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Mirae Asset Nifty Midcap 150 ETF

ETFs Fund
  • NAV

    19.15(1.31%)
  • Fund Size (CR)

    ₹953.36
  • Expense Ratio

    0.05
  • Scheme Type

    Passive Fund
  • Value Research

  • Min. investment

    ₹5,000
  • Minimum Additional Investment

    ₹0
  • Minimum SIP Investment

    ₹undefined
  • Minimum Withdrawal

    ₹0
  • Exit Load Nil

    0%
  • Return Since Launch

    22.26%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -6.31%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Ekta Gala

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 12 February 20259938.90-0.61%--0.22%146/236
1 Month17 January 20259241.16-7.59%--1.22%216/234
3 Month19 November 20249212.74-7.87%--1.65%194/232
6 Month19 August 20248748.47-12.52%--2.68%167/219
1 Year19 February 202410311.113.11%3.11%10.13%159/199
3 Year--0%-13.51%-/-
5 Year--0%-14.98%-/-
Since Inception9 March 202218106.7281.07%22.26%14.47%26/236

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,20,000111934.74-6.72% -6.72%
3 Year1 April 20223,50,000460383.5631.54% 9.57%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    25,000

  • Estimated Returns

    19,059

76%

Returns

Future value of your investment

44,059

Risk Ratios

4.50%

Standard Deviation

1.00%

Beta

0.96%

Sharpe Ratio

0.04%

Treynor's Ratio

-0.12%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Max Healthcare2.45%22018223.37EquityHealthcare
BSE2.24%4021521.34EquityFinancial Services
Suzlon Energy2.14%350125720.37EquityCapital Goods - Electrical Equipment
Indian Hotels Co2.09%26082519.95EquityHotels & Restaurants
Persistent Sys1.98%3126918.86EquityIT - Software
Dixon Technolog.1.78%1131716.96EquityConsumer Durables
PB Fintech.1.77%9797816.92EquityIT - Software
Coforge1.71%1974516.32EquityIT - Software
Lupin1.56%7151514.88EquityPharmaceuticals
Federal Bank1.43%72597413.59EquityBanks

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y

News

  • Mirae Asset MF announces change in Fund Manager of the following schemes

    Mirae Asset Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 14 February, 2025

    Change in Fund Manager of the Schemes:

    Scheme Name Existing Fund Manager(s) New Fund Manager(s)
    Mirae Asset Arbitrage Fund Mr. Jignesh Rao (Equity Portion)
    Mr. Jigar Sethia (Equity Portion)
    Mr. Abhishek Iyer (Debt Portion)
    Mr. Jignesh Rao (Equity Portion)
    Mr. Jigar Sethia (Equity Portion)
    Mr. Amit Modani (Debt Portion)
    Mirae Asset Multi Asset Allocation Fund Mr. Harshad Borawake (Equity Portion)
    Mr. Amit Modani (Debt Portion)
    Mr. Siddharth Srivastava (Overseas Investments)
    Mr. Ritesh Patel (Commodity Investments)
    Mr. Harshad Borawake (Equity Portion)
    Mr. Basant Bafna (Debt Portion)
    Mr. Siddharth Srivastava (Overseas Investments)
    Mr. Ritesh Patel (Commodity Investments)

    Powered by Capital Market - Live News

  • Mirae Asset MF announces change in Fund Manager of the following schemes

    Mirae Asset Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 05 February, 2025

    Change in Fund Manager of the Scheme:

    Scheme Name Existing Fund Manager(s) Proposed Fund Manager
    Mirae Asset Liquid Fund (Formerly known as Mirae Asset Cash Management Fund) Mr. Amit Modani & Mr. Abhishek Iyer Mr. Amit Modani
    Mirae Asset Overnight Fund Mr. Abhishek Iyer Mr. Amit Modani
    Mirae Asset Corporate Bond Fund Mr. Amit Modani Ms. Kruti Chheta

    Powered by Capital Market - Live News

  • Mirae Asset Mutual Fund announces change in Key Personnel

    Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025

    Details of Ms. Rimmi Jain,

    Age: 37 years

    Designation: Head ' Compliance,

    Qualification: Bachelor of Commerce, ACS and LLB

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

24 February 2022

Total AUM (Cr)

₹953.36

Mirae Asset Nifty Midcap 150 ETF is an ETFs Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 24 February 2022, this fund is managed by Ekta Gala. With assets under management (AUM) worth ₹953.36 (Cr), as of 20 February 2025, Mirae Asset Nifty Midcap 150 ETF is categorized as a ETFs Fund within its segment. The fund has generated a return of 22.26% since its launch.
The current NAV of Mirae Asset Nifty Midcap 150 ETF is ₹19.15, as on 20 February 2025. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in Mirae Asset Nifty Midcap 150 ETF via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.99% in Equity, 0.01% in Debt and .
The top 5 sectors the fund invests in are: 7.23% in Auto Components, 6.91% in Industrial Products, 6.77% in IT-Software, 6.75% in Banks, 6.73% in Pharmaceuticals & Biotech

FAQs

How to Invest in Mirae Asset Nifty Midcap 150 ETF Direct Growth?

Mirae Asset Nifty Midcap 150 ETF is a popular fund in the ETFs Fund segment. The fund has generated a return of 22.26% since inception. Looking to invest in Mirae Asset Nifty Midcap 150 ETF How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Nifty Midcap 150 ETF is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mirae Asset Nifty Midcap 150 ETF
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Nifty Midcap 150 ETF today and reap the benefits of this ETFs Fund fund!

How much returns has Mirae Asset Nifty Midcap 150 ETF Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Nifty Midcap 150 ETF has generated annualised return of 3.11%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 22.26% returns.

What is the expense ratio of Mirae Asset Nifty Midcap 150 ETF Direct Growth?

The expense ratio of Mirae Asset Nifty Midcap 150 ETF Direct Growth is 0.05%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Nifty Midcap 150 ETF Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Nifty Midcap 150 ETF is ₹953.36 (Cr) as of 2025-02-20 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Nifty Midcap 150 ETF Direct Growth?

Redeeming or selling units of Mirae Asset Nifty Midcap 150 ETF is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Mirae Asset Nifty Midcap 150 ETF:
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mirae Asset Nifty Midcap 150 ETF).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).