MIRAE ASSET
NIFTY Next 50 ETF - (NSE Symbol : MANXT50, BSE Code: 542922)
(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 February 28, 2023 | 96.35 |
| Net AUM (₹ Cr.) | 95.36 |
| 1 Year Tracking Error is ~ | 14.4 bps |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2023 | 0.15% |
| **For experience of Fund Managers Click Here | |
| Portfolio Holdings | % Allocation |
Personal Products |
|
Godrej Consumer Products Ltd |
3.42% |
Dabur India Ltd |
2.96% |
Marico Ltd |
2.49% |
Colgate Palmolive (India) Ltd |
1.92% |
Procter & Gamble Hygiene and Health Care Ltd |
0.55% |
Finance |
|
Cholamandalam Investment and Finance Company Ltd |
2.92% |
SBI Cards and Payment Services Ltd |
2.15% |
Bajaj Holdings & Investment Ltd |
1.16% |
Muthoot Finance Ltd |
1.03% |
Cement & Cement Products |
|
Shree Cement Ltd |
3.41% |
Ambuja Cements Ltd |
2.46% |
ACC Ltd |
1.37% |
Chemicals & Petrochemicals |
|
Pidilite Industries Ltd |
3.43% |
SRF Ltd |
3.08% |
Retailing |
|
Info Edge (India) Ltd |
2.65% |
Avenue Supermarts Ltd |
2.08% |
FSN E-Commerce Ventures Ltd |
0.82% |
Zomato Ltd |
0.78% |
IT - Software |
|
LTIMindtree Ltd |
4.24% |
MphasiS Ltd |
1.65% |
Aerospace & Defense |
|
Bharat Electronics Ltd |
3.32% |
Hindustan Aeronautics Ltd |
2.11% |
Insurance |
|
ICICI Lombard General Insurance Company Ltd |
2.75% |
ICICI Prudential Life Insurance Company Ltd |
1.55% |
Life Insurance Corporation Of India |
0.62% |
Power |
|
Tata Power Company Ltd |
3.36% |
Adani Transmission Ltd |
0.76% |
Adani Green Energy Ltd |
0.72% |
Banks |
|
Bank of Baroda |
2.90% |
Bandhan Bank Ltd |
1.71% |
Consumer Durables |
|
Havells India Ltd |
2.94% |
Berger Paints (I) Ltd |
1.38% |
Gas |
|
GAIL (India) Ltd |
2.71% |
Adani Total Gas Ltd |
0.80% |
Auto Components |
|
Bosch Ltd |
1.51% |
Samvardhana Motherson International Ltd |
1.48% |
Diversified Metals |
|
Vedanta Ltd |
2.93% |
Petroleum Products |
|
Indian Oil Corporation Ltd |
2.84% |
Electrical Equipment |
|
Siemens Ltd |
2.83% |
Pharmaceuticals & Biotechnology |
|
Torrent Pharmaceuticals Ltd |
1.31% |
Biocon Ltd |
1.00% |
Gland Pharma Ltd |
0.34% |
Fertilizers & Agrochemicals |
|
PI Industries Ltd |
2.44% |
Beverages |
|
United Spirits Ltd |
2.16% |
Realty |
|
DLF Ltd |
2.13% |
Transport Services |
|
InterGlobe Aviation Ltd |
1.96% |
Leisure Services |
|
Indian Railway Catering And Tourism Corporation Ltd |
1.81% |
Capital Markets |
|
HDFC Asset Management Company Ltd |
1.40% |
Telecom - Services |
|
Indus Towers Ltd |
1.40% |
Financial Technology (Fintech) |
|
One 97 Communications Ltd |
0.23% |
Equity Holding Total |
99.96% |
Cash & Other Receivables |
0.04% |
Total |
100.00% |
| ₹ 375.9766 (Per Unit) |
| Returns (in%) | ||||||
| 1 Yr | 3 Yrs | SI | ||||
| MANXT50ETF | -6.28% |
12.31% |
8.83% |
|||
| Scheme Benchmark* | -6.08% |
13.02% |
9.23% |
|||
| Additional Benchmark** | 6.19% |
16.86% |
13.23% |
|||
| NAV as on 28th February, 2023 | ₹ 375.9766 | |||||
| Index Value (28th February, 2023) | Index Value of benchmark is 52,428.35 and of additional benchmark is 89,281.77 |
|||||
| 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.
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
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MANXT50
BSE Code: 542922
Bloomberg Code: MANXT50 IN Equity
Reuters Code: MIRA.NS
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 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.