Nippon India Nifty Midcap 150 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio1.30
• Std Deviation 15.02%
• Tracking Error 0.00%

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

The Nippon India Nifty Midcap 150 Index Fund Regular Growth has an AUM of 1426.36 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.80%. The minimum investment in Nippon India Nifty Midcap 150 Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Max Healthcare Institute, Suzlon Energy, Indian Hotels Company & Cummins India.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Chemical Manufacturing & Construction Services.

Some of the similar funds are Nippon India Nifty Midcap 150 Index Fund Regular Growth, Bandhan Nifty 50 Index Fund Growth, Nippon India Nifty Smallcap 250 Index Fund Reg Gr, Axis Nifty 100 Index Fund Regular Growth, HDFC NIFTY50 Equal Weight Index Fund Regular Growth. Nippon India Nifty Midcap 150 Index Fund Regular Growth has a sharpe ratio of 1.30 & a standard deviation of 15.02%.