Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Equity

Mirae Mutual Fund

Equity - Other

Get the latest NAV of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹11.63

▲0.7%1D

NAV as on 23 May 2025

12.96%/per year

Since Inception

Absolute Gain%

▲▼

224 people have invested ₹ 11.1L in Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth in the last three months

Mirae Asset BSE Select IPO ETF Fund of Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (23-May-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
3.36%
2.71%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset BSE Select IPO ETF Fund of Fund
-
8Cr
0.24%
-
-
12.96%
ICICI Prudential India Opportunities Fund Direct Growth
1/39
27,197Cr
0.64%
14.59%
27.96%
23.36%
ICICI Prudential Business Cycle Fund Direct Growth
2/39
12,375Cr
0.72%
10.28%
25.83%
23.61%
ICICI Prudential Exports and Services Fund Direct Growth
3/39
1,362Cr
1.65%
13.81%
23.36%
19.54%
See all

Mirae Asset BSE Select IPO ETF Fund of Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Mirae Asset BSE Select IPO ETF Fund of Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 98.3%

Debt & Cash 1.7%

Mid cap
44.3%
Small cap
28.1%
Large cap
26%

Mirae Asset BSE Select IPO ETF Fund of Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 98.3%

Debt & Cash 1.7%

Mirae Asset BSE Select IPO ETF Fund of Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
Mirae Asset BSE Select IPO ETF
98.37%
100%

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.24%
Benchmark
BSE Select IPO 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

About Mirae Asset BSE Select IPO ETF Fund of Fund

Mirae Asset BSE Select IPO 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 Select IPO 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 Select IPO ETF Fund of Fund Direct Growth has given a CAGR return of 12.96% since inception.

Holdings

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Tech, Real Estate, Communication, Basic Materials, Utilities, Consumer Defensive. Its top holdings are Mirae Asset BSE Select IPO ETF

Taxation

As it is a equity - other 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 Select IPO 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 Select IPO ETF. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.

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 Select IPO ETF Fund of Fund Direct Growth has no lock in period.

Fund Manager

Ekta Gala

Fund Manager of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth, since 19 March 2025

Learn more about Mirae Mutual Fund

Frequently Asked Questions for Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

What is the current NAV of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

The current NAV of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is ₹11.63 as on 23-May-2025.

What are the average returns of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

Existing (Absolute + CAGR) as on 23-May-2025.
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.36%
3.36%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%

How do I invest in Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

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.

What is the expense ratio of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

0.24% as on April 2025

What is net assets under management (AUM) of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

₹8 Cr as on April 2025

What are the top 3 sectors that this Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has invested in?

Financial Services(29.19%), Consumer Cyclical(21.06%), Health(15.66%) as on April 2025

What is the alpha of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

The alpha ratio for the Mirae Asset BSE Select IPO 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 Select IPO ETF Fund of Fund Direct Growth
-
-
-
As on April 2025
The alpha for Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is calculated against BSE Select IPO 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%.

What is the beta of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth??

The Beta ratio for the Mirae Asset BSE Select IPO 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 Select IPO ETF Fund of Fund Direct Growth
-
-
-
As on April 2025
The Beta for Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is calculated with BSE Select IPO 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.

What is the sharpe ratio of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

The sharpe ratio for the Mirae Asset BSE Select IPO 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 Select IPO ETF Fund of Fund Direct Growth
-
-
-
As on April 2025
The sharpe ratio for Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is calculated with BSE Select IPO 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.

What is the standard deviation of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

The standard deviation for the Mirae Asset BSE Select IPO 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 Select IPO ETF Fund of Fund Direct Growth
-
-
-
As on April 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.

Who is the manager of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

Ekta Gala is the fund manager of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

What is the exit load of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth?

The Exit load of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is 0.05%