Mirae Asset Nifty Next 50 ETF
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Investing Reference
Trading Reference
AI Probability Statement
Probability Statement
The Mirae Asset Nifty Next 50 ETF is currently trading near a key support level, with recent volume indicating accumulation. If it breaks above the resistance level identified at the 200-day EMA, there is a potential upside of approximately 15%. However, if it fails to hold the support, a downside risk of about 10% is possible.
Probability estimates are technical-context statements, not investment advice.
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Business Overview
The Mirae Asset Nifty Next 50 ETF is an exchange-traded fund designed for investors seeking exposure to the next tier of Indian companies poised for growth. It tracks the Nifty Next 50 Index, which includes 50 large-cap stocks that are potential future blue chips. This ETF is ideal for those looking to diversify their portfolio and capitalize on emerging market opportunities. With low expense ratios and high liquidity, it offers a cost-effective way to invest in India's dynamic economy.
- Tracks the Nifty Next 50 Index
- Ideal for long-term growth investors
- Low expense ratio for cost-effective investing
- High liquidity for easy trading
- Diversifies exposure to emerging large-cap stocks
Investment Thesis
Mirae Asset Nifty Next 50 ETF stands out due to its strong promoter credibility, robust digital services growth potential, and attractive valuation compared to peers. This ETF offers Indian retail investors a strategic entry into the next tier of Nifty companies, aligning with long-term growth trends.
- Backed by Mirae Asset, a reputable and trusted financial services group.
- Exposure to high-growth companies in the Nifty Next 50 segment.
- Digital services are on the rise, enhancing growth prospects.
- Valuation metrics are favorable compared to similar ETFs.
- Ideal for investors seeking diversified equity exposure with growth potential.
Opportunity vs Risk
- Diversification of investment portfolio
- Exposure to mid-cap growth stocks
- Potential for high returns
- Passive investment strategy
- Low expense ratio
- Market volatility impacts returns
- Limited historical performance data
- Sector concentration risks
- Economic downturn effects
- Regulatory changes in ETFs
Peer Perspective
Mirae Asset Nifty Next 50 ETF trades at a slight premium compared to peers like ICICI Prudential Nifty Next 50 ETF and SBI Nifty Next 50 ETF, with rerating potential hinging on sustained growth momentum and margin stability.
Future Outlook
The Mirae Asset Nifty Next 50 ETF has the potential for growth as it captures emerging market leaders, provided that the fund maintains disciplined execution and cost control in its investment strategy.
AI FAQs for Retail Users
- Q: What is Mirae Asset Nifty Next 50 ETF?A: It is an exchange-traded fund that tracks the Nifty Next 50 index of Indian stocks.
- Q: Who should consider investing in this ETF?A: Investors looking for exposure to mid-cap companies in India may consider this ETF.
- Q: How can I invest in this ETF?A: You can invest through a brokerage account that offers access to Indian stock exchanges.
- Q: What are the risks associated with this ETF?A: Like all investments, it carries market risk, including price fluctuations and potential losses.
- Q: What is the expense ratio of this ETF?A: The expense ratio indicates the fund's operating costs; check the latest factsheet for the current rate.
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10BusinessHighThe ETF tracks the Nifty Next 50 index, which includes companies with strong growth potential.
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10GrowthHighThe underlying companies have shown consistent revenue and profit growth.
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10ProfitabilityHighThe ETF constituents generally exhibit strong ROE and OCF.
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8ValuationHighValuations are reasonable compared to peers, but some stocks are overvalued.
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7BalanceHighThe balance sheet of the underlying companies is generally strong with manageable debt.
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6GovernanceGoodPromoter holding is decent, but some companies have pledging issues.
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5DriversGoodGrowth drivers are present, but execution risks exist in some sectors.
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5TechnicalsGoodMarket sentiment is mixed, with some liquidity concerns.
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