- AMC
- Nippon India Mutual Fund
- Category
- Index Funds
- ISIN
- INF204KB18Z7
Nippon India Nifty Midcap 150 Index Fund
₹24.5730
−₹0.3427 (−1.38%)
NAV · Direct · Growth ·
Nippon India Nifty Midcap 150 Index Fund's Direct Growth NAV was ₹24.5730 on 21 Oct 2026, down 1.38% on the day. Its 3-year return is 12.56% a year.
- Expense ratio
- 0.93%
- Fund size
- ₹2,396.09 Cr
- Min. investment
- ₹100
NAV history
Between 23 Oct 2025 and 21 Oct 2026, the NAV ranged from ₹22.4778 to ₹27.2802.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.
Fund details
- Expense ratio
- 0.93% (Direct)
- Exit load
- nil
- Riskometer
- Very high
- Benchmark
- Nifty Midcap 150 TRI
- Launched
- 4 Feb 2021
- Fund managers
- Himanshu Mange
Fund size, expense ratio and minimums as of 1 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF204KB18Z7 | ₹24.5730 | −1.38% | 0.93% | −2.89% |
| Regular · Growth | INF204KB15Z3 | ₹23.8372 | −1.38% | 0.93% | −3.37% |
| Direct · IDCW | INF204KB19Z5 | ₹24.5730 | −1.38% | 0.93% | −2.89% |
| Regular · IDCW | INF204KB16Z1 | ₹23.8372 | −1.38% | 0.93% | −3.37% |
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
Nippon India Nifty Midcap 150 Index Fund is an open-ended mutual fund from Nippon India Mutual Fund, in the Index Funds category. It began on 4 Feb 2021. It is benchmarked to the Nifty Midcap 150 TRI. The fund manages ₹2,396.09 Cr across its plans as of 1 Oct 2026. The Direct · Growth plan has an expense ratio of 0.93%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Nippon India Nifty Midcap 150 Index Fund?
The NAV of Nippon India Nifty Midcap 150 Index Fund (Direct · Growth) was ₹24.5730 on 21 Oct 2026, down 1.38% from the previous NAV.
What plans does Nippon India Nifty Midcap 150 Index Fund have?
Nippon India Nifty Midcap 150 Index Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Nippon India Nifty Midcap 150 Index Fund?
The Direct · Growth plan of Nippon India Nifty Midcap 150 Index Fund has an expense ratio of 0.93%.
What is the fund size (AUM) of Nippon India Nifty Midcap 150 Index Fund?
Nippon India Nifty Midcap 150 Index Fund manages ₹2,396.09 Cr across all plans as of 1 Oct 2026.
What returns has Nippon India Nifty Midcap 150 Index Fund delivered?
Nippon India Nifty Midcap 150 Index Fund returned −2.89% over 1Y, +12.56% a year over 3Y, +12.99% a year over 5Y. Past performance does not guarantee future returns.
What is the exit load of Nippon India Nifty Midcap 150 Index Fund?
Nippon India Nifty Midcap 150 Index Fund: nil.
What is the minimum investment and SIP amount for Nippon India Nifty Midcap 150 Index Fund?
The minimum first investment in Nippon India Nifty Midcap 150 Index Fund is ₹100, and ₹100 after that. SIPs are available (SIP available Monthly/Quarterly/Yearly. Minimum Rs.100/month (60 months), Rs.500/month (12 months), Rs.1000/month (6 months), Rs.500/quarter (12 quarters), Rs.1500/quarter (4 quarters), Rs.5000/year (2 years). Dates: 1st to 31st of month.).
How risky is Nippon India Nifty Midcap 150 Index Fund?
Nippon India 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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