Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty 200 Alpha 30 ETF

Holds 30 companies worth ₹388 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹388 CrMirae Asset Nifty 200 Alpha 30 ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 8.6% on Aug 2026, ₹425 Cr.

  • Largest holding

    Multi Commodity Exchange of India LimitedMulti Commodity Exchange of India Limited is 5.1% of this scheme's NAV.

  • Fund manager

    Ekta GalaRuns it since 20 Oct 2023, as the fund house dates it. With Akshay Udeshi (fund manager).

Overview(24 Jun 2025)

Fund managers2

  1. Ekta GalaFund manager · Oct 2023 · 9y · B.Com
  2. Akshay UdeshiFund manager · Mar 2025 · 7y · MBA B.E.
  1. Vishal SinghOct 2023 – Mar 2025

Key facts

Benchmark
Nifty 200 Alpha 30 Index
Risk
Very High
Expense
Regular 0.47% · Direct 0%
Exit load
Nil
Started
20 Oct 2023
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 Units

Source.Its Scheme Summary Document as of 24 Jun 2025 at AMFI.

What changed(6 changes)

Jun 2025

1 change
  1. Expense ratio
    24 JunRegular 0.4% → 0.47%

Apr 2025

1 change
  1. Expense ratio
    21 AprRegular 0.39% → 0.4%

Mar 2025

2 changes
  1. Akshay Udeshi joined
    12 Maras fund manager
  2. Vishal Singh left
    12 Marran it as fund manager from Oct 2023

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Oct 2023 – now)

  1. Ekta Gala
  2. Akshay Udeshi
  3. Vishal Singh
MainCoSlice20242025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Nov 2024 – Jun 2025)

Every change to the expense ratio, newest first.
4 changesRegularDirectΔ pt
24 Jun 20250.47%0.00%0
21 Apr 20250.40%0.00%0
27 Feb 20250.39%0.00%0
19 Nov 20240.40%0.00%–
Direct plan, 24 Jun 2025
0.00%
Regular plan 0.47% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(24 Jun 2025)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 200 Alpha 30 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Nifty 200 Alpha 30 Total Return Index
Benchmark
Nifty 200 Alpha 30 Index

Asset allocation it may hold% of NAV

  1. Securities included in the Nifty 200 Alpha 30 Index
    Allowed95–100%

Holds in Sept 2026.100.0% equity

How to invest(24 Jun 2025)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 2,00,000 Units
Most
Any Amount

Selling and switching

Scheme details(24 Jun 2025)

What it is

Category
Other ETFs
Offer
9 Oct 2023 to 18 Oct 2023
Started
20 Oct 2023
Reopened
23 Oct 2023
Plans
Regular Plan - Growth
Face value
₹10
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
Enabled.
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
Auditor
M/s. Chokshi & Chokshi, Chartered Accountants
Registrar
KFIN Technologies Limited
SEBI code
MIRA/O/O/EET/23/09/0057