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    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF

    Direct Plan where a fund has one, Growth option · Data as on 30-10-2026

    ICICI Prudential Nifty Midcap 150 ETF is an ETF fund and Mirae Asset Nifty Midcap 150 ETF is an ETF fund. In the 3 years to 30-10-2026, ICICI Prudential Nifty Midcap 150 ETF returned 13.6% a year and Mirae Asset Nifty Midcap 150 ETF returned 13.7% a year. ICICI Prudential Nifty Midcap 150 ETF charges 0.22% a year and Mirae Asset Nifty Midcap 150 ETF 0.17%. Their portfolios overlap 98.9%: they hold 150 of the same securities.

    ICICI Prudential Nifty Midcap 150 ETF

    ETF

    3 year return
    13.6%
    Expense ratio
    0.22%
    NAV
    ₹21.79
    See ICICI Prudential Nifty Midcap 150 ETF

    Mirae Asset Nifty Midcap 150 ETF

    ETF

    3 year return
    13.7%
    Expense ratio
    0.17%
    NAV
    ₹21.54
    See Mirae Asset Nifty Midcap 150 ETF

    Which is better, ICICI Prudential Nifty Midcap 150 ETF or Mirae Asset Nifty Midcap 150 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 Midcap 150 ETF returned more over 3 years: 13.7% a year against 13.6%.
    • Mirae Asset Nifty Midcap 150 ETF returned more over 1 year: −4.4% against −4.5%.
    • Mirae Asset Nifty Midcap 150 ETF costs less: 0.17% a year against 0.22%.
    • ICICI Prudential Nifty Midcap 150 ETF swung less over 3 years: a standard deviation of 17.1% a year against 17.1%.
    • Mirae Asset Nifty Midcap 150 ETF fell less in its worst fall since 10-03-2022: −21.0% against −21.0%.
    • Mirae Asset Nifty Midcap 150 ETF is the larger fund: ₹1,818 Cr against ₹742 Cr.
    • Their portfolios overlap 98.9%: 150 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

    FactICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    Fund houseICICI Prudential Mutual FundMirae Asset Mutual Fund
    CategoryETFETF
    AUM₹742 Cr (30-09-2026)₹1,818 Cr (30-09-2026)
    NAV₹21.79₹21.54
    Expense ratio (Direct)Not availableNot available
    Expense ratio (Regular)Not availableNot available
    RiskometerNot availableVery High
    BenchmarkNifty Midcap 150 TRINifty Midcap 150 TRI
    Launch date24-01-202009-03-2022
    Minimum investmentDuring Ongoing/Continuous Offer: On Stock Exchanges: Investors can buy/sell units of the Scheme in round lot of 1 unit and in multiples thereof. Directly with the Mutual Fund: Investors can buy or sell units of the scheme in creation unit size and its mulOn exchange In multiple of 1 units Directly with AMC In multiple of 4,00,000 units Directly with AMC In multiple of 4,00,000 units
    Lock inNoneNone
    Fund managersNishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus AhujaEkta Gala, amp, Ritesh Patel
    Exit loadNilNIL

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    ICICI Prudential Nifty Midcap 150 ETF−3.69%−8.59%−4.10%−4.53%+13.64%+13.61%--
    Mirae Asset Nifty Midcap 150 ETF−3.68%−8.53%−4.01%−4.44%+13.72%----

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Year-wise Returns

    YearICICI PrudentialICICI Prudential Nifty Midcap 150 ETFMirae AssetMirae Asset Nifty Midcap 150 ETFNifty Midcap 150 TRI
    2026to date−5.12%−5.04%−4.97%
    2025+5.86%+5.93%+5.98%
    2024+24.26%+24.32%+24.46%
    2023+44.23%+44.35%+44.61%
    2022+3.61%--+3.91%
    2021+47.73%--+48.16%

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Rolling Returns

    Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of both

    Rolling returns

    Every 3-year holding period, 405 of them, one for each trading day from 10-03-2025 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.

    0%10%20%30%40%
    Apr 2022
    to
    Apr 2025
    Aug 2022
    to
    Aug 2025
    Nov 2022
    to
    Nov 2025
    Feb 2023
    to
    Feb 2026
    Jun 2023
    to
    Jun 2026
    Sept 2023
    to
    Sept 2026
    ICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETFNifty Midcap 150 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    ICICI Prudential Nifty Midcap 150 ETF0.00.00.06.916.861.714.622.1%22.5%12.5%31.1%0%
    Mirae Asset Nifty Midcap 150 ETF0.00.00.06.716.362.015.122.2%22.6%12.6%31.2%0%
    Nifty Midcap 150 TRI0.00.00.06.715.662.215.622.3%22.7%12.7%31.3%--

    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 Midcap 150 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 10-03-2022. Past returns do not promise future returns.

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 02-03-2022 to 30-10-2026: 56 instalments, ₹5,60,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    ICICI Prudential Nifty Midcap 150 ETFICICI Prudential Nifty Midcap 150 ETF ₹5,60,000 ₹7,35,278 ₹1,75,278 11.7%
    Mirae Asset Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF ₹5,60,000 ₹7,36,869 ₹1,76,869 11.8%
    ₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L
    2023202420252026
    ICICI Prudential Nifty Midcap 150 ETFICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETFAmount 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.

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    Return (CAGR)+13.64%+13.72%
    Standard deviation17.09%17.10%
    Sharpe ratio0.450.45
    Sortino ratio0.590.60
    Maximum drawdown−21.0% (28-02-2025)−21.0% (28-02-2025)
    Beta1.001.00
    Alpha−0.17%−0.10%

    From daily NAVs, 30-10-2023 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.

    −25%−20%−15%−10%−5%0%
    2023202420252026
    ICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETFNifty Midcap 150 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    ICICI Prudential Nifty Midcap 150 ETF−21.0%24-09-202428-02-202512-11-20258 months−10.6%
    Mirae Asset Nifty Midcap 150 ETF−21.0%24-09-202428-02-202512-11-20258 months−10.6%
    Nifty Midcap 150 TRI−20.9%24-09-202428-02-202512-11-20258 months−10.5%

    From daily values since 10-03-2022, 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 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%5%10%15%20%
    2026
    ICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETFNifty Midcap 150 TRI

    Against Nifty Midcap 150 TRI

    FundUp captureDown captureTracking error
    ICICI Prudential Nifty Midcap 150 ETF100%100%0.08%
    Mirae Asset Nifty Midcap 150 ETF100%100%0.06%

    From month-end values since 10-03-2022. 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.

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Portfolio Overlap

    From each fund's latest monthly portfolio: ICICI Prudential Nifty Midcap 150 ETF, September 2026; Mirae Asset Nifty Midcap 150 ETF, September 2026

    Holdings in common

    Overlap
    98.9%
    Held by both
    150
    Only in ICICI Prudential Nifty Midcap 150 ETF
    0
    Only in Mirae Asset Nifty Midcap 150 ETF
    0
    Security% of ICICI Prudential Nifty Midcap 150 ETF% of Mirae Asset Nifty Midcap 150 ETF
    Multi Commodity Exchange Of India Ltd.2.05%2.07%
    The Federal Bank Ltd.1.91%1.93%
    Laurus Labs Ltd.1.88%1.90%
    One 97 Communications Ltd1.76%1.78%
    Hero Motocorp Ltd.1.67%1.68%
    The Indian Hotels Company Ltd.1.56%1.58%
    COFORGE Ltd.1.48%1.50%
    Bharat Heavy Electricals Ltd.1.48%1.49%
    IndusInd Bank Ltd.1.45%1.46%
    AU Small Finance Bank Ltd.1.43%1.45%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 98.9% means 98.9% 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 ICICI Prudential Nifty Midcap 150 ETF

    Every holding of this fund is also held by the other.

    Largest holdings only in Mirae Asset Nifty Midcap 150 ETF

    Every holding of this fund is also held by the other.

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    Equity98.1%99.0%
    Debt0.0%0.0%
    Cash and others1.9%1.0%

    Market cap of stocks

    Market capICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    Large Cap5.7%5.7%
    Mid Cap89.9%90.8%
    Small Cap2.5%2.5%

    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

    SectorICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    Pharmaceuticals & Biotechnology9.0%9.2%
    Banks8.6%8.7%
    Finance6.7%6.8%
    Electrical Equipment5.9%6.0%
    Retailing5.5%5.6%
    Capital Markets4.7%4.7%

    The six largest sectors of each fund's stocks, % of the fund.

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeICICI Prudential Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    Base expense ratio (Direct)0.00%0.00%
    Base expense ratio (Regular)0.13%0.05%

    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.

    ICICI Prudential Nifty Midcap 150 ETF vs Mirae Asset Nifty Midcap 150 ETF: Frequently Asked Questions

    What is the difference between ICICI Prudential Nifty Midcap 150 ETF and Mirae Asset Nifty Midcap 150 ETF?

    ICICI Prudential Nifty Midcap 150 ETF is an ETF fund, Mirae Asset Nifty Midcap 150 ETF is an ETF fund, run by ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 98.9%. ICICI Prudential Nifty Midcap 150 ETF charges 0.22% a year and Mirae Asset Nifty Midcap 150 ETF 0.17%.

    Which has given higher returns, ICICI Prudential Nifty Midcap 150 ETF or Mirae Asset Nifty Midcap 150 ETF?

    Over 1 year: ICICI Prudential Nifty Midcap 150 ETF −4.53%, Mirae Asset Nifty Midcap 150 ETF −4.44%. Over 3 years: ICICI Prudential Nifty Midcap 150 ETF +13.64% a year, Mirae Asset Nifty Midcap 150 ETF +13.72% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, ICICI Prudential Nifty Midcap 150 ETF or Mirae Asset Nifty Midcap 150 ETF?

    Mirae Asset Nifty Midcap 150 ETF charges less: 0.17% a year against 0.22%. These are the total expense ratios reported to AMFI.

    How much do ICICI Prudential Nifty Midcap 150 ETF and Mirae Asset Nifty Midcap 150 ETF overlap?

    98.9%. They hold 150 of the same securities, the largest shared ones being MCX, FEDERALBNK, LAURUSLABS. From each fund's latest monthly portfolio.

    Which is better for SIP, ICICI Prudential Nifty Midcap 150 ETF or Mirae Asset Nifty Midcap 150 ETF?

    Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,90,487 in ICICI Prudential Nifty Midcap 150 ETF (XIRR 3.4% a year) and ₹3,91,009 in Mirae Asset Nifty Midcap 150 ETF (XIRR 3.5% a year). Both received 37 instalments. Past returns do not promise future returns.

    Can I invest in both ICICI Prudential Nifty Midcap 150 ETF and Mirae Asset Nifty Midcap 150 ETF?

    Yes. 98.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

    Who manages ICICI Prudential Nifty Midcap 150 ETF and Mirae Asset Nifty Midcap 150 ETF?

    ICICI Prudential Nifty Midcap 150 ETF: Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja. Mirae Asset Nifty Midcap 150 ETF: Ekta Gala, amp, Ritesh Patel.

    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.

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