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Fund Overview

Fund Size

Fund Size

₹148 Cr

Expense Ratio

Expense Ratio

0.41%

ISIN

ISIN

INF769K01LQ3

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

11 Jul 2024

About this fund

This fund has been in existence for 4 months and 26 days, having been launched on 11-Jul-24.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹31.53, Assets Under Management (AUM) of 148.40 Crores, and an expense ratio of 0.41%.
  • Mirae Asset Nifty EV and New Age Automotive ETF has given a CAGR return of -4.68% since inception.
  • The fund's asset allocation comprises around 99.97% in equities, 0.00% in debts, and 0.03% 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.

Since Inception

-4.68%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity148.35 Cr99.97%
Others0.05 Cr0.03%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Mahindra & Mahindra LtdEquity11.66 Cr7.85%
Maruti Suzuki India LtdEquity11.44 Cr7.71%
Tata Motors LtdEquity11.43 Cr7.70%
Bajaj Auto LtdEquity10.48 Cr7.06%
Bosch LtdEquity6.27 Cr4.23%
Sona BLW Precision Forgings LtdEquity6.2 Cr4.18%
Exide Industries LtdEquity6.2 Cr4.18%
CG Power & Industrial Solutions LtdEquity5.99 Cr4.04%
Tata Elxsi LtdEquity5.92 Cr3.99%
Reliance Industries LtdEquity5.89 Cr3.97%
Samvardhana Motherson International LtdEquity5.81 Cr3.92%
KPIT Technologies LtdEquity5.56 Cr3.75%
Tata Chemicals LtdEquity5.38 Cr3.62%
Gujarat Fluorochemicals Ltd Ordinary SharesEquity5.26 Cr3.54%
UNO Minda LtdEquity5.25 Cr3.54%
Amara Raja Energy & Mobility LtdEquity5.09 Cr3.43%
Schaeffler India LtdEquity4.14 Cr2.79%
Himadri Speciality Chemical LtdEquity4.09 Cr2.75%
L&T Technology Services LtdEquity4.05 Cr2.73%
Tata Technologies LtdEquity3.71 Cr2.50%
Motherson Sumi Wiring India LtdEquity3.18 Cr2.14%
ZF Commercial Vehicle Control Systems India LtdEquity2.63 Cr1.77%
Eicher Motors LtdEquity2.52 Cr1.70%
Hero MotoCorp LtdEquity2.43 Cr1.63%
TVS Motor Co LtdEquity2.2 Cr1.48%
Tube Investments of India Ltd Ordinary SharesEquity1.79 Cr1.20%
Bharat Forge LtdEquity1.35 Cr0.91%
Ashok Leyland LtdEquity1.12 Cr0.75%
Varroc Engineering Ltd Ordinary SharesEquity0.59 Cr0.40%
Jupiter Wagons LtdEquity0.26 Cr0.18%
Olectra Greentech LtdEquity0.25 Cr0.17%
JBM Auto LtdEquity0.12 Cr0.08%
RattanIndia Enterprises LtdEquity0.1 Cr0.07%
Net Receivables / (Payables)Cash0.04 Cr0.03%
TrepsCash - Repurchase Agreement0.01 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

47.25%

Mid Cap Stocks

42.01%

Small Cap Stocks

10.70%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical93.99 Cr63.34%
Technology19.24 Cr12.97%
Basic Materials14.72 Cr9.92%
Industrials14.5 Cr9.77%
Energy5.89 Cr3.97%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Ekta Gala

Ekta Gala

Since July 2024

AU

Akshay Udeshi

Since July 2024

Additional Scheme Detailsas of 31st October 2024

ISIN
INF769K01LQ3
Expense Ratio
0.41%
Exit Load
-
Fund Size
₹148 Cr
Age
4 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty EV &New Age Auto 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
SBI Equity Minimum Variance Fund Direct Growth

Very High Risk

0.4%0.0%₹216.72 Cr16.2%
SBI Equity Minimum Variance Fund Regular Growth

Very High Risk

0.7%0.0%₹216.72 Cr15.9%
Bandhan Transportation and Logistics Fund Direct Growth

Very High Risk

0.9%0.0%₹541.38 Cr32.7%
Bandhan Transportation and Logistics Fund Regular Growth

Very High Risk

2.4%0.0%₹541.38 Cr30.6%
ICICI Prudential Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%1.0%₹2975.33 Cr38.4%
ICICI Prudential Transportation and Logistics Fund Regular Growth

Very High Risk

2.0%1.0%₹2975.33 Cr36.8%
HDFC NIFTY200 Momentum 30 ETF

Very High Risk

0.3%-₹11.35 Cr63.0%
HDFC NIFTY100 Low Volatility 30 ETF

Very High Risk

0.3%-₹5.95 Cr34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF

Very High Risk

0.3%-₹342.57 Cr34.8%
DSP Nifty Midcap 150 Quality 50 ETF

Very High Risk

0.3%-₹97.40 Cr27.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Nifty EV and New Age Automotive ETF, as of 06-Dec-2024, is ₹31.53.
The fund's allocation of assets is distributed as 99.97% in equities, 0.00% in bonds, and 0.03% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Nifty EV and New Age Automotive ETF are:-
  1. Ekta Gala
  2. Akshay Udeshi