The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India Manufacturing ETF. There is no assurance that the investment objective of the Scheme will be realized.
The Mirae Asset Nifty India Manufacturing ETF Fund of Fund Regular Growth has an AUM of 114.32 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.05% and an expense ratio of 0.96%. The minimum investment in Mirae Asset Nifty India Manufacturing ETF Fund of Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 99.
As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.
The top holdings of the fund include Mirae Asset Nifty India Manufacturing ETF & Treps.
Some of the similar funds are Nippon India Quant Fund - Growth, Mirae Asset Nifty India Manufacturing ETF Fund of Fund Regular Growth, Samco Special Opportunities Fund Regular Growth, Motilal Oswal Quant Fund Regular Growth, Quantum Ethical Fund Regular Growth. Mirae Asset Nifty India Manufacturing ETF Fund of Fund Regular Growth has a sharpe ratio of 1.04 & a standard deviation of 14.68%.
You have to be logged in to add this to Watchlist.
