Dezerv

Fund Overview

Fund Size

Fund Size

₹2,388 Cr

Expense Ratio

Expense Ratio

0.05%

ISIN

ISIN

INF769K01EG9

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

20 Nov 2018

About this fund

Mirae Asset Nifty 50 ETF (MAN50ETF) is a Large-Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 5 years, 6 months and 23 days, having been launched on 20-Nov-18.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹246.87, Assets Under Management (AUM) of 2388.15 Crores, and an expense ratio of 0.05%.
  • Mirae Asset Nifty 50 ETF (MAN50ETF) has given a CAGR return of 16.46% since inception.
  • The fund's asset allocation comprises around 99.67% in equities, 0.00% in debts, and 0.33% in cash & cash equivalents.

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.

1 Year

+26.75%

+34.01% (Cat Avg.)

3 Years

+15.06%

+16.42% (Cat Avg.)

5 Years

+15.52%

+16.24% (Cat Avg.)

Since Inception

+16.46%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity2,380.23 Cr99.67%
Others7.92 Cr0.33%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity276.15 Cr11.56%
Reliance Industries LtdEquity232.02 Cr9.72%
ICICI Bank LtdEquity188.72 Cr7.90%
Infosys LtdEquity120.4 Cr5.04%
Larsen & Toubro LtdEquity104 Cr4.35%
ITC LtdEquity90.6 Cr3.79%
Tata Consultancy Services LtdEquity89.16 Cr3.73%
Bharti Airtel LtdEquity85.61 Cr3.58%
Axis Bank LtdEquity79.1 Cr3.31%
State Bank of IndiaEquity76.4 Cr3.20%
Kotak Mahindra Bank LtdEquity59.26 Cr2.48%
Mahindra & Mahindra LtdEquity57.53 Cr2.41%
Hindustan Unilever LtdEquity49.86 Cr2.09%
Bajaj Finance LtdEquity44.73 Cr1.87%
NTPC LtdEquity40.89 Cr1.71%
Maruti Suzuki India LtdEquity39.25 Cr1.64%
Tata Motors LtdEquity38.98 Cr1.63%
Sun Pharmaceuticals Industries LtdEquity37.79 Cr1.58%
Power Grid Corp Of India LtdEquity33.87 Cr1.42%
HCL Technologies LtdEquity33.6 Cr1.41%
Tata Steel LtdEquity33.03 Cr1.38%
Titan Co LtdEquity32.43 Cr1.36%
Asian Paints LtdEquity31.14 Cr1.30%
UltraTech Cement LtdEquity27.45 Cr1.15%
Coal India LtdEquity26.85 Cr1.12%
Adani Ports & Special Economic Zone LtdEquity25.31 Cr1.06%
Oil & Natural Gas Corp LtdEquity24.72 Cr1.03%
Bajaj Auto LtdEquity24.67 Cr1.03%
Hindalco Industries LtdEquity24.14 Cr1.01%
IndusInd Bank LtdEquity23.19 Cr0.97%
Adani Enterprises LtdEquity21.44 Cr0.90%
Grasim Industries LtdEquity20.48 Cr0.86%
Nestle India LtdEquity20.14 Cr0.84%
JSW Steel LtdEquity20.13 Cr0.84%
Bajaj Finserv LtdEquity19.88 Cr0.83%
Tech Mahindra LtdEquity18.7 Cr0.78%
Cipla LtdEquity18.21 Cr0.76%
Dr Reddy's Laboratories LtdEquity16.91 Cr0.71%
Tata Consumer Products LtdEquity15.99 Cr0.67%
Hero MotoCorp LtdEquity15.95 Cr0.67%
Shriram Finance LtdEquity15.69 Cr0.66%
Eicher Motors LtdEquity15.54 Cr0.65%
SBI Life Insurance Company LimitedEquity14.98 Cr0.63%
Wipro LtdEquity14.82 Cr0.62%
Britannia Industries LtdEquity14.66 Cr0.61%
Bharat Petroleum Corp LtdEquity14.37 Cr0.60%
Apollo Hospitals Enterprise LtdEquity14.09 Cr0.59%
HDFC Life Insurance Company LimitedEquity13.89 Cr0.58%
Divi's Laboratories LtdEquity13.16 Cr0.55%
LTIMindtree LtdEquity10.35 Cr0.43%
Net Receivables / (Payables)Cash7.92 Cr0.33%
TrepsCash - Repurchase Agreement0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

99.41%

Mid Cap Stocks

0.59%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services811.99 Cr34.00%
Energy319.4 Cr13.37%
Technology287.03 Cr12.02%
Consumer Cyclical224.35 Cr9.39%
Consumer Defensive191.24 Cr8.01%
Basic Materials156.37 Cr6.55%
Industrials129.31 Cr5.41%
Healthcare100.16 Cr4.19%
Communication Services85.61 Cr3.58%
Utilities74.77 Cr3.13%

Risk & Performance Ratios

Standard Deviation

This fund

12.47%

Cat. avg.

12.93%

Lower the better

Sharpe Ratio

This fund

0.70

Cat. avg.

0.76

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.39

Higher the better

Fund Managers

Ekta Gala

Ekta Gala

Since December 2020

VS

Vishal Singh

Since August 2023

Additional Scheme Detailsas of 31st May 2024

ISININF769K01EG9Expense Ratio0.05%Exit Load-Fund Size₹2,388 CrAge20 Nov 2018Lumpsum Minimum-Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Large-Cap Funds

Fund nameExpense RatioExit LoadFund size
1Y
DSP Nifty 50 ETF

Very High Risk

0.1%-₹314.48 Cr26.8%
Quant Large Cap Fund Regular Growth

Very High Risk

2.1%1.0%₹997.49 Cr51.5%
Quant Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹997.49 Cr54.0%
Invesco India largecap Fund Regular Growth

Very High Risk

2.1%0.0%₹1052.67 Cr35.9%
UTI S&P BSE Sensex Next 50 Exchange Traded Fund

Very High Risk

0.2%-₹17.66 Cr53.7%
Aditya BSL Nifty Next 50 ETF

Very High Risk

0.2%-₹72.72 Cr64.2%
Aditya Birla Sun Life Nifty 50 ETF

Very High Risk

0.1%-₹2257.38 Cr26.8%
DSP Nifty 50 Equal Weight ETF

Very High Risk

0.3%-₹183.79 Cr37.6%
Edelweiss Large Cap Fund Regular Growth

Very High Risk

2.2%1.0%₹895.81 Cr32.5%
Kotak Nifty 50 ETF

Very High Risk

0.0%-₹2278.80 Cr26.7%

About the AMC

Total AUM

₹1,71,472 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3409.20 Cr38.6%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr41.4%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹37631.07 Cr26.0%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹144.98 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹7920.31 Cr19.2%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹152.53 Cr6.8%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1541.06 Cr57.3%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr26.8%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹722.32 Cr36.5%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹105.57 Cr30.0%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹541.56 Cr41.7%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹798.39 Cr7.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1622.55 Cr7.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr34.9%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1671.29 Cr26.0%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹87.16 Cr61.1%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr37.4%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr7.0%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹47.08 Cr6.7%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹75.88 Cr3.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1088.38 Cr18.2%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr29.5%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr-5.6%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹882.62 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.9%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2201.96 Cr51.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2074.44 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15353.87 Cr51.4%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mirae Asset Nifty 50 ETF (MAN50ETF), as of 11-Jun-2024, is ₹246.87.
The fund has generated 26.75% over the last 1 year and 15.06% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.67% in equities, 0.00% in bonds, and 0.33% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Nifty 50 ETF (MAN50ETF) are:-
  1. Ekta Gala
  2. Vishal Singh