
Allocation
93
0.11%
0.18%
—
Moderate Risk
0.21
—
298.37
337.87
1.346
—
Bearish
37.28
319.24
—
The current market price of Mirae Asset Nifty50 Equal Weight ETF is ₹302.66. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Nifty50 Equal Weight ETF, managed by Mirae Asset Investment Managers (India) Private Limited, replicates Nifty50 Equal Weight Total Return Index as an open-ended equity scheme with equal weighting. Building on its replication mandate, the ETF tracks the Nifty50 Equal Weight (TRI) benchmark via equal-weight replication, exhibiting a low tracking error of 0.2% which evidences tight index replication consistency. Portfolio holds 100.0% equity, with top ten positions around 2.1% each, Tata Steel 2.1%, JSW Steel 2.1%, Shriram Finance 2.1%, and a sector tilt to Automobiles (10.1%) and Banks (10.1%). Performance shows 1Y: -2.5% under equal-weight exposure, and a modest tracking error of 0.2% indicates close benchmark replication despite potential short-term deviation from market-cap weighted outcomes in volatile market phases. Operationally the ETF reports AUM ₹93.1 Cr as on Dec 2025, notably low expense ratio 0.1%, and is managed by Ms. Ekta Gala and Mr. Akshay Udeshi since May 2025.
Mirae Asset Nifty50 Equal Weight ETF is designed to track Nifty50 Equal Weight (TRI), allowing investors to gain exposure to its underlying securities through a single investment.
The expense ratio of Mirae Asset Nifty50 Equal Weight ETF is 0.11%. 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 Nifty50 Equal Weight ETF is approximately ₹93.12. 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 Nifty50 Equal Weight 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 Nifty50 Equal Weight ETF is 0.18%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Mirae Asset Nifty50 Equal Weight 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 Nifty50 Equal Weight ETF has delivered the following returns: 1-year return: -2.83%. 3-year return: -2.83%. 5-year return: -2.83%. Past performance does not guarantee future results.
Before investing in Mirae Asset Nifty50 Equal Weight 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 (%) |
| Tata Steel Ltd. | 2.12% |
| JSW Steel Ltd. | 2.12% |
| Shriram Finance Ltd. | 2.06% |
| Axis Bank Ltd. | 2.06% |
| Bajaj Auto Ltd. | 2.05% |
| Oil & Natural Gas Corporation Ltd. | 2.04% |
| Tata Motors Passenger Vehicles Ltd. | 2.04% |
| Mahindra & Mahindra Ltd. | 2.04% |
| Kotak Mahindra Bank Ltd. | 2.02% |
| NTPC Ltd. | 2.02% |
Bearish
3
Neutral
6
Bullish
5
Bearish
20
Neutral
18
Bullish
8
Bearish
17
Neutral
12
Bullish
3
-private-limited/mirae.avif)
AUM
₹ 93 Cr
Expense Ratio
0.11%
Performance
STEADY PERFORMER
Technicals
Bearish
Risk
—
Liquidity
POOR
Consistency
POOR
188.75
▲ 0.71%
14.78
▲ 3.14%
67.39
▼ 0.63%
8.30
▲ 1.22%
44.30
▲ 3.10%
523.01
▲ 2.32%
34.17
▲ 1.70%
227.68
▲ 3.54%
144.12
▲ 1.77%
1079.15
▲ 0.00%
11.50
▲ 1.41%
22.64
▲ 2.96%
149.74
▼ 4.68%
82.06
▲ 3.94%
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%