Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset BSE Midcap 150 Momentum 30 ETF is an ETF fund and Tata NIFTY Midcap 150 Momentum 50 Index Fund is an Index fund. Mirae Asset BSE Midcap 150 Momentum 30 ETF charges 1.78% a year and Tata NIFTY Midcap 150 Momentum 50 Index Fund 0.77%. Their portfolios overlap 63.1%: they hold 26 of the same securities.
Mirae Asset BSE Midcap 150 Momentum 30 ETF
ETF
- Expense ratio
- 1.78%
- NAV
- ₹12.09
Tata NIFTY Midcap 150 Momentum 50 Index Fund
Index
- Expense ratio
- 0.77%
- NAV
- ₹17.48
Which is better, Mirae Asset BSE Midcap 150 Momentum 30 ETF or Tata NIFTY Midcap 150 Momentum 50 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata NIFTY Midcap 150 Momentum 50 Index costs less: 0.77% a year against 1.78%.
- Mirae Asset BSE Midcap 150 Momentum 30 ETF fell less in its worst fall since 17-07-2026: −12.9% against −13.0%.
- Tata NIFTY Midcap 150 Momentum 50 Index is the larger fund: ₹1,206 Cr against ₹106 Cr.
- Their portfolios overlap 63.1%: 26 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 | Mirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 Index Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Tata Mutual Fund |
| Category | ETF | Index |
| AUM | ₹106 Cr (30-09-2026) | ₹1,206 Cr (30-09-2026) |
| NAV | ₹12.09 | ₹17.48 (Direct) |
| Expense ratio (Direct) | Not available | 0.77% |
| Expense ratio (Regular) | Not available | 1.30% |
| Riskometer | Very High | Very High |
| Benchmark | BSE Midcap 150 Momentum 30 TRI (Total Return Index) | NIFTY Midcap 150 Momentum 50 TRI |
| Launch date | 16-07-2026 | 20-10-2022 |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Vishal Singh | Nitin Sharma, Rakesh Prajapati |
| Exit load | NIL | Exit load of 0.50%, if redeemed within 30 days. |
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset BSE Midcap 150 Momentum 30 ETF | −2.77% | −3.01% | -- | -- | -- | -- | -- |
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | −2.15% | −4.28% | −2.82% | −4.81% | +12.75% | -- | -- |
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Year-wise Returns
| Year | Mirae Asset BSE Midcap 150 Momentum 30 ETFMirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 IndexTata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| 2026to date | -- | −4.02% |
| 2025 | -- | −4.20% |
| 2024 | -- | +30.89% |
| 2023 | -- | +49.84% |
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Rolling Returns
Every holding period of both funds, against BSE Midcap 150 Momentum 30 TRI, the benchmark of Mirae Asset BSE Midcap 150 Momentum 30 ETF
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −11.42% | +14.36% |
| Standard deviation | 16.24% | 18.10% |
| Sharpe ratio | -1.03 | 0.45 |
| Sortino ratio | -1.29 | 0.61 |
| Maximum drawdown | −12.9% (23-10-2026) | −25.9% (13-03-2025) |
| Beta | 1.00 | 0.99 |
| Alpha | +0.95% | −1.32% |
From daily NAVs, 17-07-2026 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.
Mirae Asset BSE Midcap 150 Momentum 30 ETF
Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct)
BSE Midcap 150 Momentum 30 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset BSE Midcap 150 Momentum 30 ETF | −12.9% | 26-08-2026 | 23-10-2026 | Not yet | -- | −9.0% |
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | −13.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.9% |
| BSE Midcap 150 Momentum 30 TRI | −13.2% | 26-08-2026 | 23-10-2026 | Not yet | -- | −9.3% |
From daily values since 17-07-2026, the first day every fund has.
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset BSE Midcap 150 Momentum 30 ETF, September 2026; Tata NIFTY Midcap 150 Momentum 50 Index Fund, September 2026
Holdings in common
- Overlap
- 63.1%
- Held by both
- 26
- Only in Mirae Asset BSE Midcap 150 Momentum 30 ETF
- 4
- Only in Tata NIFTY Midcap 150 Momentum 50 Index
- 24
| Security | % of Mirae Asset BSE Midcap 150 Momentum 30 ETF | % of Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Laurus Labs Ltd. | 5.38% | 7.01% |
| Multi Commodity Exchange of India Ltd. | 5.19% | 5.99% |
| The Federal Bank Ltd. | 4.84% | 4.60% |
| Bharat Heavy Electricals Ltd. | 5.03% | 4.45% |
| Bharat Forge Ltd. | 5.11% | 3.90% |
| GE Vernova T&D India Ltd. | 3.77% | 4.28% |
| Hitachi Energy India Ltd. | 3.30% | 3.53% |
| National Aluminium Company Ltd. | 3.59% | 3.21% |
| AU Small Finance Bank Ltd. | 5.03% | 2.68% |
| Vodafone Idea Ltd. | 4.29% | 2.47% |
| Aurobindo Pharma Ltd. | 5.18% | 2.35% |
| Glenmark Pharmaceuticals Ltd. | 2.28% | 2.15% |
| Steel Authority of India Ltd. | 2.47% | 2.06% |
| One 97 Communications Ltd. | 4.64% | 1.87% |
| KEI Industries Ltd. | 2.15% | 1.74% |
| FSN E-Commerce Ventures Ltd. | 3.99% | 1.65% |
| Aditya Birla Capital Ltd. | 2.56% | 1.65% |
| Ashok Leyland Ltd. | 2.84% | 1.63% |
| Radico Khaitan Ltd. | 3.06% | 1.61% |
| APL Apollo Tubes Ltd. | 3.49% | 1.24% |
| Oracle Financial Services Software Ltd. | 2.01% | 1.22% |
| L&T Finance Ltd. | 1.65% | 1.08% |
| Nippon Life India Asset Management Ltd. | 1.48% | 1.08% |
| Indian Bank | 1.94% | 1.07% |
| Bank of Maharashtra | 1.39% | 1.05% |
| Ajanta Pharma Ltd. | 1.50% | 0.69% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 63.1% means 63.1% 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 Mirae Asset BSE Midcap 150 Momentum 30 ETF
| Security | % of fund |
|---|---|
| Sona Blw Precision Forgings Ltd. | 4.60% |
| CG Power and Industrial Solutions Ltd. | 3.45% |
| IPCA Laboratories Ltd. | 2.06% |
| Hindustan Copper Ltd. | 1.71% |
Largest holdings only in Tata NIFTY Midcap 150 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| BSE LTD | 4.10% |
| POLYCAB INDIA LTD | 3.03% |
| MARICO LTD | 2.22% |
| LUPIN LTD | 2.20% |
| INDUSIND BANK LTD | 2.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Equity | 100.0% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.1% |
Market cap of stocks
| Market cap | Mirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Large Cap | 18.0% | 20.6% |
| Mid Cap | 82.0% | 79.3% |
| Small Cap | 0.0% | 0.0% |
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 | Mirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 16.4% | 15.6% |
| Electrical Equipment | 15.6% | 15.3% |
| Banks | 13.2% | 12.0% |
| Capital Markets | 6.7% | 11.2% |
| Auto Components | 9.7% | 3.9% |
| Industrial Products | 5.7% | 6.8% |
| Telecom - Services | 4.3% | 5.2% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset BSE Midcap 150 Momentum 30 ETF | Tata NIFTY Midcap 150 Momentum 50 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.77% |
| Base expense ratio (Direct) | 0.00% | 0.38% |
| Total expense ratio (Regular) | Not available | 1.30% |
| Base expense ratio (Regular) | 0.21% | 0.89% |
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.
Mirae Asset BSE Midcap 150 Momentum 30 ETF vs Tata NIFTY Midcap 150 Momentum 50 Index Fund: Frequently Asked Questions
What is the difference between Mirae Asset BSE Midcap 150 Momentum 30 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund?
Mirae Asset BSE Midcap 150 Momentum 30 ETF is an ETF fund, Tata NIFTY Midcap 150 Momentum 50 Index Fund is an Index fund, run by Mirae Asset Mutual Fund and Tata Mutual Fund. Their portfolios overlap 63.1%. Mirae Asset BSE Midcap 150 Momentum 30 ETF charges 1.78% a year and Tata NIFTY Midcap 150 Momentum 50 Index Fund 0.77%.
Which has the lower expense ratio, Mirae Asset BSE Midcap 150 Momentum 30 ETF or Tata NIFTY Midcap 150 Momentum 50 Index Fund?
Tata NIFTY Midcap 150 Momentum 50 Index Fund charges less: 0.77% a year against 1.78%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset BSE Midcap 150 Momentum 30 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund overlap?
63.1%. They hold 26 of the same securities, the largest shared ones being LAURUSLABS, MCX, FEDERALBNK. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset BSE Midcap 150 Momentum 30 ETF or Tata NIFTY Midcap 150 Momentum 50 Index Fund?
On SEBI's riskometer, Mirae Asset BSE Midcap 150 Momentum 30 ETF is rated Very High and Tata NIFTY Midcap 150 Momentum 50 Index Fund Very High. Over their common history, the standard deviation of daily returns was 16.24% and 18.10% a year.
Can I invest in both Mirae Asset BSE Midcap 150 Momentum 30 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund?
Yes. 63.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset BSE Midcap 150 Momentum 30 ETF and Tata NIFTY Midcap 150 Momentum 50 Index Fund?
Mirae Asset BSE Midcap 150 Momentum 30 ETF: Ekta Gala, amp, Vishal Singh. Tata NIFTY Midcap 150 Momentum 50 Index Fund: Nitin Sharma, Rakesh Prajapati.
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.