Fund Details
Mirae Asset Nifty Next 50 ETF Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.13% |
| NAV | ₹381.71 (24 Jun 2021) |
|---|---|
| Fund Started | 24 Jan 2020 |
| Fund Size | ₹66 Cr |
Returns
Comparison
1. Lower expense ratio - 0.13%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Green Energy Ltd. | Engineering | Equity | 3.6% |
| Adani Enterprises Ltd. | Services | Equity | 3.3% |
| Avenue Supermarts Ltd. | Services | Equity | 3.3% |
| Vedanta Ltd. | Metals | Equity | 3.2% |
| Info Edge (India) Ltd. | Services | Equity | 3.1% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.0% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 2.9% |
| Adani Transmission Ltd. | Engineering | Equity | 2.9% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.9% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.9% |
Fund Managers
Mirae Asset Nifty Next 50 ETF Regular Growth Details
Mirae Asset Nifty Next 50 ETF Regular Growth is a Other Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 24 Jan 2020. Bharti Sawant is the Current Fund Manager of Mirae Asset Nifty Next 50 ETF Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹66 Cr and the Latest NAV as of 24 Jun 2021 is ₹381.71.
The Mirae Asset Nifty Next 50 ETF Regular Growth is rated Very High risk.
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 tracking error.
Tax Implications
Returns 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.
