The current market price of Mirae Asset Nifty Midcap 150 ETF is ₹23.46. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty Midcap 150 ETF, managed by Mirae Asset Investment Managers, is an Equity scheme replicating the Nifty Midcap 150 TRI through a Market Cap Weighted passive investment approach. The fund employs index replication to track the Nifty Midcap 150 Index (TRI), reporting a tracking error of 0.0% indicating precise replication of the benchmark and portfolio construction during rebalances. Portfolio is effectively 100.0% equity with top ten holdings at 17.5%, notable skews to Banks 9.8%, Pharmaceuticals 6.6% and Electrical Equipment 5.9%, indicating midcap diversification nuances and single-stock concentration risk. Performance shows 1Y: +10.0% and 3Y CAGR: +18.0%, demonstrating consistent midcap returns relative to the Nifty Midcap 150 TRI while tracking error remains minimal at 0.0%, supporting replication fidelity objectively. Operationally the ETF is efficient with expense ratio 0.1% and AUM Dec 2025 ₹1365.6 Cr, managed by Ms. Ekta Gala since Mar 2022 and Mr. Ritesh Patel since Mar 2025.

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 ₹1,365.64. 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: 6.06%. 3-year return: 55.16%. 5-year return: 123.43%. 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.