October 16, 2025
RA Jainee
Mirae Asset Nifty EV and New Age Automotive ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 30.9537
Suitable For Which Investors?
Nobody should invest in Auto & Transportation funds in our opinion, because:
• They have a narrow focus on companies engaged in automotive & related business activities
• Instead, diversified equity funds which invest across sectors are better
If you still choose to invest:
1. Invest only through SIP
2. Have a 7+ year investment horizon
3. Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty EV and New Age Automotive Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
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.
2) Akshay Udeshi
Education: Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Experience: Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
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 of Mirae Asset Nifty EV and New Age Automotive ETF
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 10-Jul-24 |
| Return Since Launch | -5.14% |
| Benchmark | Nifty EV and New Age Automotive TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 171 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.39% |
| (As on 30-Sep-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Nifty EV and New Age Automotive ETF | 4.20 | -0.30 | -2.21 | 6.77 | 22.48 | -10.50 | — | — | — | — |
| BSE Auto TRI | 16.64 | -0.15 | -0.71 | 13.78 | 30.63 | 0.96 | — | — | — | — |
| Equity: Sectoral-Auto & Transportation | 14.02 | -0.21 | -0.72 | 10.59 | 28.20 | -0.69 | — | — | — | — |
| Rank within category | 13 | 12 | 14 | 13 | 13 | 11 | — | — | — | — |
| Number of funds in category | 15 | 17 | 17 | 17 | 16 | 13 | 4 | 1 | 1 | 1 |
Peer Comparison of Mirae Asset Nifty EV and New Age Automotive Exchange Traded Fund
| 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 EV and New Age Automotive ETF | Unrated | -10.5 | — | — | 0.39 | 171 | -5.14 | — | 1Y 3M | — |
| SBI Automotive Opportunities Reg | Unrated | -1.89 | — | — | 1.89 | 5,399 | 4.71 | 1.00 (30) | 1Y 4M | 37.00 |
| UTI Transportation & Logistics Reg | Unrated | 4.9 | 25.46 | 26.78 | 1.90 | 3,968 | 17.02 | 1.00 (30) | 21Y 6M | 19.00 |
| ICICI Pru Transportation and Logistics | Unrated | 4.98 | — | 2.00 | 3,014 | 27.49 | 1.00 (30) | 2Y 11M | 44.00 | |
| HDFC Transportation and Logistics Reg | Unrated | 9.48 | — | — | 2.13 | 1,652 | 31.49 | 1.00 (30) | 2Y 1M | 35.46 |
Portfolio Analysis of Mirae Asset Nifty EV and New Age Automotive ETF
| No. of Stocks | 35 |
| Top 10 Stocks | 52.01% |
| Top 5 Stocks | 32.29% |
| Top 3 Sectors | 87.89% |
| Portfolio P/B Ratio | 4.37 |
| Portfolio P/E Ratio | 32.94 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,03,013 | 1,39,854 |
| Giant (%) | 37.80 | 55.16 |
| Large (%) | 22.98 | 17.79 |
| Mid (%) | 39.22 | 22.90 |
| Small (%) | — | 10.08 |
| Tiny (%) | — | 0.07 |
Chanakya’s Mutual Fund Guidance For Mirae Asset Nifty EV and New Age Automotive Exchange Traded Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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