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Unrated

Mirae Asset ESG Sector Leaders ETF


Suitability:

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

This is a Thematic ESG fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes Thematic ESG funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

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 otherThematic ESG 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 24.07 -1.13 -0.41 5.68 11.24 19.49 -- -- -- -- --
S&P BSE 100 TRI 26.46 -1.19 0.12 6.05 11.11 19.30 -- -- -- -- --
Equity: Thematic-ESG 28.39 -1.10 -0.30 6.10 12.57 22.19 -- -- -- -- --
Rank within category 6 6 5 6 6 7 -- -- -- -- --
Number of funds in category 9 10 10 10 10 9 3 1 1 1 1

As on 20-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset ESG Sector Leaders ETF  | Invest Online
Unrated
Nov-20 -- -- -- 0.44 170
SBI Magnum Equity ESG Fund  | Invest Online
Unrated
Jan-91 52.54 17.74 14.19 2.02 4,251
Axis ESG Equity Fund - Regular Plan
Unrated
Feb-20 55.79 -- -- 2.05 2,133
ICICI Prudential ESG Fund  | Invest Now
Unrated
Oct-20 -- -- -- 2.11 1,920
Kotak ESG Opportunities Fund - Regular Plan  | Invest Online
Unrated
Dec-20 -- -- -- 2.04 1,817

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.96 29-Jan-2021 - 05-Feb-2021 -5.72 22-Jan-2021 - 29-Jan-2021
Month 9.59 21-Dec-2020 - 20-Jan-2021 -4.63 16-Feb-2021 - 18-Mar-2021
Quarter 15.35 19-Nov-2020 - 18-Feb-2021 -2.24 12-Feb-2021 - 14-May-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 16.13 22.19 0.54 0.64 -- --
Equity: Thematic-ESG* 16.99 21.85 0.59 0.65 0.97 1.18
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-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 64.65
Top 5 Stocks (%) 46.10
Top 3 Sectors (%) 58.77
Portfolio P/B Ratio 4.62
Portfolio P/E Ratio 32.01

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,75,584 2,04,434
Giant (%) 78.52 56.01
Large (%) 19.22 21.78
Mid (%) 2.26 19.72
Small (%) -- 5.84
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 Infosys Technology 34.94 10.59 9.81 10.00
up Reliance Industries Energy 33.61 10.12 8.71 9.90
up HDFC Bank Financial 26.30 11.08 9.48 9.63
up HDFC Financial 24.59 10.27 8.87 9.32
up Tata Consultancy Services Technology 41.08 8.28 6.61 7.25
up Kotak Mahindra Bank Financial 39.91 7.34 4.75 4.75
up Hindustan Unilever FMCG 80.24 5.28 4.20 4.49
up Larsen & Toubro Construction 19.22 4.23 3.60 3.73
up Bharti Airtel Communication 351.28 3.37 2.50 2.90
up Asian Paints Chemicals 89.96 2.72 0.00 2.67
up Tata Steel Metals 7.25 2.26 1.13 2.09
up Wipro Technology 31.17 1.80 1.37 1.75
up Ultratech Cement Construction 34.73 1.85 1.46 1.67
up Tech Mahindra Technology 28.85 1.66 1.37 1.66
up Sun Pharmaceutical Industries Healthcare 30.24 1.68 0.00 1.58
up Titan Company Consumer Durable 143.66 1.62 1.42 1.48
up Mahindra & Mahindra Automobile 39.25 1.87 1.40 1.40
up Nestle India FMCG 88.57 1.67 1.27 1.28
up JSW Steel Metals 10.67 1.66 0.00 1.23
up Divi's Laboratories Healthcare 66.18 1.26 1.04 1.22
up Power Grid Corporation Energy 7.95 1.35 1.11 1.11
up Avenue Supermarts Services 244.70 1.09 0.90 1.09
up Dr. Reddy's Lab Healthcare 45.75 1.33 0.00 1.06
up Bajaj Auto Automobile 19.39 1.32 0.90 0.90
up Cipla Healthcare 29.80 1.10 0.89 0.89

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-Aug-2021

Fund Manager

— Ekta Gala since 28-Dec-2020

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:


-1.13%

Change from previous, NAV as on 20-Sep-2021

Growth: ₹ 29.8100


Investment Strategy

The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty100 ESG Sector Leaders 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: 17-Nov-2020
Return Since Launch: 33.65%
Benchmark: Nifty 100 ESG Sector Leaders TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 170 Cr (As on 31-Aug-2021)
Expense: 0.44% (As on 31-Aug-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

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM