The current market price of Mirae Asset Nifty India Manufacturing ETF is ₹144.87. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty India Manufacturing ETF from Mirae Asset Investment Managers replicates the Nifty India Manufacturing Total Return Index, positioned as an Equity scheme with a Passive investment style approach. The fund employs full-replication passive tracking of the Nifty India Manufacturing Index (TRI), emphasizing low tracking error of 0.1%, disciplined sampling and index-aligned weight preservation to mirror benchmark returns consistently. Portfolio centers on manufacturing-related equities with top holdings Mahindra & Mahindra 5.1%, Reliance Industries 5.0%, Maruti 5.0% and Sun Pharma 4.8%, automobiles dominate at 20.7% concentration and equity exposure high. Performance shows 1Y return +7.4% alongside a 3Y CAGR of 22.7%, indicating strong multi-year compounding within the manufacturing index exposure while short-term variability remains modest versus peers and high consistency. Operationally the ETF manages ₹220.2 Cr, charges a 0.5% expense ratio and shows tracking error 0.1%, with fund managers Ekta Gala since Jan 2022 and Akshay Udeshi since Mar 2025.

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

The expense ratio of Mirae Asset Nifty India Manufacturing ETF is 0.53%. 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 India Manufacturing ETF is approximately ₹220.24. 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 India Manufacturing 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 India Manufacturing ETF is 0.05%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty India Manufacturing 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 India Manufacturing ETF has delivered the following returns: 1-year return: 10.37%. 3-year return: 80.14%. 5-year return: 79.74%. Past performance does not guarantee future results.

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