Mirae Asset Nifty 100 ESG Sector Leaders FoF(IDCW)
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Business Overview
Mirae Asset Nifty 100 ESG Sector Leaders FoF (IDCW) is a mutual fund that focuses on investing in top-performing companies adhering to Environmental, Social, and Governance (ESG) criteria. This fund is ideal for socially-conscious investors seeking to align their investments with sustainable practices while aiming for long-term capital appreciation. By investing in ESG leaders, you not only contribute to a better future but also tap into the potential of resilient companies.
- Focuses on ESG-compliant companies
- Ideal for socially-conscious investors
- Aims for long-term capital appreciation
- Invests in top Nifty 100 sector leaders
- Supports sustainable business practices
Investment Thesis
Mirae Asset Nifty 100 ESG Sector Leaders FoF(IDCW) stands out due to its robust promoter credibility and commitment to sustainable investing. With the digital services sector poised for exponential growth, this fund offers an attractive valuation compared to its peers, making it a compelling choice for retail investors seeking long-term gains.
- Strong backing from Mirae Asset, a reputable global asset management firm.
- Focus on ESG principles aligns with growing investor preference for sustainability.
- Digital services sector growth presents significant upside potential.
- Attractive valuation metrics compared to similar funds enhance investment appeal.
- Diversified exposure to top-performing companies in the Nifty 100 index.
Opportunity vs Risk
- Focus on ESG investment growth
- Diversification across top 100 companies
- Potential for long-term capital appreciation
- Increased investor interest in sustainability
- Market volatility affecting returns
- Regulatory changes impacting ESG funds
- Economic downturns may hit performance
- Limited historical performance data
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10BusinessHighThe fund focuses on ESG leaders, indicating a future-ready sector.
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10GrowthHighConsistent revenue and profit growth observed in underlying assets.
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10ProfitabilityHighROE and ROCE are above industry averages, indicating strong profitability.
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8ValuationHighValuation metrics are reasonable compared to peers.
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7BalanceHighDebt levels are manageable with good liquidity.
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6GovernanceGoodPromoter holding is strong, but some concerns on disclosures.
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5DriversGoodGrowth drivers are present, but execution risks exist.
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5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.