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, providing investors with an equal-weighted exposure.

This ETF employs a tracking strategy focused on the BSE 200 Equal Weight (TRI), ensuring a consistent alignment with its benchmark through an open-ended structure, enhancing liquidity and flexibility for investors.

The portfolio showcases a diversified allocation with top holdings like Biocon Ltd. and Hyundai Motor India Ltd., each comprising 0.66%, while industry allocations reflect a balanced exposure across sectors, notably in Banks and Pharmaceuticals.

Over the past year, the fund delivered a commendable return of 14.0%, with a tracking error of 0.27%, indicating effective management and minimal deviation from benchmark performance, enhancing investor confidence.

With an AUM of ₹14.0 Cr and a low expense ratio of 0.34%, the ETF offers cost-efficient access to equity markets, supported by experienced fund managers, Ms. Ekta Gala and Mr. Akshay Udeshi.