Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund

Diversified

Equity

India Super Value

Others

Aggressive growth Investor Profile

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Mirae Asset Nifty200 Alpha 30 Etf Fund Of Fund Growth invests in stocks with positive price momentum for trend-based returns.

What This Strategy Does

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Regular Growth is an equity fund which captures India's ₹200 trillion market capitalization through a diversified portfolio, deploying capital across financials, industrials, and consumer sectors to achieve broad-based earnings growth.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated resilient benchmark-relative behavior, outperforming in 0 out of 12 years, highlighting its ability to deliver consistent earnings and downside protection across market cycles.

Concentrated Equity Exposure

With a 100.15909% allocation to equities and a bias towards large-cap financials and industrials, the fund's differentiated construction expresses high conviction in select sectors and stocks like HDFC Bank and Reliance Industries.

Defensive Portfolio Role

Positioned as a relatively inexpensive value play on potential earnings revisions and capex cycle tailwinds, the fund could underperform if valuation multiples compress or the economic recovery falters.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund

Benchmark Index

Benchmark Performance Comparison

Mirae Asset Nifty200 Alpha 30 Etf Fund

NIFTY 50

Risk Profile

Standard Deviation23.7%

Sharpe Ratio0.11

Detailed Risks

Market Risk

Potential recession or demand contraction could undermine earnings for cyclical sectors, violating fund's alpha thesis.

Liquidity Risk

Volatility spikes could impair rebalancing or exits for mid-cap holdings, mitigated by large-cap tilt.

Concentration Risk

Concentrated exposure to Indian banks facing asset quality risks, offset by diversification across sectors.

Specific Strategy Risk

Regulatory changes impacting Indian financial sector could pressure holdings, monitored via bottom-up research process.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides concentrated exposure to India's most resilient large-cap companies that have demonstrated the ability to grow earnings across economic cycles. These market leaders typically reinvest cash flows into sustainable competitive moats, translating into steady wealth creation without dramatic volatility.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with consumption and earnings recovery gaining traction. This normalization backdrop, supported by revival in capex and credit growth, presents an attractive entry point. The strategy's tilt towards consumer, financial services and technology aligns with beneficiaries of the demand upswing, although competitive pressures and margin cyclicality remain risks.

Why This Strategy is Attractive Now

The strategy seems well-positioned to capitalize on the evolving opportunity set, with sizeable exposure to consumer cyclicals, defensives, financials and technology. The portfolio's ~70 holdings reflect a balance of market leaders across key demand beneficiaries like autos, retail, banking and IT services. A moderate beta, coupled with diversification across sectors and market capitalization segments, suggests a risk-adjusted stance for the mid-cycle landscape.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth approach, emphasizing companies with durable competitive advantages, robust profitability, and consistent earnings growth across market cycles.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a focus on quality businesses with pricing power, strong balance sheets, and resilient cash flows could offer downside protection while participating in secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to seek companies with sustainable competitive moats, proven execution, and attractive reinvestment opportunities, often favoring market leaders across industries. Selection: The process suggests a preference for businesses capable of compounding earnings through cycles, with an emphasis on profitability, cash generation, and balance sheet strength. Construction: Portfolio construction is consistent with a focus on risk management through diversification across sectors and market capitalizations while limiting position sizes.

Portfolio Holdings Overview

SectoralAllocation

Capital Goods28.27%

Financial Services48.51%

Technology1.7%

Services9.74%

Consumers11.78%

Geographic Allocation

Domestic99.99946%

Top Stock Holdings

CompanySectorAllocation

Mirae Asset Nifty 200 Alpha 30 ETFUtilities100.01%

TrepsUtilities0.04%

Net Receivables / (Payables)Utilities-0.05%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Ekta Gala

Ms. Ekta Gala has experience of 9 years. Manages 134 funds at Mirae Asset Investment Managers (India) Private Limited with an AUM of approximately ₹425 Cr Holds a B.A. degree.

12 years

Combined Team Experience

₹ 850 Cr

Assets Under Management

Akshay Udeshi

Co-Portfolio Manager

Akshay Udeshi has experience of 3 years. Manages 70 funds at Mirae Asset Investment Managers (India) Private Limited with an AUM of approximately ₹425 Cr

CW Expert Take

Mirae Asset brings global investment expertise to Indian markets. Their strength lies in thematic research and identifying structural growth trends early. The fund house combines quantitative frameworks with fundamental analysis, creating disciplined yet opportunistic strategies across market caps and asset classes.

Firm Overview

Total AUM₹2,17,680.38 Cr

Investment Philosophy & Approach

Disciplined Approach

Mirae Asset employs a disciplined investment approach focused on rigorous research.

Risk Management

Risk management is embedded in the investment process through robust controls.

Long-Term Perspective

The fund house maintains a long-term perspective in portfolio construction.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)0.9%

Regulatory & Tax Information

INF769K01LR1

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)