
1,775
0.35%
0.36%
—
Low Risk
0.30
—
80.09
173.24
1.868
—
Bullish
47.25
147.31
126.98
| Company | Weightage (%) |
| Gold | 97.82% |
| Cash & Other Receivables | 2.18% |
Allocation
The current market price of Mirae Asset Gold ETF is ₹144.12. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Gold ETF by Mirae Asset Investment Managers (India) Private Limited replicates Domestic Price of Gold as an open-ended Gold scheme with a Passive investment style objective: tracking gold The fund uses passive replication to closely track the Domestic Price of Physical Gold benchmark, aiming tight index replication with transparency and cost-aware execution predominantly holding physical gold exposure thereby Portfolio is heavily concentrated in Precious Metal exposure with Gold at 97.8% allocation, Cash & Other Receivables at 2.2%, producing significant concentration risk despite minimal cash buffer for liquidity management Performance displays strong gold-driven returns with 1Y: +56.7% and 3Y CAGR: +32.4%, reflecting commodity cyclicality while low tracking error of 0.4% supports close benchmark replication and consistent index-aligned execution practices Operationally the ETF houses ₹1775.3 Cr, charges an expense ratio of 0.4% and tracking error of 0.4%, managed by Mr. Ritesh Patel Feb 2023 and Mr. Akshay Udeshi Aug 2023
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 ₹1,775.29. 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: 58.01%. 3-year return: 142.26%. 5-year return: 158.70%. 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.
Bearish
3
Neutral
7
Bullish
4
Bearish
17
Neutral
7
Bullish
22
Bearish
14
Neutral
0
Bullish
18
227.68
▲ 3.54%
14.78
▲ 3.14%
34.17
▲ 1.70%
44.30
▲ 3.10%
144.12
▲ 1.77%
67.39
▼ 0.63%
22.64
▲ 2.96%
1079.15
▲ 0.00%
188.75
▲ 0.71%
11.50
▲ 1.41%
149.74
▼ 4.68%
82.06
▲ 3.94%
523.01
▲ 2.32%
8.30
▲ 1.22%
35.48
▲ 1.31%
302.66
▲ 1.43%
27.17
▲ 2.99%
11.11
▲ 2.97%
144.87
▲ 1.81%
12.08
▲ 2.11%
31.27
▲ 2.29%
20.29
▲ 2.68%
75.08
▲ 1.67%
38.50
▲ 1.82%
9.94
▲ 2.26%
29.49
▼ 0.07%
24.81
▲ 2.18%
39.05
▲ 3.69%
38.90
▲ 1.83%
14.60
▲ 2.24%
245.48
▲ 1.64%
1000.00
▲ 0.00%
637.98
▲ 2.61%
23.19
▲ 4.93%
-private-limited/mirae.avif)
AUM
₹ 1,775 Cr
Expense Ratio
0.35%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
NEUTRAL