
157
0.30%
0.07%
—
High Risk
0.25
—
7.73
13.05
1.592
—
Bullish
50.89
11.72
10.77
| 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
The current market price of Mirae Asset Nifty Metal ETF is ₹11.50. 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 (India) Private Limited is an Equity, Passive open-ended scheme replicating/tracking Nifty Metal Total Return Index as its stated investment objective. It employs a passive replication approach to mirror benchmark Nifty Metal (TRI), aiming to match index constituents and weights thereby delivering returns aligned with metal sector performance through index tracking. Portfolio is 100.0% equity with metal-sector skew; top weights include Tata Steel 18.7%, Hindalco 16.1%, JSW Steel 13.7%, Vedanta 12.9%, Adani Enterprises 7.3%, Other Equities 11.6%, reflecting significant concentration risk. Performance shows 1Y: +19.7%, reflecting metal-index gains over the year, with returns presented via passive replication and aligned with benchmark Nifty Metal (TRI), consistent with sector momentum during this period. Operationally the fund had AUM ₹157.4 Cr as on Dec 2025, expense ratio 0.3%, tracking error 0.1%, managed by Ms. Ekta Gala and Mr. Akshay Udeshi together since Oct 2024.
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: 27.07%. 3-year return: 17.35%. 5-year return: 17.35%. 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.
-private-limited/mirae.avif)
AUM
₹ 157 Cr
Expense Ratio
0.30%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
GOOD
Consistency
NEUTRAL
Bearish
4
Neutral
6
Bullish
4
Bearish
17
Neutral
6
Bullish
23
Bearish
13
Neutral
0
Bullish
19
188.75
▲ 0.71%
14.78
▲ 3.14%
67.39
▼ 0.63%
8.30
▲ 1.22%
44.30
▲ 3.10%
523.01
▲ 2.32%
34.17
▲ 1.70%
227.68
▲ 3.54%
144.12
▲ 1.77%
1079.15
▲ 0.00%
11.50
▲ 1.41%
22.64
▲ 2.96%
149.74
▼ 4.68%
82.06
▲ 3.94%
35.48
▲ 1.31%
302.66
▲ 1.43%
27.17
▲ 2.99%
11.11
▲ 2.97%
144.87
▲ 1.81%
12.08
▲ 2.11%
31.27
▲ 2.29%
20.29
▲ 2.68%
75.08
▲ 1.67%
38.50
▲ 1.82%
9.94
▲ 2.26%
29.49
▼ 0.07%
24.81
▲ 2.18%
39.05
▲ 3.69%
38.90
▲ 1.83%
14.60
▲ 2.24%
245.48
▲ 1.64%
1000.00
▲ 0.00%
637.98
▲ 2.61%
23.19
▲ 4.93%