The current market price of Mirae Asset Nifty EV and New Age Automotive ETF is ₹34.12. 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 is an Equity thematic fund by Mirae Asset Investment Managers seeking to replicate the Nifty EV and New Age Automotive (TRI). The fund employs passive replication to track the Nifty EV and New Age Automotive (TRI), with a tracking error of 0.0% reflecting disciplined index fidelity and efficient implementation and transparency Portfolio is concentrated in equities with top positions including Mahindra & Mahindra (8.1%), Maruti Suzuki (8.0%), KEI Industries (4.1%) and other automotive suppliers, reflecting thematic concentration and sector-specific exposure risks. Performance shows 1Y change of +6.8% with no additional multi‑period returns available, implying limited historical series for long‑term comparisons and constraining robust risk‑adjusted performance analysis including volatility and alpha metrics Operationally the fund charges an expense ratio of 0.4%, is managed by Ekta Gala and Akshay Udeshi since Jul 2024, and shows asset allocation: Equity 100.0%, Preference 0.0%, Cash -0.0%.

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: 17.66%. 3-year return: 2.68%. 5-year return: 2.68%. 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.