October 3, 2022
mayank
Nippon India Nifty Midcap 150 Index Fund
NAV Growth: Rs 13.3950
NAV IDCW: Rs 13.3950
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) Mehul Dama
Education: Mr. Dama has done C.A. & B.Com
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 19-Feb-21 |
| Return Since Launch | 19.89% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 502 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.20% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 45.00% |
Nippon India Nifty Midcap 150 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Nifty Midcap150 Dir | 1.34 | 1.44 | -1.71 | 16.37 | 5.05 | 3.01 | — | — | — | — |
| S&P BSE 150 MidCap TRI | 1.01 | 1.47 | -1.6 | 15.03 | 3.98 | 1.89 | — | — | — | — |
| Equity: Mid Cap | 2.31 | 1.37 | -0.86 | 15.49 | 4.89 | 4.35 | — | — | — | — |
| Rank within category | 19 | 8 | 24 | 10 | 17 | 18 | — | — | — | — |
| Number of funds in category | 30 | 34 | 33 | 32 | 32 | 29 | 24 | 20 | 19 | 0 |
Nippon India Nifty Midcap 150 Index Fund Peer Comparison
| Fund name | 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 (%) |
| Nippon Ind Nifty Midcap150 Dir | Unrated | 3.01 | — | — | 0.20 | 502 | 19.89 | — | 1yrs 7mo | 45.00 |
| Kotak Emrgng Eqt Dir | 4 star | 8.29 | 27.23 | 16.73 | 0.49 | 21,935 | 20.26 | 1.00 (365) | 9yrs 9mo | 3.16 |
| Axis Midcap Dir | 5 star | 0.61 | 23.41 | 18.84 | 0.54 | 19,504 | 19.32 | 1.00 (365) | 9yrs 9mo | 23.00 |
| Nippon Ind Growth Dir | 4 star | 5.25 | 26.29 | 15.99 | 0.89 | 13,225 | 16.72 | 1.00 (30) | 9yrs 9mo | 88.00 |
| Mirae Asset Midcap Dir | 4 star | 4.82 | 28.26 | — | 0.57 | 8,499 | 28.67 | 1.00 (365) | 3yrs 2mo | 46.00 |
Portfolio Analysis
| No. of Stocks | 149 |
| Top 10 Stocks (*) | 19.20% |
| Top 5 Stocks (*) | 12.01% |
| Top 3 Sectors (*) | 36.21% |
| Portfolio P/B Ratio (*) | 3.32 |
| Portfolio P/E Ratio | 28.02 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 36,357 | 34,052 |
| Giant (%) | 5.53 | 5.85 |
| Large (%) | 11.21 | 12.89 |
| Mid (%) | 82.75 | 77.76 |
| Small (%) | 0.51 | 5.94 |
| Tiny (%) | — | 1.30 |
Chanakya’s Mutual Fund Guidance For Nippon India Nifty Midcap 150 Index Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.ni-mf.in/LsK2Sm
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