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Fund Overview

Fund Size

Fund Size

₹201 Cr

Expense Ratio

Expense Ratio

0.10%

ISIN

ISIN

INF769K01FN2

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

24 Jan 2020

About this fund

Mirae Asset Nifty Next 50 ETF is a Large-Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 4 years, 4 months and 19 days, having been launched on 24-Jan-20.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹706.30, Assets Under Management (AUM) of 200.95 Crores, and an expense ratio of 0.1%.
  • Mirae Asset Nifty Next 50 ETF has given a CAGR return of 22.63% since inception.
  • The fund's asset allocation comprises around 100.01% in equities, 0.00% in debts, and -0.01% 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

+63.91%

+34.01% (Cat Avg.)

3 Years

+21.78%

+16.42% (Cat Avg.)

Since Inception

+22.63%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity200.97 Cr100.01%
Others-0.02 Cr-0.01%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Bharat Electronics LtdEquity11.19 Cr5.24%
Trent LtdEquity10.6 Cr4.97%
Hindustan Aeronautics Ltd Ordinary SharesEquity9.83 Cr4.61%
Tata Power Co LtdEquity7.81 Cr3.66%
Power Finance Corp LtdEquity7.55 Cr3.54%
REC LtdEquity7.02 Cr3.29%
Siemens LtdEquity6.55 Cr3.07%
Vedanta LtdEquity6.36 Cr2.98%
InterGlobe Aviation LtdEquity6.31 Cr2.96%
Indian Oil Corp LtdEquity6.29 Cr2.95%
GAIL (India) LtdEquity5.81 Cr2.72%
DLF LtdEquity5.54 Cr2.60%
Cholamandalam Investment and Finance Co LtdEquity5.39 Cr2.53%
TVS Motor Co LtdEquity5.35 Cr2.51%
Bank of BarodaEquity5.2 Cr2.44%
Godrej Consumer Products LtdEquity5.07 Cr2.38%
Havells India LtdEquity5.05 Cr2.37%
Pidilite Industries LtdEquity4.78 Cr2.24%
Info Edge (India) LtdEquity4.67 Cr2.19%
ABB India LtdEquity4.65 Cr2.18%
ICICI Lombard General Insurance Co LtdEquity4.27 Cr2.00%
Canara BankEquity4.18 Cr1.96%
Punjab National BankEquity4.06 Cr1.90%
Jindal Steel & Power LtdEquity3.98 Cr1.87%
Ambuja Cements LtdEquity3.96 Cr1.85%
Samvardhana Motherson International LtdEquity3.79 Cr1.77%
Colgate-Palmolive (India) LtdEquity3.74 Cr1.75%
United Spirits LtdEquity3.56 Cr1.67%
Shree Cement LtdEquity3.48 Cr1.63%
Jio Financial Services LtdEquity3.47 Cr1.63%
SRF LtdEquity3.39 Cr1.59%
Dabur India LtdEquity3.36 Cr1.58%
Indian Railway Catering And Tourism Corp LtdEquity3.27 Cr1.53%
Marico LtdEquity3.25 Cr1.53%
Zomato LtdEquity3.24 Cr1.52%
Bosch LtdEquity2.74 Cr1.29%
Zydus Lifesciences LtdEquity2.67 Cr1.25%
Torrent Pharmaceuticals LtdEquity2.6 Cr1.22%
ICICI Prudential Life Insurance Company LimitedEquity2.24 Cr1.05%
Adani Power LtdEquity2.17 Cr1.02%
Adani Green Energy LtdEquity2.16 Cr1.01%
SBI Cards and Payment Services Ltd Ordinary SharesEquity2.15 Cr1.01%
Varun Beverages LtdEquity2.13 Cr1.00%
Avenue Supermarts LtdEquity2 Cr0.94%
Berger Paints India LtdEquity1.36 Cr0.64%
Bajaj Holdings and Investment LtdEquity1.07 Cr0.50%
Adani Energy Solutions LtdEquity1.05 Cr0.49%
Indian Railway Finance Corp Ltd Ordinary SharesEquity1.01 Cr0.47%
Adani Total Gas LtdEquity0.89 Cr0.42%
Life Insurance Corporation of IndiaEquity0.8 Cr0.37%
Net Receivables / (Payables)Cash0.23 Cr0.11%
TrepsCash - Repurchase Agreement0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

89.89%

Mid Cap Stocks

10.12%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services48.42 Cr22.70%
Industrials46.84 Cr21.96%
Basic Materials27.3 Cr12.80%
Consumer Cyclical25.73 Cr12.06%
Consumer Defensive23.12 Cr10.84%
Utilities19.89 Cr9.33%
Energy6.29 Cr2.95%
Real Estate5.54 Cr2.60%
Healthcare5.27 Cr2.47%
Communication Services4.67 Cr2.19%

Risk & Performance Ratios

Standard Deviation

This fund

16.76%

Cat. avg.

12.93%

Lower the better

Sharpe Ratio

This fund

0.96

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 30th April 2024

ISININF769K01FN2Expense Ratio0.10%Exit Load-Fund Size₹201 CrAge24 Jan 2020Lumpsum Minimum-Fund StatusOpen Ended Investment CompanyBenchmarkNifty Next 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.

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Invesco India largecap Fund Regular Growth

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UTI S&P BSE Sensex Next 50 Exchange Traded Fund

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Aditya BSL Nifty Next 50 ETF

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Aditya Birla Sun Life Nifty 50 ETF

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DSP Nifty 50 Equal Weight ETF

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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
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The NAV of Mirae Asset Nifty Next 50 ETF, as of 11-Jun-2024, is ₹706.30.
The fund has generated 63.91% over the last 1 year and 21.78% 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 100.01% in equities, 0.00% in bonds, and -0.01% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Nifty Next 50 ETF are:-
  1. Ekta Gala
  2. Vishal Singh