Mirae Asset Gold ETF
Ticker: GOLDETF
Decent
70/100
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Investing Reference
Price
110.60
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %
Trading Reference
1M Return %
12.683
6M Return %
28.440
1Y Return %
47.604
% Away 52W High
1.193
% Away 52W Low
52.342
Daily Volume
1311941
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Watch
Score 66/100 · Position size: 10%
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 Gold ETF is currently testing a key support level around $X, with resistance at $Y. If it holds above this support, there is a potential upside of approximately 15% towards the resistance level. However, if it breaks below support, a downside risk of about 10% is possible.
Upside Probability: 15% | Downside Probability: 10%
Probability estimates are technical-context statements, not investment advice.
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Business Overview
Mirae Asset Gold ETF is a convenient investment option for those looking to gain exposure to gold without the hassles of physical storage. Ideal for both seasoned investors and newcomers, this ETF allows you to invest in gold in a cost-effective manner. It matters because gold has historically been a safe haven during market volatility, providing stability to your portfolio. With Mirae Asset Gold ETF, you can diversify your investments and hedge against inflation.
- Invest in gold without physical storage hassles
- Ideal for both seasoned and new investors
- Provides stability during market volatility
- Cost-effective way to gain gold exposure
- Diversifies your investment portfolio
- Hedges against inflation risks
Investment Thesis
Mirae Asset Gold ETF stands out due to its strong promoter credibility, positioning it as a trusted investment vehicle in the gold market. The growing digital services sector enhances accessibility for investors. Additionally, its attractive valuation compared to peers presents a compelling opportunity for retail investors seeking diversification in their portfolios.
- Strong backing from Mirae Asset, a reputable financial services group.
- Growing digital services facilitate easy access and investment in gold.
- Attractive valuation compared to other gold ETFs in the market.
- Hedge against inflation and currency fluctuations through gold investment.
- Potential for capital appreciation as gold prices trend upwards.
Opportunity vs Risk
Opportunities
- Gold as a safe-haven asset
- Hedge against inflation
- Diversification in portfolio
- Rising demand for gold
- Easy liquidity for investors
Risks ⚠️
- Market volatility affecting gold prices
- Currency fluctuations impact returns
- Regulatory changes in ETFs
- High expense ratios
- Dependence on global economic conditions
Peer Perspective
Mirae Asset Gold ETF currently trades at a slight premium compared to peers like SBI Gold ETF and HDFC Gold ETF. A stable gold price environment could trigger a rerating, enhancing investor confidence.
Future Outlook
Mirae Asset Gold ETF is well-positioned to benefit from ongoing market volatility and inflation concerns, but successful execution of cost control measures will be crucial for maximizing returns in the evolving economic landscape.
AI FAQs for Retail Users
- Q: What is Mirae Asset Gold ETF?A: It is an exchange-traded fund that invests in gold, providing exposure to gold prices.
- Q: How can I invest in Mirae Asset Gold ETF?A: You can buy it through a stockbroker on the stock exchange, like any other stock.
- Q: What are the benefits of investing in gold ETFs?A: They offer liquidity, diversification, and lower costs compared to physical gold investments.
- Q: Is Mirae Asset Gold ETF suitable for long-term investment?A: It can be part of a diversified portfolio, but consider your investment goals and risk tolerance.
- Q: Are there any risks associated with investing in gold ETFs?A: Yes, risks include market volatility and fluctuations in gold prices, which can affect returns.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Gold ETF • Updated: 2025-09-17 03:40:26
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10BusinessHighGold ETFs are generally considered a stable investment, but the sector lacks a clear moat.
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10GrowthHighGold prices have shown consistent growth, but revenue growth is dependent on market conditions.
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10ProfitabilityHighROE and ROCE are moderate; cash flow is stable but not exceptional.
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10ValuationHighValuation metrics are in line with peers, but not particularly attractive.
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8BalanceHighLow debt levels and good liquidity, but reserves are average.
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7GovernanceHighPromoter holding is decent, but there are concerns about transparency.
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5DriversGoodGrowth drivers are limited; execution risks are moderate.
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3TechnicalsLowMarket sentiment is neutral; liquidity is average.
Final Score & Verdict
Score 70 / 100
• Decent
Mirae Asset Gold ETF presents a decent investment opportunity, primarily driven by the stability of gold as an asset class, though it lacks strong growth catalysts.
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