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 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹19.64 (as of 2026-08-21) |
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| AUM | ₹687 Cr |
|---|
| 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 | 0.66 |
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| Standard deviation | 17.93% |
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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 | 11.1% |
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| Mid cap | 84.7% |
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| Small cap | 4.2% |
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Concentration
| Top 5 holdings | 10.7% |
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| Top 10 holdings | 18.0% |
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| Total holdings | 150 |
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Top holdings
- BSE Ltd. — 3.6%
- Federal Bank Ltd. — 2.1%
- Laurus Labs Limited — 1.7%
- Hero MotoCorp Limited — 1.7%
- Multi Commodity Exchange of India Ltd — 1.6%
- IndusInd Bank Ltd. — 1.6%
- Persistent Systems Limited — 1.4%
- COFORGE LIMITED — 1.4%
- AU Small Finance Bank Limited — 1.4%
- Bharat Heavy Electricals Ltd. — 1.4%
Top sectors
- Banking & Financial — 16.9%
- Pharma & Biotech — 8.9%
- Energy — 8.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 5.0% | — | — |
| 2025 | 5.0% | — | — |
| 2024 | 23.1% | — | — |