Mumbai, July 13 -- Mirae Asset Investment Managers (India) has launched the New Fund Offers (NFOs) for the Mirae Asset BSE Midcap 150 Momentum 30 ETF and the Mirae Asset BSE Midcap 150 Momentum 30 ETF Fund of Fund (FOF).

The ETF will replicate the BSE Midcap 150 Momentum 30 Total Return Index (TRI) by investing in its constituent stocks, while the FOF will invest predominantly in units of the ETF.

The NFO for the ETF will remain open for subscription from 6 July 2026 to 13 July 2026, while the FOF NFO will close on 20 July 2026. The ETF and FOF will reopen for continuous sale and repurchase on 17 July 2026 and 24 July 2026, respectively.

The underlying index follows a rules-based methodology to select 30 midcap stocks from the BSE Midc...