Fund Overview
ETF

Mirae Asset Nifty Top 20 Equal Weight ETF

Ticker: TOP20Underlying Index: Nifty Top 20 Equal WeightISIN: INF769K01PZ5

8.73
End of Day NAV as on Jul 24, 2026
88.58.99.49.8Dec 2025Mar 2026Jul 2026

Fundamentals

Asset TypeEquity
Underlying Index TypeStrategy Index
No. of Companies20
Market Cap FocusLarge Cap
P/E25.41
P/B5.44
Div Yield1.69%
Down from 52w High12.66%
Up from 52w Low9.07%
Std Deviation (1 yr)1.09%

Fund Parameters

AUM (Cr)12
Base Expense Ratio0.08%
Tracking Error0.01%
All-In-Cost0.09%
Inception Date15 Dec 2025
Scheme Option - TypeGrowth - Open ended scheme
ETF Market Data
Latest Price8.73
NAV Gap0.05%
1M Avg NAV Gap-0.01%
Daily Volume54,931
1M Avg Daily Volume1,31,876
1M Avg Daily Turnover0.1
Native Score

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Sectoral Allocation

Fund Holdings

Market Cap Classification

Advanced Ratios

Alpha-0.00
Beta1.00
Sharpe Ratio-0.12
Sortino Ratio-0.18
Treynor Ratio-0.13
Information Ratio-0.08
Upside Capture99.92%
Downside Capture100.04%

Index Methodology

Factor BasisEqual Weight
UniverseNifty 50
WeightageEqually Weighted; Individual Weight - 1/N, Weights adjusted quarterly.
Stocks IncludedTop 20 stock from the Nifty 50 based on 6-month average FF market cap are selected.
ExclusionsContituents moving out of the Nifty 50 that are currently part of Nifty Top 20 Equal Weight; Constituents with Corporate Actions (Scheme of Arrangement, Delisting); Constituent moved to BZ Series; Smallest index constituent to be excluded if: 1) Non- member stock is eligible, 2) 6-month avg. FF Market Cap is at least 1.5x the smallest index constituent.

Fund • Last updated: 7/26/2026