MIRAE ASSET
NIFTY 100 LOW VOLATILITY 30 ETF$ (NSE Symbol : MANV30F, BSE Code: 543858)
(Exchange Traded Fund (ETF) - An open ended scheme replicating/tracking Nifty 100 Low Volatility 30 Total Return Index)
| Type of Scheme | Exchange Traded Fund (ETF) - An open ended scheme replicating/tracking Nifty 100 Low Volatility 30 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 100 Low Volatility 30 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Ms. Ekta Gala (since March 24, 2023) |
| Allotment Date | 24th March 2023 |
| Benchmark Index | Nifty 100 Low Volatility 30 TRI |
| Minimum Investment Amount^ |
Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Minimum amount of ₹25 crores for transacting directly with the AMC. Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. On exchange in multiple of 1 unit. With AMC: In multiples of 30,000 units |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: NIL |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on May 31, 2023 | 8.26 |
| Net AUM (₹ Cr.) | 8.43 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.03% |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2023 | 0.29% |
| **For experience of Fund Managers Click Here ^The said threshold limit shall not be applicable to the below mentioned investors and the AMC will allow direct transactions in ETF in Creation Unit size for below mentioned category of investors until October 31, 2023:- 1. Schemes managed by Employee Provident Fund Organisation, India. 2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961. |
|
| ₹ 139.7620 (Per Unit) |
| Portfolio Holdings | % Allocation |
| IT - Software | |
| Tata Consultancy Services Ltd | 3.56% |
| Wipro Ltd | 3.50% |
| HCL Technologies Limited | 3.49% |
| Infosys Ltd | 2.67% |
| Tech Mahindra Limited | 2.62% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 3.55% |
| Cipla Limited | 3.51% |
| Dr. Reddy's Laboratories Ltd | 3.29% |
| Food Products | |
| Nestle India Limited | 4.37% |
| Britannia Industries Ltd | 3.57% |
| Diversified FMCG | |
| ITC Ltd | 4.28% |
| Hindustan Unilever Ltd | 3.30% |
| Automobiles | |
| Bajaj Auto Limited | 3.82% |
| Hero MotoCorp Limited | 3.41% |
| Banks | |
| Kotak Mahindra Bank Ltd | 4.01% |
| HDFC Bank Ltd | 3.19% |
| Power | |
| Power Grid Corporation of India Ltd | 3.29% |
| NTPC Ltd | 3.16% |
| Petroleum Products | |
| Reliance Industries Ltd | 3.25% |
| Indian Oil Corporation Ltd | 3.21% |
| Consumer Durables | |
| Asian Paints Ltd | 3.29% |
| Berger Paints (I) Limited | 3.10% |
| Insurance | |
| SBI Life Insurance Company Limited | 3.18% |
| HDFC Life Insurance Company Ltd | 3.02% |
| Personal Products | |
| Colgate Palmolive (India) Limited | 2.91% |
| Dabur India Ltd | 2.82% |
| Construction | |
| Larsen & Toubro Ltd | 3.28% |
| Agricultural Food & other Products | |
| Marico Limited | 3.11% |
| Chemicals & Petrochemicals | |
| Pidilite Industries Limited | 3.04% |
| Cement & Cement Products | |
| UltraTech Cement Limited | 3.03% |
| Equity Holding Total | 99.83% |
| Cash & Other Receivables Total | 0.17% |
| Total | 100.00% |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
This product is suitable for investors who are seeking*
• Returns that commensurate with the performance of Nifty 100 Low Volatility 30 Total Return Index, subject to tracking error over long term
• Investment in equity securities covered by Nifty 100 Low Volatility 30 Total Return Index
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol :MANLV30ETF
BSE Code:543858
Bloomberg Code:MANLV30ETF IN Equity
Reuters Code: MIRA.NS
