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Mirae Asset Nifty Metal ETF
Mirae Asset Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +6.08% | +4.12% | 5 of 85 |
| 1M | +0.32% | +3.71% | 71 of 81 |
| 3M | -4.05% | -3.27% | 47 of 71 |
| 6M | -3.28% | +1.12% | 56 of 63 |
| YTD | +11.72% | -1.76% | 5 of 85 |
| 1Y | +19.77% | -0.73% | 2 of 53 |
| 2Y | +16.95% | +3.62% | 4 of 45 |
| INCEPTION | +11.29% | — | — |
Ranked among: Exchange Traded Funds (ETFs) - Equity ETF.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.87% | +23.09% | -19.77% | 74% | 30% |
| 6M | +13.18% | +34.13% | -20.51% | 88% | 38% |
| 1Y | +32.04% | +58.30% | +1.25% | 100% | 50% |
| 2Y | +12.67% | +16.94% | +10.31% | 100% | 45% |
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
- Equity99.99%
- Debt0.00%
- Cash0.01%
- Other0.00%
Market Cap Split
- Large Cap78.43%
- Mid Cap21.57%
- Small Cap0.00%
- Others0.00%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 17.79 | — |
| P/B | 2.57 | — |
| Price / Sales | 1.44 | — |
| Price / Cash Flow | 10.13 | — |
| Dividend Yield (%) | 1.67 | — |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Tata Steel | Ferrous Metals | 17.30% | -0.59% |
| Hindalco Industries | Non - Ferrous Metals | 15.43% | -1.83% |
| JSW Steel | Ferrous Metals | 13.65% | -0.75% |
| Adani Enterprises | Metals & Minerals Trading | 11.14% | +1.45% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 7.92% | — |
| Vedanta | Diversified Metals | 5.16% | -0.38% |
| Jindal Steel | Ferrous Metals | 4.76% | -0.43% |
| APL Apollo Tubes | Industrial Products | 4.51% | -0.24% |
| NALCO | Non - Ferrous Metals | 3.46% | -0.56% |
| Hindustan Zinc | Non - Ferrous Metals | 3.08% | -0.28% |
| NMDC | Minerals & Mining | 2.99% | -0.59% |
| Steel Authority of India | Ferrous Metals | 2.97% | -0.34% |
| Lloyds Metals & Energy | Minerals & Mining | 2.92% | +0.18% |
| Jindal Stainless | Ferrous Metals | 2.65% | +0.07% |
| Hindustan Copper | Non - Ferrous Metals | 2.07% | +0.05% |
View all 17 holdings
| TREPS | Reverse Repo / TREPS | 0.13% | — |
| Net Receivables / (Payables) | Net Current Assets | -0.12% | — |
Sector Allocation · Sep 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 23.48 | 18.24 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.35 | -0.41 | Above Average |
| 3Y | 0.42 | -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).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.22 | 0.01 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Tracking Difference
Versus Nifty Metal - 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% |
| 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% |
| Axis Nifty500 Value 50 ETF | +1.84% | — | — | +11.04% |
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 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% |
| Mirae Asset S&P 500 Top 50 ETF | +8.91% | +26.13% | +16.80% | +18.42% |
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 Metal Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved
Stated Asset Allocation
Securities included in the Nifty Metal 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. Ritesh Patel & Mr. Sudip Shere
Mr. Ritesh Patel (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.