
7
0.08%
0.06%
—
Moderate Risk
0.18
—
8.19
9.74
1.110
—
Bearish
35.57
8.99
—
| Company | Weightage (%) |
| Axis Bank Ltd. | 5.15% |
| Tata Motors Passenger Vehicles Ltd. | 5.10% |
| Mahindra & Mahindra Ltd. | 5.10% |
| Kotak Mahindra Bank Ltd. | 5.07% |
| State Bank of India | 5.07% |
| Titan Company Ltd. | 5.06% |
| Larsen & Toubro Ltd. | 5.03% |
| Reliance Industries Ltd. | 5.02% |
| Maruti Suzuki India Ltd. | 5.01% |
| Bharti Airtel Ltd. | 4.98% |
Allocation
The current market price of Mirae Asset Nifty Top 20 Equal Weight ETF is ₹8.30. 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 by Mirae Asset Investment Managers (India) Private Limited is an Equity open-ended scheme replicating Nifty Top 20 Equal Weight Total Return Index The fund’s investment strategy implements an index-replicating approach to track Nifty Top 20 Equal Weight (TRI) benchmark, emphasising equal weighting, measured by a tracking error of 0.1% and minimal deviation Portfolio holds near-equal positions, led by Axis Bank 5.2%, Tata Motors Passenger Vehicles 5.1%, Mahindra & Mahindra 5.1%, top ten holdings total 50.6%, Banks sector allocation remains dominant at 25.2% Performance shows 1Y: -13.1%, reflecting index movement while low tracking error 0.1% confirms close replication; Equity allocation at 99.9% underscores concentrated market exposure and explains magnitude of short-term drawdown observed Operationally the ETF charges expense ratio 0.1%, manages AUM ₹6.6 Cr as on Dec 2025, and is co-managed by Mr. Ritesh Patel and Mr. Akshay Udeshi; minimal cash buffer 0.1%
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: -15.11%. 3-year return: -15.11%. 5-year return: -15.11%. 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.
Bearish
3
Neutral
6
Bullish
5
Bearish
22
Neutral
18
Bullish
6
Bearish
19
Neutral
12
Bullish
1
14.78
▲ 3.14%
67.39
▼ 0.63%
227.68
▲ 3.54%
34.17
▲ 1.70%
44.30
▲ 3.10%
144.12
▲ 1.77%
22.64
▲ 2.96%
1079.15
▲ 0.00%
188.75
▲ 0.71%
11.50
▲ 1.41%
149.74
▼ 4.68%
82.06
▲ 3.94%
523.01
▲ 2.32%
8.30
▲ 1.22%
35.48
▲ 1.31%
302.66
▲ 1.43%
27.17
▲ 2.99%
11.11
▲ 2.97%
144.87
▲ 1.81%
12.08
▲ 2.11%
31.27
▲ 2.29%
20.29
▲ 2.68%
75.08
▲ 1.67%
38.50
▲ 1.82%
9.94
▲ 2.26%
29.49
▼ 0.07%
24.81
▲ 2.18%
39.05
▲ 3.69%
38.90
▲ 1.83%
14.60
▲ 2.24%
245.48
▲ 1.64%
1000.00
▲ 0.00%
637.98
▲ 2.61%
23.19
▲ 4.93%
AUM
₹ 7 Cr
Expense Ratio
0.08%
Performance
STEADY PERFORMER
Technicals
Bearish
Risk
—
Liquidity
POOR
Consistency
NEUTRAL