Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.27+1.29% 1 day change	4.07% p.a.	#NA View Ranked Funds	₹216 Crs

Historical NAV & returns

NAV: ₹10.27 as on Jun 05, 2025

This fund Category average

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF overview

Expense ratio	0.13% as on May 31, 2025
Exit load	0.05% Exit load of 0.05%, if redeemed within 15 Days.!
AUM (Fund size)	₹216 Crs
Lock-in	No Lockin
Age	1 yrs since May 10, 2024
Benchmark	Nifty MidSmallcap400 Momentum Quality 100 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	11.47%	9.34%
3 Months	19.15%	17.44%
6 Months	-5.75%	-2.2%
1 Year	3.53%	7.86%

Asset allocationas on Apr 30, 2025

Large Cap 8.991798%

Mid Cap 68.283654%

Small Cap 22.744547999999998%

Other Cap 1.4213696886145044E-14%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 100.01896754%

Repo 0.08416599%

Other Holdings

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth 100.02%

Others 0.08%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	N.A.	₹216 Crs	1 yrs	0.13%
Motilal Oswal Nifty Midcap 150 Index Fund	N.A.	₹2,126 Crs	5 yrs 9 m	0.26%
HDFC NIFTY Midcap 150 Index Fund	N.A.	₹291 Crs	2 yrs 2 m	0.3%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	N.A.	₹802 Crs	2 yrs 6 m	0.38%
SBI Nifty Midcap 150 Index Fund	N.A.	₹768 Crs	2 yrs 8 m	0.45%
Tata Nifty Midcap 150 Momentum 50 Index Fund	N.A.	₹825 Crs	2 yrs 8 m	0.43%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	11.47%	-5.75%	3.53%	N.A.	N.A.	N.A.
Motilal Oswal Nifty Midcap 150 Index Fund	9.36%	-0.76%	9.97%	27.38%	32.04%	14.31%
HDFC NIFTY Midcap 150 Index Fund	9.33%	-0.9%	9.64%	22.34%	12.86%	6.24%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	9.78%	-6.86%	4.03%	22.66%	13.04%	6.32%
SBI Nifty Midcap 150 Index Fund	9.34%	-0.92%	9.63%	22.83%	13.13%	6.36%
Tata Nifty Midcap 150 Momentum 50 Index Fund	9.79%	-6.99%	3.3%	21.71%	12.51%	6.07%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	N.A.	N.A.	N.A.	N.A.
Motilal Oswal Nifty Midcap 150 Index Fund	17.01	1.0	1.1	1.6
HDFC NIFTY Midcap 150 Index Fund	N.A.	N.A.	N.A.	N.A.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	N.A.	N.A.	N.A.	N.A.
SBI Nifty Midcap 150 Index Fund	N.A.	N.A.	N.A.	N.A.
Tata Nifty Midcap 150 Momentum 50 Index Fund	N.A.	N.A.	N.A.	N.A.

View all Mid Cap Index funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF in detail with

About this fund

About Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth is a Mid Cap Index mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 1 yrs, having been launched on 10/05/2024. Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth has ₹216 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth as of 05/06/2025 is ₹10.27. The fund has an expense ratio of 0.13%, which is less than what most other Mid Cap Index funds charge.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth returns of last 1-year are 6.65%. Since launch, it has delivered 2.66% average annual returns.
The fund has the majority of its money invested in Unclassified sectors. It has taken more exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF - Growth.

...

Fund AUM	₹216 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Ekta Gala

Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.

Vishal Singh

Mr. Singh has done B.Com, CA, CFA and FRM Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.

Investment objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized.

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mirae Asset Midcap Fund	N.A.	₹15,415 Crs	8.72%	31.14%
Mirae Asset ELSS Tax Saver Fund	N.A.	₹24,774 Crs	11.38%	25.55%
Mirae Asset Large & Midcap Fund	N.A.	₹36,507 Crs	8.15%	25.21%
Mirae Asset Great Consumer Fund	N.A.	₹4,117 Crs	6.87%	25.04%
Mirae Asset Healthcare Fund	N.A.	₹2,683 Crs	19.6%	23.64%
Mirae Asset Focused Fund	N.A.	₹7,650 Crs	15.88%	22.27%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF?

The current Net Asset Value (NAV) of the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF - Direct Growth plan is approximately ₹10.27 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF is a 1 yrs old fund and has delivered average annual returns of 4.07% since inception.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Returns

1-Year	Since Inception
3.53%	4.07%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF - Direct Growth has an expense ratio of 0.13%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF currently has assets under management (AUM) or fund size valued at approximately ₹216 Crs crore as of Mar 31, 2025.

What is risk level of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF?

This is a Mid Cap Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF is complete.

How can I redeem my investments in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF?

Redeeming your investments in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Mid Cap Index

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap Index funds in the last 3 Months .
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Mid Cap Index funds.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.05%, if redeemed within 15 Days.