Dezerv

Fund Overview

Fund Size

Fund Size

₹13 Cr

Expense Ratio

Expense Ratio

0.39%

ISIN

ISIN

INF769K01KG6

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

09 Jun 2023

About this fund

Mirae Asset Silver ETF is a Sector - Precious Metals mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 10 months and 14 days, having been launched on 09-Jun-23.
As of 22-Apr-24, it has a Net Asset Value (NAV) of ₹81.29, Assets Under Management (AUM) of 13.30 Crores, and an expense ratio of 0.39%.
  • Mirae Asset Silver ETF has given a CAGR return of 9.85% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 3.75% 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

+9.85%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Others13.3 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
SilverCommodity12.8 Cr96.25%
Net Receivables / (Payables)Cash0.38 Cr2.88%
TrepsCash - Repurchase Agreement0.12 Cr0.88%

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Commodity12.8 Cr96.25%
Cash0.38 Cr2.88%
Cash - Repurchase Agreement0.12 Cr0.88%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

11.30%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.74

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.46

Higher the better

Fund Managers

RP

Ritesh Patel

Since June 2023

AU

Akshay Udeshi

Since August 2023

Additional Scheme Detailsas of 31st March 2024

ISININF769K01KG6Expense Ratio0.39%Exit Load-Fund Size₹13 CrAge09 Jun 2023Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkDomestic Price of Physical Silver

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 (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

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 Sector - Precious Metals Funds

Fund nameExpense RatioExit LoadFund size
1Y
Aditya Birla Sun Life Gold Fund Regular Growth

High Risk

1.1%1.0%₹316.01 Cr21.4%
HDFC Gold Fund Regular Growth

High Risk

0.5%1.0%₹1810.91 Cr19.9%
SBI Gold Regular Growth

High Risk

0.4%1.0%₹1603.76 Cr19.8%
Motilal Oswal Gold and Silver ETFs Fund of Funds Regular Growth

Very High Risk

0.5%0.0%₹50.01 Cr15.9%
Motilal Oswal Gold and Silver ETFs Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹50.01 Cr16.3%
SBI Gold ETF

High Risk

0.7%-₹4228.54 Cr19.3%
UTI Gold ETF Fund of Fund Direct Growth

High Risk

0.1%1.0%₹88.98 Cr20.6%
UTI Gold ETF Fund of Fund Regular Growth

High Risk

0.6%1.0%₹88.98 Cr20.0%
Invesco India Gold ETF

High Risk

0.6%-₹105.02 Cr19.9%
Quantum Gold Savings Direct Growth

High Risk

0.1%0.0%₹102.16 Cr20.2%

About the AMC

Total AUM

₹1,67,826 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

Very High Risk

0.4%1.0%₹1325.63 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3182.73 Cr41.3%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹6871.66 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹33618.78 Cr40.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹37884.61 Cr26.9%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹493.94 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹119.20 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8425.01 Cr24.3%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹155.85 Cr6.7%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1441.40 Cr99.5%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8400.93 Cr27.1%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹678.48 Cr36.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.71 Cr31.4%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹506.21 Cr49.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹794.35 Cr7.0%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1488.82 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹1699.82 Cr35.3%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1593.76 Cr28.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2488.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹72.78 Cr53.5%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹21475.97 Cr38.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.06 Cr7.3%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹50.71 Cr6.8%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹69.33 Cr-12.3%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹930.11 Cr18.9%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹60.35 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹346.82 Cr33.6%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

0.7%1.0%₹95.84 Cr-6.7%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹985.19 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹335.66 Cr7.1%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹225.61 Cr6.9%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹103.03 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2235.15 Cr48.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.5%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr50.0%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr24.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Silver ETF, as of 22-Apr-2024, is ₹81.29.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 3.75% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Silver ETF are:-
  1. Ritesh Patel
  2. Akshay Udeshi