NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹9.83
-6.17%
NAV as on 16 Jan 25, 12:00 AM
very high risk
fund of funds
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
fund of funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
6.19%p.a.
Since Inception
About Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on May 2024, Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl is Fund of Funds fund of its category with 208.62 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl delivered 0.0% annual returns during the last year. It has delivered 6.2% average annual returns since the fund was launched.
- Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized.
Top 1 Holdings
Mirae Asset Nfty MdSmcp400 Mmt Ql 100ETF
99.99%
Fund Managers
- Ekta Gala (May 2024 - Present)
- Vishal Singh (May 2024 - Present)
Key Information
View Scheme Document
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Reg Payout Inc Dist cum Cap Wdrl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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