Mirae Asset Nifty Next 50 ETF

The current market price of Mirae Asset Nifty Next 50 ETF is ₹707.42. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty Next 50 ETF, managed by Mirae Asset Investment Managers, is an open-ended scheme designed to replicate the Nifty Next 50 Total Return Index, embodying a passive investment style. This ETF employs a tracking strategy focused on the Nifty Next 50 Index, ensuring that investors gain exposure to the growth potential of the next tier of Nifty companies. The portfolio is heavily concentrated in equities, with top holdings like Hindustan Aeronautics Ltd. and TVS Motor Company Ltd., showcasing a diversified industry allocation across finance, power, and pharmaceuticals. Performance metrics indicate a 1-year return of +5.2% and a strong 3-year CAGR of 17.3%, reflecting robust growth in a competitive market context, with a low tracking error of 0.13%. With a fund size of ₹820.9 Cr and a minimal expense ratio of 0.05%, this ETF offers efficient access to a diversified portfolio, managed by experienced professionals since late 2020.

Mirae Asset Nifty Next 50 ETF is designed to track Nifty Next 50 Index (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty Next 50 ETF is 0.05%. 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 Next 50 ETF is approximately ₹820.88. 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 Next 50 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 Next 50 ETF is 0.13%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty Next 50 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 Next 50 ETF has delivered the following returns: 1-year return: 10.89%. 3-year return: 82.06%. 5-year return: 108.68%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty Next 50 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.