Mirae Asset Nifty Midcap 150 ETF (MIDCAPETF.BO)
About this ETF
The Mirae Asset Nifty Midcap 150 ETF is a passively managed investment vehicle designed to mirror the performance of the Nifty Midcap 150 Index. Its core strategy involves investing in the exact same securities that comprise the index, maintaining identical proportional weightings for each. The primary objective of this scheme is to minimize "tracking error," thereby ensuring its returns closely align with those of the underlying Nifty Midcap 150 Index. This precision is achieved through ongoing portfolio rebalancing. Such adjustments are necessary to account for any changes in the index's constituent weights, as well as to manage the fund's own inflows (new investments) and outflows (redemptions). To facilitate operational flexibility and meet potential liquidity needs, a small portion of the…
Price
Top 10 holdings
This fund does not disclose a securities portfolio (e.g. physically-backed or synthetic products).
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | +6.33% |
| 3 months | +10.87% |
| 6 months | +3.14% |
| Year to date | +4.23% |
| 1 year | +6.24% |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 16.47% |
| Sharpe (1y) | 0.45 |
| Sharpe (3y) | — |
| Sortino (1y) | 0.62 |
| Max drawdown (1y) | -14.24% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -20.76% |
| Beta vs S&P 500 (1y) | 0.29 |
| Correlation vs S&P 500 (1y) | 0.23 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
This fund does not disclose a securities portfolio (e.g. physically-backed commodity products or some synthetic structures).
Cost vs. peers
Comparison universe: 102 funds of the same asset class.
Cost impact calculator
Dividend history
Accumulating share class Income is reinvested inside the fund instead of being paid out. (inferred from the absence of distributions)
No distributions on record — accumulating share classes reinvest income instead of paying it out.
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| ProShares - GENIUS Money Market ETF IQMM | 0.15% | 20.33B | 1.28% | — | — |
| First Trust Enhanced Short Maturity ETF FTSM | 0.29% | 6.50B | 4.14% | -0.18% | -0.15 |
| Direxion Daily MU Bull 2X ETF MUU | 1.01% | 6.00B | 1.00% | +2,707.12% | 2.96 |
| CI High Interest Savings ETF CSAV.TO | 0.15% | 3.22B | 2.19% | 0.00% | 0.00 |
| Fidelity US Quality Income UCITS ETF ACC-GBP (hedged) FUSP.L | 0.30% | 2.68B | — | +20.04% | 1.78 |
| Fidelity US Quality Income UCITS ETF EUR Hedged Acc FUSU.DE | 0.30% | 2.28B | — | +17.51% | 1.57 |
| Purpose Cash Management Fund MNY.TO | 0.20% | 2.05B | 2.54% | 0.00% | 0.00 |
| Fidelity US Quality Income UCITS ETF Acc FUSA.L | 0.25% | 2.00B | — | +20.58% | 1.78 |
| Fidelity US Quality Income UCITS ETF INC-USD FUSD.L | 0.25% | 2.00B | 1.40% | +18.69% | 1.67 |
| Fidelity US Quality Income UCITS ETF INC-USD FUSI.L | 0.25% | 2.00B | 1.41% | +19.39% | 1.90 |
Cheaper alternatives
This fund is already among the cheapest of its asset class.

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