
7
0.08%
0.06%
—
Moderate Risk
0.16
—
8.12
9.74
1.021
—
Bullish
77.07
8.78
—
Bearish
4
Neutral
6
Bullish
4
| 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 ₹9.13. 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, Mirae Asset Investment Managers, tracks the Nifty Top 20 Equal Weight Total Return Index and operates as an open-ended equity equal-weight strategy The fund aims close replication of the Nifty Top 20 Equal Weight (TRI) using an equal-weighted approach, reporting a tracking error of 0.1% which indicates high tracking precision to benchmark Portfolio holds ten near-equal large caps where Axis Bank (5.2%), Tata Motors PV (5.1%), Mahindra & Mahindra (5.1%) and others aggregate into a bank-heavy allocation of 25.2%, signalling sector skew Performance shows a one-year decline of -9.6% (1Y: -9.6%), with no published multi-year CAGRs in the dataset, and tracking error of 0.1% underscores tight benchmark alignment despite negative short-term return As at Dec 2025 the ETF held ₹6.6 Cr, charges an expense ratio 0.1%, keeps 99.9% equity, 0.1% cash, and names Mr. Ritesh Patel and Mr. Akshay Udeshi on record
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: -5.49%. 3-year return: -5.49%. 5-year return: -5.49%. 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
5
Neutral
14
Bullish
27
Bearish
1
Neutral
8
Bullish
23
AUM
₹ 7 Cr
Expense Ratio
0.08%
212.58
▼ 0.32%
36.52
▲ 0.22%
206.30
▲ 0.16%
47.97
▼ 0.23%
1098.06
▲ 0.04%
266.94
▼ 0.32%
9.13
▼ 0.33%
30.65
▲ 0.33%
81.10
▼ 0.27%
80.54
▼ 0.49%
340.47
▼ 0.29%
26.54
▲ 0.23%
27.81
▼ 0.54%
34.12
▲ 1.46%
169.57
▲ 0.29%
16.96
▲ 0.00%
23.92
▲ 0.29%
12.19
▲ 0.00%
33.47
▲ 1.39%
52.00
▲ 0.21%
145.24
▲ 1.00%
38.90
▼ 0.05%
23.77
▼ 0.59%
769.61
▼ 0.09%
223.70
▲ 2.38%
88.42
▲ 0.58%
42.26
▼ 0.66%
13.84
▼ 0.65%
14.09
▲ 0.00%
590.73
▼ 0.06%
13.32
▲ 0.38%
1000.00
▲ 0.00%
48.00
▼ 0.46%
18.38
▼ 0.22%
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
NEUTRAL
Consistency
NEUTRAL