Nifty Midcap 150 Index!

Nifty Midcap 150 Index Funds aim to measure the performance of mid-market capitalisation companies. It represents the next 150 companies (companies ranked 101-250), based on full market capitalisation from NIFTY 500. Mid-cap stocks are aptly positioned in the growth phase of the business cycle and have outperformed the large-cap counterparts over the long run. It has a differentiated sector exposure than large-cap indices. Some of the top funds in this category are Nippon India Nifty Midcap 150 Index Fund and Motilal Oswal Nifty Midcap 150 Index Fund.