Key stats
About MIRAEAMC - MANXT50
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Inception date
Jan 24, 2020
Structure
Open-Ended Fund
Replication method
Physical
Income tax type
Capital Gains
Primary advisor
Mirae Asset Investment Managers (India) Pvt Ltd.
ISIN
INF769K01FN2
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
Utilities
Consumer Non-Durables
Stocks99.87%
Finance24.58%
Utilities11.46%
Consumer Non-Durables11.16%
Producer Manufacturing9.19%
Non-Energy Minerals7.96%
Health Technology6.00%
Transportation5.02%
Energy Minerals4.90%
Technology Services4.37%
Electronic Technology4.04%
Consumer Durables3.75%
Consumer Services2.89%
Retail Trade2.52%
Process Industries2.04%
Bonds, Cash & Other0.13%
Cash0.13%
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
NEXT50 invests in stocks. The fund's major sectors are Finance, with 24.58% stocks, and Utilities, with 11.46% of the basket. The assets are mostly located in the Asia region.
NEXT50 top holdings are InterGlobe Aviation Ltd and Hindustan Aeronautics Limited, occupying 4.47% and 4.04% of the portfolio correspondingly.
No, NEXT50 doesn't pay dividends to its holders.
NEXT50 shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Mirae Asset. The ETF was launched on Jan 24, 2020, and its management style is Passive.
NEXT50 expense ratio is 0.14% meaning you'd have to pay 0.14% of your investment to help manage the fund.
NEXT50 follows the NIFTY Next 50 Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NEXT50 invests in stocks.
NEXT50 price has risen by 2.34% over the last month, and its yearly performance shows a −4.22% decrease. See more dynamics on NEXT50 price chart.
NAV returns, another gauge of an ETF dynamics, showed a 14.62% increase in three-month performance and has decreased by −2.45% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 14.62% increase in three-month performance and has decreased by −2.45% in a year.
NEXT50 trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.