Primarily market-linked growth exposure
To achieve return equivalent to Nifty Midcap 150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity & Equity related securities covered by Nifty Midcap 150– 95 to 100%; Debt & Money Market Instruments– 0 to 5%
- SEBI category
- Open Ended Schemes(Other Scheme - Index Funds)
- Fund type
- Open Ended
- Primary benchmark
- Nifty Midcap 150 Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Aditya Mulki · Mr. Ashutosh Shirwaikar
- Manager tenure on this scheme
- Mr. Aditya Mulki — since 17 March 2022 · Mr. Ashutosh Shirwaikar — since 1 August 2023
- Role / co-management
- Mr. Aditya Mulki — Equity · Mr. Ashutosh Shirwaikar — Equity
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Navi Nifty Midcap 150 Index Fund | ₹21.9541 | 04 Sep 2026 |
| Navi Nifty Midcap 150 Index Fund | ₹21.1392 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- 0.99880000000000002
- Exit load
- NIL
- Minimum application
- 10 · multiples of 1
- SIP frequency
- Refer to the current official scheme document.
- Minimum SIP amount
- Refer to the current official scheme document.
- Minimum instalments
- Refer to the current official scheme document.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.