Mirae Asset Nifty It Etf Overview
Category ETF
BMSMONEY Rank N/A
Rating N/A
Growth Option 13-03-2025
NAV ₹37.14(R) -0.52% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -0.17% -% -% -% -%
Direct
Benchmark
SIP (XIRR) Regular -13.03% -% -% -% -%
Direct
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top ETF
Fund Name Rank Rating
Mirae Asset S&P 500 Top 50 ETF 1
- 2
Mirae Asset NYSE FANG+ ETF 3
ICICI Prudential Nifty Healthcare ETF 4
Aditya Birla Sun Life Nifty Healthcare ETF 5
Mirae Asset Nifty Financial Services ETF 6
Axis NIFTY Healthcare ETF 7
Nippon India Nifty Pharma ETF 8
ICICI Prudential Nifty India Consumption ETF 9
SBI Nifty Consumption ETF 10
Nippon India ETF Nifty India Consumption 11
UTI Nifty Bank ETF 12
Nippon India Nifty Auto ETF 13
Mirae Asset Nifty India Manufacturing ETF 14
Axis NIFTY India Consumption ETF 15
Kotak Nifty Midcap 50 ETF 16
UTI BSE Sensex Next 50 Exchange Traded Fund 17
SBI BSE Sensex Next 50 ETF 18
Nippon India Etf Nifty Midcap 150 19
Motilal Oswal Nifty Midcap 100 ETF 20

NAV Date: 13-03-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty IT ETF 37.14
-0.1900
-0.5200%

Review Date: 13-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the four return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided 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 %
      • 6M Return %
      • 3M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed zero risk parameters of Mirae Asset Nifty IT ETF, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Mirae Asset Nifty IT 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 IT ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Nifty IT ETF does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    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.


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.


Date Mirae Asset Nifty It Etf NAV Regular Growth Mirae Asset Nifty It Etf NAV Direct Growth
13-03-2025 37.1365 None
12-03-2025 37.3301 None
11-03-2025 38.4504 None
10-03-2025 38.7017 None
07-03-2025 38.883 None
06-03-2025 39.2171 None
05-03-2025 39.1421 None
04-03-2025 38.3244 None
03-03-2025 38.6715 None
28-02-2025 38.3674 None
27-02-2025 40.0418 None
25-02-2025 40.2318 None
24-02-2025 40.5561 None
21-02-2025 41.6854 None
20-02-2025 42.016 None
19-02-2025 42.0761 None
18-02-2025 42.6315 None
17-02-2025 42.2294 None
14-02-2025 42.4744 None
13-02-2025 42.4791 None

Fund Launch Date: 20/Oct/2023
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty IT Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Fund Description: (An open-ended scheme replicating/tracking Nifty IT Total Return Index)
Fund Benchmark: Nifty IT TRI (Total Return Index)
Source: Fund FactSheet

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