MIRAE ASSET
NIFTY 50 ETF - (NSE Symbol : NIFTYETF&, BSE Code: 542131)
(An open ended scheme replicating/tracking Nifty 50 Index)
| Type of Scheme | 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) Mr. Vishal Singh## - (since August 28, 2023) |
| 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 September 29, 2023 | 1,638.45 |
| Net AUM (₹ Cr.) | 1,630.31 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.04% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on September 29, 2023 | 0.05% |
| **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. |
|
| ₹ 206.8382 (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 |
| Banks | |
| HDFC Bank Limited | 13.30% |
| ICICI Bank Limited | 7.74% |
| Axis Bank Limited | 3.34% |
| Kotak Mahindra Bank Limited | 2.96% |
| State Bank of India | 2.67% |
| IndusInd Bank Limited | 1.08% |
| IT - Software | |
| Infosys Limited | 5.95% |
| Tata Consultancy Services Limited | 4.20% |
| HCL Technologies Limited | 1.52% |
| Tech Mahindra Limited | 0.89% |
| Wipro Limited | 0.66% |
| LTIMindtree Limited | 0.55% |
| Petroleum Products | |
| Reliance Industries Limited | 9.21% |
| Bharat Petroleum Corporation Limited | 0.38% |
| Diversified FMCG | |
| ITC Limited | 4.57% |
| Hindustan Unilever Limited | 2.56% |
| Automobiles | |
| Maruti Suzuki India Limited | 1.64% |
| Mahindra & Mahindra Limited | 1.62% |
| Tata Motors Limited | 1.29% |
| Bajaj Auto Limited | 0.67% |
| Eicher Motors Limited | 0.55% |
| Hero MotoCorp Limited | 0.46% |
| Construction | |
| Larsen & Toubro Limited | 4.24% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Limited | 1.45% |
| Dr. Reddy's Laboratories Limited | 0.79% |
| Cipla Limited | 0.72% |
| Divi's Laboratories Limited | 0.56% |
| Finance | |
| Bajaj Finance Limited | 2.42% |
| Bajaj Finserv Limited | 0.97% |
| Consumer Durables | |
| Asian Paints Limited | 1.65% |
| Titan Company Limited | 1.53% |
| Telecom - Services | |
| Bharti Airtel Limited | 2.71% |
| Power | |
| NTPC Limited | 1.35% |
| Power Grid Corporation of India Limited | 1.06% |
| Ferrous Metals | |
| Tata Steel Limited | 1.21% |
| JSW Steel Limited | 0.84% |
| Cement & Cement Products | |
| UltraTech Cement Limited | 1.11% |
| Grasim Industries Limited | 0.83% |
| Food Products | |
| Nestle India Limited | 0.93% |
| Britannia Industries Limited | 0.62% |
| Insurance | |
| HDFC Life Insurance Company Limited | 0.80% |
| SBI Life Insurance Company Limited | 0.68% |
| Metals & Minerals Trading | |
| Adani Enterprises Limited | 0.93% |
| Oil | |
| Oil & Natural Gas Corporation Limited | 0.87% |
| Non - Ferrous Metals | |
| Hindalco Industries Limited | 0.84% |
| Consumable Fuels | |
| Coal India Limited | 0.78% |
| Transport Infrastructure | |
| Adani Ports and Special Economic Zone Limited | 0.77% |
| Agricultural Food & other Products | |
| Tata Consumer Products Limited | 0.61% |
| Healthcare Services | |
| Apollo Hospitals Enterprise Limited | 0.60% |
| Fertilizers & Agrochemicals | |
| UPL Limited | 0.36% |
| Equity Holding Total | 100.00% |
| Cash & Other Receivables | 0.00% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| NIFTYETF | 16.03% | 21.80% | 14.62% | |
| Scheme Benchmark* | 16.06% | 21.87% | 14.76% | |
| NAV as on 29th September, 2023 | ₹ 206.8382 | |||
| Index Value (29th September, 2023) | Index Value of benchmark is 28,807.77 |
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| Allotment Date | 20th November, 2018 | |||
| Scheme Benchmark | *Nifty 50 Index (TRI) | |||
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since December 28, 2020 & (w.e.f August 28, 2023).
Note: Returns below or for 1 year are absolute returns, returns above 1 year 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 ₹ 106.562. 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 : NIFTYETF
BSE Code: 542131
Bloomberg Code: NIFTYETF IN Equity
Reuters Code: MIRA.NS