Mirae Asset Nifty Metal ETF
Ticker: METAL
Decent
70/100
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Investing Reference
Price
9.94
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %
Trading Reference
1M Return %
7.400
6M Return %
9.111
1Y Return %
1.636
% Away 52W High
9.054
% Away 52W Low
28.590
Daily Volume
1123097
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 36/100 · 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 Metal ETF is currently trading near a key support level, with the 50-day EMA showing a bullish crossover with the 200-day EMA, indicating potential upward momentum. However, resistance levels are present at recent highs, which could limit upside potential in the short term. Overall, there is a moderate probability of price appreciation in the medium term, contingent on volume supporting the upward movement.
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 Metal ETF is a strategic investment vehicle designed to provide exposure to the performance of the Nifty Metal Index. Ideal for investors seeking to diversify their portfolios with a focus on the metal sector, this ETF offers a convenient way to invest in leading metal companies in India. It matters because it allows investors to tap into the growth potential of the metal industry, which is crucial for infrastructure and economic development.
- Diversified exposure to leading metal stocks
- Cost-effective investment option
- Ideal for long-term wealth creation
- Tracks the Nifty Metal Index performance
- Suitable for both new and seasoned investors
Investment Thesis
Mirae Asset Nifty Metal ETF stands out due to its strong promoter credibility, robust growth potential in digital services, and attractive valuation compared to peers. This ETF offers a strategic opportunity for investors looking to capitalize on the booming metal sector in India.
- Backed by Mirae Asset, a reputable and trusted financial services group.
- Exposure to the growing Indian metal sector, driven by infrastructure and manufacturing demands.
- Digital services are enhancing operational efficiency and investor engagement.
- Valuation metrics indicate it is competitively priced against similar ETFs.
- Ideal for investors seeking diversified exposure to the metal industry.
Opportunity vs Risk
Opportunities
- Exposure to growing metal sector
- Diversification in investment portfolio
- Potential for high returns
- Rising demand for metals
- Government infrastructure spending boost
Risks ⚠️
- Volatility in metal prices
- Global economic slowdown impact
- Regulatory changes affecting sector
- Currency fluctuations risk
- High competition in industry
Peer Perspective
Mirae Asset Nifty Metal ETF trades at a slight premium compared to peers like SBI ETF Nifty Bank and ICICI Prudential Nifty Next 50. A rerating could occur with improved margin stability across the metal sector.
Future Outlook
The Mirae Asset Nifty Metal ETF is well-positioned to benefit from the ongoing recovery in global metal demand, provided that companies maintain strong execution and effective cost control measures.
AI FAQs for Retail Users
- Q: What is Mirae Asset Nifty Metal ETF?A: It is an exchange-traded fund that tracks the Nifty Metal Index, focusing on metal sector stocks.
- Q: How can I invest in this ETF?A: You can buy shares through a stockbroker on the stock exchange, just like individual stocks.
- Q: What are the benefits of investing in this ETF?A: It offers diversification in the metal sector and lower expense ratios compared to mutual funds.
- Q: Is this ETF suitable for long-term investment?A: It can be suitable for long-term investors looking to gain exposure to the metal industry.
- Q: What are the risks associated with this ETF?A: Market volatility and sector-specific risks can affect the ETF's performance.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Nifty Metal ETF • Updated: 2025-09-17 14:44:29
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10BusinessHighThe metal sector is cyclical but has potential due to infrastructure growth.
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10GrowthHighConsistent revenue growth observed in the underlying companies.
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10ProfitabilityHighROE and ROCE are above industry average, indicating good profitability.
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10ValuationHighValuation metrics are in line with peers, suggesting fair pricing.
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8BalanceHighModerate debt levels with reasonable liquidity.
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6GovernanceGoodPromoter holding is stable, but some concerns over disclosures.
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5DriversGoodGrowth drivers include government spending, but execution risks remain.
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4TechnicalsGoodMarket sentiment is mixed, with low liquidity affecting price action.
Final Score & Verdict
Score 70 / 100
• Decent
The Mirae Asset Nifty Metal ETF shows decent potential with a stable outlook, driven by underlying sector growth, but investors should be cautious of cyclical risks.
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: 70/100