Mirae Asset Nifty Metal ETF
EquityEquity - OtherVery High Risk
NAV (21-Jan-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹31 Cr
Expense Ratio
0.27%
ISIN
INF769K01LY7
Minimum SIP
₹5,000
Exit Load
-
Inception Date
03 Oct 2024
About this fund
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹8.55, Assets Under Management (AUM) of 30.89 Crores, and an expense ratio of 0.27%.
- Mirae Asset Nifty Metal ETF has given a CAGR return of -14.55% since inception.
- The fund's asset allocation comprises around 99.75% in equities, 0.00% in debts, and 0.25% in cash & cash equivalents.
- You can start investing in Mirae Asset Nifty Metal ETF with a SIP of ₹5000 or a Lumpsum investment of ₹5000.
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
-14.55%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹30.82 Cr | 99.75% |
| Others | ₹0.08 Cr | 0.25% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Tata Steel Ltd | Equity | ₹5.73 Cr | 18.56% |
| Hindalco Industries Ltd | Equity | ₹4.39 Cr | 14.20% |
| JSW Steel Ltd | Equity | ₹4.34 Cr | 14.05% |
| Vedanta Ltd | Equity | ₹3.78 Cr | 12.23% |
| Adani Enterprises Ltd | Equity | ₹3.32 Cr | 10.75% |
| Jindal Steel & Power Ltd | Equity | ₹1.77 Cr | 5.73% |
| APL Apollo Tubes Ltd | Equity | ₹1.42 Cr | 4.61% |
| Jindal Stainless Ltd | Equity | ₹1.14 Cr | 3.70% |
| NMDC Ltd | Equity | ₹1.14 Cr | 3.69% |
| National Aluminium Co Ltd | Equity | ₹0.95 Cr | 3.08% |
| Steel Authority Of India Ltd | Equity | ₹0.82 Cr | 2.65% |
| Hindustan Zinc Ltd | Equity | ₹0.66 Cr | 2.15% |
| Welspun Corp Ltd | Equity | ₹0.53 Cr | 1.72% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹0.41 Cr | 1.34% |
| Hindustan Copper Ltd | Equity | ₹0.41 Cr | 1.32% |
| Net Receivables / (Payables) | Cash | ₹0.07 Cr | 0.23% |
| Treps | Cash - Repurchase Agreement | ₹0.01 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
77.65%
Mid Cap Stocks
19.04%
Small Cap Stocks
3.06%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Basic Materials | ₹27.5 Cr | 89.00% |
| Energy | ₹3.32 Cr | 10.75% |
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 October 2024
Akshay Udeshi
Since October 2024
Additional Scheme Detailsas of 31st December 2024
ISIN INF769K01LY7 | Expense Ratio 0.27% | Exit Load - | Fund Size ₹31 Cr | Age 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Metal 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% | ₹212.14 Cr | 6.1% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.8% | 0.0% | ₹212.14 Cr | 5.7% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹534.00 Cr | 13.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹534.00 Cr | 11.9% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3101.23 Cr | 20.1% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3101.23 Cr | 18.7% |
| 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% | - | ₹414.11 Cr | 5.4% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹98.49 Cr | 12.0% |
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
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What is the current NAV of Mirae Asset Nifty Metal ETF?
What is the portfolio composition of Mirae Asset Nifty Metal ETF?
Who manages the Mirae Asset Nifty Metal ETF?
- Ekta Gala
- Akshay Udeshi
Mirae Asset Nifty Metal ETF
EquityEquity - OtherVery High Risk
NAV (21-Jan-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹31 Cr
Expense Ratio
0.27%
ISIN
INF769K01LY7
Minimum SIP
₹5,000
Exit Load
-
Inception Date
03 Oct 2024
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹8.55, Assets Under Management (AUM) of 30.89 Crores, and an expense ratio of 0.27%.
- Mirae Asset Nifty Metal ETF has given a CAGR return of -14.55% since inception.
- The fund's asset allocation comprises around 99.75% in equities, 0.00% in debts, and 0.25% in cash & cash equivalents.
- You can start investing in Mirae Asset Nifty Metal ETF with a SIP of ₹5000 or a Lumpsum investment of ₹5000.
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
-14.55%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹30.82 Cr | 99.75% |
| Others | ₹0.08 Cr | 0.25% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Tata Steel Ltd | Equity | ₹5.73 Cr | 18.56% |
| Hindalco Industries Ltd | Equity | ₹4.39 Cr | 14.20% |
| JSW Steel Ltd | Equity | ₹4.34 Cr | 14.05% |
| Vedanta Ltd | Equity | ₹3.78 Cr | 12.23% |
| Adani Enterprises Ltd | Equity | ₹3.32 Cr | 10.75% |
| Jindal Steel & Power Ltd | Equity | ₹1.77 Cr | 5.73% |
| APL Apollo Tubes Ltd | Equity | ₹1.42 Cr | 4.61% |
| Jindal Stainless Ltd | Equity | ₹1.14 Cr | 3.70% |
| NMDC Ltd | Equity | ₹1.14 Cr | 3.69% |
| National Aluminium Co Ltd | Equity | ₹0.95 Cr | 3.08% |
| Steel Authority Of India Ltd | Equity | ₹0.82 Cr | 2.65% |
| Hindustan Zinc Ltd | Equity | ₹0.66 Cr | 2.15% |
| Welspun Corp Ltd | Equity | ₹0.53 Cr | 1.72% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹0.41 Cr | 1.34% |
| Hindustan Copper Ltd | Equity | ₹0.41 Cr | 1.32% |
| Net Receivables / (Payables) | Cash | ₹0.07 Cr | 0.23% |
| Treps | Cash - Repurchase Agreement | ₹0.01 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
77.65%
Mid Cap Stocks
19.04%
Small Cap Stocks
3.06%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Basic Materials | ₹27.5 Cr | 89.00% |
| Energy | ₹3.32 Cr | 10.75% |
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 October 2024
Akshay Udeshi
Since October 2024
Additional Scheme Detailsas of 31st December 2024
ISIN INF769K01LY7 | Expense Ratio 0.27% | Exit Load - | Fund Size ₹31 Cr | Age 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Metal 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% | ₹212.14 Cr | 6.1% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.8% | 0.0% | ₹212.14 Cr | 5.7% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹534.00 Cr | 13.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹534.00 Cr | 11.9% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3101.23 Cr | 20.1% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3101.23 Cr | 18.7% |
| 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% | - | ₹414.11 Cr | 5.4% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹98.49 Cr | 12.0% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mirae Asset Nifty Metal ETF?
What is the portfolio composition of Mirae Asset Nifty Metal ETF?
Who manages the Mirae Asset Nifty Metal ETF?
- Ekta Gala
- Akshay Udeshi
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