Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF

Holds 100 companies worth ₹464 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹464 CrMirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.1% on Aug 2026, ₹494 Cr.

  • Largest holding

    Laurus Labs LimitedLaurus Labs Limited is 4.8% of this scheme's NAV.

  • Fund manager

    Ekta GalaRuns it since 22 May 2024, as the fund house dates it. With Akshay Udeshi (fund manager).

Overview(4 Oct 2026)

Fund managers2

  1. Ekta GalaFund manager · May 2024 · 9y · B.Com
  2. Akshay UdeshiFund manager · Mar 2025 · 7y · MBA B.E.
  1. Vishal SinghMay 2024 – Mar 2025

Key facts

Benchmark
MidSmallcap400 Momentum Quality 100 TRI
Risk
Very High
Expense
Regular 0.68% · Direct 0%
Exit load
Nil
Started
22 May 2024
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 units

Source.Its Scheme Summary Document as of 4 Oct 2026 at AMFI.

What changed(7 changes)

Oct 2026

1 change
  1. Expense ratio
    4 OctRegular 0.47% → 0.68%

Mar 2026

1 change
  1. Expense ratio
    20 MarRegular 0.46% → 0.47%

Jun 2025

1 change
  1. Expense ratio
    24 JunRegular 0.4% → 0.46%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(May 2024 – now)

  1. Ekta Gala
  2. Akshay Udeshi
  3. Vishal Singh
MainCoSlice20252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
6 changesRegularDirectΔ pt
4 Oct 20260.68%0.00%0
20 Mar 20260.47%0.00%0
24 Jun 20250.46%0.00%0
19 Nov 20240.40%0.00%0
2 Sept 20240.38%0.00%–
21 Aug 20240.36%––
Direct plan, 4 Oct 2026
0.00%
Regular plan 0.68% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(4 Oct 2026)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty MidSmallcap400 Momentum Quality 100 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended scheme replicating/tracking Nifty MidSmallcap400 Momentum Quality 100 Total Return Index
Benchmark
MidSmallcap400 Momentum Quality 100 TRI

Asset allocation it may hold% of NAV

  1. Securities included in the MidSmallcap400 Momentum Quality 100 Index
    Allowed95–100%

Holds in Sept 2026.100.0% equity

How to invest(4 Oct 2026)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 units
Most
Any Amount

Selling and switching

Scheme details(4 Oct 2026)

What it is

Category
Other ETFs
Offer
6 May 2024 to 17 May 2024
Started
22 May 2024
Reopened
23 May 2024
Plans
Regular Plan - Growth
Face value
₹10
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
Enabled.
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
Auditor
M/s. Chokshi & Chokshi, Chartered Accountants
Registrar
KFIN Technologies Limited
SEBI code
MIRA/O/O/EET/24/03/0063