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Blog

Mirae Asset Nifty India Manufacturing ETF FoF Direct Growth

Equity
Thematic
Very High Risk
23.79%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
All
NAV: 15 Jul 2025₹18.45
Min. SIP amount₹99
RatingNA
Fund size₹112.94Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)

Holdings (1)

NameSectorInstrumentAssets
Mirae Asset Nifty India Manufacturing ETF - Growth
NAMutual Fund99.94%

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Returns and rankings

Category: Equity Thematic
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA-3.3%23.8%19.1%
Category averageNA-2.3%22.4%NA
Rank with in categoryNA5615NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 0.09%

Inclusive of GST

Exit load

Exit load of 0.05%, if redeemed within 15 Days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Fund management

Akshay Udeshi
Mar 2025 - Present
View details

Education
Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Experience
Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Also manages these schemes
Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct Growth
Mirae Asset NYSE FANG+ ETF FoF Direct Growth
Mirae Asset S&P 500 Top 50 ETF FoF Direct Growth
Mirae Asset Hang Seng TECH ETF FoF Direct Growth
Mirae Asset Nifty India Manufacturing ETF FoF Direct Growth
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct Growth
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct Growth
Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct Growth
Mirae Asset Gold ETF FoF Direct Growth
Mirae Asset Nifty India New Age Consumption ETF FoF Direct Growth
Mirae Asset BSE Select IPO ETF FoF Direct Growth

Fund house & investment objective

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
30 Nov 2007
E-mail
NA
Website
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
NA
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

Pros and cons

Category: Equity Thematic

Pros

Lower expense ratio: 0.09%
3Y annualised returns higher than category average by 1.37%
Higher alpha: 3.6 The fund has generated returns higher than benchmark - Nifty India Manufacturing Total Return Index - in the last 3Y

Cons

1Y annualised returns lower than category average by 1.05%

Compare funds

Mirae Asset Nifty India Manufacturing ETF FoF Direct Growth
VS
Add mutual fund to compare
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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