Motilal Oswal Midcap 100 ETF, managed by Motilal Oswal Asset Management, aims to replicate the Nifty Midcap 100 Total Return Index, focusing on passive investment strategies for mid-cap equities.

The fund employs a tracking strategy to correlate with the Nifty Midcap 100 TRI, targeting consistent performance aligned with the benchmark while maintaining a minimal tracking error of 0.3%.

Key holdings include BSE Ltd. and Hero MotoCorp Ltd., with a notable concentration across sectors like Banks and IT, indicating a diverse yet focused investment approach in mid-cap stocks.

In terms of performance, the fund has shown a robust 1-year return of 9.6% and impressive 3-year and 5-year CAGR of 24.5% and 26.6%, respectively, reflecting strong mid-cap market trends.

With an AUM of ₹674.35 Cr and a low expense ratio of 0.22%, the fund is efficiently managed by experienced professionals, ensuring liquidity and cost-effectiveness for investors.