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ETF📊 Respective Underlying Index(SEBI default)

Mirae Asset Nifty India Manufacturing ETF · Regular · Growth

Mirae Asset Mutual Fund

#43 of 241 (1Y)

NAV

₹161.7709

as of 15 Jul 2026

Expense Ratio

see scheme documents

AUM

₹233 Cr

Viewing Regular · Growth

Lumpsum returns (CAGR)

1Y
+10.62%
3Y
+19.37%
5Y
Since Inception
+17.78%

SIP returns (XIRR)

1Y
+10.65%
3Y
+13.31%
5Y
Since Inception
+17.19%

What history actually did — last 4 years (Jul 2022 – Jul 2026)

A ₹5,000 monthly SIP for the last 4 years (Jul 2022 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹3,29,164 today ₹2,40,000 invested, 16.5% XIRR.

₹2,40,000

Invested

₹3,29,164

Value today

16.5%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 4 years (Jul 2022 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 4 years ago would be ₹2,10,470 today (20.5% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 4 years (Jul 2022 – Jul 2026) (3 Jun 2024) would be ₹1,13,130 today (1.13×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.48

Sharpe Ratio

Alpha

Beta

0.46

Sortino

16.59%

Std Dev

-12.17%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 May 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryETF
BenchmarkRespective Underlying Index
Launch Date27 Jan 2022
AMFI Code149786
Transaction facts
Exit LoadNIL

Available transactions

Demat

Investment Objective

Mirae Asset Nifty India Manufacturing ETF · Regular · Growth 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 India Manufacturing ETF · Regular · Growth is a ETF mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹233 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index.

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
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