Edelweiss Nifty Midcap150 Momentum 50 Index Fund vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss Nifty Midcap150 Momentum 50 Index Fund is an Index fund and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is an ETF fund. In the year to 30-10-2026, Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) returned −4.5% and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF returned −0.1%. Edelweiss Nifty Midcap150 Momentum 50 Index Fund charges 0.78% a year and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF 0.64%. Their portfolios overlap 54.1%: they hold 29 of the same securities.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Index
- 1 year return
- −4.5%
- Expense ratio
- 0.78%
- NAV
- ₹17.57
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
ETF
- 1 year return
- −0.1%
- Expense ratio
- 0.64%
- NAV
- ₹49.03
Which is better, Edelweiss Nifty Midcap150 Momentum 50 Index or Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF returned more over 1 year: −0.1% against −4.5%.
- Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF costs less: 0.64% a year against 0.78%.
- Edelweiss Nifty Midcap150 Momentum 50 Index fell less in its worst fall since 23-05-2024: −25.8% against −25.9%.
- Edelweiss Nifty Midcap150 Momentum 50 Index is the larger fund: ₹1,728 Cr against ₹464 Cr.
- Their portfolios overlap 54.1%: 29 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | ETF |
| AUM | ₹1,728 Cr (30-09-2026) | ₹464 Cr (30-09-2026) |
| NAV | ₹17.57 (Direct) | ₹49.03 |
| Expense ratio (Direct) | 0.78% | Not available |
| Expense ratio (Regular) | 1.38% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Midcap 150 Momentum 50 TRI | Nifty MidSmallcap400 Momentum Quality 100 TRI |
| Launch date | 30-11-2022 | 22-05-2024 |
| Minimum investment | ₹100 | On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 units |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar | Ekta Gala, amp, Akshay Udeshi |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | NIL |
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | −2.15% | −4.26% | −2.43% | −4.45% | +13.28% | -- | -- |
| Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | −1.55% | −3.41% | −0.92% | −0.12% | -- | -- | -- |
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Year-wise Returns
| Year | Edelweiss Nifty Midcap150 Momentum 50 IndexEdelweiss Nifty Midcap150 Momentum 50 Index | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| 2026to date | −3.65% | +2.85% |
| 2025 | −4.23% | −7.32% |
| 2024 | +31.99% | -- |
| 2023 | +50.33% | -- |
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty Midcap150 Momentum 50 TRI, the benchmark of Edelweiss Nifty Midcap150 Momentum 50 Index Fund
Rolling returns
Every 1-year holding period, 356 of them, one for each trading day from 23-05-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
Nifty Midcap150 Momentum 50 TRI
to
Jul 2025Oct 2024
to
Oct 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index | 48.6 | 28.7 | 13.2 | 5.9 | 3.7 | 0.0 | 0.0 | 0.8% | 0.3% | −13.2% | 19.2% | 0% |
| Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | 51.4 | 23.6 | 17.1 | 7.6 | 0.3 | 0.0 | 0.0 | −0.5% | −0.2% | −14.3% | 15.2% | 26% |
| Nifty Midcap150 Momentum 50 TRI | 44.1 | 29.5 | 15.2 | 6.7 | 4.2 | 0.3 | 0.0 | 1.4% | 0.8% | −12.6% | 20.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap150 Momentum 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 23-05-2024. Past returns do not promise future returns.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-05-2024 to 30-10-2026: 30 instalments, ₹3,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 IndexEdelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | ₹3,00,000 | ₹2,92,363 | −₹7,637 | −2.0% |
| Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | ₹3,00,000 | ₹3,00,025 | ₹25 | 0.0% |
Edelweiss Nifty Midcap150 Momentum 50 IndexEdelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Return (CAGR) | −4.45% | −0.12% |
| Standard deviation | 18.57% | 17.84% |
| Sharpe ratio | -0.52 | -0.30 |
| Sortino ratio | -0.72 | -0.41 |
| Maximum drawdown | −14.7% (31-03-2026) | −14.7% (23-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.49% | −0.60% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Return (CAGR) | +15.03% | −0.07% |
| Standard deviation | 18.28% | 19.87% |
| Sharpe ratio | 0.48 | -0.30 |
| Sortino ratio | 0.65 | -0.39 |
| Maximum drawdown | −25.8% (13-03-2025) | −25.9% (03-03-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.62% | −0.56% |
From daily NAVs, 02-12-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
Nifty Midcap150 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | −25.8% | 24-09-2024 | 13-03-2025 | Not yet | -- | −13.2% |
| Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | −25.9% | 15-07-2024 | 03-03-2025 | Not yet | -- | −11.1% |
| Nifty Midcap150 Momentum 50 TRI | −25.5% | 24-09-2024 | 13-03-2025 | Not yet | -- | −12.1% |
From daily values since 23-05-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct)
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
Nifty Midcap150 Momentum 50 TRI
Against Nifty Midcap150 Momentum 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Edelweiss Nifty Midcap150 Momentum 50 Index Fund (Direct) | 99% | 101% | 0.37% |
| Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | 93% | 91% | 4.90% |
From month-end values since 23-05-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Nifty Midcap150 Momentum 50 Index Fund, September 2026; Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF, September 2026
Holdings in common
- Overlap
- 54.1%
- Held by both
- 29
- Only in Edelweiss Nifty Midcap150 Momentum 50 Index
- 21
- Only in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
- 71
| Security | % of Edelweiss Nifty Midcap150 Momentum 50 Index | % of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Laurus Labs Ltd. | 7.02% | 4.78% |
| The Federal Bank Ltd. | 4.60% | 4.11% |
| BSE Ltd. | 4.10% | 4.16% |
| Multi Commodity Exchange Of India Ltd. | 5.99% | 3.79% |
| Bharat Forge Ltd. | 3.90% | 2.80% |
| GE Vernova T&D India Limited | 4.28% | 2.56% |
| Polycab India Ltd. | 3.03% | 2.47% |
| Hitachi Energy India Ltd. | 3.53% | 2.45% |
| Aurobindo Pharma Ltd. | 2.35% | 2.35% |
| Lupin Ltd. | 2.20% | 2.21% |
| Marico Ltd. | 2.22% | 2.20% |
| AU Small Finance Bank Ltd. | 2.68% | 2.02% |
| Apar Industries Ltd. | 1.90% | 1.89% |
| Radico Khaitan Ltd. | 1.61% | 1.56% |
| National Aluminium Company Ltd. | 3.21% | 1.37% |
| KEI Industries Ltd. | 1.74% | 1.32% |
| Oracle Financial Services Software Ltd. | 1.22% | 1.36% |
| APL Apollo Tubes Ltd. | 1.24% | 1.19% |
| Indus Towers Ltd. | 1.95% | 1.16% |
| Glenmark Pharmaceuticals Ltd. | 2.15% | 1.10% |
| Nippon Life India Asset Management Ltd. | 1.08% | 1.06% |
| NMDC Ltd. | 1.33% | 1.05% |
| Indian Bank | 1.07% | 1.01% |
| Bank of Maharashtra | 1.05% | 0.97% |
| Thermax Ltd. | 1.15% | 0.78% |
| L&T Finance Ltd. | 1.08% | 0.75% |
| Ajanta Pharma Ltd. | 0.69% | 0.81% |
| Adani Total Gas Ltd. | 0.68% | 0.60% |
| Linde India Ltd. | 0.52% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.1% means 54.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Edelweiss Nifty Midcap150 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Ltd. | 4.45% |
| Vodafone Idea Ltd. | 2.47% |
| IndusInd Bank Ltd. | 2.14% |
| Steel Authority of India Ltd. | 2.06% |
| One 97 Communications Ltd. | 1.87% |
Largest holdings only in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
| Security | % of fund |
|---|---|
| Welspun Corp Ltd. | 2.35% |
| Hero MotoCorp Ltd. | 2.28% |
| Dixon Technologies (India) Ltd. | 2.15% |
| Suzlon Energy Ltd. | 1.91% |
| Sona Blw Precision Forgings Ltd. | 1.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Nifty Midcap150 Momentum 50 Index | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.0% |
Market cap of stocks
| Market cap | Edelweiss Nifty Midcap150 Momentum 50 Index | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Large Cap | 20.6% | 11.2% |
| Mid Cap | 79.3% | 62.9% |
| Small Cap | 0.0% | 25.9% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Edelweiss Nifty Midcap150 Momentum 50 Index | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.6% | 16.0% |
| Electrical Equipment | 15.3% | 10.5% |
| Capital Markets | 11.2% | 15.0% |
| Banks | 12.0% | 10.4% |
| Industrial Products | 6.8% | 9.8% |
| Auto Components | 3.9% | 6.1% |
| Telecom - Services | 5.2% | 1.2% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Nifty Midcap150 Momentum 50 Index vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.78% | Not available |
| Base expense ratio (Direct) | 0.39% | 0.00% |
| Total expense ratio (Regular) | 1.38% | Not available |
| Base expense ratio (Regular) | 0.90% | 0.37% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund vs Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Frequently Asked Questions
What is the difference between Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF?
Edelweiss Nifty Midcap150 Momentum 50 Index Fund is an Index fund, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is an ETF fund, run by Edelweiss Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 54.1%. Edelweiss Nifty Midcap150 Momentum 50 Index Fund charges 0.78% a year and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF 0.64%.
Which has given higher returns, Edelweiss Nifty Midcap150 Momentum 50 Index Fund or Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF?
Over 1 year: Edelweiss Nifty Midcap150 Momentum 50 Index Fund −4.45%, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF −0.12%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Nifty Midcap150 Momentum 50 Index Fund or Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF?
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF charges less: 0.64% a year against 0.78%. These are the total expense ratios reported to AMFI.
How much do Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF overlap?
54.1%. They hold 29 of the same securities, the largest shared ones being LAURUSLABS, FEDERALBNK, BSE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Nifty Midcap150 Momentum 50 Index Fund or Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF?
On SEBI's riskometer, Edelweiss Nifty Midcap150 Momentum 50 Index Fund is rated Very High and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Very High. Over 1 years, the standard deviation of daily returns was 18.57% and 17.84% a year.
Can I invest in both Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF?
Yes. 54.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Nifty Midcap150 Momentum 50 Index Fund and Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF?
Edelweiss Nifty Midcap150 Momentum 50 Index Fund: Bhavesh Jain, Bharat Lahoti, Manasi Jalgaonkar. Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Ekta Gala, amp, Akshay Udeshi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.