Fund Overview
ETF
Mirae Asset Nifty EV and New Age Automotive ETF
Ticker: EVINDIAUnderlying Index: Nifty EV New Age AutomotiveISIN: INF769K01LQ3
32.201.61% (1Y)
End of Day NAV as on Sep 10, 2026
Fundamentals
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 35 Companies |
| Market Cap Focus | Multi / Flexi Cap |
| Std Deviation (1 yr) | 1.15% |
| P/E | 44.09 |
| P/B | 6.99 |
| Div Yield | 0.80% |
| Down from 52w High | 8.10% |
| Up from 52w Low | 22.90% |
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 35 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 44.09 |
| P/B | 6.99 |
| Div Yield | 0.80% |
| Down from 52w High | 8.10% |
| Up from 52w Low | 22.90% |
| Std Deviation (1 yr) | 1.15% |
Fund Parameters
| AUM (Cr) | 174 |
| Base Expense Ratio | 0.35% |
| Tracking Error | 0.01% |
| All-In-Cost | 0.36% |
| Inception Date | 10 Jul 2024 |
| Scheme Option - Type | Growth - Open ended scheme |
| Latest Price | 32.13 |
| NAV Gap | -0.22% |
| 1M Average NAV Gap | -0.07% |
| Daily Volume | 1,56,859 |
| 1M Average Daily Volume | 2,63,369 |
| 1M Average Daily Turnover (Cr) | 0.9 |
Native Score
| AUM (Cr) | 174 |
| Base Expense Ratio | 0.35% |
| Tracking Error | 0.01% |
| All-In-Cost | 0.36% |
| Inception Date | 10 Jul 2024 |
| Scheme Option - Type | Growth - Open ended scheme |
| ETF Market Data | |
| Latest Price | 32.13 |
| NAV Gap | -0.22% |
| 1M Avg NAV Gap | -0.07% |
| Daily Volume | 1,56,859 |
| 1M Avg Daily Volume | 2,63,369 |
| 1M Avg Daily Turnover | 0.9 |
| Native Score | |
Similar Exchange Traded Funds (ETFs)
| Fund Name | ||||||||
|---|---|---|---|---|---|---|---|---|
| 32.12 | 281 | 0.52% | 0.02% | 1 | 0.01% | 0.55% | ||
| 32.14 | 63 | 0.38% | 0.02% | 1 | 0.07% | 0.47% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | 1M ADTO (Cr) | 1M Avg NAV Gap | All-In-Cost | Score |
|---|---|---|---|---|---|---|---|---|
| 32.12 | 281 | 0.52% | 0.02% | 1 | 0.01% | 0.55% | ||
| 32.14 | 63 | 0.38% | 0.02% | 1 | 0.07% | 0.47% |
Similar Index Funds
No similar index funds available for this index
Sectoral Allocation
Total
100%
allocation
- Automobile & Ancillaries71.9%
- Chemicals8.7%
- IT8.4%
- Crude Oil3.8%
- Capital Goods3.6%
- Electricals3.5%
- Others0.1%
- Miscellaneous0.0%
- Automobile & Ancillaries71.9%
- Chemicals8.7%
- IT8.4%
- Crude Oil3.8%
- Capital Goods3.6%
- Electricals3.5%
- Others0.1%
- Miscellaneous0.0%
Fund Holdings
| Name | Weight |
|---|
| Mahindra & Mahindra Ltd. | 8.4% |
| Maruti Suzuki India Ltd. | 8.2% |
| Sona BLW Precision Forgings Ltd. | 4.7% |
| Bajaj Auto Ltd. | 4.0% |
| UNO Minda Ltd. | 4.0% |
| Samvardhana Motherson International Ltd. | 4.0% |
| Bosch Ltd. | 3.9% |
| Exide Industries Ltd. | 3.8% |
| Reliance Industries Ltd. | 3.8% |
| CG Power and Industrial Solutions Ltd. | 3.6% |
| KEI Industries Ltd. | 3.5% |
| Gujarat Fluorochemicals Ltd. | 3.4% |
| Eicher Motors Ltd. | 3.4% |
| Himadri Speciality Chemical Ltd. | 3.3% |
| TVS Motor Company Ltd. | 3.2% |
| Schaeffler India Ltd. | 3.1% |
| Tata Motors Ltd. | 2.9% |
| Tata Technologies Ltd. | 2.4% |
| Tata Elxsi Ltd. | 2.4% |
| Tata Motors Passenger Vehicles Ltd. | 2.2% |
| Hero MotoCorp Ltd. | 2.2% |
| Amara Raja Energy & Mobility Ltd. | 2.1% |
| ZF Commercial Vehicle Control Systems India Ltd. | 2.0% |
| Tata Chemicals Ltd. | 2.0% |
| Motherson Sumi Wiring India Ltd. | 1.9% |
| Bharat Forge Ltd. | 1.8% |
| KPIT Technologies Ltd. | 1.8% |
| L&T Technology Services Ltd. | 1.8% |
| Ashok Leyland Ltd. | 1.5% |
| Minda Corporation Ltd. | 1.0% |
| Hyundai Motor India Ltd. | 1.0% |
| Tube Investments of India Ltd. | 0.9% |
| Ather Energy Ltd. | 0.8% |
| OLA Electric Mobility Ltd. | 0.3% |
| Force Motors Ltd. | 0.3% |
| Olectra Greentech Ltd. | 0.2% |
| Net Current Asset | 0.1% |
| Jupiter Wagons Ltd. | 0.1% |
| JBM Auto Ltd. | 0.1% |
| Tri-Party Repo (TREPS) | 0.0% |
NameWeight
Mahindra & Mahindra Ltd.8.4%
Maruti Suzuki India Ltd.8.2%
Sona BLW Precision Forgings Ltd.4.7%
Bajaj Auto Ltd.4.0%
UNO Minda Ltd.4.0%
Samvardhana Motherson International Ltd.4.0%
Bosch Ltd.3.9%
Exide Industries Ltd.3.8%
Reliance Industries Ltd.3.8%
CG Power and Industrial Solutions Ltd.3.6%
KEI Industries Ltd.3.5%
Gujarat Fluorochemicals Ltd.3.4%
Eicher Motors Ltd.3.4%
Himadri Speciality Chemical Ltd.3.3%
TVS Motor Company Ltd.3.2%
Schaeffler India Ltd.3.1%
Tata Motors Ltd.2.9%
Tata Technologies Ltd.2.4%
Tata Elxsi Ltd.2.4%
Tata Motors Passenger Vehicles Ltd.2.2%
Hero MotoCorp Ltd.2.2%
Amara Raja Energy & Mobility Ltd.2.1%
ZF Commercial Vehicle Control Systems India Ltd.2.0%
Tata Chemicals Ltd.2.0%
Motherson Sumi Wiring India Ltd.1.9%
Bharat Forge Ltd.1.8%
KPIT Technologies Ltd.1.8%
L&T Technology Services Ltd.1.8%
Ashok Leyland Ltd.1.5%
Minda Corporation Ltd.1.0%
Hyundai Motor India Ltd.1.0%
Tube Investments of India Ltd.0.9%
Ather Energy Ltd.0.8%
OLA Electric Mobility Ltd.0.3%
Force Motors Ltd.0.3%
Olectra Greentech Ltd.0.2%
Net Current Asset0.1%
Jupiter Wagons Ltd.0.1%
JBM Auto Ltd.0.1%
Tri-Party Repo (TREPS)0.0%
Holdings Concentration
Total covered: 100%
Top 1–5
5 holdings
29.3%
29%
share
Top 6–10
5 holdings
19.0%
19%
share
Top 11–20
10 holdings
29.7%
30%
share
Beyond 20
20 holdings
22.0%
22%
share
Market Cap Classification
Total
100%
allocation
- Large Cap44.6%
- Mid Cap30.9%
- Small Cap24.4%
- Large Cap44.6%
- Mid Cap30.9%
- Small Cap24.4%
Advanced Ratios
| Alpha | -0.00 |
| Beta | 1.00 |
| Sharpe Ratio | 0.05 |
| Sortino Ratio | 0.09 |
| Treynor Ratio | 0.06 |
| Information Ratio | -0.06 |
| Upside Capture | 99.79% |
| Downside Capture | 99.99% |
Index Methodology
| Factor Basis | Sector/Theme |
| What universe selected from? | Nifty 500 AND companies that are involved in the manufacturing of: 1) 2Q/3W/4W/PV/CV Electric and New Age Automotive Vehicles, 2) Batteries for Electric and New age automotive Vehicles, 3) Components for Electric and New Age Automotive Vehicle batteries, 4) Raw Material for Electrric and New Age Automotive Vehicles/batteries/cpomponents, 5)Advanced automotive technology for electric and new age automotive vehicles, 6) Companies part of PLI for Advanced Automotive and ACC Batteries, FAME, Society of Manufatcturers of Electric Vehicles; 1 - Group A, 2- Group B, 3, 4, 5 -Group C, 6 - Group D |
| Weightage? | Free-Float Market Cap Weighting; Max weight of constituents in Group A = 8%, Max weight of other constituents = 4%; Group A Cap =40% |
| Stocks Included | All stocks part of Group A & B, top 5 stocks from group C.1C.2,C.3 each based on Free Float MARKET Capitalization (6-month average), Top 5 stocks from Group D based on Free Float Market Capitalization (6-month average) |
| Exclusions | Constituents moving out of the Nifty 500 and currently are part of the Nifty EV and New Age Auotmotive Index to be excluded; Constituents with Corporate Actions (Scheme of Arrangement, Delisting); Constituent moved to BZ Series; |
| Factor Basis | Sector/Theme |
| Universe | Nifty 500 AND companies that are involved in the manufacturing of: 1) 2Q/3W/4W/PV/CV Electric and New Age Automotive Vehicles, 2) Batteries for Electric and New age automotive Vehicles, 3) Components for Electric and New Age Automotive Vehicle batteries, 4) Raw Material for Electrric and New Age Automotive Vehicles/batteries/cpomponents, 5)Advanced automotive technology for electric and new age automotive vehicles, 6) Companies part of PLI for Advanced Automotive and ACC Batteries, FAME, Society of Manufatcturers of Electric Vehicles; 1 - Group A, 2- Group B, 3, 4, 5 -Group C, 6 - Group D |
| Weightage | Free-Float Market Cap Weighting; Max weight of constituents in Group A = 8%, Max weight of other constituents = 4%; Group A Cap =40% |
| Stocks Included | All stocks part of Group A & B, top 5 stocks from group C.1C.2,C.3 each based on Free Float MARKET Capitalization (6-month average), Top 5 stocks from Group D based on Free Float Market Capitalization (6-month average) |
| Exclusions | Constituents moving out of the Nifty 500 and currently are part of the Nifty EV and New Age Auotmotive Index to be excluded; Constituents with Corporate Actions (Scheme of Arrangement, Delisting); Constituent moved to BZ Series; |
Fund • Last updated: 11/09/2026