
Bearish
5
Neutral
6
Bullish
3
Bearish
6
Neutral
6
Bullish
34
Bearish
1
Neutral
0
Bullish
31
Allocation
| 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% |
The current market price of Mirae Asset Nifty Metal ETF is ₹13.41. 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 targets replication of Nifty Metal Total Return Index as an open-ended equity scheme employing a passive style The fund's strategy focuses on direct replication of Nifty Metal Total Return Index, seeking tight benchmark alignment through passive replication and disciplined rebalancing to mirror index constituents and weighting methodology Portfolio is 100.0% equity with top weights in Tata Steel 18.7%, Hindalco 16.1%, JSW Steel 13.7% and Vedanta 12.9%, top four concentration about 61.3%, indicating sector concentration and modest diversification Performance shows 1Y: +46.4% return, with a minimal tracking error of 0.1% indicating efficient replication; concentrated metal exposure explains higher idiosyncratic return volatility and sectoral return sensitivity to market cycles Operationally Mirae Asset Nifty Metal ETF has AUM ₹157.4 Cr as on Dec 2025, expense ratio 0.3%, notably managed by Ms. Ekta Gala and Mr. Akshay Udeshi 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: 45.76%. 3-year return: 36.84%. 5-year return: 36.84%. 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.
157
0.30%
0.07%
—
Moderate Risk
0.22
—
8.5
13.71
1.416
—
Bullish
60.03
12.62
11.33
-private-limited/mirae.avif)
AUM
₹ 157 Cr
Expense Ratio
0.30%
29.24
▲ 1.28%
152.10
▼ 1.68%
196.40
▲ 1.48%
40.28
▼ 0.42%
13.41
▼ 1.83%
254.96
▼ 7.30%
201.00
▲ 0.40%
29.62
▼ 0.17%
545.76
▼ 0.89%
50.21
▼ 0.22%
81.67
▲ 1.13%
1085.61
▲ 0.04%
16.75
▼ 0.42%
255.16
▼ 0.24%
1000.00
▲ 0.00%
44.62
▼ 0.38%
11.96
▼ 0.75%
26.15
▼ 0.72%
39.90
▼ 0.92%
22.73
▼ 0.31%
25.45
▼ 0.51%
159.62
▼ 0.70%
35.89
▼ 0.99%
10.87
▼ 0.28%
324.97
▲ 0.02%
13.31
▼ 0.15%
77.20
▼ 0.23%
15.94
▼ 0.50%
42.71
▼ 0.23%
80.68
▼ 1.72%
24.82
▼ 0.24%
713.57
▼ 0.88%
8.51
▲ 0.00%
29.96
▼ 0.03%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
GOOD