{"id":247262,"date":"2026-09-15T15:40:50","date_gmt":"2026-09-15T10:10:50","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-15T15:40:50","modified_gmt":"2026-09-15T10:10:50","slug":"baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/","title":{"rendered":"Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-nifty-midcap-150-index-fund-g-direct-plan\">Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan<\/a> has a NAV of \u20b911.0083 as of 11 September 2026 and a scheme AUM of \u20b910 Cr. Its 1-year, 3-year and 5-year returns are 6.13%, 0% and 0%, and it sits in the High Risk category. Our view is that this is still a relatively early-stage index fund with a short performance history, so the current return picture is more useful for gauging near-term behaviour than for judging a full cycle.<\/p>\n<p>The fund has moved in line with a mid-cap style of investing, which can be volatile, and its portfolio is spread across 83 holdings. That combination suggests it may suit investors who can tolerate sharp swings and want mid-cap exposure through a passive route, rather than those looking for smooth or established long-term compounding.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Baroda_BNP_Paribas_NIFTY_Midcap_150_Index\" title=\"Should you BUY or HOLD Baroda BNP Paribas NIFTY Midcap 150 Index?\">Should you BUY or HOLD Baroda BNP Paribas NIFTY Midcap 150 Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/baroda-bnp-paribas-nifty-midcap-150-index-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b911.0083 as of 11 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b910 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.39%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>04 Nov 2024<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Index Funds<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.20% on or before 7D, Nil after 7D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Neeraj Saxena, Meenakshi Gururaj<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Neeraj Saxena and Meenakshi Gururaj.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-2.57%<\/td>\n<td>-3.66%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.23%<\/td>\n<td>-1.91%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.13%<\/td>\n<td>-7.62%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Short-term behaviour has been uneven, but the fund has held up better than the benchmark over every available period. In 1 month, the fund still fell, yet the decline was smaller than the benchmark\u2019s drop. Over 3 months and 1 year, the gap widened further because the fund stayed positive while the benchmark remained negative.<\/p>\n<p>That pattern matters because it tells us the fund has been stronger than the benchmark in the most recent stretch, even though the journey has not been smooth. The 1-month series softened before stabilising, and the 3-month and 1-year paths show recovery after earlier weakness. For an index fund in the mid-cap space, that kind of movement is not unusual, but it does mean investors should expect a choppy ride rather than steady monthly gains.<\/p>\n<p>The longer-term picture is limited by the fund\u2019s recent launch, so we do not yet have a true 3-year or 5-year track record. That makes the 1-year number the most meaningful reference point right now. Compared with the benchmark, the fund has been ahead on every available horizon, but the absence of longer history means we would treat that lead as a current condition, not a full-cycle conclusion.<\/p>\n<p>Overall, the available performance pattern suggests a fund that has recovered reasonably well from volatility and has outpaced the benchmark recently, while still leaving the broader long-term case open because the scheme is young.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Baroda_BNP_Paribas_NIFTY_Midcap_150_Index\"><\/span>Should you BUY or HOLD Baroda BNP Paribas NIFTY Midcap 150 Index?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Baroda BNP Paribas NIFTY Midcap 150 Index? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-nifty-midcap-150-index-fund-g-direct-plan\">Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan<\/a><\/td>\n<td>6.13%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.61%<\/td>\n<td>29.92%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-india-defence-index-fund-g-direct-plan\">Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>26.23%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-nifty-india-defence-index-fund-g-direct-plan\">Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>26.22%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>26.18%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>25.91%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund\u2019s 1-year return is well below the peer set shown here, while the peer group contains several strategies that have posted much stronger recent gains. At the same time, the comparison is uneven because the current fund does not yet have a usable 3-year or 5-year record, so the shorter history is the only basis for a direct read on this scheme. That means the near-term story looks weaker than most of the peers displayed, but the longer-term story cannot yet be tested on the same footing.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>BSE Limited<\/td>\n<td>Finance<\/td>\n<td>3.15%<\/td>\n<\/tr>\n<tr>\n<td>Multi Commodity Exchange of India Limited<\/td>\n<td>Finance<\/td>\n<td>2.08%<\/td>\n<\/tr>\n<tr>\n<td>The Federal Bank Limited<\/td>\n<td>Bank<\/td>\n<td>2.07%<\/td>\n<\/tr>\n<tr>\n<td>Laurus Labs Limited<\/td>\n<td>Healthcare<\/td>\n<td>1.72%<\/td>\n<\/tr>\n<tr>\n<td>One 97 Communications Limited<\/td>\n<td>IT<\/td>\n<td>1.70%<\/td>\n<\/tr>\n<tr>\n<td>Hero Motocorp Limited<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>1.67%<\/td>\n<\/tr>\n<tr>\n<td>Coforge Limited<\/td>\n<td>IT<\/td>\n<td>1.60%<\/td>\n<\/tr>\n<tr>\n<td>Indusind Bank Limited<\/td>\n<td>Bank<\/td>\n<td>1.58%<\/td>\n<\/tr>\n<tr>\n<td>PB Fintech Limited<\/td>\n<td>IT<\/td>\n<td>1.52%<\/td>\n<\/tr>\n<tr>\n<td>AU Small Finance Bank Limited<\/td>\n<td>Bank<\/td>\n<td>1.47%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 18.56% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-nifty-midcap-150-index-fund-g-direct-plan\">Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding, BSE Limited, stands at 3.15%, which is modest for a single position. The weight then eases down gradually through the list, with the tenth holding at 1.47%, so the gap from first to tenth is present but not extreme. That suggests no single name dominates the visible part of the portfolio.<\/p>\n<p>At the same time, the top 10 holdings together make up 18.56% of the fund, while 83 holdings are disclosed overall. That combination points to a fairly broad spread across many positions, with the long tail likely carrying most of the remaining exposure. In our view, the portfolio may therefore be less dependent on one or two holdings and more shaped by the overall mid-cap basket.<\/p>\n<p>This kind of structure could help reduce idiosyncratic dependence on a single stock, but it may still behave like a mid-cap portfolio, where several positions can move together when the segment is under pressure. For investors, the key point is that the fund appears diversified across many names, yet the visible leaders still have enough weight to influence outcomes.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is suited to investors who are comfortable with High Risk and can tolerate sharp swings in a mid-cap allocation. The available return pattern shows a weak short-term stretch against a much stronger 1-year outcome, which means the ride has not been smooth even though the recent recovery has been better than the benchmark. Investors with a medium-to-long horizon and a preference for passive exposure may find that mix acceptable.<\/p>\n<p>The main trade-off is between broader mid-cap upside potential and a choppier path of returns. Because the scheme is young, its longer record is not yet established, so patience matters more than near-term scorekeeping. The portfolio\u2019s spread across many holdings may help reduce dependence on a few names, but it does not remove the inherent volatility of the segment.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: 0.20% on or before 7D, Nil after 7D.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b911.0083 as of 11 September 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year return is 6.13%, while the 3-year and 5-year returns are Data not available.<\/p>\n<p><strong>How has this fund performed versus its benchmark?<\/strong><br \/>It has done better than the benchmark across the available periods. Over 1 month, 3 months and 1 year, the fund stayed ahead of the benchmark figures shown.<\/p>\n<p><strong>How does it compare with the peer funds shown here?<\/strong><br \/>Its 1-year return is lower than the peer funds listed here. The peer set includes several schemes with much stronger recent gains, while this fund\u2019s longer-term record is not yet available.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Neeraj Saxena and Meenakshi Gururaj. The exit load is 0.20% on or before 7 days and nil after 7 days.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The fund\u2019s recent recovery is clearer than its longer record, but that longer record is still too short to judge the scheme on a full-cycle basis. Compared with the peer funds shown here, its 1-year return is subdued, while the benchmark comparison has been more favourable. The portfolio is spread across 83 holdings, with the top names carrying modest weights rather than a dominant concentration. That makes it a fit mainly for investors who want mid-cap exposure, accept High Risk, and can stay patient through uneven performance.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 15 September 2026 at 3:39 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan\",\"identifier\":\"baroda-bnp-paribas-nifty-midcap-150-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"04 Nov 2024\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.0083,\"valueReference\":\"as of 11 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"10 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.39\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.13},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Neeraj Saxena, Meenakshi Gururaj\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b911.0083 as of 11 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 6.13%, while the 3-year and 5-year returns are Data not available.\"}},{\"@type\":\"Question\",\"name\":\"How has this fund performed versus its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the benchmark across the available periods. Over 1 month, 3 months and 1 year, the fund stayed ahead of the benchmark figures shown.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds shown here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is lower than the peer funds listed here. The peer set includes several schemes with much stronger recent gains, while this fund\u2019s longer-term record is not yet available.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Neeraj Saxena and Meenakshi Gururaj. The exit load is 0.20% on or before 7 days and nil after 7 days.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan has a NAV of \u20b911.0083 as of 11 September 2026, AUM of \u20b910 Cr and a High Risk profile. Its 1-year return is 6.13%, while the 3-year and 5-year returns are not available yet.<\/p>\n","protected":false},"author":38,"featured_media":247261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-247262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247261"],"rank_math_title":["Baroda BNP Midcap 150 Index Fund NAV &amp; Returns Review"],"rank_math_description":["Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan NAV is \u20b911.0083; 1Y return is 6.13%. See review, portfolio and risk."],"rank_math_focus_keyword":["Baroda BNP Paribas NIFTY Midcap 150 Index Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Baroda_BNP_Paribas_NIFTY_Midcap_150_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=247262"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247261"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=247262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=247262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=247262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}