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 is an equity fund. This fund was started on 31 January, 2022. The fund is managed by Ekta Gala, Akshay Udeshi. The fund could potentially beat inflation in the long-run.

1. Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has ₹108 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.6.
   

Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 19.88% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -0.20% and 22.04% respectively.

Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Health, Energy, Tech. Its top holdings are Mirae Asset Nifty India Mfg ETF

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.

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India Manufacturing ETF. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.