Navi Nifty Midcap 150 Index Fund Direct Growth

Fund Overview

Fund Size

₹194 Cr

Expense Ratio

0.21%

ISIN

INF959L01FX6

Minimum SIP

₹10

Exit Load

No Charges

Inception Date

11 Mar 2022

About this fund

Navi Nifty Midcap 150 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Navi Mutual Fund. This fund has been in existence for 2 years, 5 months and 27 days, having been launched on 11-Mar-22.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹20.48, Assets Under Management (AUM) of 194.00 Crores, and an expense ratio of 0.21%.

Navi Nifty Midcap 150 Index Fund Direct Growth has given a CAGR return of 33.43% since inception.
The fund's asset allocation comprises around 99.73% in equities, 0.00% in debts, and 0.27% in cash & cash equivalents.
You can start investing in Navi Nifty Midcap 150 Index Fund Direct Growth with a SIP of ₹10 or a Lumpsum investment of ₹10.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+43.53%

— (Cat Avg.)

Since Inception

+33.43%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2024

Equity	₹193.48 Cr	99.73%
Others	₹0.52 Cr	0.27%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Suzlon Energy Ltd	Equity	₹4.21 Cr	2.17%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹3.91 Cr	2.02%
Indian Hotels Co Ltd	Equity	₹3.2 Cr	1.65%
Cummins India Ltd	Equity	₹3 Cr	1.55%
Persistent Systems Ltd	Equity	₹2.91 Cr	1.50%
Yes Bank Ltd	Equity	₹2.77 Cr	1.43%
The Federal Bank Ltd	Equity	₹2.74 Cr	1.41%
CG Power & Industrial Solutions Ltd	Equity	₹2.71 Cr	1.40%
Lupin Ltd	Equity	₹2.65 Cr	1.37%
Dixon Technologies (India) Ltd	Equity	₹2.62 Cr	1.35%
Bharat Forge Ltd	Equity	₹2.55 Cr	1.31%
Tube Investments of India Ltd Ordinary Shares	Equity	₹2.53 Cr	1.30%
PB Fintech Ltd	Equity	₹2.51 Cr	1.29%
Coforge Ltd	Equity	₹2.39 Cr	1.23%
HDFC Asset Management Co Ltd	Equity	₹2.37 Cr	1.22%
Bharat Heavy Electricals Ltd	Equity	₹2.33 Cr	1.20%
Aurobindo Pharma Ltd	Equity	₹2.31 Cr	1.19%
JSW Energy Ltd	Equity	₹2.19 Cr	1.13%
Hindustan Petroleum Corp Ltd	Equity	₹2.16 Cr	1.11%
Ashok Leyland Ltd	Equity	₹2.12 Cr	1.09%
Godrej Properties Ltd	Equity	₹2.11 Cr	1.09%
Macrotech Developers Ltd	Equity	₹2.09 Cr	1.08%
Indus Towers Ltd Ordinary Shares	Equity	₹2.08 Cr	1.07%
AU Small Finance Bank Ltd	Equity	₹2.07 Cr	1.06%
PI Industries Ltd	Equity	₹2.04 Cr	1.05%
Voltas Ltd	Equity	₹2.01 Cr	1.04%
Supreme Industries Ltd	Equity	₹1.99 Cr	1.03%
BSE Ltd	Equity	₹1.99 Cr	1.02%
Vodafone Idea Ltd	Equity	₹1.96 Cr	1.01%
Rail Vikas Nigam Ltd	Equity	₹1.94 Cr	1.00%
Phoenix Mills Ltd	Equity	₹1.92 Cr	0.99%
NHPC Ltd	Equity	₹1.88 Cr	0.97%
Polycab India Ltd	Equity	₹1.83 Cr	0.95%
Torrent Power Ltd	Equity	₹1.8 Cr	0.93%
Oil India Ltd	Equity	₹1.78 Cr	0.92%
IDFC First Bank Ltd	Equity	₹1.73 Cr	0.89%
KPIT Technologies Ltd	Equity	₹1.71 Cr	0.88%
Sundaram Finance Ltd	Equity	₹1.68 Cr	0.87%
MRF Ltd	Equity	₹1.66 Cr	0.86%
UPL Ltd	Equity	₹1.65 Cr	0.85%
Container Corporation of India Ltd	Equity	₹1.64 Cr	0.84%
Sona BLW Precision Forgings Ltd	Equity	₹1.6 Cr	0.82%
Petronet LNG Ltd	Equity	₹1.59 Cr	0.82%
NMDC Ltd	Equity	₹1.58 Cr	0.82%
Max Financial Services Ltd	Equity	₹1.56 Cr	0.81%
Astral Ltd	Equity	₹1.55 Cr	0.80%
Alkem Laboratories Ltd	Equity	₹1.53 Cr	0.79%
APL Apollo Tubes Ltd	Equity	₹1.51 Cr	0.78%
Solar Industries India Ltd	Equity	₹1.51 Cr	0.78%
Balkrishna Industries Ltd	Equity	₹1.51 Cr	0.78%
Fortis Healthcare Ltd	Equity	₹1.5 Cr	0.77%
Page Industries Ltd	Equity	₹1.49 Cr	0.77%
FSN E-Commerce Ventures Ltd	Equity	₹1.49 Cr	0.77%
Oracle Financial Services Software Ltd	Equity	₹1.48 Cr	0.77%
Union Bank of India	Equity	₹1.48 Cr	0.76%
Prestige Estates Projects Ltd	Equity	₹1.46 Cr	0.75%
GMR Airports Infrastructure Ltd	Equity	₹1.44 Cr	0.74%
Tata Elxsi Ltd	Equity	₹1.4 Cr	0.72%
KEI Industries Ltd	Equity	₹1.39 Cr	0.72%
Mphasis Ltd	Equity	₹1.38 Cr	0.71%
Jindal Stainless Ltd	Equity	₹1.36 Cr	0.70%
Tata Communications Ltd	Equity	₹1.33 Cr	0.69%
LIC Housing Finance Ltd	Equity	₹1.33 Cr	0.69%
Jubilant Foodworks Ltd	Equity	₹1.32 Cr	0.68%
Steel Authority Of India Ltd	Equity	₹1.27 Cr	0.65%
Oberoi Realty Ltd	Equity	₹1.24 Cr	0.64%
Indian Bank	Equity	₹1.22 Cr	0.63%
Deepak Nitrite Ltd	Equity	₹1.21 Cr	0.62%
Muthoot Finance Ltd	Equity	₹1.14 Cr	0.59%
Coromandel International Ltd	Equity	₹1.12 Cr	0.58%
Thermax Ltd	Equity	₹1.11 Cr	0.57%
Indraprastha Gas Ltd	Equity	₹1.1 Cr	0.57%
Carborundum Universal Ltd	Equity	₹1.09 Cr	0.56%
Mankind Pharma Ltd	Equity	₹1.07 Cr	0.55%
UNO Minda Ltd	Equity	₹1.06 Cr	0.55%
JK Cement Ltd	Equity	₹1.06 Cr	0.55%
Apollo Tyres Ltd	Equity	₹1.05 Cr	0.54%
AIA Engineering Ltd	Equity	₹1.05 Cr	0.54%
Laurus Labs Ltd	Equity	₹1.05 Cr	0.54%
Mahindra & Mahindra Financial Services Ltd	Equity	₹1.03 Cr	0.53%
Bandhan Bank Ltd	Equity	₹1.03 Cr	0.53%
Kalyan Jewellers India Ltd	Equity	₹1.03 Cr	0.53%
Ipca Laboratories Ltd	Equity	₹1.01 Cr	0.52%
ACC Ltd	Equity	₹1.01 Cr	0.52%
Linde India Ltd	Equity	₹1 Cr	0.51%
Tata Chemicals Ltd	Equity	₹1 Cr	0.51%
Schaeffler India Ltd	Equity	₹1 Cr	0.51%
Delhivery Ltd	Equity	₹0.99 Cr	0.51%
Hindustan Zinc Ltd	Equity	₹0.94 Cr	0.49%
Patanjali Foods Ltd	Equity	₹0.93 Cr	0.48%
Biocon Ltd	Equity	₹0.92 Cr	0.48%
Emami Ltd	Equity	₹0.92 Cr	0.47%
One97 Communications Ltd	Equity	₹0.92 Cr	0.47%
Aditya Birla Capital Ltd	Equity	₹0.91 Cr	0.47%
Procter & Gamble Hygiene and Health Care Ltd	Equity	₹0.91 Cr	0.47%
Mazagon Dock Shipbuilders Ltd	Equity	₹0.91 Cr	0.47%
Bank of India	Equity	₹0.89 Cr	0.46%
Abbott India Ltd	Equity	₹0.87 Cr	0.45%
Sundaram Fasteners Ltd	Equity	₹0.86 Cr	0.44%
United Breweries Ltd	Equity	₹0.86 Cr	0.44%
Gland Pharma Ltd	Equity	₹0.85 Cr	0.44%
Syngene International Ltd	Equity	₹0.84 Cr	0.43%
Dalmia Bharat Ltd	Equity	₹0.84 Cr	0.43%
L&T Technology Services Ltd	Equity	₹0.82 Cr	0.42%
L&T Finance Ltd	Equity	₹0.82 Cr	0.42%
Escorts Kubota Ltd	Equity	₹0.79 Cr	0.41%
Zee Entertainment Enterprises Ltd	Equity	₹0.79 Cr	0.41%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹0.77 Cr	0.40%
Bharat Dynamics Ltd Ordinary Shares	Equity	₹0.77 Cr	0.40%
Timken India Ltd	Equity	₹0.76 Cr	0.39%
SKF India Ltd	Equity	₹0.75 Cr	0.39%
Atul Ltd	Equity	₹0.73 Cr	0.37%
Piramal Enterprises Ltd	Equity	₹0.71 Cr	0.37%
Motherson Sumi Wiring India Ltd	Equity	₹0.71 Cr	0.37%
Kajaria Ceramics Ltd	Equity	₹0.7 Cr	0.36%
Honeywell Automation India Ltd	Equity	₹0.69 Cr	0.36%
Grindwell Norton Ltd	Equity	₹0.69 Cr	0.36%
Ajanta Pharma Ltd	Equity	₹0.67 Cr	0.35%
Gujarat Gas Ltd	Equity	₹0.67 Cr	0.35%
Aditya Birla Fashion and Retail Ltd	Equity	₹0.66 Cr	0.34%
Dr. Lal PathLabs Ltd	Equity	₹0.65 Cr	0.34%
GlaxoSmithKline Pharmaceuticals Ltd	Equity	₹0.64 Cr	0.33%
3M India Ltd	Equity	₹0.64 Cr	0.33%
CRISIL Ltd	Equity	₹0.61 Cr	0.31%
General Insurance Corp of India	Equity	₹0.61 Cr	0.31%
Ramco Cements Ltd	Equity	₹0.6 Cr	0.31%
SJVN Ltd	Equity	₹0.6 Cr	0.31%
Poonawalla Fincorp Ltd	Equity	₹0.59 Cr	0.30%
Star Health and Allied Insurance Co Ltd	Equity	₹0.59 Cr	0.30%
Bata India Ltd	Equity	₹0.59 Cr	0.30%
Endurance Technologies Ltd	Equity	₹0.52 Cr	0.27%
Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent	Cash	₹0.52 Cr	0.27%
Bayer CropScience Ltd	Equity	₹0.5 Cr	0.26%
JSW Infrastructure Ltd	Equity	₹0.49 Cr	0.25%
Lloyds Metals & Energy Ltd	Equity	₹0.47 Cr	0.24%
K.P.R. Mill Ltd	Equity	₹0.44 Cr	0.23%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹0.43 Cr	0.22%
Sun TV Network Ltd	Equity	₹0.43 Cr	0.22%
Tata Technologies Ltd	Equity	₹0.42 Cr	0.22%
The New India Assurance Co Ltd	Equity	₹0.42 Cr	0.21%
Devyani International Ltd	Equity	₹0.41 Cr	0.21%
Vedant Fashions Ltd	Equity	₹0.4 Cr	0.21%
The Fertilizers & Chemicals Travancore Ltd	Equity	₹0.38 Cr	0.20%
Bank of Maharashtra	Equity	₹0.38 Cr	0.20%
Sumitomo Chemical India Ltd Ordinary Shares	Equity	₹0.37 Cr	0.19%
ICICI Securities Ltd	Equity	₹0.36 Cr	0.19%
Kansai Nerolac Paints Ltd	Equity	₹0.36 Cr	0.18%
Godrej Industries Ltd	Equity	₹0.33 Cr	0.17%
IDBI Bank Ltd	Equity	₹0.32 Cr	0.16%
Adani Wilmar Ltd	Equity	₹0.31 Cr	0.16%
Metro Brands Ltd	Equity	₹0.23 Cr	0.12%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹42.47 Cr	21.89%
Financial Services	₹33.86 Cr	17.45%
Consumer Cyclical	₹24.22 Cr	12.49%
Basic Materials	₹23.29 Cr	12.01%
Healthcare	₹20.48 Cr	10.56%
Technology	₹16.05 Cr	8.27%
Real Estate	₹8.82 Cr	4.55%
Utilities	₹8.24 Cr	4.25%
Communication Services	₹6.59 Cr	3.40%
Energy	₹5.52 Cr	2.85%
Consumer Defensive	₹3.93 Cr	2.03%

Risk & Performance Ratios

Fund Managers

Aditya Mulki

Since March 2022

Ashutosh Shirwaikar

Since August 2023

Additional Scheme Detailsas of 31st July 2024

ISIN

INF959L01FX6

Expense Ratio

0.21%

Exit Load

No Charges

Fund Size

₹194 Cr

Age

11 Mar 2022

Lumpsum Minimum

₹10

Fund Status

Open Ended Investment Company

Benchmark

Nifty Midcap 150 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹539.42 Cr	45.5%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹539.42 Cr	44.6%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹397.46 Cr	61.6%
SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹587.30 Cr	42.9%
DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹1683.73 Cr	39.1%
SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹1000.66 Cr	49.6%
SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹587.30 Cr	43.7%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹397.46 Cr	62.6%
DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹1683.73 Cr	39.9%
SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹1000.66 Cr	48.7%

About the AMC

Navi Mutual Fund

033-40185000/022-40635000

https://navi.com/mutual-fund

Total AUM

₹6,712 Cr

Address

3rd Floor, Kolkata, 700 069

Other Funds by Navi Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Navi S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹10.94 Cr	24.3%
Navi Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹82.09 Cr	6.9%
Navi Regular Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹35.70 Cr	11.8%
Navi NASDAQ 100 Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹957.78 Cr	23.9%
Navi Nifty IT Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Navi Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹194.00 Cr	43.5%
Navi Flexi Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹276.99 Cr	27.5%
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹63.71 Cr	27.8%
Navi Equity Hybrid Fund Direct Growth Very High Risk	0.4%	0.0%	₹110.61 Cr	25.9%
Navi ELSS Tax Saver Fund Direct Growth Very High Risk	0.4%	0.0%	₹67.21 Cr	29.1%
Navi Nifty Bank Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹543.73 Cr	14.6%
Navi Nifty Next 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹879.18 Cr	63.7%
Navi Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹10.04 Cr	6.4%
Navi Large & Midcap Fund Direct Growth Very High Risk	0.3%	0.0%	₹324.59 Cr	28.1%
Navi Nifty India Manufacturing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹48.33 Cr	50.3%
Navi Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹2316.20 Cr	27.9%
Navi US Total Stock Market Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹931.81 Cr	23.9%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Navi Nifty Midcap 150 Index Fund Direct Growth?

The NAV of Navi Nifty Midcap 150 Index Fund Direct Growth, as of 06-Sep-2024, is ₹20.48.

What is the portfolio composition of Navi Nifty Midcap 150 Index Fund Direct Growth?

The fund's allocation of assets is distributed as 99.73% in equities, 0.00% in bonds, and 0.27% in cash and cash equivalents.

Who manages the Navi Nifty Midcap 150 Index Fund Direct Growth?

The fund managers responsible for Navi Nifty Midcap 150 Index Fund Direct Growth are:-

Aditya Mulki
Ashutosh Shirwaikar

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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