Mirae Asset Nifty EV and New Age Automotive ETF
Mirae Asset Mutual Fund · Equity ETF · exchange-traded fund
NAV (₹), 23 Oct 2026
28.6128
1-day change
-1.41%
1Y return
-8.6%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 11 Jul 2024 to 23 Oct 2026
Returns vs Equity ETF median (257 schemes) and “Sector: Auto & mobility” median (5)
| Period | Scheme | Category median | Sector: Auto & mobility median |
|---|---|---|---|
| 1 month | -10.0% | -6.8% | -9.9% |
| 3 months | -9.9% | -6.5% | -9.9% |
| 6 months | -3.9% | -5.7% | -3.9% |
| Year to date | -9.4% | -9.1% | -9.5% |
| 1 year | -8.6% | -9.0% | -8.6% |
| 3 years (CAGR) | n/a | 8.5% | 15.9% |
| 5 years (CAGR) | n/a | 6.2% | n/a |
| 7 years (CAGR) | n/a | 11.1% | n/a |
| 10 years (CAGR) | n/a | 11.2% | n/a |
| Since first NAV (CAGR) | -6.2% | – | – |
“Sector: Auto & mobility” is MFIC's grouping of Equity ETF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 4.1% | 9.1% |
| 3Y rolling median | n/a | 14.6% |
| 3Y rolling worst | n/a | 5.3% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 14.4% |
| 5Y rolling worst | n/a | 5.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.9% |
| Sharpe ratio | n/a | 0.14 |
| Sortino ratio | n/a | 0.19 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −30.9% | −21.0% |
| Maximum drawdown, last 10Y | n/a | −38.0% |
| Maximum drawdown, last 5Y | n/a | −20.6% |
| Current drawdown | −19.0% | −13.4% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER increased from 0.48% to 0.50% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Ekta Gala | Primary | 10 Jul 2024 |
| amp | 25 Mar 2026 | |
| Vishal Singh | ETF) | 25 Mar 2026 |
Objective: The investment objective of the scheme is 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. There is no assurance that the investment objective of the scheme will be achieved.
Stated asset allocation: Securities included in the Nifty EV and New Age Automotive Index 95% 100% Money market instruments including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds. 0 5% Low to Medium The Asset Allocation portion shall also include subscription and redemption cash flow which may be undeployed due to various reasons (dividend from underlying securities, rebalancing or balances for running cost of the scheme, residual amount due to execution on rounding off etc).
Benchmark (tier 1): Nifty EV and New Age Automotive Total Return Index
Minimum application: On exchange in multiple of 1 unit. With AMC: In multiples of 1,50,000 units
Allotment date: 10 Jul 2024
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), ETF | 0.50% | 0.23% |
| AUM, whole scheme (₹ crore) | 156 | 99 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 22 Oct 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -7.0% | -6.6% TRI |
Official benchmark: Nifty EV and New Age Automotive TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Equity ETF ETFs; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -9.4% | n/a | – |
| 2025 | 6.4% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 23 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,11,610 | -11.5% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
About ETF figures. All figures use the ETF's NAV as published by AMFI. Investors buy and sell ETFs on the stock exchange at the traded price, which can be above or below NAV and adds brokerage and bid-ask costs. Liquidity varies between ETFs.
Scheme facts
Category: Equity ETF
Plan / option: ETF · Growth
AMFI scheme code: 152715
ISIN: INF769K01LQ3
First NAV in MFIC data: 11 Jul 2024
History: 2.3 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Groww Nifty EV & New Age Automotive ETF | Equity ETF | 1.00 | n/a |
| Mirae Asset Nifty India Manufacturing ETF | Equity ETF | 0.96 | 15.3% |
| Kotak Nifty MNC ETF | Equity ETF | 0.96 | 9.3% |
| ICICI Prudential Nifty Auto ETF | Equity ETF | 0.94 | 16.0% |
| Nippon India Nifty Auto ETF | Equity ETF | 0.94 | 15.9% |
| Nippon India ETF Nifty Next 50 Junior BeES | Equity ETF | 0.92 | 15.4% |
Questions about Mirae Asset Nifty EV and New Age Automotive ETF
- What is the latest NAV of Mirae Asset Nifty EV and New Age Automotive ETF?
- The NAV of the ETF was ₹28.6128 on 23 Oct 2026, as published by AMFI.
- Which category is Mirae Asset Nifty EV and New Age Automotive ETF in?
- It is classified as Equity ETF in AMFI's daily NAV file; a Equity ETF scheme tracks an equity index and trades on the stock exchange. MFIC compares it with 257 Equity ETF schemes (ETFs).
- What was the largest fall in Mirae Asset Nifty EV and New Age Automotive ETF's NAV?
- The largest peak-to-trough fall in its available history was 30.9%.
- What is the expense ratio (TER) of Mirae Asset Nifty EV and New Age Automotive ETF?
- The total expense ratio of the ETF is 0.50% a year, as disclosed to AMFI (median of Equity ETF ETFs: 0.23%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Mirae Asset Nifty EV and New Age Automotive ETF?
- Assets under management of the whole scheme were ₹156 crore on 22 Oct 2026, as published by AMFI.
- What is the riskometer level of Mirae Asset Nifty EV and New Age Automotive ETF?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Mirae Asset Nifty EV and New Age Automotive ETF?
- According to its Scheme Summary Document, Mirae Asset Nifty EV and New Age Automotive ETF is managed by Ekta Gala (since 10 Jul 2024), amp (since 25 Mar 2026), Vishal Singh (since 25 Mar 2026).
- What is the minimum investment in Mirae Asset Nifty EV and New Age Automotive ETF?
- The minimum application amount is On exchange in multiple of 1 unit. With AMC: In multiples of 1,50,000 units.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 23 Oct 2026. Category medians use ETFs in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.