Navi Nifty MidSmallcap 400 Index Fund Direct-Growth
Equity: Mid Cap - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Mid CapBenchmark: NIFTY Mid Small Cap 400 Total Return IndexCheck Portfolio Overlap →
NAV: ₹10.86-0.29%
07 Sept 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 | — | 9.73% | — |
| 3Y Return | — | 16.39% | — |
| 5Y Return | — | 16.30% | — |
| 10Y Return | — | 16.59% | — |
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 0.49%. The peers HDFC Mid Cap Fund Direct-Growth has an expense ratio of 0.74% and Kotak Mid Cap Fund Direct-Growth has 0.52%. 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 ₹11.87 crore. The peers HDFC Mid Cap Fund Direct-Growth has an AUM of ₹1,05,143 crore and Kotak Mid Cap Fund Direct-Growth has ₹69,282.8 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 HSBC Midcap Fund Direct-Growth with a CAGR of 24.57% as of 6 Sep 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.