
220
0.53%
0.05%
—
Moderate Risk
0.16
—
140.22
170.6
0.990
—
Bullish
48.30
164.56
160.13
| 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 ₹162.95. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Nifty India Manufacturing ETF, managed by Mirae Asset Investment Managers (India) Private Limited, is an Equity Passive scheme that effectively replicates the Nifty India Manufacturing Total Return Index. It passively tracks the Nifty India Manufacturing Index (TRI) through full replication of constituents, thereby maintaining tight tracking highlighted by a tracking error of 0.1%, consistent with an index-hugging stance. Mirae ETF's top ten holdings account for 39.2% with Mahindra & Mahindra, Reliance Industries and Maruti Suzuki as largest positions, while Automobiles and Pharmaceuticals dominate at 20.7% and 16.7% respectively. Performance shows 1Y: +13.6% and 3Y CAGR: +20.0%, reflecting disciplined index replication versus the Nifty India Manufacturing (TRI) benchmark and indicating consistent multi-year manufacturing-sector exposure and low measured tracking error. As of Dec 2025 the fund size is ₹220.2 Cr, expense ratio 0.5%, equity allocation 100.0%, managed by Ms. Ekta Gala (Jan 2022) and Mr. Akshay Udeshi (Mar 2025) respectively.
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: 6.02%. 3-year return: 64.65%. 5-year return: 102.17%. 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
POOR
Consistency
NEUTRAL
255.53
▲ 0.42%
200.09
▲ 0.16%
146.71
▼ 0.19%
30.44
▲ 1.06%
49.08
▲ 0.51%
11.91
▲ 0.51%
749.08
▲ 0.95%
35.05
▲ 0.55%
13.66
▲ 0.81%
325.16
▲ 0.52%
38.02
▲ 0.08%
13.42
▲ 2.60%
23.46
▲ 0.56%
49.17
▲ 0.86%
21.89
▼ 0.55%
224.07
▼ 0.20%
31.72
▲ 0.13%
40.34
▲ 0.47%
1000.00
▲ 0.00%
51.55
▲ 0.80%
26.55
▲ 0.23%
162.95
▲ 0.45%
84.16
▲ 0.73%
100.09
▲ 0.74%
8.65
▲ 0.35%
77.40
▲ 0.27%
1104.35
▲ 0.01%
575.76
▲ 0.66%
16.58
▲ 0.91%
26.46
▲ 1.19%
30.03
▼ 0.83%
15.01
▲ 0.27%
235.92
▼ 0.79%
18.50
▲ 1.04%
Bearish
3
Neutral
7
Bullish
4
Bearish
19
Neutral
7
Bullish
20
Bearish
16
Neutral
0
Bullish
16
Bearish
3
Neutral
7
Bullish
4
Bearish
3
Neutral
7
Bullish
4
Bearish
16
Neutral
0
Bullish
16
Bearish
16
Neutral
0
Bullish
16
Bearish
16
Neutral
0
Bullish
16
Allocation
-private-limited/mirae.avif)
AUM
₹ 220 Cr
Expense Ratio
0.53%