Nifty Midcap 50 index funds compared
4 plans that track the Nifty Midcap 50 index, compared on cost and how closely they follow it. Data as of 5 Nov 2026.
Direct plans (2)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| Axis Nifty Midcap 50 Index FundAxis Mutual Fund | A+ | 0.35% | -0.32% | 0.08% | 2.5% | ₹744 cr |
| Kotak Nifty Midcap 50 Index FundKotak Mahindra Mutual Fund | B | 0.45% | -0.42% | 0.10% | 2.4% | ₹83 cr |
Regular plans (2)
| Fund | Rating | Expense ratio | Tracking difference, 1Y | Tracking error, 1Y | 1Y return | AUM |
|---|---|---|---|---|---|---|
| Kotak Nifty Midcap 50 Index FundKotak Mahindra Mutual Fund | A | 1.06% | -1.04% | 0.10% | 1.8% | ₹83 cr |
| Axis Nifty Midcap 50 Index FundAxis Mutual Fund | B | 1.15% | -1.11% | 0.09% | 1.7% | ₹744 cr |
Common questions
How many Nifty Midcap 50 index funds are there?
2 schemes track the Nifty Midcap 50 index, with 4 plans (Regular and Direct), as of 5 Nov 2026.
Which Nifty Midcap 50 index fund has the lowest tracking error?
Among Direct plans, Axis Nifty Midcap 50 Index Fund had the lowest 1-year tracking error, 0.08%, as of 5 Nov 2026. Tracking error measures how closely the fund follows the index day to day.
Which Nifty Midcap 50 index fund has the lowest expense ratio?
Among Direct plans, Axis Nifty Midcap 50 Index Fund at 0.35% 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.