MIRAE ASSET
NIFTY 50 ETF - (NSE Symbol : MAN50ETF, BSE Code: 542131)
(Exchange Traded Fund (ETF) - An open ended scheme replicating/tracking Nifty 50 Index)
| Type of Scheme | Exchange Traded Fund (ETF) - An open ended scheme replicating/tracking Nifty 50 Index |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
<Ms. Ekta Gala (since December 28, 2020) |
| Allotment Date | 20th November, 2018 |
| Benchmark Index | Nifty 50 Index (TRI) |
| Minimum Investment Amount |
Other Investors(Including Authorized Participants/ Large Investors): Application for subscription of the Units in Creation unit size can be made either:In exchange of Cash*[as determined by the AMC equivalent to the cost incurred towards the purchase of predefined basket of securities that represent the underlying index (i.e. Portfolio Deposit)], Cash component and other applicable transaction charges; or in exchange of Portfolio Deposit [i.e. by depositing basket of securities constituting Nifty 50 Index] along with the cash component and applicable transaction charges." There is no minimum investment, although units can be purchased/subscribed in round lots of 1 on the BSE/NSE (Stock Exchanges) on all the trading days. |
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 MAN 50 ETF 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 | 778.06 |
| Net AUM (₹ Cr.) | 776.58 |
| 1 Year Tracking Error is ~ | 2.94 bps |
| ~stating tracking error is for 1 year | |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on September 30, 2022 | 0.05% |
| **For experience of Fund Managers Click Here | |
| ₹ 178.266 (Per Unit) |
Creation Unit size = 50,000 units
1 Unit approximately equal to 1/100th of the value of Nifty 50 Index
East India Securities Limited
Kanjalochana Finserve Private Limited
Live iNav is updated on Mirae Asset Website
NSE Symbol : MAN50ETF
BSE Code: 542131
Bloomberg Code: MAN50ETF IN Equity
Reuters Code: MIRA.NS
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 8.26% |
| ICICI Bank Ltd | 7.94% |
| Kotak Mahindra Bank Ltd | 3.53% |
| State Bank of India | 2.69% |
| Axis Bank Ltd | 2.56% |
| IndusInd Bank Ltd | 1.02% |
| Yes Bank Limited | 0.00% |
| IT - Software | |
| Infosys Ltd | 6.84% |
| Tata Consultancy Services Ltd | 4.07% |
| HCL Technologies Limited | 1.30% |
| Tech Mahindra Limited | 0.84% |
| Wipro Ltd | 0.77% |
| Petroleum Products | |
| Reliance Industries Ltd | 10.84% |
| Bharat Petroleum Corporation Limited | 0.38% |
| Finance | |
| Housing Development Finance Corporation Ltd | 5.48% |
| Bajaj Finance Limited | 2.58% |
| Bajaj Finserv Limited | 1.34% |
| Diversified FMCG | |
| ITC Ltd | 3.86% |
| Hindustan Unilever Ltd | 3.18% |
| Automobiles | |
| Mahindra & Mahindra Limited | 1.60% |
| Maruti Suzuki India Ltd | 1.55% |
| Tata Motors Limited | 0.96% |
| Eicher Motors Ltd | 0.68% |
| Bajaj Auto Limited | 0.60% |
| Hero MotoCorp Limited | 0.44% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.35% |
| Cipla Limited | 0.80% |
| Dr. Reddy's Laboratories Ltd | 0.70% |
| Divi's Laboratories Ltd | 0.62% |
| Consumer Durables | |
| Asian Paints Ltd | 1.99% |
| Titan Company Ltd | 1.44% |
| Construction | |
| Larsen & Toubro Ltd | 2.95% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.59% |
| Power | |
| NTPC Ltd | 1.00% |
| Power Grid Corporation of India Ltd | 0.96% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.06% |
| JSW Steel Limited | 0.79% |
| Cement & Cement Products | |
| UltraTech Cement Limited | 0.95% |
| Grasim Industries Ltd | 0.83% |
| Food Products | |
| Nestle India Limited | 0.90% |
| Britannia Industries Ltd | 0.60% |
| Insurance | |
| SBI Life Insurance Company Limited | 0.74% |
| HDFC Life Insurance Company Ltd | 0.66% |
| Metals & Minerals Trading | |
| Adani Enterprises Limited | 1.25% |
| Transport Infrastructure | |
| Adani Ports and Special Economic Zone Limited | 0.78% |
| Non - Ferrous Metals | |
| Hindalco Industries Limited | 0.75% |
| Oil | |
| Oil & Natural Gas Corporation Limited | 0.65% |
| Agricultural Food & other Products | |
| Tata Consumer Products Limited | 0.64% |
| Healthcare Services | |
| Apollo Hospitals Enterprise Limited | 0.59% |
| Consumable Fuels | |
| Coal India Ltd | 0.59% |
| Fertilizers & Agrochemicals | |
| UPL Limited | 0.47% |
| Equity Holding Total | 99.98% |
| Cash & Other Receivables | 0.02% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MAN50ETF | -1.69% |
15.39% |
14.44% |
|
| Scheme Benchmark* | -1.64% |
15.57% |
14.41% |
|
| NAV as on 30th September, 2022 | ₹ 178.266 | |||
| Index Value (30th September, 2022) | Index Value of benchmark is 24,821.08 |
|||
| Allotment Date | 20th November, 2018 | |||
| Scheme Benchmark | *Nifty 50 Index (TRI) | |||
Fund manager : Ms. Ekta Gala managing the scheme since December 28, 2020.
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*
• Returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term
• Investment in equity securities covered by the NIFTY 50
*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 ₹ 106.56. 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