
23.36
▲ 0.09%
116.04
▲ 0.00%
30.38
▲ 0.07%
10.39
▲ 0.97%
11.56
▲ 0.87%
23.81
▼ 0.04%
9.38
▲ 0.00%
11.37
▲ 0.62%
257
0.18%
0.08%
45.0
Moderate Risk
0.16
1.01%
9.65
12.15
1.003
—
Bullish
53.07
11.62
11.29
The current market price of Zerodha Nifty Midcap 150 ETF is ₹11.56. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Zerodha Nifty Midcap 150 ETF from Zerodha Asset Management Private Limited employs a passive replication to track the Nifty Midcap 150 Index-TRI, aiming benchmark-equivalent returns subject to tracking error principally. The fund implements index-proportional replication to closely track the Nifty Midcap 150 Index-TRI, leveraging low active drift, with a measured tracking error of 0.1% indicating tight replication efficiency and transparency. The portfolio mirrors the Nifty Midcap 150 Index constituents in index weights, providing broad midcap exposure across 150 stocks and delivering diversification within the midcap segment while retaining concentration balance. One year performance reads 1Y: +10.1%, showing alignment with the midcap benchmark and consistent replication given a low tracking error of 0.1%, while multi year CAGR data remains unavailable presently. The ETF carries expense ratio 0.2% with AUM ₹256.6 Cr (Mar 2026), monthly average ₹254.9 Cr, quarterly average ₹193.7 Cr; managed by Kedarnath Mirajkar since Jun 2024, 20 years' experience.
Zerodha Nifty Midcap 150 ETF is designed to track Nifty Midcap 150 Index-TRI, allowing investors to gain exposure to its underlying securities through a single investment.
The expense ratio of Zerodha Nifty Midcap 150 ETF is 0.18%. 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 Zerodha Nifty Midcap 150 ETF is approximately ₹256.63. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.
Zerodha Nifty Midcap 150 ETF is classified under the as per the risk-o-meter defined by the fund house 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 Zerodha Nifty Midcap 150 ETF is 0.08%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Zerodha Nifty Midcap 150 ETF has a dividend yield of 1.01%. Dividend treatment depends on the ETF structure and fund house policy.
Based on available data, Zerodha Nifty Midcap 150 ETF has delivered the following returns: 1-year return: 6.74%. 3-year return: 12.78%. 5-year return: 12.78%. Past performance does not guarantee future results.
Before investing in Zerodha Nifty Midcap 150 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.
Allocation

AUM
₹ 257 Cr
Expense Ratio
0.18%
Bearish
3
Neutral
8
Bullish
3
Bearish
15
Neutral
8
Bullish
23
Bearish
12
Neutral
0
Bullish
20
Bearish
3
Neutral
8
Bullish
3
Bearish
3
Neutral
8
Bullish
3
Bearish
12
Neutral
0
Bullish
20
Bearish
12
Neutral
0
Bullish
20
Bearish
12
Neutral
0
Bullish
20
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
GOOD
Consistency
NEUTRAL