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 February 29, 2024 | 643.07 |
| Net AUM (₹ Cr.) | 648.29 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.06% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on February 29, 2024 | 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. |
|
| ₹ 18.0023 (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 Limited |
2.02% |
Sundaram Finance Limited |
1.04% |
Indian Railway Finance Corporation Limited |
0.99% |
LIC Housing Finance Limited |
0.72% |
Mahindra & Mahindra Financial Services Limited |
0.62% |
L&T Finance Holdings Limited |
0.51% |
Poonawalla Fincorp Limited |
0.49% |
Aditya Birla Capital Limited |
0.47% |
CRISIL Limited |
0.45% |
Piramal Enterprises Limited |
0.40% |
Industrial Products |
|
Cummins India Limited |
1.37% |
Bharat Forge Limited |
1.09% |
APL Apollo Tubes Limited |
1.01% |
Supreme Industries Limited |
0.99% |
Astral Limited |
0.90% |
Polycab India Limited |
0.81% |
AIA Engineering Limited |
0.53% |
Carborundum Universal Limited |
0.43% |
SKF India Limited |
0.40% |
Grindwell Norton Limited |
0.36% |
Timken India Limited |
0.31% |
Banks |
|
Yes Bank Limited |
1.58% |
The Federal Bank Limited |
1.24% |
IDFC First Bank Limited |
1.14% |
AU Small Finance Bank Limited |
1.01% |
Union Bank of India |
0.92% |
Indian Bank |
0.68% |
Bank of India |
0.60% |
Bandhan Bank Limited |
0.55% |
Bank of Maharashtra |
0.22% |
Pharmaceuticals & Biotechnology |
|
Lupin Limited |
1.44% |
Aurobindo Pharma Ltd |
1.07% |
Alkem Laboratories Limited |
0.95% |
IPCA Laboratories Limited |
0.59% |
Laurus Labs Limited |
0.59% |
Abbott India Limited |
0.56% |
Biocon Ltd |
0.45% |
Gland Pharma Limited |
0.45% |
Ajanta Pharma Ltd |
0.35% |
GlaxoSmithKline Pharmaceuticals Limited |
0.33% |
Mankind Pharma Limited |
0.32% |
Pfizer Limited |
0.26% |
Auto Components |
|
Tube Investments of India Limited |
1.34% |
MRF Limited |
1.10% |
Sona BLW Precision Forgings Limited |
1.04% |
Balkrishna Industries Ltd |
0.65% |
Apollo Tyres Limited |
0.63% |
UNO Minda Limited |
0.44% |
Motherson Sumi Wiring India Limited |
0.43% |
Schaeffler India Limited |
0.43% |
Sundram Fasteners Limited |
0.42% |
ZF Commercial Vehicle Control Systems India Limited |
0.25% |
Endurance Technologies Limited |
0.24% |
IT - Software |
|
Persistent Systems Limited |
1.64% |
Coforge Limited |
1.47% |
Tata Elxsi Limited |
1.00% |
KPIT Technologies Limited |
0.94% |
MphasiS Limited |
0.80% |
Oracle Financial Services Software Limited |
0.66% |
Power |
|
Adani Power Limited |
1.95% |
NHPC Limited |
0.88% |
JSW Energy Limited |
0.80% |
Torrent Power Limited |
0.67% |
Realty |
|
Macrotech Developers Limited |
1.04% |
Godrej Properties Limited |
1.01% |
The Phoenix Mills Limited |
0.94% |
Prestige Estates Projects Limited |
0.60% |
Oberoi Realty Limited |
0.58% |
Consumer Durables |
|
Voltas Ltd |
0.93% |
Dixon Technologies (India) Limited |
0.91% |
Crompton Greaves Consumer Electricals Limited |
0.69% |
Kajaria Ceramics Ltd |
0.39% |
Bata India Limited |
0.33% |
Relaxo Footwears Limited |
0.22% |
Kansai Nerolac Paints Limited |
0.22% |
Rajesh Exports Limited |
0.15% |
Whirlpool of India Limited |
0.15% |
Metro Brands Limited |
0.13% |
Chemicals & Petrochemicals |
|
Solar Industries India Limited |
0.61% |
Deepak Nitrite Limited |
0.56% |
Gujarat Fluorochemicals Limited |
0.54% |
Tata Chemicals Ltd |
0.54% |
Aarti Industries Limited |
0.48% |
Linde India Limited |
0.42% |
Navin Fluorine International Limited |
0.39% |
Atul Limited |
0.36% |
Vinati Organics Ltd |
0.16% |
Healthcare Services |
|
Max Healthcare Institute Limited |
2.16% |
Fortis Healthcare Limited |
0.78% |
Syngene International Limited |
0.47% |
Dr. Lal Path Labs Limited |
0.32% |
Leisure Services |
|
The Indian Hotels Company Limited |
1.90% |
Jubilant Foodworks Limited |
0.65% |
Devyani International Limited |
0.22% |
Electrical Equipment |
|
Bharat Heavy Electricals Limited |
1.08% |
CG Power and Industrial Solutions Limited |
1.05% |
Thermax Limited |
0.51% |
Cement & Cement Products |
|
ACC Limited |
0.78% |
JK Cement Limited |
0.69% |
Dalmia Bharat Limited |
0.59% |
The Ramco Cements Limited |
0.39% |
Telecom - Services |
|
Tata Communications Limited |
0.83% |
Indus Towers Limited |
0.60% |
Vodafone Idea Limited |
0.39% |
Transport Services |
|
Container Corporation of India Limited |
0.99% |
Delhivery Limited |
0.64% |
Blue Dart Express Limited |
0.13% |
Insurance |
|
Max Financial Services Ltd |
0.88% |
General Insurance Corporation of India |
0.34% |
Star Health And Allied Insurance Company Limited |
0.28% |
The New India Assurance Company Limited |
0.24% |
Gas |
|
Petronet LNG Ltd |
0.76% |
Indraprastha Gas Limited |
0.55% |
Gujarat Gas Limited |
0.36% |
Capital Markets |
|
HDFC Asset Management Company Limited |
1.39% |
ICICI Securities Limited |
0.24% |
Financial Technology (Fintech) |
|
PB Fintech Limited |
1.16% |
One 97 Communications Limited |
0.39% |
Ferrous Metals |
|
Jindal Stainless Limited |
0.82% |
Steel Authority of India Limited |
0.65% |
Retailing |
|
FSN E-Commerce Ventures Limited |
0.79% |
Aditya Birla Fashion and Retail Ltd |
0.28% |
Vedant Fashions Limited |
0.23% |
Agricultural, Commercial & Construction Vehicles |
|
Ashok Leyland Limited |
0.90% |
Escorts Kubota Limited |
0.35% |
Textiles & Apparels |
|
Page Industries Ltd |
0.78% |
K.P.R. Mill Limited |
0.25% |
Trident Limited |
0.19% |
Petroleum Products |
|
Hindustan Petroleum Corporation Ltd |
1.20% |
Fertilizers & Agrochemicals |
|
Coromandel International Limited |
0.47% |
Bayer Cropscience Limited |
0.26% |
Sumitomo Chemical India Limited |
0.17% |
Fertilizers and Chemicals Travancore Limited |
0.17% |
Minerals & Mining |
|
NMDC Limited |
0.95% |
Transport Infrastructure |
|
GMR Airports Infrastructure Limited |
0.77% |
Entertainment |
|
Zee Entertainment Enterprises Ltd |
0.55% |
Sun TV Network Limited |
0.19% |
Oil |
|
Oil India Limited |
0.72% |
Industrial Manufacturing |
|
Honeywell Automation India Limited |
0.31% |
Mazagon Dock Shipbuilders Limited |
0.23% |
IT - Services |
|
L&T Technology Services Ltd |
0.54% |
Agricultural Food & other Products |
|
Patanjali Foods Limited |
0.53% |
Diversified |
|
3M India Limited |
0.33% |
Godrej Industries Limited |
0.19% |
Construction |
|
Rail Vikas Nigam Limited |
0.51% |
Beverages |
|
United Breweries Limited |
0.46% |
Personal Products |
|
Emami Limited |
0.34% |
Aerospace & Defense |
|
Bharat Dynamics Limited |
0.31% |
Non - Ferrous Metals |
|
Hindustan Zinc Limited |
0.29% |
Equity Holding Total |
99.93% |
Cash & Other Receivables Total |
0.07% |
Total |
100.00% |
| Returns (in%) | |||||
| 1 Year | Since inception | Value of 10000 invested Since Inception (in Rs.) | |||
| Mirae Asset Nifty Midcap 150 ETF | 57.00% |
31.72% |
17,245 |
||
| Scheme Benchmark* | 57.28% |
32.03% |
17,326 |
||
| Additional Benchmark** | 24.58% |
16.89% |
13,617 |
||
| NAV as on 29th February, 2024 | ₹ 18.0023 | ||||
| Index Value (29th February, 2024) | Index Value of benchmark is 22,451.13 and S&P BSE Sensex (TRI) is 1,11,227.59 |
||||
| 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) respectively.
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