The Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty Smallcap 250 Momentum Quality 100 Total Return Index.

This ETF employs a momentum investment strategy, focusing on smallcap stocks while tracking the Nifty Smallcap 250 Momentum Quality 100 benchmark, ensuring alignment with its performance objectives.

The portfolio consists predominantly of equity, with a concentration in sectors like Capital Markets and Finance, featuring key holdings such as Manappuram Finance Ltd. and Multi Commodity Exchange of India Ltd.

Over the past year, the fund has experienced a decline of -8.4%, with a tracking error of 0.23%, indicating relatively consistent performance against its benchmark despite recent challenges.

With an AUM of ₹665.3 Cr and an expense ratio of 0.47%, the fund is positioned for accessibility, although liquidity considerations may arise given its concentrated holdings.