MIRAE ASSET
NIFTY Next 50 ETF - (MANXT50ETF) $
(Exchange Traded Fund (ETF) - An open ended scheme replicating/tracking Nifty Next 50 Total Return Index)
| Type of Scheme | An open ended scheme replicating/tracking Nifty Next 50 Total Return 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. Ekta Gala (since December 28, 2020) |
| Allotment Date | 24th January, 2020 |
| Benchmark Index | Nifty Next 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 MANXT50ETF 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 February 28, 2021 | 54.25 |
| Net AUM (₹ Cr.) | 54.68 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 | 0.14% |
| **For experience of Fund Managers Click Here | |
| ₹ 340.362 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
| Portfolio Holdings | % Allocation | |
| Consumer Non Durables | ||
| Tata Consumer Products Ltd | 3.81% | |
| Dabur India Ltd | 2.97% | |
| Godrej Consumer Products Ltd | 2.71% | |
| Colgate Palmolive (India) Ltd | 2.20% | |
| Marico Ltd | 2.15% | |
| Berger Paints (I) Ltd | 1.73% | |
| United Spirits Ltd | 1.67% | |
| United Breweries Ltd | 1.35% | |
| Procter & Gamble Hygiene and Health Care Ltd | 1.27% | |
| Finance | ||
| ICICI Lombard General Insurance Company Ltd | 3.25% | |
| Piramal Enterprises Ltd | 2.29% | |
| Bajaj Holdings & Investment Ltd | 1.90% | |
| ICICI Prudential Life Insurance Company Ltd | 1.87% | |
| HDFC Asset Management Company Ltd | 1.63% | |
| SBI Cards and Payment Services Ltd | 1.58% | |
| Power Finance Corporation Ltd | 1.51% | |
| Muthoot Finance Ltd | 1.47% | |
| General Insurance Corporation of India | 0.49% | |
| Pharmaceuticals | ||
| Lupin Ltd | 2.56% | |
| Aurobindo Pharma Ltd | 2.51% | |
| Biocon Ltd | 1.81% | |
| Torrent Pharmaceuticals Ltd | 1.25% | |
| Alkem Laboratories Ltd | 1.19% | |
| Cadila Healthcare Ltd | 1.16% | |
| Abbott India Ltd | 0.80% | |
| Power | ||
| Adani Green Energy Ltd | 4.74% | |
| Adani Transmission Ltd | 2.16% | |
| Software | ||
| Info Edge (India) Ltd | 3.89% | |
| Larsen & Toubro Infotech Ltd | 1.71% | |
| Oracle Financial Services Software Ltd | 0.74% | |
| Retailing | ||
| Avenue Supermarts Ltd | 4.66% | |
| Banks | ||
| Bandhan Bank Ltd | 2.44% | |
| Bank of Baroda | 1.07% | |
| Punjab National Bank | 1.03% | |
| Auto Ancillaries | ||
| Motherson Sumi Systems Ltd | 2.68% | |
| Bosch Ltd | 1.33% | |
| Gas | ||
| Petronet LNG Ltd | 2.00% | |
| Indraprastha Gas Ltd | 1.80% | |
| Cement | ||
| Ambuja Cements Ltd | 2.10% | |
| ACC Ltd | 1.53% | |
| Transportation | ||
| InterGlobe Aviation Ltd | 1.63% | |
| Container Corporation of India Ltd | 1.60% | |
| Consumer Durables | ||
| Havells India Ltd | 2.89% | |
| Chemicals | ||
| Pidilite Industries Ltd | 2.69% | |
| Telecom - Equipment & Accessories | ||
| Indus Towers Ltd | 2.54% | |
| Construction | ||
| DLF Ltd | 1.96% | |
| Petroleum Products | ||
| Hindustan Petroleum Corporation Ltd | 1.88% | |
| Industrial Capital Goods | ||
| Siemens Ltd | 1.72% | |
| Minerals/Mining | ||
| NMDC Ltd | 1.22% | |
| Non - Ferrous Metals | ||
| Hindustan Zinc Ltd | 0.79% | |
| Equity Holding Total | 99.94% | |
| Cash & Other Receivables | 0.06% | |
| Total | 100.00% | |
| Returns (%) | ||||
| 1 Yr | SI | |||
| MANXT50ETF | 28.37 |
16.11 |
||
| Scheme Benchmark* | 30.31 |
17.70 |
||
| NAV as on 26th Febraury, 2021 | 340.362 | |||
| Index Value (26th February, 2021) | Index Value of benchmark is 47,279.07. | |||
| Allotment Date | 24th January, 2020 | |||
| Scheme Benchmark | *Nifty Next 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. Ekta Gala managing the scheme since December 28, 2020
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of the NIFTY Next 50, subject to tracking errors over long term
• Investment in equity securities covered by the NIFTY Next 50
• Degree of risk – Very 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 ₹289.43. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 