Mirae Asset Nifty 500 Value 50 ETF-Growth NFO

March 10, 2026

RA Jainee

Mirae Asset Nifty 500 Value 50 ETF | Growth

📌 Fund Snapshot & Key Details (Master Table)

Particulars	Details
Fund House	Mirae Asset Mutual Fund
Scheme Type	Open-ended
Category	Equity: Value Oriented
Benchmark	Nifty 500 Value 50 TRI
NFO Opens	09 March 2026
NFO Closes	16 March 2026
Plan / Option	Growth
Minimum Investment (Rs.)	5000
Exit Load	0
Lock-in Period	NA
Riskometer	Very High
Registrar	KFin Technologies Ltd.

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⏱️ Last Updated: 10 March 2026, 10.00 AM

📊 Benchmark Trend & Behaviour – Nifty 500 Value 50 TRI

The Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their ‘value’ scores. The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.

The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products

Highlights:

The index has a base date of April 01, 2005 and a base value of 1000
Stocks from Nifty 500 index at the time of review are eligible for inclusion in the index
50 companies with higher Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield are selected to be part of the index
The weight of each stock in the index is based on the combination of stock’s ‘value’ score and its free float market capitalization
Index is rebalanced semi-annually

Benchmark Performance Snapshot

Index Returns (%) #	QTD	YTD	1 Year	5 Years	Since Inception
Price Return	8.50	8.50	40.33	28.51	14.45
Total Return	8.78	8.78	42.15	31.11	17.36

Statistics ##	1 Year	5 Years	Since Inception
Std. Deviation *	16.66	20.64	25.75
Beta (NIFTY 50)	1.11	1.13	0.98
Correlation (NIFTY 50)	0.80	0.75	0.79

Fundamentals

P/E	P/B	Dividend Yield
10.42	1.62	2.38

Benchmark Portfolio Characteristics

Methodology	Tilt Weighted
No. of Constituents	50
Launch Date	October 24, 2018
Base Date	April 01, 2005
Base Value	1000
Calculation Frequency	Real-Time
Index Rebalancing	Semi-Annually

Sahifund Insight:
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🧠 Investment Strategy – Explained Simply

The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty 500 Value 50 Total Return Index, subject to tracking error.

👤 Fund Manager & Past Performance – Mirae Asset Nifty 500 Value 50 ETF-Growth

Fund Manager

Akshay Udeshi
• 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

Ekta Gala
• 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.

Sahifund Interpretation:

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⚠️ Disclaimer

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.

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