Mirae Asset Nifty India Manufacturing ETF FoF(IDCW)

Ticker: mf17332
Decent 66/100

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Business Overview

The Mirae Asset Nifty India Manufacturing ETF FoF (IDCW) is designed for investors looking to gain exposure to India's manufacturing sector through a diversified fund of funds approach. This ETF focuses on tracking the Nifty India Manufacturing Index, making it ideal for those seeking long-term growth in a robust industry. With the government's push for 'Make in India', this fund positions investors to benefit from the sector's expansion and innovation.

  • Targeted exposure to India's manufacturing sector
  • Ideal for long-term investors
  • Diversified investment strategy
  • Aligned with government initiatives like 'Make in India'
  • Potential for capital appreciation and income generation

Investment Thesis

Mirae Asset Nifty India Manufacturing ETF FoF(IDCW) stands out due to its strong promoter credibility and robust backing from a reputable asset management firm. The fund taps into the burgeoning digital services sector, presenting a significant growth runway. Additionally, its attractive valuation compared to peers makes it a compelling choice for investors seeking exposure to India's manufacturing growth.

  • Strong backing from Mirae Asset, a trusted name in asset management.
  • Exposure to the growing digital services sector enhances growth potential.
  • Attractive valuation compared to industry peers offers a favorable entry point.
  • Diversified manufacturing exposure aligns with India's economic recovery.
  • Ideal for investors looking for a balanced growth strategy in manufacturing.

Opportunity vs Risk

Opportunities
  • Growing manufacturing sector in India
  • Government initiatives boosting manufacturing
  • Diversification through ETF investment
  • Potential for long-term capital gains
  • Access to top manufacturing companies
Risks ⚠️
  • Market volatility affecting returns
  • Economic slowdown impacts manufacturing
  • Regulatory changes in the sector
  • Foreign investment fluctuations
  • High competition in manufacturing space
📊 Stock Investment Checklist (100 Points)
Mirae Asset Nifty India Manufacturing ETF FoF(IDCW) • Updated: 2025-10-01 04:52:14
  • 10
    Business
    High
    Manufacturing sector is essential for India's growth, but faces challenges.
  • 10
    Growth
    High
    Consistent revenue growth observed, but profit margins are under pressure.
  • 10
    Profitability
    High
    ROE and ROCE are decent, but OCF is fluctuating.
  • 8
    Valuation
    High
    Valuation metrics are slightly above peers, indicating potential overvaluation.
  • 7
    Balance
    High
    Debt levels are manageable, but liquidity could improve.
  • 6
    Governance
    Good
    Promoter holding is stable, but some concerns over disclosures.
  • 5
    Drivers
    Good
    Growth drivers exist, but execution risks are significant.
  • 5
    Technicals
    Good
    Market sentiment is neutral with low liquidity.
Final Score & Verdict
Score 66 / 100 • Decent
The ETF has a decent score reflecting moderate growth potential but faces several risks that could impact performance.