Mirae Asset Nifty Smallcap 250 ETF-Growth
Mirae Asset Nifty Smallcap 250 ETF-Growth snapshot
| NFO opens on | 31 October 2025 | 
| NFO Closes on | 04 November 2025 | 
| Min. Investment | Rs. 5000 | 
| Plans | Growth | 
| Sahifund Verdict | This NFO may suit investors with a high risk appetite and 5+ year horizon, who are comfortable with all-cap, thematic equity exposure. Conservative investors or those seeking proven performance may be better served with established Flexicap funds. | 
⏱️ Last Update: 30 October 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Mirae Asset Nifty Smallcap 250 ETF-Growth Open Date, Close Date?
NFO opens on October 31, 2025
NFO will close on November 04, 2025 
Investment Strategy for this NFO?
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Smallcap 250 Total Return Index, subject to tracking error.
Basic Details
| Fund House | Mirae Asset Mutual Fund | 
| Issue Open | 31 October 2025 | 
| Issue Close | 04 November 2025 | 
| Type | Open-ended | 
| Category | Equity: Small Cap | 
| Min. Investment(₹) | 5,000 | 
| Plans | Growth | 
| Lock-in Period | NA | 
| Exit Load | 0 | 
| Riskometer | Very High | 
| Benchmark | NIFTY Smallcap 250 TRI | 
About Benchmark Index for this NFO?
Nifty Smallcap 250 represents the balance 250 companies (companies ranked 251-500) from Nifty 500. This index intends to measure the performance of small market capitalisation companies.
Nifty Smallcap 250 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Smallcap 250 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Smallcap 250 Total Returns Index
Portfolio Characteristics
| Methodology | Free Float Market Capitalization | 
| No. of Constituents | 251 | 
| Launch Date | April 01, 2016 | 
| Base Date | April 01, 2005 | 
| Base Value | 1000 | 
| Calculation Frequency | Real-Time | 
| Index Rebalancing | Semi-Annually | 
Fund Managers of Mirae Asset Nifty Smallcap 250 ETF-Growth
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. 
2) Ritesh Patel
Education: Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB. 
Experience: Prior to joining Mirae Asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd. 
AMC
Mirae Asset Investment Managers (India) Pvt. Ltd.
Address: Unit No.606 – 6th Floor, Windsor Building – Off. CST Road, Kalina, Santacruz (East), Mumbai – 400098
Website: http://www.miraeassetmf.co.in
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Mirae Asset Nifty Smallcap 250 ETF-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Smallcap 250 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception | 
| Price Return | -6.21 | -5.97 | -9.33 | 27.26 | 14.71 | 
| Total Return | -5.92 | -5.51 | -8.82 | 28.23 | 16.06 | 
| Statistics ## | 1 Year | 5 Years | Since Inception | 
| Std. Deviation * | 20.73 | 18.50 | 21.64 | 
| Beta (NIFTY 50) | 1.13 | 0.92 | 0.80 | 
| Correlation (NIFTY 50) | 0.71 | 0.71 | 0.77 | 
Fundamentals
| P/E | P/B | Dividend Yield | 
| 29.96 | 3.56 | 0.69 | 
Top constituents by weightage
| Company’s Name | Weight(%) | 
| Multi Commodity Exchange of India Ltd. | 2.00 | 
| Laurus Labs Ltd. | 1.64 | 
| Central Depository Services (India) Ltd. | 1.31 | 
| Delhivery Ltd. | 1.21 | 
| Radico Khaitan Ltd | 1.14 | 
| Kaynes Technology India Ltd. | 1.11 | 
| Karur Vysya Bank Ltd. | 1.00 | 
| Crompton Greaves Consumer Electricals Ltd. | 0.94 | 
| Cholamandalam Financial Holdings Ltd. | 0.94 | 
| Computer Age Management Services Ltd. | 0.91 | 
Past Performance of Ekta Gala
| Fund | Mirae Asset Nifty 50 ETF | It’s Benchmark | Mirae Asset Nifty Next 50 ETF | It’s Benchmark | 
| 1 Year | 7.79 | 7.21 | 0.49 | 7.21 | 
| 3 Year | 14.79 | 15.98 | 19.15 | 15.98 | 
| 5 Year | 18.74 | 19.91 | 21.51 | 19.91 | 
| 7 Year | — | — | — | — | 
| 10 Year | — | — | — | — | 
As on 30-10-2025
Past Performance of Ritesh Patel
| Fund | Mirae Asset Multi Asset Allocation Fund | It’s Benchmark | Mirae Asset BSE Sensex ETF | It’s Benchmark | 
| 1 Year | 12.89 | 9.80 | 6.99 | 7.21 | 
| 3 Year | — | — | — | — | 
| 5 Year | — | — | — | — | 
| 7 Year | — | — | — | — | 
| 10 Year | — | — | — | — | 
As on 30-10-2025
[B] Review of Fund Managers
Ekta Gala
- Background: Ms. Gala is a B.Com & Inter CA (IPCC), Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Ritesh Patel
- 
Background: Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB., Prior to joining Mirae Asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd. 
Sahifund Verdict: 
X
Peer Comparison (?)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Mirae Asset Nifty Smallcap 250 ETF-Growth NFO?
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 October 30, 2025
October 30, 2025 RA Jainee
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