ETF
Data as on 30-10-2026
Mirae Asset Nifty India Manufacturing ETF is a mutual fund run by Mirae Asset Mutual Fund. On 30-09-2026, it managed ₹252 Cr of investors' money. In the 3 years to 30-10-2026, it returned 16.6% a year. Its benchmark, Nifty India Manufacturing TRI, returned 17.2% a year over the same 3 years.
NAV on 30-10-2026: ₹151.67 (down 0.50% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund | −3.59% | −7.59% | −3.82% | −2.19% | +16.58% | -- | -- |
| Nifty India Manufacturing TRI | −3.56% | −7.50% | −3.61% | −1.70% | +17.16% | +14.36% | -- |
| Category average | -- | -- | -- | -- | -- | -- | -- |
| Best in category | -- | -- | -- | -- | -- | -- | -- |
| Worst in category | -- | -- | -- | -- | -- | -- | -- |
| Rank in category | -- | -- | -- | -- | -- | -- | -- |
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
| Year | This fund | Nifty India Manufacturing TRI |
|---|---|---|
| 2026to date | −2.93% | −2.54% |
| 2025 | +11.73% | +12.28% |
| 2024 | +25.35% | +25.99% |
| 2023 | +34.18% | +34.87% |
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 434 periods, one for each trading day from 28-01-2025 to 30-10-2026.
Mirae Asset Nifty India Manufacturing ETF
Nifty India Manufacturing TRI
Every holding period at a glance
| Period | Periods | Median | Lowest | Highest | With a loss | Benchmark median | Beat benchmark |
|---|---|---|---|---|---|---|---|
| 1 year | 926 | 16.0% | −7.0% | 64.2% | 11% | 16.5% | 0% |
| 2 years | 681 | 24.3% | −1.2% | 45.0% | 1% | 24.9% | 0% |
| 3 years | 434 | 21.5% | 14.3% | 27.1% | 0% | 22.1% | 0% |
Every SIP holding period at a glance
| Period | Periods | Median | Lowest | Highest | With a loss | Benchmark median | Beat benchmark |
|---|---|---|---|---|---|---|---|
| 1 year | 46 | 14.8% | −21.3% | 73.1% | 15% | 15.5% | 0% |
| 2 years | 34 | 15.3% | 0.5% | 51.0% | 0% | 15.9% | 0% |
| 3 years | 22 | 18.2% | 7.5% | 25.7% | 0% | 18.8% | 0% |
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Manufacturing TRI over the same days. Past returns do not promise future returns.
How much it swings, and the falls an investor had to sit through
Risk and return
| Measure | Mirae Asset Nifty India Manufacturing ETFThis fund | Nifty India Manufacturing TRI |
|---|---|---|
| Return (CAGR) | −2.19% | −1.70% |
| Standard deviation | 16.08% | 16.02% |
| Sharpe ratio | -0.46 | -0.43 |
| Sortino ratio | -0.62 | -0.58 |
| Maximum drawdown | −12.9% (23-10-2026) | −12.8% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.49% | 0.00% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
| Measure | Mirae Asset Nifty India Manufacturing ETFThis fund | Nifty India Manufacturing TRI |
|---|---|---|
| Return (CAGR) | +16.58% | +17.16% |
| Standard deviation | 15.98% | 15.98% |
| Sharpe ratio | 0.66 | 0.70 |
| Sortino ratio | 0.90 | 0.95 |
| Maximum drawdown | −23.2% (07-04-2025) | −23.0% (07-04-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.57% | 0.00% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
| Measure | Mirae Asset Nifty India Manufacturing ETFThis fund | Nifty India Manufacturing TRI |
|---|---|---|
| Return (CAGR) | +15.00% | +15.56% |
| Standard deviation | 15.43% | 15.42% |
| Sharpe ratio | 0.59 | 0.63 |
| Sortino ratio | 0.80 | 0.85 |
| Maximum drawdown | −23.2% (07-04-2025) | −23.0% (07-04-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.56% | 0.00% |
From daily NAVs, 28-01-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Mirae Asset Nifty India Manufacturing ETF
Nifty India Manufacturing TRI
| Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today | |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty India Manufacturing ETF | −23.2% | 27-09-2024 | 07-04-2025 | 11-02-2026 | 10 months | −10.6% |
| Nifty India Manufacturing TRI | −23.0% | 27-09-2024 | 07-04-2025 | 05-01-2026 | 9 months | −10.5% |
From the fund's daily NAV since 28-01-2022, adjusted for unit splits, and Nifty India Manufacturing TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
What each plan charges a year, in force from 01-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio |
|---|---|---|---|---|---|
| Fund | -- | 0.00% | 0.00% | 0.00% | 0.52% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 28-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| This fundMirae Asset Nifty India Manufacturing ETF | ₹5,80,000 | ₹7,87,895 | ₹2,07,895 | 12.7% |
| Nifty India Manufacturing TRI | ₹5,80,000 | ₹7,98,861 | ₹2,18,861 | 13.3% |
This fundMirae Asset Nifty India Manufacturing ETF
Nifty India Manufacturing TRI
Amount invested
From each plan's published NAV (Growth option), the benchmark's TRI, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Asset allocation as on 30-09-2026
100.0%Equity
| Asset | Fund |
|---|---|
| Equity | 100.0% |
| Market cap | Fund |
|---|---|
| Large Cap | 69.2% |
| Mid Cap | 27.6% |
| Small Cap | 3.2% |
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Sector allocation of the fund's stocks as on 30-09-2026
Pharmaceuticals & Biotechnology18.5%
Automobiles18.3%
Petroleum Products7.6%
Ferrous Metals7.6%
Electrical Equipment7.0%
Auto Components7.0%
Industrial Products6.3%
Non - Ferrous Metals6.0%
Aerospace & Defense5.5%
Chemicals & Petrochemicals4.5%
The ten largest of 16 sectors. The other 6 add up to 11.6%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Pharmaceuticals & Biotechnology | 17.9% | 17.9% | 18.5% | +0.6% |
| Automobiles | 20.0% | 19.4% | 18.3% | −1.7% |
| Petroleum Products | 7.8% | 7.6% | 7.6% | −0.2% |
| Ferrous Metals | 7.4% | 7.4% | 7.6% | +0.2% |
| Electrical Equipment | 7.8% | 8.0% | 7.0% | −0.7% |
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
As on 30-09-2026 · 77 holdings · from the fund house's monthly portfolio
| Holdings | Sector | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobiles | 4.99% | +1.0% | |
| Reliance Industries Ltd. | Petroleum Products | 4.97% | +7.1% | |
| Sun Pharmaceutical Industries Ltd. | Pharmaceuticals & Biotechnology | 4.61% | −3.5% | |
| Maruti Suzuki India Ltd. | Automobiles | 3.73% | −3.8% | |
| Tata Steel Ltd. | Ferrous Metals | 3.66% | −3.1% | |
| Bharat Electronics Ltd. | Aerospace & Defense | 3.33% | −3.5% | |
| Hindalco Industries Ltd. | Non - Ferrous Metals | 3.26% | −3.5% | |
| JSW Steel Ltd. | Ferrous Metals | 2.89% | −0.9% | |
| Bajaj Auto Ltd. | Automobiles | 2.84% | −4.9% | |
| Divi's Laboratories Ltd. | Pharmaceuticals & Biotechnology | 2.83% | −3.5% | |
| Eicher Motors Ltd. | Automobiles | 2.36% | −3.4% | |
| TVS Motor Company Ltd. | Automobiles | 2.31% | −3.5% | |
| Hindustan Aeronautics Ltd. | Aerospace & Defense | 2.12% | −3.5% | |
| Tata Motors Ltd. | Agricultural, Commercial & Construction Vehicles | 2.11% | −3.4% | |
| Laurus Labs Ltd. | Pharmaceuticals & Biotechnology | 1.85% | −3.4% | |
| Cipla Ltd. | Pharmaceuticals & Biotechnology | 1.81% | −3.5% | |
| Dr. Reddy's Laboratories Ltd. | Pharmaceuticals & Biotechnology | 1.80% | −3.5% | |
| Samvardhana Motherson International Ltd. | Auto Components | 1.73% | −3.5% | |
| Torrent Pharmaceuticals Ltd. | Pharmaceuticals & Biotechnology | 1.69% | +35.3% | |
| Vedanta Aluminium Metal Ltd. | Non - Ferrous Metals | 1.68% | New | |
| Cummins India Ltd. | Industrial Products | 1.54% | −3.5% | |
| Bharat Petroleum Corporation Ltd. | Petroleum Products | 1.46% | −4.4% | |
| Tata Motors Passenger Vehicles Ltd. | Automobiles | 1.42% | −3.4% | |
| CG Power and Industrial Solutions Ltd. | Electrical Equipment | 1.40% | −3.5% | |
| Dixon Technologies (India) Ltd. | Consumer Durables | 1.31% | −3.1% | |
| Bharat Forge Ltd. | Auto Components | 1.28% | +0.6% | |
| GE Vernova T&D India Ltd. | Electrical Equipment | 1.25% | −3.5% | |
| Indian Oil Corporation Ltd. | Petroleum Products | 1.21% | −3.5% | |
| Lupin Ltd. | Pharmaceuticals & Biotechnology | 1.18% | −3.5% | |
| Suzlon Energy Ltd. | Electrical Equipment | 1.15% | −3.5% | |
| Solar Industries India Ltd. | Chemicals & Petrochemicals | 1.15% | −3.5% | |
| Aurobindo Pharma Ltd. | Pharmaceuticals & Biotechnology | 1.11% | −3.6% | |
| Vedanta Ltd. | Diversified Metals | 1.09% | +0.2% | |
| Pidilite Industries Ltd. | Chemicals & Petrochemicals | 1.09% | −3.3% | |
| Ashok Leyland Ltd. | Agricultural, Commercial & Construction Vehicles | 1.06% | −3.5% | |
| Polycab India Ltd. | Industrial Products | 1.03% | −3.5% | |
| Jindal Steel Ltd. | Ferrous Metals | 1.01% | −3.4% | |
| Bosch Ltd. | Auto Components | 0.98% | −3.5% | |
| APL Apollo Tubes Ltd. | Industrial Products | 0.95% | −3.5% | |
| Hitachi Energy India Ltd. | Electrical Equipment | 0.93% | New | |
| Sona Blw Precision Forgings Ltd. | Auto Components | 0.89% | −3.2% | |
| SRF Ltd. | Chemicals & Petrochemicals | 0.86% | −3.5% | |
| Welspun Corp Ltd. | Industrial Products | 0.85% | New | |
| ABB India Ltd. | Electrical Equipment | 0.85% | −3.5% | |
| Siemens Ltd. | Electrical Equipment | 0.79% | −3.5% | |
| Alkem Laboratories Ltd. | Pharmaceuticals & Biotechnology | 0.75% | −0.6% | |
| Navin Fluorine International Ltd. | Chemicals & Petrochemicals | 0.73% | −3.5% | |
| UPL Ltd. | Fertilizers & Agrochemicals | 0.72% | −3.5% | |
| Hyundai Motor India Ltd. | Automobiles | 0.69% | −3.7% | |
| Zydus Lifesciences Ltd. | Pharmaceuticals & Biotechnology | 0.69% | −4.4% | |
| Siemens Energy India Ltd. | Electrical Equipment | 0.68% | −3.5% | |
| KEI Industries Ltd. | Industrial Products | 0.66% | −3.5% | |
| Hindustan Zinc Ltd. | Non - Ferrous Metals | 0.65% | −3.5% | |
| Havells India Ltd. | Consumer Durables | 0.61% | −3.5% | |
| MRF Ltd. | Auto Components | 0.61% | −3.2% | |
| Tube Investments of India Ltd. | Auto Components | 0.61% | −3.6% | |
| Voltas Ltd. | Consumer Durables | 0.58% | −3.5% | |
| Page Industries Ltd. | Textiles & Apparels | 0.55% | −3.6% | |
| Supreme Industries Ltd. | Industrial Products | 0.53% | −3.5% | |
| UNO Minda Ltd. | Auto Components | 0.51% | −3.5% | |
| Coromandel International Ltd. | Fertilizers & Agrochemicals | 0.50% | −3.5% | |
| Blue Star Ltd. | Consumer Durables | 0.47% | −3.5% | |
| PI Industries Ltd. | Fertilizers & Agrochemicals | 0.45% | −3.6% | |
| Hindustan Copper Ltd. | Non - Ferrous Metals | 0.44% | +13.6% | |
| Balkrishna Industries Ltd. | Auto Components | 0.41% | −3.5% | |
| Astral Ltd. | Industrial Products | 0.40% | −3.5% | |
| Mazagon Dock Shipbuilders Ltd. | Industrial Manufacturing | 0.38% | −3.5% | |
| Himadri Speciality Chemical Ltd. | Chemicals & Petrochemicals | 0.38% | −3.3% | |
| AIA Engineering Ltd. | Industrial Products | 0.36% | −3.5% | |
| Amber Enterprises India Ltd. | Consumer Durables | 0.35% | New | |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Durables | 0.32% | −3.3% | |
| Linde India Ltd. | Chemicals & Petrochemicals | 0.32% | −3.5% | |
| Cochin Shipyard Ltd. | Industrial Manufacturing | 0.30% | +10.3% | |
| K.P.R. Mill Ltd. | Textiles & Apparels | 0.29% | −3.5% | |
| Kaynes Technology India Ltd. | Industrial Manufacturing | 0.26% | −3.5% | |
| Anthem Biosciences Ltd. | Pharmaceuticals & Biotechnology | 0.22% | +17.0% | |
| Escorts Kubota Ltd. | Agricultural, Commercial & Construction Vehicles | 0.22% | −3.4% |
All changes are between August 2026 and September 2026
| Mahindra & Mahindra Ltd. | Added | +1.0% | 4.99% |
|---|---|---|---|
| Reliance Industries Ltd. | Added | +7.1% | 4.97% |
| Sun Pharmaceutical Industries Ltd. | Reduced | −3.5% | 4.61% |
| Maruti Suzuki India Ltd. | Reduced | −3.8% | 3.73% |
| Tata Steel Ltd. | Reduced | −3.1% | 3.66% |
| Bharat Electronics Ltd. | Reduced | −3.5% | 3.33% |
| Hindalco Industries Ltd. | Reduced | −3.5% | 3.26% |
| Bajaj Auto Ltd. | Reduced | −4.9% | 2.84% |
| JSW Steel Ltd. | Reduced | −0.9% | 2.89% |
| Divi's Laboratories Ltd. | Reduced | −3.5% | 2.83% |
| Eicher Motors Ltd. | Reduced | −3.4% | 2.36% |
| TVS Motor Company Ltd. | Reduced | −3.5% | 2.31% |
| Tata Motors Ltd. | Reduced | −3.4% | 2.11% |
| Hindustan Aeronautics Ltd. | Reduced | −3.5% | 2.12% |
| Laurus Labs Ltd. | Reduced | −3.4% | 1.85% |
| Cipla Ltd. | Reduced | −3.5% | 1.81% |
| Dr. Reddy's Laboratories Ltd. | Reduced | −3.5% | 1.80% |
| Samvardhana Motherson International Ltd. | Reduced | −3.5% | 1.73% |
| Torrent Pharmaceuticals Ltd. | Added | +35.3% | 1.69% |
| Vedanta Aluminium Metal Ltd. | New | New | 1.68% |
| Cummins India Ltd. | Reduced | −3.5% | 1.54% |
| Bharat Petroleum Corporation Ltd. | Reduced | −4.4% | 1.46% |
| Tata Motors Passenger Vehicles Ltd. | Reduced | −3.4% | 1.42% |
| Bharat Heavy Electricals Ltd. | Sold out | −100% | was 1.49% |
| CG Power and Industrial Solutions Ltd. | Reduced | −3.5% | 1.40% |
| Dixon Technologies (India) Ltd. | Reduced | −3.1% | 1.31% |
| Suzlon Energy Ltd. | Reduced | −3.5% | 1.15% |
| Bharat Forge Ltd. | Added | +0.6% | 1.28% |
| GE Vernova T&D India Ltd. | Reduced | −3.5% | 1.25% |
| Lupin Ltd. | Reduced | −3.5% | 1.18% |
| Pidilite Industries Ltd. | Reduced | −3.3% | 1.09% |
| Indian Oil Corporation Ltd. | Reduced | −3.5% | 1.21% |
| Polycab India Ltd. | Reduced | −3.5% | 1.03% |
| Ashok Leyland Ltd. | Reduced | −3.5% | 1.06% |
| Solar Industries India Ltd. | Reduced | −3.5% | 1.15% |
| Aurobindo Pharma Ltd. | Reduced | −3.6% | 1.11% |
| Vedanta Ltd. | Added | +0.2% | 1.09% |
| Jindal Steel Ltd. | Reduced | −3.4% | 1.01% |
| Bosch Ltd. | Reduced | −3.5% | 0.98% |
| APL Apollo Tubes Ltd. | Reduced | −3.5% | 0.95% |
| Hitachi Energy India Ltd. | New | New | 0.93% |
| ABB India Ltd. | Reduced | −3.5% | 0.85% |
| Sona Blw Precision Forgings Ltd. | Reduced | −3.2% | 0.89% |
| SRF Ltd. | Reduced | −3.5% | 0.86% |
| Welspun Corp Ltd. | New | New | 0.85% |
| Siemens Ltd. | Reduced | −3.5% | 0.79% |
| KEI Industries Ltd. | Reduced | −3.5% | 0.66% |
| Alkem Laboratories Ltd. | Reduced | −0.6% | 0.75% |
| Navin Fluorine International Ltd. | Reduced | −3.5% | 0.73% |
| UPL Ltd. | Reduced | −3.5% | 0.72% |
| Hyundai Motor India Ltd. | Reduced | −3.7% | 0.69% |
| Havells India Ltd. | Reduced | −3.5% | 0.61% |
| Zydus Lifesciences Ltd. | Reduced | −4.4% | 0.69% |
| Tube Investments of India Ltd. | Reduced | −3.6% | 0.61% |
| Siemens Energy India Ltd. | Reduced | −3.5% | 0.68% |
| Hindustan Zinc Ltd. | Reduced | −3.5% | 0.65% |
| Voltas Ltd. | Reduced | −3.5% | 0.58% |
| MRF Ltd. | Reduced | −3.2% | 0.61% |
| Page Industries Ltd. | Reduced | −3.6% | 0.55% |
| UNO Minda Ltd. | Reduced | −3.5% | 0.51% |
| Supreme Industries Ltd. | Reduced | −3.5% | 0.53% |
| Coromandel International Ltd. | Reduced | −3.5% | 0.50% |
| Blue Star Ltd. | Reduced | −3.5% | 0.47% |
| PI Industries Ltd. | Reduced | −3.6% | 0.45% |
| Hindustan Copper Ltd. | Added | +13.6% | 0.44% |
| Mazagon Dock Shipbuilders Ltd. | Reduced | −3.5% | 0.38% |
| Astral Ltd. | Reduced | −3.5% | 0.40% |
| Balkrishna Industries Ltd. | Reduced | −3.5% | 0.41% |
| Himadri Speciality Chemical Ltd. | Reduced | −3.3% | 0.38% |
| AIA Engineering Ltd. | Reduced | −3.5% | 0.36% |
| Crompton Greaves Consumer Electricals Ltd. | Reduced | −3.3% | 0.32% |
| Amber Enterprises India Ltd. | New | New | 0.35% |
| Linde India Ltd. | Reduced | −3.5% | 0.32% |
| Cochin Shipyard Ltd. | Added | +10.3% | 0.30% |
| K.P.R. Mill Ltd. | Reduced | −3.5% | 0.29% |
| Kaynes Technology India Ltd. | Reduced | −3.5% | 0.26% |
| Escorts Kubota Ltd. | Reduced | −3.4% | 0.22% |
| Anthem Biosciences Ltd. | Added | +17.0% | 0.22% |
| Castrol India Ltd. | Sold out | −100% | was 0.20% |
| Honeywell Automation India Ltd. | Sold out | −100% | was 0.18% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
What Mirae Asset Nifty India Manufacturing ETF bought and sold
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| Nippon India NIFTY India Manufacturing Index FundIndex · Nippon India | 99.9% | 77 | Compare |
| UTI Nifty India Manufacturing Index FundIndex · UTI | 99.9% | 77 | Compare |
| Nippon India NIFTY India Manufacturing ETFETF · Nippon India | 99.7% | 77 | Compare |
| Navi Nifty India Manufacturing Index FundIndex · Navi | 99.7% | 77 | Compare |
| Motilal Oswal Nifty India Manufacturing ETFETF · Motilal Oswal | 99.5% | 77 | Compare |
| Tata Nifty500 Multicap India Manufacturing 50:30:20 Index FundIndex · Tata | 65.4% | 41 | Compare |
| Axis India Manufacturing FundThematic · Axis | 52.7% | 39 | Compare |
| HDFC Manufacturing FundThematic · HDFC | 47.3% | 34 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
Mirae Asset Nifty India Manufacturing ETF is a mutual fund from Mirae Asset Mutual Fund. Its category is ETF. It was launched on 27-01-2022. Its benchmark is Nifty India Manufacturing TRI. At the end of September 2026 it held 77 securities.
Ekta Gala
Fund manager of Mirae Asset Nifty India Manufacturing ETF
amp
Fund manager of Mirae Asset Nifty India Manufacturing ETF
Vishal Singh
Fund manager of Mirae Asset Nifty India Manufacturing ETF
See all funds of Mirae Asset Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The NAV is ₹151.67, as on 30-10-2026.
The fund returned −2.19% in 1 year, +16.58% a year over 3 years. These figures are as on 30-10-2026.
The fund charges 0.52% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
Mirae Asset Nifty India Manufacturing ETF managed ₹251.63 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were M&M (4.99%), RELIANCE (4.97%), SUNPHARMA (4.61%), MARUTI (3.73%), TATASTEEL (3.66%). The fund held 77 securities in all.
It bought 4 new stocks: Hitachi Energy India Ltd, Welspun Corp Ltd, Vedanta Aluminium Metal Ltd, Amber Enterprises India Ltd. It sold out of 3: Castrol India Ltd, Bharat Heavy Electricals Ltd, Honeywell Automation India Ltd. It added shares in 8. It reduced 65.
Through Mirae Asset Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least On exchange: In multiples of 1 units; Directly with AMC ( in multiples of 50,000 units). You can invest once or through a monthly SIP.
Ekta Gala, amp, Vishal Singh.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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