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 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹20.28 (as of 2026-08-21) |
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| AUM | ₹1,263 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 | 0.66 |
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| Standard deviation | 17.95% |
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| Max drawdown | -21.30% |
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| Alpha | -0.51 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 11.1% |
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| Mid cap | 84.6% |
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| Small cap | 4.3% |
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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%
- COFORGE LIMITED — 1.4%
- Persistent Systems 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%
- Retail — 7.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 4.9% | — | — |
| 2025 | 4.9% | — | — |
| 2024 | 23.1% | — | — |
| 2023 | 42.6% | — | — |
| 2022 | 2.4% | — | — |