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: 31-01-2025
NAV ₹16.73(R) +1.54% ₹16.93(D) +1.54%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 17.59% -% -% -% -%
LumpSum (D) 18.04% -% -% -% -%
SIP (R) -4.39% -% -% -% -%
SIP (D) -4.01% -% -% -% -%
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: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - Growth 16.73
0.2500
1.5400%
Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW 16.8
0.2500
1.5400%
Mirae Asset Nifty India Manufacturing ETF FOF - Direct Plan - Growth 16.93
0.2600
1.5400%
Mirae Asset Nifty India Manufacturing ETF FOF - Direct Plan- IDCW 16.94
0.2600
1.5500%

Review Date: 31-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated four return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
    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%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Four return parameters of the fund are below average in the category, which are listed below:
      • 1Y Return %
      • 1M Return %
      • 3M Return %
      • 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 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 % -3.54 -3.47
0.98
-12.99 | 8.25 49 | 58 Poor
3M Return % -6.50 -4.74
-0.18
-14.70 | 37.15 51 | 58 Poor
6M Return % -12.42 -7.92
4.08
-19.44 | 36.95 52 | 58 Poor
1Y Return % 17.59 10.06
19.02
6.15 | 77.12 23 | 55 Good
1Y SIP Return % -4.39
1.08
-38.07 | 57.17 29 | 53 Average
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
1M Return % -3.51 -3.47 1.01 -12.97 | 8.30 49 | 58
3M Return % -6.42 -4.74 -0.07 -14.62 | 37.28 51 | 58
6M Return % -12.26 -7.92 4.31 -19.25 | 37.22 52 | 58
1Y Return % 18.04 10.06 19.49 6.45 | 77.81 23 | 55
1Y SIP Return % -4.01 1.49 -37.94 | 57.70 29 | 53
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 1.54 ₹ 10,154.00 1.54 ₹ 10,154.00
1W 1.37 ₹ 10,137.00 1.38 ₹ 10,138.00
1M -3.54 ₹ 9,646.00 -3.51 ₹ 9,649.00
3M -6.50 ₹ 9,350.00 -6.42 ₹ 9,358.00
6M -12.42 ₹ 8,758.00 -12.26 ₹ 8,774.00
1Y 17.59 ₹ 11,759.00 18.04 ₹ 11,804.00
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 -4.39 ₹ 11,711.20 -4.01 ₹ 11,736.40
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
31-01-2025 16.734 16.935
30-01-2025 16.48 16.678
29-01-2025 16.409 16.606
28-01-2025 16.085 16.278
27-01-2025 16.174 16.367
24-01-2025 16.508 16.705
23-01-2025 16.76 16.96
22-01-2025 16.62 16.818
21-01-2025 16.738 16.938
20-01-2025 17.051 17.254
17-01-2025 16.971 17.173
16-01-2025 16.811 17.011
15-01-2025 16.703 16.901
14-01-2025 16.732 16.93
13-01-2025 16.389 16.583
10-01-2025 16.921 17.12
09-01-2025 17.207 17.411
08-01-2025 17.297 17.501
07-01-2025 17.363 17.568
06-01-2025 17.281 17.485
03-01-2025 17.678 17.886
02-01-2025 17.755 17.964
01-01-2025 17.484 17.689
31-12-2024 17.348 17.551

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.