Mirae Asset Nifty Next 50 ETF

Mirae Asset Nifty Next 50 ETF is an equity fund. This fund was started on 24 January, 2020. The fund is managed by Ekta Gala, Ritesh Patel. The fund could potentially beat inflation in the long-run.

1. Mirae Asset Nifty Next 50 ETF has ₹767 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Mirae Asset Nifty Next 50 ETF has given a CAGR return of 17.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -8.28%, 15.31% and 20.54% respectively.

Mirae Asset Nifty Next 50 ETF has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Consumer Cyclical, Corporate, Utilities, Basic Materials, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Divi's Laboratories Ltd, TVS Motor Co Ltd, Vedanta Ltd

As it is a large-cap 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 generate returns, before expenses, that are commensurate with the performance of the Nifty Next 50 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Mirae Asset Nifty Next 50 ETF has no lock in period.