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Mirae Asset Nifty EV and New Age Automotive ETF

Mirae Asset Mutual Fund

#120 of 229 (1Y)

₹30.7467

0.45 (-1.45%)

NAV as of 29 May 2026

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-4.19%
1 Month-1.10%
3 Months-3.74%
6 Months-6.52%
1 Year+0.35%
3 Years (CAGR)
5 Years (CAGR)
10 Years (CAGR)
Since Inception (Jul 2024)-6.20%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP-1.56%
3 Year SIP
5 Year SIP
Since Inception (Jul 2024)-2.09%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹11,000

Invested

₹11,301

Value today

2.9%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹927

Value today

-3.9%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,43,107

Value today

+15.6%

vs lumpsum

STP beat direct lumpsum by 15.6% — reduced timing risk paid off

Model your own STP with real NAV

Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryETF
Plan Typeregular
Optiongrowth
AUM₹155 Cr
Expense Ratio0.41%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkRespective Underlying Index
Launch Date10 Jul 2024
AMFI Code152715

Risk Metrics

Trailing 1 year, annualised

-0.38

Sharpe Ratio

Alpha

Beta

-0.38

Sortino

19.19%

Std Dev

-22.55%

Max Drawdown

Portfolio Strategy

This is an Exchange Traded Fund (ETF) listed on Indian stock exchanges. It passively tracks an index or commodity.

Tracks:Respective Underlying Index

ETF, FoF, and index funds track an index or target fund — not individual securities. Portfolio performance is captured via NAV and benchmark returns shown above.

Performance Comparison

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Investment Objective

Mirae Asset Nifty EV and New Age Automotive ETF is an exchange-traded fund (ETF) that trades on stock exchanges like a regular share. It offers real-time pricing, low expense ratios, and the flexibility to buy and sell units throughout the trading day.

About This Fund

Mirae Asset Nifty EV and New Age Automotive ETF is a ETF mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹155 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index. The current expense ratio is 0.41%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations