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Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund

Q: What is the NAV of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

As of 05 Oct 2026, the NAV of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund is ₹10.53 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Mirae Asset Mutual Fund · Best Domestic Fund of Funds

NAV

₹10.53

+0.09% 1D

as of 05 Oct 2026

This is the Direct plan of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+4.31%absolute

52-week rangePrev NAV ₹10.52

Latest ₹10.53

Low ₹8.3483rd percentile of its 52-week rangeHigh ₹10.97

Scorecard

★★☆☆☆2/5 vs 118 of 155 FoF Domestic peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Domestic (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 118 of the 155 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough FoF Domestic peers to rank yet

RiskHigh

Volatility 20.0% vs 17.7% category avg

CostLow

0.1% expense vs 0.2% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.08%) vs the FoF Domestic average of 0.24%

Concerns

1-year return (+4.32%) trails the FoF Domestic average (+12.33%)
More volatile than its FoF Domestic peers (20.0% vs 17.7%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.08%

Category 0.24%▼0.16%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.72

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

If redeemed or switched out within 15 days from the date of allotment: 0.05%, If redeemed or switched out after 15 days from date of allotment: Nil

Up to 0.05%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty Smallcap 250 Momentum Quality 100 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

04 Mar 2024

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-2.92%

Absolute return over the last 3 months (not annualized)

+0.98%

Absolute return over the last 6 months (not annualized)

+21.54%

Absolute return since 1 Jan of this year (not annualized)

+7.71%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+4.32%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+1.71%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

20.02%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-30.91%

Benchmark ratios (vs Nifty Smallcap 250 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Smallcap 250 TRI

-5.33%

Sensitivity to Nifty Smallcap 250 TRI moves; 1 = moves with the index

0.99

How much of the fund's movement Nifty Smallcap 250 TRI explains

97.0%

Excess return per unit of beta (market risk)

-2.38

Active return over the benchmark per unit of tracking error

-1.47

Annualized std dev of fund-minus-benchmark returns

3.92%

Fund's share of benchmark gains in up months (100 = matches index)

87.7%

Fund's share of benchmark losses in down months (lower is better)

105.5%

Computed vs the Nifty Smallcap 250 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-2.92%	-3.40%	+0.48%
3M abs	+0.98%	-1.38%	+2.36%
6M abs	+21.54%	+4.77%	+16.77%
1Y CAGR	+4.32%	+12.33%	-8.01%
3Y CAGR	—	+19.75%	—
5Y CAGR	—	+13.12%	—

Category average across peers in FoF Domestic (154 of 155 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 155 peers in FoF Domestic

1Y return

+4.32%

Beats 39.3% · rank #72

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.28L

Absolute

+6.47%

XIRR

+14.42%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty Smallcap 250 TRI	Diff
2026part	+7.71%	+6.37%	+1.34%
2025	-12.42%	-5.29%	-7.13%
2024part	+10.75%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

636

Expense ratio

0.08%

AUM

₹226.32Cr

Portfolio turnover

14%

Exit load

If redeemed or switched out within 15 days from the date of allotment: 0.05%, If redeemed or switched out after 15 days from date of allotment: Nil

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · FoF Domestic

Compare all


Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of FundThis fund Mirae Asset · Direct · Growth	★★☆☆☆ 1Y	+4.32%	—	—	—	0.08%	₹226.32Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset · Direct · Growth	★★★★★	+46.31%	+59.01%	+36.50%	—	0.04%	₹2,418Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset · Direct · Growth	★★★★★	+48.18%	+46.49%	+29.85%	—	0.04%	—
Axis Silver Fund of Fund Axis · Direct · Growth	★★★★★	+51.54%	+46.04%	—	—	0.14%	₹1,209Cr
Nippon India Silver ETF FOF Nippon India · Direct · Growth	★★★★☆	+49.82%	+45.66%	—	—	0.22%	₹4,544Cr
Kotak Silver ETF Fund of Fund Kotak Mahindra · Direct · Growth	★★★★☆	+51.52%	+45.48%	—	—	0.28%	₹981.83Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other100.09%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-30.9%30 Jul 2024 → 23 Mar 2026
Still below that high — 1.6 years down, and no recovery yet.
-10.7%04 Mar 2024 → 13 Mar 2024
Fell over 9 days, back to the old high on 03 Apr 2024 — 21 days under water after the low.
-6.2%26 Apr 2024 → 13 May 2024
Fell over 17 days, back to the old high on 07 Jun 2024 — 25 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.

Launched

29 Nov 2007

Total AUM

₹2,37,421Cr+5.5% QoQ

Avg AUM · July - September 2026

Website

miraeassetmf.co.in

Fund Managers

EGEkta GalaStart date not disclosed

Role

Dealer – ETF and Fund Manager

Education

B. Com & Inter CA (IPCC)

Experience

Ms. Ekta Gala has over 7 years of Mr. Vishal Singh has over 6 years of experience as a dealer. Prior to this experience in the field of financial assignment, Ms. Ekta Gala was services. He has been associated with ICICI Prudential Asset associated with the AMC since June Management Company Ltd. 2020. Prior to this assignment, Mr. Singh was associated with NSE

Funds managed (48)

All schemes Ekta Gala runs →

AUAkshay UdeshiManaging since 12 Mar 2025

Role

Fund Manager

Education

MBA - Finance; B.E (Electronics)

Experience

Mr. Akshay Udeshi has over 6 years of experience in the field of financial services. He has been associated with the AMC since June 2021. Prior to this assignment, Mr. Udeshi was associated with Reliance Retail Limited where he was involved in product development in the affordability space. He also has an experience with L&T Financial Services where he was involved in product management of secured lending products.

Funds managed (36)

All schemes Akshay Udeshi runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Ekta Gala Akshay Udeshi

Mirae Asset in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

Frequently asked questions

What is the NAV of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

As of 05 Oct 2026, the NAV of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund is ₹10.53 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund delivered?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund has returned +4.32% over 1 year and +1.71% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund charges an expense ratio of 0.08% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund's largest holdings are Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF (100.1%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 20.0% and its worst peak-to-trough fall in our sample was -30.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund is benchmarked against the Nifty Smallcap 250 Momentum Quality 100 TRI. Its alpha and beta on this page are measured against that index.

Who manages Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund is managed by Ekta Gala and Akshay Udeshi at Mirae Asset.

How is Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund taxed?

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.