The current market price of Mirae Asset Nifty India Manufacturing ETF is ₹156.07. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty India Manufacturing ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty India Manufacturing Total Return Index, providing passive investment exposure. This ETF employs a passive investment strategy, closely tracking the Nifty India Manufacturing Index (TRI) with a minimal tracking error of 0.05%, ensuring efficient replication of its benchmark. The portfolio is heavily concentrated in equities, with Reliance Industries Ltd. and Maruti Suzuki India Ltd. as top holdings, reflecting significant allocations across the manufacturing sector. Over the past year, the fund has delivered a robust performance with a change of +10.9%, while the 3-year CAGR stands impressively at +21.2%, showcasing strong growth potential. With an AUM of ₹211.3 Cr and an expense ratio of 0.53%, the fund remains cost-effective, facilitating easy access through NSE/BSE listings.

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 ₹211.29. 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: 17.21%. 3-year return: 87.40%. 5-year return: 93.64%. 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.