
The current market price of Zerodha Nifty Midcap 150 ETF is ₹11.29. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Zerodha Nifty Midcap 150 ETF by Zerodha Asset Management is an Equity Passive scheme aiming to replicate the Nifty Midcap 150 Index total return through proportional index weight replication faithfully. Strategy centers on full proportional replication of Nifty Midcap 150 Index-TRI, targeting index-matched weights with minimal active deviation, demonstrated by a tracking error of 0.0% and transparent passive execution approach. Portfolio tilts toward midcap industries with Banks largest at 9.8%; top holding BSE Limited at 2.8%, followed by Hero MotoCorp 1.9% and Persistent Systems 1.8%, indicating moderate concentration risk characteristics. Performance shows 1Y: +9.3% with no multi-year CAGRs available; low tracking error of 0.0% supports tight index linkage, implying performance predominantly mirrors benchmark returns over measured period given data scope. Operationally ETF had AUM ₹169.3 Cr as on Dec 2025 with monthly average ₹160.2 Cr and quarterly average ₹146.9 Cr, expense ratio 0.2% and manager Kedarnath Mirajkar since Jun 2024.
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 0.21%. 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 Zerodha Nifty Midcap 150 ETF is approximately ₹169.34. 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 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 Zerodha Nifty Midcap 150 ETF is 0.04%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Zerodha Nifty Midcap 150 ETF 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, Zerodha Nifty Midcap 150 ETF has delivered the following returns: 1-year return: 8.87%. 3-year return: 10.15%. 5-year return: 10.15%. 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
| Company | Weightage (%) |
| BSE Limited | 2.79% |
| Hero MotoCorp Limited | 1.94% |
| Persistent Systems Ltd | 1.77% |
| The Federal Bank Limited | 1.71% |
| Suzlon Energy Ltd | 1.66% |
| PB FINTECH LTD | 1.62% |
| Cummins India Ltd | 1.56% |
| IndusInd Bank Limited | 1.48% |
| IDFC First Bank Limited | 1.47% |
| AU Small Finance Bank Limited | 1.46% |
169
0.21%
0.04%
—
Moderate Risk
0.16
—
9.65
11.53
0.986
VERY HIGH
Bullish
56.58
10.87
10.83
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
VERY HIGH
Liquidity
NEUTRAL
Consistency
POOR
11.29
▲ 0.00%
24.87
▼ 0.08%
10.21
▲ 0.29%
114.21
▲ 0.04%
29.70
▲ 0.61%
26.83
▲ 0.37%
10.34
▼ 0.10%
9.47
▲ 0.32%

AUM
₹ 169 Cr
Expense Ratio
0.21%
Bearish
2
Neutral
8
Bullish
4
Bearish
2
Neutral
10
Bullish
34
Bearish
0
Neutral
2
Bullish
30