3 Year return
25.63%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1585.14 Cr.
Expense Ratio
0.3% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Nippon India Mutual Fund Managers
MD
Mehul Dama
Fund Manager since Aug 2022
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal Nifty Smallcap 250 Index Fund |
25.58% |
0 |
Motilal Oswal Nifty Midcap 150 Index Fund |
25.93% |
0 |
DSP Nifty 50 Equal Weight Index Fund |
20.1% |
0 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
About the Nippon India Nifty Midcap 150 Index Fund Direct Plan Growth
The Nippon India Nifty Midcap 150 Index Fund Direct Plan Growth is an index fund managed by Nippon India Mutual Fund. It is a direct plan, which means that you will pay lower fees than if you invested in a regular plan. The fund has a growth option, which means that your investment returns are reinvested in the fund to grow your investment over time.
Investment Objectives of the Scheme
The investment objective of the Nippon India Nifty Midcap 150 Index Fund Direct Plan Growth is to replicate the performance of the Nifty Midcap 150 Index. The Nifty Midcap 150 Index is a market capitalization-weighted index of the 150 largest mid-cap stocks in India.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.3% |
Fund Manager | Mehul Dama |
Fund Size | ₹1585.14 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Nippon India Nifty Midcap 150 Index Fund Direct Plan Growth is a good option for investors who are looking for a low-cost way to track the performance of the Nifty Midcap 150 Index. The fund is suitable for investors who have a moderate risk tolerance and are looking for an investment that can help them achieve their long-term financial goals.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Combat Inflation With SIP Investments
FAQs
What is today's NAV of Nippon India Nifty Midcap 150 Index Fund?
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What are the returns of Nippon India Nifty Midcap 150 Index Fund since inception?
What is the minimum SIP amount to invest in Nippon India Nifty Midcap 150 Index Fund?
How do I invest in Nippon India Nifty Midcap 150 Index Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Nifty Midcap 150 Index Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Nifty Midcap 150 Index Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Nifty Midcap 150 Index Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.