NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Nippon India ETF Nifty Midcap 150 - Growth for NRI [225.40]

Min Investment

5,000

Fund Size

2,812.08 Cr

Expense Ratio

0.2%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

225.40

2.90%

NAV as on 03 Feb 26, 12:00 AM

risk

etf units

equity

NAV as on 03 Feb 26, 12:00 AM

risk

etf units

equity

12.06%p.a.

Last 1Y

24.28%p.a.

Last 3Y

21.57%p.a.

Last 5Y

20.73%p.a.

Since Inception

About Nippon India ETF Nifty Midcap 150 - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India ETF Nifty Midcap 150 - Growth scheme from Nippon Life India Asset Management Limited. It is a ETF Units mutual fund scheme that predominantly invests in ETF Units stocks of companies. Launched on Jan 2019, Nippon India ETF Nifty Midcap 150 - Growth is ETF Units fund of its category with 2,812.08 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category ETF Units funds.

  • Nippon India ETF Nifty Midcap 150 - Growth delivered 12.1% annual returns during the last year. It has delivered 20.7% average annual returns since the fund was launched.
  • Nippon India ETF Nifty Midcap 150 - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The Investment Objective Of The Scheme Is To Provide Investment Returns Closely Corresponding To The Total Returns Of The Securities As Represented By The Nifty Midcap150 Index Before Expenses, Subject To Tracking Errors. However, There Can Be No Assurance Or Guarantee That The Investment Objective Of The Scheme Will Be Achieved.

Top 10 Holdings

3M India Ltd

0.26%

ACC Ltd

0.28%

Abbott India Ltd

0.39%

AIA Engineering Ltd

0.41%

Ajanta Pharma Ltd

0.30%

Apar Industries Ltd

0.37%

Apollo Tyres Ltd

0.42%

GE T&D India Ltd

1.01%

Ashok Leyland Ltd

1.34%

Astral Ltd

0.44%

Fund Managers

  1. Himanshu Mange (Dec 2023 - Present)

Key Information

View Scheme Document

Nippon India ETF Nifty Midcap 150 - Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Nippon India ETF Nifty Midcap 150 - Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Nippon India ETF Nifty Midcap 150 - Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India ETF Nifty Midcap 150 - Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions