The current market price of Mirae Asset Nifty EV and New Age Automotive ETF is ₹30.20. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty EV and New Age Automotive ETF by Mirae Asset Investment Managers is an Equity thematic scheme replicating the Nifty EV and New Age Automotive Total Return Index. The fund pursues full replication of its benchmark, Nifty EV and New Age Automotive (TRI), targeting tight index tracking with a tracking error of 0.0% and equity allocation 100.0%. Portfolio concentrates in automotive value chain names; top holding Mahindra & Mahindra 8.1% and Maruti Suzuki 8.0%, with the top ten holdings accounting for 48.0% signalling notable concentration risk. Performance shows a one‑year return of +7.7% (1Y), with longer term CAGRs not available; the low tracking error complements benchmark alignment though broader market volatility remains unquantified here. Operationally the ETF charges an expense ratio of 0.4%, is co‑managed by Ekta Gala and Akshay Udeshi since Jul 2024, with AUM as on Dec 2025 but amount not disclosed.

Mirae Asset Nifty EV and New Age Automotive ETF is designed to track Nifty EV and New Age Automotive (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty EV and New Age Automotive ETF is 0.39%. 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 EV and New Age Automotive ETF is approximately ₹164.93. 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 EV and New Age Automotive 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 EV and New Age Automotive ETF is 0.04%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty EV and New Age Automotive 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 EV and New Age Automotive ETF has delivered the following returns: 1-year return: 3.89%. 3-year return: -9.12%. 5-year return: -9.12%. Past performance does not guarantee future results.

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