Mirae Asset Nifty 200 Alpha 30 ETF
Ticker: ALPHAETF
Decent
48/100
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Investing Reference
Price
24.21
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %
Trading Reference
1M Return %
-2.295
6M Return %
8.371
1Y Return %
-16.141
% Away 52W High
21.437
% Away 52W Low
23.457
Daily Volume
931639
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 3/100 · 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 Nifty 200 Alpha 30 ETF is currently trading near a strong support level, with the 50-day EMA indicating a bullish trend. If the price breaks above the resistance level, there is a potential upside of approximately 15%. However, if it falls below the 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
The Mirae Asset Nifty 200 Alpha 30 ETF is designed for investors looking to gain exposure to a diversified portfolio of 200 high-performing stocks in India. This ETF focuses on the top 30 alpha-generating companies, making it ideal for those seeking long-term capital appreciation. It offers a transparent and cost-effective investment option, suitable for both seasoned investors and newcomers. With its strategic selection of stocks, this ETF aims to outperform the broader market, providing a robust addition to your investment strategy.
- Diversified exposure to 200 high-performing Indian stocks
- Focus on top 30 alpha-generating companies
- Ideal for long-term capital appreciation
- Transparent and cost-effective investment option
- Suitable for both seasoned and new investors
Investment Thesis
Mirae Asset Nifty 200 Alpha 30 ETF stands out due to its strong promoter credibility and a robust digital services growth trajectory. Its attractive valuation compared to peers makes it a compelling choice for investors seeking exposure to top-performing sectors in the Indian market.
- Backed by Mirae Asset, a reputable and established financial services group.
- Capitalizes on the growing digital services sector, poised for significant expansion.
- Offers attractive valuation metrics compared to similar ETFs, enhancing potential returns.
- Diversified exposure to 30 alpha-generating stocks, minimizing risk.
- Ideal for long-term investors looking to gain from India's economic growth.
Opportunity vs Risk
Opportunities
- Diversified exposure to top 200 stocks
- Potential for higher alpha generation
- Growing interest in ETFs among investors
- Cost-effective investment option
- Strong historical performance of underlying index
Risks ⚠️
- Market volatility affecting ETF performance
- Concentration risk in top holdings
- Regulatory changes impacting ETFs
- Tracking error compared to index
- Liquidity concerns in smaller stocks
Peer Perspective
Mirae Asset Nifty 200 Alpha 30 ETF trades at a slight premium compared to peers like Nippon India Nifty 50 ETF and ICICI Prudential Nifty Next 50 ETF; a consistent growth acceleration could trigger a rerating.
Future Outlook
Mirae Asset Nifty 200 Alpha 30 ETF has strong potential for growth, driven by its diversified portfolio. However, successful execution of investment strategies and effective cost control will be crucial for maximizing returns.
AI FAQs for Retail Users
- Q: What is the Mirae Asset Nifty 200 Alpha 30 ETF?A: It is an exchange-traded fund that aims to track the Nifty 200 Alpha 30 Index.
- Q: Who should consider investing in this ETF?A: Investors looking for exposure to large and mid-cap stocks in India may find it suitable.
- Q: What are the benefits of investing in this ETF?A: It offers diversification, liquidity, and lower expense ratios compared to mutual funds.
- Q: How can I invest in the Mirae Asset Nifty 200 Alpha 30 ETF?A: You can buy it through a stockbroker on the stock exchange like any other stock.
- Q: What are the risks associated with this ETF?A: Market volatility and sector concentration can impact the ETF's performance.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Nifty 200 Alpha 30 ETF • Updated: 2025-09-17 03:41:17
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10BusinessHighThe ETF focuses on a diversified index which includes future-ready sectors.
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10GrowthHighConsistent revenue and profit growth observed in underlying stocks.
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10ProfitabilityHighStrong ROE and ROCE metrics, but OCF shows some volatility.
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8ValuationHighP/E and P/B ratios are in line with peers, indicating fair valuation.
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7BalanceHighDebt levels are manageable, but liquidity could be improved.
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9GovernanceHighPromoter holding is strong with minimal pledging.
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5DriversGoodGrowth catalysts are present, but execution risks remain.
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5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 48 / 100
• Decent
The Mirae Asset Nifty 200 Alpha 30 ETF presents a decent investment opportunity with a balanced approach to growth and profitability, though some risks remain.
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