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)
Details as on April 30, 2023
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 April 30, 2023 101.53
Net AUM (₹ Cr.) 105.95
Tracking Error Value~
~1 Year Tracking Error is
0.13%
Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 30, 2023 0.15%
**For experience of Fund Managers Click Here
₹ 398.8386 (Per Unit)

Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited

Portfolio Holdings % Allocation
Personal Products
Godrej Consumer Products Limited
3.13%
Dabur India Ltd
2.84%
Colgate Palmolive (India) Limited
1.94%
Procter & Gamble Hygiene and Health Care Limited
0.49%
Finance
Cholamandalam Investment and Finance Company Ltd
3.13%
SBI Cards and Payment Services Limited
2.06%
Bajaj Holdings & Investment Limited
1.09%
Muthoot Finance Limited
1.01%
Cement & Cement Products
Shree Cement Limited
2.96%
Ambuja Cements Limited
2.65%
ACC Limited
1.30%
Chemicals & Petrochemicals
SRF Limited
3.36%
Pidilite Industries Limited
3.36%
Retailing
Info Edge (India) Ltd
2.66%
Avenue Supermarts Limited
1.84%
Zomato Limited
0.98%
FSN E-Commerce Ventures Limited
0.62%
Aerospace & Defense
Bharat Electronics Ltd
3.37%
Hindustan Aeronautics Limited
2.22%
Banks
Bank of Baroda
3.18%
Canara Bank
1.94%
Power
Tata Power Company Limited
2.69%
Adani Transmission Limited
1.02%
Adani Green Energy Limited
1.00%
Electrical Equipment
Siemens Limited
2.80%
ABB India Limited
1.65%
Insurance
ICICI Lombard General Insurance Company Limited
2.51%
ICICI Prudential Life Insurance Company Limited
1.54%
Life Insurance Corporation Of India
0.38%
Consumer Durables
Havells India Ltd
2.81%
Berger Paints (I) Limited
1.30%
IT - Software
LTIMindtree Limited
3.69%
Gas
GAIL (India) Limited
2.63%
Adani Total Gas Limited
0.96%
Beverages
United Spirits Limited
2.06%
Varun Beverages Limited
1.25%
Auto Components
Bosch Limited
1.51%
Samvardhana Motherson International Limited
1.36%
Diversified Metals
Vedanta Limited
2.84%
Petroleum Products
Indian Oil Corporation Ltd
2.72%
Agricultural Food & other Products
Marico Limited
2.34%
Adani Wilmar Limited
0.24%
Fertilizers & Agrochemicals
PI Industries Limited
2.48%
Realty
DLF Limited
2.40%
Textiles & Apparels
Page Industries Ltd
2.21%
Transport Services
InterGlobe Aviation Limited
1.99%
Leisure Services
Indian Railway Catering And Tourism Corporation Limited
1.71%
Pharmaceuticals & Biotechnology
Torrent Pharmaceuticals Ltd
1.37%
Capital Markets
HDFC Asset Management Company Limited
1.27%
Telecom - Services
Indus Towers Limited
1.18%
Equity Holding Total
99.98%
Cash & Other Receivables
0.02%
Total
100.00%

Growth of Rs. 10,000 invested at inception: 13,681

Returns (in%)
1 Yr 3 Yrs SI
MANXT50ETF
-6.76%
18.23%
10.09%
Scheme Benchmark*
-6.41%
18.94%
10.76%
Additional Benchmark**
8.51%
23.36%
13.79%
NAV as on 28th April, 2023 ₹ 398.8386
Index Value (28th April, 2023) Index Value of benchmark is 55,650.28 and of additional benchmark is 92,568.15
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

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.


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