
220
0.53%
0.05%
—
Moderate Risk
0.16
—
140.22
169.57
0.989
—
Bullish
87.28
163.12
157.65
Allocation
| Company | Weightage (%) |
| Mahindra & Mahindra Ltd. | 5.06% |
| Reliance Industries Ltd. | 4.98% |
| Maruti Suzuki India Ltd. | 4.97% |
| Sun Pharmaceutical Industries Ltd. | 4.83% |
| Tata Steel Ltd. | 3.95% |
| Bharat Electronics Ltd. | 3.64% |
| Hindalco Industries Ltd. | 3.40% |
| JSW Steel Ltd. | 2.90% |
| Bajaj Auto Ltd. | 2.75% |
| Vedanta Ltd. | 2.72% |
The current market price of Mirae Asset Nifty India Manufacturing ETF is ₹169.57. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Nifty India Manufacturing ETF by Mirae Asset Investment Managers Private Limited replicates Nifty India Manufacturing Total Return Index as open ended equity scheme with a passive investment style The fund tracks Nifty India Manufacturing Index (TRI) through passive replication, aiming tight index replication with a tracking error of 0.1% reported, indicating disciplined portfolio construction relative to benchmark process Portfolio heavily equity oriented (Equity 99.97%, Cash 0.03%), top exposures Mahindra & Mahindra 5.1%, Reliance 5.0%, Maruti Suzuki 5.0%, with Automobiles 20.7% and Pharmaceuticals 16.7% concentration notable allocation risk present Performance shows 1Y: +10.1% and 3Y CAGR: +18.9%, reflecting concentrated manufacturing exposure; tracking error 0.1% supports benchmark alignment while volatility and risk-adjusted measures are indicated by available returns data points Operationally ETF carries expense ratio 0.5% and had AUM ₹220.2 Cr as on Dec 2025, managed by Ms Ekta Gala since Jan 2022 and Mr 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: 18.43%. 3-year return: 74.80%. 5-year return: 110.38%. 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.
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
NEUTRAL
212.58
▼ 0.32%
36.52
▲ 0.22%
206.30
▲ 0.16%
47.97
▼ 0.23%
1098.06
▲ 0.04%
266.94
▼ 0.32%
9.13
▼ 0.33%
30.65
▲ 0.33%
81.10
▼ 0.27%
80.54
▼ 0.49%
340.47
▼ 0.29%
26.54
▲ 0.23%
27.81
▼ 0.54%
34.12
▲ 1.46%
169.57
▲ 0.29%
16.96
▲ 0.00%
23.92
▲ 0.29%
12.19
▲ 0.00%
33.47
▲ 1.39%
52.00
▲ 0.21%
145.24
▲ 1.00%
38.90
▼ 0.05%
23.77
▼ 0.59%
769.61
▼ 0.09%
223.70
▲ 2.38%
88.42
▲ 0.58%
42.26
▼ 0.66%
13.84
▼ 0.65%
14.09
▲ 0.00%
590.73
▼ 0.06%
13.32
▲ 0.38%
1000.00
▲ 0.00%
48.00
▼ 0.46%
18.38
▼ 0.22%
Bearish
6
Neutral
3
Bullish
5
Bearish
6
Neutral
3
Bullish
37
Bearish
0
Neutral
0
Bullish
32
Bearish
6
Neutral
3
Bullish
5
Bearish
6
Neutral
3
Bullish
5
Bearish
0
Neutral
0
Bullish
32
Bearish
0
Neutral
0
Bullish
32
Bearish
0
Neutral
0
Bullish
32
-private-limited/mirae.avif)
AUM
₹ 220 Cr
Expense Ratio
0.53%