Mirae Asset Nifty Next 50 ETF

Fund Overview

Fund Size

₹251 Cr

Expense Ratio

0.05%

ISIN

INF769K01FN2

Minimum SIP

Exit Load

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, 6 months and 2 days, having been launched on 24-Jan-20.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹732.72, Assets Under Management (AUM) of 251.45 Crores, and an expense ratio of 0.05%.

Mirae Asset Nifty Next 50 ETF has given a CAGR return of 22.97% since inception.
The fund's asset allocation comprises around 99.81% in equities, 0.00% in debts, and 0.19% 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

+63.27%

+33.37% (Cat Avg.)

3 Years

+23.21%

+17.90% (Cat Avg.)

Since Inception

+22.97%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹250.98 Cr	99.81%
Others	₹0.47 Cr	0.19%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Trent Ltd	Equity	₹13.93 Cr	5.54%
Bharat Electronics Ltd	Equity	₹12.64 Cr	5.03%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹11.37 Cr	4.52%
Tata Power Co Ltd	Equity	₹8.61 Cr	3.42%
Power Finance Corp Ltd	Equity	₹8.12 Cr	3.23%
InterGlobe Aviation Ltd	Equity	₹8.09 Cr	3.22%
Siemens Ltd	Equity	₹7.91 Cr	3.15%
REC Ltd	Equity	₹7.5 Cr	2.98%
Vedanta Ltd	Equity	₹7.4 Cr	2.94%
Indian Oil Corp Ltd	Equity	₹7.01 Cr	2.79%
Cholamandalam Investment and Finance Co Ltd	Equity	₹6.9 Cr	2.74%
GAIL (India) Ltd	Equity	₹6.83 Cr	2.71%
TVS Motor Co Ltd	Equity	₹6.35 Cr	2.53%
DLF Ltd	Equity	₹6.12 Cr	2.43%
Info Edge (India) Ltd	Equity	₹6.08 Cr	2.42%
Godrej Consumer Products Ltd	Equity	₹6.01 Cr	2.39%
Samvardhana Motherson International Ltd	Equity	₹5.95 Cr	2.37%
Bank of Baroda	Equity	₹5.91 Cr	2.35%
Pidilite Industries Ltd	Equity	₹5.56 Cr	2.21%
Havells India Ltd	Equity	₹5.27 Cr	2.10%
ABB India Ltd	Equity	₹5.19 Cr	2.06%
ICICI Lombard General Insurance Co Ltd	Equity	₹4.99 Cr	1.98%
Zomato Ltd	Equity	₹4.65 Cr	1.85%
Canara Bank	Equity	₹4.62 Cr	1.84%
Ambuja Cements Ltd	Equity	₹4.57 Cr	1.82%
Jio Financial Services Ltd	Equity	₹4.44 Cr	1.77%
Jindal Steel & Power Ltd	Equity	₹4.42 Cr	1.76%
Colgate-Palmolive (India) Ltd	Equity	₹4.37 Cr	1.74%
Shree Cement Ltd	Equity	₹4.29 Cr	1.71%
United Spirits Ltd	Equity	₹4.28 Cr	1.70%
Punjab National Bank	Equity	₹4.23 Cr	1.68%
SRF Ltd	Equity	₹4.08 Cr	1.62%
Dabur India Ltd	Equity	₹4.05 Cr	1.61%
Marico Ltd	Equity	₹3.66 Cr	1.46%
Indian Railway Catering And Tourism Corp Ltd	Equity	₹3.47 Cr	1.38%
Bosch Ltd	Equity	₹3.36 Cr	1.34%
Zydus Lifesciences Ltd	Equity	₹3.12 Cr	1.24%
Torrent Pharmaceuticals Ltd	Equity	₹2.94 Cr	1.17%
Varun Beverages Ltd	Equity	₹2.94 Cr	1.17%
ICICI Prudential Life Insurance Company Limited	Equity	₹2.72 Cr	1.08%
Avenue Supermarts Ltd	Equity	₹2.65 Cr	1.05%
Adani Power Ltd	Equity	₹2.5 Cr	0.99%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹2.46 Cr	0.98%
Adani Green Energy Ltd	Equity	₹2.45 Cr	0.97%
Berger Paints India Ltd	Equity	₹1.63 Cr	0.65%
Bajaj Holdings and Investment Ltd	Equity	₹1.39 Cr	0.55%
Indian Railway Finance Corp Ltd Ordinary Shares	Equity	₹1.19 Cr	0.47%
Adani Energy Solutions Ltd	Equity	₹1.13 Cr	0.45%
Adani Total Gas Ltd	Equity	₹0.92 Cr	0.37%
Life Insurance Corporation of India	Equity	₹0.7 Cr	0.28%
Net Receivables / (Payables)	Cash	₹0.42 Cr	0.17%
Treps	Cash - Repurchase Agreement	₹0.05 Cr	0.02%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹55.18 Cr	21.95%
Industrials	₹53.94 Cr	21.45%
Consumer Cyclical	₹34.24 Cr	13.62%
Basic Materials	₹31.95 Cr	12.71%
Consumer Defensive	₹27.96 Cr	11.12%
Utilities	₹22.43 Cr	8.92%
Energy	₹7.01 Cr	2.79%
Real Estate	₹6.12 Cr	2.43%
Communication Services	₹6.08 Cr	2.42%
Healthcare	₹6.06 Cr	2.41%

Risk & Performance Ratios

Fund Managers

Ekta Gala

Since December 2020

Vishal Singh

Since August 2023

Additional Scheme Detailsas of 30th June 2024

ISIN

INF769K01FN2

Expense Ratio

0.05%

Exit Load

Fund Size

₹251 Cr

Age

24 Jan 2020

Lumpsum Minimum

Fund Status

Open Ended Investment Company

Benchmark

Nifty Next 50 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 Large-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Nifty 50 ETF Very High Risk	0.1%	-	₹404.82 Cr	25.5%
Quant Large Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1513.75 Cr	45.2%
Quant Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1513.75 Cr	47.5%
Invesco India largecap Fund Regular Growth Very High Risk	2.1%	0.0%	₹1145.78 Cr	36.4%
UTI S&P BSE Sensex Next 50 Exchange Traded Fund Very High Risk	0.2%	-	₹17.66 Cr	54.5%
Aditya BSL Nifty Next 50 ETF Very High Risk	0.2%	-	₹50.43 Cr	63.5%
Aditya Birla Sun Life Nifty 50 ETF Very High Risk	0.1%	-	₹2526.65 Cr	25.4%
DSP Nifty 50 Equal Weight ETF Very High Risk	0.3%	-	₹234.99 Cr	36.3%
Edelweiss Large Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹974.94 Cr	31.3%
Kotak Nifty 50 ETF Very High Risk	0.0%	-	₹2490.87 Cr	25.5%

About the AMC

Mirae Asset India Mutual Fund

022-6780 0300

https://www.miraeassetmf.co.in/

Total AUM

₹1,73,546 Cr

Address

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

Other Funds by Mirae Asset India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹1524.79 Cr	-
Mirae Asset Great Consumer Fund Direct Growth Very High Risk	0.4%	1.0%	₹3751.14 Cr	38.6%
Mirae Asset Cash Management Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10728.82 Cr	7.4%
Mirae Asset Emerging Bluechip Direct Growth Very High Risk	0.6%	1.0%	₹37846.07 Cr	39.3%
Mirae Asset Large Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹39951.46 Cr	26.6%
Mirae Asset Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹616.30 Cr	7.7%
Mirae Asset Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹139.18 Cr	7.6%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹8255.25 Cr	21.0%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹146.35 Cr	7.3%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹1510.97 Cr	53.7%
Mirae Asset Hybrid Equity Fund Direct Growth Very High Risk	0.4%	1.0%	₹8962.66 Cr	26.5%
Mirae Asset Equity Allocator Fund of Fund Direct Growth Very High Risk	0.0%	0.0%	₹837.40 Cr	34.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹110.62 Cr	29.8%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹539.13 Cr	35.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹800.19 Cr	7.7%
Mirae Asset Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1672.07 Cr	7.7%
Mirae Asset Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2072.15 Cr	30.7%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1822.75 Cr	21.3%
Mirae Asset Multicap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3120.86 Cr	-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹103.28 Cr	53.5%
Mirae Asset Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹24345.83 Cr	36.3%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹77.19 Cr	7.5%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹44.56 Cr	7.3%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹72.44 Cr	-6.9%
Mirae Asset Equity Savings Fund Direct Growth Moderately High risk	0.3%	1.0%	₹1126.87 Cr	17.6%
Mirae Asset Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹58.89 Cr	7.3%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth Very High Risk	0.3%	1.0%	₹333.10 Cr	22.2%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Very High Risk	0.2%	1.0%	₹72.13 Cr	-14.3%
Mirae Asset Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹989.80 Cr	6.9%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹336.75 Cr	7.6%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹231.20 Cr	8.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹88.92 Cr	7.4%
Mirae Asset Healthcare Fund Direct Growth Very High Risk	0.5%	1.0%	₹2312.48 Cr	45.8%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2114.07 Cr	8.7%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹16667.30 Cr	46.8%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1655.04 Cr	21.5%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Mirae Asset Nifty Next 50 ETF?

The NAV of Mirae Asset Nifty Next 50 ETF, as of 25-Jul-2024, is ₹732.72.

What are the returns of Mirae Asset Nifty Next 50 ETF?

The fund has generated 63.27% over the last 1 year and 23.21% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Mirae Asset Nifty Next 50 ETF?

The fund's allocation of assets is distributed as 99.81% in equities, 0.00% in bonds, and 0.19% in cash and cash equivalents.

Who manages the Mirae Asset Nifty Next 50 ETF?

The fund managers responsible for Mirae Asset Nifty Next 50 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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