Nifty Midcap 150 — Mutual Fund Term Explained

The 150 companies ranked 101-250 by market cap. Standard benchmark for mid cap mutual funds.

Nifty Midcap 150 tracks companies ranked 101st to 250th by full market capitalisation on NSE. The most commonly used benchmark for mid cap mutual funds.

Related terms

• Mid Cap Fund — A fund investing at least 65% in companies ranked 101-250 by market cap. Higher return potential than large cap but significantly more volatile.
• Benchmark — The market index a fund is compared against. A fund manager must beat the benchmark consistently to justify active management fees.
• Nifty 50 — India's benchmark stock market index tracking the 50 largest NSE-listed companies. Primary reference point for large cap equity returns.

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