Navi Nifty MidSmallcap 400 Index Fund Direct-Growth
Equity: Mid Cap - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Mid CapBenchmark: NIFTY Mid Small Cap 400 Total Return IndexCheck Portfolio Overlap →
NAV: ₹9.9-0.90%
22 Oct 2026
Similar Funds
Side-by-side comparison of Navi Nifty MidSmallcap 400 Index Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | — | -2.62% | — |
| 3Y Return | — | 13.39% | — |
| 5Y Return | — | 13.33% | — |
| 10Y Return | — | 15.22% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Equity: Mid Cap
Top funds by AUM in the Equity: Mid Cap category — see how Navi Nifty MidSmallcap 400 Index Fund Direct-Growth compares on size and returns.
Frequently Asked Questions
Which funds are similar to Navi Nifty MidSmallcap 400 Index Fund Direct-Growth?
Funds similar to Navi Nifty MidSmallcap 400 Index Fund Direct-Growth in the Equity: Mid Cap category include HDFC Mid Cap Fund Direct-Growth, Kotak Mid Cap 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 MidSmallcap 400 Index Fund Direct-Growth in its category?
The category rank of Navi Nifty MidSmallcap 400 Index Fund Direct-Growth is shown in the Trailing Returns section above.
How does Navi Nifty MidSmallcap 400 Index Fund Direct-Growth's expense ratio compare to similar funds?
Navi Nifty MidSmallcap 400 Index Fund Direct-Growth has an expense ratio of 0.52%. The peers HDFC Mid Cap Fund Direct-Growth has an expense ratio of 0.74% and Kotak Mid Cap Fund Direct-Growth has 0.55%. 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 MidSmallcap 400 Index Fund Direct-Growth's AUM compare to similar funds?
Navi Nifty MidSmallcap 400 Index Fund Direct-Growth has an AUM of ₹12.4 crore. The peers HDFC Mid Cap Fund Direct-Growth has an AUM of ₹1,01,856 crore and Kotak Mid Cap Fund Direct-Growth has ₹66,613.3 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 20.27% as of 21 Oct 2026. Navi Nifty MidSmallcap 400 Index Fund Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.
How does Navi Nifty MidSmallcap 400 Index Fund Direct-Growth rank in risk-adjusted returns vs peers?
The Sharpe ratio of Navi Nifty MidSmallcap 400 Index Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.