Groww Nifty Midcap 150 Index Fund
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty Midcap 150 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Midcap 150 Index, subject to tracking errors.
Growthvine rating: 1/5 — ranked #226 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹9.16 (as of 2026-10-23) |
|---|
| AUM | ₹16 Cr |
|---|
| Expense ratio | 0.90% |
|---|
| Riskometer | Very High |
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| Fund manager | Aakash Ashokkumar Chauhan |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −14.13% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 5.7% |
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| Mid cap | 91.8% |
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| Small cap | 2.5% |
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Concentration
| Top 5 holdings | 9.4% |
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| Top 10 holdings | 16.9% |
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| Total holdings | 150 |
|---|
Top holdings
- Multi Commodity Exchange of India Ltd — 2.1%
- Federal Bank Ltd. — 1.9%
- Laurus Labs Limited — 1.9%
- One 97 Communications Limited — 1.8%
- Hero MotoCorp Limited — 1.7%
- Indian Hotels Co. Ltd — 1.6%
- COFORGE LIMITED — 1.5%
- Bharat Heavy Electricals Ltd. — 1.5%
- IndusInd Bank Ltd. — 1.5%
- AU Small Finance Bank Limited — 1.5%
Top sectors
- Banking & Financial — 13.4%
- Pharma & Biotech — 9.2%
- Retail — 9.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.0% | — | — |