Nifty Midcap 150 index funds compared
30 plans that track the Nifty Midcap 150 index, compared on cost and how closely they follow it. Data as of 5 Nov 2026.
Direct plans (15)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Midcap 150 Index FundMotilal Oswal Mutual Fund | A+ | 0.39% | -0.16% | 0.04% | 1.2% | ₹3,995 cr |
| SBI Nifty Midcap 150 Index FundSBI Mutual Fund | A | 0.50% | -0.28% | 0.04% | 1.1% | ₹1,239 cr |
| JioBlackRock Nifty Midcap 150 Index FundJio BlackRock Mutual Fund | A | 0.38% | -0.27% | 0.14% | 1.1% | ₹283 cr |
| ICICI Prudential Nifty Midcap 150 Index FundICICI Prudential Mutual Fund | A | 0.39% | -0.29% | 0.05% | 1.1% | ₹1,281 cr |
| Aditya Birla Sun Life Nifty Midcap 150 Index FundAditya Birla Sun Life Mutual Fund | B | 0.48% | -0.37% | 0.05% | 1.0% | ₹489 cr |
| Nippon India Nifty Midcap 150 Index FundNippon India Mutual Fund | B | 0.42% | -0.23% | 0.16% | 1.1% | ₹2,752 cr |
| Tata Nifty Midcap 150 Index FundTata Mutual Fund | B | 0.29% | -0.40% | 0.13% | 1.0% | ₹320 cr |
| Kotak Nifty Midcap 150 Index FundKotak Mahindra Mutual Fund | B | 0.40% | -0.41% | 0.12% | 0.9% | ₹44 cr |
| UTI Nifty Midcap 150 Index FundUTI Mutual Fund | B | 0.70% | -0.48% | 0.04% | 0.9% | ₹77 cr |
| HDFC NIFTY Midcap 150 Index FundHDFC Mutual Fund | C | 0.40% | -0.41% | 0.06% | 0.9% | ₹700 cr |
| Bandhan Nifty Midcap 150 Index FundBandhan Mutual Fund | C | 0.63% | -0.52% | 0.08% | 0.8% | ₹95 cr |
| Baroda BNP Paribas Nifty Midcap 150 Index FundBaroda BNP Paribas Mutual Fund | C | 0.58% | -0.88% | 0.19% | 0.5% | ₹10 cr |
| DSP Nifty Midcap 150 Index FundDSP Mutual Fund | – | 0.43% | -0.57% | 0.13% | – | ₹17 cr |
| Groww Nifty Midcap 150 Index FundGroww Mutual Fund | – | 0.52% | -0.57% | 0.17% | – | ₹15 cr |
| quant Nifty Midcap 150 Index Fundquant Mutual Fund | – | –% | –% | –% | – | – |
Regular plans (15)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| SBI Nifty Midcap 150 Index FundSBI Mutual Fund | A+ | 0.93% | -0.70% | 0.05% | 0.7% | ₹1,239 cr |
| HDFC NIFTY Midcap 150 Index FundHDFC Mutual Fund | A | 0.87% | -0.90% | 0.06% | 0.5% | ₹700 cr |
| Nippon India Nifty Midcap 150 Index FundNippon India Mutual Fund | A | 0.93% | -0.73% | 0.16% | 0.6% | ₹2,752 cr |
| UTI Nifty Midcap 150 Index FundUTI Mutual Fund | A | 1.13% | -0.91% | 0.05% | 0.4% | ₹77 cr |
| Aditya Birla Sun Life Nifty Midcap 150 Index FundAditya Birla Sun Life Mutual Fund | B | 1.03% | -0.94% | 0.06% | 0.4% | ₹489 cr |
| Kotak Nifty Midcap 150 Index FundKotak Mahindra Mutual Fund | B | 0.88% | -0.90% | 0.14% | 0.5% | ₹44 cr |
| Motilal Oswal Nifty Midcap 150 Index FundMotilal Oswal Mutual Fund | B | 1.12% | -0.95% | 0.05% | 0.4% | ₹3,995 cr |
| ICICI Prudential Nifty Midcap 150 Index FundICICI Prudential Mutual Fund | B | 1.13% | -1.01% | 0.06% | 0.3% | ₹1,281 cr |
| Tata Nifty Midcap 150 Index FundTata Mutual Fund | C | 1.10% | -1.36% | 0.14% | -0.0% | ₹320 cr |
| Bandhan Nifty Midcap 150 Index FundBandhan Mutual Fund | C | 1.41% | -1.26% | 0.08% | 0.1% | ₹95 cr |
| Baroda BNP Paribas Nifty Midcap 150 Index FundBaroda BNP Paribas Mutual Fund | C | 1.25% | -1.56% | 0.19% | -0.2% | ₹10 cr |
| DSP Nifty Midcap 150 Index FundDSP Mutual Fund | – | 1.16% | -1.23% | 0.14% | – | ₹17 cr |
| Groww Nifty Midcap 150 Index FundGroww Mutual Fund | – | 1.16% | -1.19% | 0.18% | – | ₹15 cr |
| JioBlackRock Nifty Midcap 150 Index FundJio BlackRock Mutual Fund | – | 1.06% | –% | –% | – | ₹283 cr |
| quant Nifty Midcap 150 Index Fundquant Mutual Fund | – | –% | –% | –% | – | – |
Common questions
How many Nifty Midcap 150 index funds are there?
15 schemes track the Nifty Midcap 150 index, with 30 plans (Regular and Direct), as of 5 Nov 2026.
Which Nifty Midcap 150 index fund has the lowest tracking error?
Among Direct plans, SBI Nifty Midcap 150 Index Fund had the lowest 1-year tracking error, 0.04%, as of 5 Nov 2026. Tracking error measures how closely the fund follows the index day to day.
Which Nifty Midcap 150 index fund has the lowest expense ratio?
Among Direct plans, Tata Nifty Midcap 150 Index Fund at 0.29% a year, as of 5 Nov 2026.
How do you choose between index funds on the same index?
They hold the same stocks, so look at cost (expense ratio), how closely they track (tracking difference and tracking error) and size (AUM, for smooth trading). Our rating weighs those in that order.
Ratings describe past tracking and cost, not a recommendation. Read the scheme documents before investing.