Key stats
Fund info
Home page
Inception date
Nov 20, 2018
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Mirae Asset Investment Managers (India) Pvt Ltd.
ISIN
INF769K01EG9
FIGI
BBG00MNWPK30
Identifiers
ISIN INF769K01EG9
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 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
Finance
Stocks99.98%
Finance36.47%
Energy Minerals9.52%
Consumer Durables8.97%
Technology Services8.48%
Non-Energy Minerals6.21%
Consumer Non-Durables5.40%
Communications5.00%
Industrial Services4.30%
Transportation4.29%
Health Technology3.26%
Utilities2.49%
Health Services1.53%
Electronic Technology1.35%
Process Industries1.09%
Retail Trade0.87%
Distribution Services0.75%
Bonds, Cash & Other0.02%
Cash0.02%
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
NIFTYETF invests in stocks. The fund's major sectors are Finance, with 36.47% stocks, and Energy Minerals, with 9.52% of the basket. The assets are mostly located in the Asia region.
NIFTYETF top holdings are HDFC Bank Limited and ICICI Bank Limited, occupying 9.85% and 9.45% of the portfolio correspondingly.
No, NIFTYETF doesn't pay dividends to its holders.
NIFTYETF shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Mirae Asset. The ETF was launched on Nov 20, 2018, and its management style is Passive.
NIFTYETF expense ratio is 0.05% meaning you'd have to pay 0.05% of your investment to help manage the fund.
NIFTYETF follows the Nifty 50 Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NIFTYETF invests in stocks.
NIFTYETF price has fallen by −4.85% over the last month, and its yearly performance shows a −6.88% decrease. See more dynamics on NIFTYETF price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.22% over the last month, showed a 3.15% increase in three-month performance and has decreased by −2.26% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.22% over the last month, showed a 3.15% increase in three-month performance and has decreased by −2.26% in a year.
NIFTYETF trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.