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Mirae Asset Nifty India Manufacturing ETF download report


Suitability:

This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.

We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other thematic 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
Mirae Asset Nifty India Manufacturing ETF-G -- 0.21 2.37 11.05 11.57 7.83 -- -- -- -- --
S&P BSE 500 TRI -- 0.67 2.70 11.86 11.28 5.39 -- -- -- -- --

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Nifty India Manufacturing ETF  | Invest Online
Unrated
Jan-22 -- -- -- 0.40 71
ICICI Prudential Business Cycle Fund  | Invest Now
Unrated
Jan-21 15.27 -- -- 1.90 5,565
ICICI Prudential India Opportunities Fund  | Invest Now
Unrated
Jan-19 22.88 26.27 -- 2.13 5,298
ICICI Prudential Housing Opportunities Fund  | Invest Now
Unrated
Apr-22 -- -- -- 1.93 3,223
Aditya Birla Sun Life Business Cycle Fund - Regular Plan  | Invest Online
Unrated
Dec-21 -- -- -- 2.00 2,352

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.49 26-Jul-2022 - 02-Aug-2022 -7.23 05-May-2022 - 12-May-2022
Month 12.03 01-Jul-2022 - 01-Aug-2022 -10.81 12-Apr-2022 - 12-May-2022
Quarter 14.47 12-May-2022 - 11-Aug-2022 -11.55 23-Mar-2022 - 22-Jun-2022
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mirae Asset Nifty India Manufacturing ETF-G -- -- -- -- -- --
S&P BSE 500 TRI* 20.28 22.43 0.75 0.86 -- --

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

As on

* As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 79
Top 10 Stocks (%) 36.76
Top 5 Stocks (%) 22.27
Top 3 Sectors (%) 56.79
Portfolio P/B Ratio 2.81
Portfolio P/E Ratio 19.99

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 77,580 1,23,328
Giant (%) 19.90 43.63
Large (%) 46.09 27.30
Mid (%) 33.35 26.64
Small (%) 0.66 8.07
Tiny (%) -- 0.12

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 Sun Pharmaceutical Industries Healthcare 56.51 5.14 4.19 5.14
up Reliance Industries Energy 27.12 5.22 4.58 4.58
up Tata Steel Metals & Mining 3.53 4.84 3.95 4.51
up Maruti Suzuki India Automobile 60.77 4.68 4.11 4.11
up Mahindra & Mahindra Automobile 18.78 4.22 3.15 3.93
up JSW Steel Metals & Mining 10.44 3.25 2.67 3.17
up Hindalco Inds. Metals & Mining 6.54 3.96 2.80 3.15
up Tata Motors Automobile -- 3.80 2.83 2.84
up Cipla Healthcare 33.50 2.81 2.22 2.75
up Dr. Reddy's Lab Healthcare 23.51 3.02 2.27 2.58
up Divi's Laboratories Healthcare 32.01 2.62 2.29 2.54
up Bharat Electronics Capital Goods 25.69 2.70 2.12 2.48
up UPL Chemicals 15.18 2.15 1.73 2.08
up Pidilite Industries Chemicals 103.23 1.94 1.67 1.94
up SRF Diversified 35.55 1.85 1.62 1.83
up Siemens Capital Goods 84.41 2.25 1.68 1.81
up Bajaj Auto Automobile 18.95 2.15 1.80 1.80
up Bharat Petroleum Corporation Energy 28.30 1.76 1.56 1.64
up Havells India Capital Goods 70.66 1.63 1.32 1.63
up Ashok Leyland Automobile -- 1.75 0.71 1.62
up Eicher Motors Automobile 45.47 1.65 1.46 1.52
equal Page Industries Textiles 76.19 1.50 1.14 1.50
up Vedanta Metals & Mining 5.19 2.34 1.41 1.47
down Indian Oil Corporation Energy 5.48 2.41 1.38 1.45
up Bharat Forge Automobile 31.99 1.99 1.37 1.42

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-Jul-2022

Fund Manager

— Ekta Gala since 10-Jan-2022

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:


0.21%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 85.0290


Investment Strategy

The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error.

Investment Details

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

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 27-Jan-2022
Return Since Launch: 8.92%
Benchmark: Nifty India Manufacturing TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 71 Cr (As on 31-Jul-2022)
Expense Ratio: 0.40% (As on 31-Jul-2022)
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

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

Registrar & Transfer Agent: KFin Technologies 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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