
93
0.11%
0.18%
—
Moderate Risk
0.22
—
295.82
337.87
1.404
—
Bullish
54.05
322.33
—
| 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% |
Allocation
The current market price of Mirae Asset Nifty50 Equal Weight ETF is ₹326.60. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Nifty50 Equal Weight ETF by Mirae Asset Investment Managers (India) replicates the Nifty50 Equal Weight Total Return Index; it is an equity, equal‑weighted scheme offering diversified index exposure. The fund follows mechanical equal‑weight replication to track Nifty50 Equal Weight (TRI), emphasizing systematic sector-balanced selection with close index mapping and transparent holdings to minimize active deviation and tracking error. Portfolio is 100.0% equity with top ten holdings like Tata Steel 2.1%, JSW Steel 2.1%, Shriram Finance 2.1%, Axis Bank 2.1%, others averaging 2.1%, totaling approximately 20.6% showing restrained concentration. One‑year return stands at +3.6% while limited multi‑year data restricts trend analysis; a low tracking error of 0.2% indicates efficient benchmark replication and modest active deviation relative to peers. Risk profile reflects equal‑weight diversification with industry tilts; expense ratio 0.1%, AUM ₹93.1 Cr, managed by Ms. Ekta Gala and Mr. Akshay Udeshi since May 2025 offering low‑cost passive exposure.
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: 4.86%. 3-year return: 4.86%. 5-year return: 4.86%. 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.
Bearish
1
Neutral
8
Bullish
5
Bearish
2
Neutral
20
Bullish
24
Bearish
1
Neutral
12
Bullish
19
549.20
▲ 1.00%
13.35
▲ 0.45%
29.61
▲ 0.71%
153.08
▼ 0.26%
196.38
▲ 1.96%
25.70
▲ 0.31%
82.78
▲ 1.41%
160.37
▲ 0.07%
44.92
▼ 0.66%
26.47
▲ 1.22%
40.35
▼ 0.27%
1086.65
▲ 0.04%
36.07
▼ 0.25%
12.17
▼ 0.08%
326.60
▲ 0.18%
22.99
▲ 0.13%
1000.00
▲ 0.00%
30.52
▼ 0.29%
40.53
▲ 0.40%
13.34
▼ 0.22%
201.12
▲ 0.22%
257.16
▲ 0.63%
16.80
▼ 0.24%
256.79
▲ 0.08%
50.65
▼ 0.22%
10.95
▲ 0.18%
77.52
▲ 0.60%
16.09
▲ 0.25%
43.11
▼ 0.19%
80.88
▼ 0.02%
24.21
▲ 0.58%
719.56
▲ 0.46%
8.52
▲ 0.12%
30.20
▲ 0.53%
-private-limited/mirae.avif)
AUM
₹ 93 Cr
Expense Ratio
0.11%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
NEUTRAL