Mirae Asset Nifty Midcap 150 ETF

Mirae Asset Nifty Midcap 150 ETF is an investment product that allows you to invest in a basket of 150 mid-sized companies in India. Companies are often categorized as either small-cap, mid-cap, or large-cap based on their market capitalization (the total value of their outstanding shares). Mid-cap companies typically have a market capitalization between Rs. 5 billion and Rs. 100 billion.

By investing in the Mirae Asset Nifty Midcap 150 ETF, an investor owns a small piece of each of the 150 companies that make up the index. This provides you with diversification across multiple mid-cap companies, reducing your overall investment risk.

One of the advantages of investing in an ETF is that it's a passive investment product, meaning that it's managed to track the performance of the index it's based on, rather than trying to beat the market through active management. This typically results in lower fees than actively managed funds and can provide good returns over the long-term.

Owner: Mirae Asset Mutual Fund
Ticker: MIDCAPETF
Price: ₹20.83 per unit as on 25 Mar, 2026 04:01 PM
Asset Under Management AUM: ₹1,468.06Cr as of today
Expense Ratio: 0.06% as of today