Mirae Asset Nifty EV and New Age Automotive E T F
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Growthvine rating: 2/5 — ranked #129 of 184 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹30.02 (as of 2026-10-01) |
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| AUM | ₹179 Cr |
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| Expense ratio | 0.35% |
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| Riskometer | Very High |
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| Fund manager | Ekta Gala |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −30.92% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 81.9% of NIFTY Auto's upside and 98.3% of its downside.
Market cap allocation
| Large cap | 44.0% |
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| Mid cap | 32.4% |
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| Small cap | 23.6% |
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Concentration
| Top 5 holdings | 29.5% |
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| Top 10 holdings | 49.2% |
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| Total holdings | 38 |
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Top holdings
- Mahindra & Mahindra Ltd. — 8.0%
- Maruti Suzuki India Ltd. — 7.6%
- Sona BLW Precision Forgings Limited — 4.9%
- Bosch Ltd — 4.6%
- Samvardhana Motherson International Limited — 4.4%
- UNO Minda Limited — 4.2%
- Bajaj Auto Limited — 4.1%
- KEI Industries Ltd. — 4.0%
- CG Power and Industrial Solutions Limited — 3.7%
- Exide Industries Ltd. — 3.7%
Top sectors
- Automobile — 67.3%
- Software & Services — 8.4%
- Chemicals — 8.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −5.0% | Q3 | #97 of 167 |
| 2025 | 6.4% | Q2 | #46 of 132 |