MIRAE ASSET
NIFTY 100 LOW VOLATILITY 30 ETF$ (NSE Symbol : MANV30F, BSE Code: 543858)
(An open ended scheme replicating/tracking Nifty 100 Low Volatility 30 Total Return Index)
| Type of Scheme | An open ended scheme replicating/tracking Nifty 100 Low Volatility 30 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 100 Low Volatility 30 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Ms. Ekta Gala (since March 24, 2023) |
| Allotment Date | 24th March 2023 |
| Benchmark Index | Nifty 100 Low Volatility 30 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 unit. With AMC: In multiples of 30,000 units |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: NIL |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on July 31, 2023 | 6.44 |
| Net AUM (₹ Cr.) | 5.97 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.08% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 | 0.28% |
| **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. |
|
| ₹ 151.7076 (Per Unit) |
| Portfolio Holdings | % Allocation |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Limited | 4.09% |
| Dr. Reddy's Laboratories Limited | 3.74% |
| Cipla Limited | 3.71% |
| Torrent Pharmaceuticals Limited | 3.02% |
| IT - Software | |
| Tata Consultancy Services Limited | 3.46% |
| Wipro Limited | 3.27% |
| HCL Technologies Limited | 2.87% |
| Infosys Limited | 2.79% |
| Banks | |
| ICICI Bank Limited | 3.75% |
| HDFC Bank Limited | 3.45% |
| Kotak Mahindra Bank Limited | 3.37% |
| Power | |
| NTPC Limited | 3.69% |
| Power Grid Corporation of India Limited | 3.20% |
| Diversified FMCG | |
| ITC Limited | 3.72% |
| Hindustan Unilever Limited | 3.07% |
| Automobiles | |
| Hero MotoCorp Limited | 3.39% |
| Bajaj Auto Limited | 3.37% |
| Food Products | |
| Nestle India Limited | 3.67% |
| Britannia Industries Limited | 3.09% |
| Petroleum Products | |
| Indian Oil Corporation Limited | 3.61% |
| Reliance Industries Limited | 3.03% |
| Personal Products | |
| Colgate Palmolive (India) Limited | 3.41% |
| Dabur India Limited | 3.20% |
| Consumer Durables | |
| Asian Paints Limited | 3.18% |
| Berger Paints (I) Limited | 2.84% |
| Construction | |
| Larsen & Toubro Limited | 3.50% |
| Cement & Cement Products | |
| UltraTech Cement Limited | 3.05% |
| Agricultural Food & other Products | |
| Marico Limited | 2.99% |
| Insurance | |
| SBI Life Insurance Company Limited | 2.84% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Limited | 2.80% |
| Finance | |
| Reliance Strategic Investments Limited | 0.31% |
| Equity Holding Total | 99.48% |
| Cash & Other Receivables Total | 0.52% |
| Total | 100.00% |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited$
$Pursuant to notice cum addendum no. 32/2023, addition of Parwati Capital Market Private Limited as Market Maker for all existing ETFs as well ETFs which shall be launched by Mirae Asset Mutual Fund Kanjalochana Finserve Private Limited
This product is suitable for investors who are seeking*
• Returns that commensurate with the performance of Nifty 100 Low Volatility 30 Total Return Index, subject to tracking error over long term
• Investment in equity securities covered by Nifty 100 Low Volatility 30 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 :MANLV30ETF
BSE Code:543858
Bloomberg Code:MANLV30ETF IN Equity
Reuters Code: MIRA.NS
$Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months
