Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl

Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl

Equity
Direct
Equity - Esg

NAV: ₹ 12.6 as on 27-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
-3.2%
6.8%
-2.1%
-6.8%
Benchmark
-2.9%
8.4%
-2.3%
-6.2%
About the Fund

Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl is an equity fund. This fund was started on  19 November, 2020. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl has a NAV of 12.644 as on 27-09-2022.

2) Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl has 137 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.17 %.

Fund Overview

Expense ratio
Expense ratio
0.17%
Benchmark
Benchmark
Morningstar India Sustain NR INR
AUM
AUM
₹137 Cr
Inception Date
Inception Date
19 November, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.05%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
8.06%

Fund Distribution

  • Equity 99.2%
  • Debt & Cash 0.8%
Size breakup
Large cap
97.5%
Mid cap
1.8%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

31.9%

Tech

18.7%

Energy

10.3%

Basic Materials

9.5%

Consumer Defensive

6.9%

Health

5.1%

Industrial

4.8%

Consumer Cyclical

4.6%

Utilities

4.3%

Communication

3.5%

Real Estate

0.4%

Top Holdings

  • All
  • Equity
Total Holdings1
Equity Holdings1
Holdings
Weight%
Holdings Trend
1M Change
icon
Mirae Asset Nifty 100 ESG Sect Ldrs ETF
99.39%
-4%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 0.8 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 136.6 Cr
Jul'22
₹ 135.8 Cr
Jun'22
₹ 127.1 Cr

Fund Returns vs Benchmark

Aug'22
8.44%
9.47%
Jul'22
8.44%
9.47%
Jun'22
-4.55%
-4.91%
Fund Return
Benchmark Return

Winners & Losers (Aug-22)

Fund Manager

Ekta Gala

Ekta Gala

Managing this fund since 28 December 2020

AMC details

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
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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 an average annual returns of 14.13% since inception which is less than its category average return of 17.23%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.19% in Equity, 0% in Debt and 0.81% in Cash related instruments
AUM size ₹137 Cr

AUM size ₹137 Cr

This fund has AUM of ₹137 Cr which is less than its category average of ₹ 1340 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl is 12.62.
Existing (Absolute + CAGR)
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-3.38%
-3.38%
6 Month Returns
-2.25%
-2.25%
1 Year Returns
-7.17%
-7.17%
3 Years Returns
0%
0%
5 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.
0.17 as on August 2022
137 Cr as on August 2022
The alpha ratio for the Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
-1.61
-
-
As on month end.
The alpha for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl is calculated against Morningstar India Sustain NR 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 Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
0.87
-
-
As on month end.
The Beta for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl is calculated with Morningstar India Sustain NR 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 Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
-0.14
-
-
As on month end.
The sharpe ratio for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl is calculated with Morningstar India Sustain NR 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 Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
13.31
-
-
As on month end.
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 Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl
The Exit load of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Payout of Income dis cum cptl wdrl is 0.05%