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MIRAEAMC - SMALLCAP ETF

SMALLCAP

₹51.30+₹0.22 (0.43%) TodayLast updated on 01 Nov, 2024 | 18:59 IST

MIRAEAMC - SMALLCAP ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹51.24
Close
₹51.08
Volume
2,84,737
Avg. traded
₹51.44
Circuit range
₹40.32 - ₹60.49
Day range
₹50.23 - ₹51.75
Year range
₹39.24 - ₹55.25
AUM
₹356.93 Cr

Managers

Ekta Gala, +1 more
Launch Date
23 Feb 2024
MIRAEAMC - SMALLCAP

About Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF

  • The Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is an open-ended scheme belonging to the Mirae Asset Mutual Fund house.
  • It was launched on February 23, 2024.
  • On the National Stock Exchange (NSE), the ETF is traded under the symbol SMALLCAP.
  • As of June 30, 2024, the Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF manages assets worth ₹259.11 crore.
  • Vishal Singh and Ekta Gala are the fund managers.
  • One can invest in the scheme by placing a buy order for the ETF units through their demat account with a registered broker.
  • The ETF can be bought and sold directly during the usual market hours

Investment Objective and Benchmark

  • The Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is benchmarked against Nifty Smallcap 250 Momentum Quality 100 Total Return Index (TRI).
  • Its investment objective is to generate returns that align with the performance of the Nifty Smallcap 250 Momentum Quality 100 TRI.
  • Investors need to be careful as the fund falls under the very high risk category of investments.
  • The ideal investment horizon for this fund is at least three years or more, allowing sufficient time for investors to realise potential returns and navigate market fluctuations.
  • The ETF invests in small-cap companies that tend to have better growth potential when compared to large or giant companies.
  • The scheme diversifies funds in companies from different business domains, limiting the investors’ exposure to sectoral or individual stock risk.

Asset Allocation and Portfolio Composition

  • The Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF’s asset allocation includes 95% to 100% in securities that are part of the Nifty Smallcap 250 Momentum Quality 100 Index.
  • The remaining allocation, between 0% and 5%, is in money market instruments, debt securities and units of debt or liquid schemes of domestic mutual funds.
  • When it comes to sector-wise distribution, the allocation includes 16.86% in capital goods, 16.75% in financials, 11.79% in services, 9.11% in construction, 7.67% in metals and mining, and 37.82% in other sectors.
  • Regarding market capitalisation, the fund allocates 46.61% to giant-cap stocks, 20.73% to large-cap stocks, 23.60% to mid-cap stocks, 8.86% to small-cap stocks and 0.19% to tiny-cap stocks.

The top 10 company holdings constitute 73% of the ETF’s asset allocation.

  • HDFC NIFTY100 Quality 30 ETF top 10 holdings:
  • Coal India Ltd. 5.76%
  • Nestle India Ltd. 4.98%
  • Infosys Limited 4.71%
  • Maruti Suzuki India Limited 4.52%
  • Hindustan Unilever Ltd. 4.25%
  • HCL Technologies Ltd. 5.13%
  • Tata Consultancy Services Ltd. 4.96%
  • ITC Ltd. 4.56%
  • Bajaj Auto Limited 4.51%
  • HDFC Bank Ltd. 4.18%

Key indicators

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Tracking index
Nifty SC 250 Momentum Qlty 100 TR INR

Expense Ratio

0.34%
Tracking error
NA

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Investment checklist: (1/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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MIRAEAMC - SMALLCAP Shareholder returns

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1 day
+1.25%
1 week
+1.77%
1 month
-3.95%
3 months
-5.30%
1 year
+13.94%
3 years
+13.94%
5 years
+13.94%

MIRAEAMC - SMALLCAP Price history

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DayOpenCloseChange %
Thu, Oct 31 2024
₹50.97
₹51.08
+1.25%
Wed, Oct 30 2024
₹50.55
₹50.45
+1.00%
Tue, Oct 29 2024
₹50.00
₹49.95
+1.01%
Mon, Oct 28 2024
₹49.35
₹49.45
+1.42%
Fri, Oct 25 2024
₹50.76
₹48.76
-2.85%
Thu, Oct 24 2024
₹50.98
₹50.19
-0.57%
Wed, Oct 23 2024
₹50.70
₹50.48
+0.76%
Tue, Oct 22 2024
₹52.57
₹50.10
-3.69%

Frequently asked questions