Mirae Asset Nifty Metal ETF Exchange Traded Fund Units

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

METAL trades at 12.52 INR today, its price hasn't changed in the past 24 hours. Track more dynamics on METAL price chart.

METAL net asset value is 12.60 today — it's risen 0.39% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

METAL price has fallen by −2.10% over the last month, and its yearly performance shows a 29.34% increase. See more dynamics on METAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.39% over the last month, showed a −3.51% decrease in three-month performance and has increased by 33.33% in a year.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

METAL invests in stocks. See more details in our Profile section.

METAL expense ratio is 1.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, METAL technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating METAL shows the buy signal. See more of METAL technicals for a more comprehensive analysis.

No, METAL doesn't pay dividends to its holders.

METAL trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

METAL shares are issued by Mirae Asset Global Investments Co., Ltd.

METAL follows the Nifty Metal Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Oct 9, 2024.