The Mirae Asset Nifty Energy ETF will follow the Nifty Energy Total Return Index, which represents companies across India’s energy sector, including oil and gas, power utilities, and renewable energy.
As per the index composition, around half the weight is allocated to oil, gas, and consumable fuels, with the remaining spread between power and capital goods companies.
The Mirae Asset Nifty Smallcap 250 ETF will mirror the Nifty Smallcap 250 Total Return Index, which covers 250 companies ranked between 251 and 500 by full market capitalisation within the Nifty 500 universe.
The index is designed to capture the performance of India’s small-cap segment.
The new fund offers (NFOs) for both schemes will open for subscription on October 31, and close on November 4.
Units will reopen for trading from November 10, 2025. The minimum investment during the NFO period is ₹5,000, and in multiples of ₹1 thereafter.
The Mirae Asset Nifty Energy ETF will be managed jointly by Ekta Gala and Akshay Udeshi, while Ekta Gala and Ritesh Patel will jointly manage the Mirae Asset Nifty Smallcap 250 ETF.
With these launches, Mirae Asset adds to its existing range of ETFs tracking the Nifty 50, Nifty Next 50, and Nifty Midcap 150 indices.