FAQ : Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A N/A N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan is ₹11.05.

It is better to invest in a fund with a longer track record as Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 500, as the Funds portfolio is similar to its benchmark.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan fund’s expense ratio is 0.12%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan is currently ₹209 Crores.

The Top three stocks are , and and account for 0% of its portfolio. Top 5 and 10 stocks of fund account for 0% and 0% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan fund are Others, Miscellaneous and accounting for 100% of the total portfolio.

Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan Fund is Index Funds - Other.

Ekta Gala and Vishal Singh manage the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan Fund.

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan current PE ratio is 0.00 and PB ratio is 0.00

The asset allocation of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan is Stocks : 0%, Debt : 0.01% and Gold : 99.99%

The minimum SIP amount for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Growth - Direct Plan is 0.05% on or before 15 days, Nil after 15 days

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