Mirae Asset Nifty EV and New Age Automotive ETF
Equity ETFs Very High Risk Fund Managers: Vishal Singh, Ritesh Patel
📓 Notes
-3.77%
1Y Return
-0.99% 1D
Overview Returns Historical Holdings Peer Comparison Fund Managers AMC FAQ
Latest NAV
₹30.00
Fund Size
₹165 Cr
Turnover Ratio
—
Lock-in Period
Nil
Inception Date
10 Jul 2024
Return Since Inception
-4.31%
Fund Type
Open ended scheme
Min. Lumpsum / SIP
₹5000 / ₹0

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Index, subject to tracking error. The Scheme does not guarantee or assure any returns.

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NAV Performance
Historical Net Asset Value
-3.77% 1Y Return
≤ 1 year — Absolute; > 1 year — CAGR
Return Calculator
Estimation based on past performance
Monthly Investment
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Invested Amount
0
Est. Returns
0
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₹ 0 (0%)
Lumpsum Investment
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Returns and Rankings
Benchmark: Nifty EV and New Age Automotive - TRI
ETFs 1M3M6M9M1Y 2Y3Y4Y5Y10YALL
Fund returns -5.94%-5.37% 0.72%-1.59% -3.77%-4.86% N/AN/A N/AN/A -4.31%
Category returns -2.99%-4.52% -3.02%-5.03% -4.77%-2.03% 9%10.98% 7.45%11.5% N/A
Absolute returns -5.94%-5.37%0.72%-1.59%-3.77%-9.5%N/AN/AN/AN/A -9.54%
Rank within category 231/268 145/252 33/241 61/228 86/207 125/162 N/A N/A N/A N/A N/A
≤ 1 year — Absolute; > 1 year — CAGR
Historical Data
Benchmark: Nifty EV and New Age Automotive - TRI
ETFs 202420252026
Yearly returnsN/A6.37%-5.06%
Q1 returnsN/A-10.3%-16.47%
Q2 returnsN/A10.55%18.2%
Q3 returnsN/A4.35%-1.37%
Q4 returns-14.98%2.8%-2.51%
Expense Ratio, Exit Load & Tax
Expense Ratio: 0.48% (Inclusive of GST)
Exit Load

Advanced Ratios
Alpha-0.0341915
Beta0.9994
Sharpe Ratio-0.0942459
Sortino Ratio-0.156147
Risk Metrics
R-Squared0.9962
Tracking Error0.0626
Downside Risk27.7743
Std. Deviation (Annualised)19.1045
Peer Comparison
ETFs 1M3M6M9M1Y3Y5Y10YALL Fund Size (Cr)Exp. RatioSharpeRisk
Motilal Oswal BSE Healthcare ETF -7.16% -4.01% 10.11% 12.75% 6.7% 19.48% N/A N/A 19.41% 44.40 0.36 0.30 Very High
Nippon India Nifty Pharma ETF -4.12% -0.09% 14.11% 16.17% 15.52% 19.28% 12.79% N/A 12.07% 1,736.44 0.23 0.30 Very High
Motilal Oswal BSE Enhanced Value ETF -3.37% -6.03% -9.38% -9.5% -0.01% 18.7% N/A N/A 26.28% 146.61 0.43 0.20 Very High
DSP Nifty PSU Bank ETF -0.29% -1.08% -5.84% -7.11% 9.24% 18.66% N/A N/A 20.49% 1,434.17 0.16 0.15 Very High
ICICI Prudential Nifty PSU Bank ETF -0.32% -1.15% -6.01% -7.33% 8.91% 18.53% N/A N/A 26.2% 118.61 0.41 0.15 Very High
Nippon India ETF Nifty PSU Bank BeES -0.32% -1.17% -6.04% -7.39% 8.81% 18.35% 25.56% 10.01% 6.93% 3,932.00 0.51 0.14 Very High
Kotak Nifty PSU Bank ETF -0.32% -1.17% -6.06% -7.4% 8.79% 18.33% 25.56% 9.94% 6.36% 2,490.74 0.51 0.14 Very High
Aditya Birla Sun Life Nifty Healthcare ETF -6.38% -4.45% 7.53% 9.15% 4.95% 18.01% 0% N/A 12.85% 74.67 0.20 0.27 Very High
ICICI Prudential Nifty Healthcare ETF -6.38% -4.44% 7.56% 9.19% 5% 17.87% 12.38% N/A 12.86% 231.43 0.16 0.27 Very High
Mirae Asset Nifty EV and New Age Automotive ETF Current -5.94% -5.37% 0.72% -1.59% -3.77% N/A N/A N/A -4.31% 165.22 0.48 -0.09 Very High
Holdings (0)
Instrument Type
Sector
NameSectorInstrumentAssets %
Total0.00%
FUND MANAGERS
Managed By Experts
ME
Ms. Ekta Gala
in

Ms. Ekta Gala has over 3 years of experience as a dealer. Prior to this assignment, Ms. Ekta Gala was associated with ICICI Prudential Asset Management Company Ltd.

Age
27 Yrs
Experience
3 Years
Reported
07 Dec 2020
B.Com, Inter CA
MV
Mr. Vishal Singh
in

Mr. Vishal Singh has over 5 years of experience in the field of financial services. He has been associated with the AMC since June 2020. Prior to this assignment, Mr. Singh was associated with NSE Indices Ltd. where he was involved in development of index product and valuation of Indian fixed income securities. Mr. Singh also has an experience covering the global fixed income securities as an analyst for Aranca (India) Pvt. Ltd.

Age
29 Yrs
Experience
5 Years
Reported
28 Aug 2023
C.A., C.F.A, F.R.M, B.Com
FAQ
All You Need To Know About Mutual Funds
It is an Open ended scheme that primarily invests in ETFs.
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
The scheme benchmark is the Nifty EV and New Age Automotive - TRI.
It is classified as Very High Risk.
1-year: -3.77% | 3-year: N/A (scheme is younger than 3 years) | 5-year: N/A (scheme is younger than 5 years)
Top holdings include:
The NAV is around ₹30.00.
The fund's AUM is approximately ₹165 Cr.
The expense ratio for the Regular Plan is 0.48%.
.
Minimum SIP starts at ₹0.
The minimum lump sum investment is ₹5000.
You can start a SIP through the Sharescart platform. Enter KYC details, choose the Regular Growth option, set SIP amount and frequency, and submit.
The fund managers: Vishal Singh, Ritesh Patel
This fund is suitable for investors with a Very High risk tolerance.
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Mirae Asset Nifty EV and New Age Automotive ETF
Very High Risk | ETFs | Equity
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