Mirae Asset Nifty It Etf Overview
Category ETF
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹44.76(R) -2.63% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 28.31% -% -% -% -%
LumpSum (D)
SIP (R) -21.55% -% -% -% -%
SIP (D)
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
bharat 22 etf 1
cpse etf 2
Nippon India ETF Nifty Dividend Opportunities 50 3
Uti Nifty Next 50 Exchange Traded Fund 4
Aditya Birla Sun Life Nifty Healthcare ETF 5
UTI BSE Sensex Next 50 Exchange Traded Fund 6
Nippon India Etf Nifty Midcap 150 7
SBI BSE Sensex Next 50 ETF 8
Motilal Oswal Nifty Midcap 100 ETF 9
Icici Prudential Nifty Next 50 Etf 10
mirae asset nifty next 50 etf 11
kotak nifty 50 value 20 etf 12
Nippon India Nifty Pharma ETF 13
ICICI Prudential Nifty Healthcare ETF 14
SBI Nifty Next 50 ETF 15
Mirae Asset NYSE FANG+ ETF 16
Nippon India ETF BSE Sensex Next 50 17

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty IT ETF 44.76
-1.2100
-2.6300%

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%: Four return parameters of the Mirae Asset Nifty IT ETF are in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    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: Mirae Asset Nifty IT ETF has no return parameters that are below average in the category.
  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.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.33
1.46
-5.44 | 8.69 19 | 185 Very Good
3M Return % 4.26
-5.44
-15.38 | 22.24 3 | 181 Very Good
6M Return % 26.10
1.83
-12.05 | 26.10 1 | 181 Very Good
1Y Return % 28.31
10.54
-89.90 | 56.82 32 | 166 Very Good
1Y SIP Return % -21.55
-34.86
-40.30 | -11.04 5 | 117 Very Good
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

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
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 -2.63 ₹ 9,737.00 ₹
1W -4.84 ₹ 9,516.00 ₹
1M 4.33 ₹ 10,433.00 ₹
3M 4.26 ₹ 10,426.00 ₹
6M 26.10 ₹ 12,610.00 ₹
1Y 28.31 ₹ 12,831.00 ₹
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 -21.55 ₹ 10,548.37 ₹
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Nifty It Etf NAV Regular Growth Mirae Asset Nifty It Etf NAV Direct Growth
20-12-2024 44.7616 None
19-12-2024 45.9717 None
18-12-2024 46.5575 None
17-12-2024 46.442 None
16-12-2024 46.6874 None
13-12-2024 47.0377 None
12-12-2024 46.737 None
11-12-2024 46.3779 None
10-12-2024 46.224 None
09-12-2024 45.848 None
06-12-2024 45.7298 None
05-12-2024 45.8223 None
04-12-2024 44.9458 None
03-12-2024 44.7472 None
02-12-2024 44.535 None
29-11-2024 44.1255 None
28-11-2024 43.944 None
27-11-2024 45.0181 None
26-11-2024 45.087 None
25-11-2024 44.6086 None
22-11-2024 44.3164 None
21-11-2024 42.9058 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.