MIRAE ASSET
NIFTY MIDCAP 150 ETF (NSE Symbol : MIDCAPETF&, BSE Code: 543481)
(An open-ended scheme replicating/tracking Nifty Midcap 150 Total Return Index)
| Type of Scheme | An open-ended scheme replicating/tracking Nifty Midcap 150 Total Return Index |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Midcap 150 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Ms. Ekta Gala (since March 09, 2022) Mr. Vishal Singh## - (since August 28, 2023) |
| Allotment Date | 09th March 2022 |
| Benchmark Index | Nifty Midcap 150 Index (TRI) |
| Minimum Investment Amount^ |
Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Minimum amount of ₹25 crores for transacting directly with the AMC. Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. On exchange In multiple of 1 units Directly with AMC In multiple of 4,00,000 units |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: For Creation Unit Size: No Exit load will be levied on redemptions made by Authorized Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: Not Applicable - The Units of, MIDCAPETF in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days." |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on August 31, 2023 | 481.09 |
| Net AUM (₹ Cr.) | 562.80 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.06% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on August 31, 2023 | 0.05% |
| **For experience of Fund Managers Click Here | |
| ##As per notice cum addendum no. 43/2023 fund manager of the scheme has changed. Please visit the website for more details: https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum | |
| ^The said threshold limit shall not be applicable to the below mentioned investors and the AMC will allow direct transactions in ETF in Creation Unit size for below mentioned category of investors until October 31, 2023:- 1. Schemes managed by Employee Provident Fund Organisation, India. 2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961. |
|
| ₹ 14.8073 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
| Portfolio Holdings | % Allocation |
| Finance | |
| Shriram Finance Ltd | 2.33% |
| Power Finance Corporation Ltd | 1.37% |
| REC Ltd | 1.34% |
| Mahindra & Mahindra Financial Services Ltd | 0.80% |
| Sundaram Finance Ltd | 0.80% |
| Piramal Enterprises Ltd | 0.64% |
| LIC Housing Finance Ltd | 0.58% |
| Aditya Birla Capital Ltd | 0.58% |
| Poonawalla Fincorp Ltd | 0.54% |
| CRISIL Ltd | 0.43% |
| L&T Finance Holdings Ltd | 0.42% |
| Indian Railway Finance Corporation Ltd | 0.42% |
| Aavas Financiers Ltd | 0.34% |
| Industrial Products | |
| Supreme Industries Ltd | 1.31% |
| APL Apollo Tubes Ltd | 1.31% |
| Bharat Forge Ltd | 1.24% |
| Polycab India Ltd | 1.08% |
| Cummins India Ltd | 1.05% |
| Astral Ltd | 1.05% |
| AIA Engineering Ltd | 0.66% |
| SKF India Ltd | 0.55% |
| Grindwell Norton Ltd | 0.48% |
| Timken India Ltd | 0.34% |
| Banks | |
| AU Small Finance Bank Ltd | 1.58% |
| The Federal Bank Ltd | 1.53% |
| Yes Bank Ltd | 1.34% |
| IDFC First Bank Ltd | 1.32% |
| Punjab National Bank | 0.85% |
| Bandhan Bank Ltd | 0.77% |
| Union Bank of India | 0.45% |
| Indian Bank | 0.43% |
| Bank of India | 0.30% |
| Pharmaceuticals & Biotechnology | |
| Lupin Ltd | 1.20% |
| Aurobindo Pharma Ltd | 1.06% |
| Alkem Laboratories Ltd | 0.81% |
| Zydus Lifesciences Ltd | 0.72% |
| Laurus Labs Ltd | 0.71% |
| Abbott India Ltd | 0.56% |
| Gland Pharma Ltd | 0.55% |
| IPCA Laboratories Ltd | 0.53% |
| Biocon Ltd | 0.52% |
| Ajanta Pharma Ltd | 0.34% |
| GlaxoSmithKline Pharmaceuticals Ltd | 0.26% |
| Pfizer Ltd | 0.26% |
| Mankind Pharma Ltd | 0.23% |
| Auto Components | |
| Tube Investments of India Ltd | 1.37% |
| Sona BLW Precision Forgings Ltd | 1.06% |
| MRF Ltd | 1.00% |
| Balkrishna Industries Ltd | 0.84% |
| Sundram Fasteners Ltd | 0.62% |
| Apollo Tyres Ltd | 0.58% |
| Schaeffler India Ltd | 0.56% |
| Motherson Sumi Wiring India Ltd | 0.47% |
| UNO Minda Ltd | 0.47% |
| ZF Commercial Vehicle Control Systems India Ltd | 0.30% |
| Endurance Technologies Ltd | 0.26% |
| Chemicals & Petrochemicals | |
| Tata Chemicals Ltd | 0.75% |
| Navin Fluorine International Ltd | 0.72% |
| Deepak Nitrite Ltd | 0.69% |
| Linde India Ltd | 0.61% |
| Gujarat Fluorochemicals Ltd | 0.55% |
| Solar Industries India Ltd | 0.54% |
| Atul Ltd | 0.53% |
| Aarti Industries Ltd | 0.44% |
| Vinati Organics Ltd | 0.22% |
| Fine Organic Industries Ltd | 0.17% |
| Alkyl Amines Chemicals Ltd | 0.16% |
| Clean Science and Technology Ltd | 0.12% |
| IT - Software | |
| Persistent Systems Ltd | 1.26% |
| Tata Elxsi Ltd | 1.15% |
| Coforge Ltd | 1.05% |
| MphasiS Ltd | 0.91% |
| Oracle Financial Services Software Ltd | 0.44% |
| Happiest Minds Technologies Ltd | 0.27% |
| Consumer Durables | |
| Voltas Ltd | 0.90% |
| Crompton Greaves Consumer Electricals Ltd | 0.87% |
| Dixon Technologies (India) Ltd | 0.84% |
| Kajaria Ceramics Ltd | 0.55% |
| Bata India Ltd | 0.49% |
| Relaxo Footwears Ltd | 0.31% |
| Kansai Nerolac Paints Ltd | 0.31% |
| Rajesh Exports Ltd | 0.30% |
| Whirlpool of India Ltd | 0.24% |
| Metro Brands Ltd | 0.14% |
| Healthcare Services | |
| Max Healthcare Institute Ltd | 1.97% |
| Fortis Healthcare Ltd | 0.78% |
| Syngene International Ltd | 0.62% |
| Dr. Lal Path Labs Ltd | 0.34% |
| Realty | |
| Godrej Properties Ltd | 0.85% |
| The Phoenix Mills Ltd | 0.76% |
| Macrotech Developers Ltd | 0.73% |
| Oberoi Realty Ltd | 0.59% |
| Prestige Estates Projects Ltd | 0.41% |
| Leisure Services | |
| The Indian Hotels Company Ltd | 1.68% |
| Jubilant Foodworks Ltd | 0.89% |
| Devyani International Ltd | 0.34% |
| Power | |
| Adani Power Ltd | 1.12% |
| JSW Energy Ltd | 0.65% |
| NHPC Ltd | 0.62% |
| Torrent Power Ltd | 0.50% |
| Retailing | |
| Trent Ltd | 2.05% |
| Aditya Birla Fashion and Retail Ltd | 0.33% |
| Vedant Fashions Ltd | 0.21% |
| Electrical Equipment | |
| CG Power and Industrial Solutions Ltd | 1.25% |
| Bharat Heavy Electricals Ltd | 0.71% |
| Thermax Ltd | 0.49% |
| Gas | |
| Indraprastha Gas Ltd | 0.74% |
| Petronet LNG Ltd | 0.73% |
| Gujarat Gas Ltd | 0.35% |
| Cement & Cement Products | |
| Dalmia Bharat Ltd | 0.74% |
| The Ramco Cements Ltd | 0.50% |
| JK Cement Ltd | 0.50% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Ltd | 1.20% |
| Escorts Kubota Ltd | 0.48% |
| Insurance | |
| Max Financial Services Ltd | 0.99% |
| General Insurance Corporation of India | 0.24% |
| Star Health And Allied Insurance Company Ltd | 0.24% |
| The New India Assurance Company Ltd | 0.14% |
| Transport Services | |
| Container Corporation of India Ltd | 0.84% |
| Delhivery Ltd | 0.61% |
| Blue Dart Express Ltd | 0.17% |
| Financial Technology (Fintech) | |
| PB Fintech Ltd | 0.84% |
| One 97 Communications Ltd | 0.74% |
| Automobiles | |
| TVS Motor Company Ltd | 1.50% |
| Telecom - Services | |
| Tata Communications Ltd | 0.95% |
| Vodafone Idea Ltd | 0.32% |
| Tata Teleservices (Maharashtra) Ltd | 0.20% |
| Entertainment | |
| Zee Entertainment Enterprises Ltd | 1.10% |
| Sun TV Network Ltd | 0.23% |
| Fertilizers & Agrochemicals | |
| Coromandel International Ltd | 0.58% |
| Bayer Cropscience Ltd | 0.27% |
| Sumitomo Chemical India Ltd | 0.25% |
| IT - Services | |
| L&T Technology Services Ltd | 0.55% |
| Affle (India) Ltd | 0.26% |
| Petroleum Products | |
| Hindustan Petroleum Corporation Ltd | 0.72% |
| Transport Infrastructure | |
| GMR Airports Infrastructure Ltd | 0.69% |
| Minerals & Mining | |
| NMDC Ltd | 0.64% |
| Ferrous Metals | |
| Steel Authority of India Ltd | 0.59% |
| Diversified | |
| 3M India Ltd | 0.40% |
| Godrej Industries Ltd | 0.16% |
| Beverages | |
| United Breweries Ltd | 0.49% |
| Textiles & Apparels | |
| K.P.R. Mill Ltd | 0.29% |
| Trident Ltd | 0.19% |
| Personal Products | |
| Emami Ltd | 0.48% |
| Capital Markets | |
| Nippon Life India Asset Management Ltd | 0.23% |
| ICICI Securities Ltd | 0.23% |
| Oil | |
| Oil India Ltd | 0.44% |
| Industrial Manufacturing | |
| Honeywell Automation India Ltd | 0.40% |
| Agricultural Food & other Products | |
| Patanjali Foods Ltd | 0.38% |
| Non - Ferrous Metals | |
| Hindustan Zinc Ltd | 0.37% |
| Equity Holding Total | 99.91% |
| Cash & Other Receivables Total | 0.09% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MIDCAPETF | 24.46% |
26.65% |
||
| Scheme Benchmark* | 24.63% |
27.00% |
||
| Additional Benchmark** | 10.31% |
13.97% |
||
| NAV as on 31st August, 2023 | ₹ 14.8073 | |||
| Index Value (31st August, 2023) | Index Value of benchmark is 18,453.64 and S&P BSE Sensex (TRI) is 99,117.59 |
|||
| Allotment Date | 09th March, 2022 | |||
| Scheme Benchmark | *Nifty Midcap 150 Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since March 09, 2022 & (w.e.f August 28, 2023).
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future.Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.439. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of the NIFTY Midcap 150 Index, subject to tracking errors over the long-term
• Investment in equity securities covered by the NIFTY Midcap 150 Index
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MIDCAPETF
BSE Code: 543481
Bloomberg Code: MIDCAPETF IN Equity
Reuters Code: MIRA.NS