The Mirae Asset Nifty 500 Multicap 50:25:25 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty500 Multicap 50:25:25 Total Return Index, adopting a passive investment style.

This ETF employs a tracking strategy to align closely with its benchmark, the Nifty500 Multicap 50:25:25 (TRI), ensuring minimal tracking error of just 0.08%.

Portfolio composition reveals a concentration in top holdings like HDFC Bank Ltd. at 5.37% and ICICI Bank Ltd. at 3.56%, with a significant focus on the banking sector at 16.14%.

Performance over the past year shows a positive change of 6.2%, reflecting resilience in market conditions, although longer-term CAGR metrics remain unavailable at this time.

With a fund size of ₹50.7 Cr and a low expense ratio of 0.16%, this ETF provides cost-efficient access to diversified equity exposure through its open-ended structure.