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 | ₹18.14 (as of 2026-10-01) |
|---|
| AUM | ₹726 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 | 0.63 |
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| Standard deviation | 17.88% |
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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 | 11.6% |
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| Mid cap | 84.2% |
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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 | 18.5% |
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| Total holdings | 150 |
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Top holdings
- BSE Ltd. — 3.1%
- Federal Bank Ltd. — 2.1%
- Multi Commodity Exchange of India Ltd — 2.0%
- Laurus Labs Limited — 1.7%
- One 97 Communications Limited — 1.7%
- Hero MotoCorp Limited — 1.7%
- COFORGE LIMITED — 1.6%
- IndusInd Bank Ltd. — 1.6%
- PB Fintech Limited — 1.5%
- Bharat Heavy Electricals Ltd. — 1.5%
Top sectors
- Banking & Financial — 16.3%
- Pharma & Biotech — 8.8%
- Retail — 7.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −3.0% | — | — |
| 2025 | 5.0% | — | — |
| 2024 | 23.1% | — | — |