Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty 500 Value 50 ETF

Holds 50 companies worth ₹12.1 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹12.1 CrMirae Asset Nifty 500 Value 50 ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.7% on Aug 2026, ₹12.7 Cr.

  • Largest holding

    Grasim IndustriesGrasim Industries is 5.3% of this scheme's NAV.

  • Fund manager

    Akshay UdeshiRuns it since 23 Mar 2026, as the fund house dates it. With Sudip Shere (fund manager).

Overview(4 Oct 2026)

Fund managers2

  1. Akshay UdeshiFund manager · Mar 2026 · 7y · MBA B.E.
  2. Sudip ShereFund manager · Oct 2026 · 9y · PGDM
  1. Ekta GalaMar 2026 – Oct 2026

Key facts

Benchmark
Nifty 500 Value 50 TRI(Total Return Index)
Risk
Very High
Expense
Regular 1.11% · Direct 0%
Exit load
Nil
Started
20 Mar 2026
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units

Source.Its Scheme Summary Document as of 4 Oct 2026 at AMFI.

What changed(4 changes)

Oct 2026

3 changes
  1. Sudip Shere joined
    9 Octas fund manager
  2. Ekta Gala left
    9 Octran it as fund manager from Mar 2026
  3. Expense ratio
    4 OctRegular 2.19% → 1.11%

Jul 2026

1 change
  1. Expense ratio
    29 JulRegular 0.21% → Regular 2.19% · Direct 0%

Source.Its filings at NSE, since May 2026.

Fund managers over time(Mar 2026 – now)

  1. Akshay Udeshi
  2. Sudip Shere
  3. Ekta Gala
MainCoSlice
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(May 2026 – Oct 2026)

Every change to the expense ratio, newest first.
3 changesRegularDirectΔ pt
4 Oct 20261.11%0.00%0
29 Jul 20262.19%0.00%–
12 May 20260.21%––
Direct plan, 4 Oct 2026
0.00%
Regular plan 1.11% · 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(4 Oct 2026)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 500 Value 50 Total Return Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
n open-ended scheme replicating/tracking Nifty 500 Value 50 Total Return Index)
Benchmark
Nifty 500 Value 50 TRI(Total Return Index)

Asset allocation it may hold% of NAV

  1. Securities included in Nifty 500 Value 50 Index
    Allowed95–100%
  2. Money market instruments* including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds
    Allowed0–5%Holds0.1%

Holds in Sept 2026.99.9% equity · 0.1% debt and cash

How to invest(4 Oct 2026)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units
Most
Any Amount

Selling and switching

Scheme details(4 Oct 2026)

What it is

Category
Other Schemes - Exchange Traded Fund (ETF)
Offer
9 Mar 2026 to 16 Mar 2026
Started
20 Mar 2026
Reopened
23 Mar 2026
Plans
Regular Plan - Growth
Face value
₹10
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
Auditor
M/s. Chokshi & Chokshi
Registrar
KFIN Technologies Limited
SEBI code
MIRA/O/O/EET/25/10/0100