June 11, 2025
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ICICI Prudential Nifty Midcap 150 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 19.5210
NAV IDCW: Rs 19.5210
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Ajay Kumar Solanki
Education: Mr. Solanki has done B.Com, CA and CFA Level-III
Experience: Prior to joining ICICI Prudential Mutual Fund, he has worked with GPS & Associates
2) Ashwini Shinde
Education: B.Com , M.Com , Inter CA
Experience: Prior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
3) Nishit Patel
Education: Mr. Patel is a B.Com & Chartered Accountant
Experience: Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ICICI Prudential Nifty Midcap 150 Index Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 22-Dec-21 |
| Return Since Launch | 21.27% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 732 Cr |
| (As on 31-May-2025) | |
| Expense | 0.30% |
| (As on 31-May-2025) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 30.00% |
Trailing Returns (%) of ICICI Prudential Nifty Midcap 150 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Nifty Midcap 150 Index Dir | 3.68 | 0.03 | 11.87 | 21.49 | 0.48 | 9.92 | 28.44 | — | — | — |
| BSE 150 MidCap TRI | 2.06 | -0.03 | 10.86 | 19.31 | -1.16 | 8.58 | 28.22 | — | — | — |
| Equity: Mid Cap | 1.72 | 0.03 | 11.28 | 20.34 | -1.28 | 9.78 | 27.36 | — | — | — |
| Rank within category | 10 | 26 | 18 | 14 | 9 | 22 | 15 | — | — | — |
| Number of funds in category | 48 | 51 | 51 | 49 | 48 | 42 | 32 | 25 | 21 | 19 |
Peer Comparison of ICICI Prudential Nifty Midcap 150 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru Nifty Midcap 150 Index Dir | 3 star | 9.92 | 28.44 | — | 0.30 | 732 | 21.27 | — | 3Y 5M | 30.00 |
| Motilal Oswal Nifty Midcap 150 Dir | 3 star | 10.25 | 28.80 | 32.40 | 0.26 | 2,126 | 26.93 | 1.00 (15) | 5Y 9M | 32.00 |
| Nippon India Nifty Midcap150 Dir | 3 star | 9.93 | 28.55 | — | 0.30 | 1,743 | 24.01 | — | 4Y 3M | 36.00 |
| Edelweiss Nifty Midcap150 Momentum 50 Index Dir | Unrated | 4.23 | — | — | 0.38 | 991 | 28.53 | 0.50 (30) | 2Y 6M | 100.00 |
| Tata Nifty Midcap 150 Momentum 50 Index Dir | Unrated | 3.50 | — | — | 0.43 | 909 | 27.09 | 0.25 (90) | 2Y 7M | 94.15 |
Portfolio Analysis of ICICI Prudential Nifty Midcap 150 Index Fund
| No. of Stocks | 151 |
| Top 10 Stocks | 18.86% |
| Top 5 Stocks | 11.34% |
| Top 3 Sectors | 39.94% |
| Portfolio P/B Ratio | 4.24 |
| Portfolio P/E Ratio | 33.08 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 60,595 | 61,906 |
| Giant (%) | 0.50 | 2.53 |
| Large (%) | 41.60 | 41.69 |
| Mid (%) | 57.78 | 55.34 |
| Small (%) | 0.12 | 1.02 |
| Tiny (%) | — | 0.20 |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Nifty Midcap 150 Index Fund
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