Nifty Midcap 150 Index Funds Compared
Every Nifty Midcap 150 Index mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 6 Nifty Midcap 150 Index funds with at least 3 years of NAVs. Over 3 years their direct plans returned a median 13.2% a year. The highest 3-year return was Motilal Oswal Nifty Midcap 150 Index Fund at 13.5% a year.
All Nifty Midcap 150 Index funds, ranked by 3-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) |
|---|---|---|---|---|---|---|---|---|
| 1 | Motilal Oswal Nifty Midcap 150 Index Fund | 4.4% | 13.5% | 14.5% | — | 13.7% | 14.0% | 0.35% |
| 2 | Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 4.2% | 13.4% | 14.4% | — | 13.7% | 13.9% | 0.45% |
| 3 | Nippon India Nifty Midcap 150 Index Fund | 4.3% | 13.3% | 14.3% | — | 13.7% | 13.8% | 0.37% |
| 4 | SBI Nifty Midcap 150 Index Fund | 4.3% | 13.2% | — | — | — | — | 0.47% |
| 5 | ICICI Prudential Nifty Midcap 150 Index Fund | 4.3% | 13.2% | — | — | — | — | 0.35% |
| 6 | HDFC Nifty Midcap 150 Index Fund | 4.1% | 13.2% | — | — | — | — | 0.34% |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which Nifty Midcap 150 Index fund has given the highest returns?
Over the 3 years to 30 Sep 2026, Motilal Oswal Nifty Midcap 150 Index Fund (direct plan) at 13.5% a year. Past returns do not predict future ones.
What is the average return of Nifty Midcap 150 Index funds?
The median direct plan returned 13.2% a year over 3 years to 30 Sep 2026.