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^ |
Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Minimum amount of ₹25 crores for transacting directly with the AMC. Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. On exchange (in multiple of 1 units), Directly with AMC or Authorized Participant (in multiple of 50,000 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 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 May 31, 2023 | 1,337.51 |
| Net AUM (₹ Cr.) | 1,385.51 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.03% |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2023 | 0.05% |
| **For experience of Fund Managers Click Here ^The said threshold limit shall not be applicable to the below mentioned investors and the AMC will allow direct transactions in ETF in Creation Unit size for below mentioned category of investors until October 31, 2023:- 1. Schemes managed by Employee Provident Fund Organisation, India. 2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961. |
|
| ₹ 194.2654 (Per Unit) |
East India Securities Limited
Kanjalochana Finserve Private Limited
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 8.71% |
| ICICI Bank Ltd | 8.13% |
| Kotak Mahindra Bank Ltd | 3.63% |
| Axis Bank Ltd | 3.07% |
| State Bank of India | 2.73% |
| IndusInd Bank Ltd | 1.03% |
| IT - Software | |
| Infosys Ltd | 5.77% |
| Tata Consultancy Services Ltd | 4.13% |
| HCL Technologies Limited | 1.49% |
| Tech Mahindra Limited | 0.85% |
| Wipro Ltd | 0.73% |
| Petroleum Products | |
| Reliance Industries Ltd | 10.25% |
| Bharat Petroleum Corporation Limited | 0.43% |
| Finance | |
| Housing Development Finance Corporation Ltd | 5.87% |
| Bajaj Finance Limited | 2.28% |
| Bajaj Finserv Limited | 0.96% |
| Diversified FMCG | |
| ITC Ltd | 4.82% |
| Hindustan Unilever Ltd | 2.92% |
| Automobiles | |
| Maruti Suzuki India Ltd | 1.53% |
| Mahindra & Mahindra Limited | 1.45% |
| Tata Motors Limited | 1.14% |
| Bajaj Auto Limited | 0.63% |
| Eicher Motors Ltd | 0.62% |
| Hero MotoCorp Limited | 0.44% |
| Construction | |
| Larsen & Toubro Ltd | 3.27% |
| Consumer Durables | |
| Asian Paints Ltd | 1.77% |
| Titan Company Ltd | 1.45% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.29% |
| Dr. Reddy's Laboratories Ltd | 0.67% |
| Cipla Limited | 0.61% |
| Divi's Laboratories Ltd | 0.54% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.56% |
| Power | |
| NTPC Ltd | 1.01% |
| Power Grid Corporation of India Ltd | 0.98% |
| Cement & Cement Products | |
| UltraTech Cement Limited | 1.11% |
| Grasim Industries Ltd | 0.78% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.05% |
| JSW Steel Limited | 0.81% |
| Food Products | |
| Nestle India Limited | 0.95% |
| Britannia Industries Ltd | 0.67% |
| Insurance | |
| HDFC Life Insurance Company Ltd | 0.72% |
| SBI Life Insurance Company Limited | 0.68% |
| Metals & Minerals Trading | |
| Adani Enterprises Limited | 0.84% |
| Oil | |
| Oil & Natural Gas Corporation Limited | 0.74% |
| Non - Ferrous Metals | |
| Hindalco Industries Limited | 0.73% |
| Transport Infrastructure | |
| Adani Ports and Special Economic Zone Limited | 0.69% |
| Consumable Fuels | |
| Coal India Ltd | 0.62% |
| Agricultural Food & other Products | |
| Tata Consumer Products Limited | 0.58% |
| Healthcare Services | |
| Apollo Hospitals Enterprise Limited | 0.57% |
| Fertilizers & Agrochemicals | |
| UPL Limited | 0.44% |
| Equity Holding Total | 99.74% |
| Cash & Other Receivables | 0.26% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MAN50ETF | 12.87% | 25.95% | 14.49% | |
| Scheme Benchmark* | 12.94% | 26.02% | 14.33% | |
| NAV as on 31st May, 2023 | ₹ 194.2654 | |||
| Index Value (31st May, 2023) | Index Value of benchmark is 27,057.44 |
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| 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.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 105.24. 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 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.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MAN50ETF
BSE Code: 542131
Bloomberg Code: MAN50ETF IN Equity
Reuters Code: MIRA.NS