Previously Known As : Mirae Asset Nifty 50 Etf (Man50etf)
Mirae Asset Nifty 50 Etf Overview
Category ETF
BMSMONEY Rank 40
BMSMONEY Rating
Gro. Opt. As On: 31-01-2025
NAV ₹251.0(R) +1.14% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 9.48% 11.96% 15.66% -% -%
LumpSum (D)
SIP (R) 0.68% 13.4% 15.89% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.34 0.19 0.58 -0.06% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.79% -13.82% -9.77% 1.0 8.7%
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NAV Date: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty 50 ETF (MAN50ETF) 251.0
2.8300
1.1400%

Review Date: 31-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed six return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: Five return parameters of the Mirae Asset Nifty 50 ETF are above average but below the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 1Y Return %
      • 3Y Return %
      • 5Y Return %
    3. Below Average: Mirae Asset Nifty 50 ETF has one return parameter that is below average in the category, which is listed below:
      • 6M Return %
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Mirae Asset Nifty 50 ETF, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Mirae Asset Nifty 50 ETF does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset Nifty 50 ETF has two risk parameters that are below average but above the lowest 25% in the category. These are:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 12.79 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 8.7 %.
    3. Above Average: Mirae Asset Nifty 50 ETF does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Mirae Asset Nifty 50 ETF, we have evaluated four risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Mirae Asset Nifty 50 ETF has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Mirae Asset Nifty 50 ETF has a Sharpe Ratio of 0.34 compared to the category average of -1.34.
      • Sortino Ratio: Mirae Asset Nifty 50 ETF has a Sortino Ratio of 0.19 compared to the category average of 0.17.
    3. Below Average Risk Adjusted Performance Parameters: Mirae Asset Nifty 50 ETF has two risk-adjusted performance parameters of the fund that are below average in the category.
      • Sterling Ratio: Mirae Asset Nifty 50 ETF has a Sterling Ratio of 0.58 compared to the category average of 0.58.
      • Treynor Ratio: Mirae Asset Nifty 50 ETF has a Treynor Ratio of 0.04 compared to the category average of 0.08.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.45
-1.76
-12.90 | 8.31 54 | 183 Good
3M Return % -2.71
-2.89
-14.77 | 19.95 60 | 183 Good
6M Return % -5.33
-4.14
-20.18 | 25.22 93 | 183 Average
1Y Return % 9.48
4.41
-89.61 | 55.95 83 | 169 Good
3Y Return % 11.96
5.66
-49.40 | 38.17 45 | 108 Good
5Y Return % 15.66
3.13
-54.21 | 33.08 24 | 70 Good
1Y SIP Return % 0.68
-0.79
-32.59 | 24.18 59 | 163 Good
3Y SIP Return % 13.40
15.22
-8.04 | 43.33 51 | 97 Average
5Y SIP Return % 15.89
14.04
-8.32 | 40.77 23 | 60 Good
Standard Deviation 12.79
14.04
0.00 | 40.57 33 | 88 Good
Semi Deviation 8.70
9.64
0.00 | 24.49 33 | 88 Good
Max Drawdown % -9.77
-13.04
-43.82 | 0.00 29 | 88 Good
VaR 1 Y % -13.82
-16.69
-55.55 | 0.00 35 | 88 Good
Average Drawdown % -6.51
-6.73
-43.82 | 0.00 55 | 88 Average
Sharpe Ratio 0.34
-1.34
-144.34 | 1.65 44 | 86 Good
Sterling Ratio 0.58
0.58
-0.05 | 1.62 38 | 88 Good
Sortino Ratio 0.19
0.17
-1.00 | 1.00 44 | 88 Good
Jensen Alpha % -0.06
-0.11
-1.28 | 4.76 9 | 33 Very Good
Treynor Ratio 0.04
0.08
-0.02 | 0.29 19 | 33 Average
Modigliani Square Measure % 11.53
15.18
4.85 | 37.27 21 | 33 Average
Alpha % -0.07
-0.36
-1.77 | 3.19 5 | 33 Very Good
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 12.79 14.04 0.00 | 40.57 33 | 88
Semi Deviation 8.70 9.64 0.00 | 24.49 33 | 88
Max Drawdown % -9.77 -13.04 -43.82 | 0.00 29 | 88
VaR 1 Y % -13.82 -16.69 -55.55 | 0.00 35 | 88
Average Drawdown % -6.51 -6.73 -43.82 | 0.00 55 | 88
Sharpe Ratio 0.34 -1.34 -144.34 | 1.65 44 | 86
Sterling Ratio 0.58 0.58 -0.05 | 1.62 38 | 88
Sortino Ratio 0.19 0.17 -1.00 | 1.00 44 | 88
Jensen Alpha % -0.06 -0.11 -1.28 | 4.76 9 | 33
Treynor Ratio 0.04 0.08 -0.02 | 0.29 19 | 33
Modigliani Square Measure % 11.53 15.18 4.85 | 37.27 21 | 33
Alpha % -0.07 -0.36 -1.77 | 3.19 5 | 33
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.14 ₹ 10,114.00 ₹
1W 1.84 ₹ 10,184.00 ₹
1M -0.45 ₹ 9,955.00 ₹
3M -2.71 ₹ 9,729.00 ₹
6M -5.33 ₹ 9,467.00 ₹
1Y 9.48 ₹ 10,948.00 ₹
3Y 11.96 ₹ 14,033.00 ₹
5Y 15.66 ₹ 20,694.00 ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 0.68 ₹ 12,044.06 ₹
3Y ₹ 36000 13.40 ₹ 43,988.80 ₹
5Y ₹ 60000 15.89 ₹ 89,333.34 ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Nifty 50 Etf NAV Regular Growth Mirae Asset Nifty 50 Etf NAV Direct Growth
31-01-2025 251.0047 None
30-01-2025 248.1775 None
29-01-2025 247.2564 None
28-01-2025 245.0336 None
27-01-2025 243.6678 None
24-01-2025 246.4742 None
23-01-2025 247.6814 None
22-01-2025 247.1483 None
21-01-2025 245.7551 None
20-01-2025 249.1686 None
17-01-2025 247.6597 None
16-01-2025 248.5884 None
15-01-2025 247.5371 None
14-01-2025 247.1416 None
13-01-2025 246.1809 None
10-01-2025 249.8665 None
09-01-2025 250.8799 None
08-01-2025 252.6124 None
07-01-2025 252.815 None
06-01-2025 251.8377 None
03-01-2025 255.9836 None
02-01-2025 257.9453 None
01-01-2025 253.1918 None
31-12-2024 252.1458 None

Fund Launch Date: 19/Nov/2018
Fund Category: ETF
Investment Objective: The investment objective of thescheme is to generate returns, beforeexpenses, that are commensuratewith the Performance of the Nifty 50Index, subject to tracking error. TheScheme does not guarantee orassure any returns.
Fund Description: An open ended schemereplicating/tracking Nifty 50 Index
Fund Benchmark: Nifty 50 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.