Mirae Asset Nifty Midcap 150 ETF

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 Mirae Asset Nifty Midcap 150 ETF will be managed passively with investments in stocks in the same proportion as in the Nifty Midcap 150 Index.

The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme.

A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.

Subject to the Regulations and the applicable guidelines the Scheme may invest in the schemes of Mutual Funds.

• Opportunity to participate in entire midcap segment of the market.
• Portfolio of companies with robust business models and the potential to become tomorrow’s large caps.
• The average mid cap's earnings tend to grow at a faster rate than both large cap and average small-cap while doing so with less volatility and risk compared to small caps.
• Relatively low-cost option to participate in Midcap segment of market.