The Mirae Asset Nifty 50 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty 50 Index, offering a passive investment strategy within the Exchange Traded Fund category.

Tracking the Nifty 50 Index (TRI), this ETF employs a replication strategy with a minimal tracking error of 0.02%, ensuring efficient performance relative to its benchmark.

The portfolio exhibits a concentration in financials, with top holdings like HDFC Bank (12.87%) and ICICI Bank (8.52%), highlighting potential sector-specific risks and opportunities.

Over the past year, the fund has delivered a return of approximately 10.0%, with a robust CAGR of 13.2% over three years, reflecting consistent performance in the Indian equity market.

With an AUM of ₹4489.6 Cr and a low expense ratio of 0.04%, the fund offers efficient access to the Nifty 50 Index, managed by experienced professionals since late 2020.