MIRAE ASSET
NIFTY Next 50 ETF - (NSE Symbol : MANXT50ETF, BSE Code: 542922)
(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^ |
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 10,000 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 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 July 31, 2023 | 119.31 |
| Net AUM (₹ Cr.) | 122.07 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.13% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 | 0.15% |
| **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. |
|
| ₹ 457.8078 (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 |
| Personal Products | |
| Godrej Consumer Products Limited | 3.12% |
| Dabur India Limited | 2.68% |
| Colgate Palmolive (India) Limited | 2.14% |
| Procter & Gamble Hygiene and Health Care Limited | 0.51% |
| Finance | |
| Cholamandalam Investment and Finance Company Ltd | 3.56% |
| SBI Cards and Payment Services Limited | 2.00% |
| Muthoot Finance Limited | 1.17% |
| Bajaj Holdings & Investment Limited | 1.13% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 3.73% |
| Hindustan Aeronautics Limited | 2.95% |
| Retailing | |
| Info Edge (India) Limited | 2.83% |
| Avenue Supermarts Limited | 1.85% |
| Zomato Limited | 1.24% |
| FSN E-Commerce Ventures Limited | 0.68% |
| Cement & Cement Products | |
| Ambuja Cements Limited | 2.71% |
| Shree Cement Limited | 2.56% |
| ACC Limited | 1.30% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Limited | 3.18% |
| SRF Limited | 2.51% |
| Insurance | |
| ICICI Lombard General Insurance Company Limited | 2.82% |
| ICICI Prudential Life Insurance Company Limited | 1.79% |
| Life Insurance Corporation Of India | 0.42% |
| Power | |
| Tata Power Company Limited | 2.71% |
| Adani Green Energy Limited | 1.31% |
| Adani Transmission Limited | 0.85% |
| Banks | |
| Bank of Baroda | 3.00% |
| Canara Bank | 1.84% |
| Electrical Equipment | |
| Siemens Limited | 2.82% |
| ABB India Limited | 1.92% |
| Consumer Durables | |
| Havells India Limited | 2.66% |
| Berger Paints (I) Limited | 1.27% |
| Beverages | |
| United Spirits Limited | 2.35% |
| Varun Beverages Limited | 1.30% |
| Gas | |
| GAIL (India) Limited | 2.56% |
| Adani Total Gas Limited | 0.63% |
| Auto Components | |
| Samvardhana Motherson International Limited | 1.86% |
| Bosch Limited | 1.29% |
| Petroleum Products | |
| Indian Oil Corporation Limited | 2.74% |
| Diversified Metals | |
| Vedanta Limited | 2.62% |
| Realty | |
| DLF Limited | 2.56% |
| Transport Services | |
| InterGlobe Aviation Limited | 2.55% |
| Agricultural Food & other Products | |
| Marico Limited | 2.31% |
| Adani Wilmar Limited | 0.22% |
| Fertilizers & Agrochemicals | |
| PI Industries Limited | 2.32% |
| Ferrous Metals | |
| Jindal Steel & Power Limited | 1.96% |
| Textiles & Apparels | |
| Page Industries Limited | 1.81% |
| Capital Markets | |
| HDFC Asset Management Company Limited | 1.59% |
| Leisure Services | |
| Indian Railway Catering And Tourism Corporation Limited | 1.55% |
| Pharmaceuticals & Biotechnology | |
| Torrent Pharmaceuticals Limited | 1.46% |
| Telecom - Services | |
| Indus Towers Limited | 0.89% |
| Equity Holding Total | 99.84% |
| Cash & Other Receivables | 0.16% |
| Total | 100.00% |
| Returns (in%) | ||||||
| 1 Yr | 3 Yrs | SI | ||||
| MANXT50ETF | 10.88% |
19.29% |
13.69% |
|||
| Scheme Benchmark* | 11.33% |
20.01% |
14.35% |
|||
| Additional Benchmark** | 16.93% |
22.38% |
15.71% |
|||
| NAV as on 31st July, 2023 | ₹ 457.8078 | |||||
| Index Value (31st July, 2023) | Index Value of benchmark is 63,918.90 and of additional benchmark is 1,01,480.37 |
|||||
| Allotment Date | 24th January, 2020 | |||||
| Scheme Benchmark | *Nifty Next 50 Index (TRI) | |||||
| Additional Benchmark | **S&P BSE Sensex (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 ₹291.538. 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 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.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MANXT50ETF
BSE Code: 542922
Bloomberg Code: MANXT50ETF IN Equity
Reuters Code: MIRA.NS