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Zerodha Nifty Midcap 150 ETF NFO: Review, Opening Date & NAV

Zerodha Nifty Midcap 150 ETF - NFO Overview
Fund Overview
The Objective of the Fund
Peers of Zerodha Nifty Midcap 150 ETF - NFO
Risk Factors in Such Funds
Past Performance of Equity, Sectoral / Thematic Funds
Zerodha Nifty Midcap 150 ETF NFO - Who can invest
Zerodha Nifty Midcap 150 ETF NFO - Growth Fund Managers
Conclusion

Are you interested in investing in mid-sized companies but unsure which ones to choose? If so, this scheme could be the ideal option for you. The Zerodha Nifty Midcap 150 ETF allows you to invest in 150 mid-sized companies in India, offering a potential for profit through diversified exposure. In this article, we will provide detailed information about the scheme to help you make an informed investment decision.

Zerodha Nifty Midcap 150 ETF - NFO Overview

The Zerodha Nifty Midcap 150 ETF is ideal for investors looking to invest in both equity and debt-related instruments. With no lock-in period, this fund enables investors to diversify their portfolios by investing in the mid size companies of India.

Starting from May 27, 2024, and ending on June 7, 2024, the fund will invest in a diversified portfolio, including Equities and equity related securities covered by Nifty Midcap 150 Index TRI and debt-related instruments.

Fund Overview

The Zerodha Nifty Midcap 150 ETF-NFO holds an AUM totalling Rs. 1,312.47 crores. This fund has a stamp duty of 0.005% (From July 1st 2020). The minimum investment required is Rs 1000.

Start Date	27 May 2024
End Date	7 June 2024
VRO rating	-
Expense ratio	NA
Exit load	Nil
AUM (Fund size)	Rs. 1,312.47cr
Lock-in	No Lockin
Stamp Duty	0.005% (From July 1st 2020)
Benchmark Index	Nifty Midcap 150 Total Return Index
Min. investment	Rs. 1000
Risk	Very High

The Objective of the Fund

The investment objective of the scheme is to invest in stocks included in the Nifty Midcap 150 Index in the same proportion as the index, aiming to achieve returns equivalent to the Total Return Index of the Nifty Midcap 150 Index (subject to tracking error).

Asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows:

Types of Instruments	Minimum Allocation (% of Net Assets)	Maximum Allocation (% of Net Assets)	Risk Profile
Equities and equity related securities covered by Nifty Midcap 150 Index TRI	95	100	Very High
Debt and Money Market Instruments, cash and cash equivalents	0	5	Low to Moderate

Peers of Zerodha Nifty Midcap 150 ETF - NFO

Equity, Sectoral / Thematic Funds	1Y Return	3Y Return	AUM (Cr)
Quant Mid Cap Fund-Growth	73.49	32.55	6,920.17
Motilal Oswal Midcap Fund Regular-Growth	52.24	35.71	9,819.09
Nippon India Growth Fund - Growth	57.45	29.46	26,821.89
SBI Magnum Mid Cap Fund-Growth	37.77	23.85	17,910.24

Risk Factors in Such Funds

Although ETF units are listed on the stock exchange for trading, there is no assurance that an active secondary market will develop or be maintained.
ETF units may trade above or below their net asset value (NAV).
Changes in trading regulations by the exchange or SEBI may affect the market maker's ability to arbitrage, potentially leading to wider premiums or discounts to NAV.
The returns from the securities in which a scheme invests may underperform compared to the general securities markets or different asset classes.
The composition of the underlying index is subject to periodic changes by the index service provider.
The extent of the tracking error may impact the scheme's performance.

Past Performance of Equity, Sectoral / Thematic Funds

Equity, Sectoral / Thematic Funds	NAV (Rs)	Returns since inception	Return/Risk
Quant Mid Cap Fund-Growth	259.2	20.62%	Generated the highest return amongst Large Cap funds in the last 10 Years.
Motilal Oswal Midcap Fund Regular-Growth	96.15	24.66%	Performing Poorly
Nippon India Growth Fund - Growth	3,937.3	19.67%	Every unit of risk this fund takes, it produces 20% more returns.
SBI Magnum Mid Cap Fund-Growth	239.97	20.71%	Generated the highest return amongst Focused funds in the last 5 Years.

Zerodha Nifty Midcap 150 ETF NFO - Who can invest

This fund is ideal for those with a higher risk tolerance who want to gain diversified exposure to a wide range of mid-sized sectors and industries. The fund invests in equities and equity-related securities covered by the Nifty Midcap 150 Index TRI, as well as debt instruments.

Zerodha Nifty Midcap 150 ETF NFO - Growth Fund Managers

Mr. Kedarnath Mirajkar

Conclusion

This scheme offers diversification to investors by investing in midcap stocks. It provides diversification, liquidity, and cost-efficiency, making it attractive to those seeking investments in mid-sized companies. However, the fund carries a high risk, so it is essential to evaluate your risk tolerance and investment goals before committing.

Disclaimer: This NFO Analysis is only for informational purposes and should not be considered as investment advice. Always do your research and consult with a financial advisor.