The current market price of Mirae Asset Nifty Top 20 Equal Weight ETF is ₹8.52. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty Top 20 Equal Weight ETF, an Equity open-ended scheme from Mirae Asset Investment Managers (India) Private Limited, replicates the Nifty Top 20 Equal Weight Total Return Index with equal-weighted mandate. The fund follows an equal weighted replication of the index, aiming to track Nifty Top 20 Equal Weight (TRI), with a reported tracking error of 0.1% indicating tight replication discipline. The portfolio equal weighting yields 5.1% positions per stock; top ten holdings account for 50.6% of assets, with Banks 25.2%, Automobiles 15.2% and IT-Software 14.6% concentration reflecting equal weight methodology. Performance over the last reported year shows 1Y: -10.4%, while tracking error is 0.1% and expense ratio 0.1%, underscoring efficient cost structure amid the reported negative annual return for investors. Risk profile is equity-dominant with Equity 99.9% and Cash 0.1%; fund managers Mr. Ritesh Patel and Mr. Akshay Udeshi oversee assets of ₹6.6 Cr with expense ratio 0.1% and liquidity.

Mirae Asset Nifty Top 20 Equal Weight ETF is designed to track Nifty Top 20 Equal Weight (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty Top 20 Equal Weight ETF is 0.08%. 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 Top 20 Equal Weight ETF is approximately ₹6.57. 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 Top 20 Equal Weight 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 Top 20 Equal Weight ETF is 0.06%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty Top 20 Equal Weight 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 Top 20 Equal Weight ETF has delivered the following returns: 1-year return: -11.80%. 3-year return: -11.80%. 5-year return: -11.80%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty Top 20 Equal Weight ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.