Mirae Asset Nifty India Manufacturing ETF Fund of Fund
NAV
₹21.03
as of 21 Aug 2026
Mirae Asset Nifty India Manufacturing ETF Fund of Fund is an open-ended FoF Domestic scheme from Mirae Asset Mutual Fund managing ₹122 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹21.03 as of 21 Aug 2026. The expense ratio is 0.06% a year. Managed by Ekta Gala. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.06% / yr
- as of 30 Jun 2026
- Fund size
- ₹122 crore
- as of 30 Jun 2026
- Exit load
- 0.05%
- SIP available
- Yes
- Launched
- 31 Jan 2022
- ISIN
- INF769K01HZ2
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY India Manufacturing Index
Mirae Asset Nifty India Manufacturing ETF Fund of Fund
₹208
+108% on ₹100 over 4.5 yrs
FoF Domestic average
₹230
+130% on ₹100 over 4.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 4.68% | – | – |
| 6 months | 5.86% | – | – |
| 1 year | 13.73% | – | – |
| 3 years (CAGR) | 19.84% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -7.2%
- Median
- 16.8%
- Best
- 62.1%
43 windows over the last 54 months, stepped monthly; 91% ended positive. Worst window began 1 Aug 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 17.0%
- Median
- 21.4%
- Best
- 26.0%
19 windows over the last 54 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.77
- Sortino ratio (3Y)
- 1.15
- Standard deviation (3Y)
- 16.79%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-22.4%
Right now
-1.0% below peak
Where the money actually is
Equity
100.0%
Cash
-0.0%
Whole-portfolio split, as of 30 Jun 2026. The size split below covers only the equity slice of this.
What it owns
3 positions · top 10 = 100.1%
Market-cap mix (equity sleeve)
Large 68.3%Mid 29.1%Small 2.5%Other 0.1%
as of 30 Jun 2026
Top holdings
- Mirae Asset Nifty India Mfg ETF100.07%
- Net Receivables / (Payables)0.20%
- Treps0.13%
Holdings as of 30 Jun 2026. Portfolio turnover 10.2% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
Money in, money out
- Net flow, 12 months
- −₹1 cr
- Net flow, 3 months
- +₹2 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Nifty India Manufacturing ETF Fund of Fund?
- ₹21.03 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mirae Asset Nifty India Manufacturing ETF Fund of Fund?
- 0.06% a year for the Direct plan, as of 30 Jun 2026.
- How large is Mirae Asset Nifty India Manufacturing ETF Fund of Fund?
- ₹122 crore under management as of 30 Jun 2026, in the FoF Domestic category.
- How risky is Mirae Asset Nifty India Manufacturing ETF Fund of Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What is the worst 3-year return of Mirae Asset Nifty India Manufacturing ETF Fund of Fund?
- 17.0% a year — the weakest of 19 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 21.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Mirae Asset Nifty India Manufacturing ETF Fund of Fund?
- Ekta Gala, managing this fund for 4.5 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other FoF Domestic funds
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- Mirae Asset NYSE FANG + ETF Fund of Fund₹2,388 crore
- Mirae Asset Gold Silver Passive FoF₹1,288 crore
- Quantum Diversified Equity All Cap Active FOF₹134 crore
- Edelweiss Income Plus Arbitrage Omni Fund of Funds₹126 crore
- Groww Gold ETF FOF₹116 crore
- Baroda BNP Paribas Multi Asset Active Fund of Funds₹115 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY India Manufacturing Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.