Mirae Asset Nifty Smallcap 250 Momentum Quality 10...
NAV as of Jun 28, 2024
11.300.12%
(Earn upto 0.60% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.10%(0.66% Category
average)Fund Size:
Rs. 113.52 Cr(0.09% of Investment in Category)
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Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF ...
NAV as of Jun 28, 2024
11.300.12%
Expense Ratio:
0.10%
Fund Size:
Rs. 113.52 Cr
Fund Category:
Equity: Thematic
1. Current NAV: The Current Net Asset Value of the Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan as of Jun 28, 2024 is Rs 11.30 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 12.96% (since launch). Whereas, Category returns for the same time duration are: 46.59% (1yr), 21.53% (3yr) and 21.1% (5yr).
3. Fund Size: The Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 113.52 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.1% for Direct plan as on Jun 22, 2024.
5. Exit Load: Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 8.64 17.73 - - - - Category Avg 7.22 14.88 21.86 46.59 21.53 21.10 Rank within Category 17 20 - - - - No. of funds within Category 90 83 76 61 27 18 - Loading...
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Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW Fund Details
Investment Objective - The scheme seeks 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.
Fund House | Mirae Asset Mutual Fund |
Launch Date | Mar 01, 2024 |
Benchmark | Nifty Smallcap 250 Momentum Quality 100 Total Return Index |
Return Since Launch | 12.96% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 0.50%, if redeemed within 3 months. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | |
---|---|---|---|
Number of Holdings | 1 | 1 | 1 |
Top 5 Company Holdings | 100.19% | 100.28% | 99.36% |
Top 10 Company Holdings | 100.19% | 100.28% | 99.36% |
Company with Highest Exposure | Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF-G (100.19%) | Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF-G (100.28%) | Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF-G (99.36%) |
Number of Sectors | 16 | 16 | 16 |
Top 3 Sector Holdings | 43.54% | 43.61% | 43.65% |
Top 5 Sector Holdings | 62.05% | 62.48% | 62.09% |
Sector with Highest Exposure | Financial (18.25%) | Financial (18.75%) | Financial (17.55%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF-G Financial 100.19 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW 11.30 Unrated 113.52 8.64 - - - Axis India Manufacturing Fund Direct-IDCW 14.02 Unrated 5,193.03 7.35 - - - Nippon India Quant Fund Retail Direct-IDCW 41.49 Unrated 64.87 5.36 43.63 23.59 21.84 Axis Innovation Fund Direct-IDCW 18.55 Unrated 1,208.96 8.04 38.33 17.13 - ICICI Prudential Transportation and Logistics Fund Direct - IDCW 18.77 Unrated 2,924.15 8.37 61.12 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Mirae Asset Mutual Fund News
Fund Manager
- E.G.Ekta GalaSince Feb 20243 schemes
- V.S.Vishal SinghSince Feb 20242 schemes
Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - IDCW Thematic 10.57 Unrated 79.62 - Mirae Asset Nifty India Manufacturing ETF FoF Direct - IDCW Thematic 18.58 Unrated 87.16 59.05 Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct-IDCW Thematic-ESG 17.94 Unrated 105.57 30.19 Mr. Singh has done B.Com, CA, CFA and FRM Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - IDCW Thematic 10.57 Unrated 79.62 - Mirae Asset Nifty India Manufacturing ETF FoF Direct - IDCW Thematic 18.58 Unrated 87.16 59.05
More Mirae Asset Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Mirae Asset Large Cap Fund Direct- Growth | 37,631.07 | 5.71 | 9.84 | 11.50 | 26.08 | 15.16 | |
Mirae Asset Large & Midcap Fund Direct-Growth | 35,272.60 | 5.52 | 14.15 | 16.95 | 41.47 | 19.71 | |
Mirae Asset ELSS Tax Saver Fund Direct-Growth | 22,620.57 | 5.50 | 13.17 | 16.07 | 37.38 | 19.01 | |
Mirae Asset Midcap Fund Direct - Growth | 15,353.87 | 6.08 | 19.03 | 20.87 | 51.46 | 25.67 | |
Mirae Asset Liquid Fund Direct- Growth | 11,570.11 | 0.61 | 1.88 | 3.77 | 7.38 | 5.80 | |
Mirae Asset Aggressive Hybrid Fund Direct-Growth | 8,563.76 | 5.34 | 9.90 | 12.94 | 27.28 | 15.50 | |
Mirae Asset Focused Fund Direct - Growth | 7,920.31 | 5.13 | 8.25 | 8.42 | 19.79 | 12.36 | |
Mirae Asset Great Consumer Fund Direct-Growth | 3,409.20 | 6.12 | 16.82 | 16.97 | 36.26 | 24.29 | |
Mirae Asset Multicap Fund Direct - Growth | 2,778.68 | 5.40 | 15.27 | 16.92 | - | - | |
Mirae Asset Healthcare Fund Direct - Growth | 2,201.96 | 5.20 | 8.38 | 20.17 | 47.94 | 16.69 |
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1. Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan is Open-ended Thematic Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Mar 01, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against Nifty Smallcap 250 Momentum Quality 100 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 100.2% in equities, 0.0% in debts and -0.2% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 100.19% of the assets, the top 3 sectors constitute around 43.54% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW
- Is it safe to invest in Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan comes under Very High risk category.
- What is the category of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan?Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan?The suggested investment horizon of investing into Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan?The Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF - Direct Plan is managed by Ekta Gala (Since Feb 15, 2024) and Vishal Singh (Since Feb 15, 2024).
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