| Launch date | 21 Feb 2022 |
| Allotment date | 11 Mar 2022 |
| End date | 07 Mar 2022 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.26%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (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%.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Aditya Venkatesh MulkiMar 2022 - PresentView details
Ashutosh ShirwaikarAug 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #36 in India |
|---|---|
| Total AUM | ₹9,055.01Cr |
| Date of Incorporation | 04 Dec 2009 |
|---|
Navi Nifty Midcap 150 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 04 Dec 2009. Pranav Vasa is the Current Fund Manager of Navi Nifty Midcap 150 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,055 Cr and the Latest NAV as of 19 Dec 2025 is ₹20.94. The Navi Nifty Midcap 150 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
Investment Objective
The scheme seeks to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error. ;
| Fund benchmark | NIFTY Midcap 150 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
WhiteOak Capital Mid Cap Fund Direct Growth | 5 | 5.5% | 27.1% | 4,075.13 |
Edelweiss Mid Cap Direct Plan Growth | 5 | 2.6% | 26.4% | 12,646.93 |
Motilal Oswal Midcap Fund Direct Growth | 5 | -10.8% | 25.8% | 38,002.68 |
HDFC Mid Cap Fund Direct Growth | 5 | 6.3% | 25.8% | 92,168.85 |
Nippon India Growth Mid Cap Fund Direct Growth | 4 | 2.1% | 24.7% | 42,041.60 |