Loading...

Fund Overview

Fund Size

Fund Size

₹173 Cr

Expense Ratio

Expense Ratio

0.46%

ISIN

ISIN

INF769K01LU5

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

29 Jul 2024

About this fund

This fund has been in existence for 4 months, having been launched on 29-Jul-24.
As of 28-Nov-24, it has a Net Asset Value (NAV) of ₹9.21, Assets Under Management (AUM) of 173.06 Crores, and an expense ratio of 0.46%.
  • Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Direct Growth has given a CAGR return of -9.62% since inception.
  • The fund's asset allocation comprises around 100.20% in equities, 0.00% in debts, and -0.20% in cash & cash equivalents.
  • You can start investing in Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

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

-9.62%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity173.41 Cr100.20%
Others-0.35 Cr-0.20%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Mirae Asset Nifty 200 Alpha 30 ETFMutual Fund - ETF173.4 Cr100.19%
Net Receivables / (Payables)Cash-0.96 Cr0.55%
TrepsCash - Repurchase Agreement0.62 Cr0.36%

Allocation By Market Cap (Equity)

Large Cap Stocks

59.20%

Mid Cap Stocks

40.98%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Mutual Fund - ETF173.4 Cr100.19%
Cash-0.96 Cr0.55%
Cash - Repurchase Agreement0.62 Cr0.36%

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

VS

Vishal Singh

Since July 2024

Additional Scheme Detailsas of 31st October 2024

ISIN
INF769K01LU5
Expense Ratio
0.46%
Exit Load
No Charges
Fund Size
₹173 Cr
Age
4 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 200 Alpha 30 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 Fund of Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
Quantum Nifty 50 ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹23.33 Cr21.3%
Quantum Nifty 50 ETF Fund of Fund Regular Growth

Very High Risk

0.2%0.0%₹23.33 Cr21.1%
Aditya Birla Sun Life Multi- Index Fund of Funds Direct Growth

High Risk

0.6%0.0%₹17.52 Cr28.4%
Aditya Birla Sun Life Multi- Index Fund of Funds Regular Growth

High Risk

0.9%0.0%₹17.52 Cr27.9%
Axis Equity ETFs FoF Regular Growth

Very High Risk

0.7%1.0%₹23.85 Cr24.7%
Axis Equity ETFs FoF Direct Growth

Very High Risk

0.1%1.0%₹23.85 Cr24.9%
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Regular Growth

Very High Risk

0.5%0.0%₹1342.21 Cr23.0%
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹1342.21 Cr23.3%
Quantum Multi Asset Fund of Funds Direct Growth

High Risk

0.1%1.0%₹60.11 Cr16.8%
ICICI Prudential Asset Allocator Fund (FOF) Regular Growth

High Risk

1.8%1.0%₹23211.76 Cr18.6%

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 Nifty200 Alpha 30 ETF Fund of Fund Direct Growth, as of 28-Nov-2024, is ₹9.21.
The fund's allocation of assets is distributed as 100.20% in equities, 0.00% in bonds, and -0.20% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Direct Growth are:-
  1. Ekta Gala
  2. Vishal Singh