Business News›Mutual Funds›Mirae Asset Mutual Fund › Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
Unrated
NAV as of Jan 14, 2025
8.501.88%
(Earn upto 0.40% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.32%(0.45% Category
average)Fund Size:
Rs. 191.61 Cr(0.04% of Investment in Category)
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Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
Unrated
NAV as of Jan 14, 2025
8.501.88%
Expense Ratio:
0.32%
Fund Size:
Rs. 191.61 Cr
Fund Category:
Equity: Large Cap
Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan as of Jan 14, 2025 is Rs 8.50 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -12.9% (since launch). Whereas, Category returns for the same time duration are: 12.069312780044203% (1yr), 11.777172522210986% (3yr) and 15.709804525579328% (5yr).
3. Fund Size: The Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 191.6084 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.32% for Direct plan as on Dec 31, 2024.
5. Exit Load: Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.05%, if redeemed within 15 Days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
1. Current NAV: The Current Net Asset Value of the Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan as of Jan 14, 2025 is Rs 8.50 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -12.9% (since launch). Whereas, Category returns for the same time duration are: 12.069312780044203% (1yr), 11.777172522210986% (3yr) and 15.709804525579328% (5yr).
3. Fund Size: The Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 191.6084 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.32% for Direct plan as on Dec 31, 2024.
5. Exit Load: Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.05%, if redeemed within 15 Days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -12.80 -17.20 - - - - Category Avg -8.45 -9.67 -7.67 8.21 10.48 15.08 Rank within Category 46 42 - - - - No. of funds within Category 150 149 145 138 113 94 - Loading...
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Return Comparison
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Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the Scheme will be achieved.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Jul 26, 2024 |
| Benchmark | Nifty 200 Alpha 30 Total Return Index |
| Return Since Launch | -16.62% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 0.05%, if redeemed within 15 Days. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 1 | 1 | 1 | 1 | 1 | 1 |
| Top 5 Company Holdings | 100.0% | 99.93% | 100.19% | 100.2% | 99.07% | 101.03% |
| Top 10 Company Holdings | 100.0% | 99.93% | 100.19% | 100.2% | 99.07% | 101.03% |
| Company with Highest Exposure | Mirae Asset Nifty 200 Alpha 30 ETF-G (100.0%) | Mirae Asset Nifty 200 Alpha 30 ETF-G (99.93%) | Mirae Asset Nifty 200 Alpha 30 ETF-G (100.19%) | Mirae Asset Nifty 200 Alpha 30 ETF-G (100.2%) | Mirae Asset Nifty 200 Alpha 30 ETF-G (99.07%) | Mirae Asset Nifty 200 Alpha 30 ETF-G (101.03%) |
| Number of Sectors | 10 | 11 | 11 | 11 | 11 | 11 |
| Top 3 Sector Holdings | 56.25% | 52.67% | 53.22% | 52.63% | 55.04% | 57.05% |
| Top 5 Sector Holdings | 72.3% | 70.3% | 70.21% | 69.2% | 73.37% | 74.66% |
| Sector with Highest Exposure | Services (27.1%) | Capital Goods (22.75%) | Capital Goods (21.52%) | Capital Goods (20.53%) | Capital Goods (27.65%) | Capital Goods (29.13%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Mirae Asset Nifty 200 Alpha 30 ETF-G Unclassified 100.2 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW 8.50 Unrated 191.61 -11.15 - - - JM Large Cap Fund Direct Plan-IDCW 66.52 480.41 -9.52 9.53 13.19 17.46 Sundaram Select Focus Fund Direct-IDCW 18.73 1,353.89 -2.52 25.71 18.04 18.50 Quant Focused Fund Direct-IDCW 52.49 1,075.42 -7.04 6.70 15.19 22.14 ICICI Prudential Bluechip Fund Direct-IDCW 58.25 63,264.30 -6.87 12.65 14.51 18.12
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Mirae Asset Mutual Fund News
Fund Manager
- E.G.Ekta GalaSince Jul 20247 schemes
- V.S.Vishal SinghSince Jul 20246 schemes
Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty 50 Index Fund Direct-IDCW Large Cap 9.51 Unrated 13.31 - Mirae Asset Nifty LargeMidcap 250 Index Fund Direct-IDCW Large & MidCap 9.46 Unrated 13.06 - Mirae Asset Nifty Total Market Index Fund Direct-IDCW Flexi Cap 9.51 Unrated 32.32 - Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - IDCW Thematic 9.68 Unrated 215.74 - Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW Thematic 10.24 Unrated 194.33 - Mirae Asset Nifty India Manufacturing ETF FoF Direct - IDCW Thematic 16.93 Unrated 109.34 17.59 Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct-IDCW Thematic-ESG 17.21 Unrated 98.26 6.53 Mr. Singh has done B.Com, CA, CFA and FRM Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty LargeMidcap 250 Index Fund Direct-IDCW Large & MidCap 9.46 Unrated 13.06 - Mirae Asset Nifty 50 Index Fund Direct-IDCW Large Cap 9.51 Unrated 13.31 - Mirae Asset Nifty Total Market Index Fund Direct-IDCW Flexi Cap 9.51 Unrated 32.32 - Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - IDCW Thematic 9.68 Unrated 215.74 - Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW Thematic 10.24 Unrated 194.33 - Mirae Asset Nifty India Manufacturing ETF FoF Direct - IDCW Thematic 16.93 Unrated 109.34 17.59
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Direct- Growth | 39,554.76 | -1.39 | -6.92 | 0.72 | 14.24 | 11.92 | |
| Mirae Asset Large & Midcap Fund Direct-Growth | 38,680.34 | -0.93 | -6.83 | -0.47 | 16.67 | 14.96 | |
| Mirae Asset ELSS Tax Saver Fund Direct-Growth | 25,315.16 | -1.01 | -5.93 | 1.49 | 18.35 | 15.57 | |
| Mirae Asset Midcap Fund Direct - Growth | 16,695.39 | 0.06 | -6.50 | 0.65 | 20.39 | 20.45 | |
| Mirae Asset Liquid Fund Direct- Growth | 15,672.78 | 0.60 | 1.78 | 3.60 | 7.46 | 6.50 | |
| Mirae Asset Aggressive Hybrid Fund Direct-Growth | 9,054.40 | -1.04 | -5.15 | 1.75 | 15.36 | 13.07 | |
| Mirae Asset Focused Fund Direct - Growth | 8,286.63 | -0.04 | -3.52 | 7.46 | 17.97 | 9.75 | |
| Mirae Asset Great Consumer Fund Direct-Growth | 4,156.07 | 0.04 | -10.16 | 3.33 | 19.83 | 20.67 | |
| Mirae Asset Multicap Fund Direct - Growth | 3,437.28 | -0.64 | -4.98 | 1.33 | 18.70 | - | |
| Mirae Asset Arbitrage Fund Direct - Growth | 3,061.15 | 0.74 | 2.00 | 3.82 | 8.29 | 7.01 |
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About Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
1. Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan is Open-ended Large Cap Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Jul 26, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the Scheme will be achieved. "
2. It is benchmarked against Nifty 200 Alpha 30 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.999831% in equities, 0.0% in debts and 0.00016901% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 100.2% of the assets, the top 3 sectors constitute around 56.25% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan is Open-ended Large Cap Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Jul 26, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the Scheme will be achieved. "
2. It is benchmarked against Nifty 200 Alpha 30 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.999831% in equities, 0.0% in debts and 0.00016901% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 100.2% of the assets, the top 3 sectors constitute around 56.25% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW
- Is it safe to invest in Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan comes under Very High risk category.
- What is the category of Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan?Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan?The suggested investment horizon of investing into Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan?The Mirae Asset Nifty 200 Alpha 30 ETF FoF - Direct Plan is managed by Ekta Gala (Since Jul 08, 2024) and Vishal Singh (Since Jul 08, 2024).
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