The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking error.
Benchmark:
NIFTY MIDCAP 150
Fund Manager:
Sharwan Kumar Goyal, Ayush Jain
ICICI Prudential Nifty Midcap 150 ETF | 30.36(6M) | 26.79(1Y) |
Mirae Asset Nifty Midcap 150 ETF | 31.24(6M) | 27.61(1Y) |
A simple product with a lot of potential at a cheap cost. If you are a fan of passives and don’t mind losing a bit, then this works.
Fund House AAUM:
Rs. 24819160.72 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 16 years
I am tempted to buy in if for nothing else but the simplicity.