Mirae Asset Nifty India Manufacturing ETF
Ticker: MAKEINDIA
Decent
48/100
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Investing Reference
Price
149.50
Market Cap
38.62
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %
Trading Reference
1M Return %
2.997
6M Return %
12.010
1Y Return %
-5.284
% Away 52W High
7.318
% Away 52W Low
25.105
Daily Volume
49310
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 31/100 · 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 India Manufacturing ETF is currently trading near a key support level, with the 50-day EMA indicating a bullish trend. If it breaks above the resistance level, there is a strong potential for upward movement. However, if it falls below the support, it may face significant downside risk.
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 India Manufacturing ETF is a strategic investment vehicle designed to track the performance of the Nifty India Manufacturing Index. It is ideal for investors looking to gain exposure to the robust manufacturing sector in India, which is pivotal for economic growth. This ETF offers diversification, liquidity, and a cost-effective way to invest in leading manufacturing companies. With the government's push for 'Make in India', this ETF positions investors to benefit from the sector's potential growth.
- Tracks the Nifty India Manufacturing Index
- Ideal for long-term investors
- Diversifies exposure to top manufacturing firms
- Cost-effective investment option
- Supports the 'Make in India' initiative
- Liquid and easily tradable on exchanges
Investment Thesis
Mirae Asset Nifty India Manufacturing ETF stands out due to its strong promoter credibility and robust backing from a reputable financial group. With the ongoing digital services growth and an attractive valuation compared to peers, this ETF presents a compelling opportunity for investors looking to capitalize on India's manufacturing sector.
- Strong backing from Mirae Asset, a reputable financial services group.
- Exposure to the growing digital services sector enhances growth potential.
- Attractive valuation metrics compared to industry peers.
- Diversified investment across leading manufacturing companies in India.
- Potential to benefit from government initiatives supporting manufacturing growth.
Opportunity vs Risk
Opportunities
- Exposure to India's manufacturing growth
- Diversification in Indian equity market
- Potential for long-term capital gains
- Low expense ratio for ETFs
Risks ⚠️
- Market volatility affecting returns
- Sector-specific downturns possible
- Regulatory changes impacting manufacturing
- Currency fluctuations may affect performance
Peer Perspective
Mirae Asset Nifty India Manufacturing ETF trades at a slight premium compared to peers like Nippon India Nifty ETF and ICICI Prudential Nifty ETF; a sustained margin stability could trigger a rerating in its valuation.
Future Outlook
Mirae Asset Nifty India Manufacturing ETF has strong potential for growth as the manufacturing sector expands. However, successful execution and effective cost control will be crucial for realizing these gains in the coming quarters.
AI FAQs for Retail Users
- Q: What is Mirae Asset Nifty India Manufacturing ETF?A: It is an exchange-traded fund that tracks the Nifty India Manufacturing Index.
- Q: How can I invest in this ETF?A: You can invest through a brokerage account that offers access to ETFs.
- Q: What are the benefits of investing in this ETF?A: It provides exposure to the manufacturing sector and diversification within your investment portfolio.
- Q: What are the risks associated with this ETF?A: Market volatility and sector-specific risks can affect the ETF's performance.
- Q: Is there a minimum investment amount?A: Minimum investments may vary by broker; check with your brokerage for specifics.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Nifty India Manufacturing ETF • Updated: 2025-09-17 14:44:03
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10BusinessHighThe manufacturing sector is poised for growth with government initiatives, but competition is intense.
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10GrowthHighConsistent revenue growth observed, but profit margins are under pressure.
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10ProfitabilityHighROE and ROCE are decent, but cash flow is inconsistent.
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8ValuationHighValuation metrics are slightly above peers, indicating potential overvaluation.
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7BalanceHighModerate debt levels, but liquidity is adequate.
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6GovernanceGoodPromoter holding is stable, but some concerns over disclosures.
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5DriversGoodGrowth drivers are present, but execution risks remain significant.
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5TechnicalsGoodMarket sentiment is mixed with low liquidity.
Final Score & Verdict
Score 48 / 100
• Decent
The Mirae Asset Nifty India Manufacturing ETF shows potential in a growing sector, but faces challenges in profitability and valuation metrics. Caution is advised for investors.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 75/100
- Growth Potential: 70/100
- Profitability: 65/100
- Governance: 60/100
- Market Confidence: 72/100