Name: Mirae Asset Nifty Next 50 ETF Growth
Brand: Mirae Asset Mutual Fund

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Mirae Asset Nifty Next 50 ETF Growth
Other
Index
Very High Risk
66.34%
1Y return
-0.84% 1D
1M
6M
1Y
All
 NAV: 24 Sep 2021₹429.52
Min. SIP amountNA
RatingNA
Fund size₹77.82 Cr
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
Absolute returns
3M6M1YAll
Fund returns12.5%25.9%66.3%48.4%
Category averageNANA48.0%NA
Rank with in category881028NA
Understand termsinfo
Holdings (50)NameSectorInstrumentAssets
Apollo Hospitals Enterprise Ltd.
HealthcareEquity4.2%
Info Edge (India) Ltd.
ServicesEquity4.0%
Avenue Supermarts Ltd.
ServicesEquity3.8%
Adani Enterprises Ltd.
ServicesEquity3.7%
Godrej Consumer Products Ltd.
FMCGEquity3.5%
Vedanta Ltd.
MetalsEquity3.2%
Dabur India Ltd.
FMCGEquity3.0%
Adani Green Energy Ltd.
EngineeringEquity3.0%
ICICI Lombard General Insurance Company Ltd.
InsuranceEquity2.9%
Pidilite Industries Ltd.
ChemicalsEquity2.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Other Index
thumb_up_altPros
Lower expense ratio - 0.15%
1Y Returns are higher than the category average returns
Exit load is zero
thumb_down_altCons
Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
Age is less than 5 years
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 2021 - Present
0.15%
31 Jul 2021 - 31 Aug 2021
0.15%
30 Jun 2021 - 31 Jul 2021
0.15%
31 May 2021 - 30 Jun 2021
0.14%
30 Apr 2021 - 31 May 2021
0.13%
31 Mar 2021 - 30 Apr 2021
0.14%
28 Feb 2021 - 31 Mar 2021
0.14%
31 Jan 2021 - 28 Feb 2021
0.14%
31 Dec 2020 - 31 Jan 2021
0.14%
30 Nov 2020 - 31 Dec 2020
0.13%
31 Oct 2020 - 30 Nov 2020
0.14%
30 Sep 2020 - 31 Oct 2020
0.14%
31 Aug 2020 - 30 Sep 2020
0.14%
31 Jul 2020 - 31 Aug 2020
0.14%
30 Jun 2020 - 31 Jul 2020
0.14%
31 May 2020 - 30 Jun 2020
0.14%
30 Apr 2020 - 31 May 2020
0.14%
31 Mar 2020 - 30 Apr 2020
0.14%
29 Feb 2020 - 31 Mar 2020
0.14%
31 Jan 2020 - 29 Feb 2020
0.15%
Expense ratio, exit load and taxExpense ratio: 0.15%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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementBharti Sawant
Jan 2020 - Present
View details
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Education
Ms. Sawant is an M.S. Finance ( ICFAI Hyderabad ), CFA and B.Com.
Experience
Prior to joining Mirae Asset Mutual Fund, She was associated with Sushil Finance Securities Pvt. Ltd., Latin Manharlal Securities Pvt. Ltd. and Kabu Shares and Stocking Pvt. Ltd. for Financial Analysis and Research.
Also manages these schemes
Mirae Asset Nifty 50 ETF Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Equity Savings Fund Direct IDCW
Mirae Asset Equity Savings Fund Regular Growth
Mirae Asset Equity Savings Fund Regular IDCW
Mirae Asset Nifty Next 50 ETF Growth
Mirae Asset Equity Allocator FoF Direct Growth
Mirae Asset Equity Allocator FoF Regular Growth
Ekta Gala
Jan 2021 - Present
View details
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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 ESG Sector Leaders ETF Growth
Mirae Asset ESG Sector Leaders FoF Regular IDCW
Mirae Asset ESG Sector Leaders FoF Direct Growth
Mirae Asset ESG Sector Leaders FoF Direct IDCW
Mirae Asset ESG Sector Leaders 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
Fund house & investment objective
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Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM70,165.29 Cr
Date of Incorporation30 Nov 2007
Mirae Asset Nifty Next 50 ETF Growth is a Other Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors 
Mirae Asset Nifty Next 50 ETF Growth is a Other Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Bharti Sawant is the Current Fund Manager of Mirae Asset Nifty Next 50 ETF Growth fund. The fund currently has an Asset Under Management(AUM) of ₹70,165 Cr and the Latest NAV as of 24 Sep 2021 is ₹429.52.
The Mirae Asset Nifty Next 50 ETF Growth is rated Very High risk. ...Read more
Investment Objective
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Next 50 Total Return Index, subject to 
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Next 50 Total Return Index, subject to tracking error.
...Read more
Fund benchmarkNIFTY Next 50 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
E-mail
[email protected]
Website
NA
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
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	3M	6M	1Y	All
Fund returns	12.5%	25.9%	66.3%	48.4%
Category average	NA	NA	48.0%	NA
Rank with in category	88	10	28	NA

Name	Sector	Instrument	Assets
Apollo Hospitals Enterprise Ltd.	Healthcare	Equity	4.2%
Info Edge (India) Ltd.	Services	Equity	4.0%
Avenue Supermarts Ltd.	Services	Equity	3.8%
Adani Enterprises Ltd.	Services	Equity	3.7%
Godrej Consumer Products Ltd.	FMCG	Equity	3.5%
Vedanta Ltd.	Metals	Equity	3.2%
Dabur India Ltd.	FMCG	Equity	3.0%
Adani Green Energy Ltd.	Engineering	Equity	3.0%
ICICI Lombard General Insurance Company Ltd.	Insurance	Equity	2.9%
Pidilite Industries Ltd.	Chemicals	Equity	2.9%

Rating	NA
Fund size	₹77.82 Cr