The Mirae Asset Nifty Next 50 ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty Next 50 Total Return Index, positioning itself as a passive investment vehicle.

This ETF employs a tracking strategy focused on the Nifty Next 50 Index (TRI), ensuring alignment with its benchmark through efficient replication methods and minimal tracking error of 0.14%.

Portfolio concentration is evident with top holdings like Interglobe Aviation Ltd. and Hindustan Aeronautics Ltd., while sector allocations show a diverse spread, notably in finance and power industries.

Performance reflects a challenging year with a -11.8% return over one year; however, the three-year CAGR stands at 17.6%, demonstrating resilience and recovery potential in longer-term horizons.

With an AUM of ₹767.3 Cr and an expense ratio of only 0.05%, the fund remains accessible, supported by experienced management, enhancing its operational efficiency and investor appeal.