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Mirae Asset Mutual Fund
Mirae Asset Mutual Fund · ETFs

Mirae Asset Nifty Metal ETF

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Metal Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

EquityBenchmark · Nifty Metal TRITER · 0.41%Inception · 03-10-2024
NAV
13.65
+2.00% · as of 14-05-2026
Since inception
20.16%
CAGR
Benchmark (inception)
14.47%
CAGR
Fund size
₹5 Cr
AUM
Expense ratio
0.41%
30-04-2026
Performance

Returns vs benchmark & category

Since inception: +20.16% CAGR vs benchmark +14.47%.

Portfolio

Where the money is invested

Top holdings

TATA STEEL LIMITED EQ NEW FV RE.1/-19.92%
HINDALCO INDUSTRIES LIMITED EQ NEW FV RE. 1/-16.08%
VEDANTA LIMITED EQ NEW RS.1/-13.98%
JSW STEEL LIMITED EQ NEW FV RE. 1/-13.22%
ADANI ENTERPRISES LIMITED EQ NEW FV RE.1/-5.75%
JINDAL STEEL & POWER LIMITED EQ. NEW RS.15.18%
APL APOLLO TUBES LIMITED EQ NEW FV RS. 2/-4.43%
NATIONAL ALUMINIUM COMPANY LIMITED EQ NEW F.V. RS.5/-4.35%
NMDC LIMITED EQ NEW RS.1/-3.31%
JINDAL STAINLESS LIMITED EQ NEW2.86%

Sector allocation

Metals & Mining94.01%
Capital Goods5.77%
Riskometer
LowVery High
Very High

What if you'd SIP'd here?

@ 20.2% p.a.
₹10,000
10 years
Projected value
₹38,63,560
Invested: ₹12,00,000
Gained: ₹26,63,560
Start this SIP →

Illustration based on fund's since-inception return. Past performance is not indicative of future returns.

Risk Analysis

How this fund manages risk

Fund manager
M
Ms. Ekta Gala, Mr. Akshay Udeshi
Manager since fund inception data not available
ISIN & identifiers
AMFI code
152924
ISIN (Growth)
INF769K01LY7
ISIN (Div Re-inv)
Status
Open Ended Schemes
Peers

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