GMP IPO Watch
Mirae Asset Nifty 500 Value 50 ETF
Mirae Asset Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +4.47% | +4.12% | 45 of 85 |
| 1M | +1.89% | +3.71% | 61 of 81 |
| 3M | -6.10% | -3.27% | 64 of 71 |
| 6M | -7.72% | +1.12% | 60 of 63 |
| YTD | +3.36% | -1.76% | 16 of 85 |
| INCEPTION | +5.48% | — | — |
Ranked among: Exchange Traded Funds (ETFs) - Equity ETF.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -2.81% | +10.19% | -8.78% | 13% | 3% |
| 6M | -5.56% | +7.01% | -12.33% | 21% | 5% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity99.95%
- Debt0.00%
- Cash0.05%
- Other0.00%
Market Cap Split
- Large Cap65.09%
- Mid Cap20.17%
- Small Cap14.71%
- Others0.03%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 9.78 | — |
| P/B | 1.30 | — |
| Price / Sales | 0.71 | — |
| Price / Cash Flow | 4.88 | — |
| Dividend Yield (%) | 3.74 | — |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Grasim Industries | Cement & Cement Products | 5.27% | -0.23% |
| Hindalco Industries | Non - Ferrous Metals | 5.19% | -0.12% |
| Coal India | Consumable Fuels | 5.18% | +0.53% |
| Oil & Natural Gas Corporation | Oil | 5.07% | +0.14% |
| State Bank of India | Banks | 4.99% | -0.24% |
| Vedanta | Diversified Metals | 4.94% | -0.09% |
| NTPC | Power | 4.87% | +0.19% |
| Power Grid Corporation of India | Power | 4.82% | +0.19% |
| Tata Motors Passenger Vehicles | Automobiles | 4.37% | -0.14% |
| Bharat Petroleum | Petroleum Products | 4.26% | -0.06% |
| Indian Oil Corporation | Petroleum Products | 3.63% | +0.08% |
| Redington | Commercial Services & Supplies | 3.24% | +0.54% |
| Power Finance Corporation | Finance | 2.48% | +0.05% |
| Hindustan Petroleum | Petroleum Products | 2.47% | +0.02% |
| Aster DM Quality Care | Equity | 2.37% | -0.06% |
View all 52 holdings
| GAIL | Gas | 2.28% | +0.03% |
| Bank of Baroda | Banks | 1.94% | +0.04% |
| REC | Finance | 1.90% | -0.04% |
| NMDC | Minerals & Mining | 1.88% | -0.17% |
| UPL | Fertilizers & Agrochemicals | 1.81% | +0.02% |
| Canara Bank | Banks | 1.77% | -0.01% |
| Punjab National Bank | Banks | 1.75% | +0.07% |
| Indusind Bank | Banks | 1.74% | -0.12% |
| Steel Authority of India | Ferrous Metals | 1.72% | -0.04% |
| NALCO | Non - Ferrous Metals | 1.64% | -0.10% |
| Federal Bank | Banks | 1.54% | -0.10% |
| Union Bank of India | Banks | 1.36% | -0.07% |
| Great Eastern Shipping Company | Transport Services | 1.33% | +0.27% |
| Oil India | Oil | 0.94% | -0.02% |
| Petronet LNG | Gas | 0.93% | +0.00% |
| Indian Bank | Banks | 0.92% | -0.05% |
| Bank of India | Banks | 0.82% | -0.02% |
| IRB Infrastructure Developers | Construction | 0.81% | -0.04% |
| Karur Vysya Bank | Banks | 0.77% | -0.01% |
| LIC Housing Finance | Finance | 0.77% | +0.03% |
| Reliance Power | Power | 0.77% | -0.05% |
| AWL Agri Business | Agricultural Food & other Products | 0.76% | -0.02% |
| Cyient | IT - Services | 0.76% | +0.00% |
| Zee Entertainment | Entertainment | 0.70% | -0.13% |
| Tata Chemicals | Chemicals & Petrochemicals | 0.69% | +0.00% |
| CESC | Power | 0.62% | -0.02% |
| Jaiprakash Power Ventures | Power | 0.58% | -0.02% |
| NCC | Construction | 0.57% | -0.06% |
| Cholamandalam Financial Holdings | Finance | 0.52% | -0.01% |
| Bandhan Bank | Banks | 0.45% | +0.06% |
| Chambal Fertilisers & Chemicals | Fertilizers & Agrochemicals | 0.45% | +0.03% |
| Bank of Maharashtra | Banks | 0.41% | +0.01% |
| Indraprastha Gas | Gas | 0.35% | +0.01% |
| Castrol | Petroleum Products | 0.34% | +0.05% |
| RBL Bank | Banks | 0.23% | +0.02% |
| Net Receivables / (Payables) | Net Current Assets | 0.05% | — |
| TREPS | Reverse Repo / TREPS | 0.00% | — |
Sector Allocation · Sep 2026
View all 22 sectors
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 3Y | -0.39 | -0.95 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Tracking Difference
Versus Nifty 500 Value 50 - TRI, as of Sep 2026.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Aditya Birla Sun Life Silver ETF | +26.41% | +36.60% | — | +25.53% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
| Aditya Birla Sun Life Gold ETF | +17.03% | +31.14% | +23.34% | +11.72% |
| Aditya Birla Sun Life Nifty Healthcare ETF | +13.45% | +21.49% | +14.72% | +14.59% |
| Axis NIFTY Healthcare ETF | +13.26% | +21.08% | +14.40% | +13.81% |
| Mirae Asset S&P 500 Top 50 ETF | +8.91% | +26.13% | +16.80% | +18.42% |
|
Zerodha Nifty Smallcap 100 ETF
Direct Plan
|
+4.45% | — | — | +5.77% |
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF | +3.81% | — | — | +2.07% |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF | +3.57% | — | — | +1.24% |
| Mirae Asset Nifty India Manufacturing ETF | +2.84% | +18.00% | — | +16.06% |
More From Mirae Asset Investment Managers (India) Pvt. Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Direct Plan · Growth
|
+29.35% | +41.95% | +25.08% | +25.94% |
| Mirae Asset Silver ETF | +26.31% | +36.47% | — | +30.17% |
|
Mirae Asset NYSE FANG + ETF Fund of Fund
Direct Plan · Growth
|
+21.29% | +50.85% | +29.57% | +31.68% |
|
Mirae Asset Gold Silver Passive FoF
Direct Plan · IDCW
|
+21.29% | — | — | +35.40% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
|
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Direct Plan · Growth
|
+18.59% | +34.76% | — | +33.45% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
|
Mirae Asset Gold ETF Fund of Fund
Direct Plan · Growth
|
+16.76% | — | — | +32.55% |
| Mirae Asset NYSE FANG+ ETF | +9.94% | +37.12% | +22.50% | +24.56% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 500 Value 50 Total Return Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Securities included in Nifty 500 Value 50 Index- 95 to 100% ; Money market instruments* including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds- 0 to 5 %
Exit Load
NIL
Fund Managers
Mr. Akshay Udeshi & Mr. Sudip Shere
Mr. Akshay Udeshi(Primary) & Mr. Sudip Shere (Primary)
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.