The scheme seeks to provide returns that closely correspond to the total returns of securities as represented by Nifty Midcap 150 Index, subject to tracking errors.
Exit Load0.25%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Mehul Dama
Mr. Dama has done C.A. & B.Com
Prior to joining ABSL AMC, he has worked with Angel OneFund, Nippon India Mutual Fund, Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Aditya Birla Sun Life Nifty Midcap 150 Index Fund is ₹25.74 as of 2026-08-28.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund is classified as a Mid Cap fund.
The Assets Under Management (AUM) of Aditya Birla Sun Life Nifty Midcap 150 Index Fund is ₹487.38 Cr.
The expense ratio of Aditya Birla Sun Life Nifty Midcap 150 Index Fund is 0.99%.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund is managed by Mehul Dama.
The minimum SIP investment for Aditya Birla Sun Life Nifty Midcap 150 Index Fund is ₹100.
The exit load for Aditya Birla Sun Life Nifty Midcap 150 Index Fund is 0.25%.
As per the SEBI Riskometer, Aditya Birla Sun Life Nifty Midcap 150 Index Fund carries a Very High risk level.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund has delivered 12.3% (1Y), 17.12% (3Y) and 17.27% (5Y) annualised returns as of 2026-08-28.
Aditya Birla Sun Life Nifty Midcap 150 Index Fund was launched on 1994-12-23.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
