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Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

NAV as on 29-04-2025

₹ 10.69

1%

1D

Inception Returns

5.3%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
111 people have invested ₹ 6.5L in Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth in the last three months

About Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth is an equity fund. This fund was started on 19 March, 2025. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth has ₹8 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth has given a CAGR return of 5.27% since inception.

Holdings

Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Mirae Asset BSE 200 Equal Weight ETF

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE 200 Equal Weight ETF. The Scheme does not guarantee or assure any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth has no lock in period.

Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth Overview

Expense ratio0.23%
Benchmark
BSE 200 Equal Weight TR INR
AUM₹8 Cr
Inception Date19 March, 2025
Min Lumpsum/SIP₹5000/₹99
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 2.7%

Sector Allocation

Mar'25

Feb'25

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
Mirae Asset BSE 200 Equal Weight ETF
Mirae Asset BSE 200 Equal Weight ETF
97.34%
0%
  • Returns %

  • Fund Ratios

  • Overview

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Ekta Gala
Ekta Gala
Fund Manager of Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth, since 19 March 2025
Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.68L Cr
as on 31-Mar-2025
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Website
customercare@miraeasset.com

Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 5.27% since inception (19th March 2025)
AUM size ₹8 Cr

AUM size ₹8 Cr

This fund has AUM of ₹8 Cr which is less than its category average of ₹ 750 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions for Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

The current NAV of Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth is ₹10.69 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.54%
3.54%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.23% as on March 2025
₹8 Cr as on March 2025
The alpha ratio for the Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth
-
-
-
As on March 2025
The alpha for Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth is calculated against BSE 200 Equal Weight TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth
-
-
-
As on March 2025
The Beta for Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth is calculated with BSE 200 Equal Weight TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth
-
-
-
As on March 2025
The sharpe ratio for Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth is calculated with BSE 200 Equal Weight TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth
-
-
-
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Ekta Gala is the fund manager of Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth
The Exit load of Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth is 0.05%