Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund

Fund of FundsDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund is a mutual fund run by Mirae Asset Mutual Fund. On 30-09-2026, it managed ₹280 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −0.5% and its Regular plan returned −1.1%. Its benchmark, Nifty MidSmallcap400 Momentum Quality 100 TRI, returned 0.5% over the same year.

NAV (Direct plan): ₹9.87; ▼ 1.09%30-10-2026
NAV (Regular plan): ₹9.74; ▼ 1.10%30-10-2026
Expense ratio: 0.06%Direct0.62%Regular; 0.06%; A year
Riskometer: Very High; Set by the fund house
1 year return: −0.5%Direct−1.1%Regular; −0.5%; Total

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹9.87 (down 1.09% that day); Regular Plan Growth ₹9.74 (down 1.10% that day).

This fund (Direct plan)

₹9.869

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Returns vs Nifty MidSmallcap400 Momentum Quality 100 TRI

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

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−1.94%	−3.71%	−1.36%	−0.51%	--	--	--
This fund (Regular)	−1.98%	−3.84%	−1.64%	−1.08%	--	--	--
Nifty MidSmallcap400 Momentum Quality 100 TRI	−1.52%	−3.31%	−0.63%	+0.48%	--	--	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty MidSmallcap400 Momentum Quality 100 TRI
2026to date	+2.56%	+2.08%	+3.30%
2025	−7.81%	−8.22%	−6.80%

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 349 periods, one for each trading day from 02-06-2025 to 30-10-2026.

−20%−10%0%10%20%

Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Direct)Nifty MidSmallcap400 Momentum Quality 100 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	349	−0.5%	−14.5%	14.9%	53%	0.4%	0%
2 years	104	−2.5%	−5.2%	3.2%	95%	−1.5%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty MidSmallcap400 Momentum Quality 100 TRI over the same days. Past returns do not promise future returns.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Direct)This fund	Nifty MidSmallcap400 Momentum Quality 100 TRI
Return (CAGR)	−0.51%	+0.48%
Standard deviation	17.59%	17.71%
Sharpe ratio	-0.33	-0.27
Sortino ratio	-0.45	-0.37
Maximum drawdown	−14.6% (23-03-2026)	−14.4% (23-03-2026)
Beta	0.99	1.00
Alpha	−1.06%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Direct)This fund	Nifty MidSmallcap400 Momentum Quality 100 TRI
Return (CAGR)	+0.04%	+1.12%
Standard deviation	19.31%	19.90%
Sharpe ratio	-0.30	-0.24
Sortino ratio	-0.40	-0.31
Maximum drawdown	−26.0% (03-03-2025)	−25.6% (03-03-2025)
Beta	0.96	1.00
Alpha	−1.30%	0.00%

From daily NAVs, 31-05-2024 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−30%−25%−20%−15%−10%−5%0%

20252026

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Direct)Nifty MidSmallcap400 Momentum Quality 100 TRI

	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 Fund of Fund (Direct)	−26.0%	15-07-2024	03-03-2025	Not yet	--	−11.9%
Nifty MidSmallcap400 Momentum Quality 100 TRI	−25.6%	15-07-2024	03-03-2025	Not yet	--	−10.0%

From the Direct plan's daily NAV since 31-05-2024, adjusted for unit splits, and Nifty MidSmallcap400 Momentum Quality 100 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Expense Ratio and Costs

What each plan charges a year, in force from 29-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.05%	0.00%	0.00%	0.01%	0.06%
Regular	0.52%	0.00%	0.00%	0.10%	0.62%

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−1.08%	−0.51%	0.57%	₹98,920	₹99,490

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its 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 31-05-2024 to 30-10-2026: 30 instalments, ₹3,00,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Direct)	₹3,00,000	₹2,98,549	−₹1,451	−0.4%
Regular planMirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Regular)	₹3,00,000	₹2,96,529	−₹3,471	−0.9%
Nifty MidSmallcap400 Momentum Quality 100 TRI	₹3,00,000	₹3,02,205	₹2,205	0.6%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L

20252026

Direct planMirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Direct)Regular planMirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund (Regular)Nifty MidSmallcap400 Momentum Quality 100 TRIAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI, 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 Fund of Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Portfolio Holdings

As on 30-09-2026 · 1 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF		100.04%

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Mirae Asset Multi Factor Passive FOFFund of Funds · Mirae Asset	15.0%	1	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.06%
Expense ratio (Regular): 0.62%
Category: Fund of Funds
Risk: Very High
Launch date: 30-05-2024
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹280.27 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152645
ISIN (Direct): INF769K01LN0
Scheme code (Regular): 152647
ISIN (Regular): INF769K01LK6
NAV history: From 31-05-2024, 2.4 years

Benchmark: Nifty MidSmallcap400 Momentum Quality 100 TRI
Exit load: Exit load of 0.05%, if redeemed within 15 Days.

Tax on Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹9.869	30-10-2026
direct	IDCW	₹9.869	30-10-2026
regular	Growth	₹9.74	30-10-2026
regular	IDCW	₹9.745	30-10-2026

About Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund is a mutual fund from Mirae Asset Mutual Fund. Its category is Fund of Funds. It was launched on 30-05-2024. Its benchmark is Nifty MidSmallcap400 Momentum Quality 100 TRI. At the end of September 2026 it held 1 securities.

Fund Manager

Ekta Gala
Fund manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund
amp
Fund manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund
Akshay Udeshi
Fund manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund

See all funds of Mirae Asset Mutual Fund

AUM change

September 2026: ₹280.27 Cr; −4.48% from August 2026
August 2026: ₹293.41 Cr; +3.59% from July 2026
July 2026: ₹283.24 Cr; +2.36% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of vs Mirae Asset Multi Factor Passive FOF15.0% overlap

Compare with any other fund

Frequently Asked Questions for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund

What is the current NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

The Direct plan NAV is ₹9.869. The Regular plan NAV is ₹9.74, as on 30-10-2026.

What are the returns of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

The Direct plan returned −0.51% in 1 year. The Regular plan returned −1.08% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

The Direct plan charges 0.06% a year. The Regular plan charges 0.62% a year. This is the figure the fund house reported to AMFI, in force from 29-09-2026.

What is the AUM of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund managed ₹280.27 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

At the end of September 2026 the largest holdings were MIDSMALL (100.04%). The fund held 1 securities in all.

How do I invest in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

Through Mirae Asset Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

Ekta Gala, amp, Akshay Udeshi.

What is the exit load of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund?

Exit load of 0.05%, if redeemed within 15 Days.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.