Mirae Asset Nifty 100 ESG Sector Leaders FoF Regul...
NAV as of Jun 28, 2024
17.690.10%
(Earn upto 0.39% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic-ESG
Expense Ratio:
0.46%(1.88% Category
average)Fund Size:
Rs. 105.57 Cr(0.96% of Investment in Category)
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Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDC...
NAV as of Jun 28, 2024
17.690.10%
Expense Ratio:
0.46%
Fund Size:
Rs. 105.57 Cr
Fund Category:
Equity: Thematic-ESG
1. Current NAV: The Current Net Asset Value of the Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan as of Jun 28, 2024 is Rs 17.69 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 29.69% (1yr), 14.04% (3yr) and 17.18% (since launch). Whereas, Category returns for the same time duration are: 33.04% (1yr), 15.82% (3yr) and 16.65% (5yr).
3. Fund Size: The Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan currently holds Assets under Management worth of Rs 105.57 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.46% for Regular plan as on Jun 22, 2024.
5. Exit Load: Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan shall attract an Exit Load, "Exit load of 0.05% if redeemed within 5 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 7.26 8.12 12.80 29.69 14.04 - Category Avg 6.94 10.35 14.50 33.04 15.82 16.65 Rank within Category 4 8 9 8 6 - No. of funds within Category 10 10 10 10 10 1 - Loading...
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Return Comparison
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Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDCW Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset ESG Sector Leaders ETF.
Fund House | Mirae Asset Mutual Fund |
Launch Date | Nov 18, 2020 |
Benchmark | Nifty 100 ESG Sector Leaders Total Return Index |
Return Since Launch | 17.18% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDCW Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 0.05% if redeemed within 5 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 1 | 1 | 1 | 1 | 1 | 1 |
Top 5 Company Holdings | 99.97% | 99.7% | 100.03% | 99.93% | 99.92% | 100.0% |
Top 10 Company Holdings | 99.97% | 99.7% | 100.03% | 99.93% | 99.92% | 100.0% |
Company with Highest Exposure | Mirae Asset Nifty 100 ESG Sector Leaders ETF-G (99.97%) | Mirae Asset Nifty 100 ESG Sector Leaders ETF-G (99.7%) | Mirae Asset Nifty 100 ESG Sector Leaders ETF-G (100.03%) | Mirae Asset Nifty 100 ESG Sector Leaders ETF-G (99.93%) | Mirae Asset Nifty 100 ESG Sector Leaders ETF-G (99.92%) | Mirae Asset Nifty 100 ESG Sector Leaders ETF-G (100.0%) |
Number of Sectors | 15 | 15 | 15 | 15 | 15 | 15 |
Top 3 Sector Holdings | 55.63% | 56.31% | 56.56% | 57.17% | 57.89% | 58.2% |
Top 5 Sector Holdings | 69.64% | 69.96% | 69.83% | 69.95% | 70.17% | 70.67% |
Sector with Highest Exposure | Financial (27.31%) | Financial (27.48%) | Financial (27.04%) | Financial (26.35%) | Financial (27.46%) | Financial (29.42%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Mirae Asset Nifty 100 ESG Sector Leaders ETF-G Unclassified 99.97 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDCW 17.69 Unrated 105.57 7.26 29.69 14.04 - SBI ESG Exclusionary Strategy Fund-IDCW 73.11 Unrated 5,534.25 7.05 31.23 16.66 16.65 Axis ESG Integration Strategy Fund Regular-IDCW 16.11 Unrated 1,338.05 6.55 29.59 11.99 - ICICI Prudential ESG Exclusionary Strategy Fund-IDCW 16.72 Unrated 1,409.93 7.45 38.00 15.94 - Quant ESG Equity Fund Regular-IDCW 33.92 Unrated 266.07 4.41 47.79 29.30 -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.41VS13.13Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.97VS0.93Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.54VS0.68Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
6.90VS9.78Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-3.41VS-0.59Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
12.03VS14.42Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Mirae Asset Mutual Fund News
Fund Manager
- E.G.Ekta GalaSince Dec 20203 schemes
- A.U.Akshay UdeshiSince Aug 20230 schemes
Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Regular - IDCW Thematic 10.56 Unrated 79.62 - Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Regular - IDCW Thematic 11.27 Unrated 113.52 - Mirae Asset Nifty India Manufacturing ETF FoF Regular - IDCW Thematic 18.47 Unrated 87.16 58.43 Mr. Udeshi has done B.E (Electronics) and MBA (Finance) Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
No schemes for the Fund Manager
More Mirae Asset Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Mirae Asset Large Cap Fund Regular- Growth | 37,631.07 | 5.61 | 9.56 | 10.95 | 24.84 | 13.99 | |
Mirae Asset Large & Midcap Fund Regular-Growth | 35,272.60 | 5.43 | 13.88 | 16.40 | 40.15 | 18.55 | |
Mirae Asset ELSS Tax Saver Fund Regular-Growth | 22,620.57 | 5.41 | 12.89 | 15.50 | 36.03 | 17.68 | |
Mirae Asset Midcap Fund Regular - Growth | 15,353.87 | 5.98 | 18.70 | 20.20 | 49.81 | 24.17 | |
Mirae Asset Liquid Fund - Growth | 11,570.11 | 0.60 | 1.85 | 3.72 | 7.27 | 5.70 | |
Mirae Asset Aggressive Hybrid Fund Regular-Growth | 8,563.76 | 5.21 | 9.53 | 12.18 | 25.59 | 13.92 | |
Mirae Asset Focused Fund Regular - Growth | 7,920.31 | 5.02 | 7.93 | 7.78 | 18.40 | 10.96 | |
Mirae Asset Great Consumer Fund Regular-Growth | 3,409.20 | 5.99 | 16.39 | 16.13 | 34.29 | 22.42 | |
Mirae Asset Multicap Fund Regular - Growth | 2,778.68 | 5.26 | 14.84 | 16.05 | - | - | |
Mirae Asset Nifty 50 ETF - Growth | 2,388.15 | 5.14 | 7.29 | 10.67 | 26.32 | 15.80 |
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1. Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan is Open-ended Thematic-ESG Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Nov 18, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset ESG Sector Leaders ETF. "
2. It is benchmarked against Nifty 100 ESG Sector Leaders Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.71% in equities, 0.0% in debts and 0.29% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 99.97% of the assets, the top 3 sectors constitute around 55.63% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular-IDCW
- Is it safe to invest in Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan comes under Very High risk category.
- What is the category of Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan?Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan belongs to the Equity : Thematic-ESG category of funds.
- How Long should I Invest in Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan?The suggested investment horizon of investing into Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan?The Mirae Asset Nifty 100 ESG Sector Leaders FoF - Regular Plan is managed by Ekta Gala (Since Dec 28, 2020) and Akshay Udeshi (Since Aug 28, 2023).
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