The current market price of Mirae Asset Nifty 200 Alpha 30 ETF is ₹24.69. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty 200 Alpha 30 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty 200 Alpha 30 Total Return Index, focusing on factor-based investment strategies. This ETF employs a tracking approach to the Nifty 200 Alpha 30 (TRI), ensuring alignment with its benchmark while maintaining a low tracking error of 0.25%. The portfolio comprises significant holdings in companies like Fortis Healthcare Ltd. and Coforge Ltd., with a notable concentration in the finance and automobiles sectors, highlighting potential risks. Over the past year, the fund showcased a performance increase of 1.05%, with an expense ratio of 0.47%, reflecting efficient cost management relative to its size of ₹420.1 Cr. Managed by Ms. Ekta Gala since October 2023, the fund's operational structure supports liquidity, with an exit load likely favorable for investors seeking flexibility in their investments.

Mirae Asset Nifty 200 Alpha 30 ETF is designed to track Nifty 200 Alpha 30 (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty 200 Alpha 30 ETF is 0.47%. 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 Nifty 200 Alpha 30 ETF is approximately ₹420.06. 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 Nifty 200 Alpha 30 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 Nifty 200 Alpha 30 ETF is 0.25%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty 200 Alpha 30 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 Nifty 200 Alpha 30 ETF has delivered the following returns: 1-year return: 7.07%. 3-year return: 47.32%. 5-year return: 47.32%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty 200 Alpha 30 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.