Direct
NAV (05-Sep-24)
₹54.39-0.35%1D
Returns (Since Inception)
10.73%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹243 Cr
Expense Ratio
0.35%
ISIN
INF769K01LJ8
Minimum SIP
-
Exit Load
-
Inception Date
23 May 2024
About this fund
This fund has been in existence for 3 months and 15 days, having been launched on 23-May-24.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹54.39, Assets Under Management (AUM) of 242.67 Crores, and an expense ratio of 0.35%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹54.39, Assets Under Management (AUM) of 242.67 Crores, and an expense ratio of 0.35%.
- Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF has given a CAGR return of 10.73% since inception.
- The fund's asset allocation comprises around 99.90% in equities, 0.00% in debts, and 0.10% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+10.73%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹242.42 Cr | 99.90% |
| Others | ₹0.25 Cr | 0.10% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cummins India Ltd | Equity | ₹10.95 Cr | 4.51% |
| Dixon Technologies (India) Ltd | Equity | ₹8.7 Cr | 3.59% |
| CG Power & Industrial Solutions Ltd | Equity | ₹7.41 Cr | 3.05% |
| Oil India Ltd | Equity | ₹6.39 Cr | 2.64% |
| HDFC Asset Management Co Ltd | Equity | ₹6.05 Cr | 2.49% |
| Cochin Shipyard Ltd | Equity | ₹5.99 Cr | 2.47% |
| Rail Vikas Nigam Ltd | Equity | ₹5.95 Cr | 2.45% |
| Voltas Ltd | Equity | ₹5.36 Cr | 2.21% |
| Persistent Systems Ltd | Equity | ₹5.11 Cr | 2.11% |
| NHPC Ltd | Equity | ₹5.03 Cr | 2.07% |
| Torrent Power Ltd | Equity | ₹4.85 Cr | 2.00% |
| NMDC Ltd | Equity | ₹4.5 Cr | 1.86% |
| Solar Industries India Ltd | Equity | ₹4.49 Cr | 1.85% |
| Oracle Financial Services Software Ltd | Equity | ₹4.43 Cr | 1.82% |
| Aurobindo Pharma Ltd | Equity | ₹4.31 Cr | 1.78% |
| Housing & Urban Development Corp Ltd | Equity | ₹4.02 Cr | 1.65% |
| Polycab India Ltd | Equity | ₹4 Cr | 1.65% |
| Supreme Industries Ltd | Equity | ₹3.96 Cr | 1.63% |
| Jindal Stainless Ltd | Equity | ₹3.88 Cr | 1.60% |
| Thermax Ltd | Equity | ₹3.86 Cr | 1.59% |
| Coforge Ltd | Equity | ₹3.75 Cr | 1.55% |
| Container Corporation of India Ltd | Equity | ₹3.55 Cr | 1.46% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹3.53 Cr | 1.46% |
| Petronet LNG Ltd | Equity | ₹3.47 Cr | 1.43% |
| KEI Industries Ltd | Equity | ₹3.37 Cr | 1.39% |
| National Aluminium Co Ltd | Equity | ₹3.18 Cr | 1.31% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹3.12 Cr | 1.29% |
| Apar Industries Ltd | Equity | ₹2.99 Cr | 1.23% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹2.91 Cr | 1.20% |
| KPIT Technologies Ltd | Equity | ₹2.89 Cr | 1.19% |
| Central Depository Services (India) Ltd | Equity | ₹2.84 Cr | 1.17% |
| Oberoi Realty Ltd | Equity | ₹2.84 Cr | 1.17% |
| Indian Bank | Equity | ₹2.68 Cr | 1.10% |
| NCC Ltd | Equity | ₹2.64 Cr | 1.09% |
| Tata Elxsi Ltd | Equity | ₹2.56 Cr | 1.06% |
| Astral Ltd | Equity | ₹2.51 Cr | 1.03% |
| Linde India Ltd | Equity | ₹2.44 Cr | 1.01% |
| Alkem Laboratories Ltd | Equity | ₹2.38 Cr | 0.98% |
| APL Apollo Tubes Ltd | Equity | ₹2.37 Cr | 0.98% |
| Karur Vysya Bank Ltd | Equity | ₹2.31 Cr | 0.95% |
| Coromandel International Ltd | Equity | ₹2.22 Cr | 0.92% |
| NBCC India Ltd | Equity | ₹2.19 Cr | 0.90% |
| Titagarh Rail Systems Ltd | Equity | ₹2.16 Cr | 0.89% |
| Castrol India Ltd | Equity | ₹2.12 Cr | 0.87% |
| Hindustan Copper Ltd | Equity | ₹2.1 Cr | 0.86% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹2.06 Cr | 0.85% |
| UNO Minda Ltd | Equity | ₹2.02 Cr | 0.83% |
| Tata Communications Ltd | Equity | ₹2.01 Cr | 0.83% |
| Emami Ltd | Equity | ₹2.01 Cr | 0.83% |
| Deepak Nitrite Ltd | Equity | ₹1.97 Cr | 0.81% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹1.95 Cr | 0.80% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹1.89 Cr | 0.78% |
| Indian Energy Exchange Ltd | Equity | ₹1.87 Cr | 0.77% |
| Motilal Oswal Financial Services Ltd | Equity | ₹1.86 Cr | 0.76% |
| Indraprastha Gas Ltd | Equity | ₹1.74 Cr | 0.72% |
| Escorts Kubota Ltd | Equity | ₹1.68 Cr | 0.69% |
| Abbott India Ltd | Equity | ₹1.67 Cr | 0.69% |
| Great Eastern Shipping Co Ltd | Equity | ₹1.6 Cr | 0.66% |
| EIH Ltd | Equity | ₹1.53 Cr | 0.63% |
| Finolex Cables Ltd | Equity | ₹1.53 Cr | 0.63% |
| Natco Pharma Ltd | Equity | ₹1.51 Cr | 0.62% |
| Jupiter Wagons Ltd | Equity | ₹1.5 Cr | 0.62% |
| Honeywell Automation India Ltd | Equity | ₹1.49 Cr | 0.61% |
| Timken India Ltd | Equity | ₹1.46 Cr | 0.60% |
| IRCON International Ltd | Equity | ₹1.4 Cr | 0.58% |
| L&T Technology Services Ltd | Equity | ₹1.37 Cr | 0.56% |
| HBL Power Systems Ltd | Equity | ₹1.27 Cr | 0.52% |
| Gujarat Gas Ltd | Equity | ₹1.26 Cr | 0.52% |
| Mahanagar Gas Ltd | Equity | ₹1.21 Cr | 0.50% |
| Birlasoft Ltd | Equity | ₹1.16 Cr | 0.48% |
| Garden Reach Shipbuilders & Engineers Ltd | Equity | ₹1.13 Cr | 0.46% |
| Engineers India Ltd | Equity | ₹1.1 Cr | 0.45% |
| Godawari Power & Ispat Ltd | Equity | ₹1.05 Cr | 0.43% |
| Endurance Technologies Ltd | Equity | ₹1.01 Cr | 0.42% |
| Godfrey Phillips India Ltd | Equity | ₹1 Cr | 0.41% |
| Kajaria Ceramics Ltd | Equity | ₹0.99 Cr | 0.41% |
| Dr. Lal PathLabs Ltd | Equity | ₹0.96 Cr | 0.40% |
| Action Construction Equipment Ltd | Equity | ₹0.96 Cr | 0.40% |
| Zensar Technologies Ltd | Equity | ₹0.94 Cr | 0.39% |
| Narayana Hrudayalaya Ltd | Equity | ₹0.89 Cr | 0.37% |
| Praj Industries Ltd | Equity | ₹0.89 Cr | 0.37% |
| Chennai Petroleum Corp Ltd | Equity | ₹0.86 Cr | 0.36% |
| Bank of Maharashtra | Equity | ₹0.86 Cr | 0.35% |
| Triveni Turbine Ltd | Equity | ₹0.83 Cr | 0.34% |
| ICICI Securities Ltd | Equity | ₹0.81 Cr | 0.33% |
| Gujarat Pipavav Port Ltd | Equity | ₹0.8 Cr | 0.33% |
| KSB Ltd | Equity | ₹0.76 Cr | 0.31% |
| Jyothy Labs Ltd | Equity | ₹0.74 Cr | 0.30% |
| Sun TV Network Ltd | Equity | ₹0.73 Cr | 0.30% |
| Elecon Engineering Co Ltd | Equity | ₹0.67 Cr | 0.27% |
| RITES Ltd Ordinary Shares | Equity | ₹0.66 Cr | 0.27% |
| Usha Martin Ltd | Equity | ₹0.62 Cr | 0.26% |
| AstraZeneca Pharma India Ltd | Equity | ₹0.58 Cr | 0.24% |
| Triveni Engineering & Industries Ltd | Equity | ₹0.56 Cr | 0.23% |
| Gujarat State Fertilizers & Chemicals Ltd | Equity | ₹0.56 Cr | 0.23% |
| BLS International Services Ltd | Equity | ₹0.53 Cr | 0.22% |
| Saregama India Ltd | Equity | ₹0.5 Cr | 0.21% |
| Gujarat Mineral Development Corp Ltd | Equity | ₹0.38 Cr | 0.16% |
| Caplin Point Laboratories Ltd | Equity | ₹0.37 Cr | 0.15% |
| Avanti Feeds Ltd | Equity | ₹0.31 Cr | 0.13% |
| Net Receivables / (Payables) | Cash | ₹0.23 Cr | 0.10% |
| Treps | Cash - Repurchase Agreement | ₹0.02 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
1.65%
Mid Cap Stocks
65.68%
Small Cap Stocks
32.57%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹94.56 Cr | 38.96% |
| Technology | ₹30.92 Cr | 12.74% |
| Basic Materials | ₹29.38 Cr | 12.11% |
| Financial Services | ₹27.23 Cr | 11.22% |
| Healthcare | ₹17.75 Cr | 7.31% |
| Utilities | ₹14.08 Cr | 5.80% |
| Energy | ₹13.23 Cr | 5.45% |
| Consumer Defensive | ₹4.61 Cr | 1.90% |
| Consumer Cyclical | ₹4.57 Cr | 1.88% |
| Communication Services | ₹3.24 Cr | 1.34% |
| Real Estate | ₹2.84 Cr | 1.17% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Ekta Gala
Since May 2024
VS
Vishal Singh
Since May 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01LJ8 | Expense Ratio | 0.35% | Exit Load | - | Fund Size | ₹243 Cr | Age | 23 May 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty MidSmall400 Mom Quality 100 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹228.86 Cr | 35.0% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹228.86 Cr | 34.5% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹593.72 Cr | 56.2% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹593.72 Cr | 53.7% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹3254.35 Cr | 58.1% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3254.35 Cr | 56.2% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹268.02 Cr | 63.2% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹101.33 Cr | 34.2% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF?
The NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF, as of 05-Sep-2024, is ₹54.39.
What is the portfolio composition of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF?
The fund's allocation of assets is distributed as 99.90% in equities, 0.00% in bonds, and 0.10% in cash and cash equivalents.
Who manages the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF?
The fund managers responsible for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF are:-
- Ekta Gala
- Vishal Singh
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.