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Groww Nifty Midcap 150 Index Fund Growth
NAV: 12 Mar '26
₹9.29
Min. for SIP
Not Supported
Fund size
₹12.40 Cr
Expense ratio
1.00%
Holdings (150)
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -4.7% | -4.7% | -- | -5.3% |
| Category average (Equity Mid Cap) | -- | -- | -- | -- |
| Rank (Equity Mid Cap) | 35 | 35 | -- | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Nippon India Growth Mid Cap Fund Growth | +18.05% | +24.37% | 43,982.51 | |
WhiteOak Capital Mid Cap Fund Growth | +16.11% | +24.13% | 4,694.85 | |
Edelweiss Mid Cap Fund Growth | +16.80% | +23.85% | 14,355.22 | |
HDFC Mid Cap Fund Growth | +16.45% | +23.43% | 94,256.90 | |
Sundaram Mid Cap Fund Growth | +16.07% | +22.84% | 13,235.50 | |
| Compare | ||||
Fund management
NSNikhil SatamOct 2025 - PresentView details
NS
Nikhil Satam
Oct 2025 - Present
View details
AACAakash Ashokkumar ChauhanOct 2025 - PresentView details
AAC
Aakash Ashokkumar Chauhan
Oct 2025 - Present
View details
SKShashi KumarOct 2025 - PresentView details
SK
Shashi Kumar
Oct 2025 - Present
View details
About Groww Nifty Midcap 150 Index Fund Growth
Groww Nifty Midcap 150 Index Fund Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Nikhil Satam is the Current Fund Manager of Groww Nifty Midcap 150 Index Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,262 Cr and the Latest NAV as of 12 Mar 2026 is ₹9.29.
The Groww Nifty Midcap 150 Index Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹500.
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Investment Objective
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty Midcap 150 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Midcap 150 Index, subject to tracking errors.
Fund benchmarkNIFTY Midcap 150 Total Return Index
Fund house
Rank (total assets)#41 in India
Total AUM₹4,261.91 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,