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MIRAEAMC - SENSEXETF

SENSEXETF

₹80.71-₹0.70 (-0.86%) TodayLast updated on 07 Nov, 2024 | 13:23 IST

MIRAEAMC - SENSEXETF Chart

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etf-price-point
ETF is trading at a premiumMarket price ₹80.71 is higher than iNAV ₹80.60
👎 Be cautious, the ETF is expensive right now
  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹81.34
Close
₹81.41
Volume
11,107
Avg. traded
₹80.79
Circuit range
₹64.37 - ₹96.56
Day range
₹80.48 - ₹81.46
Year range
₹64.71 - ₹100.00
AUM
₹11.47 Cr

Managers

Ekta Gala, +1 more
Launch Date
03 Oct 2023
MIRAEAMC - SENSEXETF

About SENSEXETF Mirae Asset S&P BSE Sensex ETF.

  • Mirae Asset S&P BSE Sensex ETF is an open-ended value-oriented equity scheme that belongs to Mirae Mutual Fund House.
  • It includes stocks of the largest and most liquid companies across key economic sectors in India
  • Ekta Gala and Vishal Singh are the fund managers of Mirae Asset S&P BSE Sensex ETF
  • The ETF was launched on September 19, 2023.
  • Mirae Asset S&P BSE Sensex ETF has assets under management (AUM) that stood at ₹14.71 crore, as of June 30, 2024.
  • Mirae Asset S&P BSE Sensex ETF is traded on both stock exchanges, which enables investors to trade at market price during each session.
  • As the ETF is listed on Both Exchange NSE and BSE, one can invest by buying units through a demat account with a registered broker.

Investment Objective & Benchmark

  • The fund's investment objective is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
  • It is benchmarked against BSE Sensex TRI designed to measure the performance of the 30
  • largest and most liquid companies across key economic sectors of the Indian economy. Momentum score is calculated basis of 6-month and 12-month price returns, adjusted for volatility.
  • The ETF shortlists the top 75 companies based on an average 6-month float or total market cap. Companies with a weight of less than 0.50% based on float-adjusted market cap are excluded.
  • Categorised as a very high-risk instrument, this ETF is best suited for those who like to invest with a long-term wealth creation view.

Asset Allocation & Portfolio Composition

  • The fund's asset allocation comprises around 99.48% in equities and 0.52% in cash & cash equivalents.
  • The ETF majorly invests in companies with giant and large market capitalisations.
  • The top 10 company holdings make up xx% of its asset allocation

The top 10 holdings in stocks of Mirae Asset S&P BSE Sensex ETF include:

  • HDFC Bank Ltd: 13.61%
  • Reliance Industries Ltd: 11.63%
  • ICICI Bank Ltd: 9.25%
  • Infosys Ltd: 5.99%
  • Larsen & Toubro Ltd: 5.08%
  • ITC Ltd: 4.69%
  • Tata Consultancy Services Ltd: 4.53%
  • Bharti Airtel Ltd: 4.13%
  • Axis Bank Ltd: 3.93% 9
  • State Bank of India: 3.75%

Sector-wise allocation in this fund;

  • Financials: 37.83%
  • Information Technology: 13.66%
  • Energy: 11.66%
  • Consumer Discretionary: 8.42%
  • Consumer Staples: 8.16%
  • Materials: 5.49%
  • Industrials: 5.12%
  • Communication Services: 4.11%
  • Utilities: 3.68%
  • Health Care: 1.86%

Since its inception, Mirae Asset S&P BSE Sensex ETF has posted a 28.9 % return as of June 30, 2024.

Key indicators

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Tracking index
SENSEX

Expense Ratio

0.08%
Tracking error
0.04%

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Investment checklist: (3/6)
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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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MIRAEAMC - SENSEXETF Shareholder returns

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1 day
+1.23%
1 week
+0.69%
1 month
-1.62%
3 months
+2.42%
1 year
+24.16%
3 years
+22.73%
5 years
+22.73%

MIRAEAMC - SENSEXETF Price history

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DayOpenCloseChange %
Wed, Nov 6 2024
₹80.51
₹81.41
+1.23%
Tue, Nov 5 2024
₹79.72
₹80.42
+0.70%
Mon, Nov 4 2024
₹80.61
₹79.86
-1.18%
Fri, Nov 1 2024
₹81.00
₹80.81
+0.47%
Thu, Oct 31 2024
₹81.08
₹80.43
-0.52%
Wed, Oct 30 2024
₹81.18
₹80.85
-0.64%
Tue, Oct 29 2024
₹81.10
₹81.37
+0.42%
Mon, Oct 28 2024
₹80.62
₹81.03
+0.52%

Composition

Frequently asked questions