Mirae Asset Nifty India Manufacturing Etf Fund Of Fund Overview
Category FoF Domestic
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹17.34(R) -1.9% ₹17.54(D) -1.9%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 30.89% -% -% -% -%
LumpSum (D) 31.39% -% -% -% -%
SIP (R) -37.44% -% -% -% -%
SIP (D) -37.16% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.

No data available

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - Growth 17.34
-0.3400
-1.9000%
Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW 17.41
-0.3400
-1.9000%
Mirae Asset Nifty India Manufacturing ETF FOF - Direct Plan - Growth 17.54
-0.3400
-1.9000%
Mirae Asset Nifty India Manufacturing ETF FOF - Direct Plan- IDCW 17.55
-0.3400
-1.9000%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: One return parameter of the Mirae Asset Nifty India Manufacturing ETF Fund of Fund is in the top 25% in the category, as shown below:
      • 1Y Return %
    2. Above Average Below the Top 25%: The Mirae Asset Nifty India Manufacturing ETF Fund of Fund has one return parameter in the category, which is above average but below the top 25%, as shown below:
      • 1M Return %
    3. Below Average: Mirae Asset Nifty India Manufacturing ETF Fund of Fund has two return parameters that are below average in the category, which are listed below:
      • 6M Return %
      • 3M Return %
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Mirae Asset Nifty India Manufacturing ETF Fund of Fund, we have analyzed zero 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 India Manufacturing ETF Fund of Fund 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 India Manufacturing ETF Fund of Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Nifty India Manufacturing ETF Fund of Fund 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 India Manufacturing ETF Fund of Fund, we have evaluated zero 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: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.10
0.66
-5.96 | 19.78 34 | 78 Good
3M Return % -9.62
-1.62
-11.17 | 36.32 63 | 66 Poor
6M Return % -5.55
3.24
-6.70 | 38.20 59 | 67 Poor
1Y Return % 30.89
18.72
6.55 | 82.26 7 | 73 Very Good
1Y SIP Return % -37.44
-33.84
-39.98 | 2.72 33 | 50 Average
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.12 0.70 -5.93 | 19.81 34 | 78
3M Return % -9.53 -1.52 -11.07 | 36.48 63 | 66
6M Return % -5.37 3.47 -6.47 | 38.47 59 | 67
1Y Return % 31.39 19.23 6.66 | 82.98 7 | 73
1Y SIP Return % -37.16 -33.77 -40.27 | 3.19 32 | 52
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.90 ₹ 9,810.00 -1.90 ₹ 9,810.00
1W -4.19 ₹ 9,581.00 -4.19 ₹ 9,581.00
1M 1.10 ₹ 10,110.00 1.12 ₹ 10,112.00
3M -9.62 ₹ 9,038.00 -9.53 ₹ 9,047.00
6M -5.55 ₹ 9,445.00 -5.37 ₹ 9,463.00
1Y 30.89 ₹ 13,089.00 31.39 ₹ 13,139.00
3Y ₹ ₹
5Y ₹ ₹
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 -37.44 ₹ 9,394.61 -37.16 ₹ 9,415.49
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Nifty India Manufacturing Etf Fund Of Fund NAV Regular Growth Mirae Asset Nifty India Manufacturing Etf Fund Of Fund NAV Direct Growth
20-12-2024 17.343 17.544
19-12-2024 17.679 17.884
18-12-2024 17.776 17.982
17-12-2024 17.883 18.09
16-12-2024 18.134 18.343
13-12-2024 18.102 18.311
12-12-2024 18.065 18.273
11-12-2024 18.191 18.4
10-12-2024 18.132 18.34
09-12-2024 18.145 18.354
06-12-2024 18.131 18.339
05-12-2024 18.027 18.233
04-12-2024 17.984 18.189
03-12-2024 18.039 18.245
02-12-2024 17.926 18.131
29-11-2024 17.741 17.942
28-11-2024 17.542 17.742
27-11-2024 17.685 17.886
26-11-2024 17.588 17.788
25-11-2024 17.656 17.856
22-11-2024 17.416 17.613
21-11-2024 17.155 17.349

Fund Launch Date: 01/Feb/2022
Fund Category: FoF Domestic
Investment Objective: The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India Manufacturing ETF. There is no assurance that the investment objective of the Scheme will be realized.
Fund Description: An open-ended fund of fund scheme predominantly investing in Mirae Asset Nifty India Manufacturing ETF.
Fund Benchmark: Nifty India Manufacturing Total Returns Index
Source: Fund FactSheet

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