How to Invest in Mirae Asset Nifty 50 ETF Growth?

You can easily invest in Mirae Asset Nifty 50 ETF Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Nifty 50 ETF Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Nifty 50 ETF Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Nifty 50 ETF Growth provide?

The Mirae Asset Nifty 50 ETF Growth has been there from 20 Nov 2018 and the average annual returns provided by this fund is 12.71% since its inception.

How much expense ratio is charged by Mirae Asset Nifty 50 ETF Growth?

The term Expense Ratio used for Mirae Asset Nifty 50 ETF Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Nifty 50 ETF Growth is 0.05% as of 23 Sep 2023...

What is the AUM of Mirae Asset Nifty 50 ETF Growth?

The AUM, short for Assets Under Management of Mirae Asset Nifty 50 ETF Growth is ₹1,587.42Cr as of 23 Sep 2023.

How to Redeem Mirae Asset Nifty 50 ETF Growth?

If you want to sell your Mirae Asset Nifty 50 ETF Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Nifty 50 ETF Growth?

You can select either SIP or Lumpsum investment of Mirae Asset Nifty 50 ETF Growth based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Nifty 50 ETF Growth?

The NAV of Mirae Asset Nifty 50 ETF Growth is ₹207.22 as of 22 Sep 2023.

What is the PE and PB ratio of Mirae Asset Nifty 50 ETF Growth?

The PE ratio ratio of Mirae Asset Nifty 50 ETF Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mirae Asset Nifty 50 ETF Growth - NAV, Mutual Fund Performance & Portfolio

Mirae Asset Nifty 50 ETF Growth
Other
Index
Very High Risk
22.21%
3Y annualised
-0.35% 1D
1M
6M
1Y
3Y
All
 NAV: 22 Sep 2023₹207.22
Min. SIP amountNot Supported
RatingNA
Fund size₹1,587.42Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA12.7%22.2%14.7%
Category averageNA11.6%21.5%NA
Rank with in categoryNA5518NA
Understand terms
Holdings (51)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity13.7%
Reliance Industries Ltd.
EnergyEquity9.5%
ICICI Bank Ltd.
FinancialEquity7.9%
Infosys Ltd.
TechnologyEquity6.0%
ITC Ltd.
Consumer StaplesEquity4.5%
Tata Consultancy Services Ltd.
TechnologyEquity4.0%
Larsen & Toubro Ltd.
ConstructionEquity3.8%
Axis Bank Ltd.
FinancialEquity3.1%
Kotak Mahindra Bank Ltd.
FinancialEquity3.0%
Hindustan Unilever Ltd.
Consumer StaplesEquity2.6%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2023 - Present
0.05%
31 Jul 2023 - 31 Aug 2023
0.05%
30 Jun 2023 - 31 Jul 2023
0.05%
31 May 2023 - 30 Jun 2023
0.05%
30 Apr 2023 - 31 May 2023
0.05%
31 Mar 2023 - 30 Apr 2023
0.06%
28 Feb 2023 - 31 Mar 2023
0.05%
31 Jan 2023 - 28 Feb 2023
0.05%
31 Dec 2022 - 31 Jan 2023
0.05%
31 Dec 2022 - 31 Dec 2022
0.05%
30 Nov 2022 - 31 Dec 2022
0.05%
30 Nov 2022 - 30 Nov 2022
0.05%
30 Nov 2022 - 30 Nov 2022
0.05%
31 Oct 2022 - 30 Nov 2022
0.05%
31 Oct 2022 - 31 Oct 2022
0.05%
31 Oct 2022 - 31 Oct 2022
0.05%
30 Sep 2022 - 31 Oct 2022
0.05%
30 Sep 2022 - 30 Sep 2022
0.05%
30 Sep 2022 - 30 Sep 2022
0.05%
31 Aug 2022 - 30 Sep 2022
0.05%
31 Aug 2022 - 31 Aug 2022
0.05%
31 Jul 2022 - 31 Aug 2022
0.05%
31 Jul 2022 - 31 Jul 2022
0.05%
31 Jul 2022 - 31 Jul 2022
0.05%
30 Jun 2022 - 31 Jul 2022
0.05%
30 Jun 2022 - 30 Jun 2022
0.05%
31 May 2022 - 30 Jun 2022
0.05%
31 May 2022 - 31 May 2022
0.05%
30 Apr 2022 - 31 May 2022
0.05%
30 Apr 2022 - 30 Apr 2022
0.05%
31 Mar 2022 - 30 Apr 2022
0.06%
31 Mar 2022 - 31 Mar 2022
0.06%
28 Feb 2022 - 31 Mar 2022
0.08%
28 Feb 2022 - 28 Feb 2022
0.08%
31 Jan 2022 - 28 Feb 2022
0.08%
31 Dec 2021 - 31 Jan 2022
0.08%
30 Nov 2021 - 31 Dec 2021
0.07%
31 Oct 2021 - 30 Nov 2021
0.07%
30 Sep 2021 - 31 Oct 2021
0.07%
31 Aug 2021 - 30 Sep 2021
0.07%
31 Jul 2021 - 31 Aug 2021
0.08%
30 Jun 2021 - 31 Jul 2021
0.08%
31 May 2021 - 30 Jun 2021
0.08%
30 Apr 2021 - 31 May 2021
0.06%
31 Mar 2021 - 30 Apr 2021
0.07%
28 Feb 2021 - 31 Mar 2021
0.07%
31 Jan 2021 - 28 Feb 2021
0.07%
31 Dec 2020 - 31 Jan 2021
0.06%
30 Nov 2020 - 31 Dec 2020
0.06%
31 Oct 2020 - 30 Nov 2020
0.08%
30 Sep 2020 - 31 Oct 2020
0.08%
31 Aug 2020 - 30 Sep 2020
0.08%
31 Jul 2020 - 31 Aug 2020
0.07%
30 Jun 2020 - 31 Jul 2020
0.07%
31 May 2020 - 30 Jun 2020
0.07%
30 Apr 2020 - 31 May 2020
0.07%
31 Mar 2020 - 30 Apr 2020
0.07%
29 Feb 2020 - 31 Mar 2020
0.07%
31 Jan 2020 - 29 Feb 2020
0.08%
31 Dec 2019 - 31 Jan 2020
0.07%
30 Nov 2019 - 31 Dec 2019
0.07%
31 Oct 2019 - 30 Nov 2019
0.07%
30 Sep 2019 - 31 Oct 2019
0.07%
31 Aug 2019 - 30 Sep 2019
0.07%
31 Jul 2019 - 31 Aug 2019
0.11%
30 Jun 2019 - 31 Jul 2019
0.11%
31 May 2019 - 30 Jun 2019
0.11%
30 Apr 2019 - 31 May 2019
0.11%
31 Mar 2019 - 30 Apr 2019
0.14%
28 Feb 2019 - 31 Mar 2019
0.14%
31 Jan 2019 - 28 Feb 2019
0.15%
31 Dec 2018 - 31 Jan 2019
0.15%
30 Nov 2018 - 31 Dec 2018
0.15%
Expense ratio, exit load and taxExpense ratio: 0.05%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementEkta Gala
Dec 2020 - Present
View details
Education
Ms. Gala is a B.Com & Inter CA (IPCC)
Experience
Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Also manages these schemes
Mirae Asset Nifty 50 ETF Growth
Mirae Asset Nifty Next 50 ETF Growth
Mirae Asset Nifty 100 ESG Sector Leaders ETF Growth
Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular IDCW
Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct Growth
Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct IDCW
Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular Growth
Mirae Asset NYSE FANG+ ETF FoF Direct Growth
Mirae Asset NYSE FANG+ ETF FoF Regular Growth
Mirae Asset Nifty Financial Services ETF Growth
Mirae Asset S&P 500 Top 50 ETF FoF Direct Growth
Mirae Asset S&P 500 Top 50 ETF FoF Regular Growth
Mirae Asset Hang Seng TECH ETF FoF Regular Growth
Mirae Asset Hang Seng TECH ETF FoF Direct Growth
Mirae Asset Nifty India Manufacturing ETF Growth
Mirae Asset Nifty India Manufacturing ETF FoF Direct IDCW
Mirae Asset Nifty India Manufacturing ETF FoF Regular Growth
Mirae Asset Nifty India Manufacturing ETF FoF Regular IDCW
Mirae Asset Nifty India Manufacturing ETF FoF Direct Growth
Mirae Asset Nifty Midcap 150 ETF Growth
Vishal Singh
Aug 2023 - Present
View details
Education
Mr. Singh has done B.Com, CA, CFA and FRM
Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.
Also manages these schemes
Mirae Asset Nifty 50 ETF Growth
Mirae Asset Nifty Next 50 ETF Growth
Mirae Asset NYSE FANG+ ETF FoF Direct Growth
Mirae Asset NYSE FANG+ ETF FoF Regular Growth
Mirae Asset Nifty Financial Services ETF Growth
Mirae Asset S&P 500 Top 50 ETF FoF Direct Growth
Mirae Asset S&P 500 Top 50 ETF FoF Regular Growth
Mirae Asset Hang Seng TECH ETF FoF Regular Growth
Mirae Asset Hang Seng TECH ETF FoF Direct Growth
Mirae Asset Nifty India Manufacturing ETF Growth
Mirae Asset Nifty India Manufacturing ETF FoF Direct IDCW
Mirae Asset Nifty India Manufacturing ETF FoF Regular Growth
Mirae Asset Nifty India Manufacturing ETF FoF Direct Growth
Mirae Asset Nifty Midcap 150 ETF Growth
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,02,127.67Cr
Date of Incorporation26 Apr 2019
 Mirae Asset Nifty 50 ETF Growth is a Other Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 26 Apr 2019. Bharti Sawant is the Current Fund Manager of Mirae Asset Nifty 50 ETF Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,02,128 Cr and the Latest NAV as of 22 Sep 2023 is ₹207.22.
The Mirae Asset Nifty 50 ETF Growth is rated Very High risk.
;
Investment ObjectiveThe scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Index, subject to tracking error.
;
Fund benchmarkNIFTY 50 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
E-mail
[email protected]
Website
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Mirae Asset Nifty 50 ETF Growth
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	12.7%	22.2%	14.7%
Category average	NA	11.6%	21.5%	NA
Rank with in category	NA	55	18	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	13.7%
Reliance Industries Ltd.	Energy	Equity	9.5%
ICICI Bank Ltd.	Financial	Equity	7.9%
Infosys Ltd.	Technology	Equity	6.0%
ITC Ltd.	Consumer Staples	Equity	4.5%
Tata Consultancy Services Ltd.	Technology	Equity	4.0%
Larsen & Toubro Ltd.	Construction	Equity	3.8%
Axis Bank Ltd.	Financial	Equity	3.1%
Kotak Mahindra Bank Ltd.	Financial	Equity	3.0%
Hindustan Unilever Ltd.	Consumer Staples	Equity	2.6%

Rank (total assets)	#13 in India
Total AUM	₹1,02,127.67Cr

Date of Incorporation	26 Apr 2019

Fund benchmark	NIFTY 50 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹1,587.42Cr

Mirae Asset Nifty 50 ETF Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (51)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.05%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Ekta GalaDec 2020 - PresentView details

Vishal SinghAug 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Ekta Gala
Dec 2020 - Present
View details

Vishal Singh
Aug 2023 - Present
View details