The current market price of Nippon India ETF Nifty Midcap 150 is ₹227.51. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Nippon India ETF Nifty Midcap 150, managed by Nippon Life India Asset Management Limited, aims to passively track the Nifty Midcap 150 TRI, focusing on midcap equity investments. This ETF employs a replication strategy, investing in securities of the Nifty Midcap 150 Index in the same proportions, ensuring close tracking of its benchmark performance. The fund's portfolio is concentrated in banks and pharmaceuticals, with the top sectors including Banks (9.51%) and Pharmaceuticals & Biotechnology (6.44%), reflecting a diverse midcap equity exposure. Performance metrics indicate a solid growth trajectory with a 1Y return of +6.8% and a 3Y CAGR of 22.5%, showcasing resilience in various market conditions. With an expense ratio of 0.21% and a fund size of ₹2692.6 Cr, this ETF provides cost-efficient access to midcap equities, managed by experienced fund manager Himanshu Mange.

Nippon India ETF Nifty Midcap 150 is designed to track Nifty Midcap 150 TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Nippon India ETF Nifty Midcap 150 is 0.21%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Nippon India ETF Nifty Midcap 150 is approximately ₹2,801.96. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Nippon India ETF Nifty Midcap 150 is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Nippon India ETF Nifty Midcap 150 is 0.13%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Nippon India ETF Nifty Midcap 150 does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Nippon India ETF Nifty Midcap 150 has delivered the following returns: 1-year return: 20.47%. 3-year return: 92.99%. 5-year return: 159.59%. Past performance does not guarantee future results.

Before investing in Nippon India ETF Nifty Midcap 150, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.