Mirae Asset Nifty Next 50 ETF
Category: ETFs
Launch Date: 24-01-2020
AUM:
₹ 760 Cr
Expense Ratio
0.05%
Benchmark
NIFTY Next 50 TRI
ISIN
INF769K01FN2
Minimum Investment
5000.0
Minimum Topup
0.0
Minimum SIP Amount
1000
Fund Manager
Ekta Gala, Vishal Singh
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Nifty Next 50 ETF | -8.79 | 17.39 | 19.91 |
| Nifty Next 50 TRI | -7.52 | 17.15 | 20.58 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
691.9229
Last change
-4.36 (-0.6306%)
Fund Size (AUM)
₹ 760 Cr
Performance
16.75% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Next 50 Total Return Index, subject to tracking error.
Fund Manager
Ekta Gala, Vishal Singh
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| INTERGLOBE AVIATION LIMITED EQ NEW FV RS. 10/- | 5.0 |
| Hindustan Aeronautics Ltd | 3.71 |
| DIVIS LABORATORIES LIMITED EQ NEW RS. 2/- | 3.61 |
| VEDANTA LIMITED EQ NEW RS.1/- | 3.11 |
| Varun Beverages Ltd | 3.02 |
| BRITANNIA INDUSTRIES LIMITED EQ NEW FV RS 1 | 2.93 |
| THE TATA POWER COMPANY LIMITED EQ NEW FV Re.1/- | 2.88 |
| TVS MOTOR COMPANY LIMITED EQ FV RE.1/- | 2.83 |
| THE INDIAN HOTELS COMPANY LIMITED EQ NEW FV RE.1/- | 2.8 |
| BHARAT PETROLEUM CORPORATION LTD. EQ | 2.75 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 20.29 |
| Fast Moving Consumer Goods | 11.17 |
| Power | 8.62 |
| Consumer Services | 8.51 |
| Capital Goods | 7.94 |
| Automobile and Auto Components | 7.51 |
| Oil, Gas & Consumable Fuels | 7.15 |
| Healthcare | 6.34 |
| Services | 5.0 |
| Metals & Mining | 4.65 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Nifty Next 50 ETF | 19.91 |
| Mirae Asset Hang Seng TECH ETF | 0.0 |
| Nippon India ETF Hang Seng BeES | 5.77 |
| Mirae Asset NYSE FANG and ETF | 0.0 |
| LIC MF Gold Exchange Traded Fund | 12.97 |
| ICICI Pru Gold ETF | 12.65 |
| ABSL Gold ETF | 12.62 |
| Axis Gold ETF | 12.71 |
| Mirae Asset Gold ETF | 0.0 |
| Zerodha Gold ETF | 0.0 |