Mirae Asset Nifty Financial Services ETF
Fund House: Mirae Asset Mutual Fund| Category: ETFs |
| Launch Date: 30-07-2021 |
| Asset Class: |
| Benchmark: NIFTY Financial Services TRI |
| TER: 0.12% As on (30-08-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 0.0 |
| Total Assets: 265.87 Cr As on 30-08-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
24.999
0.08 (0.3144%)
14.12%
Benchmark: 17.95%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 11 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | |
| Alpha | |
| Beta | |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty Financial Services ETF | 30-07-2021 | 20.44 | 15.86 | 10.6 | - | - |
| CPSE ETF | 05-03-2014 | 83.33 | 60.94 | 51.59 | 33.56 | - |
| Motilal Oswal BSE Enhanced Value ETF | 22-08-2022 | 64.46 | 57.34 | - | - | - |
| Kotak Nifty Alpha 50 ETF | 22-12-2021 | 63.24 | 38.08 | - | - | - |
| Aditya Birla Sunlife Nifty Next 50 ETF | 01-12-2018 | 62.24 | 30.34 | 20.73 | 24.31 | - |
| UTI Nifty Next 50 Exchange Traded Fund | 05-07-2017 | 62.13 | 30.33 | 20.72 | 24.34 | - |
| ICICI Prudential Nifty Next 50 ETF | 05-08-2018 | 62.13 | 30.32 | 20.71 | 24.22 | - |
| SBI Nifty Next 50 ETF | 05-03-2015 | 62.1 | 30.32 | 20.66 | 24.19 | - |
| Mirae Asset Nifty Next 50 ETF (MANxt50ETF) | 05-01-2020 | 62.04 | 30.13 | 20.62 | - | - |
| HDFC NIFTY NEXT 50 ETF - Growth Option | 05-08-2022 | 62.01 | 30.14 | - | - | - |
Scheme Characteristics
Minimum investment in securities of a particular index (which is being replicated/ tracked) - 95% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
0.38%
Others
0.21%
Large Cap
94.57%
Mid Cap
4.86%
