OTHER•INDEX FUND
Nippon India Nifty Midcap 150 Index Fund
3 Year return
18.05%
NAV on August 23, 2026
27.1194
1D Returns
+0.02%
Launched on February 2021(5 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
33.39%₹1,202
Total Value ₹4,802
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹2,727.38 Cr.
Expense Ratio
0.37% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
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
Nippon India Mutual Fund Manager
HM
Himanshu Mange
Fund Manager since Dec 2023
Fund House Details
Nippon India Mutual Fund
Asset management company
AUM
₹7,67,506.42 Cr.
No. of Schemes
341
Setup Date
June 1995
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Nifty Midcap 150 Index Fund | 18.2962% | 0 |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 18.1659% | 0 |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 17.4404% | 0 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Nippon India Aggressive Hybrid Fund Direct Monthly IDCW Payout12.4556%
Hybrid . Aggressive Hybrid Fund
Nippon India Aggressive Hybrid Fund Direct Monthly IDCW Reinvestment12.4556%
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
18.2447%
Expense Ratio
0.37%
Fund Manager
Himanshu Mange
Fund Size
₹2727.38 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 |
| Address | 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.
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FAQs
What is today's NAV of Nippon India Nifty Midcap 150 Index Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Nifty Midcap 150 Index Fund on August 23, 2026, is ₹27.1194
What is the AUM of Nippon India Nifty Midcap 150 Index Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Nifty Midcap 150 Index Fund, is ₹2727.38 crore.
What is the expense ratio of Nippon India Nifty Midcap 150 Index Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Nippon India Nifty Midcap 150 Index Fund is 0.37%
What are the returns of Nippon India Nifty Midcap 150 Index Fund since inception?
The Nippon India Nifty Midcap 150 Index Fund was launched on February 04, 2021. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Nippon India Nifty Midcap 150 Index Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Nifty Midcap 150 Index Fund is ₹100.
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.
ENTER AMOUNT
₹
₹4,802 in 3Y at 18.0496% returns
SIP Date1st of every month
Your next SIP Payment will be on 23 September 2026
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