Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty500 Multicap 50 25 25 ETF

Holds 499 companies worth ₹87.7 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹88.1 CrMirae Asset Nifty500 Multicap 50 25 25 ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 0.1% on Aug 2026, ₹88.2 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 4.2% of this scheme's NAV.

  • Fund manager

    Ritesh PatelRuns it since 12 Mar 2025, as the fund house dates it. With Sudip Shere (fund manager).

Overview(4 Oct 2026)

Fund managers2

  1. Ritesh PatelFund manager · Mar 2025 · 14y
  2. Sudip ShereFund manager · Oct 2026 · 9y · PGDM
  1. Ekta GalaJul 2024 – Oct 2026
  2. Vishal SinghJul 2024 – Mar 2025

Key facts

Benchmark
Nifty500 Multicap 50:25:25 Total Return Index
Risk
Very High
Expense
Regular 0.24% · Direct 0%
Exit load
Nil
Started
30 Jul 2024
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 6,00,000 units

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

What changed(11 changes)

Oct 2026

3 changes
  1. Sudip Shere joined
    9 Octas fund manager
  2. Ekta Gala left
    9 Octran it as fund manager from Jul 2024
  3. Expense ratio
    4 OctRegular 0.26% → 0.24%

Jul 2026

1 change
  1. Expense ratio
    29 JulRegular 0.15% → 0.26%

Nov 2025

1 change
  1. Expense ratio
    30 NovRegular 0.16% → 0.15%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Jul 2024 – now)

  1. Ritesh Patel
  2. Sudip Shere
  3. Ekta Gala
  4. Vishal Singh
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 – Oct 2026)

Every change to the expense ratio, newest first.
7 changesRegularDirectΔ pt
4 Oct 20260.24%0.00%0
29 Jul 20260.26%0.00%0
30 Nov 20250.15%0.00%0
22 Sept 20250.16%0.00%0
24 Jun 20250.15%0.00%0
17 Oct 20240.16%0.00%0
17 Sept 20240.18%0.00%–
Direct plan, 4 Oct 2026
0.00%
Regular plan 0.24% · 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 Nifty500 Multicap 50:25:25 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 Nifty500 Multicap 50:25:25 Total Return Index
Benchmark
Nifty500 Multicap 50:25:25 Total Return Index

Asset allocation it may hold% of NAV

  1. Securities included in the Nifty500 Multicap 50:25:25 Index
    Allowed95–100%

Holds in Sept 2026.99.4% equity · 0.6% debt and cash

How to invest(4 Oct 2026)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 6,00,000 units
Most
Any Amount

Selling and switching

Scheme details(4 Oct 2026)

What it is

Category
Other ETFs
Offer
12 Aug 2024 to 26 Aug 2024
Started
30 Jul 2024
Reopened
2 Sept 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/24/02/0066