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 Next 50 Total Return 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 Index (TRI) |
| 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 Next 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 May 31, 2022 | 99.99 |
| Net AUM (₹ Cr.) | 99.87 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2022 | 0.15% |
| **For experience of Fund Managers Click Here | |
| ₹ 392.186 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Live iNav is updated on Mirae Asset Website
NSE Symbol : MANXT50
BSE Code: 542922
Bloomberg Code: MANXT50 IN Equity
Reuters Code: MIRA.NS
| Portfolio Holdings | % Allocation | |
| Personal Products | ||
| Dabur India Ltd | 2.78% | |
| Godrej Consumer Products Limited | 2.67% | |
| Marico Limited | 2.54% | |
| Colgate Palmolive (India) Limited | 1.99% | |
| Procter & Gamble Hygiene and Health Care Limited | 0.74% | |
| Finance | ||
| Cholamandalam Investment and Finance Company Ltd | 2.46% | |
| Piramal Enterprises Limited | 2.33% | |
| SBI Cards and Payment Services Limited | 1.83% | |
| Bajaj Holdings & Investment Limited | 1.46% | |
| Muthoot Finance Limited | 1.14% | |
| Retailing | ||
| Avenue Supermarts Limited | 3.37% | |
| Info Edge (India) Ltd | 2.96% | |
| Zomato Limited | 0.60% | |
| FSN E-Commerce Ventures Limited | 0.48% | |
| Power | ||
| Adani Green Energy Limited | 3.70% | |
| Adani Transmission Limited | 3.22% | |
| Chemicals & Petrochemicals | ||
| SRF Limited | 3.29% | |
| Pidilite Industries Limited | 3.15% | |
| Pharmaceuticals & Biotechnology | ||
| Biocon Ltd | 1.40% | |
| Lupin Limited | 1.37% | |
| Torrent Pharmaceuticals Ltd | 1.28% | |
| Zydus Lifesciences Limited | 0.89% | |
| Gland Pharma Limited | 0.86% | |
| Metals & Minerals Trading | ||
| Adani Enterprises Limited | 5.48% | |
| Insurance | ||
| ICICI Lombard General Insurance Company Limited | 2.97% | |
| ICICI Prudential Life Insurance Company Limited | 1.86% | |
| Banks | ||
| Bandhan Bank Limited | 2.03% | |
| Bank of Baroda | 1.72% | |
| Punjab National Bank | 0.86% | |
| Cement & Cement Products | ||
| Ambuja Cements Limited | 2.49% | |
| ACC Limited | 1.71% | |
| Consumer Durables | ||
| Havells India Ltd | 2.77% | |
| Berger Paints (I) Limited | 1.37% | |
| IT - Software | ||
| MindTree Limited | 1.80% | |
| Larsen & Toubro Infotech Limited | 1.78% | |
| Diversified Metals | ||
| Vedanta Limited | 3.29% | |
| Petroleum Products | ||
| Indian Oil Corporation Ltd | 2.71% | |
| Gas | ||
| GAIL (India) Limited | 2.46% | |
| Beverages | ||
| United Spirits Limited | 2.22% | |
| Fertilizers & Agrochemicals | ||
| PI Industries Limited | 2.04% | |
| Electrical Equipment | ||
| Siemens Limited | 1.99% | |
| Realty | ||
| DLF Limited | 1.97% | |
| Leisure Services | ||
| Jubilant Foodworks Limited | 1.94% | |
| Transport Services | ||
| InterGlobe Aviation Limited | 1.63% | |
| Telecom - Services | ||
| Indus Towers Limited | 1.50% | |
| Minerals & Mining | ||
| NMDC Limited | 1.32% | |
| Capital Markets | ||
| HDFC Asset Management Company Limited | 1.15% | |
| Auto Components | ||
| Bosch Limited | 1.15% | |
| Ferrous Metals | ||
| Steel Authority of India Limited | 1.01% | |
| Financial Technology (Fintech) | ||
| One 97 Communications Limited | 0.34% | |
| Equity Holding Total | 100.05% | |
| Cash & Other Receivables | -0.05% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MANXT50ETF | 4.43% |
13.85% |
||
| Scheme Benchmark* | 4.47% |
14.22% |
||
| Additional Benchmark** | 8.39% |
14.48% |
||
| NAV as on 31st May, 2022 | 392.186 | |||
| Index Value (31st May, 2022) | Index Value of benchmark is 54,509.84 and of additional benchmark is 83,483.01 | |||
| Allotment Date | 24th January, 2020 | |||
| Scheme Benchmark | *Nifty Next 50 Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms. Ekta Gala managing the scheme since December 28, 2020
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
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
*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 ₹291.54. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option