Key stats
About MIRAEAMC - EVINDIA
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Inception date
Jul 10, 2024
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Mirae Asset Investment Managers (India) Pvt Ltd.
ISIN
INF769K01LQ3
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Total Return Index, subject to tracking err. The Scheme does not guarantee or assure any returns.
Classification
What's in the fund
Exposure type
Consumer Durables
Producer Manufacturing
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EVINDIA trades at 29.30 INR today, its price has risen 0.10% in the past 24 hours. Track more dynamics on EVINDIA price chart.
EVINDIA net asset value is 29.42 today — it's risen 9.22% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EVINDIA price has risen by 6.77% over the last month, and its yearly performance shows a −11.77% decrease. See more dynamics on EVINDIA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 9.91% increase in three-month performance and has decreased by −0.95% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 9.91% increase in three-month performance and has decreased by −0.95% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EVINDIA invests in stocks. See more details in our Analysis section.
EVINDIA expense ratio is 1.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EVINDIA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EVINDIA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EVINDIA shows the sell signal. See more of EVINDIA technicals for a more comprehensive analysis.
Today, EVINDIA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EVINDIA shows the sell signal. See more of EVINDIA technicals for a more comprehensive analysis.
No, EVINDIA doesn't pay dividends to its holders.
EVINDIA trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EVINDIA shares are issued by Mirae Asset Global Investments Co., Ltd.
EVINDIA follows the Nifty EV and New Age Automotive Total Return Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 10, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.