Mirae Asset Nifty 50 Etf (Man50etf) Overview
Category ETF
BMSMONEY Rank 23
BMSMONEY Rating
Growth Option As On: 18-04-2024
NAV ₹232.4 (R) 0.0% (D) %
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 26.17% 16.54% 14.88% -% -%
LumpSum Dir. P
SIP Reg. P 20.72% 15.26% 17.53% -% -%
SIP Dir. P
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.59 0.33 0.78 -0.06% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.92% -13.07% -9.93% 1.0 8.54%

NAV Date: 18-04-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty 50 ETF (MAN50ETF) 232.4
0.0000
0.0000%

Review Date: Feb. 29, 2024

Performance of the Mirae Asset Nifty 50 Etf (Man50Etf) has been analyzed on 21 performance parameters. Out of nine return parameters, the fund has zero return parameters in first quartile; whereas one risk parameter (out of five) in first quartile. Similarly one risk-adjusted performance parameter is in first quartile. Based on this performance Mirae Asset Nifty 50 Etf (Man50Etf) has achieved 23rd (out of 84 funds), which is good rank in the ETFs category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The ETFs category has 84 funds.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Mirae Asset Nifty 50 Etf (Man50Etf) has below average return performance, as more than 25% 1 year and above return parameters are below average in ETFs category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 2.27% in last one month which is poor as it is in the below average in ETFs.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 8.64% in last three month which is poor as it is in the below average in ETFs.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 14.53% in last six month which is good as it is above average in ETFs.
  4. 1 Year Return%: The Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 28.31% in last one year which is poor as it is in the below average in ETFs. The one year return rank of Mirae Asset Nifty 50 Etf (Man50Etf) is 74 in 129 funds. The investment of ₹ 10,000 in this fund would have become ₹ 12831.0 in one year.
  5. 3 Year Return%: The Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 15.48% in last three year which is good as it is above average with return rank of 33 in 83 funds. in ETFs.
  6. 5 Year Return%: The Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 16.38% in last five year which is good as it is above average with return rank of 20 in 62 funds. in ETFs.
  7. 1 Year SIP Return%: The Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 28.83% in last one year which is poor as it is in the below average with return rank of 74 in 125 funds. in ETFs.
  8. 3 Year SIP Return%: The Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 16.65% in last three year which is poor as it is in the below average with return rank of 34 in 78 funds. in ETFs.
  9. 5 Year SIP Return%: The Mirae Asset Nifty 50 Etf (Man50Etf) has given return of 18.31% in last five year which is good as it is above average with return rank of 24 in 56 funds. in ETFs.
    10. '
'

The Mirae Asset Nifty 50 Etf (Man50Etf) has average risk performance, as more than 25% risk parameters are above average ETFs category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Mirae Asset Nifty 50 Etf (Man50Etf) has standard deviation of 12.92 which is good as it is above average with risk rank of 15 in 47 funds. in ETFs.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Mirae Asset Nifty 50 Etf (Man50Etf) has semi deviation of 8.54 which is good as it is above average with risk rank of 18 in 47 funds. in ETFs.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Mirae Asset Nifty 50 Etf (Man50Etf) has max drawdown of -9.93% which is very good as it is in the top quartile with risk rank of 12 in 47 funds. in ETFs.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Mirae Asset Nifty 50 Etf (Man50Etf) has 1Y VaR at 95% of -13.07% which is good as it is above average with risk rank of 20 in 47 funds. in ETFs.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Mirae Asset Nifty 50 Etf (Man50Etf) has average drawdown of -5.05% which is good as it is above average with risk rank of 22 in 47 funds. in ETFs.
    6. '
'

The Mirae Asset Nifty 50 Etf (Man50Etf) has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ETFs category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Mirae Asset Nifty 50 Etf (Man50Etf) has Sterling Ratio of 0.78 which is good as it is above average with risk rank of 25 in 47 funds. in ETFs.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Mirae Asset Nifty 50 Etf (Man50Etf) has Sortino Ratio of 0.33 which is poor as it is in the below average with risk rank of 25 in 47 funds. in ETFs.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Mirae Asset Nifty 50 Etf (Man50Etf) has Jensen Alpha of -0.06% which is good as it is above average with risk rank of 15 in 47 funds. in ETFs.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Mirae Asset Nifty 50 Etf (Man50Etf) has Treynor Ratio of 0.08 which is poor as it is in the below average with risk rank of 26 in 47 funds. in ETFs.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Mirae Asset Nifty 50 Etf (Man50Etf) has Modigliani Square Measure of 15.49% which is poor as it is in the below average with risk rank of 25 in 47 funds. in ETFs.
  6. Alpha %: It is a measure of risk-adjusted return. The Mirae Asset Nifty 50 Etf (Man50Etf) has Alpha of -0.07% which is very good as it is in the top quartile with risk rank of 7 in 47 funds. in ETFs.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.81
2.04
-6.61 | 12.65 77 | 129
No
No
No
3M Return % 1.85
0.23
-90.01 | 18.53 83 | 129
Yes
No
No
6M Return % 12.43
10.14
-89.68 | 54.00 69 | 129
Yes
No
No
1Y Return % 26.17
25.09
-88.94 | 103.06 70 | 129
Yes
No
No
3Y Return % 16.54
6.78
-48.78 | 56.39 30 | 87
Yes
No
No
5Y Return % 14.88
1.42
-54.35 | 25.23 19 | 63
Yes
No
No
1Y SIP Return % 20.72
25.95
-19.68 | 117.15 66 | 121
No
No
No
3Y SIP Return % 15.26
15.70
-10.96 | 61.29 32 | 79
No
No
No
5Y SIP Return % 17.53
14.99
-13.45 | 45.37 21 | 56
Yes
No
No
Standard Deviation 12.92
38.19
12.38 | 563.83 15 | 47
Yes
No
No
Semi Deviation 8.54
14.88
8.11 | 106.95 18 | 47
Yes
No
No
Max Drawdown % -9.93
-16.88
-90.23 | -8.96 12 | 47
Yes
Yes
No
VaR 1 Y % -13.07
-16.10
-32.78 | -10.27 20 | 47
Yes
No
No
Average Drawdown % -5.05
-6.61
-24.75 | -3.35 22 | 47
Yes
No
No
Sharpe Ratio 0.59
0.60
-0.95 | 1.37 24 | 47
No
No
No
Sterling Ratio 0.78
0.77
-0.47 | 1.62 25 | 47
Yes
No
No
Sortino Ratio 0.33
0.42
-0.13 | 1.60 25 | 47
No
No
No
Jensen Alpha % -0.06
-1.92
-73.22 | 62.57 15 | 47
Yes
No
No
Treynor Ratio 0.08
0.08
-0.51 | 0.34 26 | 47
No
No
No
Modigliani Square Measure % 15.49
16.73
-10.70 | 43.53 25 | 47
No
No
No
Alpha % -0.07
-1.82
-61.48 | -0.01 7 | 47
Yes
Yes
No
Return data last Updated On : April 18, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
Standard Deviation 12.92 38.19 12.38 | 563.83 15 | 47
Yes
No
No
Semi Deviation 8.54 14.88 8.11 | 106.95 18 | 47
Yes
No
No
Max Drawdown % -9.93 -16.88 -90.23 | -8.96 12 | 47
Yes
Yes
No
VaR 1 Y % -13.07 -16.10 -32.78 | -10.27 20 | 47
Yes
No
No
Average Drawdown % -5.05 -6.61 -24.75 | -3.35 22 | 47
Yes
No
No
Sharpe Ratio 0.59 0.60 -0.95 | 1.37 24 | 47
No
No
No
Sterling Ratio 0.78 0.77 -0.47 | 1.62 25 | 47
Yes
No
No
Sortino Ratio 0.33 0.42 -0.13 | 1.60 25 | 47
No
No
No
Jensen Alpha % -0.06 -1.92 -73.22 | 62.57 15 | 47
Yes
No
No
Treynor Ratio 0.08 0.08 -0.51 | 0.34 26 | 47
No
No
No
Modigliani Square Measure % 15.49 16.73 -10.70 | 43.53 25 | 47
No
No
No
Alpha % -0.07 -1.82 -61.48 | -0.01 7 | 47
Yes
Yes
No
Return data last Updated On : April 18, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.0 ₹ 10000.0 ₹
1W -2.33 ₹ 9767.0 ₹
1M 0.81 ₹ 10081.0 ₹
3M 1.85 ₹ 10185.0 ₹
6M 12.43 ₹ 11243.0 ₹
1Y 26.17 ₹ 12617.0 ₹
3Y 16.54 ₹ 15830.0 ₹
5Y 14.88 ₹ 20011.0 ₹
7Y - ₹ - ₹
10Y - ₹ - ₹
15Y - ₹ - ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 20.7242 ₹ 13309.404 ₹
3Y ₹ 36000 15.2628 ₹ 45151.776 ₹
5Y ₹ 60000 17.5321 ₹ 92952.12 ₹
7Y ₹ 84000 - ₹ - ₹
10Y ₹ 120000 - ₹ - ₹
15Y ₹ 180000 - ₹ - ₹


Date NAV Regular Growth NAV Direct Growth
18-04-2024 232.4044 None
16-04-2024 234.0118 None
15-04-2024 235.3286 None
12-04-2024 237.9387 None
09-04-2024 239.2435 None
08-04-2024 239.4925 None
05-04-2024 237.8808 None
04-04-2024 237.8913 None
03-04-2024 237.0462 None
02-04-2024 237.2442 None
01-04-2024 237.3365 None
28-03-2024 235.9105 None
27-03-2024 233.7631 None
26-03-2024 232.5117 None
22-03-2024 233.4856 None
21-03-2024 232.59 None
20-03-2024 230.764 None
19-03-2024 230.5356 None
18-03-2024 233.0531 None
15-03-2024 232.7118 None
14-03-2024 234.012 None
13-03-2024 232.4381 None
12-03-2024 236.0099 None
11-03-2024 235.9779 None
07-03-2024 237.6797 None
06-03-2024 237.4737 None
05-03-2024 236.23 None
04-03-2024 236.7512 None
01-03-2024 236.0462 None
29-02-2024 232.286 None
28-02-2024 231.9521 None
27-02-2024 234.5637 None
26-02-2024 233.759 None
23-02-2024 234.7164 None
22-02-2024 234.7669 None
21-02-2024 233.0536 None
20-02-2024 234.5515 None
19-02-2024 233.733 None
16-02-2024 232.8733 None
15-02-2024 231.4642 None
14-02-2024 230.6631 None
13-02-2024 229.6417 None
12-02-2024 228.3 None
09-02-2024 230.0574 None
08-02-2024 229.3542 None
07-02-2024 231.4641 None
06-02-2024 231.4527 None
05-02-2024 229.7634 None
02-02-2024 230.6307 None
01-02-2024 228.9815 None
31-01-2024 229.2799 None
30-01-2024 227.1322 None
29-01-2024 229.4059 None
25-01-2024 225.3458 None
24-01-2024 226.4153 None
23-01-2024 224.1425 None
20-01-2024 227.6561 None
19-01-2024 228.19 None
18-01-2024 226.4038 None
17-01-2024 227.5608 None
16-01-2024 232.4159 None
15-01-2024 233.1028 None
12-01-2024 230.9638 None
11-01-2024 228.3542 None
10-01-2024 228.0523 None
09-01-2024 227.2733 None
08-01-2024 226.9376 None
05-01-2024 229.0254 None
04-01-2024 228.4749 None
03-01-2024 226.9847 None
02-01-2024 228.5515 None
01-01-2024 229.3544 None
29-12-2023 229.2445 None
28-12-2023 229.744 None
27-12-2023 228.439 None
26-12-2023 226.1877 None
22-12-2023 225.2192 None
21-12-2023 224.2243 None
20-12-2023 223.118 None
19-12-2023 226.314 None
18-12-2023 225.9508 None
15-12-2023 226.3525 None
14-12-2023 223.4631 None
13-12-2023 220.76 None
12-12-2023 220.5496 None
11-12-2023 221.5068 None
08-12-2023 221.2151 None
07-12-2023 220.4953 None
06-12-2023 220.8814 None
05-12-2023 220.0106 None
04-12-2023 218.2366 None
01-12-2023 213.8206 None
30-11-2023 212.4004 None
29-11-2023 212.0154 None
28-11-2023 209.8348 None
24-11-2023 208.832 None
23-11-2023 208.9089 None
22-11-2023 209.0127 None
21-11-2023 208.713 None
20-11-2023 207.771 None
17-11-2023 208.1705 None
16-11-2023 208.5235 None
15-11-2023 207.5338 None
13-11-2023 205.0884 None
10-11-2023 204.897 None
09-11-2023 204.5804 None
08-11-2023 205.0886 None
07-11-2023 204.701 None
06-11-2023 204.7547 None
03-11-2023 202.8473 None
02-11-2023 201.791 None
01-11-2023 200.2167 None
31-10-2023 201.1576 None
30-10-2023 201.8038 None
27-10-2023 200.8183 None
26-10-2023 198.8129 None
25-10-2023 201.603 None
23-10-2023 203.1304 None
20-10-2023 205.8791 None
19-10-2023 206.713 None
18-10-2023 207.18 None
17-10-2023 208.6588 None
16-10-2023 207.8195 None
13-10-2023 208.0223 None
12-10-2023 208.4746 None
11-10-2023 208.6573 None
10-10-2023 207.3776 None
09-10-2023 205.5086 None
06-10-2023 206.9964 None
05-10-2023 205.8614 None
04-10-2023 204.7069 None
03-10-2023 205.6831 None
29-09-2023 206.8382 None
28-09-2023 205.6299 None
27-09-2023 207.6631 None
26-09-2023 207.118 None
25-09-2023 207.2219 None
22-09-2023 207.2196 None
21-09-2023 207.9372 None
20-09-2023 209.6128 None
18-09-2023 212.0562 None
15-09-2023 212.6789 None
14-09-2023 211.7392 None
13-09-2023 211.3907 None
12-09-2023 210.5821 None
11-09-2023 210.6156 None
08-09-2023 208.7593 None
07-09-2023 207.7816 None
06-09-2023 206.5605 None
05-09-2023 206.1895 None
04-09-2023 205.7045 None
01-09-2023 204.7204 None
31-08-2023 202.8117 None
30-08-2023 203.7972 None
29-08-2023 203.7466 None
28-08-2023 203.3626 None
25-08-2023 202.9402 None
24-08-2023 204.2116 None
23-08-2023 204.8141 None
22-08-2023 204.3146 None
21-08-2023 204.2847 None
18-08-2023 203.3339 None
17-08-2023 203.8851 None
16-08-2023 204.9328 None
14-08-2023 204.6126 None
11-08-2023 204.525 None
10-08-2023 205.6446 None
09-08-2023 206.5823 None
08-08-2023 205.8034 None
07-08-2023 206.0808 None
04-08-2023 205.2405 None
03-08-2023 203.8168 None
02-08-2023 205.2952 None
01-08-2023 207.3792 None
31-07-2023 207.5918 None
28-07-2023 206.464 None
27-07-2023 206.5813 None
26-07-2023 207.8007 None
25-07-2023 206.7775 None
24-07-2023 206.6912 None
21-07-2023 207.4514 None
20-07-2023 209.8925 None
19-07-2023 208.316 None
18-07-2023 207.4375 None
17-07-2023 207.0416 None
14-07-2023 205.5028 None
13-07-2023 203.8892 None
12-07-2023 203.4884 None
11-07-2023 204.0677 None
10-07-2023 203.1749 None
07-07-2023 202.9235 None
06-07-2023 204.649 None
05-07-2023 203.6151 None
04-07-2023 203.5154 None
03-07-2023 202.8208 None
30-06-2023 201.4252 None
28-06-2023 199.1377 None
27-06-2023 197.5212 None
26-06-2023 196.2018 None
23-06-2023 195.9342 None
22-06-2023 197.04 None
21-06-2023 197.9355 None
20-06-2023 197.5156 None
19-06-2023 196.8753 None
16-06-2023 197.5671 None
15-06-2023 196.1204 None
14-06-2023 196.7711 None
13-06-2023 196.3564 None
12-06-2023 195.158 None
09-06-2023 194.7603 None
08-06-2023 195.4813 None
07-06-2023 196.4423 None
06-06-2023 195.1107 None
05-06-2023 195.0568 None
02-06-2023 194.4333 None
01-06-2023 193.7781 None
31-05-2023 194.2654 None
30-05-2023 195.2026 None
29-05-2023 194.8354 None
26-05-2023 193.7976 None
25-05-2023 191.9347 None
24-05-2023 191.5614 None
23-05-2023 192.2164 None
22-05-2023 191.8651 None
19-05-2023 190.705 None
18-05-2023 189.9252 None
17-05-2023 190.467 None
16-05-2023 191.5627 None
15-05-2023 192.3481 None
12-05-2023 191.4705 None
11-05-2023 191.2847 None
10-05-2023 191.4734 None
09-05-2023 190.9596 None
08-05-2023 190.9438 None
05-05-2023 188.9022 None
04-05-2023 190.855 None
03-05-2023 189.1207 None
02-05-2023 189.725 None
28-04-2023 188.8617 None
27-04-2023 187.2497 None
26-04-2023 186.1894 None
25-04-2023 185.7255 None
24-04-2023 185.4555 None
21-04-2023 184.2092 None
20-04-2023 184.205 None
19-04-2023 184.1454 None
18-04-2023 184.5785 None

Fund Launch Date: 19/Nov/2018
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the Performance of the Nifty 50 Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Fund Description: An open ended scheme replicating/tracking Nifty 50 Index
Fund Benchmark: Nifty 50 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.