MIRAE ASSET
NIFTY Next 50 ETF - (MANXT50ETF)
(Exchange Traded Fund (ETF) - An open ended scheme replicating/tracking Nifty Next 50 Total Return Index)
| Type of Scheme | An open ended scheme replicating/tracking Nifty Next 50 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 Next 50 Total Return 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 | 24th January, 2020 |
| Benchmark Index | Nifty Next 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 Next 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 MANXT50ETF 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 January 31, 2022 | 91.09 |
| Net AUM (₹ Cr.) | 98.54 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on January 31, 2022 | 0.14% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| ₹ 411.213 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
| Portfolio Holdings | % Allocation | |
| Consumer Non Durables | ||
| Godrej Consumer Products Limited | 2.78% | |
| Dabur India Ltd | 2.59% | |
| United Spirits Limited | 2.13% | |
| Marico Limited | 2.06% | |
| Colgate Palmolive (India) Limited | 1.57% | |
| Berger Paints (I) Limited | 1.45% | |
| Procter & Gamble Hygiene and Health Care Limited | 0.87% | |
| Finance | ||
| Piramal Enterprises Limited | 2.64% | |
| Cholamandalam Investment and Finance Company Limited | 2.05% | |
| SBI Cards and Payment Services Limited | 1.92% | |
| Bajaj Holdings & Investment Limited | 1.61% | |
| Muthoot Finance Limited | 1.31% | |
| Pharmaceuticals | ||
| Lupin Limited | 1.81% | |
| Aurobindo Pharma Ltd | 1.47% | |
| Biocon Ltd | 1.42% | |
| Gland Pharma Limited | 1.09% | |
| Torrent Pharmaceuticals Ltd | 1.08% | |
| Cadila Healthcare Limited | 0.86% | |
| Power | ||
| Adani Green Energy Limited | 4.22% | |
| Adani Transmission Limited | 3.38% | |
| Retailing | ||
| Avenue Supermarts Limited | 3.83% | |
| Info Edge (India) Ltd | 3.13% | |
| Banks | ||
| Bandhan Bank Limited | 1.76% | |
| Bank of Baroda | 1.65% | |
| Yes Bank Limited | 1.06% | |
| Punjab National Bank | 1.02% | |
| Minerals/Mining | ||
| Adani Enterprises Limited | 3.90% | |
| NMDC Limited | 1.31% | |
| Insurance | ||
| ICICI Lombard General Insurance Company Limited | 2.89% | |
| ICICI Prudential Life Insurance Company Limited | 1.80% | |
| Cement & Cement Products | ||
| Ambuja Cements Limited | 2.22% | |
| ACC Limited | 1.60% | |
| Healthcare Services | ||
| Apollo Hospitals Enterprise Limited | 3.71% | |
| Non - Ferrous Metals | ||
| Vedanta Limited | 3.46% | |
| Gas | ||
| GAIL (India) Limited | 2.17% | |
| Indraprastha Gas Limited | 1.14% | |
| Chemicals | ||
| Pidilite Industries Limited | 3.09% | |
| Ferrous Metals | ||
| Jindal Steel & Power Limited | 1.30% | |
| Steel Authority of India Limited | 1.18% | |
| Consumer Durables | ||
| Havells India Ltd | 2.45% | |
| Software | ||
| Larsen & Toubro Infotech Limited | 2.36% | |
| Leisure Services | ||
| Jubilant Foodworks Limited | 2.14% | |
| Construction | ||
| DLF Limited | 2.00% | |
| Industrial Capital Goods | ||
| Siemens Limited | 1.71% | |
| Telecom - Services | ||
| Indus Towers Limited | 1.69% | |
| Petroleum Products | ||
| Hindustan Petroleum Corporation Ltd | 1.66% | |
| Pesticides | ||
| PI Industries Limited | 1.62% | |
| Transportation | ||
| InterGlobe Aviation Limited | 1.48% | |
| Capital Markets | ||
| HDFC Asset Management Company Limited | 1.20% | |
| Auto Ancillaries | ||
| Bosch Limited | 1.17% | |
| Equity Holding Total | 99.98% | |
| Cash & Other Receivables | 0.02% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MANXT50ETF | 30.10 |
19.05 |
||
| Scheme Benchmark* | 30.27 |
19.52 |
||
| NAV as on 31st January, 2022 | 411.213 | |||
| Index Value (31st January, 2022) | Index Value of benchmark is 57,187.39 |
|||
| Allotment Date | 24th January, 2020 | |||
| Scheme Benchmark | *Nifty Next 50 Index (TRI) | |||
Note: Fund manager : Ms. Ekta Gala managing the scheme since December 28, 2020
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of the NIFTY Next 50, subject to tracking errors over long term
• Investment in equity securities covered by the NIFTY Next 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 ₹289.43. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 