The current market price of Mirae Asset Nifty50 Equal Weight ETF is ₹340.47. 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, is an Equity open-ended scheme replicating the Nifty50 Equal Weight Total Return Index using an Equal Weighted approach. The fund tracks the Nifty50 Equal Weight (TRI) benchmark through an equal-weight replication, emphasizing structural rebalancing across constituents, and exhibits a low tracking error of 0.2% indicating tight benchmark alignment. The portfolio is 100.0% Equity with industry tilts toward Automobiles (10.1%), Banks (10.1%), IT-Software (9.8%), while top holdings like Tata Steel and JSW Steel each allocate approximately 2.1% weight overall. Performance shows 1Y: +4.2% versus the Nifty50 Equal Weight (TRI), reflecting equal-weight rebalancing outcomes and a performance profile driven by mid-and cyclicals rather than market-cap dominant constituents over the period. Risk-return features include tracking error 0.2% with 1Y +4.2%, expense ratio 0.1%, AUM ₹93.1 Cr Dec 2025, and tight tracking, managers Ekta Gala and Akshay Udeshi managing 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: 9.39%. 3-year return: 9.31%. 5-year return: 9.31%. 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.