MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF - (NSE Symbol : MAMFGETF, BSE Code: 543454)
(An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF)
| Type of Scheme | 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^ |
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 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 July 31, 2023 | 84.69 |
| Net AUM (₹ Cr.) | 85.06 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.04% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 | 0.47% |
| **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. |
|
| ₹ 97.8187 (Per Unit) |
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
| Portfolio Holdings | % Allocation |
| Automobiles | |
| Mahindra & Mahindra Limited | 4.91% |
| Maruti Suzuki India Limited | 4.83% |
| Tata Motors Limited | 4.82% |
| Bajaj Auto Limited | 2.37% |
| Eicher Motors Limited | 1.96% |
| Hero MotoCorp Limited | 1.77% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Limited | 5.25% |
| Dr. Reddy's Laboratories Limited | 2.91% |
| Cipla Limited | 2.62% |
| Divi's Laboratories Limited | 1.99% |
| Lupin Limited | 1.01% |
| Torrent Pharmaceuticals Limited | 0.78% |
| Laurus Labs Limited | 0.59% |
| Industrial Products | |
| APL Apollo Tubes Limited | 1.38% |
| Cummins India Limited | 1.35% |
| Bharat Forge Limited | 1.20% |
| Astral Limited | 1.17% |
| Supreme Industries Limited | 1.16% |
| Polycab India Limited | 1.13% |
| AIA Engineering Limited | 0.69% |
| SKF India Limited | 0.63% |
| Grindwell Norton Limited | 0.54% |
| Graphite India Limited | 0.15% |
| Petroleum Products | |
| Reliance Industries Limited | 4.75% |
| Bharat Petroleum Corporation Limited | 1.53% |
| Indian Oil Corporation Limited | 1.46% |
| Ferrous Metals | |
| Tata Steel Limited | 4.22% |
| JSW Steel Limited | 3.19% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Limited | 1.69% |
| SRF Limited | 1.34% |
| Tata Chemicals Limited | 0.70% |
| Navin Fluorine International Limited | 0.63% |
| Deepak Nitrite Limited | 0.58% |
| Atul Limited | 0.46% |
| Gujarat Fluorochemicals Limited | 0.46% |
| Linde India Limited | 0.45% |
| Solar Industries India Limited | 0.39% |
| Auto Components | |
| Tube Investments of India Limited | 1.37% |
| Samvardhana Motherson International Limited | 0.99% |
| Sona BLW Precision Forgings Limited | 0.95% |
| MRF Limited | 0.88% |
| Balkrishna Industries Limited | 0.86% |
| Bosch Limited | 0.69% |
| Schaeffler India Limited | 0.54% |
| Motherson Sumi Wiring India Limited | 0.42% |
| Consumer Durables | |
| Havells India Limited | 1.42% |
| Crompton Greaves Consumer Electricals Limited | 0.80% |
| Voltas Limited | 0.76% |
| Dixon Technologies (India) Limited | 0.65% |
| Kajaria Ceramics Limited | 0.51% |
| Bata India Limited | 0.47% |
| Relaxo Footwears Limited | 0.29% |
| Electrical Equipment | |
| Siemens Limited | 1.79% |
| CG Power and Industrial Solutions Limited | 1.30% |
| ABB India Limited | 1.22% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 2.36% |
| Hindustan Aeronautics Limited | 1.87% |
| Non - Ferrous Metals | |
| Hindalco Industries Limited | 2.87% |
| Hindustan Zinc Limited | 0.35% |
| Hindustan Copper Limited | 0.20% |
| Fertilizers & Agrochemicals | |
| UPL Limited | 1.33% |
| PI Industries Limited | 1.23% |
| Coromandel International Limited | 0.51% |
| Chambal Fertilizers & Chemicals Limited | 0.19% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Limited | 1.34% |
| Escorts Kubota Limited | 0.51% |
| Diversified Metals | |
| Vedanta Limited | 1.39% |
| Textiles & Apparels | |
| Page Industries Limited | 0.96% |
| K.P.R. Mill Limited | 0.23% |
| Trident Limited | 0.16% |
| Industrial Manufacturing | |
| Honeywell Automation India Limited | 0.48% |
| Mazagon Dock Shipbuilders Limited | 0.29% |
| Finance | |
| Reliance Strategic Investments Limited | 0.50% |
| Equity Holding Total | 99.74% |
| Cash & Other Receivables Total | 0.26% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMFOF | 21.04% |
16.53% |
||
| Scheme Benchmark* | 21.61% |
17.09% |
||
| Additional Benchmark** | 16.93% |
12.05% |
||
| NAV as on 31st July, 2023 | ₹ 97.8187 | |||
| Index Value (31st July, 2023) | Index Value of benchmark is 12,422.68 and S&P BSE Sensex (TRI) is 1,01,480.37 |
|||
| 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