The Mirae AN Midsmallcap400 Momentum Quality 100 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty MidSmallcap400 Momentum Quality 100 Total Return Index through a factor-based investment approach.

This ETF utilizes a strategy focused on momentum and quality, tracking the Nifty MidSmallcap400 Momentum Quality 100 benchmark, ensuring alignment with mid and small-cap market dynamics.

Portfolio concentration highlights top holdings like Suzlon Energy Ltd. and BSE Ltd., with a significant exposure to the Capital Markets and IT sectors, reflecting a diversified yet focused investment strategy.

Performance reflects a decline of -13.0% over the past year, with a low tracking error of 0.13%, indicating strong alignment with its benchmark despite recent market challenges.

With an AUM of ₹356.9 Cr and an expense ratio of 0.46%, the fund is accessible and efficiently managed, enhancing its appeal to investors seeking exposure to quality mid and small-cap equities.