FundLens
Index — Mid Cap · head-to-head

Axis Nifty Midcap 50 Index vs Tata Nifty Midcap 150 Index

Data updated · direct-growth plans · not investment advice

Axis Nifty Midcap 50 Index currently edges it with a Smart Score of 77/100 vs 66/100. Axis Nifty Midcap 50 Index has the stronger risk-adjusted profile (Sortino 0.97 vs -0.15), 3-year returns of 19.2% vs —, and an expense ratio of 0.29% vs 0.23%. Scores are relative to all Index — Mid Cap peers and refresh with every data update.

Returns
1Y return
6.2%BEST
3.7%
3Y return
19.2%
5Y return
3Y vs index· vs own category index
+0.6%
Risk
Sharpe· ↑ better
0.71BEST
-0.11
Sortino· ↑ better
0.97BEST
-0.15
Std deviation· ↓ better
17.87
15.92BEST
Alpha· ↑ better
-2.93
-1.79BEST
Beta· ≈1 market-like
1.02
1.00
Cost & facts
Expense· ↓ better
0.29%
0.23%BEST
P/E· ↓ cheaper
AUM
₹698 CrBEST
₹295 Cr
VR rating
Morningstar
Start date
28 Mar 2022
02 Jun 2025

Quick answers

Is Axis Nifty Midcap 50 Index better than Tata Nifty Midcap 150 Index?

Axis Nifty Midcap 50 Index currently edges it with a Smart Score of 77/100 vs 66/100. Axis Nifty Midcap 50 Index has the stronger risk-adjusted profile (Sortino 0.97 vs -0.15), 3-year returns of 19.2% vs —, and an expense ratio of 0.29% vs 0.23%. Scores are relative to all Index — Mid Cap peers and refresh with every data update.

Which is cheaper — Axis Nifty Midcap 50 Index or Tata Nifty Midcap 150 Index?

Tata Nifty Midcap 150 Index has the lower expense ratio: 0.23% vs 0.29% (direct plans). Lower fees compound in your favour over long holding periods.

Which has better risk-adjusted returns?

On the Sortino ratio (return per unit of downside risk), Axis Nifty Midcap 50 Index leads with 0.97 vs -0.15. Sharpe ratios: Axis Nifty Midcap 50 Index 0.71, Tata Nifty Midcap 150 Index -0.11.