February 24, 2025
RA Jainee
Mirae Asset BSE 200 Equal Weight ETF FoF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Mirae Asset BSE 200 Equal Weight ETF FoF Open Date, Close Date?
NFO opens on February 25, 2025
NFO will close on March 11, 2025
Investment Strategy for this NFO?
The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE 200 Equal Weight ETF. The Scheme does not guarantee or assure any returns.
Basic Details
| Fund House | Mirae Asset Mutual Fund |
| Issue Open | 25 February 2025 |
| Issue Close | 11 March 2025 |
| Type | Open-ended |
| Category | Equity: Large & MidCap |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.05% for redemption within 15 days |
| Riskometer | Very High |
| Benchmark | BSE 200 Equal Weight TRI |
About Benchmark Index for this NFO?
The BSE 200 Equal Weight Index provides equal weightage to all the constituents in BSE 200 Index, covering all major industries in the Indian economy.
Methodology:
1. The index is derived from the constituents of the BSE 500. The inclusion of DVRs in the index will result in more than 200 stocks in the index. However, the number of companies in the index remains fixed at 200.
2. Constituents are selected for index inclusion as follows:
• Have an annualized traded value greater than or equal to INR 500 crores. Current index constituents with an annualized traded value of at least INR 400 crores remain eligible for index inclusion provided they meet the other eligibility criteria.
• Stocks must have traded for at least 90% of the trading days at BSE during the six-month reference period.
For complete details please view the Methodology document at
https://www.asiaindex.co.in/Downloads/BSE_Indices_Methodology.pdf
Quick Facts
| Launch Date | 27th September 2024 |
| First Vlaue Date | 1st August 2006 |
| Base Value | 1274 |
| Number of Constituents | 201 |
| Reconstitution Frequecy | Semiannually in June and December |
| Weighting Method | Capped Float-adjusted market cap weighted |
| Index Universe | BSE 500 |
| Calculation Currencies | INR, USD |
Fund Managers of Mirae Asset BSE 200 Equal Weight ETF FoF
1) Ekta Gala
Education: Ms. Gala is a B.Com & Inter CA (IPCC)
Experience: Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
2) Vishal Singh
Education: Mr. Singh has done B.Com, CA, CFA and FRM
Experience: Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.
AMC
Mirae Asset Investment Managers (India) Pvt. Ltd.
Address: Unit No.606 – 6th Floor, Windsor Building – Off. CST Road, Kalina, Santacruz (East), Mumbai – 400098
Website: http://www.miraeassetmf.co.in
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Mirae Asset BSE 200 Equal Weight ETF FoF @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of BSE 200 Equal Weight TRI
Performance
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 MO | 3 MOS | YTD* | 1 YR | 3 YRS | 5 YRS | 10 YRS | ||
| TOTAL RETURNS | 15563.48 | -3.48 | -5.31 | -3.48 | 12.43 | 19.45 | 24.00 | 14.86 |
| PRICE RETURNS | 12192.40 | -3.52 | -5.46 | -3.52 | 11.25 | 17.80 | 22.26 | 13.33 |
Risk
| Index Level | Annualised Risk | ANNUALIZED RISK-ADJUSTED RETURNS | ||||||
| 1 YRS | 3 YRS | 5 YRS | 10 YRS | 1 YRS | 3 YRS | 5 YRS | 10 YRS | |
| Total Returns | 13.81% | 15.17% | 21.66% | 19.16% | 0.9 | 1.27 | 1.11 | 0.78 |
| Price Returns | 13.71 % | 15.12% | 21.75% | 19.21% | 0.82 | 1.16 | 1.02 | 0.69 |
Fundamentals
| PE | PB | DIV. YIELD% |
| 25.62 | 3.9 | 1.11 |
Index Characteristics
| NUMBER OF CONSTITUENTS | – |
| CONSTITUENT MARKET CAP [INR CRORE] | |
| MEAN TOTAL MARKET CAP | 157843.18 |
| LARGEST TOTAL MARKET CAP | 1711709.86 |
| SMALLEST TOTAL MARKET CAP | 20597.21 |
| MEDIAN TOTAL MARKET CAP | 90608.42 |
| WEIGHT LARGEST CONSTITUENT [%] | 0.65 |
| WEIGHT TOP 10 CONSTITUENTS [%] | 5.95 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Ekta Gala
| Fund | Mirae Asset Nifty 50 ETF | It’s Benchmark | Mirae Asset Nifty Next 50 ETF | It’s Benchmark |
| 1 Year | 4.55 | 4.92 | 4.22 | 4.92 |
| 3 Year | 11.06 | 12.45 | 15.25 | 12.45 |
| 5 Year | 14.71 | 15.82 | 16.48 | 15.82 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 24-2-2025
Past Performance of Vishal Singh
| Fund | Mirae Asset Nifty 100 Low Volatility 30 ETF | It’s Benchmark | Mirae Asset Nifty 50 ETF | It’s Benchmark |
| 1 Year | 4.29 | 4.92 | 4.55 | 4.92 |
| 3 Year | — | — | 11.06 | 12.45 |
| 5 Year | — | — | 14.71 | 15.82 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 24-2-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in Mirae Asset BSE 200 Equal Weight ETF FoF NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
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