The current market price of Mirae Asset Nifty Metal ETF is ₹11.94. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty Metal ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty Metal Total Return Index, offering investors a passive exposure to the metal sector. This ETF employs a strategy of tracking the Nifty Metal TRI, ensuring that its performance closely mirrors that of the benchmark, with a minimal tracking error of 0.08%. The fund's portfolio is heavily concentrated, with Tata Steel Ltd. leading at 19.39%, followed by Hindalco Industries Ltd. and JSW Steel Ltd., indicating a focus on major players in the metal industry. In the past year, the ETF has shown impressive growth of 35.1%, reflecting strong performance relative to market conditions, although longer-term CAGR metrics are currently unavailable. With an expense ratio of 0.29% and a fund size of ₹67.1 Cr, this ETF presents a cost-effective option for investors seeking exposure to the metal sector.

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 0.29%. 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 ₹67.12. 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 0.08%. 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: 45.79%. 3-year return: 21.84%. 5-year return: 21.84%. 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.