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Mirae AMC - MAMFGETF

MAKEINDIA

₹146.04+₹0.14 (0.10%) TodayLast updated on 09 Dec, 2024 | 09:36 IST

Mirae AMC - MAMFGETF Chart

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etf-price-point
ETF is trading at a premiumMarket price ₹146.04 is higher than iNAV ₹145.88
👎 Be cautious, the ETF is expensive right now
  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹148.54
Close
₹145.90
Volume
6,374
Avg. traded
₹146.04
Circuit range
₹116.28 - ₹174.42
Day range
₹145.69 - ₹150.37
Year range
₹105.01 - ₹161.10
AUM
₹211.33 Cr

Managers

Ekta Gala, +1 more
Launch Date
27 Jan 2022
Mirae AMC - MAMFGETF

About Mirae Asset Nifty India Manufacturing ETF

  • Mirae Asset Nifty India Manufacturing ETF is an open-ended fund-of-funds scheme offered Mirae Asset Mutual Fund House.
  • The scheme invests predominantly in various manufacturing industries, including automobiles, cement, chemicals and consumer goods.
  • The scheme rebalancing is done semi annually to represent current largest companies and sectors. Reconstitution of the ETF happens, semi-annually in June and December.
  • Ekta Gala and Vishal Singh are the fund managers.
  • Mirae Asset Nifty India Manufacturing ETF was launched on Jan 31, 2022.
  • Mirae Asset Nifty India Manufacturing ETF has assets under management (AUM) that stood at ₹190.47 crore as of June 30, 2024.
  • The fund is traded on both stock exchanges, which enables investors to trade at market price during each session.
  • One can invest in the scheme by buying the ETF units through a demat account with a registered broker.

Investment Objective & Benchmark

  • The investment objective is to provide returns that correspond to the total return of the underlying index, subject to tracking errors.
  • It is benchmarked against the Nifty Manufacturing Total Return Index which tracks the performance of India’s manufacturing sector. It is a subset of the Nifty 500 Index.
  • The objective of ETF is to represent the top 75 companies from the Nifty 500, selected based on float-adjusted market capitalisation and liquidity across key sectors of thE economy.
  • The Mirae Asset Nifty India Manufacturing ETF aims to provide long-term capital appreciation by investing in a portfolio composed of units from the Mirae Asset Nifty India Manufacturing ETF.
  • The risk factor level of Mirae Asset Nifty India Manufacturing ETF is very high. The fund is suitable for investors with a time horizon of 3 years and above.

Asset Allocation & Portfolio Composition

  • The fund's asset allocation comprises around 99.86% in equities and 0.14% in cash & cash equivalents.
  • The ETF invests in companies across market capitalisations – 46.61% in giant, 20.73% in large-cap, 23.60% in mid-cap, 8.86% in small-cap and 0.19% in tiny-cap.
  • The top 10 company holdings in the ETF make up 39.34% of the asset allocation.

Top 10 holdings in stocks of Nifty India Manufacturing ETF include:

  • Reliance Industries Limited: 5.36%
  • Mahindra & Mahindra Limited: 4.91%
  • Tata Motors Limited: 4.87%
  • aSun Pharmaceutical Industries Limited: 4.59%
  • Maruti Suzuki India Limited: 4.44%
  • Tata Steel Limited: 4.01%
  • Bajaj Auto Limited: 2.96%
  • Hindalco Industries Limited: 2.83%
  • Bharat Electronics Limited: 2.83%
  • Hindustan Aeronautics Limited: 2.54%

Sector-wise allocation in this fund;

  • Pharma & Biotech: 22.54%
  • Petroleum Products: 14.09%
  • Auto Components: 8.99%
  • Ferrous Metals: 8.56%
  • Industrial Products: 6.93%
  • Electrical Equipment: 5.55%
  • Aerospace & Defense: 5.37%
  • Chemicals & Petrochemicals: 4.82%
  • Consumer Durables: 4.80%
  • Others: 10.72%

Mirae Asset Nifty India Manufacturing ETF has given a return of 59.11% in the last year as of June 30, 2024, compared to the benchmark index’s 59.96 yield.

Since its inception, the fund has generated a return of 30.35% for its investors.

Key indicators

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Tracking index
NIFTY INDIA MFG

Expense Ratio

0.46%
Tracking error
NA

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Investment checklist: (2/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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Mirae AMC - MAMFGETF Shareholder returns

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1 day
+0.58%
1 week
+2.21%
1 month
-0.70%
3 months
-3.41%
1 year
+36.89%
3 years
+81.15%
5 years
+81.15%

Mirae AMC - MAMFGETF Price history

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DayOpenCloseChange %
Fri, Dec 6 2024
₹146.96
₹145.90
+0.58%
Thu, Dec 5 2024
₹145.11
₹145.06
+0.24%
Wed, Dec 4 2024
₹145.59
₹144.71
-0.30%
Tue, Dec 3 2024
₹144.70
₹145.15
+0.63%
Mon, Dec 2 2024
₹143.99
₹144.24
+1.05%
Fri, Nov 29 2024
₹142.96
₹142.74
+1.13%
Thu, Nov 28 2024
₹145.14
₹141.14
-0.81%
Wed, Nov 27 2024
₹143.47
₹142.29
+0.55%

Frequently asked questions

What is the Mirae AMC - MAMFGETF share price today?

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Mirae AMC - MAMFGETF share price is ₹ 146.04 today.

What is today’s high & low share price of Mirae AMC - MAMFGETF?

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Mirae AMC - MAMFGETF share price high: ₹ 150.37 and low: ₹ 145.69

What is Assets Under Management (AUM) of Mirae AMC - MAMFGETF shares today on the NSE?

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Mirae AMC - MAMFGETF Assets Under Management (AUM) of ₹ 211.33 Crores.

What is the Mirae AMC - MAMFGETF share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 161.10 and Low Price is ₹ 105.01

What is the Mirae AMC - MAMFGETF Stock Symbol?

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The Mirae AMC - MAMFGETF Stock symbol is MAKEINDIA.

Can I buy Mirae AMC - MAMFGETF shares on Holidays?

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No, shares of Mirae AMC - MAMFGETF or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Mirae AMC - MAMFGETF shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.