• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Nifty India Manufacturing ETF Fund of Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Nifty India Manufacturing ETF Fund of Fund (Growth)

EquityFund Of Funds

18.419

NAV (Jun 24)

28.7%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

18.419

NAV (Jun 24)

Fund Returns

Last 1Y
62.1%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
29%
6 Month CAGR
36.3%

Scheme Information

Investment Objective

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India Manufacturing ETF. There is no assurance that the investment objective of the Scheme will be realized.

Expense Ratio
0.92
Launched (2y ago)
Jan 31, 2022
AUM in Crores
87.163
ISIN
INF769K01HW9
Lock-in
No Lock-in
Benchmark
Nifty India Manufacturing TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Vishal Singh

Fund Manager

Ekta Gala

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Nifty India Manufacturing ETF Fund of Fund (Growth)70%39,14,068 31,81,45658.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-24

Top Stock Holdings

mirae asset nifty india mfg etf

99.7%
99.7%

treps

0.6%
0.6%

net receivables / (payables)

0.3%
0.3%
See all holdings

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 15,161 cr

₹ 19,454 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 66,383 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 166,402 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
phone-img022-67800300
Fund NameScripbox Opinion
Till Date CAGR

17.7%

19.5%

16.9%

19%

24.1%

28.8%

14.3%

21.4%

10.5%

11.8%

Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) Review

Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is a Fund Of Funds Equity fund and has delivered an annualised return of 28.7% over a period of 2 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Ekta Gala, Vishal Singh.

Nav of Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) as of 6/24/2024 is ₹18.42 with the total AUM as of 6/25/2024 is ₹87.163. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) was launched on Jan 31, 2022. The category risk of the fund is Very High Risk.

The minimum SIP amount for Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty India Manufacturing TR INR.

Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is rated as a 0 fund in Equity and delivered 58.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G).

Frequently Asked Questions

What is Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G)?

Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is a Fund Of Funds Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G)?

You can invest in Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G)?

The minimum sip amount for Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Nifty India Manufacturing ETF Fund of Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G)?

The expense ratio of the Mirae Asset Nifty India Manufacturing ETF Fund of Fund (G) is 0.92% for regular plan.