Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl

Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl

Hybrid
Direct
Fund Of Funds

NAV: ₹ 10.3 as on 27-09-2022

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 46.8K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
This Fund
-3.2%
10.6%
2.2%
Benchmark
-
-
-
About the Fund

Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on  31 January, 2022. The fund is managed by Ekta Gala. This fund gives you the benefit of diversification.

Key parameters

1) Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of 10.257 as on 27-09-2022.

2) Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has 44 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 0.32 %.

Fund Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
Nifty India Manufacturing TR INR
AUM
AUM
₹44 Cr
Inception Date
Inception Date
31 January, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
111.86%

Fund Distribution

  • Equity 95.2%
  • Debt & Cash 4.8%
Size breakup
Large cap
60.3%
Mid cap
34%
Small cap
1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Basic Materials

26.4%

Consumer Cyclical

25.2%

Industrial

21.7%

Health

18.3%

Energy

7.7%

Tech

0.7%

Top Holdings

  • All
  • Equity
Total Holdings1
Equity Holdings1
Holdings
Weight%
Holdings Trend
1M Change
icon
Mirae Asset Nifty India Mfg ETF
95.5%
-3.2%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 2.2 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 44.1 Cr
Jul'22
₹ 41.9 Cr
Jun'22
₹ 37.4 Cr

Fund Returns vs Benchmark

Aug'22
10.29%
6.76%
Jul'22
10.29%
6.76%
Jun'22
-5.11%
-3.15%
Fund Return
Benchmark Return

Fund Manager

Ekta Gala

Ekta Gala

Managing this fund since 31 January 2022

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 2.57% since inception which is less than its category average return of 7.83%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.17% in Equity, 0% in Debt and 4.83% in Cash related instruments
AUM size ₹44 Cr

AUM size ₹44 Cr

This fund has AUM of ₹44 Cr which is less than its category average of ₹ 514 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 10.27.
Existing (Absolute + CAGR)
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-3.14%
-3.14%
6 Month Returns
2.28%
2.28%
1 Year Returns
0%
0%
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.
0.32 as on August 2022
44 Cr as on August 2022
Ekta Gala is the fund manager of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 0.5%