Mirae Asset Nifty500 Multicap 50:25:25 ETF Review – Mirae Asset Nifty500 Multicap 50:25:25 ETF Direct NFO Open on 12 August 2024 and Close on 26 August 2024. Mirae Asset Nifty500 Multicap 50:25:25 ETF Direct NFO Allotment Date is 30 August 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5,000. The Minimum SIP Investment Amount is N/A.
Type of the Scheme
An open-ended scheme replicating/tracking Nifty500 Multicap 50:25:25 Total Return Index.
Scheme Benchmark : Nifty500 Multicap 50:25:25 TRI (Total Return Index) – Rationale for adoption of benchmark: The Trustees have adopted Nifty500 Multicap 50:25:25 Index
as the benchmark index. As per its investment objective, the investment would primarily be in Securities which are constituents of the benchmark index. Thus, the composition of the aforesaid benchmark index is such that it is most suited for comparing performance of the Scheme.
Mirae Asset Nifty500 Multicap 50:25:25 ETF Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 4.39 |
| Reliance Industries Ltd. | 3.68 |
| ICICI Bank Ltd. | 3.09 |
| Infosys Ltd. | 2.44 |
| ITC Ltd. | 1.65 |
| Larsen & Toubro Ltd. | 1.61 |
| Tata Consultancy Services Ltd. | 1.60 |
| Bharti Airtel Ltd. | 1.44 |
| State Bank of India | 1.21 |
| Axis Bank Ltd. | 1.20 |
Mirae Asset Nifty500 Multicap 50:25:25 ETF Nfo Important Date
| Scheme Offer | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|
| Offer Price | Rs. 1 per Unit |
| Type of Scheme | An open-ended |
| Open Date | 12 Aug 2024 |
| Close Date | 26 Aug 2024 |
| Allotment Date | 30 Aug 2024 |
| Category | Other Schemes - Exchange Traded Fund (ETF) |
| Min Inv ₹ | 5,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty500 Multicap 50:25:25 TRI |
Investment Objective of the Scheme ?
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty500 Multicap 50:25:25 Total Return Index,
subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.
Mirae Asset Nifty500 Multicap 50:25:25 ETF Other Details
| Exit Load | NIL |
|---|---|
| Exit Load Details | N/A |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 5,000 |
| Min. SIP | N/A |
Mirae Asset Nifty500 Multicap 50:25:25 ETF Review Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Securities included in the Nifty500 Multicap 50:25:25 Index | 95% | 100% |
| Money market instruments including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds. | 0% | 5% |
Mirae Asset Nifty500 Multicap 50:25:25 ETF Review Manager Details
- Fund Manger : Ms. Ekta Gala
- Qualification : B.Com & Inter CA (IPCC)
- Experience : Ms. Ekta Gala has over 6 years of experience as a dealer. Prior to this assignment, Ms. Ekta Gala was associated with ICICI Prudential Asset Management Company Ltd. The other schemes being managed by Ms. Ekta Gala are: 1. Mirae Asset Nifty 50 ETF 2. Mirae Asset Nifty Next 50 ETF 3. Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund
4. Mirae Asset Nifty 100 ESG Sector Leaders ETF 5. Mirae Asset NYSE Fang+ ETF Fund of Fund 6. Mirae Asset Nifty Financial Services ETF 7. Mirae Asset S&P 500 Top 50 ETF Fund of Fund 8. Mirae Asset Nifty India Manufacturing ETF 9. Mirae Asset Nifty Midcap 150 ETF 10. Mirae Asset Hang Seng TECH ETF Fund of Fund 11. Mirae Asset Nifty India Manufacturing ETF Fund of Fund 12. Mirae Asset Nifty 100 Low Volatility 30 ETF 13. Mirae Asset Nifty Midcap 150 ETF 14. Mirae Asset Nifty Bank ETF 15.Mirae Asset Nifty IT ETF 16. Mirae Asset Nifty 200 Alpha 30 ETF 17. Mirae Asset BSE Sensex ETF 18. Mirae Asset Smallcap 250 Momentum Quality 100 ETF 19. Mirae Asset SmallCap 250 Momentum Quality 100 ETF Fund of Fund 20. Mirae Asset Nifty MidSmallCap.
- Fund Manger : Mr. Vishal Singh
- Qualification : C.A.; C.F.A; F.R.M; B.Com
- Experience : Mr. Vishal Singh has over 5 years of experience in the field of financial services. Prior to this assignment, Mr. Singh was associated with NSE Indices Limited. The other schemes being managed by Mr. Vishal Singh are: 1. Mirae Asset Nifty 50 ETF 2. Mirae Asset Nifty Next 50 ETF 3. Mirae Asset Midcap 150 ETF 4. Mirae Asset Nifty Bank ETF 5. Mirae Asset Nifty Financial Services ETF 6. Mirae Asset Nifty 100 Low Volatility 30 ETF 7. Mirae Asset Nifty India Manufacturing ETF 8. Mirae Asset Nifty India Manufacturing ETF Fund of Fund 9. Mirae Asset NYSE FANG+ ETF Fund of Fund 10. Mirae Asset S&P 500 Top 50 ETF Fund of Fund 11. Mirae Asset Hang Seng TECH ETF Fund of Fund 12. Mirae Asset Nifty IT ETF 13. Mirae Asset BSE Sensex ETF 14. Mirae Asset Nifty 200 Alpha 30 ETF 15. Mirae Asset Nifty 200 Alpha 30 ETF Fund of Fund.
Mirae Asset Nifty500 Multicap 50:25:25 ETF Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services 25.10 | 25.10 |
| Capital Goods 8.77 | 8.77 |
| Information Technology 8.30 | 8.30 |
| Automobile and Auto Components 7.32 | 7.32 |
| Healthcare 7.09 | 7.09 |
| Oil, Gas & Consumable Fuels 7.03 | 7.03 |
| Fast Moving Consumer Goods 5.92 | 5.92 |
| Consumer Durables 3.71 | 3.71 |
| Chemicals 3.42 | 3.42 |
| Consumer Services 3.41 | 3.41 |
| Power 3.28 | 3.28 |
| Construction 3.26 | 3.26 |
| Metals & Mining 3.18 | 3.18 |
| Telecommunication 2.69 | 2.69 |
| Services 2.19 | 2.19 |
| Realty 1.91 | 1.91 |
| Construction Materials 1.87 | 1.87 |
| Textiles 0.56 | 0.56 |
| Media, Entertainment & Publication 0.43 | 0.43 |
| Diversified 0.33 | 0.33 |
| Forest Materials 0.22 | 0.22 |
Mirae Asset Nifty500 Multicap 50:25:25 ETF Review Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 3.55 | 23.34 | 44.08 | 24.71 | 15.58 |
| Total Return | 3.64 | 23.98 | 45.31 | 25.94 | 17.11 |
Where will this Scheme Invest ?
- Equity and Equity Related Instruments.
- Debt & Money Market Instruments.
- Investment in Derivatives.
Also Read: Aditya Birla Sun Life Nifty India Defence Index Fund Review
Manager Manage the Scheme?
- Ms. Ekta Gala
- Mr. Vishal Singh
Mirae Asset Nifty500 Multicap 50:25:25 ETF Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
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