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Mirae Asset Nifty India Manufacturing ETF
EquityEquity - OtherVery High Risk
NAV (21-Nov-24)
₹137.96-0.59%1D
Returns (Since Inception)
22.44%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹211 Cr
Expense Ratio
0.45%
ISIN
INF769K01IB1
Minimum SIP
-
Exit Load
-
Inception Date
27 Jan 2022
About this fund
Mirae Asset Nifty India Manufacturing ETF is a Equity - Other mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 2 years, 9 months and 26 days, having been launched on 27-Jan-22.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹137.96, Assets Under Management (AUM) of 211.33 Crores, and an expense ratio of 0.45%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹137.96, Assets Under Management (AUM) of 211.33 Crores, and an expense ratio of 0.45%.
- Mirae Asset Nifty India Manufacturing ETF has given a CAGR return of 22.44% since inception.
- The fund's asset allocation comprises around 100.00% in equities, 0.00% in debts, and 0.00% 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.
1 Year
+35.91%
— (Cat Avg.)
Since Inception
+22.44%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹211.32 Cr | 100.00% |
| Others | ₹0.01 Cr | 0.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Sun Pharmaceuticals Industries Ltd | Equity | ₹11.36 Cr | 5.37% |
| Reliance Industries Ltd | Equity | ₹10.24 Cr | 4.85% |
| Mahindra & Mahindra Ltd | Equity | ₹10.14 Cr | 4.80% |
| Tata Motors Ltd | Equity | ₹9.95 Cr | 4.71% |
| Maruti Suzuki India Ltd | Equity | ₹8.54 Cr | 4.04% |
| Tata Steel Ltd | Equity | ₹7.21 Cr | 3.41% |
| Bajaj Auto Ltd | Equity | ₹6.39 Cr | 3.02% |
| Hindalco Industries Ltd | Equity | ₹5.85 Cr | 2.77% |
| Bharat Electronics Ltd | Equity | ₹5.75 Cr | 2.72% |
| JSW Steel Ltd | Equity | ₹5.41 Cr | 2.56% |
| Cipla Ltd | Equity | ₹4.99 Cr | 2.36% |
| Vedanta Ltd | Equity | ₹4.61 Cr | 2.18% |
| Dr Reddy's Laboratories Ltd | Equity | ₹4.55 Cr | 2.15% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹4.55 Cr | 2.15% |
| Suzlon Energy Ltd | Equity | ₹4.47 Cr | 2.12% |
| Divi's Laboratories Ltd | Equity | ₹4.38 Cr | 2.07% |
| Eicher Motors Ltd | Equity | ₹3.94 Cr | 1.87% |
| Hero MotoCorp Ltd | Equity | ₹3.79 Cr | 1.79% |
| Bharat Petroleum Corp Ltd | Equity | ₹3.52 Cr | 1.67% |
| Siemens Ltd | Equity | ₹3.47 Cr | 1.64% |
| TVS Motor Co Ltd | Equity | ₹3.43 Cr | 1.62% |
| Indian Oil Corp Ltd | Equity | ₹3.13 Cr | 1.48% |
| Dixon Technologies (India) Ltd | Equity | ₹3.11 Cr | 1.47% |
| Lupin Ltd | Equity | ₹3.09 Cr | 1.46% |
| Samvardhana Motherson International Ltd | Equity | ₹2.96 Cr | 1.40% |
| Pidilite Industries Ltd | Equity | ₹2.82 Cr | 1.33% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹2.79 Cr | 1.32% |
| Cummins India Ltd | Equity | ₹2.67 Cr | 1.26% |
| CG Power & Industrial Solutions Ltd | Equity | ₹2.54 Cr | 1.20% |
| Havells India Ltd | Equity | ₹2.43 Cr | 1.15% |
| Aurobindo Pharma Ltd | Equity | ₹2.29 Cr | 1.08% |
| Voltas Ltd | Equity | ₹2.2 Cr | 1.04% |
| ABB India Ltd | Equity | ₹2.19 Cr | 1.04% |
| PI Industries Ltd | Equity | ₹2.13 Cr | 1.01% |
| Bharat Forge Ltd | Equity | ₹2.1 Cr | 1.00% |
| Jindal Steel & Power Ltd | Equity | ₹2.05 Cr | 0.97% |
| SRF Ltd | Equity | ₹1.9 Cr | 0.90% |
| Sona BLW Precision Forgings Ltd | Equity | ₹1.8 Cr | 0.85% |
| Bosch Ltd | Equity | ₹1.78 Cr | 0.84% |
| Torrent Pharmaceuticals Ltd | Equity | ₹1.73 Cr | 0.82% |
| Bharat Heavy Electricals Ltd | Equity | ₹1.73 Cr | 0.82% |
| Polycab India Ltd | Equity | ₹1.72 Cr | 0.82% |
| Ashok Leyland Ltd | Equity | ₹1.68 Cr | 0.80% |
| UPL Ltd | Equity | ₹1.64 Cr | 0.78% |
| Supreme Industries Ltd | Equity | ₹1.56 Cr | 0.74% |
| Page Industries Ltd | Equity | ₹1.55 Cr | 0.74% |
| APL Apollo Tubes Ltd | Equity | ₹1.55 Cr | 0.73% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹1.47 Cr | 0.70% |
| Zydus Lifesciences Ltd | Equity | ₹1.47 Cr | 0.69% |
| MRF Ltd | Equity | ₹1.46 Cr | 0.69% |
| Solar Industries India Ltd | Equity | ₹1.46 Cr | 0.69% |
| Balkrishna Industries Ltd | Equity | ₹1.33 Cr | 0.63% |
| KEI Industries Ltd | Equity | ₹1.29 Cr | 0.61% |
| Astral Ltd | Equity | ₹1.23 Cr | 0.58% |
| Exide Industries Ltd | Equity | ₹1.21 Cr | 0.57% |
| Coromandel International Ltd | Equity | ₹1.14 Cr | 0.54% |
| Deepak Nitrite Ltd | Equity | ₹1.06 Cr | 0.50% |
| Tata Chemicals Ltd | Equity | ₹1.05 Cr | 0.50% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹1.03 Cr | 0.49% |
| Hindustan Zinc Ltd | Equity | ₹0.96 Cr | 0.46% |
| Linde India Ltd | Equity | ₹0.94 Cr | 0.45% |
| Carborundum Universal Ltd | Equity | ₹0.86 Cr | 0.41% |
| AIA Engineering Ltd | Equity | ₹0.84 Cr | 0.40% |
| Aditya Birla Real Estate Ltd | Equity | ₹0.84 Cr | 0.40% |
| Schaeffler India Ltd | Equity | ₹0.81 Cr | 0.38% |
| Lloyds Metals & Energy Ltd | Equity | ₹0.74 Cr | 0.35% |
| Escorts Kubota Ltd | Equity | ₹0.71 Cr | 0.34% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹0.7 Cr | 0.33% |
| Timken India Ltd | Equity | ₹0.69 Cr | 0.32% |
| SKF India Ltd | Equity | ₹0.68 Cr | 0.32% |
| Cochin Shipyard Ltd | Equity | ₹0.6 Cr | 0.29% |
| Tejas Networks Ltd | Equity | ₹0.6 Cr | 0.28% |
| Castrol India Ltd | Equity | ₹0.6 Cr | 0.28% |
| Honeywell Automation India Ltd | Equity | ₹0.57 Cr | 0.27% |
| Hindustan Copper Ltd | Equity | ₹0.56 Cr | 0.27% |
| K.P.R. Mill Ltd | Equity | ₹0.49 Cr | 0.23% |
| Metro Brands Ltd | Equity | ₹0.22 Cr | 0.10% |
| Treps | Cash - Repurchase Agreement | ₹0.01 Cr | 0.00% |
| Net Receivables / (Payables) | Cash | ₹-0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
68.77%
Mid Cap Stocks
27.79%
Small Cap Stocks
3.44%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹63.37 Cr | 29.98% |
| Industrials | ₹47.94 Cr | 22.68% |
| Basic Materials | ₹44.96 Cr | 21.28% |
| Healthcare | ₹33.85 Cr | 16.02% |
| Energy | ₹17.49 Cr | 8.28% |
| Technology | ₹3.71 Cr | 1.75% |
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 January 2022
VS
Vishal Singh
Since August 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF769K01IB1 | Expense Ratio 0.45% | Exit Load - | Fund Size ₹211 Cr | Age 2 years 9 months | Lumpsum Minimum - | Fund Status Open Ended Investment Company | Benchmark Nifty India Manufacturing 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% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,057 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Mirae Asset Nifty India Manufacturing ETF?
The NAV of Mirae Asset Nifty India Manufacturing ETF, as of 21-Nov-2024, is ₹137.96.
What is the portfolio composition of Mirae Asset Nifty India Manufacturing ETF?
The fund's allocation of assets is distributed as 100.00% in equities, 0.00% in bonds, and 0.00% in cash and cash equivalents.
Who manages the Mirae Asset Nifty India Manufacturing ETF?
The fund managers responsible for Mirae Asset Nifty India Manufacturing ETF are:-
- Ekta Gala
- Vishal Singh
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.