Mirae Asset Launches Nifty200 Momentum 30 Hybrid ETF

Mirae Asset is set to introduce its new Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF-Growth scheme, an open-ended hybrid fund. This offering is designed to balance exposure across equities and government securities, with its inception scheduled for July 27, 2026.

The fund’s structure categorises it as a Hybrid: Balanced Hybrid fund, reflecting its diversified investment approach. Investors will note the scheme carries no entry or exit loads, making it accessible for initial investments starting at ₹5,000.

Scheme Fundamentals Outlined

• Fund Category: Hybrid: Balanced Hybrid
• Fund Type: Open-ended
• Entry Load: 0%
• Exit Load: 0%
• Benchmark: Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 Total Return Index
• Minimum Initial Investment: ₹5,000

Management of the new ETF will fall under the purview of experienced professionals at Mirae Asset Mutual Fund. Both Ekta Gala and Pranavi Kulkarni commenced their tenures with the firm in July 2026, bringing diverse backgrounds to their roles.

Meet the Fund Managers

• Ekta Gala: Holds a B.Com & Inter CA (IPCC) qualification and previously worked at ICICI Prudential Asset Management Company Ltd. She currently oversees 42 schemes.
• Pranavi Kulkarni: Possesses a BE in Computer Science and an MBA in Finance. Her prior experience includes roles at Edelweiss Mutual Fund, CRISIL Ltd., and Yes Bank, and she currently manages 7 schemes.

While specific detailed scheme data for the Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF-Growth scheme is not yet available, the broader portfolios managed by Ms. Gala and Ms. Kulkarni largely comprise ETFs and index funds. These span various market capitalizations and sectors, indicating their expertise in passive and hybrid investment strategies.