ICICI Pru Nifty Midcap 150 Index Fund
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors.
Growthvine rating: 5/5 — ranked #16 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹17.82 (as of 2026-10-23) |
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| AUM | ₹1,257 Cr |
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| Expense ratio | 0.86% |
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| Riskometer | Very High |
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| Fund manager | Ajay Kumar Solanki |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.42 |
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| Standard deviation | 18.53% |
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| Max drawdown | −21.30% |
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| Alpha | -0.62 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 5.6% |
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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 | 17.0% |
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| Total holdings | 150 |
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Top holdings
- Multi Commodity Exchange of India Ltd — 2.0%
- Federal Bank Ltd. — 1.9%
- Laurus Labs Limited — 1.9%
- EMBASSY OFFICE PARKS REIT — 1.9%
- One 97 Communications Limited — 1.8%
- Hero MotoCorp Limited — 1.6%
- Indian Hotels Co. Ltd — 1.5%
- COFORGE LIMITED — 1.5%
- Bharat Heavy Electricals Ltd. — 1.5%
- IndusInd Bank Ltd. — 1.4%
Top sectors
- Banking & Financial — 13.2%
- Pharma & Biotech — 9.0%
- Retail — 8.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.8% | — | — |
| 2025 | 4.9% | — | — |
| 2024 | 23.1% | — | — |
| 2023 | 42.6% | — | — |
| 2022 | 2.4% | — | — |