Zerodha Nifty Midcap 150 ETF

The Zerodha Nifty Midcap 150 ETF, managed by Zerodha Asset Management, aims to replicate the Nifty Midcap 150 Total Return Index, focusing on passive investment in midcap stocks.

Utilizing a passive investment strategy, this ETF closely tracks the Nifty Midcap 150 Index, ensuring that its performance aligns with the total return of the benchmark.

The fund's portfolio is heavily concentrated in equity, with 99.9% allocation, featuring top holdings like MAX Healthcare and BSE Limited, indicating sector-specific risks.

In the past year, the ETF achieved a return of +9.6%, with a minimal tracking error of 0.04%, reflecting strong performance consistency relative to its benchmark.

With an AUM of ₹112.9 Cr and an expense ratio of just 0.21%, the fund offers efficient management under Mr. Kedarnath Mirajkar, enhancing its attractiveness for investors.