Review of Mirae Asset Nifty India New Age Consumption ETF FoF NFO
December 12, 2024
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Review of Mirae Asset Nifty India New Age Consumption ETF FoF NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of Nifty India New Age Consumption TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -7.20 | 34.09 | 41.67 | 22.08 | 13.25 |
| Total Return | -7.17 | 34.70 | 42.32 | 22.90 | 14.27 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 16.18 | 20.09 | 23.09 |
| Beta (NIFTY 50) | 0.95 | 0.90 | 0.95 |
| Correlation (NIFTY 50) | 0.82 | 0.85 | 0.87 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 58.16 | 8.93 | 0.51 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Zomato Ltd. | 5.50 |
| Bharti Airtel Ltd. | 5.13 |
| Mahindra & Mahindra Ltd. | 5.09 |
| Trent Ltd. | 4.74 |
| Titan Company Ltd. | 4.65 |
| Maruti Suzuki India Ltd. | 4.49 |
| Tata Motors Ltd. | 4.33 |
| InterGlobe Aviation Ltd. | 3.48 |
| Indian Hotels Co. Ltd. | 3.16 |
| Bajaj Auto Ltd. | 3.02 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Akshay Udeshi
| Fund | Mirae Asset Nifty 100 ESG Sector Leaders ETF | It’s Benchmark | Mirae Asset Nifty 100 ESG Sector Leaders FoF | It’s Benchmark |
| 1 Year | 20.43 | 22.51 | 20.31 | 22.51 |
| 3 Year | 11.94 | 15.13 | 11.42 | 15.13 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 12-12-2024
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 | 18.63 | 22.51 | 43.98 | 22.51 |
| 3 Year | 13.30 | 15.13 | 20.16 | 15.13 |
| 5 Year | 16.81 | 18.52 | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 12-12-2024
Note on Fund Managers’ performance