September 14, 2022
mayank
Mirae Asset Nifty 100 ESG Sector Leaders ETF
NAV Growth : Rs 30.2500
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a Thematic ESG fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes Thematic ESG funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty100 ESG Sector Leaders Total Return Index, subject to tracking error.
Fund Manager :
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.
Investment Details
| Min. Investment (Rs) : | 5,000 |
| Min. Addl Investment (Rs) : | — |
| Min. SIP Investment (Rs : | — |
| Min. Withdrawal (Rs) : | — |
| Min. No of Cheques : | — |
| Min. Balance (Rs) : | — |
| Lock-in Period : | NA |
| Exit Load : | 0 |
Basic Details
| Fund House : | Mirae Asset Mutual Fund |
| Launch Date : | 17-Nov-20 |
| Return Since Launch : | 18.23% |
| Benchmark : | Nifty 100 ESG Sector Leaders TRI |
| Riskometer : | Very High |
| Type : | Open-ended |
| Assets : | Rs 162 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio : | 0.65% |
| (As on 31-Jul-2022) | |
| Risk Grade : | — |
| Return Grade : | — |
| Turnover : | — |
Mirae Asset Nifty 100 ESG Sector Leaders ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | 1.78 | 0.66 | 1.81 | 14.3 | 6.93 | 1.06 | — | — | — | — |
| S&P BSE 100 TRI | 6.6 | 0.7 | 2.79 | 16.27 | 11.01 | 6.79 | — | — | — | — |
| Equity: Thematic-ESG | -0.95 | 0.53 | 2.69 | 15.91 | 6.89 | 0.68 | — | — | — | — |
| Rank within category | 2 | 4 | 8 | 6 | 4 | 3 | — | — | — | — |
| Number of funds in category | 10 | 10 | 10 | 10 | 10 | 10 | 2 | 1 | 1 | 1 |
Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | Unrated | 1.06 | — | — | 0.65 | 162 | 18.23 | — | 1yrs 10mo | — |
| SBI Magnum Eqt ESG Reg | Unrated | 3.3 | 17.86 | 12.6 | 2.06 | 4,670 | 15.03 | 1.00 (365) | 31yrs 8mo | 29.00 |
| Axis ESG Eqt Reg | Unrated | -8.75 | — | — | 2.09 | 1,802 | 17.36 | 1.00 (365) | 2yrs 7mo | 23.00 |
| Kotak ESG Opp Reg | Unrated | -4.29 | — | — | 2.08 | 1,440 | 10.65 | 1.00 (365) | 1yrs 9mo | 25.14 |
| ICICI Pru ESG | Unrated | -3.97 | — | — | 2.18 | 1,416 | 17.06 | 1.00 (365) | 1yrs 11mo | 75.00 |
Portfolio Analysis
| No. of Stocks : | 56 |
| Top 10 Stocks % : | 59.19 |
| Top 5 Stocks % : | 40.99 |
| Top 3 Sectors % : | 63.43 |
| Portfolio P/B Ratio : | 3.87 |
| Portfolio P/E Ratio : | 25.43 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,82,438 | 1,98,660 |
| Giant (%) | 81.71 | 59.37 |
| Large (%) | 16.87 | 17.76 |
| Mid (%) | 1.41 | 18.90 |
| Small (%) | — | 6.61 |
| Tiny (%) | — | — |
Mirae Asset Nifty 100 ESG Sector Leaders ETF by Chanakya :
Do not invest in this, or any other Thematic ESG fund, if you need to redeem your investment in less than five years.
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
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https://sahifund.com/category/nfos/
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