Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs SBI 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 SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund. Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF charges 0.64% a year and SBI Nifty Midcap 150 Momentum 50 ETF 0.47%. Their portfolios overlap 54.1%: they hold 29 of the same securities.
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
ETF
- Expense ratio
- 0.64%
- NAV
- ₹49.03
SBI Nifty Midcap 150 Momentum 50 ETF
ETF
- Expense ratio
- 0.47%
- NAV
- ₹59.47
Which is better, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF or SBI 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.
- SBI Nifty Midcap 150 Momentum 50 ETF costs less: 0.47% a year against 0.64%.
- Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF fell less in its worst fall since 05-03-2026: −11.0% against −13.0%.
- Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is the larger fund: ₹464 Cr against ₹129 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 | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | SBI Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹464 Cr (30-09-2026) | ₹129 Cr (30-09-2026) |
| NAV | ₹49.03 | ₹59.47 (Regular) |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | 0.47% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty MidSmallcap400 Momentum Quality 100 TRI | NIFTY Midcap 150 Momentum 50 TRI |
| Launch date | 22-05-2024 | 02-03-2026 |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 units | Not available |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Akshay Udeshi | Viral Chhadva |
| Exit load | NIL | Not available |
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs SBI 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% | -- | -- | -- |
| SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | −2.14% | −4.23% | −2.63% | -- | -- | -- | -- |
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs SBI Nifty Midcap 150 Momentum 50 ETF: Year-wise Returns
| Year | Mirae Asset Nifty Midsmallcap400 Momentum Quality 100Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | SBI Nifty Midcap 150 Momentum 50SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| 2026to date | +2.85% | -- |
| 2025 | −7.32% | -- |
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs SBI 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
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs SBI 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 | SBI Nifty Midcap 150 Momentum 50 ETF (Regular) |
|---|---|---|
| Return (CAGR) | −0.07% | −2.31% |
| Standard deviation | 19.87% | 20.16% |
| Sharpe ratio | -0.30 | -0.38 |
| Sortino ratio | -0.39 | -0.52 |
| Maximum drawdown | −25.9% (03-03-2025) | −13.0% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.56% | −0.43% |
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.
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF
SBI Nifty Midcap 150 Momentum 50 ETF (Regular)
Nifty 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 | −11.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −7.1% |
| SBI Nifty Midcap 150 Momentum 50 ETF (Regular) | −13.0% | 31-08-2026 | 23-10-2026 | Not yet | -- | −8.9% |
| Nifty MidSmallcap400 Momentum Quality 100 TRI | −10.9% | 31-08-2026 | 23-10-2026 | Not yet | -- | −7.1% |
From daily values since 05-03-2026, the first day every fund has.
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF vs SBI 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; SBI 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 SBI Nifty Midcap 150 Momentum 50 ETF
- 21
| Security | % of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF | % of SBI 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% | 3.53% |
| 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 SBI Nifty Midcap 150 Momentum 50 ETF
| Security | % of fund |
|---|---|
| Bharat Heavy Electricals Ltd. | 4.46% |
| Vodafone Idea Ltd. | 2.47% |
| IndusInd Bank Ltd. | 2.14% |
| Steel Authority of India Ltd. | 2.06% |
| One 97 Communications Ltd. | 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 | SBI 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 | SBI 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 | SBI 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 SBI 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 | SBI Nifty Midcap 150 Momentum 50 ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Total expense ratio (Regular) | Not available | 0.47% |
| Base expense ratio (Regular) | 0.37% | 0.35% |
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 SBI Nifty Midcap 150 Momentum 50 ETF: Frequently Asked Questions
What is the difference between Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and SBI Nifty Midcap 150 Momentum 50 ETF?
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is an ETF fund, SBI Nifty Midcap 150 Momentum 50 ETF is an ETF fund, run by Mirae Asset Mutual Fund and SBI Mutual Fund. Their portfolios overlap 54.1%. Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF charges 0.64% a year and SBI Nifty Midcap 150 Momentum 50 ETF 0.47%.
Which has the lower expense ratio, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF or SBI Nifty Midcap 150 Momentum 50 ETF?
SBI Nifty Midcap 150 Momentum 50 ETF charges less: 0.47% a year against 0.64%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and SBI 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 SBI Nifty Midcap 150 Momentum 50 ETF?
On SEBI's riskometer, Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF is rated Very High and SBI Nifty Midcap 150 Momentum 50 ETF Very High. Over their common history, the standard deviation of daily returns was 19.87% and 20.16% a year.
Can I invest in both Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF and SBI 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 SBI Nifty Midcap 150 Momentum 50 ETF?
Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF: Ekta Gala, amp, Akshay Udeshi. SBI Nifty Midcap 150 Momentum 50 ETF: Viral Chhadva.
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.