MIRAE ASSET
NIFTY FINANCIAL SERVICES ETF - (NSE Symbol : MAFSETF, BSE Code: 543323)
(Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Nifty Financial Services Total Return Index)
| Type of Scheme | Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Nifty Financial Services Total Return Index |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns |
Fund Manager** |
Ms. Ekta Gala (since July 30, 2021) |
| Allotment Date | 30th July 2021 |
| Benchmark Index | Nifty Financial Services Index (TRI) |
| Minimum Investment Amount |
On exchange ( in multiple of 1 units), Directly with AMC ( in multiple of 3,00,000 units) |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: For Creation Unit Size: No Exit load will be levied on redemptions made by Authorized Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: Not Applicable -The Units of MAFSETF in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days. |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on September 30, 2022 | 252.54 |
| Net AUM (₹ Cr.) | 243.26 |
| 1 Year Tracking Error is ~ | 5.21 bps |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on September 30, 2022 | 0.12% |
| **For experience of Fund Managers Click Here | |
| ₹ 17.629 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Live iNav is updated on Mirae Asset Website
NSE Symbol : MAFSETF
BSE Code: 543323
Bloomberg Code: MAFSETF IN Equity
Reuters Code: MIRA.NS
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 21.60% |
| ICICI Bank Ltd | 20.74% |
| Kotak Mahindra Bank Ltd | 9.23% |
| State Bank of India | 7.03% |
| Axis Bank Ltd | 6.69% |
| Finance | |
| Housing Development Finance Corporation Ltd | 14.33% |
| Bajaj Finance Limited | 6.75% |
| Bajaj Finserv Limited | 3.51% |
| Cholamandalam Investment and Finance Company Ltd | 1.00% |
| SBI Cards and Payment Services Limited | 0.89% |
| Shriram Transport Finance Company Limited | 0.79% |
| Power Finance Corporation Ltd | 0.42% |
| REC Limited | 0.40% |
| Muthoot Finance Limited | 0.39% |
| Insurance | |
| SBI Life Insurance Company Limited | 1.94% |
| HDFC Life Insurance Company Ltd | 1.73% |
| ICICI Lombard General Insurance Company Limited | 1.02% |
| ICICI Prudential Life Insurance Company Limited | 0.71% |
| Capital Markets | |
| HDFC Asset Management Company Limited | 0.43% |
| Indian Energy Exchange Ltd | 0.37% |
| Equity Holding Total | 99.99% |
| Cash & Other Receivables Total | 0.01% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAFSETF | -3.61% |
5.73% |
||
| Scheme Benchmark* | -3.50% |
6.19% |
||
| Additional Benchmark** | -1.64% |
9.05% |
||
| NAV as on 30th September, 2022 | ₹ 17.629 | |||
| Index Value (30th September, 2022) | Index Value of benchmark is 21,563.67 and S&P BSE Sensex (TRI) is 86,644.98 | |||
| Allotment Date | 30th July, 2021 | |||
| Scheme Benchmark | *Nifty Financial Services Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms. Ekta Gala managing the scheme since July 30, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
This product is suitable for investors who are seeking*
• Return that are commensurate with the performance of Nifty Financial Service Total return Index,subject to tracking error over long term
• Investments in equity securities covered by Nifty Financial Services Total Return index
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 16.469. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option