ETFEquity ETFDirectGrowthVery High

UTI Nifty Midcap 150 Exchange Traded Fund

Q: What is the NAV of UTI Nifty Midcap 150 Exchange Traded Fund?

As of 05 Oct 2026, the NAV of UTI Nifty Midcap 150 Exchange Traded Fund is ₹220.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI Nifty Midcap 150 Exchange Traded Fund delivered?

UTI Nifty Midcap 150 Exchange Traded Fund has returned +2.11% over 1 year, +13.70% per year over 3 years and +13.66% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What are the top holdings of UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund's largest holdings are BSE LTD (3.1%), FEDERAL BANK LTD. (2.0%), MULTI COMMODITY EXCHANGE OF IN (2.0%), LAURUS LABS LTD. (1.7%) and ONE 97 COMMUNICATIONS LTD (1.7%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.2% and its worst peak-to-trough fall in our sample was -21.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.42 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Nifty Midcap 150 Exchange Traded Fund's 0.42 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund is benchmarked against the Nifty Midcap 150 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund is managed by Sharwan Kumar Goyal, Ayush Jain and Lokesh Kulthia at UTI.

Q: How is UTI Nifty Midcap 150 Exchange Traded Fund taxed?

UTI Nifty Midcap 150 Exchange Traded Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

UTI Mutual Fund · Best Equity ETFs

NAV

₹220.02

+0.52% 1D

as of 05 Oct 2026

This is the Direct plan of UTI Nifty Midcap 150 Exchange Traded Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+1.40%absolute

52-week rangePrev NAV ₹218.88

Latest ₹220.02

Low ₹195.9357th percentile of its 52-week rangeHigh ₹238.03

Scorecard

★★★☆☆3/5 vs 6 Equity ETF peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Equity ETF (same plan and option).

PerformanceAverage

3Y CAGR +13.70% · ranks 3 of 6 Equity ETF funds

RiskModerate

Volatility 17.2% vs 16.8% category avg

Cost—

Expense ratio not available yet

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

1-year return (+2.11%) beats the Equity ETF average (-5.35%)
3-year return (+13.70%) beats the Equity ETF average (+9.97%)
Stronger risk-adjusted returns — Sharpe 0.42 vs 0.19 Equity ETF average
Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

—

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

25.56

Category 17.57▲7.99

Excess return per unit of total volatility (rf = 6.5%)

0.42

Category 0.19▲0.23

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty Midcap 150 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

01 Sep 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.10%

Absolute return over the last 3 months (not annualized)

-4.76%

Absolute return over the last 6 months (not annualized)

+10.16%

Absolute return since 1 Jan of this year (not annualized)

-1.96%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+2.11%

3-year annualized return (CAGR)

+13.70%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+13.66%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

17.21%

Excess return per unit of total volatility (rf = 6.5%)

0.42

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.56

Largest peak-to-trough decline over full history

-20.98%

Benchmark ratios (vs Nifty Midcap 150 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Midcap 150 TRI

-0.39%

Sensitivity to Nifty Midcap 150 TRI moves; 1 = moves with the index

1.00

How much of the fund's movement Nifty Midcap 150 TRI explains

100.0%

Excess return per unit of beta (market risk)

6.98

Active return over the benchmark per unit of tracking error

-2.53

Annualized std dev of fund-minus-benchmark returns

0.18%

Fund's share of benchmark gains in up months (100 = matches index)

99.3%

Fund's share of benchmark losses in down months (lower is better)

100.8%

Computed vs the Nifty Midcap 150 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Equity ETF)

Period	Fund	Category avg.	Diff
1M abs	-6.10%	-5.69%	-0.41%
3M abs	-4.76%	-3.96%	-0.80%
6M abs	+10.16%	+3.51%	+6.65%
1Y CAGR	+2.11%	-5.35%	+7.46%
3Y CAGR	+13.70%	+9.97%	+3.73%
5Y CAGR	—	+8.52%	—

Category average across peers in Equity ETF (up to 6 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 6 peers in Equity ETF

1Y return

+2.11%

Beats 83.3% · rank #2

3Y return

+13.70%

Beats 60% · rank #3

5Y return

—

Sharpe

0.42

Beats 60% · rank #3

Sortino

0.56

Beats 60% · rank #3

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.87L

Absolute

+7.57%

XIRR

+5.06%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into UTI Nifty Midcap 150 Exchange Traded Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty Midcap 150 TRI	Diff
2026part	-1.96%	-1.81%	-0.15%
2025	+5.81%	+6.24%	-0.43%
2024	+24.23%	+24.74%	-0.51%
2023part	+15.33%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

762

AUM

₹13.48Cr

Portfolio turnover

43%

Exit load

Nil

P/E ratio

25.6

P/B ratio

4.7

Avg market cap

₹76,572Cr

P/E & P/B are portfolio-weighted harmonic means across 131 of 150 equity holdings (87% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Equity ETF

Compare all


UTI Nifty Midcap 150 Exchange Traded FundThis fund UTI · Direct · Growth	★★★☆☆	+2.11%	+13.70%	—	25.56	—	₹13.48Cr
UTI - Nifty Next 50 Exchange Traded Fund UTI · Direct · Growth	★★★★☆	+2.12%	+16.62%	+10.68%	17.47	—	₹2,258Cr
UTI - BSE Sensex Next 50 Exchange Traded Fund UTI · Direct · Growth	★★★★★	-0.01%	+14.68%	+12.37%	20.03	—	₹32.18Cr
UTI Nifty Bank ETF UTI · Direct · Growth	★★☆☆☆	-1.15%	+8.03%	+8.43%	12.90	—	₹3,358Cr
UTI Nifty 50 ETF UTI · Direct · Growth	★★★☆☆	-8.38%	+6.07%	+6.01%	18.61	—	₹69,369Cr
UTI BSE Sensex ETF UTI · Direct · Growth	★★★☆☆	-9.91%	+4.46%	+5.12%	18.49	—	₹53,661Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 97% of the equity sleeve priced.

Large cap11.6%
Mid cap82.8%
Small cap5.6%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.73%
Cash & Equivalents0.27%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Bandhan Nifty Midcap 150 Index Fund Bandhan · Index Funds	100.0%	★★★☆☆	0.63%	—
DSP Nifty Midcap 150 Index Fund DSP · Index Funds	99.9%	—	0.38%	—
Zerodha Nifty Midcap 150 ETF Zerodha · Other ETFs	99.9%	—	0.25%	—
Motilal Oswal Nifty Midcap 150 Index Fund Motilal Oswal · Index Funds	99.8%	★★★★★	0.39%	+13.71%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Aditya Birla Sun Life · Index Funds	99.8%	★★★★☆	0.45%	+13.59%
Navi Nifty Midcap 150 Index Fund Navi · Index Funds	99.8%	★★★★☆	0.38%	+13.36%
Groww Nifty Midcap 150 Index Fund Groww · Index Funds	99.8%	—	0.54%	—
ICICI Prudential Nifty Midcap 150 Index Fund ICICI Prudential · Index Funds	99.8%	★★★★☆	0.39%	+13.42%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 1.51% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.51%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-21.0%24 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 17 Nov 2025 — 9 months under water after the low.
-14.0%07 Jan 2026 → 30 Mar 2026
Fell over 3 months, back to the old high on 07 May 2026 — 38 days under water after the low.
-8.0%31 Aug 2026 → 01 Oct 2026
Still below that high — 31 days down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹13.48Cr

April - June 2026

+8%

since January - March 2026

+₹82.33L

est. net flow, last quarter

At or near its largest, ₹13.48Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

Fund Managers

SGSharwan Kumar GoyalStart date not disclosed

Role

Senior Vice President- Equity & Head - Passive, Arbitrage and Quant Strategies and FM (Equity)

Education

B.Com, MMS, CFA

Experience

UTI AMC in June 2006 and has 19 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager & Head of Passive, Arbitrage & Quant Strategies.

Funds managed (29)

All schemes Sharwan Kumar Goyal runs →

AJAyush JainStart date not disclosed

Role

Manager- Equity

Education

Qualifica tions CA, B.Com (Tax)

Experience

He is a manager and designated as Assistant Fund Manager at UTI AMC Ltd. He is a Chartered Accountant holding charter from Institute (e) of Chartered Accountants of India and B.COM from DAVI Ahilya University. He began his career with UTI AMC Ltd in April, 2018 and has over 7 years of experience in Equity Fund Management, Equity Research, Equity Portfolio Analysis & Portfolio Management Services. Nov 2025

Funds managed (30)

All schemes Ayush Jain runs →

LKLokesh KulthiaStart date not disclosed

Experience

i. Management ii. Trainee in Management. In iii. iv. team, v. over 4 experience in vi. vii. Associate viii. key sectors Banking & ix. Services, x. Goods, and xi. he has been in xii. quantitative xiv. manages xv. in the of Passives, xvi. index- mandates and xvii. portfolio xviii. xix. xx. xxi. xxii. xxiii. xxiv. xxv. xxvi. xxvii. xxviii. xxix. xxx. xxxi.

Funds managed (23)

All schemes Lokesh Kulthia runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sharwan Kumar Goyal Ayush Jain Lokesh Kulthia

Top holdings

BSE LTD FEDERAL BANK LTD.MULTI COMMODITY EXCHANGE OF IN LAURUS LABS LTD.ONE 97 COMMUNICATIONS LTD HERO MOTOCORP LTD.COFORGE LTD INDUSIND BANK PB FINTECH LTD BHARAT HEAVY ELECTRICALS LTD.DIXON TECHNOLOGIES (INDIA) LTD AU SMALL FINANCE BANK LTD

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Equity ETFs

Equity ETFs track an equity index and trade on the exchange through the day, so you buy at a market price that can sit slightly above or below the fund's NAV. That is the trade-off against an index fund, which always transacts at NAV but only once a day.

Frequently asked questions

What is the NAV of UTI Nifty Midcap 150 Exchange Traded Fund?

As of 05 Oct 2026, the NAV of UTI Nifty Midcap 150 Exchange Traded Fund is ₹220.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI Nifty Midcap 150 Exchange Traded Fund delivered?

UTI Nifty Midcap 150 Exchange Traded Fund has returned +2.11% over 1 year, +13.70% per year over 3 years and +13.66% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What are the top holdings of UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund's largest holdings are BSE LTD (3.1%), FEDERAL BANK LTD. (2.0%), MULTI COMMODITY EXCHANGE OF IN (2.0%), LAURUS LABS LTD. (1.7%) and ONE 97 COMMUNICATIONS LTD (1.7%). Holdings are disclosed monthly and change over time.

How risky is UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 17.2% and its worst peak-to-trough fall in our sample was -21.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.42 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Nifty Midcap 150 Exchange Traded Fund's 0.42 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund is benchmarked against the Nifty Midcap 150 TRI. Its alpha and beta on this page are measured against that index.

Who manages UTI Nifty Midcap 150 Exchange Traded Fund?

UTI Nifty Midcap 150 Exchange Traded Fund is managed by Sharwan Kumar Goyal, Ayush Jain and Lokesh Kulthia at UTI.

How is UTI Nifty Midcap 150 Exchange Traded Fund taxed?

UTI Nifty Midcap 150 Exchange Traded Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.