Key stats
About MIRAEAMC - ALPHAETF
Home page
Inception date
Oct 23, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
Mirae Asset Investment Managers (India) Pvt Ltd.
ISIN
INF769K01KU7
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 200 Alpha 30 Total Return Index, subject to tracking err.
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
Stocks99.95%
Finance28.12%
Health Technology9.87%
Electronic Technology8.28%
Transportation7.73%
Technology Services7.71%
Producer Manufacturing7.29%
Process Industries7.05%
Non-Energy Minerals6.53%
Consumer Services5.47%
Retail Trade4.20%
Communications4.05%
Consumer Durables3.66%
Bonds, Cash & Other0.05%
Cash0.05%
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
ALPHAETF invests in stocks. The fund's major sectors are Finance, with 28.12% stocks, and Health Technology, with 9.87% of the basket. The assets are mostly located in the Asia region.
ALPHAETF top holdings are BSE Ltd. and Dixon Technologies (India) Ltd., occupying 6.53% and 5.77% of the portfolio correspondingly.
No, ALPHAETF doesn't pay dividends to its holders.
ALPHAETF shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Mirae Asset. The ETF was launched on Oct 23, 2023, and its management style is Passive.
ALPHAETF expense ratio is 0.38% meaning you'd have to pay 0.38% of your investment to help manage the fund.
ALPHAETF follows the Nifty 200 Alpha 30 Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ALPHAETF invests in stocks.
ALPHAETF price has risen by 4.18% over the last month, and its yearly performance shows a −6.81% decrease. See more dynamics on ALPHAETF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 19.71% increase in three-month performance and has decreased by −5.45% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 19.71% increase in three-month performance and has decreased by −5.45% in a year.
ALPHAETF trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.