Fund Overview
ETF

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF

Ticker: MIDSMALLUnderlying Index: Nifty MidSmallcap400 Momentum Quality 100ISIN: INF769K01LJ8

51.655.92% (1Y)
End of Day NAV as on Sep 10, 2026
4245485154Sep 2025Feb 2026Sep 2026

Fundamentals

Asset TypeEquity
Underlying Index TypeStrategy Index
No. of Companies100
Market Cap FocusMid & Small Cap
P/E49.05
P/B11.19
Div Yield0.87%
Down from 52w High2.67%
Up from 52w Low21.79%
Std Deviation (1 yr)1.10%

Fund Parameters

AUM (Cr)464
Base Expense Ratio0.37%
Tracking Error0.02%
All-In-Cost0.39%
Inception Date22 May 2024
Scheme Option - TypeGrowth - Open ended scheme
ETF Market Data
Latest Price51.56
NAV Gap-0.18%
1M Avg NAV Gap-0.07%
Daily Volume1,61,308
1M Avg Daily Volume2,86,303
1M Avg Daily Turnover1.5
Native Score

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Fund NameLast CloseAUM (Cr)Avg Exp RatioTracking ErrorAll-In-CostScore
N/A1200.49%0.20%0.69%

Sectoral Allocation

Total
100%
allocation
  • Healthcare16.4%
  • Finance14.3%
  • Capital Goods12.5%
  • Bank10.8%
  • Automobile & Ancillaries9.6%
  • IT5.9%
  • Electricals4.5%
  • FMCG4.3%
  • Iron & Steel2.9%
  • Consumer Durables2.8%
  • Chemicals2.5%
  • Non - Ferrous Metals2.0%
  • Business Services1.8%
  • Textile1.5%
  • Alcohol1.5%
  • Mining1.3%
  • Telecom1.2%
  • Gas Transmission0.8%
  • Logistics0.6%
  • Inds. Gases & Fuels0.6%
  • Plastic Products0.5%
  • Miscellaneous0.4%
  • Power0.4%
  • Ship Building0.3%
  • Ferro Manganese0.2%
  • Infrastructure0.2%
  • Retailing0.2%
  • Media & Entertainment0.2%

Fund Holdings

NameWeight
BSE Ltd.4.8%
The Federal Bank Ltd.4.5%
Laurus Labs Ltd.4.3%
Bharat Forge Ltd.3.1%
Multi Commodity Exchange Of India Ltd.3.0%
Polycab India Ltd.2.7%
GE Vernova T&D India Ltd.2.6%
Lupin Ltd.2.6%
Hitachi Energy India Ltd.2.5%
Marico Ltd.2.4%
Hero MotoCorp Ltd.2.3%
Suzlon Energy Ltd.2.3%
Dixon Technologies (India) Ltd.2.2%
Aurobindo Pharma Ltd.2.2%
AU Small Finance Bank Ltd.2.0%
Persistent Systems Ltd.1.7%
Sona BLW Precision Forgings Ltd.1.6%
Apar Industries Ltd.1.5%
Radico Khaitan Ltd.1.5%
Anand Rathi Wealth Ltd.1.5%
KEI Industries Ltd.1.4%
Acutaas Chemicals Ltd.1.4%
Colgate-Palmolive (India) Ltd.1.4%
Oracle Financial Services Software Ltd.1.4%
Welspun Corp Ltd.1.4%
National Aluminium Company Ltd.1.4%
Karur Vysya Bank Ltd.1.3%
Coforge Ltd.1.2%
Indus Towers Ltd.1.2%
NMDC Ltd.1.1%
Nippon Life India Asset Management Ltd.1.1%
Page Industries Ltd.1.1%
Glenmark Pharmaceuticals Ltd.1.0%
Indian Bank1.0%
Gland Pharma Ltd.1.0%
APL Apollo Tubes Ltd.1.0%
Thermax Ltd.1.0%
Bank Of Maharashtra0.9%
Computer Age Management Services Ltd.0.9%
L&T Finance Ltd.0.9%
Himadri Speciality Chemical Ltd.0.9%
360 One Wam Ltd.0.8%
Central Depository Services (India) Ltd.0.8%
Mphasis Ltd.0.8%
Angel One Ltd.0.8%
Ajanta Pharma Ltd.0.7%
Neuland Laboratories Ltd.0.7%
Data Patterns (India) Ltd.0.7%
Coromandel International Ltd.0.7%
Hindustan Copper Ltd.0.7%
The Great Eastern Shipping Company Ltd.0.6%
Adani Total Gas Ltd.0.6%
Granules India Ltd.0.6%
Manappuram Finance Ltd.0.6%
Dr. Lal Pathlabs Ltd.0.6%
City Union Bank Ltd.0.6%
Blue Star Ltd.0.6%
PI Industries Ltd.0.6%
Linde India Ltd.0.6%
UNO Minda Ltd.0.5%
Schneider Electric Infrastructure Ltd.0.5%
Astral Ltd.0.5%
Motilal Oswal Financial Services Ltd.0.5%
Elgi Equipments Ltd.0.5%
Tri-Party Repo (TREPS)0.4%
K.P.R. Mill Ltd.0.4%
Indian Energy Exchange Ltd.0.4%
Aditya Birla Sun Life AMC Ltd.0.4%
Narayana Hrudayalaya Ltd.0.4%
ZF Commercial Vehicle Control Systems India Ltd.0.4%
Motherson Sumi Wiring India Ltd.0.4%
Tata Elxsi Ltd.0.4%
Usha Martin Ltd.0.4%
Gabriel India Ltd.0.4%
Castrol India Ltd.0.3%
The Jammu & Kashmir Bank Ltd.0.3%
Finolex Cables Ltd.0.3%
Triveni Turbine Ltd.0.3%
Force Motors Ltd.0.3%
Bharat Dynamics Ltd.0.3%
Natco Pharma Ltd.0.3%
Vijaya Diagnostic Centre Ltd.0.3%
HBL Engineering Ltd.0.3%
Zen Technologies Ltd.0.3%
Garden Reach Shipbuilders & Engineers Ltd.0.3%
KPIT Technologies Ltd.0.3%
L&T Technology Services Ltd.0.3%
Godfrey Phillips India Ltd.0.3%
Caplin Point Laboratories Ltd.0.3%
Nava Ltd.0.2%
Gillette India Ltd.0.2%
Engineers India Ltd.0.2%
Godawari Power And Ispat Ltd.0.2%
Chambal Fertilisers and Chemicals Ltd.0.2%
Mahanagar Gas Ltd.0.2%
JSW Dulux Ltd.0.2%
Indiamart Intermesh Ltd.0.2%
Gujarat Mineral Development Corporation Ltd.0.2%
Saregama India Ltd.0.2%
Transformers & Rectifiers (India) Ltd.0.1%
BLS International Services Ltd.0.1%
Net Current Asset-0.3%

Holdings Concentration

Total covered: 100%
Top 1–5
5 holdings
19.7%
20%
share
Top 6–10
5 holdings
12.7%
13%
share
Top 11–20
10 holdings
18.7%
19%
share
Beyond 20
81 holdings
49.3%
49%
share

Market Cap Classification

Total
100%
allocation
  • Mid Cap63.3%
  • Small Cap24.4%
  • Large Cap12.2%

Advanced Ratios

Alpha-0.00
Beta1.00
Sharpe Ratio0.03
Sortino Ratio0.05
Treynor Ratio0.03
Information Ratio-0.08
Upside Capture99.76%
Downside Capture100.14%

Index Methodology

Factor BasisMultifactor
UniverseMidSmallcap400 (MidCap 150 + SmallCap 250)
WeightageFactor tilt: FF Marketcap x Composite Score. Max Weight per stock = 5%
Stocks IncludedStocks selected based on Aggregate Percentile Score:(Top 50 from Mid Cap, Top 50 from MidCap. Aggregate percentile score: Equal Weightage of Momentum Score and Quality Score. Momentum Score = Risk Adjusted returns = Price Return/ Standard Deviation of daily returns for that period. Quality Score computes a score based on equal weighting of: Return on Equity, 5-year sales growth and Debt to Equity Scores
ExclusionsLess than 1 year trading history; Promoter Pledge > 20%, Bottom 10 percentile stocks based on Turnover ratio and Avg Daily Trading Volume; Non-F&O stock which has hit Upper or Lower circuit for 20% of trading days in past 6 months (for mid and small cap segment seperately); rank of the stocks within the existing index based on the composite percentile score goes beyond 75 in the eligible segment universe)

Fund • Last updated: 11/09/2026