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NIP ETF Midcap 150

MID150BEES

₹212.19-₹1.51 (-0.71%) TodayLast updated on 05 Nov, 2024 | 12:56 IST

NIP ETF Midcap 150 Chart

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ETF is trading at a premiumMarket price ₹212.19 is higher than iNAV ₹211.79
👎 Be cautious, the ETF is expensive right now
  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹215.99
Close
₹213.70
Volume
2,23,134
Avg. traded
₹212.55
Circuit range
₹170.96 - ₹256.44
Day range
₹210.01 - ₹215.99
Year range
₹148.65 - ₹235.65
AUM
₹1,752.17 Cr

Managers

Himanshu Mange
Launch Date
31 Jan 2019
NIP ETF Midcap 150

About Nippon India ETF Nifty Midcap 150

  • The MID150BEES or Nippon India ETF Nifty Midcap 150 is an open-ended scheme that aims to track the performance of the Nifty Midcap 150 Index.
  • This index includes 150 midcap stocks listed on the NSE of India, representing a range of sectors and industries.
  • The MID150BEES ETF is managed by Nippon India management company.
  • Nippon India ETF Nifty Midcap 150 was launched on January 31, 2019.
  • The total assets under management of the ETF stood at ₹1,840 crore as of July 31, 2024.
  • Himanshu Mange is the fund manager of Nippon India ETF Nifty Midcap 150.
  • The ETF units are listed on both NSE and BSE. Retail investors can buy units through a broker and can also buy directly from the demat account of their choice.

Investment Objective & Benchmark

  • The objective of Nippon India ETF Nifty Midcap 150 is to mirror the performance of the Nifty Midcap 150 Index providing investors with exposure to a diversified portfolio of midcap stocks in India.
  • The ETF is benchmarked against the Midcap 150 Index TRI.
  • The ETF tracks a broad index, with stakes in technology, pharmaceuticals, financial services and consumer goods offering sectoral diversification.
  • The index includes 150 midcap businesses with market capitalisations ranging from the lower 50th to 75th percentile of all listed equities.
  • The ETF offers diverse exposure to midcap stocks which have better growth rates than large-cap corporations. However, midcap stocks are more volatile and risky.
  • The ETF brings a unique way for investors to gain access to midcap companies, which can offer potential growth opportunities while also diversifying your investment beyond large-cap stocks.
  • Nippon India ETF Nifty Midcap 150 may be excellent for investors wishing to diversify their portfolio with midcap stocks, which have the potential for stronger growth than large-cap stocks but are more volatile.

Asset allocation and Portfolio Composition

  • The ETF invests in companies across market capitalisations around 3.91% in giant cap, 15.46% in large cap, 73.76% in mid-cap and 6.87% in small cap.
  • The fund allocation of Nippon India ETF Nifty Midcap 150 comprises 99.85% in equity and 0.15% in cash and cash equivalent.

Sector-wise allocation of funds comprises:

  • Industrial Products: 8.02%
  • Auto Components: 7.96%
  • Banks: 7.64%
  • Pharmaceuticals & Biotechnology: 6.98%
  • IT - Software: 5.79%
  • Electrical Equipment: 5.33%
  • Realty: 4.54%
  • Finance: 4.53%
  • Consumer Durables: 3.88%
  • Healthcare Services: 3.54%

Top 10 holding of stocks comprises around 15.78% of ETF:

  • Suzlon Energy Limited: 2.17%
  • Max Healthcare Institute Limited: 2.01%
  • The Indian Hotels Company Limited: 1.64%
  • Cummins India Limited: 1.54%
  • Persistent Systems Limited: 1.49%
  • Yes Bank Limited: 1.42%
  • Federal Bank Limited: 1.41%
  • CG Power and Industrial Solutions Limited: 1.39%
  • Lupin Limited: 1.36%
  • Dixon Technologies (India) Limited: 1.35%

Since its inception, the Nippon India ETF Nifty Midcap 150 has given an annualised return of 27.04%.
In a single year, the ETF has given a return of 55.08% compared to its benchmarked index’s 55.35%.

Key indicators

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Tracking index
NIFTY MIDCAP 150

Expense Ratio

0.21%
Tracking error
0.06%

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Investment checklist: (2/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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NIP ETF Midcap 150 Shareholder returns

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1 day
-1.98%
1 week
+0.34%
1 month
-5.20%
3 months
-3.39%
1 year
+40.81%
3 years
+79.49%
5 years
+242.52%

NIP ETF Midcap 150 Price history

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DayOpenCloseChange %
Mon, Nov 4 2024
₹220.99
₹213.70
-1.98%
Fri, Nov 1 2024
₹217.99
₹218.01
+1.40%
Thu, Oct 31 2024
₹218.99
₹215.00
-0.08%
Wed, Oct 30 2024
₹216.97
₹215.17
+0.28%
Tue, Oct 29 2024
₹214.90
₹214.56
+0.74%
Mon, Oct 28 2024
₹210.01
₹212.98
+0.58%
Fri, Oct 25 2024
₹216.89
₹211.75
-1.70%
Thu, Oct 24 2024
₹218.99
₹215.41
-0.13%

Frequently asked questions