Key stats
About MIRAE ASSET MUTUAL FUND
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Inception date
Nov 20, 2018
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Mirae Asset Investment Managers (India) Pvt Ltd.
ISIN
INF769K01EG9
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Index, subject to tracking err. The Scheme does not guarantee or assure any returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Energy Minerals
Stocks99.98%
Finance37.74%
Technology Services11.11%
Energy Minerals10.30%
Consumer Durables8.26%
Consumer Non-Durables6.96%
Non-Energy Minerals4.95%
Communications4.54%
Industrial Services3.56%
Health Technology3.24%
Utilities2.79%
Transportation2.28%
Retail Trade1.04%
Electronic Technology1.02%
Process Industries1.00%
Health Services0.64%
Distribution Services0.54%
Bonds, Cash & Other0.02%
Cash0.02%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NIFTYETF invests in stocks. The fund's major sectors are Finance, with 37.74% stocks, and Technology Services, with 11.11% of the basket. The assets are mostly located in the Asia region.
NIFTYETF top holdings are HDFC Bank Limited and ICICI Bank Limited, occupying 13.30% and 9.15% of the portfolio correspondingly.
No, NIFTYETF doesn't pay dividends to its holders.
NIFTYETF shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Mirae Asset. The ETF was launched on Nov 20, 2018, and its management style is Passive.
NIFTYETF expense ratio is 0.05% meaning you'd have to pay 0.05% of your investment to help manage the fund.
NIFTYETF follows the Nifty 50 Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NIFTYETF invests in stocks.
NIFTYETF price has risen by 2.69% over the last month, and its yearly performance shows a 10.67% increase. See more dynamics on NIFTYETF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.92% over the last month, showed a 8.37% increase in three-month performance and has increased by 11.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.92% over the last month, showed a 8.37% increase in three-month performance and has increased by 11.59% in a year.
NIFTYETF trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.