MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF - (NSE Symbol : MAKEINDIA&, 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) Mr. Vishal Singh## - (since August 28, 2023) |
| 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 MAKEINDIA 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 August 31, 2023 | 85.51 |
| Net AUM (₹ Cr.) | 87.43 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.03% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on August 31, 2023 | 0.47% |
| **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. |
|
| ₹ 98.2856 (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 |
| Automobiles | |
| Mahindra & Mahindra Ltd | 5.24% |
| Maruti Suzuki India Ltd | 4.91% |
| Tata Motors Ltd | 4.49% |
| Bajaj Auto Ltd | 2.21% |
| Eicher Motors Ltd | 1.94% |
| Hero MotoCorp Ltd | 1.61% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 5.09% |
| Dr. Reddy's Laboratories Ltd | 2.89% |
| Cipla Ltd | 2.80% |
| Divi's Laboratories Ltd | 1.94% |
| Lupin Ltd | 1.12% |
| Torrent Pharmaceuticals Ltd | 0.71% |
| Laurus Labs Ltd | 0.67% |
| Industrial Products | |
| Supreme Industries Ltd | 1.45% |
| APL Apollo Tubes Ltd | 1.45% |
| Bharat Forge Ltd | 1.38% |
| Polycab India Ltd | 1.20% |
| Cummins India Ltd | 1.17% |
| Astral Ltd | 1.16% |
| AIA Engineering Ltd | 0.74% |
| SKF India Ltd | 0.61% |
| Grindwell Norton Ltd | 0.53% |
| Graphite India Ltd | 0.16% |
| Petroleum Products | |
| Reliance Industries Ltd | 4.48% |
| Indian Oil Corporation Ltd | 1.39% |
| Bharat Petroleum Corporation Ltd | 1.38% |
| Ferrous Metals | |
| Tata Steel Ltd | 4.20% |
| JSW Steel Ltd | 3.04% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Ltd | 1.63% |
| SRF Ltd | 1.45% |
| Tata Chemicals Ltd | 0.70% |
| Navin Fluorine International Ltd | 0.68% |
| Deepak Nitrite Ltd | 0.64% |
| Linde India Ltd | 0.57% |
| Gujarat Fluorochemicals Ltd | 0.51% |
| Solar Industries India Ltd | 0.50% |
| Atul Ltd | 0.49% |
| Auto Components | |
| Tube Investments of India Ltd | 1.28% |
| Sona BLW Precision Forgings Ltd | 0.99% |
| Samvardhana Motherson International Ltd | 0.96% |
| MRF Ltd | 0.93% |
| Balkrishna Industries Ltd | 0.78% |
| Bosch Ltd | 0.67% |
| Schaeffler India Ltd | 0.53% |
| Motherson Sumi Wiring India Ltd | 0.44% |
| Consumer Durables | |
| Havells India Ltd | 1.47% |
| Voltas Ltd | 0.84% |
| Crompton Greaves Consumer Electricals Ltd | 0.81% |
| Dixon Technologies (India) Ltd | 0.78% |
| Kajaria Ceramics Ltd | 0.52% |
| Bata India Ltd | 0.46% |
| Relaxo Footwears Ltd | 0.29% |
| Electrical Equipment | |
| Siemens Ltd | 1.76% |
| CG Power and Industrial Solutions Ltd | 1.39% |
| ABB India Ltd | 1.17% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 2.40% |
| Hindustan Aeronautics Ltd | 1.84% |
| Non - Ferrous Metals | |
| Hindalco Industries Ltd | 2.85% |
| Hindustan Zinc Ltd | 0.34% |
| Hindustan Copper Ltd | 0.22% |
| Fertilizers & Agrochemicals | |
| UPL Ltd | 1.26% |
| PI Industries Ltd | 1.24% |
| Coromandel International Ltd | 0.54% |
| Chambal Fertilizers & Chemicals Ltd | 0.18% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Ltd | 1.33% |
| Escorts Kubota Ltd | 0.63% |
| Textiles & Apparels | |
| Page Industries Ltd | 1.02% |
| K.P.R. Mill Ltd | 0.27% |
| Trident Ltd | 0.18% |
| Diversified Metals | |
| Vedanta Ltd | 1.17% |
| Industrial Manufacturing | |
| Honeywell Automation India Ltd | 0.44% |
| Mazagon Dock Shipbuilders Ltd | 0.28% |
| Finance | |
| Jio Financial Services Ltd | 0.43% |
| Equity Holding Total | 99.85% |
| Cash & Other Receivables Total | 0.15% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAKEINDIA | 15.92% |
15.93% |
||
| Scheme Benchmark* | 16.45% |
16.48% |
||
| Additional Benchmark** | 10.31% |
9.73% |
||
| NAV as on 31st August, 2023 | ₹ 98.2856 | |||
| Index Value (31st August, 2023) | Index Value of benchmark is 12,487.10 and S&P BSE Sensex (TRI) is 99,117.59 |
|||
| Allotment Date | 27th January, 2022 | |||
| Scheme Benchmark | *Nifty India Manufacturing Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since January 27, 2022 & (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.
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 : MAKEINDIA
BSE Code: 543454
Bloomberg Code: MAKEINDIA IN Equity
Reuters Code: MIRA.NS