Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
Hybrid
Direct
Fund Of Funds
NAV: ₹ 12.5 as on 26-09-2023
Fund Performance
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 . This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has ₹53 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | 0.47% |
 Benchmark | Nifty India Manufacturing TR INR |
 | ₹53 Cr |
 | 31 January, 2022 |
 | ₹5000/₹1000 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 33.4% |
Fund Distribution as on (31-Dec-69)
Size breakup
Large cap
70.1%
Mid cap
28.5%
Small cap
1%
Sector Allocation
Consumer Cyclical
30.3%
Basic Materials
23.8%
Industrial
22.2%
Health
15.3%
Energy
7.8%
Tech
0.7%
Top Holdings of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Nifty India Mfg ETF | 99.77% | 1% |
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 53.2 Cr as of Aug'23
- AUM increased by 0.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.19% since inception which is more than its category average return of 9.68%
Fund Allocations
This fund has an allocation of 99.51% in Equity, 0% in Debt and 0.49% in Cash related instruments
AUM size ₹53 Cr
This fund has AUM of ₹53 Cr which is less than its category average of ₹ 594 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.81%
Frequently Asked Questions
The current NAV of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is ₹12.45 as on 26-Sep-2023.
Existing (Absolute + CAGR) as on 26-Sep-2023.
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.77% | 1.77% |
6 Month Returns | 25.18% | 25.18% |
1 Year Returns | 21.27% | 21.27% |
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.
0.47% as on August 2023
₹53 Cr as on August 2023
Consumer Cyclical(30.18%), Basic Materials(23.64%), Industrial(22.08%) as on August 2023
The Exit load of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 0.5%