- ETF
- Mirae Asset Nifty EV and New Age Automotive ETF (G)
Mirae Asset Nifty EV and New Age Automotive ETF (G)
₹ 29.1168
NAV
-1.7%
Change
Mirae Asset Nifty EV and New Age Automotive ETF (G) NAV
₹ 29.1168
NAV (Jan 10)
Mirae Asset Nifty EV and New Age Automotive ETF (G) returns
Last 1Y | - |
Last 3Y | - |
Last 5Y | - |
Last 10Y | - |
Since Inception | -12% |
6 Month CAGR | - |
Mirae Asset Nifty EV and New Age Automotive ETF (G) Information
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Expense Ratio | 0.45% |
Launched (<1Y) | 2024-07-10 |
AUM in Crores | 165.3 |
ISIN | INF769K01LQ3 |
Lock-in | No Lock-in |
Benchmark | Nifty EV and New Age Automotive Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Explore mirae asset global Mutual Funds
| Fund Name | Till Date CAGR | |
|---|---|---|
6.4% | 6.3% | |
6.5% | 6.7% | |
17.1% | 22.7% | |
18.9% | 24.7% | |
10% | 12.4% |
Compare similar ETF's
| Fund Name | Till Date CAGR | |
|---|---|---|
17.5% | 6.9% | |
17.1% | 10% | |
6.8% | 7.5% | |
6.8% | 5.9% | |
5.8% | 5.5% |
Asset allocation and Holdings
Top 10 Stock Holdings
Tata Motors Ltd. | 9.3 % |
Maruti Suzuki India Ltd. | 8.4 % |
Bajaj Auto Ltd. | 7.7 % |
Mahindra & Mahindra Ltd. | 7.7 % |
KPIT Technologies Ltd. | 4.5 % |
L&T Technology Services Ltd. | 4.2 % |
Sona BLW Precision Forgings Ltd. | 4.1 % |
CG Power and Industrial Solutions Ltd. | 4.1 % |
Reliance Industries Ltd. | 4 % |
Bosch Ltd. | 4 % |
Compare ETFs
Mirae Asset Nifty EV and New Age Automotive ETF (G) Review
Mirae Asset Nifty EV and New Age Automotive ETF (G) is an Exchange Traded Fund which is benchmarked to . Mirae Asset Nifty EV and New Age Automotive ETF (G) is managed by the Mirae Asset Mutual Fund with the fund managers being Akshay Udeshi, Ekta Gala. The Mirae Asset Nifty EV and New Age Automotive ETF (G) was launched on 2024-07-10 with no lock-in period. Since its inception, the fund has delivered -11.971% as a return on investment.
As on 10 Jan, 2025 the NAV of the fund is Rs 29.12 and the AUM is Rs 165.30 crores. The fund charges an expense ratio of 0.45% 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 , 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 EV and New Age Automotive 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 EV and New Age Automotive ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.