Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF

Holds 100 companies worth ₹932 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹932 CrMirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.7% on Aug 2026, ₹989 Cr.

  • Largest holding

    Welspun CorpWelspun Corp is 4.8% of this scheme's NAV.

  • Fund manager

    Ekta GalaRuns it since 23 Feb 2024, as the fund house dates it. With Akshay Udeshi (fund manager).

Overview(23 Feb 2026)

Fund managers2

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

Key facts

Benchmark
Nifty Smallcap 250 Momentum Quality 100 TRI
Risk
Very High
Expense
Regular 0.48% · Direct 0%
Started
23 Feb 2024
Minimum
NIL

Source.Its Scheme Summary Document as of 23 Feb 2026 at AMFI.

What changed(6 changes)

Feb 2026

1 change
  1. Expense ratio
    23 FebRegular 0.47% → 0.48%

Jun 2025

1 change
  1. Expense ratio
    24 JunRegular 0.39% → 0.47%

Apr 2025

1 change
  1. Expense ratio
    21 AprRegular 0.4% → 0.39%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Feb 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(Jan 2025 – Feb 2026)

Every change to the expense ratio, newest first.
5 changesRegularDirectΔ pt
23 Feb 20260.48%0.00%0
24 Jun 20250.47%0.00%0
21 Apr 20250.39%0.00%0
27 Feb 20250.40%0.00%0
17 Jan 20250.39%0.00%–
Direct plan, 23 Feb 2026
0.00%
Regular plan 0.48%
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(23 Feb 2026)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Smallcap 250 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 Smallcap 250 Momentum Quality 100 Total Return Index
Benchmark
Nifty Smallcap 250 Momentum Quality 100 TRI

Asset allocation it may hold% of NAV

  1. Momentum Quality 100 Index
    Allowed95–100%

Holds in Sept 2026.100.0% equity

How to invest(23 Feb 2026)

Buying

To start
NIL, then m/s. Deutsche Bank AG, Mumbai
To add
M/s. Chokshi & Chokshi, Chartered Accountants, then kFIN Technologies Limited
Most
MIRA/O/O/OET/24/01/0060
Systematic
Any Amount

Selling and switching

To redeem
SMALLCAP or NSE & BSE units
Minimum balance
INF769K01LC3 or 152455 units
Switch minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 units

Scheme details(23 Feb 2026)

What it is

Category
Other ETFs
Offer
12 Feb 2024 to 21 Feb 2024
Started
23 Feb 2024
Reopened
26 Feb 2024
Plans
Regular Plan - Growth
Face value
₹10

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
SEBI code
Regular-0.38%