Mirae Asset Nifty Next 50 ETF (G)

Mirae Asset Nifty Next 50 ETF (G) is an Exchange Traded Fund which is benchmarked to . Mirae Asset Nifty Next 50 ETF (G) is managed by the Mirae Asset Mutual Fund with the fund managers being Ekta Gala, Vishal Singh. The Mirae Asset Nifty Next 50 ETF (G) was launched on 2020-01-24 with no lock-in period. Since its inception, the fund has delivered 19.205% as a return on investment.The fund has delivered a 1-year return of 28.528%, a 3-year return of 17.999%.

As on 2 Jan, 2025 the NAV of the fund is Rs 703.38 and the AUM is Rs 448.50 crores. The fund charges an expense ratio of 0.05% 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 Next 50 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 Next 50 ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.