Mirae Asset Nifty 100 Low Volatility 30 ETF (G)

Mirae Asset Nifty 100 Low Volatility 30 ETF (G) is an Exchange Traded Fund which is benchmarked to Nifty100 Low Volatility 30 TR INR. Mirae Asset Nifty 100 Low Volatility 30 ETF (G) is managed by the Mirae Asset Investment Managers (India) Private Limited with the fund managers being Ekta Gala, Vishal Singh. The Mirae Asset Nifty 100 Low Volatility 30 ETF (G) was launched on Mar 24, 2023 with no lock-in period. Since its inception, the fund has delivered 36.7% as a return on investment. The fund has delivered a 1-year return of 36.1%, a 3-year return of null%, and a 5-year return of null%.

As on 26 Apr, 2024 the NAV of the fund is Rs 179.41 and the AUM is Rs 9.38 crores. The fund charges an expense ratio of 0.26% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to Nifty100 Low Volatility 30 TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Mirae Asset Nifty 100 Low Volatility 30 ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Mirae Asset Nifty 100 Low Volatility 30 ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.