Mirae Asset Nifty India Manufacturing ETF
EquityEquity - OtherVery High Risk
Direct
NAV (25-Jul-24)
₹147.760.57%1D
Returns (Since Inception)
29.23%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹190 Cr
Expense Ratio
0.45%
ISIN
INF769K01IB1
Minimum SIP
-
Exit Load
-
Inception Date
27 Jan 2022
About this fund
Mirae Asset Nifty India Manufacturing ETF is a Equity - Other mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 2 years, 5 months and 29 days, having been launched on 27-Jan-22.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹147.76, Assets Under Management (AUM) of 190.47 Crores, and an expense ratio of 0.45%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹147.76, Assets Under Management (AUM) of 190.47 Crores, and an expense ratio of 0.45%.
- Mirae Asset Nifty India Manufacturing ETF has given a CAGR return of 29.23% since inception.
- The fund's asset allocation comprises around 99.91% in equities, 0.00% in debts, and 0.09% 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
+53.78%
— (Cat Avg.)
Since Inception
+29.23%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹190.31 Cr | 99.91% |
| Others | ₹0.17 Cr | 0.09% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Reliance Industries Ltd | Equity | ₹10.21 Cr | 5.36% |
| Mahindra & Mahindra Ltd | Equity | ₹9.34 Cr | 4.91% |
| Tata Motors Ltd | Equity | ₹9.28 Cr | 4.87% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹8.74 Cr | 4.59% |
| Maruti Suzuki India Ltd | Equity | ₹8.46 Cr | 4.44% |
| Tata Steel Ltd | Equity | ₹7.63 Cr | 4.01% |
| Bajaj Auto Ltd | Equity | ₹5.65 Cr | 2.96% |
| Hindalco Industries Ltd | Equity | ₹5.39 Cr | 2.83% |
| Bharat Electronics Ltd | Equity | ₹5.39 Cr | 2.83% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹4.85 Cr | 2.54% |
| JSW Steel Ltd | Equity | ₹4.73 Cr | 2.48% |
| Dr Reddy's Laboratories Ltd | Equity | ₹4.15 Cr | 2.18% |
| Cipla Ltd | Equity | ₹4.14 Cr | 2.17% |
| Hero MotoCorp Ltd | Equity | ₹3.86 Cr | 2.03% |
| Vedanta Ltd | Equity | ₹3.41 Cr | 1.79% |
| Eicher Motors Ltd | Equity | ₹3.41 Cr | 1.79% |
| Siemens Ltd | Equity | ₹3.37 Cr | 1.77% |
| Indian Oil Corp Ltd | Equity | ₹3.24 Cr | 1.70% |
| Bharat Petroleum Corp Ltd | Equity | ₹3.16 Cr | 1.66% |
| Divi's Laboratories Ltd | Equity | ₹3.12 Cr | 1.64% |
| TVS Motor Co Ltd | Equity | ₹2.93 Cr | 1.54% |
| Suzlon Energy Ltd | Equity | ₹2.76 Cr | 1.45% |
| Samvardhana Motherson International Ltd | Equity | ₹2.75 Cr | 1.44% |
| Cummins India Ltd | Equity | ₹2.65 Cr | 1.39% |
| Pidilite Industries Ltd | Equity | ₹2.57 Cr | 1.35% |
| Havells India Ltd | Equity | ₹2.43 Cr | 1.28% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹2.41 Cr | 1.27% |
| Dixon Technologies (India) Ltd | Equity | ₹2.4 Cr | 1.26% |
| Bharat Forge Ltd | Equity | ₹2.28 Cr | 1.20% |
| CG Power & Industrial Solutions Ltd | Equity | ₹2.22 Cr | 1.17% |
| ABB India Ltd | Equity | ₹2.21 Cr | 1.16% |
| Lupin Ltd | Equity | ₹2.08 Cr | 1.09% |
| Jindal Steel & Power Ltd | Equity | ₹2.04 Cr | 1.07% |
| Supreme Industries Ltd | Equity | ₹1.9 Cr | 1.00% |
| SRF Ltd | Equity | ₹1.88 Cr | 0.99% |
| Treps | Cash - Repurchase Agreement | ₹1.82 Cr | 0.96% |
| Aurobindo Pharma Ltd | Equity | ₹1.81 Cr | 0.95% |
| Voltas Ltd | Equity | ₹1.79 Cr | 0.94% |
| Ashok Leyland Ltd | Equity | ₹1.71 Cr | 0.90% |
| Net Receivables / (Payables) | Cash | ₹-1.66 Cr | 0.87% |
| PI Industries Ltd | Equity | ₹1.63 Cr | 0.85% |
| Bosch Ltd | Equity | ₹1.55 Cr | 0.81% |
| Polycab India Ltd | Equity | ₹1.54 Cr | 0.81% |
| UPL Ltd | Equity | ₹1.53 Cr | 0.80% |
| Astral Ltd | Equity | ₹1.45 Cr | 0.76% |
| Zydus Lifesciences Ltd | Equity | ₹1.44 Cr | 0.75% |
| Sona BLW Precision Forgings Ltd | Equity | ₹1.4 Cr | 0.74% |
| MRF Ltd | Equity | ₹1.4 Cr | 0.73% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹1.39 Cr | 0.73% |
| Balkrishna Industries Ltd | Equity | ₹1.36 Cr | 0.72% |
| APL Apollo Tubes Ltd | Equity | ₹1.36 Cr | 0.71% |
| Torrent Pharmaceuticals Ltd | Equity | ₹1.36 Cr | 0.71% |
| Exide Industries Ltd | Equity | ₹1.35 Cr | 0.71% |
| Solar Industries India Ltd | Equity | ₹1.3 Cr | 0.68% |
| Page Industries Ltd | Equity | ₹1.28 Cr | 0.67% |
| KEI Industries Ltd | Equity | ₹1.22 Cr | 0.64% |
| Schaeffler India Ltd | Equity | ₹1.03 Cr | 0.54% |
| Coromandel International Ltd | Equity | ₹1 Cr | 0.53% |
| Linde India Ltd | Equity | ₹0.94 Cr | 0.49% |
| Tata Chemicals Ltd | Equity | ₹0.91 Cr | 0.48% |
| Deepak Nitrite Ltd | Equity | ₹0.91 Cr | 0.48% |
| Carborundum Universal Ltd | Equity | ₹0.91 Cr | 0.48% |
| Hindustan Zinc Ltd | Equity | ₹0.9 Cr | 0.47% |
| AIA Engineering Ltd | Equity | ₹0.81 Cr | 0.43% |
| Sundaram Fasteners Ltd | Equity | ₹0.77 Cr | 0.41% |
| SKF India Ltd | Equity | ₹0.74 Cr | 0.39% |
| Escorts Kubota Ltd | Equity | ₹0.68 Cr | 0.35% |
| Navin Fluorine International Ltd | Equity | ₹0.66 Cr | 0.35% |
| Century Textiles & Industries Ltd | Equity | ₹0.65 Cr | 0.34% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹0.64 Cr | 0.33% |
| Grindwell Norton Ltd | Equity | ₹0.62 Cr | 0.33% |
| Kajaria Ceramics Ltd | Equity | ₹0.62 Cr | 0.33% |
| Honeywell Automation India Ltd | Equity | ₹0.62 Cr | 0.32% |
| Tejas Networks Ltd | Equity | ₹0.57 Cr | 0.30% |
| Bata India Ltd | Equity | ₹0.52 Cr | 0.27% |
| Castrol India Ltd | Equity | ₹0.52 Cr | 0.27% |
| K.P.R. Mill Ltd | Equity | ₹0.42 Cr | 0.22% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.90%
Mid Cap Stocks
30.95%
Small Cap Stocks
3.06%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹60.41 Cr | 31.72% |
| Industrials | ₹43.53 Cr | 22.85% |
| Basic Materials | ₹39.44 Cr | 20.71% |
| Healthcare | ₹26.83 Cr | 14.09% |
| Energy | ₹17.12 Cr | 8.99% |
| Technology | ₹2.97 Cr | 1.56% |
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
Since January 2022
VS
Vishal Singh
Since August 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF769K01IB1 | Expense Ratio | 0.45% | Exit Load | - | Fund Size | ₹190 Cr | Age | 27 Jan 2022 | Lumpsum Minimum | - | Fund Status | Open Ended Investment Company | Benchmark | Nifty India Manufacturing TR INR |
Investment 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 Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹201.75 Cr | 32.8% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹201.75 Cr | 32.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹554.29 Cr | 57.3% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹554.29 Cr | 54.8% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3153.37 Cr | 58.2% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3153.37 Cr | 56.2% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹77.57 Cr | 63.5% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹97.06 Cr | 39.5% |
About the AMC
Total AUM
₹1,73,546 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Mirae Asset Nifty India Manufacturing ETF?
The NAV of Mirae Asset Nifty India Manufacturing ETF, as of 25-Jul-2024, is ₹147.76.
What is the portfolio composition of Mirae Asset Nifty India Manufacturing ETF?
The fund's allocation of assets is distributed as 99.91% in equities, 0.00% in bonds, and 0.09% in cash and cash equivalents.
Who manages the Mirae Asset Nifty India Manufacturing ETF?
The fund managers responsible for Mirae Asset Nifty India Manufacturing ETF are:-
- Ekta Gala
- Vishal Singh
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.