MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF - (NSE Symbol : MAMFGETF, BSE Code: 543454)
(Exchange Traded Fund - An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF)
| Type of Scheme | Exchange Traded Fund - An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Ms. Ekta Gala (since January 27, 2022) |
| Allotment Date | 27th January 2022 |
| Benchmark Index | Nifty India Manufacturing Index (TRI) |
| Minimum Investment Amount |
On exchange: In multiples of 1 units; Directly with AMC ( in multiples of 100,000 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 MAMFGETF 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 March 31, 2023 | 76.81 |
| Net AUM (₹ Cr.) | 76.98 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.04% |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on March 31, 2023 | 0.35% |
| **For experience of Fund Managers Click Here | |
| ₹ 80.2227 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
| Portfolio Holdings | % Allocation |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 4.90% |
| Dr. Reddy's Laboratories Ltd | 3.28% |
| Cipla Ltd | 2.75% |
| Divi's Laboratories Ltd | 2.10% |
| Lupin Ltd | 0.91% |
| Torrent Pharmaceuticals Ltd | 0.82% |
| Laurus Labs Ltd | 0.67% |
| Automobiles | |
| Maruti Suzuki India Ltd | 4.20% |
| Mahindra & Mahindra Ltd | 3.95% |
| Tata Motors Ltd | 2.82% |
| Bajaj Auto Ltd | 1.68% |
| Eicher Motors Ltd | 1.54% |
| Hero MotoCorp Ltd | 1.16% |
| Industrial Products | |
| Cummins India Ltd | 1.49% |
| APL Apollo Tubes Ltd | 1.39% |
| Bharat Forge Ltd | 1.33% |
| Supreme Industries Ltd | 1.09% |
| Astral Ltd | 1.06% |
| Polycab India Ltd | 0.87% |
| AIA Engineering Ltd | 0.77% |
| SKF India Ltd | 0.66% |
| Grindwell Norton Ltd | 0.59% |
| Graphite India Ltd | 0.12% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Ltd | 2.09% |
| SRF Ltd | 2.04% |
| Tata Chemicals Ltd | 0.88% |
| Navin Fluorine International Ltd | 0.85% |
| Deepak Nitrite Ltd | 0.79% |
| Gujarat Fluorochemicals Ltd | 0.70% |
| Atul Ltd | 0.65% |
| Solar Industries India Ltd | 0.54% |
| Linde India Ltd | 0.50% |
| Ferrous Metals | |
| Tata Steel Ltd | 4.91% |
| JSW Steel Ltd | 3.78% |
| Petroleum Products | |
| Reliance Industries Ltd | 5.11% |
| Bharat Petroleum Corporation Ltd | 1.92% |
| Indian Oil Corporation Ltd | 1.67% |
| Consumer Durables | |
| Havells India Ltd | 1.74% |
| Voltas Ltd | 1.09% |
| Crompton Greaves Consumer Electricals Ltd | 1.09% |
| Dixon Technologies (India) Ltd | 0.62% |
| Bata India Ltd | 0.53% |
| Kajaria Ceramics Ltd | 0.51% |
| Relaxo Footwears Ltd | 0.36% |
| Auto Components | |
| Tube Investments of India Ltd | 1.01% |
| MRF Ltd | 0.64% |
| Bosch Ltd | 0.63% |
| Balkrishna Industries Ltd | 0.59% |
| Samvardhana Motherson International Ltd | 0.52% |
| Schaeffler India Ltd | 0.44% |
| Sona BLW Precision Forgings Ltd | 0.42% |
| Motherson Sumi Wiring India Ltd | 0.31% |
| Electrical Equipment | |
| Siemens Ltd | 1.99% |
| CG Power and Industrial Solutions Ltd | 1.29% |
| ABB India Ltd | 1.20% |
| Fertilizers & Agrochemicals | |
| UPL Ltd | 2.17% |
| PI Industries Ltd | 1.42% |
| Coromandel International Ltd | 0.60% |
| Chambal Fertilizers & Chemicals Ltd | 0.24% |
| Non - Ferrous Metals | |
| Hindalco Industries Ltd | 3.45% |
| Hindustan Zinc Ltd | 0.43% |
| Hindustan Copper Ltd | 0.19% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 2.35% |
| Hindustan Aeronautics Ltd | 1.54% |
| Textiles & Apparels | |
| Page Industries Ltd | 1.33% |
| K.P.R. Mill Ltd | 0.29% |
| Trident Ltd | 0.19% |
| Diversified Metals | |
| Vedanta Ltd | 1.78% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Ltd | 1.35% |
| Escorts Kubota Ltd | 0.42% |
| Industrial Manufacturing | |
| Honeywell Automation India Ltd | 0.54% |
| Mazagon Dock Shipbuilders Ltd | 0.13% |
| Equity Holding Total | 99.99% |
| Cash & Other Receivables Total | 0.01% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMFOF | 0.50% |
2.79% |
||
| Scheme Benchmark* | 0.93% |
3.25% |
||
| Additional Benchmark** | 2.03% |
3.81% |
||
| NAV as on 31st March, 2023 | ₹ 80.2227 | |||
| Index Value (31st March, 2023) | Index Value of benchmark is 10,168.96 and S&P BSE Sensex (TRI) is 89,326.31 |
|||
| Allotment Date | 27th January, 2022 | |||
| Scheme Benchmark | *Nifty India Manufacturing Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms.Ekta Gala managing the scheme since January 27, 2022.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future.Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 77.676. 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
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error over long term
• Investment in equity securities coverd by Nifty India Manufacturing Total Return Index
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MAMFGETF
BSE Code: 543454
Bloomberg Code: MAMFGETF IN Equity
Reuters Code: MIRA.NS