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 Market Makers / 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 December 31, 2023 | 582.11 |
| Net AUM (₹ Cr.) | 595.42 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.06% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on December 31, 2023 | 0.05% |
| **For experience of Fund Managers Click Here | |
| ^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:- 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. |
|
| ₹ 17.2226 (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 | |
| Power Finance Corporation Ltd | 2.14% |
| REC Ltd | 1.97% |
| Sundaram Finance Ltd | 0.91% |
| Indian Railway Finance Corporation Ltd | 0.70% |
| Mahindra & Mahindra Financial Services Ltd | 0.63% |
| LIC Housing Finance Ltd | 0.62% |
| L&T Finance Holdings Ltd | 0.52% |
| Poonawalla Fincorp Ltd | 0.48% |
| Aditya Birla Capital Ltd | 0.45% |
| Piramal Enterprises Ltd | 0.43% |
| CRISIL Ltd | 0.40% |
| Industrial Products | |
| Bharat Forge Ltd | 1.22% |
| Supreme Industries Ltd | 1.13% |
| APL Apollo Tubes Ltd | 1.05% |
| Cummins India Ltd | 1.03% |
| Polycab India Ltd | 0.98% |
| Astral Ltd | 0.87% |
| AIA Engineering Ltd | 0.56% |
| Carborundum Universal Ltd | 0.47% |
| Grindwell Norton Ltd | 0.42% |
| SKF India Ltd | 0.41% |
| Timken India Ltd | 0.39% |
| Banks | |
| AU Small Finance Bank Ltd | 1.46% |
| Yes Bank Ltd | 1.45% |
| The Federal Bank Ltd | 1.35% |
| IDFC First Bank Ltd | 1.30% |
| Union Bank of India | 0.78% |
| Bandhan Bank Ltd | 0.70% |
| Indian Bank | 0.57% |
| Bank of India | 0.53% |
| Bank of Maharashtra | 0.17% |
| Pharmaceuticals & Biotechnology | |
| Lupin Ltd | 1.23% |
| Aurobindo Pharma Ltd | 1.17% |
| Alkem Laboratories Ltd | 1.01% |
| Laurus Labs Ltd | 0.65% |
| IPCA Laboratories Ltd | 0.58% |
| Gland Pharma Ltd | 0.51% |
| Abbott India Ltd | 0.47% |
| Biocon Ltd | 0.43% |
| Ajanta Pharma Ltd | 0.35% |
| Mankind Pharma Ltd | 0.31% |
| GlaxoSmithKline Pharmaceuticals Ltd | 0.30% |
| Pfizer Ltd | 0.25% |
| Auto Components | |
| Tube Investments of India Ltd | 1.42% |
| Sona BLW Precision Forgings Ltd | 1.02% |
| MRF Ltd | 1.01% |
| Balkrishna Industries Ltd | 0.78% |
| Apollo Tyres Ltd | 0.58% |
| Sundram Fasteners Ltd | 0.51% |
| Schaeffler India Ltd | 0.50% |
| UNO Minda Ltd | 0.47% |
| Motherson Sumi Wiring India Ltd | 0.40% |
| ZF Commercial Vehicle Control Systems India Ltd | 0.29% |
| Endurance Technologies Ltd | 0.26% |
| IT - Software | |
| Persistent Systems Ltd | 1.47% |
| Coforge Ltd | 1.47% |
| Tata Elxsi Ltd | 1.17% |
| KPIT Technologies Ltd | 0.94% |
| MphasiS Ltd | 0.88% |
| Oracle Financial Services Software Ltd | 0.38% |
| Chemicals & Petrochemicals | |
| Tata Chemicals Ltd | 0.66% |
| Deepak Nitrite Ltd | 0.65% |
| Solar Industries India Ltd | 0.63% |
| Gujarat Fluorochemicals Ltd | 0.56% |
| Navin Fluorine International Ltd | 0.51% |
| Aarti Industries Ltd | 0.50% |
| Linde India Ltd | 0.46% |
| Atul Ltd | 0.44% |
| Vinati Organics Ltd | 0.17% |
| Consumer Durables | |
| Dixon Technologies (India) Ltd | 0.94% |
| Voltas Ltd | 0.86% |
| Crompton Greaves Consumer Electricals Ltd | 0.77% |
| Bata India Ltd | 0.41% |
| Kajaria Ceramics Ltd | 0.41% |
| Kansai Nerolac Paints Ltd | 0.26% |
| Relaxo Footwears Ltd | 0.25% |
| Rajesh Exports Ltd | 0.19% |
| Whirlpool of India Ltd | 0.17% |
| Metro Brands Ltd | 0.15% |
| Realty | |
| Macrotech Developers Ltd | 0.95% |
| Godrej Properties Ltd | 0.88% |
| The Phoenix Mills Ltd | 0.80% |
| Oberoi Realty Ltd | 0.65% |
| Prestige Estates Projects Ltd | 0.64% |
| Power | |
| Adani Power Ltd | 1.95% |
| NHPC Ltd | 0.67% |
| JSW Energy Ltd | 0.67% |
| Torrent Power Ltd | 0.60% |
| Healthcare Services | |
| Max Healthcare Institute Ltd | 1.95% |
| Fortis Healthcare Ltd | 0.84% |
| Syngene International Ltd | 0.49% |
| Dr. Lal Path Labs Ltd | 0.36% |
| Leisure Services | |
| The Indian Hotels Company Ltd | 1.49% |
| Jubilant Foodworks Ltd | 0.83% |
| Devyani International Ltd | 0.29% |
| Electrical Equipment | |
| CG Power and Industrial Solutions Ltd | 1.12% |
| Bharat Heavy Electricals Ltd | 0.96% |
| Thermax Ltd | 0.45% |
| Cement & Cement Products | |
| ACC Ltd | 0.69% |
| Dalmia Bharat Ltd | 0.69% |
| JK Cement Ltd | 0.61% |
| The Ramco Cements Ltd | 0.50% |
| Telecom - Services | |
| Tata Communications Ltd | 0.80% |
| Indus Towers Ltd | 0.50% |
| Vodafone Idea Ltd | 0.48% |
| Insurance | |
| Max Financial Services Ltd | 0.90% |
| General Insurance Corporation of India | 0.29% |
| Star Health And Allied Insurance Company Ltd | 0.28% |
| The New India Assurance Company Ltd | 0.20% |
| Transport Services | |
| Container Corporation of India Ltd | 0.91% |
| Delhivery Ltd | 0.55% |
| Blue Dart Express Ltd | 0.17% |
| Gas | |
| Petronet LNG Ltd | 0.64% |
| Indraprastha Gas Ltd | 0.56% |
| Gujarat Gas Ltd | 0.31% |
| Retailing | |
| FSN E-Commerce Ventures Ltd | 0.92% |
| Vedant Fashions Ltd | 0.30% |
| Aditya Birla Fashion and Retail Ltd | 0.29% |
| Financial Technology (Fintech) | |
| PB Fintech Ltd | 0.83% |
| One 97 Communications Ltd | 0.64% |
| Capital Markets | |
| HDFC Asset Management Company Ltd | 1.24% |
| ICICI Securities Ltd | 0.22% |
| Ferrous Metals | |
| Jindal Stainless Ltd | 0.76% |
| Steel Authority of India Ltd | 0.69% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Ltd | 1.00% |
| Escorts Kubota Ltd | 0.38% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.91% |
| K.P.R. Mill Ltd | 0.28% |
| Trident Ltd | 0.17% |
| Fertilizers & Agrochemicals | |
| Coromandel International Ltd | 0.57% |
| Bayer Cropscience Ltd | 0.27% |
| Fertilizers and Chemicals Travancore Ltd | 0.20% |
| Sumitomo Chemical India Ltd | 0.19% |
| Entertainment | |
| Zee Entertainment Enterprises Ltd | 0.97% |
| Sun TV Network Ltd | 0.23% |
| Petroleum Products | |
| Hindustan Petroleum Corporation Ltd | 0.98% |
| Minerals & Mining | |
| NMDC Ltd | 0.92% |
| Transport Infrastructure | |
| GMR Airports Infrastructure Ltd | 0.77% |
| Diversified | |
| 3M India Ltd | 0.40% |
| Godrej Industries Ltd | 0.18% |
| Industrial Manufacturing | |
| Honeywell Automation India Ltd | 0.31% |
| Mazagon Dock Shipbuilders Ltd | 0.27% |
| Agricultural Food & other Products | |
| Patanjali Foods Ltd | 0.57% |
| IT - Services | |
| L&T Technology Services Ltd | 0.56% |
| Beverages | |
| United Breweries Ltd | 0.51% |
| Oil | |
| Oil India Ltd | 0.51% |
| Personal Products | |
| Emami Ltd | 0.43% |
| Construction | |
| Rail Vikas Nigam Ltd | 0.39% |
| Non - Ferrous Metals | |
| Hindustan Zinc Ltd | 0.31% |
| Aerospace & Defense | |
| Bharat Dynamics Ltd | 0.30% |
| Equity Holding Total | 100.03% |
| Cash & Other Receivables Total | -0.03% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| Mirae Asset Nifty Midcap 150 ETF | 44.35% |
31.79% |
||
| Scheme Benchmark* | 44.61% |
32.13% |
||
| Additional Benchmark** | 20.33% |
18.22% |
||
| NAV as on 29th December, 2023 | ₹ 17.2226 | |||
| Index Value (29th December, 2023) | Index Value of benchmark is 21,478.21 and S&P BSE Sensex (TRI) is 1,10,664.15 |
|||
| 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.
Latest available NAV has been taken for return calculation wherever applicable
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