3 Year return

0
Launched on May 2024 (0 year)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹125.82 Cr.

Expense Ratio

0.06% (inclusive of GST)

Exit Load

If redeemed within 3 months from the date of allotment: 0.50% If redeemed after 3 months from the date of allotment: NIL.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Tax on gains as per your income tax bracket

Fund Holdings

Holdings

Mirae Asset Mutual Fund Managers

EG

Ekta Gala

Fund Manager since Jul 2024

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund Asset management company

AUM ₹174,622.18 Cr.
No. of Schemes 110
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

Key Features of The Fund

5-year return NA
Expense Ratio 0.06%
Fund Manager Ekta Gala
Fund Size ₹125.82 Cr
Risk Profile Very High

AMC Contact Details

Name Mirae Asset Mutual Fund
Launch Date November 2007
Addresss Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact 1800-2090-777
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund Jul 15 2024 is 11.203

What is the AUM of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund is 125.82 crore.

What is the expense ratio of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund is 0.06%

What are the returns of Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund since inception?

The Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund was launched on May 10 2024. The fund has delivered a CAGR of 11.18 since inception.

What is the minimum SIP amount to invest in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund is 500.

How do I invest in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.