Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
Performance
Scorecard
★★★☆☆3/5 vs 41 of 73 Equity ETF 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 Equity ETF (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. 41 of the 73 Equity ETF funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Equity ETF peers to rank yet
Volatility 20.0% vs 16.8% category avg
0.6% expense vs 0.7% category avg
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
- Ahead of the Equity ETF average on 1M/3M/6M/1Y — 1Y by 4.36pp
- Low expense ratio (0.64%) vs the Equity ETF average of 0.73%
Concerns
- More volatile than its Equity ETF peers (20.0% vs 16.8%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Equity ETF)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.15% | -5.24% | +1.09% |
| 3M abs | -1.88% | -3.91% | +2.04% |
| 6M abs | +12.51% | +5.86% | +6.65% |
| 1Y CAGR | +3.66% | -0.70% | +4.36% |
| 3Y CAGR | — | +11.60% | — |
| 5Y CAGR | — | +9.62% | — |
Category average across peers in Equity ETF (72 of 73 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 73 peers in Equity ETF
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF, 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 | +4.09% | +6.37% | -2.28% | |
| 2025 | -7.32% | -5.29% | -2.03% | |
| 2024part | +4.73% | — | — |
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.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Exit load changed: none → 0.05% within 15 days05 Oct 2026
- Exit load changed: 0.05% within 15 days → none05 Oct 2026
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.97%
- Cash & Equivalents0.03%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹448.83Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
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.
Fund Managers
EGEkta GalaStart date not disclosed
Dealer – ETF and Fund Manager
B. Com & Inter CA (IPCC)
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
- Mirae Asset BSE 200 Equal Weight ETF
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- Mirae Asset BSE India Defence ETF
- Mirae Asset BSE India Defence ETF FOF
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- Mirae Asset BSE Midcap 150 Momentum 30 ETF
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- MIRAE ASSET NIFTY INDIA INTERNET ETF
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- Mirae Asset Nifty India Manufacturing ETF Fund of Fund
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- Mirae Asset Nifty LargeMidcap 250 Index Fund
- MIRAE ASSET NIFTY METAL ETF
- Mirae Asset Nifty Metal ETF FOF
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- MIRAE ASSET NIFTY MIDSMALLCAP400 MOMENTUM QUALITY 100 ETF FUND OF FUND
- Mirae Asset Nifty Next 50 ETF
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- Mirae Asset Nifty Smallcap 250 ETF
- Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
- MIRAE ASSET NIFTY SMALLCAP 250 MOMENTUM QUALITY 100 ETF FUND OF FUND
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- Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
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AUAkshay UdeshiStart date not disclosed
Fund Manager
MBA - Finance; B.E (Electronics)
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.
- Mirae Asset BSE 200 Equal Weight ETF
- MIRAE ASSET BSE 200 EQUAL WEIGHT ETF FUND OF FUND
- Mirae Asset BSE 500 Dividend leaders 50 ETF
- Mirae Asset BSE India Defence ETF
- Mirae Asset BSE India Defence ETF FOF
- Mirae Asset BSE Information Technology Index Fund
- MIRAE ASSET BSE SELECT IPO ETF
- MIRAE ASSET BSE SELECT IPO ETF FUND OF FUND
- Mirae Asset Gold ETF Fund of Fund
- MIRAE ASSET HANG SENG TECH ETF FUND OF FUND
- MIRAE ASSET NIFTY 100 ESG SECTOR LEADERS ETF
- MIRAE ASSET NIFTY 100 ESG SECTOR LEADERS FUND OF FUND
- Mirae Asset Nifty 200 Alpha 30 ETF
- Mirae Asset Nifty 500 Value 50 ETF
- Mirae Asset Nifty Energy ETF
- MIRAE ASSET NIFTY EV AND NEW AGE AUTOMOTIVE ETF
- Mirae Asset Nifty India Infrastructure & Logistics ETF
- MIRAE ASSET NIFTY INDIA INTERNET ETF
- MIRAE ASSET NIFTY INDIA NEW AGE CONSUMPTION ETF
- MIRAE ASSET NIFTY INDIA NEW AGE CONSUMPTION ETF FUND OF FUND
- MIRAE ASSET NIFTY METAL ETF
- Mirae Asset Nifty Metal ETF FOF
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- MIRAE ASSET NIFTY PSU BANK ETF
- Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
- MIRAE ASSET NIFTY SMALLCAP 250 MOMENTUM QUALITY 100 ETF FUND OF FUND
- Mirae Asset Nifty Top 20 Equal weight ETF
- Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
- Mirae Asset Nifty50 Equal Weight ETF
- MIRAE ASSET NYSE FANG+ ETF FUND OF FUND
- MIRAE ASSET S&P 500 TOP 50 ETF FUND OF FUND
- Mirae Asset Gold ETF
- Mirae Asset Nifty 100 Low Volatility 30 ETF
- Mirae Asset Nifty India Manufacturing ETF
- Mirae Asset Nifty India Manufacturing ETF Fund of Fund - Direct Plan - Growth
- Mirae Asset Silver ETF
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.
Explore from here
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.
Mirae Asset Ultra Short to Short Term Fund Regular Plan Growth
ClearTax · 2d ago
Multi-asset allocation mutual funds: Nippon India, HDFC feature among SIP top performers and laggards
The Economic Times · 2d ago
New fund offers: 9 mutual funds and 2 SIFs are open for subscription now. Check dates and details
The Economic Times · 4d ago
Mirae Asset S&P 500 Top 50 ETF Share Price Today – MASPTOP50 (Live NSE/BSE)
INDmoney · 4d ago
Mirae Asset NYSE FANG+ ETF Share Price Today – MAFANG (Live NSE/BSE)
INDmoney · 4d ago
Mirae Asset cuts Gland Pharma stake to 2.95% after open market sale
scanx.trade · 5d ago
Mirae Asset MF introduces Life Cycle Fund 2056
Investment Guru India · 7d ago
NFO Alert: Mirae Asset Mutual Fund Launches Life Cycle Fund 2056, Check Key Details
Outlook Money · 7d ago
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.
About Equity ETFs
Equity ETFs track an equity index and trade on the exchange through the day, so you buy at a market price that can sit slightly above or below the fund's NAV. That is the trade-off against an index fund, which always transacts at NAV but only once a day.
Frequently asked questions
What is the NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF?
As of 05 Oct 2026, the NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF is ₹49.62 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF delivered?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF has returned +3.66% over 1 year and +0.43% 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 MidSmallcap400 Momentum Quality 100 ETF?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF charges an expense ratio of 0.64% 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 MidSmallcap400 Momentum Quality 100 ETF?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF's largest holdings are Laurus Labs Ltd. (4.4%), The Federal Bank Ltd. (4.3%), BSE Ltd. (4.2%), Multi Commodity Exchange of India Ltd. (3.7%) and Bharat Forge Ltd. (2.9%). Holdings are disclosed monthly and change over time.
How risky is Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF 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 -25.9%. 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 MidSmallcap400 Momentum Quality 100 ETF?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF is benchmarked against the Nifty MidSmallcap400 Momentum Quality 100 TRI (Total Return Index). Its alpha and beta on this page are measured against that index.
Who manages Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF is managed by Ekta Gala and Akshay Udeshi at Mirae Asset.
How is Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF taxed?
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.