Nippon India Nifty Midcap 150 Index Fund Regular Growth is a mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 19 February 2021 and is managed by Himanshu Mange. As of 15 October 2026, the fund has an AUM of ₹2,675.01 Cr and its latest NAV is ₹24.46. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹100.
The fund primarily invests in Financial Services, Industrials, and Healthcare and its top holdings include BSE Ltd, Multi Commodity Exchange of India Ltd, The Federal Bank Ltd, Laurus Labs Ltd, and One97 Communications Ltd. The fund has delivered 0.9% returns over the last 1 year, 12.6% annualised returns over 3 years, 12.2% annualised returns over 5 years, and 17.2% annualised returns since inception.
Nippon India Nifty Midcap 150 Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






