Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty EV and New Age Automotive ETF

Holds 37 companies worth ₹165 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹165 CrMirae Asset Nifty EV and New Age Automotive ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 8.7% on Aug 2026, ₹181 Cr.

  • Largest holding

    MARUTI SUZUKI INDA LIMITEDMARUTI SUZUKI INDA LIMITED is 8.1% of this scheme's NAV.

  • Fund manager

    Vishal SinghRuns it since 25 Mar 2026, as the fund house dates it. With Ritesh Patel (fund manager).

Overview(27 Mar 2026)

Fund managers2

  1. Vishal SinghFund manager · Mar 2026 · 9y · B.Com
  2. Ritesh PatelFund manager · Oct 2026 · 14y
  1. Ekta GalaJul 2024 – Oct 2026
  2. Akshay UdeshiJul 2024 – Mar 2026

Key facts

Benchmark
Nifty EV and New Age Automotive Total Return Index
Risk
Very High
Expense
Regular 0.41% · Direct 0%
Exit load
Nil
Started
10 Jul 2024
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 1,50,000 units

Source.Its Scheme Summary Document as of 27 Mar 2026 at AMFI.

What changed(10 changes)

Oct 2026

2 changes
  1. Ritesh Patel joined
    9 Octas fund manager
  2. Ekta Gala left
    9 Octran it as fund manager from Jul 2024

Mar 2026

2 changes
  1. Vishal Singh joined
    26 Maras fund manager
  2. Akshay Udeshi left
    26 Marran it as co-manager from Jul 2024

Jan 2026

1 change
  1. Expense ratio
    29 JanRegular 0.39% → 0.41%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Jul 2024 – now)

  1. Vishal Singh
  2. Ritesh Patel
  3. Ekta Gala
  4. Akshay Udeshi
MainCoSlice20252026
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(Sept 2024 – Mar 2026)

Every change to the expense ratio, newest first.
7 changesRegularDirectΔ pt
29 Jan 20260.41%0.00%0
24 Jun 20250.39%0.00%0
21 Apr 20250.45%0.00%0
17 Jan 20250.46%0.00%0
19 Nov 20240.45%0.00%0
17 Oct 20240.41%0.00%–
2 Sept 20240.40%––
Direct plan, 29 Jan 2026
0.00%
Regular plan 0.41% · 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(27 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.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended scheme replicating/tracking Nifty EV and New Age Automotive Total Return Index
Benchmark
Nifty EV and New Age Automotive Total Return Index

Asset allocation it may hold% of NAV

  1. Index
    Allowed95–100%

Holds in Sept 2026.100.0% equity

How to invest(27 Mar 2026)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 1,50,000 units
Most
Any Amount

Selling and switching

Scheme details(27 Mar 2026)

What it is

Category
Other ETFs
Offer
24 Jun 2024 to 4 Jul 2024
Started
10 Jul 2024
Reopened
11 Jul 2024
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/OET/24/06/0065