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JioBlackRock Nifty Midcap 150 Index Fund

Q: What is the NAV of JioBlackRock Nifty Midcap 150 Index Fund?

As of 05 Oct 2026, the NAV of JioBlackRock Nifty Midcap 150 Index Fund is ₹9.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Nifty Midcap 150 Index Fund delivered?

JioBlackRock Nifty Midcap 150 Index Fund has returned -6.74% 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 is the expense ratio of JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund's largest holdings are BSE Ltd (3.1%), Federal Bank Ltd (2.0%), Multi Commodity Exchange Of India Ltd (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 JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.6% and its worst peak-to-trough fall in our sample was -8.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund is benchmarked against the Nifty Midcap 150 Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund is managed by Tanvi Kacheria, Anand Shah and Haresh Mehta at Jio BlackRock.

Q: How is JioBlackRock Nifty Midcap 150 Index Fund taxed?

JioBlackRock Nifty Midcap 150 Index 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.

Jio BlackRock Mutual Fund · Best Index Funds

NAV

₹9.30

+0.51% 1D

as of 05 Oct 2026

This is the Regular plan of JioBlackRock Nifty Midcap 150 Index Fund — bought through a distributor, whose commission is paid out of 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

-6.74%absolute

52-week rangePrev NAV ₹9.25

Latest ₹9.30

Low ₹9.256th percentile of its 52-week rangeHigh ₹10.07

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Index Funds peers to rank yet

RiskModerate

Volatility 12.6% vs 12.3% category avg

CostHigh

1.4% expense vs 1.0% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

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

Strengths

No standout strengths identified.

Concerns

High expense ratio (1.36%) vs the Index Funds average of 0.96%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.36%

Category 0.96%▲0.40%

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

25.56

Category —

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

—

Category 0.36

Scheme Info

Definitions

Plan

Regular · Growth

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

None

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.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty Midcap 150 Index (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.

19 Aug 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-6.17%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

-6.74%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

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.

-6.74%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.56%

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

—

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

—

Largest peak-to-trough decline over full history

-8.12%

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

—

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

—

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

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

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

—

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

—

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 (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-6.17%	-3.94%	-2.23%
3M abs	—	-3.23%	—
6M abs	—	+5.67%	—
1Y CAGR	—	-0.49%	—
3Y CAGR	—	+8.82%	—
5Y CAGR	—	+7.82%	—

Category average across peers in Index Funds (368 of 373 carry a figure for at least one period), 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.

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

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

1 monthly installments of ₹10,000 into JioBlackRock Nifty Midcap 150 Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio up: 0.93% → 1.36%
02 Oct 2026

History points

Expense ratio

1.36%

AUM

₹254.69Cr

Portfolio turnover

41%

Exit load

Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

25.6

P/B ratio

4.7

Avg market cap

₹76,550Cr

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 · Index Funds

Compare all


JioBlackRock Nifty Midcap 150 Index FundThis fund Jio BlackRock · Regular · Growth	—	—	—	—	—	1.36%	₹254.69Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · Growth	★★★★★	+32.29%	+33.12%	+20.04%	—	1.06%	₹3,348Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal · Regular · Growth	★★★★★	+23.73%	+27.06%	+18.06%	—	1.04%	—
ICICI Prudential Nifty Pharma Index Fund ICICI Prudential · Regular · Growth	★★★★★	+19.30%	+19.56%	—	—	1.18%	₹121.63Cr
UTI Nifty 500 Value 50 Index Fund UTI · Regular · Growth	★★★★☆	+3.47%	+19.48%	—	—	1.19%	₹729.68Cr
Motilal Oswal BSE Enhanced Value Index Fund Motilal Oswal · Regular · Growth	★★★★☆	-1.49%	+18.02%	—	—	1.16%	₹2,077Cr

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

Equity100.16%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Aditya Birla Sun Life · Index Funds	100.0%	★★★★☆	0.45%	+13.59%
Groww Nifty Midcap 150 Index Fund Groww · Index Funds	99.9%	—	0.54%	—
ICICI Prudential Nifty Midcap 150 Index Fund ICICI Prudential · Index Funds	99.9%	★★★★☆	0.39%	+13.42%
Motilal Oswal Nifty Midcap 150 Index Fund Motilal Oswal · Index Funds	99.8%	★★★★★	0.39%	+13.71%
SBI Nifty Midcap 150 Index Fund SBI · Index Funds	99.8%	★★★★☆	0.47%	+13.45%
HDFC Nifty Midcap 150 Index Fund HDFC · Index Funds	99.8%	★★★★☆	0.34%	+13.37%
Navi Nifty Midcap 150 Index Fund Navi · Index Funds	99.8%	★★★★☆	0.38%	+13.36%
Zerodha Nifty Midcap 150 ETF Zerodha · Other ETFs	99.8%	—	0.25%	—

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 — 1.52% 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 I1.52%

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.

-8.1%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

₹254.69Cr

April - June 2026

+20%

since January - March 2026

At or near its largest, ₹254.69Cr 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.

AMC Profile

Jio BlackRock Mutual Fund is a 50:50 joint venture between Jio Financial Services and BlackRock, the world's largest asset manager. It began operations in 2025 with debt schemes and is building out its index and active range.

Launched

25 May 2025

Total AUM

₹17,979Cr+7.6% QoQ

Avg AUM · April - June 2026

Website

jioblackrockamc.com

Fund Managers

TKTanvi KacheriaStart date not disclosed

Role

Fund Manager

Education

• CFA Charter Holder Chartered Financial Analyst Institute. • BA in Biological Sciences minor Business Administration from University of Southern California.

Experience

• JioBlackRock Asset from Management Private Limited (Fund Management) - December 01, 2024 Present. with • Jio Financial Services Limited in (Special Projects) – April 10, 2024 – November 30, 2024. • BlackRock Financial Management Inc. (Portfolio Management) – July 3, 2017 – August 26, 2023. • Los Angeles Capital Management (Quantitative Institutional Asset Manager) – July 20, 2011 – June 15, 2017.

Funds managed (6)

All schemes Tanvi Kacheria runs →

ASAnand ShahStart date not disclosed

Role

Fund Manager and Dealer

Education

• PGDBA from K.C. College of Management Studies • Bachelor in Commerce from Mumbai University

Experience

Mr. Anand Shah has been associated with the AMC since December 01, 2024. Past Experience: Jio Financial Services Limited (Special Projects) – June 03, 2024 – November 30, 2024. Aditya Birla Sun Life Insurance Company Limited (Chief Manager - Investment) – June 06, 2018 – May 29, 2024. BOI AXA Investment Managers Pvt Ltd. (Equity Dealer) – November 17, 2015 – June 01, 2018. Zyfin Capital Advisors Pvt Ltd (Product Manager – Equity) – June 01, 2013 – November 16, 2015. Daiwa Asset Management (India) Pvt Ltd. (Equity Dealer) – October 01, including assignments held during the last 10 years 2008 – June 26, 2013.

HMHaresh MehtaStart date not disclosed

Role

Fund Manager and Dealer

Experience

Mr. Haresh Mehta has been associated with the AMC since May 05, 2025. Bajaj Finserv Asset Management Limited - December 9, 2024 - April 25, 2025. Aditya Birla Sun Life AMC Limited - September 16, 2022 - November 26, 2024. Baroda BNP Paribas Asset Management India Private Limited - June 18, 2018, to August 31, 2022. First Global Stock Broking Private Limited - April 20, 2007 to June 15, 2018.

Funds managed (1)

JioBlackRock Arbitrage Fund

All schemes Haresh Mehta runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. 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

Tanvi Kacheria

Top holdings

BSE Ltd Federal Bank Ltd Multi Commodity Exchange Of India Ltd Laurus Labs Ltd One 97 Communications Ltd Hero MotoCorp Ltd Coforge Ltd IndusInd Bank Ltd PB Fintech Ltd Bharat Heavy Electricals Ltd Dixon Technologies (India) Ltd AU Small Finance Bank Ltd

Jio BlackRock 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 Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of JioBlackRock Nifty Midcap 150 Index Fund?

As of 05 Oct 2026, the NAV of JioBlackRock Nifty Midcap 150 Index Fund is ₹9.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Nifty Midcap 150 Index Fund delivered?

JioBlackRock Nifty Midcap 150 Index Fund has returned -6.74% 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 is the expense ratio of JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund's largest holdings are BSE Ltd (3.1%), Federal Bank Ltd (2.0%), Multi Commodity Exchange Of India Ltd (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 JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.6% and its worst peak-to-trough fall in our sample was -8.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund is benchmarked against the Nifty Midcap 150 Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages JioBlackRock Nifty Midcap 150 Index Fund?

JioBlackRock Nifty Midcap 150 Index Fund is managed by Tanvi Kacheria, Anand Shah and Haresh Mehta at Jio BlackRock.

How is JioBlackRock Nifty Midcap 150 Index Fund taxed?

JioBlackRock Nifty Midcap 150 Index 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.