Mirae Asset Nifty Metal ETF
Riskometer
Very High
₹12.6268 -0.20%
As on 30-Jun-2026
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Risk
This fund has Very High risk.
As per SEBI's Riskometer.
Portfolio of Mirae Asset Nifty Metal ETF
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
Peer Comparison
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Base Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mirae Asset Nifty Metal ETF
|
Very High
|
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0.31 |
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|
Very High
|
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0.34 |
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|
Very High
|
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0.17 |
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|
Very High
|
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0.90 |
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|
Very High
|
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0.90 |
Other details of Mirae Asset Nifty Metal ETF
Assets
₹543 Cr
Exit Load (Days)
--
Min. Investment (₹)
5,000
Min. Withdrawal (₹)
--
Min. SIP Investment (₹)
--
Min. No of Cheques
--
About Mirae Asset Nifty Metal ETF
Mirae Asset Nifty Metal ETF is a equity mutual fund scheme of Mirae Asset Mutual Fund. Launched on October 03, 2024, it is currently managed by Ekta Gala and Akshay Udeshi. The fund has an expense ratio of 0.31% with an overall AUM (Assets Under Management) of ₹543 Cr.
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Metal Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. The fund allows minimum lumpsum investment of ₹-- and minimum SIP of ₹--.
Investment Strategy
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Metal Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Suitability
Such sectoral funds are suitable for investors:
- Wanting a small, supporting exposure to a specific sector or a narrow set of related sectors
- Aiming for long term wealth creation
- With a 7+ year investment horizon, who can withstand the sharper swings of a concentrated portfolio
Note:
- Most investors can skip these funds and stick to diversified equity funds instead
- If you choose to invest, do so only through SIP
- Being passively managed, the fund replicates the portfolio of its chosen benchmark index
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- 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 20%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- 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. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
FAQ for Mirae Asset Nifty Metal ETF
How to Invest in Mirae Asset Nifty Metal ETF?
To invest in Mirae Asset Nifty Metal ETF you need a demat account and a trading account with a stockbroker, as Exchange Traded Funds (ETFs) are bought and sold on the stock exchange just like shares. You can purchase Mirae Asset Nifty Metal ETF directly through your broker’s platform.
What is the current NAV of Mirae Asset Nifty Metal ETF Today?
The latest declared NAV of Mirae Asset Nifty Metal ETF, is ₹12.6268 as of 01-Jul-2026.
What are the top holdings of Mirae Asset Nifty Metal ETF?
| Company | Percentage of Portfolio |
|---|---|
|
17.82
|
|
|
16.90
|
|
|
12.42
|
|
|
8.72
|
|
|
6.21
|
What is the return of Mirae Asset Nifty Metal ETF in the last 5 years?
Over the past five years, Mirae Asset Nifty Metal ETF has delivered an annualised return of --% as of 01-Jul-2026.
What is the minimum investment required in Mirae Asset Nifty Metal ETF?
The minimum investment required to start investing in Mirae Asset Nifty Metal ETF is ₹5,000 for the lump sum option and ₹-- for the SIP (Systematic Investment Plan) option.