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Details
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Inception date
Jul 10, 2024
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Mirae Asset Investment Managers (India) Pvt Ltd.
ISIN
INF769K01LQ3
FIGI
BBG01NCD1Q52
Identifiers
ISIN INF769K01LQ3
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Consumer Durables
Stocks99.75%
Producer Manufacturing41.72%
Consumer Durables35.74%
Process Industries8.57%
Technology Services7.02%
Energy Minerals3.93%
Commercial Services1.69%
Non-Energy Minerals1.07%
Bonds, Cash & Other0.25%
Cash0.25%
Breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
EVINDIA invests in stocks. The fund's major sectors are Producer Manufacturing, with 41.72% stocks, and Consumer Durables, with 35.74% of the basket. The assets are mostly located in the Asia region.
EVINDIA top holdings are Maruti Suzuki India Limited and Mahindra & Mahindra Ltd., occupying 8.51% and 8.00% of the portfolio correspondingly.
No, EVINDIA doesn't pay dividends to its holders.
EVINDIA shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Mirae Asset. The ETF was launched on Jul 10, 2024, and its management style is Passive.
EVINDIA expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
EVINDIA follows the Nifty EV and New Age Automotive Total Return Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EVINDIA invests in stocks.
EVINDIA price has risen by 4.38% over the last month, and its yearly performance shows a 11.22% increase. See more dynamics on EVINDIA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.20% over the last month, showed a 9.22% increase in three-month performance and has increased by 12.97% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.20% over the last month, showed a 9.22% increase in three-month performance and has increased by 12.97% in a year.
EVINDIA trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.