
Bearish
5
Neutral
4
Bullish
5
Bearish
5
Neutral
5
Bullish
36
Bearish
0
Neutral
1
Bullish
31
157
0.30%
0.07%
—
Moderate Risk
0.23
—
9
14.1
1.453
—
Bullish
81.56
12.97
12.13
| 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 ₹13.32. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
Mirae Asset Nifty Metal ETF by Mirae Asset Investment Managers (India) Private Limited is an Equity, Passive open-ended scheme replicating and tracking the Nifty Metal Total Return Index as stated. The fund employs a passive replication approach aiming to closely track the Nifty Metal (TRI) benchmark, maintaining replication discipline with a measured tracking error of 0.07% and transparent methodology standards. Portfolio concentrates in leading constituents: Tata Steel 18.7%, Hindalco 16.1%, JSW Steel 13.7%, Vedanta 12.8% and Adani Enterprises 7.3%, with top five totaling 68.6% and Other Equities 11.6% notable concentration. Performance shows strong one-year return (1Y: +30.5%), while fund size was ₹157.4 Cr as on Dec 2025, overseen by Ms. Ekta Gala and Mr. Akshay Udeshi since Oct 2024 tenure. Risk profile reflects concentrated equity exposure with 100.0% allocated to Equity Holdings, low tracking error 0.07%, expense ratio 0.3% and tight replication suggesting efficient tracking and modest cost structure overall.
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: 42.92%. 3-year return: 35.92%. 5-year return: 35.92%. 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%
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%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
NEUTRAL