The current market price of Mirae Asset Nifty Midcap 150 ETF is ₹22.30. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty Midcap 150 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty Midcap 150 Total Return Index, providing exposure to midcap equities. This passive investment strategy closely tracks the Nifty Midcap 150 Index (TRI), utilizing a low tracking error of 0.04%, ensuring effective replication of benchmark performance. The portfolio is heavily concentrated in equities, with top holdings like BSE Ltd. and Hero MotoCorp Ltd. contributing significantly, while the top ten holdings represent a diverse sector allocation. Performance has been robust, with a 1-year return of +5.4% and a compelling 3-year CAGR of 22.0%, indicating strong growth amidst market fluctuations and showcasing effective management. With an expense ratio of just 0.05% and an AUM of ₹1239.7 Cr, the fund demonstrates operational efficiency, enhancing investor returns while maintaining low costs.

Mirae Asset Nifty Midcap 150 ETF is designed to track Nifty Midcap 150 Index (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty Midcap 150 ETF is 0.05%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Mirae Asset Nifty Midcap 150 ETF is approximately ₹1,239.71. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Mirae Asset Nifty Midcap 150 ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Mirae Asset Nifty Midcap 150 ETF is 0.04%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty Midcap 150 ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Mirae Asset Nifty Midcap 150 ETF has delivered the following returns: 1-year return: 12.34%. 3-year return: 92.74%. 5-year return: 112.38%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty Midcap 150 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.