| Launch date | 10 May 2024 |
| Allotment date | 30 May 2024 |
| End date | 24 May 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.10%
Inclusive of GST
Exit load
Exit load of 0.05%, if redeemed within 15 Days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Ekta GalaMay 2024 - PresentView details
Akshay UdeshiMar 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹2,31,683.80Cr |
| Date of Incorporation | 30 Nov 2007 |
|---|
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ekta Gala is the Current Fund Manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,31,684 Cr and the Latest NAV as of 22 Dec 2025 is ₹9.84. The Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.05%, if redeemed within 15 Days. ;
Investment Objective
The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized. ;
| Fund benchmark | Nifty MidSmallcap400 Momentum Quality 100 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
WhiteOak Capital Mid Cap Fund Direct Growth | 5 | 8.4% | 28.4% | 4,075.13 |
Edelweiss Mid Cap Direct Plan Growth | 5 | 5.9% | 27.9% | 12,646.93 |
Motilal Oswal Midcap Fund Direct Growth | 5 | -7.5% | 27.3% | 38,002.68 |
HDFC Mid Cap Fund Direct Growth | 5 | 9.0% | 27.1% | 92,168.85 |
Nippon India Growth Mid Cap Fund Direct Growth | 4 | 5.4% | 26.1% | 42,041.60 |