Mirae Asset Nifty Next 50 Etf Overview
Category Other ETFs
BMSMONEY Rank 38
Rating
Growth Option 21-02-2025
NAV ₹616.19(R) -0.94% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 4.22% 15.26% 16.51% -% -%
Direct
Benchmark
SIP (XIRR) Regular -17.71% 15.77% 17.44% -% -%
Direct
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.43 0.22 0.55 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
18.9% -25.72% -17.93% - 13.76%
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- 16

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty Next 50 ETF (MANxt50ETF) 616.19
-5.8300
-0.9400%

Review Date: 21-02-2025

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 six 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%: One return parameter of the mirae asset nifty next 50 etf is in the top 25% in the category, as shown below:
      • 5Y Return %
    2. Above Average Below the Top 25%: Two return parameters of the mirae asset nifty next 50 etf are above average but below the top 25% in the category, as shown below:
      • 1Y Return %
      • 3Y Return %
    3. Below Average: mirae asset nifty next 50 etf has three return parameters that are below average in the category, which are listed below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For mirae asset nifty next 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 next 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 next 50 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 next 50 etf has two parameters that are above average which are listed below:
      • 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 18.9 %.
      • 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 13.76 %.
  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 next 50 etf, we have evaluated three 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 next 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 next 50 etf has a Sharpe Ratio of 0.43 compared to the category average of 0.37.
      • Sortino Ratio: mirae asset nifty next 50 etf has a Sortino Ratio of 0.22 compared to the category average of 0.16.
    3. Below Average Risk Adjusted Performance Parameters: mirae asset nifty next 50 etf has one risk-adjusted performance parameter of the fund that is below average in the category.
      • Sterling Ratio: mirae asset nifty next 50 etf has a Sterling Ratio of 0.55 compared to the category average of 0.59.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -4.53
-1.58
-10.87 | 25.06 134 | 181 Average
3M Return % -9.22
-2.79
-14.39 | 37.92 164 | 183 Poor
6M Return % -18.24
-6.21
-24.21 | 76.17 163 | 183 Poor
1Y Return % 4.22
1.55
-90.28 | 84.23 117 | 171 Average
3Y Return % 15.26
4.64
-50.09 | 36.19 29 | 112 Good
5Y Return % 16.51
2.33
-54.56 | 31.74 16 | 71 Very Good
1Y SIP Return % -17.71
-2.65
-27.39 | 121.38 147 | 165 Poor
3Y SIP Return % 15.77
12.99
-6.92 | 33.47 36 | 101 Good
5Y SIP Return % 17.44
12.73
-8.87 | 37.32 16 | 61 Very Good
Standard Deviation 18.90
13.43
0.00 | 26.83 69 | 78 Poor
Semi Deviation 13.76
9.25
0.00 | 18.97 68 | 78 Poor
Max Drawdown % -17.93
-11.54
-30.17 | 0.00 68 | 78 Poor
VaR 1 Y % -25.72
-15.90
-27.51 | 0.00 72 | 78 Poor
Average Drawdown % -10.73
-5.70
-10.73 | 0.00 78 | 78 Poor
Sharpe Ratio 0.43
0.37
-0.54 | 1.51 29 | 75 Good
Sterling Ratio 0.55
0.59
0.00 | 1.36 52 | 78 Average
Sortino Ratio 0.22
0.16
-1.00 | 0.88 29 | 78 Good
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 18.90 13.43 0.00 | 26.83 69 | 78
Semi Deviation 13.76 9.25 0.00 | 18.97 68 | 78
Max Drawdown % -17.93 -11.54 -30.17 | 0.00 68 | 78
VaR 1 Y % -25.72 -15.90 -27.51 | 0.00 72 | 78
Average Drawdown % -10.73 -5.70 -10.73 | 0.00 78 | 78
Sharpe Ratio 0.43 0.37 -0.54 | 1.51 29 | 75
Sterling Ratio 0.55 0.59 0.00 | 1.36 52 | 78
Sortino Ratio 0.22 0.16 -1.00 | 0.88 29 | 78
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.94 ₹ 9,906.00 ₹
1W 1.55 ₹ 10,155.00 ₹
1M -4.53 ₹ 9,547.00 ₹
3M -9.22 ₹ 9,078.00 ₹
6M -18.24 ₹ 8,176.00 ₹
1Y 4.22 ₹ 10,422.00 ₹
3Y 15.26 ₹ 15,312.00 ₹
5Y 16.51 ₹ 21,470.00 ₹
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 -17.71 ₹ 10,809.16 ₹
3Y ₹ 36000 15.77 ₹ 45,513.29 ₹
5Y ₹ 60000 17.44 ₹ 92,810.34 ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Nifty Next 50 Etf NAV Regular Growth Mirae Asset Nifty Next 50 Etf NAV Direct Growth
21-02-2025 616.191 None
20-02-2025 622.0194 None
19-02-2025 613.0046 None
18-02-2025 605.8051 None
17-02-2025 605.6417 None
14-02-2025 606.7747 None
13-02-2025 620.7615 None
12-02-2025 619.4032 None
11-02-2025 619.4166 None
10-02-2025 635.3122 None
07-02-2025 647.1269 None
06-02-2025 646.9539 None
05-02-2025 651.8011 None
04-02-2025 647.5612 None
03-02-2025 637.7446 None
31-01-2025 642.7065 None
30-01-2025 633.1253 None
29-01-2025 632.5747 None
28-01-2025 620.0517 None
27-01-2025 618.2077 None
24-01-2025 636.1522 None
23-01-2025 646.3894 None
22-01-2025 639.9332 None
21-01-2025 645.4064 None

Fund Launch Date: 24/Jan/2020
Fund Category: Other ETFs
Investment Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Next 50 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Fund Description: An open ended scheme replicating/ tracking Nifty Next 50 Total Return Index
Fund Benchmark: Nifty Next 50 Total Return Index
Source: Fund FactSheet

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