is the fund size (AUM) of Groww Nifty Midcap 150 Index Fund?
Groww Nifty Midcap 150 Index Fund manages ₹14.10 Cr across all plans as of 16 Oct 2026.
What returns has Groww Nifty Midcap 150 Index Fund delivered?
Groww Nifty Midcap 150 Index Fund has returned −4.37% since launch. Past performance does not guarantee future returns.
What is the exit load of Groww Nifty Midcap 150 Index Fund?
Groww Nifty Midcap 150 Index Fund: nil.
What is the minimum investment and SIP amount for Groww Nifty Midcap 150 Index Fund?
The minimum first investment in Groww Nifty Midcap 150 Index Fund is ₹500, and ₹500 after that. SIPs are available (SIP available Daily (min Rs.100, 180 instalments), Weekly (min Rs.100, 24 instalments), Monthly (min Rs.500, 12 instalments), Quarterly (min Rs.500, 4 instalments). Dates: Daily-Every Business Day, Weekly-1st/8th/15th/22nd, Monthly & Quarterly-Any day 1st to 28th).
How risky is Groww Nifty Midcap 150 Index Fund?
Groww Nifty Midcap 150 Index Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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