
157
0.30%
0.07%
—
Moderate Risk
0.23
—
9.6
14.1
1.471
—
Bullish
59.51
13.12
12.43
| Company | Weightage (%) |
| Tata Steel Ltd. | 18.65% |
| Hindalco Industries Ltd. | 16.08% |
| JSW Steel Ltd. | 13.71% |
| Vedanta Ltd. | 12.85% |
| Other Equities | 11.61% |
| Adani Enterprises Ltd. | 7.31% |
| Jindal Steel Ltd. | 4.94% |
| APL Apollo Tubes Ltd. | 4.36% |
| NMDC Ltd. | 3.60% |
| National Aluminium Company Ltd. | 3.53% |
Allocation
Bearish
4
Neutral
6
Bullish
4
The current market price of Mirae Asset Nifty Metal ETF is ₹13.42. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Nifty Metal ETF from Mirae Asset Investment Managers is an Equity, Passive open‑ended scheme replicating the Nifty Metal Total Return Index, designed to track metals sector returns efficiently. Mirae Asset Nifty Metal ETF passively tracks the Nifty Metal (TRI) via full‑replication style, aiming tight index mirroring with a low reported tracking error of 0.1% supporting close benchmark alignment. The portfolio is 100.0% equities with concentrated exposure: Tata Steel 18.7%, Hindalco 16.1%, JSW Steel 13.7%, Vedanta 12.9% and Adani Enterprises 7.3%, plus smaller allocations including Jindal Steel and NMDC. In the trailing 1Y the fund delivered +43.2% performance, reflecting strong metals cycle returns, while a low tracking error of 0.1% indicates disciplined replication and modest active‑risk relative to index. As of Dec 2025 AUM ₹157.4 Cr and expense ratio 0.3%, with fund managers Ms. Ekta Gala and Mr. Akshay Udeshi managing since Oct 2024, underscoring administrative simplicity and liquidity.
Mirae Asset Nifty Metal ETF is designed to track Nifty Metal (TRI), allowing investors to gain exposure to its underlying securities through a single investment.
The expense ratio of Mirae Asset Nifty Metal ETF is 0.30%. 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 Metal ETF is approximately ₹157.41. 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 Metal 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 Metal ETF is 0.07%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Mirae Asset Nifty Metal 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 Metal ETF has delivered the following returns: 1-year return: 31.70%. 3-year return: 36.94%. 5-year return: 36.94%. Past performance does not guarantee future results.
Before investing in Mirae Asset Nifty Metal ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.
Bearish
4
Neutral
6
Bullish
36
Bearish
0
Neutral
0
Bullish
32
200.09
▲ 0.16%
255.53
▲ 0.42%
30.44
▲ 1.06%
13.66
▲ 0.81%
49.08
▲ 0.51%
11.91
▲ 0.51%
749.08
▲ 0.95%
35.05
▲ 0.55%
21.89
▼ 0.55%
146.71
▼ 0.19%
325.16
▲ 0.52%
38.02
▲ 0.08%
23.46
▲ 0.56%
49.17
▲ 0.86%
13.42
▲ 2.60%
31.72
▲ 0.13%
224.07
▼ 0.20%
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%
-private-limited/mirae.avif)
AUM
₹ 157 Cr
Expense Ratio
0.30%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
GOOD
Consistency
GOOD