Mirae Asset expands ETF line-up with launch of Nifty Energy ETF and Smallcap 250 ETF: What you must know

Mirae Asset Investment Managers (India) Pvt. Ltd. announces the launch of two New Fund Offers (NFOs): Mirae Asset Nifty Energy ETF (an open-ended equity scheme tracking the Nifty Energy Total Return Index) and Mirae Asset Nifty Smallcap 250 ETF (an open-ended scheme tracking the Nifty Smallcap 250 Total Return Index). These products are designed to provide investors with diversified exposure through a transparent, rule-based, and relatively low-cost structure.

The New Fund Offer (NFOs) for both funds will open for subscription from October 31, 2025, and close on November 4, 2025. The schemes reopen on November 10, 2025. The minimum initial investment during NFO is ₹5,000 and in multiples of ₹1.

Ekta Gala and Akshay Udeshi will jointly manage the Mirae Asset Nifty Energy ETF, while Ekta Gala and Ritesh Patel will jointly manage the Mirae Asset Nifty Smallcap 250 ETF.

Mirae Asset Nifty Energy ETF aims to offer investors access to India’s growing energy sector, including traditional hydrocarbons, power utilities, and renewable energy sources. The Nifty Energy Index covers the oil and gas, power, and capital goods industries, representing participation in hydrocarbons, utilities, and clean energy equipment manufacturing.

The index maintains a balanced structure with approximately 50% allocated to Oil, Gas & Consumable Fuels, 25% to Power, and 25% to Capital Goods, thereby capturing both traditional energy producers and infrastructure enablers of India’s energy transition.

According to the press release, Mirae Asset Nifty Energy ETF aims to offer a strategic mix of stability and cyclicality, combining steady earnings from utilities with cyclical upside from oil, gas, and commodity-linked stocks. Tactical investors can also use this ETF to express views on the global commodity cycle and China's revival.

In contrast, long-term investors may view it as a complementary play to India’s structural power and energy infrastructure expansion. Along with the Mirae Asset Nifty Metal ETF, the Mirae Asset Nifty Energy ETF seeks to provide investors with a comprehensive way to capitalize on India’s commodity and industrial upcycle through a transparent, cost-efficient structure.

The Mirae Asset Nifty Smallcap 250 ETF aims to provide investors with affordable exposure to India’s vibrant small-cap sector through a single, diversified fund. The Nifty Smallcap 250 Index tracks 250 companies ranked 251 to 500 by total market capitalization within the Nifty 500 universe and is designed to gauge the performance of small-cap companies that form the foundation of India’s emerging growth stories, according to the press release.

“These ETFs further strengthen our product basket across two key segments of the Indian equity market. Mirae Asset Nifty Energy ETF provides diversified exposure to the entire value chain of India’s energy sector, while Mirae Asset Nifty Smallcap 250 ETF offers comprehensive coverage of small-cap companies within the Nifty 500 universe. Both ETFs enable investors to take tactical positions in their respective segments efficiently, or to build long-term, low-cost, and diversified passive exposure to two vital segments of the market,” said Siddharth Srivastava, Head - ETF Products & Fund Manager, Mirae Asset Investment Managers (India). 

With this launch, Mirae Asset becomes one of the few Asset Management Companies (AMCs) in India offering ETFs across all four core market-cap segments: Nifty 50, Nifty Next 50, Nifty Midcap 150, and Nifty Smallcap 250, along with Nifty 500 Multicap 50:25:25 indices, thereby enabling comprehensive coverage across the entire market-capitalisation spectrum.

Additionally, Mirae Asset already offers the Nifty Smallcap 250 Momentum Quality 100 ETF, a smart-beta strategy derived from the same universe, strengthening the AMC’s leadership in creating differentiated, transparent, and scalable passive investments that cover both core and factor-based strategies. With the launch of the Mirae Asset Nifty Smallcap 250 ETF, Mirae Asset becomes the first AMC to provide an ETF that covers both market-cap and smart-beta exposure within the small-cap segment, supported by the debut of an actively managed small-cap fund.