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Mirae Asset Nifty Next 50 ETF (NEXT50)

₹727.920.3%

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Mirae Asset Nifty Next 50 ETF Performance

  • Day's Low

    Day's High

    ₹725.65
    ₹730.9
  • 52 Week's Low

    52 Week's High

    ₹431
    ₹757.98
1 Month Return-0.22 %
3 Month Return+ 12.66 %
1 Year Return+ 61.54 %
Previous Close₹725.73
Open₹727.07
Upper Circuit-
Lower Circuit-

Insights on Mirae Asset Nifty Next 50 ETF

Insights help you understand the recent movement of the ETF's critical parameters, giving you an overall view of the ETF.

  • imgPOSITIVE IMPACT

    Price Rise

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    In the last 3 years, Mirae Asset Nifty Next 50 ETF has moved up by 84.81%

  • imgNO EFFECT

    Against Peers

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    In the last 1 year, Aditya Birla Sun Life Nifty Next 50 ETF has given 64.21% return, outperforming Mirae Asset Nifty Next 50 ETF by 2.67%.

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 year, Aditya Birla Sun Life Nifty Next 50 ETF has given 87.16% return, outperforming Mirae Asset Nifty Next 50 ETF by 2.35%.

  • imgNO EFFECT

    Market Cap Breakup

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    Market Cap breakup for Mirae Asset Nifty Next 50 ETF is 82.83% in LARGE CAP and 17.17% in MID CAP with top sector being Finance with 12.75%

ETF Fundamentals

Expense Ratio0.05%
Avg. PE ratio27.37
Avg. PB ratio4.41
AUM₹251.45 Cr.

Companies in Mirae Asset Nifty Next 50 ETF

Companies 1D Returns
Trent LtdTrent Ltd0.44
Bharat Electronics LtdBharat Electronics Ltd0.45
Hindustan Aeronautics LtdHindustan Aeronautics Ltd0.14
Tata Power Company LtdTata Power Company Ltd0.84
Power Finance Corporation LtdPower Finance Corporation Ltd0.3

Portfolio Breakup

  • Sector

  • Market Cap

Sector

Finance
12.75%
Aerospace & Defence
9.57%
FMCG
6.92%
Retail
6.61%
Banks
5.88%
Power Generation & Distribution
5.85%
Capital Goods - Electrical Equipment
5.22%
E-Commerce/App based Aggregator
4.27%
Chemicals
3.84%
Auto Ancillaries
3.71%
Cement
3.53%
Insurance
3.35%
Air Transport Service
3.23%
Gas Distribution
3.09%
Mining & Mineral products
2.95%
Refineries
2.79%
Automobile
2.53%
Realty
2.44%
Pharmaceuticals
2.41%
Consumer Durables
2.1%
Steel
1.76%
Alcoholic Beverages
1.71%
Edible Oil
1.46%
Railways
1.38%
Paints/Varnish
0.65%

About Mirae Asset Nifty Next 50 ETF

The Mirae Asset Nifty Next 50 ETF is an exchange traded fund that tracks the Nifty Next 50 index, offering diversification and exposure to Indian equity markets. Launched in January 2020 by Mirae Asset Mutual Fund, this ETF aims to generate returns in line with the Nifty Next 50 index which consists of stocks like LTI Mindtree, Godrej Consumer and Pidilite among others. It's suitable for investors seeking a diversified portfolio and long-term capital appreciation.

Owner: Mirae Asset Mutual Fund
Ticker: NEXT50
Price: ₹727.92 per unit as on 24 Jul, 2024 04:01 PM
Asset Under Management AUM: ₹251.45Cr as of today
Expense Ratio: 0.05% as of today
ExchangeNSE
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Frequently Asked Questions

Mirae Asset Nifty Next 50 ETF price is ₹727.92 today.

  • Today’s highest price of Mirae Asset Nifty Next 50 ETF is ₹730.9
  • Today’s lowest price of Mirae Asset Nifty Next 50 ETF is ₹725.65
Mirae Asset Nifty Next 50 ETFPrice
52 Week High
₹757.98
52 Week Low
₹431
Mirae Asset Nifty Next 50 ETFReturns
1 Day Returns
2.19%
1 Month Returns
-0.22%
3 Month Returns
12.66%
1 Year Returns
61.54%

Mirae Asset Nifty Next 50 ETF} price to earning (PE) ratio as on today is 27.37

You can invest via your demat account in the Mirae Asset Nifty Next 50 ETF. You can invest either through SIP mode or lumpsum mode.

Yes. Mirae Asset Nifty Next 50 ETF is available for SIP on INDmoney platform for daily, weekly or monthly SIP.

Mirae Asset Nifty Next 50 ETF's drawbacks are not related to specifically Mirae Asset Nifty Next 50 ETF. In Indian context, some of the ETFs have a drawbacks of higher tracking, lower trading volumes, etc.

Yes. Mirae Asset Nifty Next 50 ETF can used as collateral for a loan under Loan Against Securities.