Fundalysisby DARKHORSESTOCKS

Scheme

Nippon India Nifty Midcap 150 Index Fund

Holds 149 companies worth ₹2,675 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹2,675 CrNippon India Nifty Midcap 150 Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.0% on Aug 2026, ₹2,845 Cr.

  • Largest holding

    Multi Commodity Exchange of India LimitedMulti Commodity Exchange of India Limited is 2.1% of this scheme's NAV.

  • Fund manager

    Himanshu MangeRuns it since 23 Dec 2023, as the fund house dates it.

Overview(8 Oct 2026)

Fund managers1

  1. Himanshu MangeFund manager · Dec 2023 · 7y · CA

    Key facts

    Benchmark
    Nifty Midcap 150 TRI
    Risk
    Very High
    Expense
    Regular 0.89% · Direct 0.37%
    Exit load
    Nil
    Started
    19 Feb 2021
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

    What changed(7 changes)

    Oct 2026

    1 change
    1. Expense ratio
      8 OctRegular 0.88% → 0.89%

    Jul 2026

    1 change
    1. Expense ratio
      9 JulRegular 0.86% → 0.88%Direct 0.35% → 0.37%

    Jun 2026

    1 change
    1. Expense ratio
      9 JunRegular 0.84% → 0.86%Direct 0.33% → 0.35%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Dec 2023 – now)

    1. Himanshu Mange
    MainCoSlice202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    7 changesRegularDirectΔ pt
    8 Oct 20260.89%0.37%0
    9 Jul 20260.88%0.37%0.02
    9 Jun 20260.86%0.35%0.02
    14 May 20260.84%0.33%0.01
    7 May 20260.85%0.34%0.06
    9 Apr 20260.91%0.40%0.10
    20 Aug 20240.80%0.30%–
    Direct plan, 8 Oct 2026
    0.37%
    Regular plan 0.89% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(8 Oct 2026)

    Objective

    The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Moderately High
    Type
    An open ended scheme replicating/tracking Nifty Midcap 150 Index
    Benchmark
    Nifty Midcap 150 TRI

    Asset allocation it may hold% of NAV

    1. Securities constituting Nifty Midcap 150 Index
      Allowed95–100%
    2. Money Market instruments, Reverse repo and / or Tri-Party Repo on Government Securities or T-Bills and/or Schemes which invest predominantly in the money market securities or Liquid Schemes
      Allowed0–5%Holds0.0%

    Holds in Sept 2026.100.0% equity

    How to invest(8 Oct 2026)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    Most
    Any
    Systematic
    SIP Details: Monthly, Quarterly, Yearly , SWP Details Monthly / Quarterly / Half yearly / Yearly , SWP Details Daily/ Weekly/ Fortnightly/ Monthly / Quarterly
    Dates
    SIP Details: 1st to 31st of a month , SWP Details: 1st, 8th, 15th, 22nd transaction day (if holiday, then next working day) , STP Details: Fixed STP: Daily - 1 to 28, Weekly - 1st, 8th, 15th, 22nd Fortnightly - 1st and 15th, Monthly - any pre-specified date of the month, Quarterly - any pre-specified date of the first month of the quarter, Capital Appreciation STP: Monthly - 1st of every month, Quarterly - 1st of the first month of the quarter
    Minimum
    SIP Details: Rs.100/- per month (minimum 60 months), Rs.500/- per month (minimum 12 months), Rs.1000/- per month (minimum 6 months), Rs. 500/- per quarter (minimum 12 quarters), Rs.1500/- per quarter (minimum 4 quarters), Rs. 5000/- per year (minimum 2 years) , SWP Details: 500 , STP Details Fixed STP: Daily- Minimum of Rs. 100, Weekly / Fortnight / Monthly option - Rs. 1000, Quarterly - Rs. 3000 Capital Appreciation STP: Monthly/ Quarterly - Rs. 500, then sIP Details: Rs. 500 if SIP amount is 5,000 per year & Rs. 1 for any other amount , SWP Details: 100 , STP Details: 100
    Instalments
    SIP Details: 60 months for Rs. 100 per month, 12 months for Rs. 500 per month, 6 months for Rs. 1,000 per month, 12 quarters for Rs. 500 per quarter, 4 quarters for Rs. 1500 per quarter, 2 years for Rs. 5000 per Year , SWP Details 2 , STP Details 30 FOR DAILY & 2 OTHERS
    Most
    SIP - Any, SWP - Any, STP - Any

    Selling and switching

    To redeem
    ₹100 or Any units
    Switch minimum
    ₹100

    Scheme details(8 Oct 2026)

    What it is

    Category
    Others - Index Funds
    Offer
    4 Feb 2021 to 12 Feb 2021
    Started
    19 Feb 2021
    Reopened
    23 Feb 2021
    Plans
    Direct IDCW Plan Payout · Direct IDCW Plan Reinvestment · Direct Growth Plan Growth · IDCW Plan Payout · IDCW Plan Reinvestment · Growth Plan Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    Deutsche Bank
    Auditor
    Walker Chandiok & Co LLP
    Registrar
    KFin Technologies Limited
    SEBI code
    NIMF/O/O/EIN/20/03/0108