The Mirae Asset BSE 200 Equal Weight ETF, managed by Mirae Asset Investment Managers, aims to replicate the BSE 200 Equal Weight Total Return Index, offering an open-ended investment scheme.

With a tracking error of 0.27%, the ETF employs an equal-weighted strategy, ensuring diversified exposure across its benchmark, the BSE 200 Equal Weight (TRI).

The portfolio consists primarily of equities, with notable holdings including Biocon Ltd. and Hyundai Motor India Ltd., reflecting a balanced allocation across various sectors and minimizing concentration risk.

Over the past year, the ETF has demonstrated strong performance with a return of 17.7%, showcasing its effectiveness in tracking the benchmark under prevailing market conditions.

Operating with an expense ratio of 0.34% and an AUM of ₹14.0 Cr, this ETF offers efficient access to a diversified equity portfolio with minimal costs.