September 15, 2022
mayank
Mirae Asset Nifty Midcap 150 ETF
NAV Growth : Rs 12.2390
Suitable For Which Investors ?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Midcap 150 Total Return Index, subject to tracking error.
Fund Manager :
1) Ekta Gala
Education : Ms. Gala is a B.Com & Inter CA (IPCC)
Experience : Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Investment Details
| Min. Investment (Rs) : | 5,000 |
| Min. Addl Investment (Rs) : | — |
| Min. SIP Investment (Rs) : | — |
| Min. Withdrawal (Rs) : | — |
| Min. No of Cheques : | — |
| Min. Balance (Rs) : | — |
| Lock-in Period : | NA |
| Exit Load : | 0 |
Basic Details
| Fund House : | Mirae Asset Mutual Fund |
| Launch Date : | 09-Mar-22 |
| Return Since Launch : | 16.16% |
| Benchmark : | NIFTY Midcap 150 TRI |
| Riskometer : | Very High |
| Type : | Open-ended |
| Assets : | Rs 90 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio : | 0.05% |
| (As on 31-Jul-2022) | |
| Risk Grade : | — |
| Return Grade : | — |
| Turnover : | — |
Mirae Asset Nifty Midcap 150 ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Nifty Midcap 150 ETF | — | -0.35 | 5.06 | 21.61 | 15.39 | — | — | — | — | — |
| S&P BSE 150 MidCap TRI | — | -0.26 | 4.91 | 20.38 | 13.6 | — | — | — | — | — |
| Equity: Mid Cap | — | -0.17 | 5.25 | 20.78 | 13.64 | — | — | — | — | — |
| Rank within category | — | 32 | 18 | 9 | 7 | — | — | — | — | — |
| Number of funds in category | 33 | 39 | 37 | 37 | 36 | 31 | 26 | 21 | 20 | 18 |
Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Mirae Asset Nifty Midcap 150 ETF | Unrated | — | — | — | 0.05 | 90 | 16.16 | — | 0yrs 6mo | — |
| Kotak Emrgng Eqt Reg | 4 star | 10.92 | 28.9 | 15.86 | 1.73 | 21,935 | 14.29 | 1.00 (365) | 15yrs 5mo | 3.16 |
| Axis Midcap Reg | 5 star | 2.03 | 25.69 | 17.36 | 1.75 | 19,504 | 18.41 | 1.00 (365) | 11yrs 7mo | 24.00 |
| Nippon Ind Growth Reg | 4 star | 9.63 | 28.56 | 15.25 | 1.87 | 13,225 | 22.22 | 1.00 (30) | 26yrs 11mo | 80.00 |
| Mirae Asset Midcap Reg | 4 star | 7.76 | 29.93 | — | 1.85 | 8,499 | 29.10 | 1.00 (365) | 3yrs 1mo | 48.00 |
Portfolio Analysis
| No. of Stocks : | 150 |
| Top 10 Stocks info (*) % : | 19.19 |
| Top 5 Stocks info (*) % : | 12.01 |
| Top 3 Sectors info (*) % : | 36.41 |
| Portfolio P/B Ratio info (*) : | 3.32 |
| Portfolio P/E Ratio info : | 28.02 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 36,299 | 34,052 |
| Giant (%) | 5.52 | 5.85 |
| Large (%) | 11.16 | 12.89 |
| Mid (%) | 82.82 | 77.76 |
| Small (%) | 0.50 | 5.94 |
| Tiny (%) | — | 1.30 |
Mirae Asset Nifty Midcap 150 ETF by Chanakya :
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
NFO Guidance :
https://sahifund.com/category/nfos/
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https://www.youtube.com/c/ChanakyaNiPothi
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