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Broad MarketParent: Nifty 500

Nifty Midcap 150

Total Return Index · Available history 01-04-2005 to 28-10-2026 · 5,351 observations

Compare with Nifty 500Backtest Hero?

Launch date: 01-04-2016. 51.0% of this index's trading days are NSE's pre-launch backtest (marked BT, shaded on the charts). Backtests can benefit from hindsight; post-launch index returns are still not fund returns. Source: Curated catalog launch_date (not independently reverified).

BT = Backtested history by NSE— = not enough history

Nifty Midcap 150 and Nifty 500 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
16.5%BT
Nifty 500: 13.6%
Annualized volatility
20.8%BT
Nifty 500: 20.1%
Max drawdown
-72.9%BT
Nifty 500: -63.7%
Sharpe
0.62BT
Nifty 500: 0.50
Sortino
0.82BT
Nifty 500: 0.69
Median rolling 5Y CAGR
16.8%BT
Nifty 500: 13.4%

Drawdown and recovery

Full history of Nifty Midcap 150, 01-04-2005 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-10.4%
High on 31-08-2026
Gain needed to recover
11.7%
From the latest close back to the high
Time below high
2m
Since the last high
Worst decline
-72.9%
07-01-2008 to 09-03-2009; recovered 16-05-2014 (6y 4m after the high)BT
Longest time below a high
6y 4m
07-01-2008 to 16-05-2014BT
Time spent below a high
89.1%
5 declines of 20% or more

Outcomes by holding period

Every rolling window in the full history, ending on each trading day. Windows overlap, so this describes the past rather than predicting the future.

BT = Backtested history by NSE— = not enough history

Held forLost moneyMedian CAGRWorst CAGRBest CAGRWindows
1 year22.8%13.9%-67.1%172.1%5,094
3 years9.1%18.2%-17.4%40.9%4,580
5 years0.9%16.8%-2.3%36.8%4,106
7 years0.0%16.6%4.6%27.1%3,606
10 years0.0%16.9%7.3%23.4%2,862

Lost money: share of windows with a negative annualized return.

Versus Nifty 500

On the shared dates 01-04-2005 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
114.3%
Average of 162 months Nifty 500 rose
Downside capture
108.6%
Average of 96 months Nifty 500 fell; lower is better
Months ahead
57.8%
Beat Nifty 500 in this share of 258 months
Longest stretch behind
9y
Relative wealth below its high, 31-08-2005 to 11-09-2014

Now 3.4% behind its best point relative to Nifty 500, for 2m. Relative wealth was below an earlier peak on 95.7% of shared trading days.

Backtest Hero? · vs its own history

28-10-2021 – 28-10-2026 · 5 years. Compared with 1,493 equal-length periods from the pre-launch backtest.
Open full analysis
CAGR
13.8%
Historical percentile 60.5median 12.5%
Volatility
16.9%
Historical percentile 13.1median 24.5%
Max drawdown
-20.9%
Historical percentile 100.0median -61.1%
Sharpe
0.58
Historical percentile 68.9median 0.46

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 2,694 vs 1,554 in Nifty 500. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 01-04-2005; the first plotted rolling-return observation is 04-04-2008, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-09-2005.

Calendar-year returns

Nifty Midcap 150 vs Nifty 500; the difference is in percentage points (pp). Incomplete historical years are labeled (partial); the ongoing year is labeled (YTD). Hover a year for its actual dates.
YearNifty Midcap 150Nifty 500Difference
2026 (YTD)-4.9%-8.2%
+3.3 pp
2025+6.0%+7.8%
-1.8 pp
2024+24.5%+16.2%
+8.2 pp
2023+44.6%+26.9%
+17.7 pp
2022+3.9%+4.2%
-0.3 pp
2021+48.2%+31.6%
+16.6 pp
2020+25.6%+17.9%
+7.7 pp
2019+0.6%+9.0%
-8.4 pp
2018-12.6%-2.1%
-10.5 pp
2017+55.7%+37.7%
+18.1 pp
2016+6.5%+5.1%
+1.4 pp
2015+9.7%+0.2%
+9.5 pp
2014+62.7%+39.3%
+23.4 pp
2013-1.3%+4.8%
-6.1 pp
2012+46.7%+33.5%
+13.2 pp
2011-31.0%-26.4%
-4.6 pp
2010+20.1%+15.3%
+4.8 pp
2009+113.9%+91.0%
+22.9 pp
2008-64.9%-56.5%
-8.4 pp
2007+78.2%+64.6%
+13.6 pp
2006+28.5%+36.2%
-7.7 pp
2005 (partial)+43.4%+38.5%
+4.9 pp