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Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 69/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.07%
- AUM (15%)₹245 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Equity · Small Cap
₹10.91
AUM: ₹245 Cr
NAV updated 28 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.07%
Exit Load
Exit load of 0.05%, if redeemed within 15 Days.
Fund Manager
Ekta Gala
Inception
Mar 2024
Benchmark
Nifty Smallcap 250 Momentum Quality 100 Total Return Index
Sharpe Ratio
0.01
Std Dev (1Y)
18.86%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+5.37%
3m
+8.0%
6m
+17.47%
1y
+11.14%
3y
—
5y
—
10y
—
since inception
+1.85%
TopFund's Take on Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF holds up reasonably well within the Small Cap category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.
Cost: At 0.07%, the expense ratio is meaningfully cheaper — about 91% below the Small Cap category average of 0.77% (based on 253 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.01 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 18.86% is fairly typical for Small Cap funds.
Who should invest: This fund is best suited to investors with a 7-10 year horizon who can stomach 30-40% drawdowns in a bad year in exchange for higher long-term growth potential. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
The current NAV (Net Asset Value) of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is ₹10.91. NAV is updated every business day after market close by AMFI.
1Y: 11.14%
The expense ratio of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is 0.07% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is managed by Ekta Gala at Mirae Asset Mutual Fund.
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is ₹245 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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