MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF - (NSE Symbol : MAKEINDIA, BSE Code: 543454)
(An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF Index)
| Type of Scheme | An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF Index |
| 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 Market Makers / 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 December 31, 2023 | 99.04 |
| Net AUM (₹ Cr.) | 102.58 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.04% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on December 31, 2023 | 0.47% |
| **For experience of Fund Managers Click Here | |
| ^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:- 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. |
|
| ₹ 111.5655 (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 | 5.10% |
| Tata Motors Ltd | 4.83% |
| Maruti Suzuki India Ltd | 4.79% |
| Bajaj Auto Ltd | 2.71% |
| Eicher Motors Ltd | 2.00% |
| Hero MotoCorp Ltd | 1.89% |
| TVS Motor Company Ltd | 1.66% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 4.79% |
| Dr. Reddy's Laboratories Ltd | 2.48% |
| Cipla Ltd | 2.30% |
| Divi's Laboratories Ltd | 1.75% |
| Lupin Ltd | 1.12% |
| Aurobindo Pharma Ltd | 1.07% |
| Torrent Pharmaceuticals Ltd | 0.74% |
| Zydus Lifesciences Ltd | 0.61% |
| Industrial Products | |
| Bharat Forge Ltd | 1.28% |
| Supreme Industries Ltd | 1.18% |
| APL Apollo Tubes Ltd | 1.10% |
| Cummins India Ltd | 1.07% |
| Polycab India Ltd | 1.03% |
| Astral Ltd | 0.91% |
| KEI Industries Ltd | 0.73% |
| AIA Engineering Ltd | 0.59% |
| Carborundum Universal Ltd | 0.49% |
| SKF India Ltd | 0.43% |
| Timken India Ltd | 0.40% |
| Petroleum Products | |
| Reliance Industries Ltd | 4.91% |
| Indian Oil Corporation Ltd | 1.68% |
| Bharat Petroleum Corporation Ltd | 1.51% |
| Ferrous Metals | |
| Tata Steel Ltd | 3.99% |
| JSW Steel Ltd | 2.95% |
| Jindal Steel & Power Ltd | 0.97% |
| Auto Components | |
| Tube Investments of India Ltd | 1.30% |
| Sona BLW Precision Forgings Ltd | 0.93% |
| MRF Ltd | 0.93% |
| Samvardhana Motherson International Ltd | 0.85% |
| Balkrishna Industries Ltd | 0.72% |
| Bosch Ltd | 0.67% |
| Exide Industries Ltd | 0.50% |
| Sundram Fasteners Ltd | 0.47% |
| Schaeffler India Ltd | 0.46% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Ltd | 1.46% |
| SRF Ltd | 1.27% |
| Deepak Nitrite Ltd | 0.60% |
| Tata Chemicals Ltd | 0.60% |
| Solar Industries India Ltd | 0.58% |
| Gujarat Fluorochemicals Ltd | 0.51% |
| Navin Fluorine International Ltd | 0.47% |
| Linde India Ltd | 0.42% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 2.65% |
| Hindustan Aeronautics Ltd | 2.11% |
| Consumer Durables | |
| Havells India Ltd | 1.21% |
| Dixon Technologies (India) Ltd | 0.86% |
| Voltas Ltd | 0.79% |
| Crompton Greaves Consumer Electricals Ltd | 0.70% |
| Kajaria Ceramics Ltd | 0.38% |
| Bata India Ltd | 0.37% |
| Relaxo Footwears Ltd | 0.23% |
| Non - Ferrous Metals | |
| Hindalco Industries Ltd | 3.16% |
| Hindustan Copper Ltd | 0.32% |
| Hindustan Zinc Ltd | 0.28% |
| Electrical Equipment | |
| Siemens Ltd | 1.44% |
| CG Power and Industrial Solutions Ltd | 1.17% |
| ABB India Ltd | 1.00% |
| Fertilizers & Agrochemicals | |
| UPL Ltd | 1.04% |
| PI Industries Ltd | 0.99% |
| Coromandel International Ltd | 0.52% |
| Chambal Fertilizers & Chemicals Ltd | 0.21% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Ltd | 1.05% |
| Escorts Kubota Ltd | 0.40% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.83% |
| K.P.R. Mill Ltd | 0.26% |
| Trident Ltd | 0.16% |
| Diversified Metals | |
| Vedanta Ltd | 1.22% |
| Industrial Manufacturing | |
| Honeywell Automation India Ltd | 0.33% |
| Mazagon Dock Shipbuilders Ltd | 0.28% |
| Telecom - Equipment & Accessories | |
| Tejas Networks Ltd | 0.22% |
| Equity Holding Total | 99.98% |
| Cash & Other Receivables Total | 0.02% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| Mirae Asset Nifty India
Manufacturing ETF |
34.18% |
20.68% |
||
| Scheme Benchmark* | 34.87% |
21.27% |
||
| Additional Benchmark** | 20.33% |
14.34% |
||
| NAV as on 29th December, 2023 | ₹ 111.5655 | |||
| Index Value (29th December, 2023) | Index Value of benchmark is 14,200.48 and S&P BSE Sensex (TRI) is 1,10,664.15 |
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| 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.
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 ₹ 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