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 August 31, 2023 | 5.89 |
| Net AUM (₹ Cr.) | 5.84 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.07% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on August 31, 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. |
|
| ₹ 148.5092 (Per Unit) |
| Portfolio Holdings | % Allocation |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 4.08% |
| Cipla Ltd | 4.07% |
| Dr. Reddy's Laboratories Ltd | 3.81% |
| Torrent Pharmaceuticals Ltd | 2.85% |
| IT - Software | |
| Tata Consultancy Services Ltd | 3.48% |
| Wipro Ltd | 3.38% |
| HCL Technologies Ltd | 3.08% |
| Infosys Ltd | 3.03% |
| Banks | |
| ICICI Bank Ltd | 3.70% |
| HDFC Bank Ltd | 3.36% |
| Kotak Mahindra Bank Ltd | 3.27% |
| Power | |
| NTPC Ltd | 3.82% |
| Power Grid Corporation of India Ltd | 3.01% |
| Diversified FMCG | |
| ITC Ltd | 3.60% |
| Hindustan Unilever Ltd | 3.08% |
| Food Products | |
| Nestle India Ltd | 3.69% |
| Britannia Industries Ltd | 2.95% |
| Personal Products | |
| Colgate Palmolive (India) Ltd | 3.36% |
| Dabur India Ltd | 3.15% |
| Petroleum Products | |
| Indian Oil Corporation Ltd | 3.51% |
| Reliance Industries Ltd | 2.93% |
| Automobiles | |
| Bajaj Auto Ltd | 3.24% |
| Hero MotoCorp Ltd | 3.16% |
| Consumer Durables | |
| Asian Paints Ltd | 3.14% |
| Berger Paints (I) Ltd | 3.06% |
| Construction | |
| Larsen & Toubro Ltd | 3.62% |
| Cement & Cement Products | |
| UltraTech Cement Ltd | 3.13% |
| Agricultural Food & other Products | |
| Marico Ltd | 3.11% |
| Insurance | |
| SBI Life Insurance Company Ltd | 2.93% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Ltd | 2.76% |
| Finance | |
| Jio Financial Services Ltd | 0.28% |
| Equity Holding Total | 99.67% |
| Cash & Other Receivables Total | 0.33% |
| Total | 100.00% |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market 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 :LOWVOL
BSE Code:543858
Bloomberg Code:LOWVOL 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
&With reference to the AD/44/2023- Change in Symbol for certain Exchange Traded Funds (ETFs) of MAMF w.e.f. September 01, 2023.