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mirae asset nifty midcap 150 etf
Mirae Asset Nifty Midcap 150 ETF

Mirae Asset Nifty Midcap 150 ETF

  • Very High Risk
  • Equity
  • Mid-Cap
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NAV as on Jul 28, 2025
i
Price per unit of the scheme.
₹ 21.6584-0.86%1 Day Change
-2.30%
1 Year Tracking Error
i
Volatility of active return (Fund return - Benchmark return)
7.00%
Expense Ratio0.05%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jul 29, 2025
Compare fund’s performance against category average across different time periods
1M3M6M1Y3Y5Y
4Out of 7 funds in the category
Category Avg Return
-1.26%
Fund Return -1.44%
Low-1.44%11.73%High
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Mirae Asset Nifty Midcap 150 ETF
VS
Equity: Mid-Cap Average NAV
    Topper in Equity: Mid-Cap (ETFs only)
    Invesco India Mid Cap Fund Direct Plan Growth Option
    All Fund
    *For the other fund, rescaled NAVs are used
    Share
    • Whatsapp
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Mirae Asset Nifty Midcap 150 ETF
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹3,60,000
    • Return
      ₹1,34,740
    • Current Value
      ₹4,94,740

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty Midcap 150 TR INR
    Expense Ratio
    0.05%
    Category Avg Expense Ratio
    0.12%
    1 Year Tracking Error
    7.000000000000001 %
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 1,068.86 Cr(As on Jun, 2025)
    Inception Date
    Mar 09, 2022
    Turnover
    - %
    Exit Load

    bt_logoABOUT THE FUND

    Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Midcap 150 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.

    Mirae Asset Nifty Midcap 150 ETF is an Equity - Mid-Cap fund. The fund was launched inMar 09, 2022. Its risk level is . The NAV of the fund as onJul 28, 2025 is ₹21.66. Its expense ratio is 0.05 %. The fund has an AUM of ₹1,068.86 Cr.The fund is managed byEkta Gala,Vishal Singh,Ritesh Patel.
    The minimum initial investment is  --

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    bt_logoFUND MANAGER

    Ekta Gala
    Ekta Gala
    i
    Lead Fund Manager.
    Mar 9, 2022 - Present
    • Schemes managed6
    • Total AUM₹ 3,148.78 Cr
    • Highest Return In 1 Yr73.11 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    --
    ₹ 12.35
    8.02%
    -%
    Very High Risk
    ₹85.17Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 32.77
    11.40%
    -%
    Very High Risk
    ₹1,983.36Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 21.25
    8.95%
    -%
    Very High Risk
    ₹621.54Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 12.35
    • Fund Size₹85.17Cr
    Fund Return8.02%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 32.77
    • Fund Size₹1,983.36Cr
    Fund Return11.40%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.25
    • Fund Size₹621.54Cr
    Fund Return8.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vishal Singh
    Vishal Singh
    i
    Lead Fund Manager.
    Aug 28, 2023 - Present
    • Schemes managed5
    • Total AUM₹ 3,046.07 Cr
    • Highest Return In 1 Yr73.11 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    --
    ₹ 18.13
    -1.86%
    -%
    Very High Risk
    ₹112.94Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 21.25
    8.95%
    -%
    Very High Risk
    ₹621.54Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 32.77
    11.40%
    -%
    Very High Risk
    ₹1,983.36Cr
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.13
    • Fund Size₹112.94Cr
    Fund Return-1.86%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.25
    • Fund Size₹621.54Cr
    Fund Return8.95%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 32.77
    • Fund Size₹1,983.36Cr
    Fund Return11.40%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Ritesh Patel
    Ritesh Patel
    i
    Lead Fund Manager.
    Mar 12, 2025 - Present
    • Schemes managed3
    • Total AUM₹ 2,690.07 Cr
    • Highest Return In 1 Yr73.11 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    --
    ₹ 12.35
    8.02%
    -%
    Very High Risk
    ₹85.17Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 32.77
    11.40%
    -%
    Very High Risk
    ₹1,983.36Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 21.25
    8.95%
    -%
    Very High Risk
    ₹621.54Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 12.35
    • Fund Size₹85.17Cr
    Fund Return8.02%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 32.77
    • Fund Size₹1,983.36Cr
    Fund Return11.40%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.25
    • Fund Size₹621.54Cr
    Fund Return8.95%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (99.92%)
    DEBT (-%)
    CASH (0.08%)
    Allocation by Market Cap
    Large Cap(5.01%)
    Mid Cap(92.03%)
    Small Cap(2.88%)
    Industry Holdings
    • Banks Regional7.56%
    • Drug Manufacturers Specialty Generic6.05%
    • Diversified Industrials5.55%
    • Auto Parts5.28%
    • Information Technology Services5.04%
    • Credit Services4.16%
    Stock Holdings
    • BSE Ltd3.08%
    • Max Healthcare Institute Ltd Ordinary Shares2.59%
    • Suzlon Energy Ltd2.20%
    • Persistent Systems Ltd1.77%
    • Coforge Ltd1.75%
    • PB Fintech Ltd1.65%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      0.50
      This Fund
      VS
      -0.12
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      98.17
      This Fund
      VS
      90.49
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.97
      This Fund
      VS
      0.92
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.32
      This Fund
      VS
      1.23
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      2.34
      This Fund
      VS
      2.14
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      16.46
      This Fund
      VS
      16.24
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    ICICI Prudential S&P BSE Midcap Select ETFICICI Prudential S&P BSE Midcap Select ETF
    ₹ 18.82
    10.70%
    8.08%
    Very High Risk
    ₹ 76.68 Cr
    HDFC NIFTY Midcap 150 ETFHDFC NIFTY Midcap 150 ETF
    --
    ₹ 17.72
    3.45%
    2.46%
    Very High Risk
    ₹ 15.15 Cr
    Zerodha Nifty Midcap 150 ETFZerodha Nifty Midcap 150 ETF
    --
    ₹ 10.69
    -1.40%
    -2.42%
    Very High Risk
    ₹ 93.65 Cr
    Mirae Asset Nifty Midcap 150 ETFMirae Asset Nifty Midcap 150 ETF
    --
    ₹ 21.85
    -1.44%
    -2.42%
    Very High Risk
    ₹ 1,068.86 Cr
    Kotak Nifty Midcap 50 ETFKotak Nifty Midcap 50 ETF
    --
    ₹ 166.68
    -2.15%
    -2.42%
    Very High Risk
    ₹ 71.76 Cr
    Motilal Oswal Nifty Midcap 100 ETFMotilal Oswal Nifty Midcap 100 ETF
    ₹ 62.25
    -2.25%
    -2.42%
    Very High Risk
    ₹ 709.04 Cr
    ICICI Prudential S&P BSE Midcap Select ETF
    Very High Risk
    • NAV₹ 18.82
    • Fund Size₹ 76.68 Cr
    Fund Return10.70%
    Category Return8.08%
    HDFC NIFTY Midcap 150 ETF
    Very High Risk--
    • NAV₹ 17.72
    • Fund Size₹ 15.15 Cr
    Fund Return3.45%
    Category Return2.46%
    Zerodha Nifty Midcap 150 ETF
    Very High Risk--
    • NAV₹ 10.69
    • Fund Size₹ 93.65 Cr
    Fund Return-1.40%
    Category Return-2.42%
    Mirae Asset Nifty Midcap 150 ETF
    Very High Risk--
    • NAV₹ 21.85
    • Fund Size₹ 1,068.86 Cr
    Fund Return-1.44%
    Category Return-2.42%
    Kotak Nifty Midcap 50 ETF
    Very High Risk--
    • NAV₹ 166.68
    • Fund Size₹ 71.76 Cr
    Fund Return-2.15%
    Category Return-2.42%
    Motilal Oswal Nifty Midcap 100 ETF
    Very High Risk
    • NAV₹ 62.25
    • Fund Size₹ 709.04 Cr
    Fund Return-2.25%
    Category Return-2.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct GrowthMirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 32.83
    11.60%
    --
    Very High Risk
    ₹ 1,983.36 Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct GrowthMirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 21.56
    10.50%
    --
    Very High Risk
    ₹ 621.54 Cr
    Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct GrowthMirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
    --
    ₹ 10.81
    8.23%
    --
    Very High Risk
    ₹ 47.43 Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct GrowthMirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    --
    ₹ 12.27
    7.31%
    --
    Very High Risk
    ₹ 85.17 Cr
    Mirae Asset Healthcare Fund Direct GrowthMirae Asset Healthcare Fund Direct Growth
    --
    ₹ 44.76
    6.11%
    3.25%
    Very High Risk
    ₹ 2,785.12 Cr
    Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct GrowthMirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth
    --
    ₹ 22.89
    4.76%
    --
    Very High Risk
    ₹ 336.50 Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 32.83
    • Fund Size₹ 1,983.36 Cr
    1 Month Return11.60%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.56
    • Fund Size₹ 621.54 Cr
    1 Month Return10.50%
    Category Return--
    Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.81
    • Fund Size₹ 47.43 Cr
    1 Month Return8.23%
    Category Return--
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 12.27
    • Fund Size₹ 85.17 Cr
    1 Month Return7.31%
    Category Return--
    Mirae Asset Healthcare Fund Direct Growth
    Very High Risk--
    • NAV₹ 44.76
    • Fund Size₹ 2,785.12 Cr
    1 Month Return6.11%
    Category Return3.25%
    Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 22.89
    • Fund Size₹ 336.50 Cr
    1 Month Return4.76%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Mirae Asset Investment Managers (India) Private Limited
    Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,12,354.05 crores. It’s current offering of mutual fund schemes includes 21 equity, 14 debt and 12 hybrid schemes.
    phone icon
    Phone
    022-6780 0300
    mail icon
    Email
    customercare@miraeasset.com
    aum
    AUM
    ₹ 2,12,354.05 Cr (
    As on Jun 30, 2025
    )
    location
    Address
    Unit No. 606, 6th Floor, Mumbai,400 098

    bt_logoFAQ's

    What is the category of Mirae Asset Nifty Midcap 150 ETF ?
    The category of Mirae Asset Nifty Midcap 150 ETF is Equity - Mid-Cap
    What is the current NAV of Mirae Asset Nifty Midcap 150 ETF ?
    The current NAV of Mirae Asset Nifty Midcap 150 ETF as on Jul 28, 2025 is ₹21.66
    How safe is Mirae Asset Nifty Midcap 150 ETF ?
    The risk level of Mirae Asset Nifty Midcap 150 ETF is Very High.
    What are short term returns given by Mirae Asset Nifty Midcap 150 ETF ?
    The return given by Mirae Asset Nifty Midcap 150 ETF in 1 month is -2.30%, 3 months is 6.99%, 6 months is 12.44%, and 1 year is -0.13%
    What are the long term returns given by Mirae Asset Nifty Midcap 150 ETF ?
    The return given by Mirae Asset Nifty Midcap 150 ETF in 3 years is 25.12% and 5 years is --.
    What is the expense ratio of Mirae Asset Nifty Midcap 150 ETF ?
    The expense ratio of Mirae Asset Nifty Midcap 150 ETF is 0.05%
    What is the AUM of Mirae Asset Nifty Midcap 150 ETF ?
    The assets under Management (AUM) of Mirae Asset Nifty Midcap 150 ETF is Rs 1,068.86 crores.
    What is the minimum investment in Mirae Asset Nifty Midcap 150 ETF ?
    The minimum Lumpsum investment in Mirae Asset Nifty Midcap 150 ETF is -- and the minimum SIP investment in Mirae Asset Nifty Midcap 150 ETF is ₹0.07
    What is the asset allocation of Mirae Asset Nifty Midcap 150 ETF?
    Mirae Asset Nifty Midcap 150 ETF has an exposure of 99.92% in Equity and 0.08% in Cash & Money Market Securities

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