MF Gyan
otherHigh risk2 years old

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth

A specialised fund. Check the scheme details for what it invests in. From Mirae Asset Mutual Fund. It's been running since 31 May 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹10.455
▼ 0.40% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.08 L
▲ ₹8.0k gain · 8.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹63.9k
Gain / loss+₹3.9k
XIRR (annualised)14.37%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹64.9k
Projected gain*+₹4.9k
*at this fund's historical rate of 14.37% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 107 other funds in Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)

Same plan
1-year return
7.96%median 6.88% (+1.08%)
Rank #32 of 108Beats 56% of peers
Bumpiness (3Y)
19.64%median 17.80% (+1.84%)
Rank #63 of 108Less risky than 38% of peers
Worst-ever drop
-26.00%median -15.49% (-10.51%)
Rank #32 of 108Less risky than 71% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 3 years were positive.

+6%
2024
-8%
2025
+8%
2026
Best year
2026 · 8.49%
Worst year
2025 · -8.44%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
19.6%

The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-26.00%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year7.96%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch2.62%
Volatility — 1 year (annualised)16.93%
Volatility — 3 years (annualised)19.64%
Max drawdown — 1 year-14.59%
Max drawdown — 3 years-26.00%
Sharpe ratio — 1 year (rf=6%)0.11
Sharpe ratio — 3 years (rf=6%)-0.17

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)
Plan
Direct
Option
Growth
ISIN (Growth)
INF769K01LN0
ISIN (Div re-invest)
—
Fund code
152645
First price on record
31 May 2024 · 560 daily prices

About Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth is a Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) offered by Mirae Asset Mutual Fund under the Direct plan with the Growth option. It has approximately 2 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth is ₹10.4550 (as of 4 Sep 2026). Historically, it has delivered 7.95% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 19.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 26.0%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth?+

The latest NAV of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth is ₹10.4550 as of 4 Sep 2026, down 0.40% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth?+

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth has delivered 1-year return 7.95%, since-inception CAGR 2.62%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth belong to?+

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth is categorised as Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic). A specialised fund. Check the scheme details for what it invests in.

How risky is Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 19.6%, Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth a direct plan?+

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth?+

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund - Direct Plan - Growth has NAV history available from 31 May 2024 — approximately 2 years of track record and 560 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.