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Mirae Asset Nifty Midcap 150 ETF share price logo

Mirae Asset Nifty Midcap 150 ETF

(MIDCAPETF)

₹21.71▲1.5%

Mirae Asset Nifty Midcap 150 ETF Performance

  • Day's Low

    Day's High

    ₹21.68
    ₹22.27
  • 52 Week's Low

    52 Week's High

    ₹14.23
    ₹23.2
1 Month Return0 %
3 Month Return+ 3.62 %
1 Year Return+ 50.03 %
Previous Close₹22.04
Open₹22.27
Upper Circuit-
Lower Circuit-

Insights on Mirae Asset Nifty Midcap 150 ETF

Insights help you understand the recent movement of the ETF's critical parameters, giving you an overall view of the ETF.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, Mirae Asset Nifty Midcap 150 ETF has moved up by 50.03%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Motilal Oswal Midcap 100 ETF has given 51.80% return, outperforming Mirae Asset Nifty Midcap 150 ETF by 1.77%.

  • imgNO EFFECT

    Market Cap Breakup

    img

    Market Cap breakup for Mirae Asset Nifty Midcap 150 ETF is 83.11% in MID CAP, 8.53% in SMALL CAP and 8.35% in LARGE CAP with top sector being IT - Software with 8.40%

ETF Fundamentals

Expense Ratio0.05%
Avg. PE ratio39.26
Avg. PB ratio5.28
AUM₹945.06 Cr.

Companies in Mirae Asset Nifty Midcap 150 ETF

Companies 1D Returns
Suzlon Energy LtdSuzlon Energy Ltd2.16
Max Healthcare Institute LtdMax Healthcare Institute Ltd1.5
Indian Hotels Co LtdIndian Hotels Co Ltd1.12
Persistent Systems LtdPersistent Systems Ltd4.69
Lupin LtdLupin Ltd1.27

Portfolio Breakup

  • Sector

  • Market Cap

Sector

IT - Software
8.4%
Finance
8.03%
Pharmaceuticals
6.77%
Banks
6.44%
Capital Goods - Electrical Equipment
4.47%
Healthcare
3.66%
Realty
3.5%
Steel
3.41%
Auto Ancillaries
3.4%
Chemicals
3.29%
Capital Goods-Non Electrical Equipment
2.79%
Consumer Durables
2.66%
FMCG
2.29%
Agro Chemicals
2.17%
Tyres
1.99%
Hotels & Restaurants
1.69%
Plastic products
1.66%
Edible Oil
1.65%
Telecomm-Service
1.63%
Cables
1.61%
Gas Distribution
1.57%
Castings, Forgings & Fastners
1.57%
Cement
1.46%
Aerospace & Defence
1.44%
Power Generation & Distribution
1.41%
Financial Services
1.41%
E-Commerce/App based Aggregator
1.4%
Telecomm Equipment & Infra Services
1.37%
Automobile
1.35%
Refineries
1.29%
Logistics
1.27%
Infrastructure Developers & Operators
1.19%
Bearings
1.18%
Mining & Mineral products
1.14%
Readymade Garments/ Apparells
0.98%
Miscellaneous
0.95%
Crude Oil & Natural Gas
0.89%
Insurance
0.87%
Quick Service Restaurant
0.73%
Fertilizers
0.72%
Diamond, Gems and Jewellery
0.64%
Paints/Varnish
0.5%
Alcoholic Beverages
0.46%
Non Ferrous Metals
0.44%
Retail
0.39%
Ship Building
0.37%
Credit Rating Agencies
0.32%
Electronics
0.3%
Diversified
0.27%
Marine Port & Services
0.26%
Entertainment
0.2%
Leather
0.11%

About 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: ₹21.71 per unit as on 21 Oct, 2024 04:01 PM
Asset Under Management AUM: ₹945.06Cr as of today
Expense Ratio: 0.05% as of today
ExchangeNSE
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FAQs on Mirae Asset Nifty Midcap 150 ETF

Mirae Asset Nifty Midcap 150 ETF price is ₹21.71 today.

  • Today’s highest price of Mirae Asset Nifty Midcap 150 ETF is ₹22.27
  • Today’s lowest price of Mirae Asset Nifty Midcap 150 ETF is ₹21.68
Mirae Asset Nifty Midcap 150 ETFPrice
52 Week High
₹23.2
52 Week Low
₹14.23
Mirae Asset Nifty Midcap 150 ETFReturns
1 Day Returns
-0.33%
1 Month Returns
0%
3 Month Returns
3.62%
1 Year Returns
50.03%

Mirae Asset Nifty Midcap 150 ETF} price to earning (PE) ratio as on today is 39.26

You can invest via your demat account in the Mirae Asset Nifty Midcap 150 ETF. You can invest either through SIP mode or lumpsum mode.

Yes. Mirae Asset Nifty Midcap 150 ETF is available for SIP on INDmoney platform for daily, weekly or monthly SIP.

Mirae Asset Nifty Midcap 150 ETF's drawbacks are not related to specifically Mirae Asset Nifty Midcap 150 ETF. In Indian context, some of the ETFs have a drawbacks of higher tracking, lower trading volumes, etc.

Yes. Mirae Asset Nifty Midcap 150 ETF can used as collateral for a loan under Loan Against Securities.