Which funds are similar to Navi Nifty Midcap 150 Index Fund Direct-Growth?
Funds similar to Navi Nifty Midcap 150 Index Fund Direct-Growth in the Equity: Mid Cap category include HDFC Mid Cap Fund Direct-Growth, Kotak Midcap Fund Direct-Growth, and Nippon India Growth Mid Cap Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Navi Nifty Midcap 150 Index Fund Direct-Growth in its category?
On a 3-year return basis Navi Nifty Midcap 150 Index Fund Direct-Growth is ranked 26 out of 37 funds in the Equity: Mid Cap category as of 16 Jul 2026. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Navi Nifty Midcap 150 Index Fund Direct-Growth's expense ratio compare to similar funds?
Navi Nifty Midcap 150 Index Fund Direct-Growth has an expense ratio of 0.33%. The peers HDFC Mid Cap Fund Direct-Growth has an expense ratio of 0.75% and Kotak Midcap Fund Direct-Growth has 0.50%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Navi Nifty Midcap 150 Index Fund Direct-Growth's AUM compare to similar funds?
Navi Nifty Midcap 150 Index Fund Direct-Growth has an AUM of ₹389.17 crore. The peers HDFC Mid Cap Fund Direct-Growth has an AUM of ₹1,00,858 crore and Kotak Midcap Fund Direct-Growth has ₹67,611 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: Mid Cap?
The top performing fund in the Equity: Mid Cap category on a 3-year basis is Invesco India Mid Cap Fund Direct-Growth with a CAGR of 26.20% as of 16 Jul 2026. Navi Nifty Midcap 150 Index Fund Direct-Growth has delivered 19.13% CAGR over the same period, ranking 26 out of 37 funds. You can view and compare the full category ranking on sharpely.
How does Navi Nifty Midcap 150 Index Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Navi Nifty Midcap 150 Index Fund Direct-Growth has a Sharpe ratio of 0.76 compared to the Equity: Mid Cap average of 0.79 as of 16 Jul 2026. It ranks 24 out of 37 funds in its category on Sharpe ratio.
