NIFTY 50▼23,925.70
-69.65 (-0.29%)
SENSEX▼78,547.66
-234.58 (-0.30%)
NIFTY BANK▼51,118.85
-96.40 (-0.19%)
TATA MOTORS▲827.95
3.85 (0.47%)
SUZLON ENERGY▲66.63
0.31 (0.47%)
TATA STEEL▲151.50
4.55 (3.10%)
INDIAN RAILWAY FINANCE CORP▼150.06
-3.18 (-2.08%)
TATA POWER▲429.65
0.60 (0.14%)
RAIL VIKAS NIGAM▲448.05
1.85 (0.41%)
RELIANCE INDUSTRIES▼1,292.80
-9.35 (-0.72%)
VODAFONE IDEA▲8.09
0.21 (2.66%)
ZOMATO▼241.01
-4.07 (-1.66%)
RELIANCE POWER▼41.98
-0.05 (-0.12%)
INDIAN RENEWABLE ENERGY▼204.34
-1.04 (-0.51%)
ADANI POWER▲585.60
0.60 (0.10%)
YES BANK▲20.41
0.08 (0.39%)
STATE BANK OF INDIA▲831.80
1.95 (0.23%)
NHPC▼79.98
-3.32 (-3.99%)
HDFC BANK▲1,715.05
0.95 (0.06%)
OLA ELECTRIC MOBILITY LTD▼75.19
-5.65 (-6.99%)
JIO FIN SERVICES LTD▲320.55
0.70 (0.22%)
INDIAN OIL CORP▼138.60
-0.33 (-0.24%)
BHARAT ELECTRONICS▼279.35
-4.80 (-1.69%)
GTL INFRA▲2.17
0.06 (2.84%)
MRF▼1,18,205.60
-2671.15 (-2.21%)
ADANI PORT & SEZ▼1,306.10
-43.15 (-3.20%)
JAIPRAKASH POWER VENTURES▼17.78
-0.10 (-0.56%)
ITC▼478.30
-6.30 (-1.30%)
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
Please wait...
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
About
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 | ManagersHimanshu 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
Tracking index NIFTY MIDCAP 150 |
Expense Ratio0.21% |
Tracking error 0.06% |
Learn more
Investment checklist: (2/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
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
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
Please wait...
Learn more
NIP ETF Midcap 150 Price history
Day | Open | Close | Change % |
---|---|---|---|
Mon, Nov 4 2024 | ₹220.99 | ₹213.70 | -1.98% |
Fri, Nov 1 2024 | ₹217.99 | ₹218.01 | |
Thu, Oct 31 2024 | ₹218.99 | ₹215.00 | -0.08% |
Wed, Oct 30 2024 | ₹216.97 | ₹215.17 | |
Tue, Oct 29 2024 | ₹214.90 | ₹214.56 | |
Mon, Oct 28 2024 | ₹210.01 | ₹212.98 | |
Fri, Oct 25 2024 | ₹216.89 | ₹211.75 | -1.70% |
Thu, Oct 24 2024 | ₹218.99 | ₹215.41 | -0.13% |
Composition
What's in fund
1/28
More