Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 56.86 | 25.81 | N/A | N/A |
Average Rolling Returns(%) | 21.62 | N/A | N/A | N/A |
The Current NAV of Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan is ₹21.39.
It is better to invest in a fund with a longer track record as Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Midcap 150 - TRI returns, as Funds portfolio is significantly different.
Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.30%
The process for redemption is
The AUM of Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan is currently ₹1,163 Crores.
The Top three stocks are Persistent Systems, Max Healthcare Inst and Indian Hotel and account for 7% of its portfolio. Top 5 and 10 stocks of fund account for 10% and 17% of fund’s portfolio respectively.
Top three sectors of Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan fund are BFSI, Auto and Construction & Infrastructure accounting for 40% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan Fund is Index Funds - Other.
Mehul Dama manages the Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan Fund.
Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan current PE ratio is 46.41 and PB ratio is 8.75
The asset allocation of Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan is Stocks : 100.04%, Debt : -0.01% and Gold : 0%
The minimum SIP amount for Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Nippon India Nifty Midcap 150 Index Fund - Growth - Direct Plan is Nil