NAV as on 29-04-2025
₹ 9.53
▲1%
1D
Inception Returns
/yr
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth is an equity fund. This fund was started on 1 March, 2024. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has given a CAGR return of -4.32% since inception. Over the last 1 year the fund has given a CAGR return of -10.73%.
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Basic Materials, Tech, Consumer Defensive, Consumer Cyclical, Energy, Communication, Utilities, Real Estate. Its top holdings are Mirae Asset Nfty SmCp 250 Mmt Qul 100ETF
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has no lock in period.
Expense ratio | 0.86% |
Benchmark | Nifty Smallcap 250 Momentum Quality 100 |
AUM | ₹177 Cr |
Inception Date | 1 March, 2024 |
Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.1% |
Lock In | No Lock-in |
TurnOver | 114.61% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (29-Apr-25)
as on (31-Dec-69)
Top 3 Sectors in March were Industrial, Financial Services & Health
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.4% | 1.4% |
6 Month Returns | -13.78% | -13.78% |
1 Year Returns | -10.73% | -10.73% |
3 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | -0.23 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | 26.02 | - | - |