MIRAE ASSET
NIFTY 100 LOW VOLATILITY 30 ETF (NSE Symbol : LOWVOL&, 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) Mr. Vishal Singh## - (since August 28, 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 September 29, 2023 | 5.98 |
| Net AUM (₹ Cr.) | 5.93 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.07% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on September 29, 2023 | 0.28% |
| **For experience of Fund Managers Click Here | |
| ##As per notice cum addendum no. 43/2023 fund manager of the scheme has changed. Please visit the website for more details: https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum | |
| ^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. |
|
| ₹ 150.8562 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
| Portfolio Holdings | % Allocation |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Limited | 4.04% |
| Dr. Reddy's Laboratories Limited | 3.62% |
| Torrent Pharmaceuticals Limited | 3.16% |
| Cipla Limited | 3.14% |
| Banks | |
| ICICI Bank Limited | 3.99% |
| Kotak Mahindra Bank Limited | 3.63% |
| HDFC Bank Limited | 3.51% |
| IT - Software | |
| Tata Consultancy Services Limited | 3.46% |
| Wipro Limited | 3.46% |
| HCL Technologies Limited | 3.07% |
| Food Products | |
| Nestle India Limited | 3.79% |
| Britannia Industries Limited | 3.35% |
| Diversified FMCG | |
| Hindustan Unilever Limited | 3.64% |
| ITC Limited | 3.48% |
| Petroleum Products | |
| Indian Oil Corporation Limited | 3.48% |
| Reliance Industries Limited | 3.34% |
| Automobiles | |
| Bajaj Auto Limited | 3.27% |
| Hero MotoCorp Limited | 3.04% |
| Consumer Durables | |
| Asian Paints Limited | 3.37% |
| Berger Paints (I) Limited | 2.85% |
| Personal Products | |
| Dabur India Limited | 3.24% |
| Colgate Palmolive (India) Limited | 2.92% |
| Power | |
| NTPC Limited | 3.37% |
| Power Grid Corporation of India Limited | 2.76% |
| Construction | |
| Larsen & Toubro Limited | 3.52% |
| Cement & Cement Products | |
| UltraTech Cement Limited | 3.45% |
| Insurance | |
| SBI Life Insurance Company Limited | 3.14% |
| Auto Components | |
| Bosch Limited | 2.98% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Limited | 2.93% |
| Agricultural Food & other Products | |
| Marico Limited | 2.90% |
| Equity Holding Total | 99.90% |
| Cash & Other Receivables Total | 0.10% |
| Total | 100.00% |
| Returns (in%) | ||||
| 6 Months (Annualized) | SI (Annualized) | |||
| LOWVOL | 34.84% |
37.29% |
||
| Scheme Benchmark* | 35.51% |
38.16% |
||
| Additional Benchmark** | 28.11% |
32.46% |
||
| NAV as on 29th September, 2023 | ₹ 150.8562 | |||
| Index Value (29th September, 2023) | Index Value of benchmark is 20,456.83 and Nifty 50 Index (TRI) is 28,807.77 |
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| Allotment Date | 24th March, 2023 | |||
| Scheme Benchmark | *Nifty 100 Low Volatility 30 TRI | |||
| Additional Benchmark | **Nifty 50 Index (TRI) | |||
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since March 24, 2023 & (w.e.f August 28, 2023).
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 56.2378. 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 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 :LOWVOL
BSE Code:543858
Bloomberg Code:LOWVOL IN Equity
Reuters Code: MIRA.NS