
1,027
0.35%
0.36%
—
Low Risk
0.26
—
80.09
173.24
1.662
—
Bullish
48.14
137.30
116.43
The current market price of Mirae Asset Gold ETF is ₹146.72. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
The Mirae Asset Gold ETF, managed by Mirae Asset Investment Managers, aims to replicate the domestic price of gold through a passive investment strategy, making it an open-ended exchange-traded fund. This ETF's investment strategy focuses on tracking the domestic price of physical gold, with the benchmark set accordingly, ensuring alignment with gold market movements for investors. The portfolio is heavily concentrated in gold, with 97.82% allocation, reflecting a strong focus on precious metals, while cash and receivables constitute the remaining 2.18%, indicating minimal diversification. In the past year, the ETF has demonstrated impressive performance, achieving a change of +89.1%, showcasing its effectiveness in capturing gold price movements amid market fluctuations. With an expense ratio of 0.35% and a fund size of ₹1027.3 Cr, the ETF maintains a competitive cost structure, supported by a low tracking error of 0.36%, enhancing investor value.
Mirae Asset Gold ETF is designed to track Domestic Price of Physical Gold, allowing investors to gain exposure to its underlying securities through a single investment.
The expense ratio of Mirae Asset Gold ETF is 0.35%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.
The Assets Under Management (AUM) of Mirae Asset Gold ETF is approximately ₹1,027.32. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.
Mirae Asset Gold ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.
The tracking error of Mirae Asset Gold ETF is 0.36%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Mirae Asset Gold ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.
Based on available data, Mirae Asset Gold ETF has delivered the following returns: 1-year return: 80.42%. 3-year return: 163.36%. 5-year return: 163.36%. Past performance does not guarantee future results.
Before investing in Mirae Asset Gold ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.
| Company | Weightage (%) |
| Gold | 97.82% |
Bearish
1
Neutral
6
Bullish
7
Bearish
12
Neutral
6
Bullish
28
Bearish
11
Neutral
0
Bullish
21
Allocation
-private-limited/mirae.avif)
AUM
₹ 1,027 Cr
Expense Ratio
0.35%
71.55
▲ 1.06%
11.29
▲ 3.01%
211.75
▲ 1.73%
1071.21
▲ 0.01%
611.36
▲ 2.96%
88.13
▲ 1.92%
40.62
▲ 1.42%
11.94
▲ 3.20%
12.89
▲ 1.90%
85.89
▲ 2.78%
30.65
▲ 3.09%
29.56
▲ 0.58%
24.69
▲ 3.39%
334.49
▲ 2.62%
28.54
▲ 2.96%
156.07
▲ 3.19%
166.17
▲ 0.00%
13.27
▲ 3.51%
47.49
▲ 2.77%
146.72
▲ 4.43%
253.99
▲ 15.16%
42.72
▲ 3.44%
43.93
▲ 3.10%
16.26
▲ 2.65%
277.94
▲ 2.52%
1000.00
▲ 0.00%
43.26
▲ 4.34%
707.42
▲ 2.79%
22.30
▲ 3.00%
25.65
▼ 1.19%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
GOOD