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NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 82/100 · Excellent
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)15.24%
- Expense ratio (20%)0.37%
- AUM (15%)₹2,845 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Equity · Mid Cap
₹26.41
AUM: ₹2,844 Cr
NAV updated 5 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
0.37%
Exit Load
Nil
Fund Manager
Mehul Dama
Inception
Feb 2021
Benchmark
NIFTY Midcap 150 Total Return Index
Sharpe Ratio
0.17
Std Dev (1Y)
16.1%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-2.61%
3m
-1.06%
6m
+12.86%
1y
+4.51%
3y
+15.24%
5y
+15.86%
10y
—
since inception
+18.59%
TopFund's Take on NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option
NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option ranks among the stronger performers in the Mid Cap category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 82/100.
Cost: At 0.37%, the expense ratio is meaningfully cheaper — about 52% below the Mid Cap category average of 0.77% (based on 232 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.17 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 16.1% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option is ₹26.41. NAV is updated every business day after market close by AMFI.
1Y: 4.51% · 3Y CAGR: 15.24% · 5Y CAGR: 15.86%
The expense ratio of NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option is 0.37% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option is managed by Mehul Dama at Nippon India Mutual Fund.
NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND - IDCW Option is ₹2,845 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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