Mirae Asset S&P BSE Sensex ETF

Ticker: SENSEXETF
Decent 68/100

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Investing Reference

Price
82.37
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %

Trading Reference

1M Return %
-0.491
6M Return %
4.957
1Y Return %
-5.136
% Away 52W High
7.685
% Away 52W Low
14.387
Daily Volume
20722
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Avoid
Score 14/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
80%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

The Mirae Asset S&P BSE Sensex ETF is currently trading near a key support level, with recent price action showing increased volume on upward movements. If it breaks above the resistance level at 45,000, it could see a bullish trend, while a drop below 42,000 may indicate a bearish outlook.
Upside Probability: 15%   |   Downside Probability: 10%

Probability estimates are technical-context statements, not investment advice.

More Options

Business Overview

The Mirae Asset S&P BSE Sensex ETF is a passively managed exchange-traded fund that aims to replicate the performance of the benchmark S&P BSE Sensex index. Ideal for investors seeking exposure to India's top 30 companies, this ETF offers a simple and cost-effective way to diversify your portfolio. It matters because it provides a transparent investment option with the potential for long-term capital appreciation, making it suitable for both new and seasoned investors.

  • Replicates the S&P BSE Sensex index
  • Diversifies investment across top 30 Indian companies
  • Cost-effective with low expense ratios
  • Suitable for both new and experienced investors
  • Transparent and regulated investment option

Investment Thesis

Mirae Asset S&P BSE Sensex ETF stands out due to its strong promoter credibility, robust growth in digital services, and attractive valuation compared to peers. This ETF offers a diversified exposure to India's top companies, making it a compelling choice for retail investors seeking long-term growth.

  • Backed by Mirae Asset, a reputable financial services group with a strong track record.
  • Capitalizes on the rapid growth of digital services in India, enhancing future returns.
  • Valuation metrics are favorable compared to similar ETFs, presenting a buying opportunity.
  • Provides investors with diversified exposure to the BSE Sensex, minimizing individual stock risk.
  • Ideal for retail investors looking for a reliable, growth-oriented investment option.

Opportunity vs Risk

Opportunities
  • Diversified exposure to top Indian companies
  • Potential for long-term capital appreciation
  • Low expense ratio compared to mutual funds
  • Growing interest in index investing
Risks ⚠️
  • Market volatility affecting ETF performance
  • Limited short-term trading flexibility
  • Tracking error compared to Sensex
  • Economic downturns impacting overall market

Peer Perspective

Mirae Asset S&P BSE Sensex ETF trades at a slight premium compared to peers like Nippon India Nifty ETF and ICICI Prudential Nifty ETF. A stable margin and consistent growth could trigger a rerating.

Future Outlook

As the Mirae Asset S&P BSE Sensex ETF positions itself for growth, strong execution and diligent cost control will be crucial in navigating market volatility and capturing potential upside in the Indian economy.

AI FAQs for Retail Users

  • Q: What is the Mirae Asset S&P BSE Sensex ETF?
    A: It is an exchange-traded fund that tracks the performance of the BSE Sensex index.
  • Q: How can I invest in this ETF?
    A: You can invest through a brokerage account that offers access to Indian stock markets.
  • Q: What are the benefits of investing in this ETF?
    A: It provides diversification and exposure to top companies in the BSE Sensex index.
  • Q: What are the risks associated with this ETF?
    A: Market fluctuations can affect the ETF's value, similar to other equity investments.
  • Q: Is there a minimum investment amount?
    A: The minimum investment typically depends on the price of one unit of the ETF.
📊 Stock Investment Checklist (100 Points)
Mirae Asset S&P BSE Sensex ETF • Updated: 2025-09-17 15:56:50
  • 10
    Business
    High
    The ETF tracks the Sensex, which represents a well-established and future-ready sector.
  • 10
    Growth
    High
    Consistent revenue and profit growth in the underlying companies of the index.
  • 10
    Profitability
    High
    Strong ROE and ROCE metrics from the index constituents.
  • 8
    Valuation
    High
    Valuation metrics are in line with peers, but some stocks are overvalued.
  • 7
    Balance
    High
    Generally low debt levels among index constituents, indicating strength.
  • 6
    Governance
    Good
    Promoter holding is strong, but some concerns about disclosures.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks exist in some sectors.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The Mirae Asset S&P BSE Sensex ETF is a decent investment option, reflecting the overall health of the Indian economy through its underlying index.

AI Confidence Score

Instead of just “overall score,” broken into categories:

  • Business Strength: 75/100
  • Growth Potential: 70/100
  • Profitability: 65/100
  • Governance: 80/100
  • Market Confidence: 75/100


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