HDFC NIFTY Midcap 150 Index Fund
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index, subject to tracking error.
Growthvine rating: 5/5 — ranked #20 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹17.62 (as of 2026-10-22) |
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| AUM | ₹699 Cr |
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| Expense ratio | 0.64% |
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| Riskometer | Very High |
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| Fund manager | Nandita Menezes |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.43 |
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| Standard deviation | 18.52% |
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| Max drawdown | −21.26% |
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| Alpha | -0.37 |
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| Beta | 1 |
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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 | 16.8% |
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| Total holdings | 150 |
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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) | −5.8% | — | — |
| 2025 | 5.0% | — | — |
| 2024 | 23.1% | — | — |