Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Hybrid
Direct
Fund Of Funds
NAV: ₹ 15.93 as on 16-04-2024
Fund Performance
About the Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl has ₹73 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.6.
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.58% |
 Benchmark | Nifty India Manufacturing TR INR |
 | ₹73 Cr |
 | 31 January, 2022 |
 | ₹5000/₹500 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 33.4% |
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)
Size breakup
Large cap
72.7%
Mid cap
23.6%
Small cap
3.7%
Sector Allocation
Consumer Cyclical
32.9%
Industrial
20.8%
Basic Materials
20.1%
Health
16.1%
Energy
9.1%
Tech
1%
Top Holdings of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Nifty India Mfg ETF | 99.89% | 1.8% |
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment 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 72.8 Cr as of Mar'24
- AUM increased by 28.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 23.48% since inception which is more than its category average return of 11.06%
Fund Allocations
This fund has an allocation of 99.88% in Equity, 0% in Debt and 0.12% in Cash related instruments
AUM size ₹73 Cr
This fund has AUM of ₹73 Cr which is less than its category average of ₹ 635 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% 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 Reinvestment Inc Dist cum Cap Wdrl is ₹15.93 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 7.28% | 7.28% |
6 Month Returns | 27.08% | 27.08% |
1 Year Returns | 52.9% | 52.9% |
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.
0.58% as on March 2024
₹73 Cr as on March 2024
Consumer Cyclical(32.83%), Industrial(20.76%), Basic Materials(20.07%) as on March 2024
The Exit load of Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0.5%