Mirae Asset Nifty EV and New Age Automotive ETF
EquityEquity - OtherVery High Risk
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹148 Cr
Expense Ratio
0.41%
ISIN
INF769K01LQ3
Minimum SIP
-
Exit Load
-
Inception Date
11 Jul 2024
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹29.98, Assets Under Management (AUM) of 148.40 Crores, and an expense ratio of 0.41%.
- Mirae Asset Nifty EV and New Age Automotive ETF has given a CAGR return of -9.36% since inception.
- The fund's asset allocation comprises around 99.97% in equities, 0.00% in debts, and 0.03% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
-9.36%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹148.35 Cr | 99.97% |
| Others | ₹0.05 Cr | 0.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mahindra & Mahindra Ltd | Equity | ₹11.66 Cr | 7.85% |
| Maruti Suzuki India Ltd | Equity | ₹11.44 Cr | 7.71% |
| Tata Motors Ltd | Equity | ₹11.43 Cr | 7.70% |
| Bajaj Auto Ltd | Equity | ₹10.48 Cr | 7.06% |
| Bosch Ltd | Equity | ₹6.27 Cr | 4.23% |
| Sona BLW Precision Forgings Ltd | Equity | ₹6.2 Cr | 4.18% |
| Exide Industries Ltd | Equity | ₹6.2 Cr | 4.18% |
| CG Power & Industrial Solutions Ltd | Equity | ₹5.99 Cr | 4.04% |
| Tata Elxsi Ltd | Equity | ₹5.92 Cr | 3.99% |
| Reliance Industries Ltd | Equity | ₹5.89 Cr | 3.97% |
| Samvardhana Motherson International Ltd | Equity | ₹5.81 Cr | 3.92% |
| KPIT Technologies Ltd | Equity | ₹5.56 Cr | 3.75% |
| Tata Chemicals Ltd | Equity | ₹5.38 Cr | 3.62% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹5.26 Cr | 3.54% |
| UNO Minda Ltd | Equity | ₹5.25 Cr | 3.54% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹5.09 Cr | 3.43% |
| Schaeffler India Ltd | Equity | ₹4.14 Cr | 2.79% |
| Himadri Speciality Chemical Ltd | Equity | ₹4.09 Cr | 2.75% |
| L&T Technology Services Ltd | Equity | ₹4.05 Cr | 2.73% |
| Tata Technologies Ltd | Equity | ₹3.71 Cr | 2.50% |
| Motherson Sumi Wiring India Ltd | Equity | ₹3.18 Cr | 2.14% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹2.63 Cr | 1.77% |
| Eicher Motors Ltd | Equity | ₹2.52 Cr | 1.70% |
| Hero MotoCorp Ltd | Equity | ₹2.43 Cr | 1.63% |
| TVS Motor Co Ltd | Equity | ₹2.2 Cr | 1.48% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹1.79 Cr | 1.20% |
| Bharat Forge Ltd | Equity | ₹1.35 Cr | 0.91% |
| Ashok Leyland Ltd | Equity | ₹1.12 Cr | 0.75% |
| Varroc Engineering Ltd Ordinary Shares | Equity | ₹0.59 Cr | 0.40% |
| Jupiter Wagons Ltd | Equity | ₹0.26 Cr | 0.18% |
| Olectra Greentech Ltd | Equity | ₹0.25 Cr | 0.17% |
| JBM Auto Ltd | Equity | ₹0.12 Cr | 0.08% |
| RattanIndia Enterprises Ltd | Equity | ₹0.1 Cr | 0.07% |
| Net Receivables / (Payables) | Cash | ₹0.04 Cr | 0.03% |
| Treps | Cash - Repurchase Agreement | ₹0.01 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.25%
Mid Cap Stocks
42.01%
Small Cap Stocks
10.70%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹93.99 Cr | 63.34% |
| Technology | ₹19.24 Cr | 12.97% |
| Basic Materials | ₹14.72 Cr | 9.92% |
| Industrials | ₹14.5 Cr | 9.77% |
| Energy | ₹5.89 Cr | 3.97% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Ekta Gala
Since July 2024
Akshay Udeshi
Since July 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF769K01LQ3 | Expense Ratio 0.41% | Exit Load - | Fund Size ₹148 Cr | Age 4 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty EV &New Age Auto TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹219.26 Cr | 16.2% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹219.26 Cr | 15.8% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹541.38 Cr | 31.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹541.38 Cr | 29.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2975.33 Cr | 37.4% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2975.33 Cr | 35.8% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹342.57 Cr | 34.8% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.40 Cr | 23.8% |
Risk Level
Your principal amount will be at Very High Risk
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- Ekta Gala
- Akshay Udeshi
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