MIRAE ASSET
NIFTY 50 ETF - (MAN50ETF)
(An open ended scheme replicating/tracking Nifty 50 Index)
| Type of Scheme | An open ended scheme replicating/tracking Nifty 50 Index |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Ms. Bharti Sawant (since inception) |
| Allotment Date | 20th November, 2018 |
| Benchmark Index | Nifty 50 TRI (Total Return Index) |
| Minimum Investment Amount |
Other Investors(Including Authorized Participants/ Large Investors): Application for subscription of the Units in Creation unit size can be made either:In exchange of Cash*[as determined by the AMC equivalent to the cost incurred towards the purchase of predefined basket of securities that represent the underlying index (i.e. Portfolio Deposit)], Cash component and other applicable transaction charges; or in exchange of Portfolio Deposit [i.e. by depositing basket of securities constituting Nifty 50 Index] along with the cash component and applicable transaction charges." There is no minimum investment, although units can be purchased/subscribed in round lots of 1 on the BSE/NSE (Stock Exchanges) on all the trading days. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: For Creation Unit Size: No Exit load will be levied on redemptions made by Authorized Participants / Large Investors directly with the Fund in Creation Unit Size.For other than Creation Unit Size: Not Applicable -The Units of MAN 50 ETF in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days. |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on August 31, 2020 | 38.88 |
| Net AUM (₹ Cr.) | 48.50 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on August 31, 2020 | 0.08% |
| ANY DATE SIP provides one of the better investment experiences by allowing the investor to choose any investment date of the month (i.e., from 1st to 28th) depending upon the investors' expense and income flow. | |
| **For experience of Fund Managers Click Here | |
| ₹ 115.804 (Per Unit) |
Creation Unit size = 50,000 units
1 Unit approximately equal to 1/100th of the value of Nifty 50 Index
Edelweiss Securities Limited
East India Securities Limited
Mirae Asset Capital Markets (India) Private Limited
Live iNav is updated on Mirae Asset Website
NSE Symbol : MAN50ETF
BSE Code: 542131
Bloomberg Code: MAN50ETF IN Equity
Reuters Code: MIRA.NS
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 10.11% |
| ICICI Bank Ltd | 5.27% |
| Kotak Mahindra Bank Ltd | 4.24% |
| Axis Bank Ltd | 2.36% |
| State Bank of India | 1.69% |
| IndusInd Bank Ltd | 0.77% |
| Yes Bank Ltd | 0.00% |
| Software | |
| Infosys Ltd | 6.94% |
| Tata Consultancy Services Ltd | 4.94% |
| HCL Technologies Ltd | 1.54% |
| Tech Mahindra Ltd | 0.93% |
| Wipro Ltd | 0.84% |
| Petroleum Products | |
| Reliance Industries Ltd* | 13.76% |
| Bharat Petroleum Corporation Ltd | 0.68% |
| Indian Oil Corporation Ltd | 0.45% |
| Consumer Non Durables | |
| Hindustan Unilever Ltd | 3.92% |
| ITC Ltd | 3.44% |
| Asian Paints Ltd | 1.76% |
| Nestle India Ltd | 1.15% |
| Britannia Industries Ltd | 0.90% |
| Finance | |
| Housing Development Finance Corporation Ltd | 6.53% |
| Bajaj Finance Ltd | 1.87% |
| HDFC Life Insurance Company Ltd | 0.87% |
| Bajaj Finserv Ltd | 0.76% |
| Auto | |
| Maruti Suzuki India Ltd | 1.87% |
| Mahindra & Mahindra Ltd | 1.19% |
| Hero MotoCorp Ltd | 0.82% |
| Bajaj Auto Ltd | 0.81% |
| Eicher Motors Ltd | 0.62% |
| Tata Motors Ltd | 0.52% |
| Pharmaceuticals | |
| Sun Pharmaceutical Industries Ltd | 1.15% |
| Dr. Reddy's Laboratories Ltd | 1.09% |
| Cipla Ltd | 0.75% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.54% |
| Construction Project | |
| Larsen & Toubro Ltd | 2.40% |
| Cement | |
| UltraTech Cement Ltd | 0.94% |
| Shree Cement Ltd | 0.62% |
| Grasim Industries Ltd | 0.56% |
| Power | |
| NTPC Ltd | 0.97% |
| Power Grid Corporation of India Ltd | 0.95% |
| Ferrous Metals | |
| Tata Steel Ltd | 0.63% |
| JSW Steel Ltd | 0.56% |
| Consumer Durables | |
| Titan Company Ltd | 0.95% |
| Oil | |
| Oil & Natural Gas Corporation Ltd | 0.61% |
| Minerals/Mining | |
| Coal India Ltd | 0.58% |
| Pesticides | |
| UPL Ltd | 0.57% |
| Transportation | |
| Adani Ports and Special Economic Zone Ltd | 0.56% |
| Non - Ferrous Metals | |
| Hindalco Industries Ltd | 0.56% |
| Media & Entertainment | |
| Zee Entertainment Enterprises Ltd | 0.38% |
| Gas | |
| GAIL (India) Ltd | 0.36% |
| Telecom - Equipment & Accessories | |
| Bharti Infratel Ltd | 0.35% |
| Equity Holding Total | 99.68% |
| Cash & Other Receivables | 0.32% |
| Total | 100.00% |
*Includes "Partly Paid Shares"
| Returns (%) | ||||
| 1 Yr | SI | |||
| MAN50ETF | 3.93 |
4.78 |
||
| Scheme Benchmark* | 4.34 |
5.06 |
||
| NAV as on 31st August, 2020 | 115.804 | |||
| Index Value (31st August, 2020) | Index Value of benchmark is 16110.07 | |||
| Allotment Date | 20th November, 2018 | |||
| Scheme Benchmark | *Nifty 50 (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Ms. Bharti Sawant managing the scheme since November, 2018
3. The scheme is in existence for more than 1 year and less than 3 years.
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of the NIFTY 50, subject to tracking errors over long term
• Investment in equity securities covered by the NIFTY 50
• Degree of risk – MODERATELY HIGH
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 102.24. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 