HDFC NIFTY Midcap 150 Index Fund
HDFC Mutual Fund · Index Fund · Direct plan, growth option
NAV (₹), 2 Oct 2026
18.4957
1-day change
-1.02%
1Y return
2.2%
3Y CAGR
12.8%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 21 Apr 2023 to 1 Oct 2026
Returns vs Index Fund median (265 schemes) and “Mid cap index” median (18)
| Period | Scheme | Category median | Mid cap index median |
|---|---|---|---|
| 1 month | -6.9% | -6.5% | -6.9% |
| 3 months | -5.1% | -5.1% | -5.0% |
| 6 months | 9.1% | 5.5% | 9.2% |
| Year to date | -2.6% | -6.8% | -2.6% |
| 1 year | 2.2% | -3.0% | 2.3% |
| 3 years (CAGR) | 12.8% | 8.7% | 12.9% |
| 5 years (CAGR) | n/a | 7.6% | 14.1% |
| 7 years (CAGR) | n/a | 11.1% | 21.2% |
| 10 years (CAGR) | n/a | 10.9% | n/a |
| Since first NAV (CAGR) | 19.6% | – | – |
“Mid cap index” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 9.5% | 7.2% |
| 3Y rolling median | 19.2% | 16.3% |
| 3Y rolling worst | 12.8% | 8.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.7% |
| 5Y rolling worst | n/a | 6.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 18.3% | 17.3% |
| Sharpe ratio | 0.42 | 0.21 |
| Sortino ratio | 0.63 | 0.30 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −21.1% | −18.8% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −17.6% |
| Current drawdown | −8.1% | −11.0% |
| Recovery time of worst fall | 262 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
Objective: To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index, subject to tracking error.There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Securities covered by NIFTY Midcap 150 Index : 95% - 100% Debt Securities & Money Market Instruments : 0% - 5%
Benchmark (tier 1): NIFTY Midcap 150 Index (TRI)
Minimum application: Rs.100
Allotment date: 21 Apr 2023
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | n/a | 0.56% |
| AUM, whole scheme (₹ crore) | 699 | 175 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.1% | 4.6% TRI |
| Return, 3 years (AMFI) | 13.1% | 13.7% TRI |
Official benchmark: Nifty Midcap 150 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Index Fund Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -2.6% | n/a | – |
| 2025 | 5.5% | n/a | – |
| 2024 | 23.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,148 | -2.8% |
| 3 years | ₹3,60,000 | ₹3,89,616 | 5.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: Index Fund
Plan / option: Direct · Growth
AMFI scheme code: 151724
ISIN: INF179KC1GC8
First NAV in MFIC data: 21 Apr 2023
History: 3.4 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund | Index Fund | 1.00 | 12.8% |
| SBI Nifty Midcap 150 Index Fund | Index Fund | 1.00 | 12.8% |
| Motilal Oswal Nifty Midcap 150 Index Fund | Index Fund | 1.00 | 13.1% |
| Nippon India Nifty Midcap 150 Index Fund | Index Fund | 1.00 | 12.9% |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | Index Fund | 1.00 | 13.0% |
| Bandhan Nifty Midcap 150 Index Fund | Index Fund | 1.00 | n/a |
Questions about HDFC NIFTY Midcap 150 Index Fund
- What is the latest NAV of HDFC NIFTY Midcap 150 Index Fund?
- The NAV of the Direct plan (growth option) was ₹18.4957 on 2 Oct 2026, as published by AMFI.
- Which category is HDFC NIFTY Midcap 150 Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 265 Index Fund schemes (Direct plans).
- What returns has HDFC NIFTY Midcap 150 Index Fund delivered?
- Over one year the NAV changed by 2.2%. The 3-year CAGR is 12.8% (category median 8.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 19.2%, the lowest was 12.8%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HDFC NIFTY Midcap 150 Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 21.1%.
- How volatile is HDFC NIFTY Midcap 150 Index Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 18.3%, which is above the Index Fund category median of 17.3%.
- What would a monthly SIP in HDFC NIFTY Midcap 150 Index Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,89,616 on 2 Oct 2026, an annualised return (XIRR) of 5.2%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- How large is HDFC NIFTY Midcap 150 Index Fund?
- Assets under management of the whole scheme were ₹699 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC NIFTY Midcap 150 Index Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC NIFTY Midcap 150 Index Fund and how has it compared?
- Its official benchmark is the Nifty Midcap 150 TRI. Over 3 years AMFI reports a return of 13.1% for this plan against 13.7% for the benchmark total return index. Past performance does not indicate future results.
- Who manages HDFC NIFTY Midcap 150 Index Fund?
- According to its Scheme Summary Document, HDFC NIFTY Midcap 150 Index Fund is managed by FM 1 (since 29 Mar 2025), FM 2 (since 21 Apr 2023).
- What is the minimum investment in HDFC NIFTY Midcap 150 Index Fund?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 2.2% and the Regular plan's by 1.7%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.