Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund
Get the latest NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹9.97
1D
NAV as on 12 May 2026
0.56%/per year
Since Inception
▲▼
1237 people have invested ₹ 1.2Cr in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund in the last three months
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (12-May-26)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund Asset Allocation
See fund asset allocation details as on (13-Apr-26)
Fund Distribution
as on (13-Apr-26)
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund Sector Allocation
See fund sector allocation details as on (13-Apr-26)
Sector Allocation
Top 3 Sectors in March were Financial Services, Industrial & Tech
Financial Services
37%
Industrial
16%
Tech
12%
Financial Services
37%
Industrial
16%
Tech
12%
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund Holdings Details
as on (30-Apr-26)
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.58% |
Benchmark | NiftyMidSmallcap400MomentumQuality100TRI |
| AUM | ₹223 Cr |
| Inception Date | 31 May, 2024 |
| Min Lumpsum/SIP | ₹5,000/₹99 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 16.3% |
| Risk |   Very High Risk |
About Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund is an equity fund. This fund was started on 31 May, 2024. The fund is managed by Ekta Gala, Akshay Udeshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund has ₹223 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund has given a CAGR return of 0.56% since inception. Over the last 1 year the fund has given a CAGR return of 4.18%.
Holdings
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Basic Materials, Health, Consumer Defensive, Communication, Energy, Utilities. Its top holdings are Mirae Asset Nfty MdSmcp400 Mmt Ql 100ETF
Taxation
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.
Investment objective of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund has no lock in period.
Fund Manager
Ekta Gala
Fund Manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund, since 31 May 2024
Akshay Udeshi
Fund Manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund, since 12 March 2025
- AUM of the fund stands at 238.3 Cr as of Mar'26
- AUM has remained same between Mar'26 and Feb'26
Frequently Asked Questions for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund
How do I invest in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Dir Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.