Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF

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

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is an ETF fund and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF is an ETF fund. In the year to 30-10-2026, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF returned −0.1% and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF returned −4.8%. Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF charges 0.64% a year and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF 1.02%. Their portfolios overlap 54.1%: they hold 29 of the same securities.

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF

ETF

1 year return: −0.1%
Expense ratio: 0.64%
NAV: ₹49.03

See Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF

Motilal Oswal Nifty Midcap 150 Momentum 50 ETF

ETF

1 year return: −4.8%
Expense ratio: 1.02%
NAV: ₹60.22

See Motilal Oswal Nifty Midcap 150 Momentum 50 ETF

Which is better, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF or Motilal Oswal Nifty Midcap 150 Momentum 50 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 −4.8%.
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF costs less: 0.64% a year against 1.02%.
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF fell less in its worst fall since 03-07-2025: −14.7% against −16.5%.
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is the larger fund: ₹464 Cr against ₹45 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.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
−3.1%
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
−6.6%

Change in NAV from 03-07-2025 to 30-10-2026

−15%−10%−5%0%+5%

Key facts

From each fund's scheme summary document and AMFI

Fact	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Fund house	Mirae Asset Mutual Fund	Motilal Oswal Mutual Fund
Category	ETF	ETF
AUM	₹464 Cr (30-09-2026)	₹45 Cr (30-09-2026)
NAV	₹49.03	₹60.22
Expense ratio (Direct)	Not available	Not available
Expense ratio (Regular)	Not available	Not available
Riskometer	Very High	Very High
Benchmark	Nifty MidSmallcap400 Momentum Quality 100 TRI	NIFTY Midcap 150 Momentum 50 TRI
Launch date	22-05-2024	30-06-2025
Minimum investment	On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 units	Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value
Lock in	None	None
Fund managers	Ekta Gala, amp, Akshay Udeshi	Swapnil Mayekar, Dishant Mehta, Rakesh Shetty
Exit load	NIL	Nil

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 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
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	−1.55%	−3.41%	−0.92%	−0.12%	--	--	--
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF	−2.16%	−4.30%	−2.79%	−4.80%	--	--	--

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Year-wise Returns

Year	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
2026to date	+2.85%	−3.98%
2025	−7.32%	--

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Rolling Returns

Every holding period of both funds, against Nifty MidSmallcap400 Momentum Quality 100 TRI, the benchmark of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF

Rolling returns

Every 1-year holding period, 81 of them, one for each trading day from 03-07-2026 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.

−10%−5%0%5%10%15%

Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMotilal Oswal Nifty Midcap 150 Momentum 50 ETFNifty MidSmallcap400 Momentum Quality 100 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	Mean	Median	Lowest	Highest	Beat benchmark
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	16.0	39.5	35.8	8.6	4.5%	4.2%	−3.5%	12.6%	0%
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF	30.9	49.4	19.8	0.0	1.6%	1.5%	−8.4%	9.5%	0%
Nifty MidSmallcap400 Momentum Quality 100 TRI	11.1	43.2	33.3	12.3	5.1%	4.8%	−2.9%	13.3%	--

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 MidSmallcap400 Momentum Quality 100 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 03-07-2025. Past returns do not promise future returns.

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 01-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	₹1,60,000	₹1,61,151	₹1,151	1.0%
Motilal Oswal Nifty Midcap 150 Momentum 50 ETFMotilal Oswal Nifty Midcap 150 Momentum 50 ETF	₹1,60,000	₹1,54,985	−₹5,015	−4.5%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L

2026

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMotilal Oswal Nifty Midcap 150 Momentum 50 ETFMotilal Oswal Nifty Midcap 150 Momentum 50 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.

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Risk and Drawdowns

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

Risk and return

Measure	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Return (CAGR)	−0.12%	−4.80%
Standard deviation	17.84%	18.88%
Sharpe ratio	-0.30	-0.53
Sortino ratio	-0.41	-0.72
Maximum drawdown	−14.7% (23-03-2026)	−14.7% (31-03-2026)
Beta	1.00	1.00
Alpha	−0.60%	−0.83%

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	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Return (CAGR)	−0.07%	−5.03%
Standard deviation	19.87%	17.40%
Sharpe ratio	-0.30	-0.59
Sortino ratio	-0.39	-0.81
Maximum drawdown	−25.9% (03-03-2025)	−14.7% (31-03-2026)
Beta	1.00	1.00
Alpha	−0.56%	−0.75%

From daily NAVs, 23-05-2024 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.

−20%−15%−10%−5%0%

2026

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMotilal Oswal Nifty Midcap 150 Momentum 50 ETFNifty MidSmallcap400 Momentum Quality 100 TRI

Fund	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	−16.5%	03-07-2025	23-03-2026	07-05-2026	45 days	−7.1%
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF	−14.7%	26-11-2025	31-03-2026	07-05-2026	37 days	−8.9%
Nifty MidSmallcap400 Momentum Quality 100 TRI	−16.2%	03-07-2025	23-03-2026	07-05-2026	45 days	−7.1%

From daily values since 03-07-2025, 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.

0%5%10%15%20%

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETFMotilal Oswal Nifty Midcap 150 Momentum 50 ETFNifty MidSmallcap400 Momentum Quality 100 TRI

Against Nifty MidSmallcap400 Momentum Quality 100 TRI

Fund	Up capture	Down capture	Tracking error
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	99%	102%	0.09%
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF	99%	117%	5.12%

From month-end values since 03-07-2025. 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.

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Portfolio Overlap

From each fund's latest monthly portfolio: Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF, September 2026; Motilal Oswal Nifty Midcap 150 Momentum 50 ETF, September 2026

Holdings in common

Overlap: 54.1%
Held by both: 29
Only in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: 71
Only in Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: 21

Security	% of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	% of Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Laurus Labs Ltd.	4.78%	7.02%
The Federal Bank Ltd.	4.11%	4.60%
BSE Ltd.	4.16%	4.10%
Multi Commodity Exchange of India Ltd.	3.79%	5.99%
Bharat Forge Ltd.	2.80%	3.91%
GE Vernova T&D India Ltd.	2.56%	4.29%
Polycab India Ltd.	2.47%	3.03%
Hitachi Energy India Ltd.	2.45%	3.54%
Aurobindo Pharma Ltd.	2.35%	2.35%
Lupin Ltd.	2.21%	2.21%
Marico Ltd.	2.20%	2.22%
AU Small Finance Bank Ltd.	2.02%	2.68%
Apar Industries Ltd.	1.89%	1.90%
Radico Khaitan Ltd.	1.56%	1.61%
National Aluminium Company Ltd.	1.37%	3.21%
KEI Industries Ltd.	1.32%	1.74%
Oracle Financial Services Software Ltd.	1.36%	1.22%
APL Apollo Tubes Ltd.	1.19%	1.24%
Indus Towers Ltd.	1.16%	1.95%
Glenmark Pharmaceuticals Ltd.	1.10%	2.15%
Nippon Life India Asset Management Ltd.	1.06%	1.08%
NMDC Ltd.	1.05%	1.34%
Indian Bank	1.01%	1.08%
Bank of Maharashtra	0.97%	1.05%
Thermax Ltd.	0.78%	1.15%
L&T Finance Ltd.	0.75%	1.08%
Ajanta Pharma Ltd.	0.81%	0.70%
Adani Total Gas Ltd.	0.60%	0.68%
Linde India Ltd.	0.54%	0.52%

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 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%

Largest holdings only in Motilal Oswal Nifty Midcap 150 Momentum 50 ETF

Security	% of fund
Bharat Heavy Electricals Limited	4.46%
Vodafone Idea Limited	2.47%
IndusInd Bank Limited	2.14%
Steel Authority of India Limited	2.06%
One 97 Communications Limited	1.87%

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Equity	100.0%	100.0%
Debt	0.0%	0.0%
Cash and others	-0.0%	0.0%

Market cap of stocks

Market cap	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Large Cap	11.2%	20.6%
Mid Cap	62.9%	79.3%
Small Cap	25.9%	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 Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Pharmaceuticals & Biotechnology	16.0%	15.6%
Electrical Equipment	10.5%	15.3%
Capital Markets	15.0%	11.2%
Banks	10.4%	12.0%
Industrial Products	9.8%	6.8%
Auto Components	6.1%	3.9%
Telecom - Services	1.2%	5.2%

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

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Expense Ratio

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

Charge	Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF	Motilal Oswal Nifty Midcap 150 Momentum 50 ETF
Base expense ratio (Direct)	0.00%	0.00%
Base expense ratio (Regular)	0.37%	0.45%

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 Nifty Midsmallcap400 Momentum Quality 100 ETF vs Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Frequently Asked Questions

What is the difference between Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF?

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is an ETF fund, Motilal Oswal Nifty Midcap 150 Momentum 50 ETF is an ETF fund, run by Mirae Asset Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 54.1%. Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF charges 0.64% a year and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF 1.02%.

Which has given higher returns, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF or Motilal Oswal Nifty Midcap 150 Momentum 50 ETF?

Over 1 year: Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF −0.12%, Motilal Oswal Nifty Midcap 150 Momentum 50 ETF −4.80%. As on 30-10-2026. Past returns do not promise future returns.

Which has the lower expense ratio, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF or Motilal Oswal Nifty Midcap 150 Momentum 50 ETF?

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF charges less: 0.64% a year against 1.02%. These are the total expense ratios reported to AMFI.

How much do Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and Motilal Oswal Nifty Midcap 150 Momentum 50 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, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF or Motilal Oswal Nifty Midcap 150 Momentum 50 ETF?

On SEBI's riskometer, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is rated Very High and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF Very High. Over 1 years, the standard deviation of daily returns was 17.84% and 18.88% a year.

Can I invest in both Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and Motilal Oswal Nifty Midcap 150 Momentum 50 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 Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and Motilal Oswal Nifty Midcap 150 Momentum 50 ETF?

Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Ekta Gala, amp, Akshay Udeshi. Motilal Oswal Nifty Midcap 150 Momentum 50 ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.

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.