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Unrated

Mirae Asset Nifty Next 50 ETF


1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.39 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 30.61 -3.02 -3.08 -0.51 6.07 14.02 40.63 -- -- -- --
S&P BSE 100 TRI 24.64 -2.99 -4.08 -5.88 3.38 12.64 34.54 -- -- -- --
Equity: Large Cap 24.37 -2.85 -3.93 -5.20 3.34 12.42 34.12 -- -- -- --
Rank within category 11 117 14 7 10 14 12 -- -- -- --
Number of funds in category 117 132 132 130 127 122 116 96 81 64 56

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Nifty Next 50 ETF  | Invest Online
Unrated
Jan-20 40.63 -- -- 0.14% 82
Axis Bluechip Fund
5 star
Jan-10 28.45 20.34 19.60 1.64% 33,967
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 37.03 17.25 15.84 1.73% 31,082
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 33.53 17.65 17.23 1.59% 30,804
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 37.26 19.21 16.49 1.86% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.81 24-Mar-2020 - 31-Mar-2020 -16.53 16-Mar-2020 - 23-Mar-2020
Month 25.83 23-Mar-2020 - 22-Apr-2020 -35.23 20-Feb-2020 - 23-Mar-2020
Quarter 39.82 24-Mar-2020 - 23-Jun-2020 -20.88 06-Feb-2020 - 07-May-2020
Year 86.39 23-Mar-2020 - 23-Mar-2021 10.68 30-Jan-2020 - 29-Jan-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 21.06 21.35 0.81 0.94 -- --
Equity: Large Cap* 19.45 21.48 0.77 0.89 0.95 -0.78
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 32.60
Top 5 Stocks (%) 17.92
Top 3 Sectors (%) 42.21
Portfolio P/B Ratio 4.05
Portfolio P/E Ratio 31.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,194 2,96,890
Giant (%) 13.13 66.84
Large (%) 65.43 25.43
Mid (%) 21.44 10.09
Small (%) -- 1.89
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Avenue Supermarts Services 222.46 5.31 3.08 4.17
up Info Edge (India) Services 8.88 4.03 0.00 3.83
up Apollo Hospitals Healthcare 78.32 4.20 0.00 3.50
up Vedanta Metals 7.08 4.22 0.00 3.23
up Adani Enterprises Services 180.97 3.81 0.00 3.19
up ICICI Lombard General Insurance Company Insurance 56.59 4.15 2.86 3.08
up Godrej Consumer Products FMCG 52.13 3.61 2.57 2.95
up Adani Transmission Energy 167.28 2.93 0.00 2.93
up Pidilite Industries Chemicals 84.46 3.54 2.69 2.88
up Adani Green Energy Engineering 457.40 5.28 0.00 2.83
up Dabur India FMCG 58.75 4.23 2.79 2.79
up Piramal Enterprises Healthcare 50.56 2.66 1.76 2.58
up Havells India Engineering 69.76 2.94 1.87 2.58
up L&T Infotech Technology 55.26 2.48 0.00 2.48
up Ambuja Cements Construction 22.95 2.68 1.92 2.43
up Marico FMCG 58.90 2.74 2.08 2.40
up Jubilant FoodWorks Services 115.13 2.57 0.00 2.30
up United Spirits FMCG 76.43 2.78 1.52 2.30
up GAIL Energy 6.32 2.64 0.00 2.21
up DLF Construction 56.57 2.09 1.18 2.01
up Cholamandalam Investment & Finance Company Financial 28.03 1.98 0.00 1.98
up PI Industries Chemicals 56.07 2.07 0.00 1.97
up ICICI Prudential Life Insurance Co. Ltd. Insurance 135.23 2.53 1.72 1.96
up Lupin Healthcare -- 3.27 1.81 1.81
up Indus Towers Communication 14.12 2.54 0.00 1.79

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Ekta Gala since 28-Jan-2021

Education: Ms. Gala is a B.Com & Inter CA (IPCC)

Experience: Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.

Funds Managed:


-3.02%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 422.1390


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 24-Jan-2020
Return Since Launch: 22.86%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 82 Cr (As on 31-Oct-2021)
Expense: 0.14% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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