Mirae Asset Launches Nifty200 Momentum 30 G-Sec Hybrid ETF and Index Fund

Mirae Asset Mutual Fund has introduced 2 new passive hybrid investment schemes in India. The launch includes the Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF and the Mirae Asset Nifty 200 Momentum 30 Plus 8-13 yr G-Sec 75:25 Index Fund.

According to the fund house, these are India's first hybrid ETF and first smart beta-based hybrid index fund, respectively. The new fund offer (NFO) period for both schemes opens on July 10, 2026, and closes on July 22, 2026.

Mirae Asset Hybrid ETF and Index Fund Launch Details

The 2 newly launched schemes combine equity and debt exposure through a passive investment approach. Both funds track the Nifty200 Momentum 30 Index for equity allocation and the Nifty 8-13 Year G-Sec Index for debt exposure.

The Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF allocates 50% to equities and 50% to government securities. Meanwhile, the Mirae Asset Nifty 200 Momentum 30 Plus 8-13 yr G-Sec 75:25 Index Fund allocates 75% to equities and 25% to government securities.

NFO Dates and Investment Requirements

The NFO for both schemes will remain open from July 10, 2026, to July 22, 2026. After the NFO period, the ETF will reopen for continuous subscription on July 28, 2026, while the index fund will reopen on July 29, 2026.

The minimum investment amount during the NFO is ₹5,000. Subsequent investments can be made in multiples of Re 1, according to the scheme details.

Nifty200 Momentum 30 and G-Sec Strategy

The equity allocation in both schemes tracks the Nifty200 Momentum 30 Index, a smart beta index that selects stocks based on recent risk-adjusted price momentum. The debt allocation tracks the Nifty 8-13 Year G-Sec Index, which invests in Government of India securities.

The asset allocation between equities and debt will be rebalanced every month to maintain the targeted composition. In addition, the underlying equity index will be reconstituted twice a year in accordance with its index methodology.

ETF Listing and Government Securities Portfolio Details

As passive products, both schemes aim to replicate their benchmark indices rather than rely on active stock or bond selection. The ETF will be listed on stock exchanges, enabling investors to buy and sell units during market hours.

The debt portfolio will invest exclusively in Government of India securities and will not hold corporate bonds. While sovereign securities do not carry credit risk, the fund house noted that they remain subject to interest rate risk due to their duration profile.

Read More: Best Equity International Mutual Funds.

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Conclusion

Mirae Asset Mutual Fund has expanded its passive product lineup with the launch of 2 hybrid schemes that combine momentum-oriented equities and government securities. The offerings differ primarily in their equity-debt allocation, with one following a 50:50 structure and the other a 75:25 structure.

Both funds use passive index-tracking strategies, monthly portfolio rebalancing, and exposure to sovereign debt instruments. The schemes will be managed by Ekta Gala and Pranavi Kulkarni, with the NFO period remaining open until July 22, 2026.

Investors looking to explore investment opportunities can open a demat account to invest and trade in the equity market seamlessly.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.