Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth
NAV as on 15-04-2025
₹ 9.31
▲2.8%
1D
Inception Returns
/yr
Historical NAV & Returns
About Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth is a hybrid fund. This fund was started on 1 March, 2024. The fund is managed by Ekta Gala. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has ₹177 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has given a CAGR return of -8.76% since inception. Over the last 1 year the fund has given a CAGR return of -12.27%.
Holdings
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Basic Materials, Tech, Consumer Defensive, Consumer Cyclical, Energy, Communication, Utilities, Real Estate.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth has no lock in period.
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | Nifty Smallcap 250 Momentum Quality 100 |
| AUM | ₹177 Cr |
| Inception Date | 1 March, 2024 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 114.61% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 177.3 Cr as of Mar'25
- AUM increased by 19.3 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Industrial, Financial Services & Health
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Nfty SmCp 250 Mmt Qul 100ETF | 100.07% | 3.2% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | -12.27% | - | - | -8.76% |
 ICICI Prudential Thematic Advantage Fund(FOF) Direct Plan Growth | 12.23% | 17.5% | 29.55% | 15.87% |
 Bandhan Income Plus Arbitrage FoF - Direct Plan - Growth | 8.96% | 7.01% | 6.87% | 7.95% |
ICICI Prudential Asset Allocator Fund(FOF) Direct Plan Growth | 8.07% | 13.44% | 18.78% | 12.55% |
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹177 Cr
Expense Ratio 0.86%
Frequently Asked Questions for Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Dir Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.39% | 2.39% |
6 Month Returns | -23.46% | -23.46% |
1 Year Returns | -12.27% | -12.27% |
3 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.