MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF - (NSE Symbol : MAMFGETF, BSE Code: 543454)
(Exchange Traded Fund - An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF)
| Type of Scheme | Exchange Traded Fund - An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Ms. Ekta Gala (since January 27, 2022) |
| Allotment Date | 27th January 2022 |
| Benchmark Index | Nifty India Manufacturing Index (TRI) |
| Minimum Investment Amount |
On exchange: In multiples of 1 units; Directly with AMC ( in multiples of 100,000 units) |
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 MAMFGETF 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 April 30, 2023 | 77.53 |
| Net AUM (₹ Cr.) | 79.07 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.04% |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 30, 2023 | 0.43% |
| **For experience of Fund Managers Click Here | |
| ₹ 84.1597 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
| Portfolio Holdings | % Allocation |
| Automobiles | |
| Maruti Suzuki India Ltd | 4.15% |
| Mahindra & Mahindra Limited | 4.00% |
| Tata Motors Limited | 3.11% |
| Bajaj Auto Limited | 1.82% |
| Eicher Motors Ltd | 1.64% |
| Hero MotoCorp Limited | 1.21% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 4.70% |
| Dr. Reddy's Laboratories Ltd | 3.33% |
| Cipla Limited | 2.65% |
| Divi's Laboratories Ltd | 2.32% |
| Lupin Limited | 0.95% |
| Torrent Pharmaceuticals Ltd | 0.84% |
| Laurus Labs Limited | 0.67% |
| Industrial Products | |
| Cummins India Limited | 1.37% |
| APL Apollo Tubes Limited | 1.32% |
| Bharat Forge Limited | 1.32% |
| Supreme Industries Limited | 1.13% |
| Astral Limited | 1.10% |
| Polycab India Limited | 0.92% |
| AIA Engineering Limited | 0.69% |
| SKF India Limited | 0.62% |
| Grindwell Norton Limited | 0.57% |
| Graphite India Limited | 0.13% |
| Chemicals & Petrochemicals | |
| SRF Limited | 2.05% |
| Pidilite Industries Limited | 2.05% |
| Navin Fluorine International Limited | 0.92% |
| Tata Chemicals Ltd | 0.82% |
| Deepak Nitrite Limited | 0.77% |
| Gujarat Fluorochemicals Limited | 0.74% |
| Atul Limited | 0.61% |
| Solar Industries India Limited | 0.52% |
| Linde India Limited | 0.47% |
| Ferrous Metals | |
| Tata Steel Ltd | 4.85% |
| JSW Steel Limited | 3.80% |
| Petroleum Products | |
| Reliance Industries Ltd | 5.06% |
| Bharat Petroleum Corporation Limited | 1.90% |
| Indian Oil Corporation Ltd | 1.66% |
| Consumer Durables | |
| Havells India Ltd | 1.72% |
| Voltas Ltd | 1.02% |
| Crompton Greaves Consumer Electricals Limited | 0.90% |
| Dixon Technologies (India) Limited | 0.60% |
| Bata India Limited | 0.53% |
| Kajaria Ceramics Ltd | 0.50% |
| Relaxo Footwears Limited | 0.34% |
| Auto Components | |
| Tube Investments of India Limited | 0.98% |
| MRF Limited | 0.65% |
| Bosch Limited | 0.60% |
| Balkrishna Industries Ltd | 0.60% |
| Samvardhana Motherson International Limited | 0.54% |
| Sona BLW Precision Forgings Limited | 0.47% |
| Schaeffler India Limited | 0.41% |
| Motherson Sumi Wiring India Limited | 0.33% |
| Fertilizers & Agrochemicals | |
| UPL Limited | 2.13% |
| PI Industries Limited | 1.51% |
| Coromandel International Limited | 0.62% |
| Chambal Fertilizers & Chemicals Limited | 0.25% |
| Electrical Equipment | |
| Siemens Limited | 1.97% |
| CG Power and Industrial Solutions Limited | 1.27% |
| ABB India Limited | 1.16% |
| Non - Ferrous Metals | |
| Hindalco Industries Limited | 3.54% |
| Hindustan Zinc Limited | 0.44% |
| Hindustan Copper Limited | 0.19% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 2.38% |
| Hindustan Aeronautics Limited | 1.57% |
| Textiles & Apparels | |
| Page Industries Ltd | 1.35% |
| K.P.R. Mill Limited | 0.29% |
| Trident Limited | 0.20% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Limited | 1.35% |
| Escorts Kubota Limited | 0.42% |
| Diversified Metals | |
| Vedanta Limited | 1.73% |
| Industrial Manufacturing | |
| Honeywell Automation India Limited | 0.50% |
| Mazagon Dock Shipbuilders Limited | 0.15% |
| Equity Holding Total | 100.03% |
| Cash & Other Receivables Total | -0.03% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAMFOF | 4.06% |
6.63% |
||
| Scheme Benchmark* | 4.51% |
7.11% |
||
| Additional Benchmark** | 8.48% |
6.57% |
||
| NAV as on 28th April, 2023 | ₹ 84.1597 | |||
| Index Value (28th April, 2023) | Index Value of benchmark is 10,671.84 and S&P BSE Sensex (TRI) is 92,568.15 |
|||
| Allotment Date | 27th January, 2022 | |||
| Scheme Benchmark | *Nifty India Manufacturing Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms.Ekta Gala managing the scheme since January 27, 2022.
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 ₹ 77.676. 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
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error over long term
• Investment in equity securities coverd by Nifty India Manufacturing 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 : MAMFGETF
BSE Code: 543454
Bloomberg Code: MAMFGETF IN Equity
Reuters Code: MIRA.NS