The current market price of Mirae Asset Nifty 50 ETF is ₹277.94. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty 50 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty 50 Index, providing passive investment exposure to this benchmark. This ETF employs a tracking approach to mirror the Nifty 50 Index (TRI), ensuring low tracking error of just 0.02%, which reflects its efficient management. The portfolio showcases a concentration in key holdings, with HDFC Bank at 12.87% and ICICI Bank at 8.52%, highlighting a significant tilt towards the banking sector. Performance over the past year shows a notable increase of 9.4%, with a robust 3-year CAGR of 12.7%, indicating strong growth in line with market trends. With an AUM of ₹4489.6 Cr and an expense ratio of just 0.04%, this ETF offers a cost-effective investment solution for tracking the Nifty 50.

Mirae Asset Nifty 50 ETF is designed to track Nifty 50 Index (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty 50 ETF is 0.04%. 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 50 ETF is approximately ₹4,489.56. 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 50 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 50 ETF is 0.02%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty 50 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 50 ETF has delivered the following returns: 1-year return: 11.31%. 3-year return: 48.92%. 5-year return: 82.58%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty 50 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.