Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹18.6230 -0.74%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan
|
|
Very High
|
Please wait... |
0.07 |
||
|
|
Very High
|
Please wait... |
0.44 |
|||
|
|
Very High
|
Please wait... |
-- |
|||
|
|
Very High
|
Please wait... |
0.57 |
|||
|
|
Very High
|
Please wait... |
0.39 |
₹114 Cr
0.50 (90)
5,000
--
500
5
Investment Strategy
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India Manufacturing ETF.
Suitability
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Capital Gains Taxation
Dividend Taxation
Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan is a fund that invests mainly in companies that adhere to the narrow mandate mentioned in its investment objective.
Mutual funds can be bought directly from the website of the fund house. For instance, Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan fund can be purchased from the website of Mirae Asset Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan is ₹18.6230 as of 14-Aug-2024.
The AUM of Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan Fund is ₹114 Cr as of 31-Jul-2024
The riskometer level of Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
100.76
|
As of 31-Jul-2024, Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan had invested 100.58% in Equity and -0.58% in Cash & Cash Eq. See More
Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan is 2 years 6 months old. It has delivered 27.81% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
51.14%
|
--
|
--
|
--
|
--
|
27.81%
|
No, There is no lock in period in Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan.
The expense ratio of Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan is 0.07.
Mutual Funds 
Mirae Asset Mirae Asset Nifty India Manufacturing ETF FoF - Direct Plan
