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exchange traded commodity derivatives

Factsheet, February 2024

1
INDEX

CONTENT PAGE NO
Monthly Equity Market Insight ........................................................................................................................ 3
Monthly Debt Market Insight .......................................................................................................................... 5
How to read a Mutual Fund Factsheet? ......................................................................................................... 7
Tax Reckoner ..................................................................................................................................................... 10
Glossary .............................................................................................................................................................. 13
Fund Facts........................................................................................................................................................... 14
EQUITY FUnDS
Mirae Asset Equity Snapshot........................................................................................................................... 29
Mirae Asset Large Cap Fund............................................................................................................................ 32
Mirae Asset Large & Midcap Fund* (formerly known as Mirae Asset Emerging Bluechip Fund).......... 33
Mirae Asset ELSS Tax Saver Fund* (formerly known as Mirae Asset Tax Saver Fund)............................ 34
Mirae Asset Focused Fund............................................................................................................................... 35
Mirae Asset Midcap Fund................................................................................................................................. 36
Mirae Asset Great Consumer Fund................................................................................................................. 37
Mirae Asset Healthcare Fund........................................................................................................................... 38
Mirae Asset Banking and Financial Services Fund....................................................................................... 39
Mirae Asset Flexi Cap Fund.............................................................................................................................. 40
Mirae Asset Multicap Fund............................................................................................................................... 41
DEBT FUNDS
Mirae Asset Debt Snapshot............................................................................................................................. 42
Mirae Asset Overnight Fund............................................................................................................................ 46
Mirae Asset Liquid Fund* (formerly known as Mirae Asset Cash Management Fund)........................... 47
Mirae Asset Ultra Short Duration Fund.......................................................................................................... 48
Mirae Asset Low Duration Fund* (formerly known as Mirae Asset Savings Fund).................................. 49
Mirae Asset Money Market Fund..................................................................................................................... 50
Mirae Asset Short Duration Fund* (formerly known as Mirae Asset Short Term Fund)......................... 51
Mirae Asset Banking and PSU Fund* (formerly known as Mirae Asset Banking and PSU Debt Fund). 52
Mirae Asset Dynamic Bond Fund.................................................................................................................... 53
Mirae Asset Corporate Bond Fund.................................................................................................................. 54
Mirae Asset Nifty SDL Jun 2027 Index Fund.................................................................................................. 55
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund.................................................... 56
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund.......................................................................... 57
Mirae Asset Nifty SDL June 2028 Index Fund................................................................................................ 58
HYBRID FUNDS
Mirae Asset Hybrid Snapshot........................................................................................................................... 59
Mirae Asset Aggressive Hybrid Fund* (formerly known as Mirae Asset Hybrid Equity Fund)................ 60
Mirae Asset Balanced Advantage Fund........................................................................................................... 61
Mirae Asset Equity Savings Fund..................................................................................................................... 62
Mirae Asset Arbitrage Fund............................................................................................................................... 63
ETFs & Fund of Funds
Mirae Asset Nifty 50 ETF (NSE Symbol : NIFTYETF, BSE Code: 542131).................................................... 64
Mirae Asset Nifty Next 50 ETF (NSE Symbol : NEXT50, BSE Code: 542922).............................................. 65
Mirae Asset Nifty 100 ESG Sector Leaders ETF (NSE Symbol : ESG, BSE Code: 543246)........................ 66
Mirae Asset NYSE FANG+ ETF (NSE Symbol : MAFANG, BSE Code: 543291).............................................. 67
Mirae Asset Nifty Financial Services ETF (NSE Symbol : BFSI, BSE Code: 543323).................................. 68
Mirae Asset S&P 500 TOP 50 ETF (NSE Symbol : MASPTOP50, BSE Code: 543365)................................ 69
Mirae Asset Hang Seng Tech ETF (NSE Symbol : MAHKTECH, BSE Code: 543414)................................... 70
Mirae Asset Nifty India Manufacturing ETF (NSE Symbol : MAKEINDIA, BSE Code: 543454)................... 71
Mirae Asset Nifty Midcap 150 ETF (NSE Symbol : MIDCAPETF, BSE Code: 543481).................................. 72
Mirae Asset Gold ETF (NSE Symbol : GOLDETF, BSE Code: 543781)............................................................ 73
Mirae Asset Nifty 100 Low Volatility 30 ETF (NSE Symbol : LOWVOL, BSE Code: 543858)....................... 74
Mirae Asset Silver ETF (NSE Symbol : SILVRETF, BSE Code: 543922)............................................................ 75
Mirae Asset Nifty Bank ETF (NSE Symbol: BANKETF, BSE Code: 543944).................................................... 76
Mirae Asset S&P BSE Sensex ETF (NSE Symbol : SENSEXETF BSE Code: 543999)...................................... 77
Mirae Asset Nifty 200 Alpha 30 ETF (NSE Symbol : ALPHAETF BSE Code: 544007).................................... 78
Mirae Asset Nifty IT ETF (NSE Symbol : ITETF BSE Code: 544006)................................................................. 79
Mirae Asset Nifty 8-13 yr G-Sec ETF (NSE Symbol : GSEC10YEAR, BSE Code: 543875).............................. 80
Mirae Asset Nifty 1D Rate Liquid ETF (NSE Symbol : LIQUID, BSE Code: 543946)....................................... 81
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund................................................................................. 82
Mirae Asset Equity Allocator Fund of Fund......................................................................................................... 83
Mirae Asset NYSE FANG+ETF Fund of Fund........................................................................................................ 84
Mirae Asset S&P 500 TOP 50 ETF Fund of Fund................................................................................................ 85
Mirae Asset Hang Seng Tech ETF Fund of Fund................................................................................................ 86
Mirae Asset Nifty India Manufacturing ETF Fund of Fund................................................................................ 87
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund...................................................... 88
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund............................................... 89
Fund Performance................................................................................................................................................ 90
IDCW History.......................................................................................................................................................... 100
Disclaimer............................................................................................................................................................... 102
Asset Allocation..................................................................................................................................................... 103
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

2 Mirae Asset Investment Managers (India) Private Limited

Monthly Equity Market Insight
January 2024
EQUITY UPDATE
• After two consecutive months of gains, the Nifty closed almost flat in
January, 2024. The mid-cap. and small-cap. indices continued their winning
streak for the third consecutive month and were up 5% and 7% respectively.
• Sector-wise, oil & gas, PSU and realty gained 13%, 11% and 9% respectively
while Bank, FMCG and metals were down 4%, 3% and 1% respectively.
• Global markets ended mixed. Japan (+8%), Malaysia (+4%) and Russia (+4%)
were the major gainers, while Hong Kong (-9%), Shanghai (-6%) and South
Korea (-6%) were the major losers
Global Macros
• US Fed Reserve keeps interest rates unchanged: The US Federal Reserve
voted to leave interest rates unchanged for the fourth straight meeting,
while indicating it was moving toward future cuts -- but probably not before
May at the earliest.
• Red sea tension risk higher inflation: Around 15 percent of world shipping
traffic transits via the Suez Canal, the shortest route between Europe and
Asia, making it a crucial source of foreign currency for Egypt. Ongoing
tensions in the Red Sea may lead to oil price volatility and elevated shipping
costs. As per Organization of economic corporation and development, the
recent 100% rise in seaborne freight rates could increase import price
inflation across its 38 member countries by nearly 5 percentage points if
they persist.
• Bond yield: The US 10-year bond yield moderated from 4.25% (as on
January 1, 2024) to an 8-month low of 4.14% (on January 12, 2024) before
rising to 4.20% (as on February 1, 2024).
• Crude: Brent crude spot price increased to US$83.06/bbl as on February 1,
2024, from US$75.83/bbl as on January 1, 2024 and future prices increased to
US$78.7/bbl as on February 1, 2024 from US$75.89/bbl on January 1, 2024.
Domestic Macros
• GST Collection: GST revenue collection in the month of December 2023
was at Rs 1.72 lakh crore, up by around 10% on an annual basis. This is the
second highest collection since the inception of the GST. With this, the
monthly GST revenues has remained over Rs 1.5 lakh crore for 11
consecutive months.
• Credit Growth: As per latest RBI data, system credit growth stood at 20.3%
YoY (16% YoY excluding the impact of the HDFC-HDFC Bank merger) for the
fortnight ended January 12, 2024.
• Inflation: December 2023 Consumer Price Index inflation increased less
than expectations to 5.7% (November: 5.6%). Sequentially, headline CPI
inflation contracted by 0.3% (November: +0.5% mom) led by vegetables,
fruits, meat and fish, and spices. December Wholesale Price Index inflation
increased by 0.7% from 0.3% in November 2023.
• Currency: USD-INR appreciated to Rs82.98/US$ (on February 1, 2024) from
Rs83.24/US$ (on January 1, 2024). Overall, in January, 2024 the INR has
appreciated by around 0.2% against the US Dollar.
Regulatory, policy and market developments
• India Budget: Government presented a well balanced budget between
growth and fiscal prudence. The budget focused on a) continued fiscal
consolidation (fiscal deficit budgeted at 5.1% in FY25 v/s 5.8% in FY24 and
4.5% in FY26), b) continued capex push and c) allocation to rural schemes.
This fiscal prudence is commendable in the backdrop of upcoming national
elections and strengthens India’s macroeconomic stability. This budget
being the pre-election budget, as expected, there were no tax related
changes. While, no populist measure was a positive surprise. From the equity
markets point of view, the lower planned borrowing program may help to
cool down yields and in turn support the valuations
• Equity trading trends: FPIs sold US$3.4 bn of Indian equities in the
secondary market, whereas DIIs bought US$3.3 bn
Nifty 3QFY24 Interim Results ‒ In-line driven by cyclicals
• As of 1st Feb’24, 33 companies within Nifty announced their 3QFY24 results.
These companies constitute: a) 74% of the estimated PAT for the Nifty
Universe; b) 77% weightage in the Nifty.
• The earnings growth for 33 Nifty companies stood at 21% yoy which was
fueled by the domestic cyclicals, such as BFSI and Auto. BFSI clocked a 26%
YoY growth, while Auto registered a growth of 40% YoY (in line with our est.
of +40%)
• OMC’s profitability surged to INR120b in 3QFY24 from INR26b in 3QFY23,
owing to strong marketing margins. Ex-OMCs, Nifty’s earnings grew 20% YoY.
Sectoral Summary:
• Technology: The IT Services companies reported relatively healthy
performance despite having seasonality and furlough impact in 3QFY24,
with a median revenue growth of 1.0% QoQ CC.
*FP|- Foreign Portfolio Investment
Please Note - Latest available index values have been taken for calculating movement
and valuation wherever applicable
01 3
• Banks: Earnings growth for private banks was largely in line, while most of
the PSU banks posted a slight earnings beat despite a higher opex due to
wage provisions. Net interest margin security of Public sector undertaking
banks stood resilient, with several of them reporting a sequential expansion
in margins, while private banks continue to see NIM pressure emanating
from the persistent rise in funding costs.
• NBFCs ‒ Lending: Demand momentum in the vehicle segment remained
robust in CV and 2W but was showing signs of moderation in tractors and PV.
• Automobiles: 3QFY24 results thus far have been in line; the growth has
largely been driven by: 1) healthy volume growth, 2) better product mix, 3)
lower commodity costs, and 4) operating leverage. The commodity price
trend is largely expected to remain stable in the coming quarters.
• Consumer: On a broader canvas, the pulse of consumption has been weak;
only some pockets have fared relatively better on volume trajectory, such as
Jewelry. The Staple universe sustained a largely similar demand trend as
witnessed in 2QFY24. Volume improved marginally on a sequential basis,
but the overall revenue growth was muted due to price cuts.
• Oil & Gas: The sector so far has reported mixed results. OMCs witnessed an
earnings decline sequentially amid contraction in GRM and marketing
margins. However, the actual performance (vs. estimates) was a mixed bag.
Gas companies broadly outperformed aided by reasonably stable gas prices.
Outlook
• 2024 outlook for India remains promising: Driven by a resurgence of a
multi-year capex upcycle implies robust 6-7% GDP growth over the next 5-7
years. Potential slowdown in Govt capex in the upcoming budget is not a
worry. India's capex (GFCF) to GDP ratio bottomed out in FY20 and has since
risen by 270bps but is still 500-600bps lower than the previous peak seen
around 2010.
All the three elements of the capex cycle (Housing, Corporate Capex & Govt
Capex) are now firing and hence the potential global slowdown should have
limited impact on India. A combination of a strong pent-up demand for
housing, above average affordability and 12-year low unsold inventory
should drive a multi-year virtuous housing cycle. Ditto for corporate capex
with all-time low D/E ratio for Indian corporate, along with a decade high
capacity utilisation level and well capitalised banking system should drive
corporate capex.
• India stands out on GDP growth outlook: Driven by renewed capex cycle,
well capitalized banking system, robust credit growth, upturn in housing
sector, robust domestic consumption & growing Services exports, India has
been the fastest growing large economy globally over the last 2 years. GDP
has grown at a strong 7.7% in 1HFY24, much ahead of consensus estimates.
The long dormant capex cycle, both in housing and corporate, has just
started picking up and should be a significant growth driver over the
remainder of the decade. IMF estimates India to contribute 7-8% of the
world's incremental GDP over 2024-2028, as the growth momentum
sustains over the next several years. Over the medium term, we continue to
remain constructive on equities and believe India is on the cusp of achieving
robust growth over the next few years.
• And also corporate earnings have been strong: Nifty earnings have risen
at a 21% cagr over FY20-24E, matching pace with the Nifty 50 index rising by
77% during the past 4 years. Earnings outlook is still robust for FY25/CY24
as rising corporate spending and strong bank balance sheets anchor
earnings growth in mid-teen over the medium term. Compared with the
other EMs/major economies, India has shown more robust and consistent
earnings performance. Visibility of India's cyclical upturn, full-blown capex
cycle, robust demand and expected interest rate easing in 2HCY24 gives
confidence in Indian companies to deliver healthy earnings growth next year.
• Key things to watch out are: (a) Newsflow on Indian elections, (b) Oil price
trend, (c) rate trajectory by the central banks and (c) Russia-Ukraine &
Middle-East war impact on global supply chain.
• Valuation and view: Mid/small cap indices have outperformed the Nifty50
by 30-50% in last 1 year and could be due to strong flows in funds focused on
mid/small caps (at a cyclical high). On the other hand large cap stocks have
seen outflows (flows are at a cyclical low). As a result, Mid/Small cap stocks
are trading at a significant premium to largecap. Nifty 50 is at reasonable
valuation of ~20x on FY25 earnings with good earnings growth outlook. In
this context, currently large cap focused funds appear well placed.
• Recommendation: Investors should invest based on their risk profile and
continue allocating via SIPs. We prefer large-cap oriented funds and hence
any fresh allocations can be made in diversified funds like largecap, Flexicap
and Multicap. Hybrid funds, given their flexibility in asset allocation can also
be made part of core portfolio. In thematic funds, financial sector is trading
at attractive valuations and hence can invest in BFSI fund.
Source: Bloomberg, as on 31st January 2024, for all the above data, unless stated otherwise.
MONTHLY EQUITY MARKET INSIGHT
 Chart of the month: Government has continued with its fiscal consolidation plan

10.0 (%) 9.2 Aggressive Fiscal Performance of Global and Regional Indices
9.0 consolidation is Performance (%)
8.0 planned over FY25/26
Name
6.7 1m 3m 6m 1Yr
7.0 6.4
5.8
6.0 5.1
Global and regional indices
5.0 4.1 3.6 4.5
3.9 Brazil (Bovespa) -4.8 12.9 4.8 12.6
4.0 3.5 3.5 3.4
Shanghai (SHCOMP) -5.8 -10.0 -19.9 -22.6
3.0
2.0 Germany (DAX) 0.9 14.1 2.8 11.7
1.0 Hong Kong - HSI -9.2 -9.5 -22.9 -29.1
0.0 Japan (Nikkei) 8.4 17.6 9.4 32.8
FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26
FE FE FE Korea (Kospi) 6.0 9.6 -5.1 3.0
Center Fiscal Deficit (as % of GDP) Russia (MOEX) 3.7 4.1 4.6 44.4
Source: Jefferies, Data as on 1st February, 2024 Future est. UK (FTSE) -1.3 4.2 0.0 0.0
US (Dow Jones) 1.2 15.4 7.3 11.9
Nifty 50 Valuation Chart Source: Kotak Institutional Research, Data as on 31st January, 2024

22.46 Nifty 50 index P/E Ratio Performance in December of Major Indian Indices
40.00 25.63 5 Year Average
35.00 24.04 10 Year Average Major Performance (%)
30.00 Dec 23 Jan 24
indian Indices
25.00 1m 3m 6m 1Yr
20.00
15.00 S&P BSE SENSEX - TRI 1,10,664.15 31939.59 0.02 14.00 10.48 24.35
10.00
5.00 NIFTY 50 - TRI 31,933.93 22495.94 4.74 22.92 26.81 55.19
0.00
Nifty Midcap 150 - TRI 21,478.21 109947.70 -0.65 12.46 8.34 22.10
Dec/13
Jan/14
Dec/14
Jan/15
Dec/15
Jan/16
Dec/16
Jan/17
Dec/17
Jan/18
Dec/18
Jan/19
Dec/19
Jan/20
Dec/20
Jan/21
Dec/21
Jan/22
Dec/22
Jan/23
Dec/23

Source: AceMF, Data as on 31st January, 2024

Values as on 31st January, 2024 Performance of Indian Sector Indices

Performance (%)
Index Movement Last Month Name
1m 3m 6m 1Yr
NSE Sector Indices
110
NIFTY AUTO - TRI 3.27 20.80 22.73 45.41
100 Nifty 50 (TRI) Index
108 NIFTY BANK - TRI -4.75 7.35 0.99 14.09
104 Nifty Midcap 105 (TRI) Index
NIFTY ENERGY - TRI 9.80 37.70 38.06 56.42
106 107 Nifty Small Cap 250 (TRI) Index
NIFTY FMCG - TRI -3.36 7.78 4.98 25.57
104 Nifty Infrastructure - TRI 7.62 29.14 29.29 56.43
NIFTY IT - TRI 3.46 20.27 23.59 25.54
102
NIFTY MEDIA - TRI -9.93 -2.08 4.55 13.68
100 NIFTY METAL - TRI -0.06 23.62 18.25 23.72
NIFTY PHARMA - TRI 6.58 22.20 19.83 46.38
98
NIFTY REALTY - TRI 9.34 42.01 51.21 108.82
96 Source: AceMF, Data as on 31st January, 2024
01-Jan-24
02-Jan-24
03-Jan-24
04-Jan-24
05-Jan-24
08-Jan-24
09-Jan-24
10-Jan-24
11-Jan-24
12-Jan-24
15-Jan-24
16-Jan-24
17-Jan-24
18-Jan-24
19-Jan-24
20-Jan-24
23-Jan-24
24-Jan-24
25-Jan-24
29-Jan-24
30-Jan-24
31-Jan-24

Values as on 31st January, 2024

High Frequency Indicators

Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23
Industry
PMI manufacturing 55.5 54.0 54.9 55.9 54.7 54.6 53.9 56.4 56.2 55.1 55.3 55.7 57.8 55.4 55.3 56.4 57.2 58.7 57.8 57.7 58.6 57.5 55.5 56.0 54.9
Credit growth (industry) 10.0 8.7 9.5 10.2 8.1 8.9 9.6 10.6 11.5 12.5 13.5 13.0 8.6 8.7 7.0 5.7 7.0 6.0 8.1 5.7 6.6 7.1 5.9 6.6
Petroleum products consumption (industrials) (8.0) (0.6) 0.2 (3.4) 20.9 19.5 15.2 13.1 26.0 2.1 8.8 5.2 11.7 3.4 7.5 17.3 (8.8) 14.9 6.9 (1.3) 13.7 12.2 (2.9) (2.1) 10.2
Bitumen consumption (8.6) 18.6 20.2 (1.0) (3.1) 10.8 19.9 (21.6) 1.4 (10.9) (11.0) 52.5 2.7 (18.2) (9.2) 4.3 9.6 17.6 9.5 50.6 58.5 37.5 26.6 (19.6) 10.8
Diesel consumption 1.7 (6.5) (0.7) 6.7 7.8 31.7 23.9 8.1 13.1 13.4 5.6 19.2 6.6 12.7 7.4 1.1 8.6 12.7 3.1 3.8 5.2 3.8 9.3 (3.0) (2.3)
Core infrastructure 4.1 4.0 5.9 4.8 9.5 19.3 13.1 4.8 4.2 8.3 0.7 5.7 8.3 9.7 6.0 4.2 4.3 5.0 8.3 8.5 12.5 9.2 12.0 7.8
IIP mining 2.6 3.0 4.6 3.9 8.4 11.2 7.8 (3.3) (3.9) 5.2 2.6 9.7 10.1 9.0 4.6 6.8 5.1 6.4 7.6 10.7 12.3 11.5 13.1 6.8
IIP manufacturing 0.6 1.9 0.2 1.4 5.6 20.7 12.9 3.1 (0.5) 2.0 (5.8) 6.7 3.6 4.5 5.3 1.2 5.2 5.8 3.1 5.0 9.3 4.9 10.2 1.2
IIP electricity 2.8 0.9 4.5 6.1 11.8 23.5 16.4 2.3 1.4 11.6 1.2 12.7 10.4 12.7 8.2 (1.6) (1.1) 0.9 4.2 8.0 15.3 9.9 20.4 5.8
IIP coal 5.2 8.2 6.6 0.3 30.1 33.5 32.1 11.4 7.7 12.1 3.8 12.3 12.3 13.6 8.5 11.7 9.1 7.2 9.8 14.9 17.9 16.0 18.4 10.9
Railways freight traffic 8.3 11.4 10.9 11.1 17.7 21.0 19.3 17.5 15.7 10.3 0.8 4.3 6.0 6.4 4.7 3.0 (0.6) (2.1) (7.6) (3.5) 2.2 4.2 4.6
Steel production 1.7 6.3 6.0 4.9 3.9 18.0 7.7 10.1 6.6 4.0 2.2 9.0 9.7 (3.7) 14.3 11.6 6.5 15.3 13.8 14.6 16.6 14.6 14.1 18.5 12.9
Services
PMI services 55.5 51.5 51.8 53.6 57.9 58.9 59.2 55.5 57.2 54.3 55.1 56.4 58.5 57.2 59.4 57.8 62.0 61.2 58.5 62.3 60.1 61.0 58.4 56.9 59.0
Credit growth (services) 12.9 8.5 9.0 11.5 11.4 12.9 12.9 16.7 17.3 20.0 22.5 21.3 19.4 21.4 20.7 19.8 21.7 21.4 26.7 23.6 24.8 25.0 23.6 25.4
Airport passenger traffic 52.7 (16.8) (1.3) 36.4 86.8 463.0 247.2 98.2 54.6 50.1 29.8 11.5 14.2 95.8 56.8 21.4 22.2 15.2 18.8 24.7 22.8 18.4 10.8 9.0 8.4
Airport cargo 10.6 2.3 (2.2) 3.5 11.9 73.7 52.6 29.9 8.8 7.7 (1.9) 7.7 (1.3) 8.2 9.8 7.0 6.0 3.6 1.9 5.0 15.3 4.8 11.5 14.0
Foreign tourist arrivals 250.8 112.9 118.4 155.9 399.2 2,043.7 1,349.2 823.4 465.9 376.9 243.2 191.3 204.2 330.8 259.4 132.5 53.7 41.3 24.0 13.6 22.6 17.5 19.8 16.8
Demand
Credit growth (personal loans) 17.4 15.2 14.9 14.8 14.9 16.8 18.5 19.2 19.9 19.9 20.5 19.9 20.4 20.7 20.4 20.6 19.4 19.2 20.9 31.2 30.8 30.3 29.7 30.1
Center's expenditure (net of interest payments) 20.1 25.5 6.6 (9.5) 18.5 28.3 (3.6) (12.5) (5.1) 27.8 67.3 25.5 (30.0) 22.5 (4.7) 9.6 9.7 5.0 22.0 121.6 7.1 (1.5) (22.2) (17.1)
Fuel consumption (retail) 1.3 (4.3) 1.3 6.7 8.4 27.6 17.5 5.4 9.4 9.0 3.6 12.9 5.2 8.7 5.3 1.0 5.3 11.3 3.4 3.7 4.3 4.9 7.2 0.5 (0.9)
Passenger vehicle sales (13.3) (8.1) (6.5) (3.9) (3.8) 234.4 38.6 11.1 21.1 92.0 28.6 28.1 7.2 17.2 11.0 4.5 31.7 13.5 2.0 19.2 27.7 17.7 33.9 21.0 21.7
Two wheeler sales (10.8) (21.1) (27.3) (20.9) 15.4 255.3 24.0 10.2 17.0 13.5 2.3 17.7 3.9 5.0 8.8 9.0 16.5 17.4 1.7 (7.2) 0.6 0.8 20.2 31.3 16.0
Non-oil imports 31.6 23.3 26.6 8.6 14.6 51.6 44.5 34.0 25.0 16.0 0.5 4.8 (4.5) (8.1) (9.6) 0.1 (13.5) (7.0) (10.7) (8.9) 2.0 (11.6) 13.8 (2.7) 3.4

Notes:
(a) Petroleum products consumption comprise naphtha, NGL, LDO, furnace oil, LSHS, etc.
(b) Fuel consumption comprise LPG, kerosene, gasoline and diesel.
Source: CEIC, Kotak Institutional Equities

The above chart shows a heat map for various indicators from December 2021 to December 2023 where greener cells signify
positive movement, and negative as it moves to red.
Source: Bloomberg. All the above data is as on 31st January, unless stated otherwise. Past Performance may or may not be sustained in future. The above is performance of the Index and does not in any manner indicate the
performance of any individual scheme of Mutual Fund.

Past Performance May or May not sustain in future

Disclaimers: The information contained in this document is compiled from third party and publically available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields.
Views expressed by the Fund Manager cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst Mirae Asset
Investment Managers (India) Pvt. Ltd. (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors
or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek
appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after
consultation to the financial consultant to understand the specific legal, tax or financial implications.
Please consult your financial advisor or Mutual Fund Distributor before investing

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
02 4 MONTHLY EQUITY MARKET INSIGHT
Monthly Debt Market Insight
February 2024

DEBT UPDATE Global Macro Indicators

Executive Summary Country
GDP Interest Inflation Unemployment Debt/GDP
Growth Rate Rate Rate Ratio
As we head into 2024, global growth is expected to remain subdued,
given the tight monetary policy and no signals of easing yet, as well as United States 3.3% 5.5% 3.4% 3.7% 129
downside risks from escalating war in the Middle East and a China 1.0% 3.5% -0.3% 5.1% 77.1
weakening Chinese economy. Euro Area 0.0% 4.5% 2.8% 6.4% 90.9
However, the highs of inflation seem to be going down in most Japan -0.7% -0.1% 2.6% 2.4% 263.9
advanced economies, providing relief and without much toll on Germany -0.3% 4.5% 2.9% 5.8% 66.1
labour market and economic activity otherwise. The outlook ahead India 1.7% 6.5% 5.7% 8.7% 86.54
seems more benign than anticipated. The near-term challenge might
United Kingdom -0.1% 5.3% 4.0% 4.2% 97.1
be to calibrate the monetary policy in response to the descending
inflation. France 0.0% 4.5% 3.1% 7.4% 111.8

India might continue to show resilience against the backdrop of a Russia -0.8% 16.0% 7.4% 3.0% 17.2
challenging global environment. This resilience is underpinned by Canada -0.3% 5.0% 3.4% 5.8% 107
strong macroeconomic fundamentals, marked by robust GDP Italy 0.2% 4.5% 0.8% 7.2% 141.7
growth, moderating inflation, strong domestic and foreign Brazil 0.1% 11.3% 4.6% 7.4% 72.87
investments, and a stable Indian rupee.
Australia 0.2% 4.4% 4.1% 3.9% 22.3
Global Macros Source: Trading Economics, Data as on 31st January 2024
The United States (US) Federal Reserve kept the target range for the
federal funds rate at its 23-year high of 5.25% - 5.50% for the first US Treasury Yields
policy meeting of 2024. They removed the language that had
Maturity Dec-23 Jan-24
previously indicated willingness to cut interest rates until target
inflation of 2% is achieved. Though risks to achieving target 2Y 4.25% 4.21%
employment & inflation goals looks like they have moved into better 5Y 3.85% 3.92%
balance since Dec-2023 Federal Open Market Committee (FOMC)
10Y 3.88% 4.02%
meet. The US Fed likely views economic outlook as still uncertain and
is looking for sustainable signs for slowdown in inflation path. 30Y 4.03% 3.88%
Source: Bloomberg, Data as on 31st January 2024
Recent indicators (refer to pointers below) suggest that the US
economy performed better than expected, as indicated by strong
labour market and strong consumption. Spread between 10-year SDL
and 10-year G-sec widens to ~51 bps.
• US Gross Domestic Product (GDP) expanded by 3.3% for Q4
CY2023, led by strong consumer spending, rising exports and 10Y G-sec 10Y SDL
business investments. 7.80%
• US Personal Consumption Expenditure (PCE) rose 2.6% in 7.70%
Dec-2023, while the core PCE rose 2.9%
7.60% 7.65%
• US labour market added 353,000 jobs in Jan-2024, topping
Dec-2023’s upwardly revised gains of 333,000. US Average Hourly 7.50% Borrowing
₹16,000 crore
Earnings grew 4.5% YoY in Jan-2024. 7.40% in weekly auction
of SDLs
• US Unemployment rate held steady at 3.7% in Jan-24, for the third 7.30%
consecutive month. Labour force participation rate also remained 7.32%
stable at 62.5% in Jan-2024. 7.20% 7.12%
Post RBI Monetary
• US Consumer Price Index (CPI) for Dec-23 was slightly higher at 7.10% Policy announcement -
7.14%
Possibility of OMO sales.
3.4% as against 3.1% for Nov-23.
7.00%
• New home sales for Dec-23 was higher at 664k vs 615k for Nov-23. Jul/23 Aug/23 Oct/23 Dec/23 Jan/24
Bank of England (BoE) kept key policy rates at 16-year high of 5.25% Source: Bloomberg, Data as on 31st January 2024. G-sec: Government Securities.
SDL: State Development Loans.
in its first policy meeting of 2024 for the fourth consecutive meeting.
BoE decided to signal the broadest possible hint that next move in
COMMODITY SHEET
interest rates may be downwards after forecasting that inflation
might fall temporarily below 2% by May 2024. However, still warning Change
Commodity Prices Currency/Unit Nov-23 Dec-23 Jan-24
(Nov vs Jan)
that the inflation might rise again amid robust wage growth and
Coal - Australia USD/Metric Ton 127 142 125 -1%
fading impact from lower energy prices. United Kingdom (UK) GDP
Crude - Global Average USD/Barrel 81 76 78 -5%
for Q3 CY2023 reported relatively weaker numbers on a
Crude - Bent USD/Barrel 83 78 80 -4%
quarter-on-quarter (QoQ) basis at -0.1% vs 0% in Q2 CY2023. UK CPI
for Dec-2023 rose slightly to 4.0% vs 3.9% in Dec-2023, ~still above Natural Gas - Global Index 2010- Base year=100 110 94 94 -15%

the target inflation. Natural Gas - Europe USD/mmbtu 14 12 10 -34%

Liquified Natural Gas USD/mmbtu 13 13 14 14%
European Central Bank (ECB) held its key interest rates at a record
high of 4%. They committed toward fighting inflationary pressures. Wheat USD/Metric Ton 284 291 284 0%

ECB President, Christine Lagarde quoted that it was too premature to Maize USD/Metric Ton 211 207 199 -6%
discuss rate cuts. Also, insisting that future decisions may be largely Timber USD/ cubic ton 378 382 382 1%
data dependent. Euro Area got off to a slow start in 2024, showing Aluminium USD/Metric Ton 2202 2182 2193 0%
signs of a relatively weak economy with muted commodity prices Iron Ore USD/Metric Ton 131 137 136 4%
and high interest rates. Euro Area GDP for Q4 CY2023 registered a
Zinc USD/Metric Ton 2544 2502 2515 -1%
0.0% growth on a QoQ basis. Inflation rate in the Euro Area went
Gold USD/ Troy oz 1984 2026 2034 3%
down to 2.8% YoY in Jan-2024 from 2.9% in Dec-2023.
Silver USD/ Troy oz 23 24 23 -2%

Source: World Bank, monthly averages data as on 31st January 2024

5 MONTHLY DEBT MARKET INSIGHT

In a widely expected move, Bank of Japan (BoJ) maintained its key Macroeconomics Dashboard
short-term interest rate at -0.1% in its first policy meeting of 2024. Inflation Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24

Japanese GDP for Q3 CY2023 came in negative at -0.7% QoQ vs CPI

CPI Food
YoY
YoY
5.7
4.2
6.5
6.0
6.4
6.0
5.7
4.8
4.7
3.8
4.3
3.0
4.9
4.5
7.4
11.5
6.8
9.9
5.0
6.6
4.9
6.6
5.6
8.7
5.7
9.5

0.9% in Q2 CY2023, due to uncertainties around elevated inflation,

Core CPI YoY 6.1 6.1 6.1 5.8 5.2 5.1 5.1 4.9 4.8 4.5 4.3 4.1 3.9
WPI YoY 5.0 4.8 3.9 1.4 -0.8 -3.6 -4.2 -1.2 -0.5 -0.1 -0.5 0.3 0.7

cost prices and global economic headwinds. Japanese CPI for

WPI Food YoY 0.9 3.1 2.8 2.3 0.4 -1.5 -1.3 8.3 6.2 1.9 1.1 4.7 5.4
Core WPI YoY 3.7 3.3 2.4 0.9 -0.4 -1.5 -2.1 -1.8 -1.8 -1.1 -0.8 -0.5 (0.6)

Dec-2023 fell to 2.6% from 2.8% for Nov-2023, as prices moderated

Manufacturing PMI 57.8 55.4 55.3 56.4 57.2 58.7 57.8 57.7 58.6 57.5 55.5 56.0 54.9 56.5
Services PMI 58.5 57.2 59.4 57.8 62.0 61.2 58.5 62.3 60.1 61.0 58.4 56.9 59.0 61.8

for food, healthcare, communication and fuel. Core inflation was Source: RBI, MOSPI, Data as on 29 December 2023, Data released in Dec-23 for the month of Nov-23
th

down to 2.3% (lowest in 18 months) in Dec-2023 from 2.5% in

Nov-2023.
Fixed Income - Domestic Yields
Bank of China left its key policy rates unchanged to support an
economic revival. The Chinese economy grew 5.2% YoY in Q4 Money Market Rates 29-Dec-23 31-Jan-24 Change
CY2023 from 4.9% in Q3 CY2023. Chinese CPI remained in the TREPS 6.78% 6.76% -
negative territory at -0.3% in Dec-23 vs -0.5% in Nov-23. With 3 Months CD 7.32% 7.80% ↑
business investment still flat or negative due to the still-falling
property sector, net exports declining, persistent foreign outflows 3 Months CP 7.88% 8.50% ↑
and government spending constrained by shrinking tax and fee 1 Year CD 7.88% 7.95% ↑
revenues, the full burden of delivering China’s growth fell on housing
1 Year CP 8.33% 8.65% ↑
consumption.
3 Months T-Bills 7.00% 7.02% ↑
Gold prices is currently facing downward pressures, suggesting a
potential capping of prices in the near term on the back of strong US 6 Months T-Bills 7.08% 7.18% ↑
dollar, rising Treasury yields and recent Federal reserve policy. Source: Bloomberg

Domestic Macros
Debt Market Rates 29-Dec-23 31-Jan-24 Change
• The Indian Economy, on the other hand, has made a robust start to
2024 in the face of global headwinds and uncertainties. Indian 2 Year G-Sec 7.06% 7.00% ↓
economy expanded by 7.6% in Q3 FY24, higher than the Reserve 3 Years G-sec 7.08% 7.03% ↓
Bank of India (RBI)’s projection of 6.5% growth. Led by stronger 5 Years G-sec 7.13% 7.08% ↓
manufacturing output, as well as more robust business services
activity. 7 Years G-sec 7.14% 7.10% ↓
10 Years G-sec 7.17% 7.14% ↓
• Inflation Rate in India surged to 5.69% in Dec-2023 from 5.55% in
Nov-2023. However, the current inflation rate remains in RBI’s 1 Year AAA 7.91% 7.89% ↓
tolerance band of 2 - 6%. 3 Years AAA 7.78% 7.77% ↓
• India Composite Services Purchasing Managers' Index (PMI), 5 Years AAA 7.79% 7.78% ↓
compiled by S&P Global, climbed to a high of 61.8 in Jan-2024 10 Years AAA 7.76% 7.68% ↓
from 58.5 in Dec-2023. India Manufacturing PMI stood at 56.9 in Source: Bloomberg
Jan-2024, up from 54.9 in Dec-2023.
• India's merchandise trade deficit fell to $19.8 billion in Dec-2023 India Sovereign Yield Curves
from $20.58 million in Nov-23, due to the surge in shipments of
electronic goods, drugs & pharmaceuticals and iron-ore exports. 7.4
• Domestic liquidity continued to remain in deficit with RBI 7.2
supporting the banking system by way of consistent Variable Repo
Rates (VRRs). 7.0

Debt Outlook 6.8

Reserve Bank of India (RBI) has maintained status quo since 6.6
Feb-2023 in view of domestic macroeconomic fundamentals.
6.4
As the overall growth outlook remains strong, RBI may have the 6.2
flexibility to adopt a wait and watch approach before resorting to 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y
rate cuts by adopting a data dependent approach to navigate 31-Jan-24 31-Jan-23
inflation durably back to its stated target of 4%.
As VRRs turned out to be in excess of system requirements,
overnight rates have collapsed to Standing Deposit Facility (SDFs)
levels prompting RBI to announce VRRR (Variable Reverse Repo
Rate) with low levels of participation from the banking system in
view of scheduled statutory payments.
Interim Budget for 2024 has boosted debt market outlook due to lower
than anticipated fiscal deficit as well as reduced gross debt borrowing
and potential foreign flows with inclusion of Indian Government Bond
(IGB) in the JP Morgan Emerging Market Bond Index.

Past Performance May or May not sustain in future, All data as of 31st January 2024
Disclaimers: The information contained in this document is compiled from third party and publicly available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields.
Views expressed herein cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst Mirae Asset Investment Managers
(India) Pvt. Ltd. (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts
no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice
and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant
to understand the specific legal, tax or financial implications.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
6 MONTHLY DEBT MARKET INSIGHT
How to read a
Mutual Fund Factsheet?

Know how your money is managed Basic information

The benefits of investing in mutual funds are well known. However,
buying them on face value is not enough. Investors should know
how their money is managed. They should research as much as
possible on a scheme's strategy, performance, risks involved and
how the money is invested. Many investors shy away from this
exercise as they consider it cumbersome. To make life easy for
investors, mutual funds disclose a fund factsheet which details the
quintessential information required before investing.
The factsheet is a concise document with a plethora of information
about how the fund is managed; it is disclosed on a monthly basis.
This article tries to decode the factsheet and explains how investors
should use it for making investment decisions.
Five things to look out for in mutual fund factsheets
Basic Performance Fund
manager Portfolio
information aspects aspects
details
The factsheet provides all the general information on the funds its
objective or philosophy, options (growth or dividend), plans (direct
and regular), net asset value (NAV) of each plan, minimum
investment amount, systematic features (SIP, SWP, STP) and assets
under management (AUM) data.
It is important to know about the fund's exit load, as it gets deducted
from total gains if the investor exits during a speci c period after
investment. It is a small penalty charged on prevailing NAV to
discourage premature redemption. Different schemes have
different exit loads, while few such as Overnight funds generally
do not have exit load. Some funds have a xed exit load and some
have a tiered structure. For instance, a fund may have nil exit
load if the investor withdraws up to 10% of units per year. For
units more than 10%, it charges 3% for exit before 12 months, 2%
for exit before 24 months, 1% for exit before 36 months and nil
after that.
Investors should look out for the fund's product labeling and
Key
ratios riskometer. Product labeling underlines product suitability for
investors. It tells about ideal investment time frame required to
benefit from the fund and where it invests. Riskometer is a
presentation that helps investors measure the risk associated with
the fund. It presents six levels of risks - low, Low to Moderate,
moderate, moderately High, High and Very High. Since an equity
fund typically has high risk involved, needle of the scale points
towards moderately high /high, suggesting the fund is meant for
investors with a high risk-taking appetite. Examples of equity and
liquid funds are listed below:

Equity Fund
Riskometer
Moder
a
High tely

to te

This product is suitable for investors who are seeking:

w ra
e
M Lo
od

Product Labeling • Growth of capital in the long term

Very
High

• Investment predominantly in equity and equity-related instruments The Benchmark is at Moderately

High Risk

Debt Fund
Riskometer

Moder

This product is suitable for investors who are seeking:

a
High tely

to te
w ra
e
M Lo

• Optimal returns in the short term

od

Product Labeling
Very
High

• Investment in portfolio of short duration money market and

debt instruments The Benchmark is at Low Risk

The data used is for illustration purpose only.

7 MUTUAL FUND FACTSHEET

Performance aspects

Although the past performance does not guarantee future trend, market benchmark. Many fund houses provide graphical
investors can get a broad idea on how a fund may perform in future. representation of calendar year performance of funds along with
This section looks at the fund's performance (lump sum as well as SIP) standard SEBI prescribed performance tables.
across time frames and compares it with the fund's benchmark and a

FUND A BENCHMARK ADDITIONAL BENCHMARK

60% 53%
35% 39%
40% 33% 32% 33%
33%
28% 30%
13% 16% 14% 17%
20% 9% 11% 8% 12% 16%
8% 5% 7% 3%
4% 6% 4%
3% 3%
0%
-4%
-1% -1%
-20%
-20% -24%
-25%
-40%
CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 CY 2018 CY 2019 CY 2020 YTD 2021

The data used is for illustration purpose only.

Performance Report

Period Returns (CAGR %) Value of `10000 invested (in `)

Fund A Scheme Additional Fund A Scheme Additional

Return benchmark* benchmark** Return benchmark* benchmark**

Last 1 year 28.32 22.47 16.88 - - -

Last 3 year 21.81 14.17 9.77 - - -

Last 5 year 19.76 13.08 11.21 - - -

Since Inception 16.63 8.61 7.59 39,891 21,025 19,305

NAV as on 31st March 2020 39.891

Index Value (31st March 2020) Index Value of Nifty 100 TRI is 3991.85 and Index value of S&P BSE Sensex is 29620.50

Date of allotment 4th April, 2008

Scheme Benchmark Nifty 100 TRI

Additional Benchmark **S&P BSE Sensex

The data used is for illustration purpose only.

SIP Performance

SIP Investment Since Inception 7 Years 5 Years 3 Years 1 Year

Total Amount Invested (In `) 1,070,000 840,000 600,000 360,000 120,000

Mkt Value as of 31st March 2020 (In `) 2,613,431 1,603,717 997,343 458,533 136,171

Fund Return (%) 19.26% 18.15% 20.45% 16.38% 26.03%

Benchmark Return (%) (Nifty 100 TRI) 11.87% 11.57% 13.45% 10.96% 21.24%

Add. Benchmark Return (%) (S&P BSE Sensex) 9.95% 9.31% 10.19% 7.02% 16.72%

The data used is for illustration purpose only.

8 MUTUAL FUND FACTSHEET

Fund manager details

In an investment voyage, mutual fund is the ship and fund manager is The factsheet provides information on the manager's experience
the sailor. Success of the voyage depends on the manager's and qualification. You can find out their track record by reviewing the
expertise. Hence, it is imperative to know the fund manager well. performance of all schemes managed by them.

Portfolio aspects

Key portfolio attributes to look for in equity/ hybrid funds

Asset allocation Company and sector allocation

It highlights the exposure to different asset classes - equity, debt and It informs investors about a fund's concentration level in sectors and
cash - in a portfolio. stocks. An aggressive fund manager may have high concentration
among fewer companies and sectors, which may not be appropriate
for investors seeking diversification. Investors should check whether
the fund has taken higher-than-prudent exposure to risker sectors or
low quality stocks.
9.34%
Portfolio Top 10 holdings % Allocation Allocation - Top 10 Sectors
17.76% Equity Shares
Banks 26.51%
HDFC Bank Ltd 7.05%
Auto 7.62%
ICICI Bank Ltd 6.34%
Larsen & Toubro Ltd 3.96% Software 7.46%
72.90%
Induslnd Bank Ltd 3.81% Cons. N-Durables 7.21%
State Bank of India 3.79%
Pharmaceuticals 5.98%
HDFC Ltd 3.72%
Maruti Suzuki India Ltd 3.38% Petrol Products 5.42%
Infosys Ltd 3.17% Const Project 5.26%
Kotak Mahindra Bank Ltd 2.93%
Finance 4.33%
Equity Holdings Debt Holdings ITC Ltd 2.91%
Other Equites 53.77% Transportation 2.93%
Cash & Other Receivables
Equity Holding Total 94.83% Auto Ancillaries 2.75%
Cash & Other Receivables 5.17%
Other Sectors 19.36%
The data used is for illustration purpose only. Total 100.00%
0% 10% 20% 30% 40%

Key portfolio attributes to look for in debt funds

Credit quality profile Instrument break-up

A debt fund's holdings are classified according to its credit ratings
such as AAA, AA+, A1+ (given by credit rating agencies), etc.
Funds with higher exposure to AAA (top rated long-term debt) and
A1+ (top rated short-term debt) have lower credit risk and higher
credit quality.
Conservative investors should check whether the fund manager in
order to boost performance is taking undue exposure to lower rated
debt papers as they typically trade at higher yields but are exposed to
high credit and liquidity risk vis-à-vis top rated papers.
It highlights allocation to various debt instruments such as
commercial papers (CPs), certificate of deposits (CDs), NCDs and
bonds, gilts and cash equivalents.
Investors in shorter maturity debt funds such as liquid, ultra short
term, short- term debt funds should check whether higher proportion
has been allocated to shorter maturity instruments such as CPs and
CDs. As long-term debt instruments such as gilts and bonds are
typically more sensitive to interest rate changes compared with CPs
and CDs, higher exposure to former instruments by liquid or
ultra-short term may result in high risk.

0.62% Cash & Other Receivables Cash & Other Receivables

AAA Corporate Bond
22.68% 22.68%
SOV Treasury Bill
A1+ Certificate of Deposit
46.79%
AA+
46.79%
27.88% 28.50%

The data used is for illustration purpose only. The data used is for illustration purpose only.

9 MUTUAL FUND FACTSHEET

 2023-24
Tax Reckoner
Snapshot of Income Tax rates
specific to Mutual Funds
The Income Tax rates are applicable to financial year 2023-24 as per Finance Act, 2023
Income-tax implications on income with respect to units of Mutual Fund
Type of Investor Resident*** NRI
Withholding tax rate 10%* 20%** or rate as per applicable tax treaty*** (whichever is lower)

* Tax not deductible if income in respect of units of a mutual fund is below Rs. 5,000 in a financial year.
** The base tax is to be further increased by surcharge at the rate of:
• 37% on base tax where income or aggregate of such income exceeds Rs. 5 crore;
• 25% where specified income exceeds Rs. 2 crore but does not exceed Rs. 5 crore;
• 15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore; and
• 10% where income or aggregate of such income exceeds Rs. 50 lakhs but does not exceed Rs. 1 crore.
In case investor is opting for 'New Regime' as mentioned on page 2, the rate of surcharge not to exceed 25%.
Further, "Health and Education Cess" is to be levied at 4% on aggregate of base tax and surcharge.
*** The income distributed by mutual fund to unitholders is unlikely to fall within the definition of dividend under the tax treaty. Given this and the language of the newly inserted provison to section 196A, claiming tax
treaty benefit in respect of income distributed by mutual fund to unitholders for withholding tax purpose may not be possible.
**** As per section 139AA of the Income tax Act, 1961 ('the Act') read with rule 114AAA of the Income-tax Rules, 1962, in the case of a resident person, whose PAN has become inoperative due to PAN
–Aadhaar not being linked on or before 30 June 2023, it shall be deemed that he has not furnished the PAN and tax could be withheld at a higher rate of 20% as per section 206AA of the Act. For linking PAN with
Aadhaar after 30 June 2022, fees of Rs 1,000 thereafter has been prescribed.
CAPITAL GAINS TAXATION
Individual/ HUF $! Domestic Company @! NRI $
Equity Oriented Schemes
● Long Term Capital Gains (units held for more than 12 months) ● Short Term Capital Gains (units held for 12 months or less)
Long term capital gains (Not applicable 10%* 10%* 10%*
for specified mutual fund schemes - Note 2)
Short term capital gains (Including specified 15% 15% 15%
mutual fund schemes - Note 2)
Other Than Equity Oriented Schemes
● Long Term Capital Gains (units held for more than 36 months) ● Short Term Capital Gains (units held for 36 months or less)
Long term capital gains (Not applicable 20%& 20%& Listed - 20%&
for specified mutual fund schemes - Note 1) Unlisted - 10%***
Short term capital gains (Including specified 30% / 25%^^ / 22% ^^^ / 30%^
as per your applicable tax slab
mutual fund schemes - Note 1) 15% ^^^^ #

Tax Deducted at Source (Applicable to NRI Investors)#

$ $
Short term capital gains Long term capital gains
Equity oriented schemes 15% 10*%
Other than equity oriented schemes (except specified mutual fund schemes)
^
30% 10%*** (for unlisted) & 20% (for listed)
&

Specified mutual fund schemes - Note 1

^
30% Not applicable
Note 1 - Capital gains from transfer of units of "specified mutual fund schemes" acquired on or after 1st April 2023 are treated as short term capital gains taxable at applicable slab rates as provided above irrespective of the period of holding of such mutual fund
unit For this purpose, "specified mutual fund" means mutual fund where not more than 35 per cent of its total proceeds is invested in the equity shares of domestic companies.
Note 2 - For "Fund of Fund investing in Domestic Equity ETFs", following provisions of Income Tax Act 1961, may be applicable on this scheme. As per the Section 112A of the Act, this scheme (which invest at least 90% in domestic equity ETF, where such ETF
invest at least 90% in domestic equity shares) falls under the category of "equity oriented fund", however, as per the newly introduced Section 50AA by Finance Act, 2023, any "specified mutual fund", by whatever name called, where not more than 35 percent of
its total proceeds is invested in the equity shares of domestic companies, any gains on transfer / redemption of units if such specified mutual funds acquired on or after 1 April 2023 shall be deemed to be short-term capital gains. A view may be adopted that sale
of this scheme may be classified as "specified mutual fund" under the Act and should be taxable at the rate of 15% (plus applicable surcharge and cess). For further details, clarification and action, please consult your tax advisor.

* Income-tax at the rate of 10% (without indexation benefit and foreign exchange fluctuation) to be levied on long-term capital gains exceeding Rs. 1 lakh provided transfer of such units is subject to Securities
Transaction Tax ('STT').
$ Surcharge to be levied at:
• 37% on base tax where specified income*** exceeds Rs. 5 crore;
• 25% where specified income** exceeds Rs. 2 crore but does not exceed Rs. 5 crore;
• 15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore; and
• 10% where total income exceeds Rs. 50 lakhs but does not exceed Rs. 1 crore.
In case total income includes income by way of dividend on shares and short-term capital gains on units of equity oriented mutual fund schemes and long-term capital gains on mutual fund
schemes, the rate of surcharge on the said type of income not to exceed 15%. In case investor is opting for 'New Regime' as mentioned on page 3, the rate of surcharge not to exceed 25%.
*** Specified income – Total income excluding income by way of dividend on shares and short-term capital gains on units of equity oriented mutual fund schemes and long-term capital gains on mutual fund schemes.
Further, Health and Education Cess to be levied at the rate of 4% on aggregate of base tax and surcharge.
@ Surcharge at 7% on base tax is applicable where total income of domestic corporate unit holders exceeds Rs 1 crore but does not exceed 10 crores and at 12% where total income exceeds 10 crores. However,
surcharge at flat rate of 10 percent to be levied on base tax for the companies opting for lower rate of tax of 22%/15%. Further, "Health and Education Cess" to be levied at the rate of 4% on aggregate of base
tax and surcharge.
# Short term/ long term capital gain tax (along with applicable Surcharge and Health and Education Cess) will be deducted at the time of redemption of units in case of NRI investors. Tax treaty benefit can be claimed
for withholding tax on capitals gains subject to fulfilment of stipulated conditions.
& After providing indexation.
*** Without indexation.
^ Assuming the investor falls into highest tax bracket.
^^ If total turnover or gross receipts in the financial year 2021-22 does not exceed Rs. 400 crores.
^^^ This lower rate is optional and subject to fulfillment of certain conditions as provided in section 115BAA.
^^^^ This lower rate is optional for companies engaged in manufacturing business (set-up & registered on or after 1 October 2019) subject to fulfillment of certain conditions as provided in section 115BAB.

10
 - Further, the domestic companies are subject to minimum alternate tax (except for In case of AOP, consisting of only companies as its members, the rate of surcharge not
those who opt for lower rate of tax of 22%/15%) not specified in above tax rates. to exceed 15%.
- Transfer of units upon consolidation of mutual fund schemes of two or more *Specified income – Total income excluding income by way of dividend on shares and
schemes of equity oriented fund or two or more schemes of a fund other than short term capital gains in case of listed equity shares, equity oriented mutual fund
equity oriented fund in accordance with SEBI (Mutual Funds) Regulations, 1996 is units, units of business trust and long-term capital gains.
exempt from capital gains. 2. Securities Transaction Tax (STT)
- Transfer of units upon consolidation of plans within mutual fund schemes in STT is levied on the value of taxable securities transactions as under:
accordance with SEBI (Mutual Funds) Regulations, 1996 is exempt from capital
gains. Transaction Rates Payable by
- Relaxation to non-residents from deduction of tax at higher rate (except income Purchase/ Sale of equity shares (delivery based) 0.1% Purchaser/Seller
distributed by mutual fund) in the absence of PAN subject to them providing
specified information and documents. Purchase of units of equity oriented mutual fund NIL Purchaser
- Tax to be deducted at twice the applicable rate in case of payments to specified
person (except non-resident not having permanent establishment in India or person Sale of units of equity oriented mutual fund 0.001% Seller
who is not required to furnish the return of income as notified by the Central (delivery based)
Government) who has not furnished the return of income for the assessment Sale of equity shares, units of business trust, units of 0.025% Seller
year relevant to previous year immediately preceding the financial year in which tax equity oriented mutual fund (non-delivery based)
is required to be deducted:
• For which time limit for filing return has expired; and Sale of an option in securities 0.0625% Seller
• The aggregate of tax deducted at source in his case is Rs. 50,000 or more in the Sale of an option in securities, where option is exercised 0.125% Purchaser
said previous year.
- Additionally, if provisions of section 206AA are also applicable then tax to be Sale of an futures in securities 0.0125% Seller
deducted at higher of the two rates provided i.e. rate as per section 206AB or Sale or surrender or redemption of a unit of an equity 0.001% Seller
section 206AA. oriented fund to an insurance company, on maturity or
Total Income Tax Rates
Bonus Stripping: The loss due to sale of original units in the schemes, where bonus partial withdrawal, with respect to unit linked insurance
units are issued, will not be available for set off; if original units are: (A) bought policy issued by such insurance company on or after the
within three months prior to the record date fixed for allotment of bonus units; and first day of February, 2021
(B) sold within nine months after the record date fixed for allotment of bonus units. Sale of units of an equity oriented fund to the Mutual Fund 0.001% Seller
However, the amount of loss so ignored shall be deemed to be the cost of purchase
Sale of unlisted equity shares and units of business trust 0.2% Seller
or acquisition of such unsold bonus units.
under an initial offer
1. Income Tax Rates
Option A (Old Regime) 3. Special rates for non-residents as per domestic provisions
For Individuals, Hindu Undivided Family, Association of (1) The following incomes in the case of non-resident are taxed at
Persons, Body of Individuals and Artificial juridical persons special rates on gross basis:
Total Income Tax Rates Transaction Rates(a)
Up to Rs. 2,50,000 (a) (b) NIL
Dividend 20%
Rs. 2,50,001 to Rs. 5,00,000(d) (e) 5% Interest received on loans given in foreign currency to 20%
Rs. 5,00,001 to Rs. 1,000,000
(d)
20% Indian concern or Government of India (not being interest
Rs. 10,00,001 and above (c)(d) 30% referred to in section 194LB or section 194LC)
(a) In case of a resident individual of the age of 60 years or above Income received in respect of units purchased in foreign 20%
but below 80 years, the basic exemption limit is Rs. 300,000. currency of specified Mutual Funds / UTI
(b) In case of a resident individual of age of 80 years or above, the Royalty or fees for technical services(b) 10%
basic exemption limit is Rs 500,000.
Interest income from a notified infrastructure debt fund, 5%
(c) Rate of surcharge specified loan agreement, specified long term bonds, rupee
• 37% on base tax where specified income exceeds Rs. 5 crore; denominated bonds(c) and business trust
• 25% where specified income* exceeds Rs. 2 crore but does not exceed Rs. 5 crore
• 15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore; and Interest on FCCB, Dividend on GDRs 10%
• 10% where total income exceeds Rs 50 lakhs but does not exceed
(a) These rates will be further increased by applicable surcharge and health and
Rs. 1 crore
education cess.
In case of AOP, consisting of only companies as its members, the rate of surcharge (b) In case the non-resident has a Permanent Establishment (PE) in India and the
not to exceed 15%. royalty / fees for technical services paid is effectively connected with such PE, the
same is taxable at 40% (plus applicable surcharge and health and education cess) on
*Specified income – Total income excluding income by way of dividend on shares and
short term capital gains in case of listed equity shares, equity oriented mutual fund net basis.
units, units of business trust and long-term capital gains. (c) Interest payable to a non-resident in respect of monies borrowed by any Indian
company or business trust from a source outside India by way of issue of rupee
Marginal relief for such person is available. denominated bond during the period 17 September 2018 to 31 March 2019 is exempt
(d) Health and Education cess @ 4% on aggregate of base tax and from tax.
surcharge. (2) Tax on non-resident sportsmen or sports association on specified income @20%
(e) Resident Individuals having total income not exceeding Rs. 500,000 can avail
plus applicable surcharge and health and education cess.
rebate of lower of Rs. 12,500 or actual tax liability whichever is lower.
4. Capital Gains
Option B (New Regime)
For Individuals, Hindu Undivided Family, Association of Persons, Body Transaction Short term Long term capital
of Individuals and Artificial juridical persons capital gains(a) gains(a)(b)
Sale transactions ofequity shares/ unit
Total Income Tax Rates of an equity oriented fund which attract
15% 10%*
Up to Rs. 3,00,000 NIL STT
Rs. 3,00,001 to Rs. 6,00,000 5% Sale transactions of units of specified Slab rates as NA
Rs. 6,00,001 to Rs. 9,00,000 10% mutual fund acquired on or after mentioned below
15% 1st April 2023
Rs. 9,00,001 to Rs. 12,00,000
Rs. 12,00,001 to Rs. 15,00,000 20% Sale transaction other than mentioned above:
Above Rs.15,00,000 30% Individuals (resident and non-residents) Progressive slab rates
20% / 10%(b)(c)
Firms 30%
a) For adopting Option B, most of the deductions/exemptions such as section 80C, 80D,
etc. are to be foregone. However, standard deduction of Rs. 50,000 against salary income Resident companies 30%/25% /22% /15%
(d) (e)
(f)

is proposed to be allowed under Option B. The aforesaid regime is optional. Accordingly, Overseas financial organizations 40% (corporate)
specified in section115AB 10%
persons as mentioned above have the option to be taxed under either of the options. 30% (non corporate)
Option B once exercised can be changed in subsequent years (not applicable for business FIIs 30% 10%
income). Foreign companies other than ones 40% 20% / 10%(c)
(b) Resident individuals having total income not exceeding Rs. 7,00,000 can avail rebate mentioned above
of 25,000 or actual tax liability whichever is lower. Local authority 30% 20% / 10%
(c) Rate of surcharge:
• 25% where specified income* exceeds Rs. 2 crore Co-operative society rates Progressive slab or
• 15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore; and 22%(g) / 15%(h)
• 10% where total income exceeds Rs 50 lakhs but does not exceed Rs. 1 crore.

11
 Income-tax at the rate of 10% to be levied on long-term capital gains exceeding Rs. 1 lakh (without indexation benefit and foreign exchange fluctuation)
(a) These rates will further increase by applicable surcharge & health and education cess.
(b) Income-tax rate of 20% with indexation and 10% without indexation.
(c) Long term capital gains arising to a non-resident from transfer of unlisted securities or shares of a company, not being a company in which the public
are substantially interested, subject to 10 per cent tax (without benefit of indexation and foreign currency fluctuation).
(d) If total turnover or gross receipts in the financial year 2021-22 does not exceed Rs. 400 crores.
(e) This lower rate is optional and subject to fulfillment of certain conditions as provided in section 115BAA.
(f) This lower rate is optional for companies engaged in manufacturing business (set-up & registered on or after 1 October 2019) subject to fulfillment of
certain conditions as provided in section 115BAB.
(g) Co-operative societies have the option to be taxed at progressive slab rates or 22% subject to fulfillment of certain conditions as provided in section
115BAD.
(h) This lower rate is optional for co-operative societies engaged in manufacturing or production business (set-up & registered on or after 1 April 2023)
subject to fulfillment of certain conditions as provided in section 115BAE.
5. Personal Income-tax Scenario

Total Income
Individual 21,150,000 51,150,000
475,000 675,000 825,000 1,000,000 1,500,000 5,650,000 11,150,000
# #
Tax in FY 2023-24
NIL*** 18,200 49,400 85,800 226,200 1,673,100 3,722,550 7,946,250 21,532,290
(Option A)*
Tax in FY 2023-24
NIL*** NIL*** 39,000 62,400 156,000 1,595,880 3,641,820 7,858,500 19,558,500
(Option B) **
Additional Tax burden/
- (18,200) (10,400) (23,400) (70,200) (77,220) (80,730) (87,850) (1,973,790)
(Savings) in Option B
Additional Tax burden/
- (100%) (21.05%) (27.27%) (31.03%) (4.62%) (2.17%) (1.10%) (9.17%)
(Savings) (%) in Option B

Resident senior citizen Total Income

(age of 60 years but
475,000 675,000 825,000 1,000,000 1,500,000 5,650,000 11,150,000 21,150,000 51,150,000
below 80 years) # #
Tax in FY 2023-24
NIL*** 15,600 46,800 83,200 223,600 1,670,240 3,719,560 7,943,000 21,528,728
(Option A) *
Tax in FY 2023-24
NIL*** NIL*** 39,000 62,400 156,000 1,595,880 3,641,820 7,858,500 19,558,500
(Option B) **
Additional Tax burden/
- (15,600) (7,800) (20,800) (67,600) (74,360) (77,740) (84,500) (1,970,228)
(Savings) in Option B
Additional Tax burden/
- (100%) (16.67%) (25.00%) (30.23%) (4.45%) (2.09%) (1.06%) (9.15%)
(Savings) (%) in Option B

Resident senior citizen Total Income

(age 80 years and 21,150,000 51,150,000
475,000 675,000 825,000 1,000,000 1,500,000 5,650,000 11,150,000
above) # #
Tax in FY 2023-24
NIL*** 5,200 36,400 72,800 213,200 1,658,800 3,707,600 7,930,000 21,514,480
(Option A) *
Tax in FY 2023-24
NIL*** NIL*** 39,000 62,400 156,000 1,595,880 3,641,820 7,858,500 19,558,500
(Option B) **
Additional Tax burden/
- (5,200) 2,600 (10,400) (57,200) (62,920) (65,780) (71,500) (1,955,980)
(Savings) in Option B
Additional Tax burden/
- 39.29% 7.14% (14.29%) (26.83%) (3.79%) (1.77%) (0.90%) (9.09%)
(Savings) (%) in Option B

* For the purpose of tax calculation under Option A, ad hoc deduction of INR 150,000 has been claimed. The ad hoc deduction is only illustrative in nature. Basis actual
deduction, the tax amount will vary.
** For purpose of tax calculation under Option B, no exemption/ deductions have been claimed and it has been proposed that enhanced surcharge of 37% should not
apply.
*** NIL tax on account of rebate under section 87A.
# If the said taxable income includes income by way of dividend on shares and short-term capital gains in case of listed equity shares, equity oriented mutual fund units,
units of business trust and long-term capital gains, then enhanced surcharge of 37% and 25% would not be applicable and accordingly effective tax rate would be lower.

Disclaimer: The information set out above is included for general information purposes only and does not constitute legal or tax advice. In view of the individual nature of the tax
consequences, each investor is advised to consult his/her own tax consultant with respect to specific tax implications arising out of their participation in the Scheme. Income Tax benefits
to the mutual fund & to unit holder is in accordance with the prevailing tax laws as certified by the mutual funds tax consultant. Any action taken by you based on the information
contained herein is your responsibility alone. Mirae Asset Mutual Fund will not be liable in any manner for the consequences of such action taken by you. The information contained
herein is not intended as an offer or solicitation for the purchase and sales of any schemes of Mirae Asset Mutual Fund.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

12
GLOSSARY

Average Maturity:

Average Maturity of the securities in scheme.

Beta:

Beta of a portfolio is a number indicating the relation between portfolio returns with that of the market index i.e. it measure the volatility,
or systematic risk, of a portfolio in comparison to the market as a whole.

Indexation Benefit:

l Long Term Capital Gains (holding period of over 3 years) from other than equity oriented and specified mutual funds are taxed at 20%
plus applicable surcharge and cess with the benefit of indexation.

l Government notifies Cost Inflation Index (CII) for each financial year taking into consideration the prevailing inflation levels.

l The cost of acquistion for computation of tax is adjusted for inflation using CII, there by reducing the capital gains from tax perspective.

Macaulay Duration (Duration):

Macaulay Duration (Duration) measures the price volatility of fixed income securities. It is often used in the comparison of interest rate
risk between securities with different coupons and different maturities. It is defined as the weighted average time to cash flows of a bond
where the weights are nothing but the present value of the cash flows themselves. It is expressed in years/days. The duration of a fixed
income security is always shorter than its term to maturity, except in the case of zero coupon securities where they are the same.

Modified Duration:

A formula that expresses the measurable change in the value of a security in response to a change in interest rates. Modified duration of
portfolio can be used to anticipate the change in market value of portfolio for every change in portfolio yield.

Portfolio Turnover Ratio:

Portfolio Turnover Ratio is the percentage of a fund’s holdings that have changed in a given year. This ratio measures the fund’s trading
activity, which is computed by taking the lesser of purchases or sales and dividing by average monthly net assets.

Portfolio Yield (Annualized Portfolio YTM*):

Weighted average yield of the securities in scheme portfolio. *In case of semi annual YTM, it will be annualized.

Risk Free Return:

The theoretical rate of return of an investment with safest (zero risk) investment in a country.

Sharpe Ratio:

Sharpe Ratio is a risk to reward ratio, it measures portfolio returns generated in excess to the investment in risk-free asset, for per unit of
total risk taken. While, positive Sharpe ratio indicates, portfolio compensating investors with excess returns (over risk-free rate) for the
commensurate risk taken; negative Sharpe ratio indicates, investors are better off investing in risk-free assets.

Specified Mutual Fund:

Specified mutual fund” means mutual fund where not more than 35 per cent of its total proceeds is invested in the equity shares of
domestic companies.

Standard Deviation:

A statistical measure that defines expected volatility/risk associated with a portfolio. This explains the variation/deviation from the average
returns delivered by the portfolio. A higher standard deviation means higher volatility (risk) and a lower standard deviation means lower
volatility.

Total Expense Ratio:

Total expenses charged to scheme for the month expressed as a percentage to average monthly net assets.

Tracking Error:

Tracking error indicates how closely the portfolio return is tracking the benchmark Index return. It measures the deviation between portfolio
return and benchmark index return. A lower tracking error indicates portfolio closely tracking benchmark index and higher tracking error
indicates portfolio returns with higher deviation from benchmark index returns.

13 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - EQUITY

Mirae Asset Large Cap Fund Mirae Asset Large & Midcap Mirae Asset ELSS Tax Saver Fund* Mirae Asset Focused Fund
Key Features
Fund* formerly known as Mirae Asset Tax Saver Fund
formerly known as Mirae Asset Emerging
Bluechip Fund

Type of Scheme Large Cap Fund - An open ended Large & Mid Cap Fund - An open ELSS - An open ended equity linked Focused Fund - An open ended
equity scheme predominantly ended equity scheme investing in both saving scheme with a statutory lock in of equity scheme investing in a
investing across large cap stocks large cap and mid cap stocks 3 years and tax benefit maximum of 30 stocks intending to
focus in large cap, mid cap and small cap
category (i.e., Multi-cap)
The investment objective of the The investment objective of the The investment objective of To generate long term capital
Investment Objective scheme is to generate long term scheme is to generate income and the scheme is to generate long- appreciation/income by investing in
capital appreciation by capitalizing on capital appreciation from a portfolio term capital appreciation from a equity & equity related instruments
potential investment opportunities by primarily investing in Indian equities diversified portfolio of predominantly of up to 30 companies. There is no
predominantly investing in equities and equity related securities of large cap equity and equity related instruments. assurance that the investment
of large cap companies. The Scheme and mid cap companies at the time of The Scheme does not guarantee or objective of the Scheme will be
does not guarantee or assure any investment. From time to time, the fund assure any returns. realized.
returns. manager may also seek participation in
other Indian equity and equity related
securities to achieve optimal Portfo-
lio construction. The Scheme does not
guarantee or assure any returns.
Mr. Gaurav Misra Mr. Neelesh Surana Mr. Neelesh Surana Mr. Gaurav Misra
Fund Manager** (since January 31, 2019) and (since inception) and (since inception) (since inception)
Mr. Gaurav Khandelwal Mr. Ankit Jain
(since October 18, 2021) (since January 31, 2019)
Allotment Date 04th April, 2008 09th July, 2010 28th December, 2015 14th May, 2019

Benchmark Index Tier-1 - Nifty 500 (TRI) Tier-1 - Nifty 500 (TRI)
Nifty 100 Index (TRI) Nifty Large Midcap 250 Index (TRI)
Tier-2 - Nifty 200 (TRI) Tier-2 - Nifty 200 (TRI)
`5,000/- and in multiples of 1/- Fresh lumpsum subscription/switch-in `500/- and in multiples of `500/- `5,000/- and in multiples of `1/- there-
thereafter. Minimum Additional to all the Plans & Options of Mirae Asset thereafter after. Minimum Additional Application
Minimum Investment Application Amount: `1,000/- per Emerging Bluechip Fund through any- Amount: `1,000/- per application and in
Amount application and in multiples of `1/- mode including Stock Exchange platform multiples of `1/- thereafter
thereafter has been temporarily suspended with
effect from October 25, 2016
Systematic Investment Monthly and Quarterly: Minimum Fresh Registration through SIP shall be Monthly and Quarterly: Minimum Monthly and Quarterly: Minimum of
Plan (SIP) (Any Date of `500/- (multiples of `1/- allowed for a maximum of up to installment of `500/- and in multiples of `500/- (multiples of `1/- thereafter), min-
SIP is available from thereafter), minimum 5 in case of Monthly `25,000/- through Monthly frequency `500/- thereafter. imum 5 in case of Monthly / Quarterly
/ Quarterly option. cumulatively aggregated across all option.
1st July, 2019)##
available SIP Dates of each month before
the cut off time of 15:00 hours on any
business day. SIP shall not be available
through Quarterly frequency under the
scheme and remains suspended. The
limit of `25,000/- through SIP route
(monthly frequency) shall be aggregated
and applicable at primary holder PAN
level for each new application received.
For further details please refer to no-
tice-cum-addendum no. 49/2023
Monthly and Quarterly: Minimum of
`500/- (multiples of `1/- thereafter),
minimum 5 in case of Monthly / Quarterly
option.
Entry load: NA Entry Load:NA Entry Load:NA
Load Structure Exit load: Exit Load: NIL Exit load: I. For investors who have opted
I. For investors who have opted for SWP under the plan: for SWP under the plan: a) 15% of the
a) 15% of the units allotted (including Switch-in/STP - in) on or before units allotted (including Switch-in/STP -
completion of 365 days from the date of allotment of units: Nil. in) on or before completion of 365 days
b) Any redemption in excess of such limits in the first 365 days from the date of allot- from the date of allotment of units: Nil. b)
ment shall be subject to the following exit load: (Redemption of units would be done on Any redemption in excess of such limits
First In First Out Basis (FIFO): in the first 365 days from the date of al-
-If redeemed within 1 year (365 days) from the date of allotment: 1% lotment shall be subject to the following
-If redeemed after 1 year (365 days) from the date of allotment: NIL exit load: (Redemption of units would be
II. Other Redemptions: For Investors who have not opted for SWP under the plan done on First In First Out Basis (FIFO):
(including Switch out, STP out): -If redeemed within 1 year (365 days)
-If redeemed within 1 year (365 days) from the date of allotment: 1% from the date of allotment: 1%
-If redeemed after 1 year (365 days) from the date of allotment: NIL -If redeemed after 1 year (365 days) from
the date of allotment: NIL
II. Other Redemptions: For Investors who
have not opted for SWP under the plan
(including Switch out, STP out): -If re-
deemed within 1 year (365 days) from the
date of allotment: 1%
-If redeemed after 1 year (365 days) from
the date of allotment: NIL

Plans Available Regular Plan and Direct Plan

Growth Option and IDCW Option (Payout & Re-investment)

Options Available For Mirae Asset Tax Saver Fund only growth and IDCW payout option are available.
Monthly Average AUM
37,764.92 32,723.12 20,660.33 9,123.14
(` Cr.) as on Jan 31, 2024
Monthly Total Expense Regular Plan: 1.53% Regular Plan: 1.56% Regular Plan: 1.58% Regular Plan: 1.74%
Ratio (Including Statutory Direct Plan: 0.54% Direct Plan: 0.62% Direct Plan: 0.59% Direct Plan: 0.56%
Levies) as on Jan 31, 2024
Product Labelling This product is suitable for This product is suitable for This product is suitable for This product is suitable for
investors who are seeking*: investors who are seeking*: investors who are seeking*: investors who are seeking*:
- To generate long term capital - Long term capital appreciation - Growth of capital over long term - To generate long term capital
appreciation / income - Large & Midcap fund investing atleast - Invests predominantly in equity appreciation/income.
- Investment predominantly in 35% in largecap stocks & atleast 35% and equity related instruments: - Investment in a concentrated portfolio
Large Cap companies in midcap stocks ELSS with a 3 year lock in period of equity & equity related instrument of
& tax benefits up to 30 companies across large, mid and
small cap category
Scheme Riskometer Benchmark Riskometer
Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
Mo Lo

Mo Lo
d

d
Veryh

Veryh
Hig

Hig

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

14 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - EQUITY

Mirae Asset Midcap Fund
Key Features
Type of Scheme Midcap Fund - An open ended
equity scheme predominantly
investing in mid cap stocks
The investment objective of the
Investment Objective scheme is to provide long-term capital
appreciation from a portfolio investing
predominantly in Indian equity and
equity related securities of midcap
companies.From time to time, the
fund manager may also participate in
other Indian equities and equity related
securities for optimal portfolio
construction. There is no assurance
that the investment objective of the
Scheme will be realized.
Mirae Asset Great Consumer Fund
Sectoral/Thematic Fund - An open
ended equity scheme following
consumption theme
The investment objective of the
scheme is to generate long term
capital appreciation by investing in a
portfolio of companies/funds that are
likely to benefit either directly or
indirectly from consumption led
demand in India. The Scheme does
not guarantee or assure any returns.
Mirae Asset Healthcare Fund
Sectoral/Thematic Fund - An open
ended equity scheme investing in
healthcare and allied sectors
The investment objective of the
scheme is to seek to generate long
term capital appreciation through
investing in equity and equity related
securities of companies benefitting
directly or indirectly in Healthcare
and allied sectors in India. The
Scheme does not guarantee or
assure any returns.
Mirae Asset Banking and
Financial Services Fund
Sectoral / Thematic Fund - An
open-ended equity scheme
investing in Banking & Financial
Services Sector
The investment objective of
the scheme is to generate long-
term capital appreciation from
a portfolio that is invested
predominantly in equity and
equity related securities of
companies engaged in banking
and financial services sector.
The Scheme does not guarantee
or assure any returns.

Mr. Ankit Jain

Mr. Ankit Jain (since Oct 2016) and Mr. Vrijesh Kasera Mr. Gaurav Kochar
Fund Manager** (since inception) Mr. Siddhant Chhabria (since July 02, 2018) (since December 11, 2020)
(since June 21, 2021)

Allotment Date 29th July, 2019 29th March, 2011 02nd July, 2018 11th December, 2020

Benchmark Index Nifty Financial Services Index

Nifty Midcap 150 (TRI) Nifty India Consumption Index (TRI) S&P BSE Healthcare Index (TRI)
(TRI)
Minimum Investment `5,000/- and in multiples of `1/- thereafter.
Amount Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- thereafter.

Systematic Investment Monthly and Quarterly: Minimum of `500/- (multiples of `1/- thereafter), minimum 5 in case of Monthly / Quarterly option.
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)##
Entry load: NA Entry load: NA Entry load: NA
Load Structure
Exit load: If redeemed within 1 year Exit load: I. For investors who have opted for SWP under the plan: Exit load: If redeemed within 1
(365 days) from the date of allotment: a) 15% of the units allotted (including Switch-in/STP - in) on or before year (365 days) from the date of
1%. If redeemed after 1 year (365 completion of 365 days from the date of allotment: 1%
days) from the date of allotment: NIL allotment of units: Nil. If redeemed after 1 year (365
b) Any redemption in excess of such limits in the first 365 days from the date of days) from the date of allotment:
allotment shall be subject to the NIL
following exit load: (Redemption of units would be done on First In First Out
Basis (FIFO):
-If redeemed within 1 year (365 days) from the date of allotment: 1%
-If redeemed after 1 year (365 days) from the date of allotment: NIL
II. Other Redemptions: For Investors who have not opted for SWP under the
plan (including Switch out, STP out):
-If redeemed within 1 year (365 days) from the date of allotment: 1%
-If redeemed after 1 year (365 days) from the date of allotment: NIL

Plans Available Regular Plan and Direct Plan

Options Available Growth Option and IDCW Option (Payout & Re-investment)

Monthly Average AUM

14,048.86 3,089.22 2,097.01 1,590.48
(` Cr.) as on Jan 31, 2024

Monthly Total Expense Regular Plan: 1.68%
Ratio (Including Statutory Direct Plan: 0.57%
Levies) as on Jan 31, 2024
Product Labelling This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income.
- Investments predominantly in equity
& equity related securities of midcap
companies
Regular Plan: 1.90%
Direct Plan: 0.44%
This product is suitable for
investors who are seeking*:
- Long-term capital appreciation
- Thematic fund investing in equity &
equity related securities of
companies benefitting directly or
indirectly from consumption led
demand in India
Regular Plan: 2.00%
Direct Plan: 0.52%
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation
- Investments in equity and equity
related securities of companies
benefitting directly or indirectly in
Healthcare and allied sector in India
Regular Plan: 2.08%
Direct Plan: 0.60%
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation
- Investments predominantly in
equity and equity related securi-
ties of companies in banking and
financial services sector in india

Scheme Riskometer Benchmark Riskometer

Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
M Lo

M Lo
od

od
Very

Very
High

High

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

15 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - EQUITY

Mirae Asset Flexi Cap Fund Mirae Asset Multicap Fund$

Key Features

Type of Scheme
Investment Objective
Flexi Cap Fund - An open-ended
dynamic equity scheme investing
across large cap, mid cap, small cap
stocks
The investment objective of the
scheme is to provide long-term capital
appreciation from a portfolio invest-
ing predominantly in Indian equity
and equity related instruments across
market capitalization.
However, there is no assurance that the
investment objective of the Scheme
will be realized.
Multi Cap - An open-ended equity
scheme investing across large cap, mid
cap and small cap stocks
The investment objective of the
scheme is to provide long-term capital
appreciation from a portfolio investing
predominantly in Indian equity and eq-
uity related securities of large cap, mid
cap and small cap companies.
However, there is no assurance that the
investment objective of the Scheme
will be realized.

Mr. Vrijesh Kasera Mr. Ankit Jain

Fund Manager** (since Feb 24, 2023) (since Aug 21, 2023)

Allotment Date 24th Feb, 2023 21st Aug, 2023

Benchmark Index Nifty 500 Index (TRI) NIFTY 500 Multicap 50:25:25 TRI
Minimum Investment `5,000/- and in multiples of `1/- thereafter.
Amount Minimum Additional Application Amount: `1,000/- per application and in
multiples of `1/- thereafter.

Systematic Investment
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)##
Load Structure
Monthly and Quarterly: Minimum of `500/- (multiples of `1/- thereafter),
minimum 5 in case of Monthly / Quarterly option.
Entry load: NA
Exit load: If redeemed within 1 year (365 days) from the date of allotment: 1%
of the applicable NAV
If redeemed after 1 year (365 days) from the date of allotment: NIL

Plans Available Regular Plan and Direct Plan

Options Available Growth Option and IDCW Option (Payout & Re-investment)

Monthly Average AUM

1,537.49 2,289.19
(` Cr.) as on Jan 31, 2024

Monthly Total Expense Regular Plan: 2.07% Regular Plan: 1.96%

Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
Direct Plan: 0.58%
This product is suitable for
investors who are seeking*:
- To generate long term appreciation /
income
- Investment in equity and equity
related instruments across market
capitalization spectrum of large cap,
mid cap, small cap companies.
Direct Plan: 0.44%
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation /income
- Investments predominantly in equity
and equity related securities of large
cap / mid cap/ small cap companies.

Scheme Riskometer Benchmark Riskometer

Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
M Lo

M Lo
od

od
Very

Very
High

High

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

$
Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months

*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

##
Pursuant to notice cum addendum no. 69/2023, Minimum Systematic Investment Plan (SIP) Installment amount for certain Schemes has been Changed with effect from January 01, 2024.

**For experience of Fund Managers refer page no. 102

16 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - DEBT

Mirae Asset Overnight Fund
Key Features
Overnight Fund - An open ended debt
scheme investing in overnight securities
Type of Scheme A relatively low interest rate risk and
relatively low credit risk
The investment objective of the scheme
is to generate returns commensurate with
Investment Objective
low risk and providing high level of liquidi-
ty, through investments made primarily in
overnight securities having maturity of 1
business day.
However, there is no assurance or
guarantee that the investment objective of
the Scheme will be achieved. The scheme
does not assure or guarantee any returns.
Mr. Abhishek Iyer
Fund Manager** (since December 28, 2020)
Mirae Asset Liquid Fund*
formerly known as Mirae Asset
Cash Management Fund
Liquid Fund - An open ended Liquid
scheme. A relatively low interest rate risk
and moderate credit risk
The investment objective of the scheme
is to generate consistent returns with
a high level of liquidity in a judicious
portfolio mix comprising of money
market and debt instruments. The
Scheme does not guarantee any returns
Mr. Abhishek Iyer
(since December 28, 2020)
Mirae Asset Ultra Short
Duration Fund
An Open ended ultra-short term debt
scheme investing in instruments such
that the Macaulay duration* of the port-
folio is between 3 months to 6 months
(*please refer to page no.38 of SID)
A relatively low interest rate risk and
moderate credit risk
The investment objective of the scheme
is to generate regular income and
provide liquidity by investing primar-
ily in a portfolio comprising of debt &
money market instruments. There is no
assurance or guarantee that the invest-
ment objective of the scheme will be
realized
Mr. Basant Bafna -
(since January 16, 2023)
Mirae Asset Low Duration Fund*
formerly known as Mirae Asset Savings Fund
Low Duration Fund - An Open ended
low duration Debt Scheme investing in
instruments with Macaulay duration of
the portfolio between 6 months and 12
months (please refer to page no. 37 of
SID) A moderate interest rate risk and
moderate credit risk
The investment objective of the scheme
is to seek to generate returns with a
portfolio comprising of debt and money
market instruments, such that Macaulay
duration of the portfolio is between 6
months - 12 months. The Scheme does
not guarantee any returns
Ms. Kruti Chheta
(since January 16, 2023)

Allotment Date 15th October, 2019 12th January, 2009 07th October, 2020 26th June, 2012

Benchmark Index NIFTY 1D Rate Index NIFTY Liquid Index B-I NIFTY Ultra Short Duration Debt Index B-I NIFTY Low Duration Debt Index B-I

Minimum Investment `5,000/- and in multiples of `1/-thereafter.

Amount Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- thereafter.

Systematic Investment Monthly and Quarterly: `1,000/- (multiples of `1/- thereafter), minimum 5 in case of Monthly / Quarterly option.
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)
Entry Load: NA Entry Load: NA Exit Load: Entry Load: NA Entry Load: NA
Load Structure Exit Load: NIL Exit Load: NIL Exit Load: NIL
Day of Exit load as a % of
redemption / redemption /
switch from the switch
date of proceeds
applicable NAV

Day 1 0.0070%

Day 2 0.0065%

Day 3 0.0060%

Day 4 0.0055%

Day 5 0.0050%

Day 6 0.0045%

Day 7 onwards 0.0000%

Plans Available Regular Plan and Direct Plan Regular Savings Plan and Direct Plan

Options Available Growth Option and IDCW Option (Payout & Re-investment)

Monthly Average AUM

(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
1,406.71 11,365.73 588.30 546.37
Regular Plan: 0.18% Regular Plan: 0.23% Regular Plan: 0.47% Regular Plan: 0.89%
Direct Plan: 0.08% Direct Plan: 0.12% Direct Plan: 0.23% Direct Plan: 0.29%
This product is suitable for This product is suitable for This product is suitable for This product is suitable for
investors who are seeking*: investors who are seeking*: investors who are seeking*: investors who are seeking*:
- Regular income over short term - Optimal returns over short term - Income over a short term - An open low duration debt scheme
that may be in line with the - Investment in a portfolio of short investment horizon - Investment in debt and money market
overnight call rates. duration money market and debt - Investment in debt & money market instruments such that the macaulay
- Investment in overnight securities instruments with residual maturity upto securities with portfolio Macaulay dura- duration of the portfolio is between 6 to
91 days only. tion between 3 months and 6 months 12 months
Scheme Riskometer Scheme Riskometer^^ Scheme Riskometer Scheme Riskometer
Moder Moder Moder Moder
a a a a
High tely High tely High tely High tely

to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo

M Lo

M Lo

M Lo
od

od

od

od
Very

Very

Very

Very
High

High

High

High

Investors understand that their principal Investors understand that their principal Investors understand that their principal Investors understand that their principal
will be at Low Risk will be at Low to Moderate Risk will be at Moderate Risk will be at Moderate Risk
Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer
Moder Moder Moder Moder
a a a a
High tely High tely High tely High tely

to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo
M Lo

M Lo

M Lo
od
od

od

od
Very
Very

Very

Very
High
High

High

High

The Benchmark is at Low Risk The Benchmark is at Moderate Risk The Benchmark is at Moderate Risk The Benchmark is at Moderate Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

^^As per notice cum addendum no. 06/2024 riskometer of the scheme has changed. Please visit the website for more details https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum

*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

17 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - DEBT

Mirae Asset Money Market Fund Mirae Asset Short Duration Fund* Mirae Asset Banking and PSU Mirae Asset Dynamic Bond Fund
Key Features formerly known as Mirae Asset Short Term Fund
Fund*
formerly known as Mirae Asset Banking and PSU
Debt Fund

Short Duration Fund - An open ended Banking and PSU Fund - An open Dynamic Bond Fund - An Open
Money Market Fund - An Open short term debt scheme investing in ended debt scheme predominantly ended dynamic debt scheme
ended debt scheme investing in instruments such that the Macaulay investing in debt instruments of banks, investing across duration. A relatively
money market instruments). A duration* of the portfolio is between 1 Public Sector Undertakings, Public high interest rate risk and relatively
Type of Scheme
relatively low interest rate risk and mod- year to 3 years(please refer to page no. Financial Institutions and Municipal high credit risk
erate credit risk 35 of SID). A relatively high interest rate Bonds. A relatively high interest rate risk
risk and Moderate credit risk and moderate credit risk

The investment objective of the The investment objective of the The objective of the Scheme is to
The investment objective of the
Investment Objective scheme is to seek to generate returns scheme is to generate income / generate optimal returns through
scheme is to generate reasonable
through an actively managed diver- capital appreciation through predom- active management of a
returns with low risk and provide
sified portfolio of debt and money inantly investing in debt and money portfolio of debt and money market
liquidity by investing in money
market instruments with Macaulay market instruments issued by Banks, instruments. However, there is no
market instruments. However, there
duration of the portfolio is between Public Sector Undertakings (PSUs) and assurance that the investment
is no assurance or guarantee that the
1 year to 3 years. However, there is Public Financial Institutions (PFIs) and objective of the Scheme will be
investment objective of the scheme
no assurance that the investment Municipal Bonds.The Scheme does realized and the Scheme does not
will be realized
objective of the Scheme will be real- not guarantee or assure any returns. assure or guarantee any returns
ized and the Scheme does not assure
or guarantee any returns.

Mr. Amit Modani - Mr. Basant Bafna -

(since September 15, 2023) (since January 16, 2023) Mr. Basant Bafna - Mr. Amit Modani -
Fund Manager** Mr. Amit Modani - (since January 16, 2023) (since January 16, 2023)
(since June 30, 2021)

Allotment Date 11th August 2021 16th March, 2018 24th July 2020 24th March, 2017

Benchmark Index Tier-1 - CRISIL Dynamic Bond C-III

Index
NIFTY Money Market Index B-I CRISIL Short Duration Debt B-II Index CRISIL Banking and PSU Debt Index
Tier-2 - Nifty PSU Bond Plus SDL Apr
2027 50:50 Index

Minimum Investment `5,000/- and in multiples of `1/-thereafter.

Amount Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- thereafter.
Systematic Investment Monthly and Quarterly: `1,000/- (multiples of `1/- thereafter), minimum 5 in case of Monthly / Quarterly option.
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)
Entry Load: NA Entry Load: NA Entry Load: NA
Entry Load: NA
Load Structure Exit Load: NIL Exit Load: NIL Exit Load: NIL
Exit Load: NIL

Plans Available Regular Plan and Direct Plan

Options Available
Monthly Average AUM
(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
Growth Option and IDCW Option (Payout & Re-investment)
98.90 346.77 68.76 195.89
Regular Plan: 0.59% Regular Plan: 1.15% Regular Plan: 0.82% Regular Plan: 1.13%
Direct Plan: 0.24% Direct Plan: 0.33% Direct Plan: 0.37% Direct Plan: 0.23%
This product is suitable for This product is suitable for This product is suitable for This product is suitable for
investors who are seeking*: investors who are seeking*: investors who are seeking*: investors who are seeking*:
- Short term savings - Optimal returns over short term - Income over short to medium term - Optimal returns over short to medium
- Investments predominantly in - Investment in an actively - To generate income/ capital term
money market instruments managed diversified portfolio of appreciation through predominantly - To generate optimal returns through
debt and money market instruments investing in debt and money market active management of a portfolio of
including REITs & InvITs instruments issued by Banks, Public debt and money market instruments
Sector Undertakings (PSUs), Public
Financials Institutions (PFIs) and
Municipal Bonds.
Scheme Riskometer^^ Scheme Riskometer Scheme Riskometer Scheme Riskometer
Moder Moder Moder Moder
a a a
High tely High tely High tely a
High tely
to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo

M Lo

M Lo

M Lo
od

od

od

od
Very

Very

Very

Very
High

High

High

High

Investors understand that their principal Investors understand that their principal Investors understand that their principal Investors understand that their principal
will be at Low to Moderate Risk will be at Moderate Risk will be at Moderate Risk will be at Low to Moderate Risk

Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer

Moder Moder Moder Moder
a a
a
High tely High tely a
High tely High tely

to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo

M Lo
M Lo

M Lo
od

od
od

od
Very

Very
Very

Very
High

High
High

High

The Benchmark is at Moderate Risk The Benchmark is at Moderate Risk The Benchmark is at Moderate Risk The Benchmark is at High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

^^As per notice cum addendum no. 06/2024 riskometer of the scheme has changed. Please visit the website for more details https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum

*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

18 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - DEBT

Mirae Asset Corporate Bond Fund
Key Features
Type of Scheme Corporate Bond Fund - An open
ended debt scheme predominantly
investing in AA+ and above rated
corporate bonds. A relatively high
interest rate risk and Moderate credit
risk.
Mirae Asset Nifty SDL Jun 2027
Index Fund
An open-ended target maturity Index
Fund investing in the constituents of
Nifty SDL Jun 2027 Index. A scheme
with relatively high interest rate risk
and relatively low credit risk
Mirae Asset Nifty AAA PSU Bond
Plus SDL Apr 2026 50:50 Index
Fund
An open-ended target maturity
Index Fund investing in the
constituents of Nifty AAA PSU Bond
Plus SDL Apr 2026 50:50 Index. A
scheme with relatively high interest
rate risk and relatively low credit risk
Mirae Asset CRISIL IBX Gilt
Index - April 2033 Index Fund
An open-ended target maturity
Index Fund investing in the constit-
uents of CRISIL IBX Gilt Index - April
2033. A scheme with relatively high
interest rate risk and relatively low
credit risk

Investment Objective
The investment objective of the
scheme is to provide income and
capital appreciation by investing
predominantly in AA+ and above rat-
ed corporate bonds.
The Scheme does not guarantee or
assure any returns.
The investment objective of the
scheme is to track the Nifty SDL Jun
2027 Index by investing in State
Development Loans (SDL), maturing
on or before June 15, 2027, subject
to tracking errors. However, there is
no assurance that the investment
objective of the Scheme will be
realized and the Scheme does not
assure or guarantee any returns.
The investment objective of the
scheme is to track the Nifty AAA PSU
Bond Plus SDL Apr 2026 50:50 Index
by investing in AAA rated Public Sector
Undertaking (PSU) Bonds and State
Development Loans (SDL), maturing
on or before April 30, 2026, subject
to tracking errors. However, there is
no assurance that the investment
objective of the Scheme will be realized
and the Scheme does not assure or
guarantee any returns
The investment objective of the
scheme is to track the CRISIL IBX
Gilt Index - April 2033 by investing
in dated Government Securities
(G-Sec), maturing on or before
April 29, 2033, subject to tracking
errors. However, there is no assur-
ance that the investment objective
of the Scheme will be realized and
the Scheme does not assure or
guarantee any returns

Mr. Mahendra Jajoo - Mr. Mahendra Jajoo -

(since March 17, 2021) (since March 30, 2022) Mr. Amit Modani - Mr. Amit Modani -
Fund Manager** Mr. Basant Bafna - Mr. Amit Modani - (since January 16, 2023) (since January 16, 2023)
(since January 16, 2023) (since January 16, 2023)
Allotment Date 17th March, 2021 30th March, 2022 20th October, 2022 20th October, 2022

Benchmark Index Nifty AAA PSU Bond Plus SDL Apr

Minimum Investment
Amount
Systematic Investment
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)
CRISIL Corporate Bond B-III Index Nifty SDL Jun 2027 Index CRISIL IBX Gilt Index - April 2033
2026 50:50 Index
`5,000/- and in multiples of `1/- thereafter. Minimum Additional Application
Amount: `1,000/- per application and in multiples of `1/- thereafter
Monthly and Quarterly: `1000/- (mul- Monthly and Quarterly: `1000/- (mul- Monthly and Quarterly: `1000/- (mul- Monthly and Quarterly: `1000/-
tiples of `1/- thereafter), minimum 5 tiples of `1/- thereafter), minimum 5 tiples of `1/- thereafter), minimum 5 (multiples of `1/- thereafter),
in case of Monthly / Quarterly option. in case of Monthly / Quarterly option. in case of Monthly / Quarterly option. minimum 5 in case of Monthly /
Quarterly option.

Entry Load: NA Entry Load: NA Entry Load: NA Entry Load: NA

Load Structure Exit Load: NIL Exit Load: NIL Exit Load: NIL Exit Load: NIL

Plans Available Regular Plan and Direct Plan

Options Available Growth Option and IDCW Option (Payout & Re-investment)

Monthly Average AUM

(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
58.20 745.02 106.14 220.49
Regular Plan: 0.90% Regular Plan: 0.24% Regular Plan: 0.36% Regular Plan: 0.38%
Direct Plan: 0.44% Direct Plan: 0.17% Direct Plan: 0.22% Direct Plan: 0.15%
This product is suitable for This product is suitable for This product is suitable for This product is suitable for
investors who are seeking*: investors who are seeking*: investors who are seeking*: investors who are seeking*:
- To generate income over Medium to - Income over long term - Income over the target maturity - Income over the target maturity
long term - Open ended Target Maturity Index period period
- Investments predominantly in high Fund that seeks to track Nifty SDL Jun - Open ended Target Maturity Index - Open ended Target Maturity
quality corporate bonds 2027 Index Fund that seeks to track Nifty AAA PSU Index Fund that seeks to track
Bond Plus SDL Apr 2026 50:50 Index CRISIL IBX Gilt Index - April 2033
Fund Index Fund
Scheme Riskometer Scheme Riskometer Scheme Riskometer Scheme Riskometer
Moder Moder Moder Moder
a a a a
High tely High tely High tely High tely

to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo

M Lo

M Lo

M Lo
od

od

od

od
Very

Very

Very

Very
High

High

High

High

Investors understand that their principal Investors understand that their principal Investors understand that their principal Investors understand that their principal
will be at Moderate Risk will be at Low to Moderate Risk will be at Low to Moderate Risk will be at Moderate Risk

Benchmark Riskometer Benchmark Riskometer^^ Benchmark Riskometer Benchmark Riskometer

Moder Moder Moder
a a a
High tely High tely High tely Moder
a
High tely
to te to te to te
w ra w ra w ra to te
e e e
w ra
M Lo
M Lo

M Lo

od
od

od

e
M Lo
od
Very
Very

Very

High
High

High

Very
High

The Benchmark is at Moderately The Benchmark is at Low to The Benchmark is at Low to

The Benchmark is at Moderate Risk
High Risk Moderate Risk Moderate Risk

A-III A-III A-III

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

^^As per notice cum addendum no. 06/2024 riskometer of the Benchmark has changed. Please visit the website for more details https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum

*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

19 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - DEBT

Mirae Asset Nifty SDL June 2028

Key Features
Index Fund

Type of Scheme An open-ended target maturity Index

Fund investing in the constituents of
Nifty SDL June 2028 Index. A scheme
with relatively high interest rate risk
and relatively low credit risk.
The investment objective of the
Investment Objective scheme is to track the Nifty SDL June
2028 Index by investing in State
Development Loans (SDL), maturing
on or before June 30, 2028, subject
to tracking errors. However, there is
no assurance that the investment
objective of the Scheme will be
realized and the Scheme does not
assure or guarantee any returns.
Mr. Mahendra Jajoo -
Fund Manager** (since March 31, 2023)

Allotment Date 31st March, 2023

Benchmark Index Nifty SDL June 2028 Index

Minimum Investment `5,000/- and in multiples of `1/-
Amount thereafter. Minimum Additional
Application Amount: `1,000/- per
application and in multiples of `1/-
thereafter

Systematic Investment Monthly and Quarterly: `1000/- (mul-

Plan (SIP) (Any Date tiples of `1/- thereafter), minimum 5
SIP is available from in case of Monthly / Quarterly option.
1st July, 2019)

Entry Load: NA
Load Structure Exit Load: NIL

Plans Available Regular Plan and Direct Plan

Options Available Growth Option and IDCW Option (Payout & Re-investment)

Monthly Average AUM

(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
82.33
Regular Plan: 0.49%
Direct Plan: 0.13%
This product is suitable for
investors who are seeking*:
- Income over long term
- Investment in securities in line
with Nifty SDL June 2028 Index to
generate comparable returns subject
to tracking errors

Scheme Riskometer
Moder
a
High tely

to te
w ra
e
M Lo
od

Very
High

Investors understand that their principal

will be at Moderate Risk

Benchmark Riskometer
Moder
a
High tely

to te
w ra
e
M Lo
od

Very
High

The Benchmark is at Moderate Risk

A-III

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

**For experience of Fund Managers refer page no. 102

20 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - HYBRID

Mirae Asset Aggressive Mirae Asset Balanced Mirae Asset Equity Savings Fund Mirae Asset Arbitrage Fund
Key Features
Hybrid Fund* AdvantageFund
formerly known as Mirae Asset Hybrid Equity
Fund

Aggressive Hybrid Fund - An open

Balanced Advantage Fund - An Equity Savings Fund - An open ended Arbitrage Fund - An open
ended hybrid scheme investing
Type of Scheme open-ended Dynamic Asset Allocation scheme investing in equity, arbitrage ended scheme investing in arbitrage
predominantly in equity and equity
Fund and debt opportunities
related instruments

Investment Objective
The investment objective of the
Scheme is to generate capital
appreciation along with current in-
come from a combined portfolio of
predominantly investing in equity
& equity related instruments and
balance in debt and money market
instruments. The Scheme does not
guarantee or assure any returns.
The investment objective of the
scheme is to capitalize on the
potential upside of equities while
attempting to limit the downside by
dynamically managing the portfolio
through investment in equity & equity
related instruments and active use of
debt, money market instruments and
derivatives. However, there is no assur-
ance or guarantee that the investment
objective of the scheme will be
realized.
The investment objective of the scheme
is to provide capital appreciation and
income distribution to the investors
by using equity and equity related
instruments, arbitrage opportunities,
and investments in debt and money
market instruments. The Scheme does
not assure or guarantee any returns.
The investment objective of the scheme
is to generate capital appreciation and
income by predominantly investing
in arbitrage opportunities in the cash
and derivative segments of the equity
markets and the arbitrage opportu-
nities available within the derivative
segment and by investing the balance
in debt and money market instruments.
There is no assurance or guarantee that
the investment objective of the scheme
will be realized

Mr. Harshad Borawake (Equity
Portion) (Since April 01, 2020),
Mr.Vrijesh Kasera (Since April 01,
Fund Manager** 2020) and Mr. Mahendra Jajoo
(Debt Portion) (since September 8,
2016)
Allotment Date 29th July, 2015
Mr. Harshad Borawake Mr. Harshad Borawake, Mr. Vrijesh
(Equity portion) (since August 11, Kasera (since October 12, 2019),
2022) and Ms. Bharti Sawant (Equity portion)
Mr. Mahendra Jajoo (Debt portion) (since December 28, 2020) and
(since August 11, 2022) Mr. Mahendra Jajoo (Debt portion)
(since December 18, 2018)
11th August, 2022 18th December, 2018
Mr. Jignesh Rao- Equity Portion (since
June 19, 2020,
Mr. Jigar Sethia- Equity Portion (since
June 19, 2020 and Mr. Abhishek Iyer -
Debt Portion (since January 16, 2023)
19th June, 2020

Benchmark Index CRISIL Hybrid 35+65 -Aggressive Nifty 50 Hybrid Composite Debt 50:50
Nifty Equity Savings Index NIFTY 50 Arbitrage Index
Index Index
Minimum Investment `5,000/- and in multiples of `1/- thereafter. Minimum Additional Application
Amount Amount: `1,000/- per application and in multiples of `1/- thereafter

Systematic Investment
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)##
Load Structure
Monthly and Quarterly: `500/- (multiples of `1/- thereafter), minimum 5 in case of Monthly / Quarterly option.
Entry load: NA Entry load: NA
Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted Exit load:# 0.25% if redeemed or switched
(including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. out within 15 days from the date of
b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following allotment Nil after 15 days
exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 1 year (365 days) from
the date of allotment: 1%
-If redeemed after 1 year (365 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted
for SWP under the plan (including Switch out, STP out): -If redeemed within 1 year (365 days) from the date of allotment: 1%
-If redeemed after 1 year (365 days) from the date of allotment: NIL

Plans Available Regular Plan and Direct Plan

Options Available
Monthly Average AUM
(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
Growth Option and IDCW Option (Payout & Re-investment)
8,305.26 1,486.73 853.19 1,007.46
Regular Plan: 1.72% Regular Plan: 2.10% Regular Plan: 1.29% Regular Plan: 0.90%
Direct Plan: 0.38% Direct Plan: 0.69% Direct Plan: 0.31% Direct Plan: 0.16%
This product is suitable for This product is suitable for This product is suitable for inves- This product is suitable for
investors who are seeking*: investors who are seeking*: tors who are seeking*: investors who are seeking*:
- Capital appreciation along with - To generate long term capital - Capital appreciation and income - Income over short term
current income over long term appreciation/income. distribution - Investments predominantly in
- Aggressive hybrid fund investing - Investments in equity, equity related - Investment in equity and equity arbitrage opportunities in the cash and
predominantly In equites & equity securities & debt, money market related instruments, arbitrage derivative segments and the
related instruments with balance instruments while managing risk opportunities and debt & money arbitrage opportunities available within
exposure to debt & money market through active allocation market instruments the derivative segment
instruments
Scheme Riskometer Scheme Riskometer Scheme Riskometer Scheme Riskometer
Moder Moder Moder Moder
a a a a
High tely High tely High tely High tely

to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo

M Lo

M Lo

M Lo
od

od

od

od
Very

Very

Very

Very
High

High

High

High

Investors understand that their principal Investors understand that their principal Investors understand that their principal Investors understand that their principal
will be at Very High Risk will be at Very High Risk will be at Moderately High Risk will be at Low Risk

Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer

Moder Moder Moder Moder
a a a
High tely High tely High tely a
High tely
to te to te to te to te
w ra w ra w ra w ra
e e e e
M Lo

M Lo
M Lo

M Lo
od

od
od

od
Very

Very
Very

High

High

Very
High

High

The Benchmark is at Very High Risk The Benchmark is at High Risk The Benchmark is at Moderate Risk The Benchmark is at Low Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

**For experience of Fund Managers refer page no. 102

*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

As per notice cum addendum no. 56/2023 Change in exit load of Mirae Asset Arbitrage Fund. Please visit the website for more details https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
#

##
Pursuant to notice cum addendum no. 69/2023, Minimum Systematic Investment Plan (SIP) Installment amount for certain Schemes has been Changed with effect from January 01, 2024.

21 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - ETF

Mirae Asset Nifty 50 ETF Mirae Asset Nifty Next 50 ETF Mirae Asset Nifty 100 ESG Sector Mirae Asset NYSE FANG+ ETF
Key Features (NSE Symbol : NIFTYETF, BSE Code: 542131) (NSE Symbol : NEXT50, BSE Code: 542922) Leaders ETF (NSE Symbol : MAFANG, BSE Code: 543291)
(NSE Symbol : ESG, BSE Code: 543246)

An open ended scheme replicating/ An open-ended scheme replicating/

An open ended scheme replicating/
An open ended scheme replicating/ tracking Nifty 100 ESG Sector Lead- tracking NYSE FANG+ Total Return
Type of Scheme tracking Nifty Next 50 Total Return
tracking Nifty 50 Index ers Total Return Index Index
Index

The investment objective of the The investment objective of the

The investment objective of the The investment objective of the
Investment Objective scheme is to generate returns, scheme is to generate returns, before
scheme is to generate returns, before scheme is to generate returns,
before expenses, that are commen- expenses, that are commensurate
expenses, that are commensurate before expenses, that are com-
surate with the performance of the with the performance of the NYSE
with the Performance of the Nifty 50 mensurate with the performance
Nifty 100 ESG Sector Leaders Total FANG+ Total Return Index, subject to
Index, subject to tracking error. The of the Nifty Next 50 Total Return
Return Index, subject to tracking tracking error and forex movement.
Scheme does not guarantee or assure Index, subject to tracking error.
error. The Scheme does not The Scheme does not guarantee or
any returns. The Scheme does not guarantee or
guarantee or assure any returns. assure any returns.
assure any returns.
Ms. Ekta Gala Ms. Ekta Gala Ms. Ekta Gala
Mr. Siddharth Srivastava
(since December 28, 2020) (since December 28, 2020) (since November 17, 2020)
Fund Manager** (since May 06, 2021)
Mr. Vishal Singh - Mr. Vishal Singh - Mr. Akshay Udeshi -
(since August 28, 2023) (since August 28, 2023) (since August 28, 2023)
Allotment Date 20th November, 2018 24th January, 2020 17th November 2020 06th May 2021

Benchmark Index NIFTY 100 ESG Sector Leaders Index

Nifty 50 Index (TRI) Nifty Next 50 Index (TRI) NYSE FANG+ Index (TRI) (INR)
(TRI)
Minimum Investment Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and
Amount^ Cash Component.
Large Investors: Minimum amount of `25 crores for transacting directly with the AMC.
Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on which the Units are listed.

On exchange (in multiple of 1 units), On exchange (in multiple of 1 units), On exchange (in multiple of 1 units), On exchange (in multiple of 1 units),
Directly with AMC or Market Maker (in Directly with AMC or Market Maker (in Directly with AMC or Market Maker (in Directly with AMC or Market Maker
multiple of 50,000 units) multiple of 10,000 units) multiple of 2,50,000 units) (in multiple of 2,00,000 units)

Systematic Investment NA NA NA NA
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)
Entry load: NA
Load Structure
Exit load: “For Creation Unit Size: No Exit load will be levied on redemptions made by Market Makers / Large Investors directly with the Fund in
Creation Unit Size.
For other than Creation Unit Size: Not Applicable - The Units of Mirae Asset Nifty 50 ETF, Mirae Asset Nifty Next 50 ETF, Mirae Asset Nifty 100 ESG Sector
Leaders ETF and Mirae Asset NYSE FANG+ ETF in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be
redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days.”

Plans Available
Options Available
Monthly Average AUM
(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
The Scheme does not offer any Plans/Options for investment
2,050.36
0.05%
This product is suitable for
investors who are seeking*:
- Returns that are commensurate with
the performance of the NIFTY 50,
subject to tracking errors over long
term
- Investment in equity securities
covered by the NIFTY 50
158.86
0.14%
This product is suitable for
investors who are seeking*:
- Returns that are commensurate
with the performance of the NIFTY
Next 50, subject to tracking errors
over long term
- Investment in equity securities
covered by the NIFTY Next 50
135.01
0.58%
This product is suitable for inves-
tors who are seeking*:
- Returns that are commensurate
with the performance of NIFTY 100
ESG Leaders Total Return Index, sub-
ject to tracking error over long term
- Investments in equity securities
covered by NIFTY 100 ESG Leaders
Total Return Index
1,845.62
0.66%
This product is suitable for inves-
tors who are seeking*:
- Returns that are commensurate
with the performance of NYSE
FANG+ Total Return Index. subject to
tracking error and foreign exchange
movement.
- Investments in equity securities
covered by NYSE FANG+ Total Return
Index

Scheme Riskometer Benchmark Riskometer

Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
M Lo

M Lo
od

od
Very

Very
High

High

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

22 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - ETF

Mirae Asset Nifty Financial Mirae Asset S&P 500 Top 50 ETF Mirae Asset Hang Seng TECH ETF Mirae Asset Nifty India
Key Features
Services ETF (NSE Symbol : MASPTOP50, BSE Code: (NSE Symbol : MAHKTECH, BSE Code: 543414) Manufacturing ETF
(NSE Symbol : BFSI, BSE Code: 543323) 543365) (NSE Symbol : MAKEINDIA, BSE Code:
543454)

An open-ended scheme replicating/ An open-ended scheme replicat- An open-ended scheme replicat- An open-ended scheme replicating/
Type of Scheme tracking Nifty Financial Services Total ing/tracking S&P 500 Top 50 Total ing/tracking Hang Seng TECH Total tracking Nifty India Manufacturing
Return Index Return Index Return Index Index

The investment objective of the The investment objective of the The investment objective of the The investment objective of the
Investment Objective scheme is to generate returns, before scheme is to generate returns, scheme is to generate returns, before scheme is to generate returns, before
expenses, that are commensurate before expenses, that are commen- expenses, that are commensurate expenses, that are commensurate
with the performance of the Nifty surate with the performance of the with the performance of the Hang with the performance of the Nifty
Financial Services Total Return Index, S&P 500 Top 50 Total Return Index, Seng TECH Total Return Index (INR), India Manufacturing Total Return
subject to tracking error. The Scheme subject to tracking error and forex subject to tracking error and forex Index, subject to tracking error.
does not guarantee or assure any movement. The Scheme does not movement. The Scheme does not guarantee or
returns guarantee or assure any returns. However, the Scheme does not assure any returns.
guarantee or assure any returns.
Ms. Ekta Gala Ms. Ekta Gala
Mr. Siddharth Srivastava Mr. Siddharth Srivastava
(since July 30, 2021) (since January 27, 2022)
Fund Manager** (since September 20, 2021) (since December 06, 2021)
Mr. Vishal Singh - Mr. Vishal Singh -
(since August 28, 2023) (since August 28, 2023)
Allotment Date 30th July 2021 20th September 2021 06th December 2021 27th January 2022

Benchmark Index Nifty Financial Services Total Return

S&P 500 TOP 50 Index (TRI) Hang Seng TECH Index (TRI) Nifty India Manufacturing Index (TRI)
Index (TRI)
Minimum Investment Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash
Amount^ Component.
Large Investors: Minimum amount of `25 crores for transacting directly with the AMC.
Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on which the Units are listed.
On exchange ( in multiple of 1 units), On exchange in multiple of 1 unit. On exchange in multiple of 1 unit. On exchange: In multiples of 1 units;
Directly with AMC ( in multiple of With AMC: In multiples of 5,50,000 With AMC: In multiples of Basket Size Directly with AMC ( in multiples of
3,00,000 units) units (8 Lakh units) 100,000 units)

Systematic Investment NA NA NA NA
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)

Load Structure Entry load: NA

Exit load: “For Creation Unit Size: No Exit load will be levied on redemptions made by Market Makers / Large Investors directly with the Fund in Creation Unit
Size.
For other than Creation Unit Size: Not Applicable - The Units of Mirae Asset Nifty Financial Services ETF, Mirae Asset S&P 500 Top 50 ETF, Mirae Asset Hang Seng
TECH ETF and Mirae Asset Nifty India Manufacturing ETF in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can
be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days.”

Plans Available
The Scheme does not offer any Plans/Options for investment
Options Available
Monthly Average AUM
256.46 623.98 221.58 105.17
(` Cr.) as on Jan 31, 2024
0.12% 0.64% 0.60% 0.47%
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024

Product Labelling This product is suitable for
investors who are seeking*:
- Return that are commensurate with
the performance of Nifty Financial
Service Total return Index,subject to
tracking error over long term
- Investments in equity securities
covered by Nifty Financial Services
Total Return index
This product is suitable for
investors who are seeking*:
- Returns that are commensurate
with the performance of S&P 500
Top 50 Total Return Index subject to
tracking error and foreign exchange
movement
- Investments in equity securities
covered by S&P 500 Top 50 Total
Return Index
This product is suitable for
investors who are seeking*:
- Returns that are commensurate
with the performance of Hang Seng
TECH Total Return Index subject to
tracking error and foreign exchange
movement
- Investment in equity securities
covered by Hang Seng TECH Total
Return Index
This product is suitable for
investors who are seeking*:
- Returns that are commensurate
with the performance of the Nifty
India
Manufacturing Total Return Index,
subject to tracking error over long
term
- Investment in equity securities
coverd by Nifty India Manufacturing
Total Return Index

Scheme Riskometer Benchmark Riskometer

Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
M Lo

M Lo
od

od
Very

Very
High

High

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

23 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - ETF

Mirae Asset Nifty Midcap 150 ETF Mirae Asset Gold ETF Mirae Asset Nifty 100 Low Mirae Asset Silver ETF
Key Features (NSE Symbol : MIDCAPETF, BSE Code: 543481) (NSE Symbol : GOLDETF, BSE Code: 543781) Volatility 30 ETF (NSE Symbol : SILVRETF, BSE Code: 543922)
(NSE Symbol : LOWVOL, BSE Code: 543858)

Type of Scheme
Investment Objective
An open-ended scheme replicating/track-
ing Nifty Midcap 150 Total Return Index
The investment objective of the scheme is
to generate returns, before expenses, that
are commensurate with the performance
of the Nifty Midcap 150 Total Return Index,
subject to tracking error. The Scheme does
not guarantee or assure any returns.
An open-ended scheme replicating/
tracking Domestic Price of Gold
To generate returns that are in line with
the performance of physical gold in
domestic prices, subject to tracking
error. The Scheme does not guarantee or
assure any returns.
An open-ended scheme replicating/
tracking Nifty 100 Low Volatility 30 Total
Return Index
The investment objective of the scheme is
to generate returns, before expenses, that
are commensurate with the performance
of the Nifty 100 Low Volatility 30 Total
Return Index, subject to tracking error.
The Scheme does not guarantee or assure
any returns.
An open-ended scheme replicating/
tracking Domestic Price of Silver
To generate returns that are in line with
the performance of physical silver in
domestic prices, subject to tracking
error. The Scheme does not guarantee or
assure any returns.

Ms. Ekta Gala Mr. Ritesh Patel Ms. Ekta Gala Mr. Ritesh Patel
(since March 09, 2022) (since February 20, 2023) (since March 24, 2023) (since June 09, 2023)
Fund Manager** Mr. Vishal Singh - Mr. Akshay Udeshi (Co-fund Mr. Vishal Singh - Mr. Akshay Udeshi (Co-fund
(since August 28, 2023) manager) (since August 28, 2023) (since August 28, 2023) manager) (since August 28, 2023)

Allotment Date 09th March 2022 20th February 2023 24th March 2023 09th June 2023

Benchmark Index Domestic Price of Physical Silver (based

Nifty Midcap 150 Index (TRI) Domestic Prices of Gold (INR) Nifty 100 Low Volatility 30 TRI on London Bullion Market association
(LBMA) Silver daily spot fixing price.)

Minimum Investment Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component.
Large Investors: Minimum amount of `25 crores for transacting directly with the AMC.
Amount^ Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all
trading days on the NSE and BSE on which the Units are listed.

On exchange In multiple of 1 units Directly On exchange In multiple of 1 units On exchange in multiple of 1 unit. With On exchange In multiple of 1 units Directly
with AMC In multiple of 4,00,000 units Directly with AMC In multiple of 1,10,000 AMC: In multiples of 30,000 units with AMC In multiple of 30,000 units
units

Systematic Investment NA NA NA NA
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)

Entry load: NA
Load Structure
Exit load: “For Creation Unit Size: No Exit
load will be levied on redemptions made
by Market Makers / Large Investors directly
with the Fund in Creation Unit Size.
For other than Creation Unit Size: Not
Entry Load: NA Entry Load: NA Entry load: NA
Applicable - The Units of, Mirae Asset
Exit Load: NIL Exit Load: NIL Exit load: NIL
Nifty Midcap 150 ETF in other than Cre-
ation Unit Size cannot ordinarily be directly
redeemed with the Fund. These Units can
be redeemed (sold) on a continuous basis
on the Exchange(s) where it is listed during
the trading hours on all trading days.”

Plans Available
Options Available
Monthly Average AUM
(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
The Scheme does not offer any Plans/Options for investment
610.49 34.55 7.33 12.58
0.05% 0.36% 0.29% 0.39%
This product is suitable for This product is suitable for This product is suitable for This product is suitable for
investors who are seeking*: investors who are seeking*: investors who are seeking*: investors who are seeking*:
- Returns that are commensurate with - Returns in-line with physical gold over - Returns that commensurate with the - Investors seeking returns that are in line
the performance of the NIFTY Midcap 150 medium to long-term, subject to track- performance of Nifty 100 Low Volatility with the performance of silver over the
Index, subject to tracking errors over the ing errors 30 Total Return Index, subject to tracking long term, subject to tracking errors
long-term - Investments in physical gold of 99.5% error over long term - Investments in physical Silver of 99.9%
- Investment in equity securities covered by purity (fineness) - Investment in equity securities covered purity (fineness)
the NIFTY Midcap 150 Index by Nifty 100 Low Volatility 30 Total Return
Index
Scheme Riskometer Scheme Riskometer Scheme Riskometer Scheme Riskometer
Moder
Moder Moder Moder a
a a a High tely
High tely High tely High tely
to te
to te to te to te w ra
w ra w ra w ra e
M Lo

e e e
M Lo

M Lo

od
M Lo
od

od

od

Very
High
Very

Very

Very
High

High

High

Investors understand that their principal Investors understand that their principal Investors understand that their principal
Investors understand that their principal
will be at Very High Risk will be at High Risk will be at Very High Risk
will be at Very High Risk

Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer Benchmark Riskometer

Moder Moder
a Moder
Moder High tely a a
High tely
a
High tely High tely
to te to te
to te w ra to te w ra
w ra e w ra e
M Lo

e
M Lo

e
od

M Lo

od
M Lo

od
od

Very

Very
High

High
Very
Very

High
High

The Benchmark is at Very High Risk The Benchmark is at High Risk The Benchmark is at Very High Risk The Benchmark is at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

24 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - ETF

Mirae Asset Nifty Bank ETF Mirae Asset S&P BSE Sensex ETF$ Mirae Asset Nifty 200 Alpha Mirae Asset Nifty IT ETF$
Key Features (NSE Symbol: BANKETF, BSE Code: 543944) (NSE Symbol : SENSEXETF BSE 30 ETF$ (NSE Symbol : ITETF BSE Code: 544006)
Code: 543999) (NSE Symbol : ALPHAETF BSE Code: 544007)

An open-ended scheme replicating/ An open-ended scheme replicating/ An open-ended scheme replicating/ An open-ended scheme replicating/
Type of Scheme tracking Nifty Bank Total Return Index tracking S&P BSE Sensex Total Return tracking Nifty 200 Alpha 30 Total Return tracking Nifty IT Total Return Index
Index Index

Investment Objective
The investment objective of the scheme
is to generate returns, before expenses,
that are commensurate with the per-
formance of the Nifty Bank Total Return
Index, subject to tracking error. There is
no assurance or guarantee that the in-
vestment objective of the scheme would
be achieved.
The investment objective of the scheme
is to generate returns, before expenses,
that are commensurate with the per-
formance of the S&P BSE Sensex Total
Return Index, subject to tracking error.
There is no assurance or guarantee that
the investment objective of the scheme
would be achieved.
The investment objective of the scheme
is to generate returns, before expenses,
that are commensurate with the perfor-
mance of the Nifty 200 Alpha 30 Total
Return Index, subject to tracking error.
There is no assurance or guarantee that
the investment objective of the scheme
would be achieved.
The investment objective of the scheme
is to generate returns, before expens-
es, that are commensurate with the
performance of the Nifty IT Total Return
Index, subject to tracking error. There
is no assurance or guarantee that the
investment objective of the scheme
would be achieved.

Ms. Ekta Gala Ms. Ekta Gala Ms. Ekta Gala Ms. Ekta Gala
(since July 20, 2023) (since September 29, 2023) (since October 20, 2023) (since October 20, 2023)
Fund Manager** Mr. Vishal Singh - Mr. Vishal Singh - Mr. Vishal Singh - Mr. Vishal Singh -
(since August 28, 2023) (since September 29, 2023) (since October 20, 2023) (since October 20, 2023)

Allotment Date 20th July 2023 29th September 2023 20th October 2023 20th October 2023

Benchmark Index Nifty Bank Index (TRI) S&P BSE Sensex (TRI) Nifty 200 Alpha 30 (TRI) Nifty IT (TRI)

Minimum Investment Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component.
Large Investors: Minimum amount of `25 crores for transacting directly with the AMC.
Amount^
Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours
on all trading days on the NSE and BSE on which the Units are listed.

On exchange In multiple of 1 units On exchange In multiple of 1 units On exchange In multiple of 1 units On exchange In multiple of 1 units
Directly with AMC In multiple of 10,000 Directly with AMC In multiple of 5,000 Directly with AMC In multiple of 5,000 Directly with AMC In multiple of 5,000
units units units units

Systematic Investment NA NA NA NA
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)
Entry load: NA Entry load: NA Entry load: NA Entry load: NA
Load Structure Exit load: NIL Exit load: NIL Exit load: NIL Exit load: NIL

Plans Available
Options Available
Monthly Average AUM
(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
The Scheme does not offer any Plans/Options for investment
32.89
0.09%
This product is suitable for
investors who are seeking*:
- Returns that commensurate with
performance of Nifty Bank Total Return
Index, subject to tracking error over
long term
- Investments in equity securities
covered by Nifty Bank Total Return Index
12.53
0.09%
This product is suitable for
investors who are seeking*:
- Returns that commensurate with
performance of S&P BSE Sensex Total
Return Index, subject to tracking error
over long term
- Investments in equity securities
covered by S&P BSE Sensex Total
Return Index
25.79
0.30%
This product is suitable for
investors who are seeking*:
- Returns that commensurate with the
performance of Nifty 200 Alpha 30 Total
Return Index, subject to tracking error
over long term.
- Investment in equity securities covered
by Nifty 200 Alpha 30 Total Return Index
14.17
0.09%
This product is suitable for
investors who are seeking*:
- Returns that commensurate with
performance of Nifty IT Total Return
Index, subject to tracking error over
long term
- Investments in equity securities
covered by Nifty IT Total Return Index

Scheme Riskometer Benchmark Riskometer

Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
M Lo

M Lo
od

od
Very

Very
High

High

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months
$

25 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - ETF

Mirae Asset Nifty 8-13 yr G-Sec Mirae Asset Nifty 1D Rate

Key Features
ETF Liquid ETF
(NSE Symbol : GSEC10YEAR, BSE:543875) (NSE Symbol : LIQUID, BSE Code: 543946)

An Open - Ended Index Exchange (An open-ended listed liquid scheme

Traded Fund tracking Nifty 8-13 yr
G-Sec Index. Relatively High interest
rate risk and Relatively Low Credit Risk)
Type of Scheme
The investment objective of the Scheme
Investment Objective is to provide returns before expenses
that correspond to the returns of Nifty
8-13 yr G-Sec Index, subject to tracking
errors.
However, there is no assurance that the
investment objective of the Scheme will
be realized and the Scheme does not
assure or guarantee any returns
in the form of an Exchange Traded
Fund tracking Nifty 1D Rate Index, with
daily Income Distribution cum capital
withdrawal (IDCW) and compulsory Re-
investment of IDCW option. A relatively
low interest rate risk and relatively low
credit risk)
The investment objective is to seek to
provide current income, commensu-
rate with low risk while providing a high
level of liquidity through a portfolio of
Tri-Party Repo on Government Securities
or T-bills / Repo & Reverse Repo. The
Scheme endeavors to provide returns
that before expenses, closely correspond
to the returns of Nifty 1D Rate Index
subject to tracking errors. However, there
is no assurance that the investment
objective of the Scheme will be realized
and the Scheme does not assure or
guarantee any returns

Mr. Amit Modani

Mr.Amit Modani
(since July 27, 2023)
Fund Manager** (since March 31, 2023)

Allotment Date 31st March 2023 27th July 2023

Benchmark Index Nifty 8-13 yr G-Sec Index Nifty 1D Rate Index

Minimum Investment Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component.
Large Investors: Minimum amount of `25 crores for transacting directly with the AMC.
Amount^
Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours
on all trading days on the NSE and BSE on which the Units are listed.

On exchange in multiple of 1 unit. With On exchange In multiple of 1 units

AMC: In multiples of 2,50,000 units Directly with AMC In multiple of 2,500
units

Systematic Investment NA NA
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)
Entry load: NA Entry load: NA
Load Structure Exit load: NIL Exit load: NIL

Plans Available
The Scheme does not offer any Plans/Options for investment
Options Available
Monthly Average AUM
78.05 345.72
(` Cr.) as on Jan 31, 2024
Monthly Total Expense 0.10% 0.25%
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling This product is suitable for This product is suitable for
investors who are seeking*: investors who are seeking*:
- Income over long term - A liquid exchange traded fund that
- Investment in securities in line with aims to provide returns commensurate
Nifty 8-13 yr G-Sec Index to generate with low risk and providing a high a level
comparable returns subject to tracking of liquidity
errors - Short term savings solution
Scheme Riskometer Scheme Riskometer
Moder
Moder a
a High tely
High tely
to te
to te w ra
w ra e
M Lo

e
od
M Lo
od

Very
High
Very
High

Investors understand that their principal Investors understand that their principal
will be at Moderate Risk will be at Low Risk

Benchmark Riskometer Benchmark Riskometer

Moder Moder
a
a
High tely High tely

to te to te
w ra w ra
e e
M Lo
M Lo

od
od

Very
Very

High
High

The Benchmark is at Moderate Risk The Benchmark is at Low Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

A-III

**For experience of Fund Managers refer page no. 102

^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

26 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - FUND OF FUND

Mirae Asset Nifty 100 ESG Sector
Key Features
Leaders Fund of Fund
Fund of Fund - Domestic (FOF) - An
open ended fund of fund scheme pre-
Type of Scheme dominantly investing in Mirae Asset
Nifty 100 ESG Sector Leaders ETF
The investment objective of the
Investment Objective scheme is to provide long-term capital
appreciation from a portflio investing
predominantly in units of Mirae Asset
Nifty 100 ESG Sector Leaders ETF.
There is no assurance that the invest-
ment objective of the Scheme will be
realized.
Mirae Asset Equity Allocator
Fund of Fund
Fund of Fund - Domestic (FOF) - An
open ended fund of fund scheme
predominantly investing in units of
domestic equity ETFs
The investment objective of the
scheme is to provide long-term
capital appreciation from a portfolio
investing predominantly in units of
domestic equity ETFs. There is no
assurance that the investment
objective of the Scheme will be
realized.
Mirae Asset NYSE FANG+ ETF
Fund of Fund
Fund of Fund - An Open-ended
fund of fund scheme predominantly
investing in Mirae Asset NYSE FANG+
ETF
An open-ended fund of fund scheme
predominantly investing in Mirae
Asset NYSE FANG+ ETF There is no
assurance that the investment
objective of the Scheme will be
realized.
Mirae Asset S&P 500 Top 50 ETF
Fund of Fund
Fund of Fund - An open ended fund
of fund scheme predominantly in-
vesting in units of Mirae Asset S&P
500 Top 50 ETF
The investment objective of
the scheme is to provide long-
term capital appreciation from a
portfolio investing predominantly
in units of Mirae Asset S&P 500 Top
50 ETF. There is no assurance that
the investment objective of the
Scheme will be realized.

Ms. Ekta Gala Ms. Ekta Gala Ms. Ekta Gala

Ms. Bharti Sawant
(since November 18, 2020) (since May 10, 2021) (since September 22, 2021)
Fund Manager** (since inception)
Mr. Akshay Udeshi - Mr. Vishal Singh - Mr. Vishal Singh -
(since August 28, 2023) (since August 28, 2023) (since August 28, 2023)

Allotment Date 18th November 2020 21st September, 2020 10th May, 2021 22nd September 2021

Benchmark Index NIFTY 100 ESG Sector Leaders Index Nifty 200 Index (TRI)
NYSE FANG+ Index (TRI) (INR) S&P 500 Top 50 Index (TRI) (INR)
(TRI)
Minimum Investment `5,000/- and in multiples of `1/- thereafter. Minimum Additional Application
Amount Amount: `1,000/- per application and in multiples of `1/- thereafter

Systematic Investment Monthly and Quarterly: `500/- Monthly and Quarterly: `500/- Monthly and Quarterly: `500/- Monthly and Quarterly: `500/-
Plan (SIP) (Any Date (multiples of `1/- thereafter), (multiples of `1/- thereafter), (multiples of `1/- thereafter), (multiples of `1/- thereafter),
SIP is available from minimum 5 in case of Monthly / minimum 5 in case of Monthly / minimum 5 in case of Monthly / minimum 5 in case of Monthly /
1st July, 2019)## Quarterly option. Quarterly option. Quarterly option. Quarterly option.

Entry Load: NA Entry Load: NA Entry Load: NA Entry Load: NA

Load Structure
Exit Load: if redeemed or switched
out within 5 calendar days from the
date of allotment: 0.05%
if redeemed or switched out after 5
days from date of allotment: Nil
Exit Load: if redeemed or switched
out within 5 calendar days from the
date of allotment: 0.05%
if redeemed or switched out after 5
days from date of allotment: Nil
Exit Load: If redeemed within 3
months from the date of allotment:
0.50%
If redeemed after 3 months from the
date of allotment: NIL
Exit Load: If redeemed within 3
months from the date of allotment:
0.50%
If redeemed after 3 months from
the date of allotment: NIL

Plans Available Regular Plan and Direct Plan Regular Plan and Direct Plan Regular Plan and Direct Plan Regular Plan and Direct Plan

Growth Option and IDCW Option

Options Available
(Payout & Re-investment)
Monthly Average AUM
112.10
(` Cr.) as on Jan 31, 2024
Regular Plan: 0.42%
Direct Plan: 0.06%
Monthly Total Expense
Investors may note that they will
Ratio (Including Statutory
bear recurring expenses of the
Levies) as on Jan 31, 2024
underlying scheme in addition to the
expenses of this scheme
Product Labelling This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investments predominantly in units
of Mirae Asset Nifty 100 ESG Sector
Leaders ETF
Growth Option
630.44
Regular Plan: 0.04%
Direct Plan: 0.03%
Investors may note that they will bear
recurring expenses of the underlying
scheme in addition to the expenses of
this scheme
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investments predominantly in units
of equity exchange traded funds
Growth Option
1,225.57
Regular Plan: 0.43%
Direct Plan: 0.04%
Investors may note that they will bear
recurring expenses of the underlying
scheme in addition to the expenses of
this scheme
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investments predominantly in units
of Mirae Asset NYSE FANG+ ETF
Growth Option
459.33
Regular Plan: 0.49%
Direct Plan: 0.09%
Investors may note that they will
bear recurring expenses of the
underlying scheme in addition to
the expenses of this scheme
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investments predominantly in
units of Mirae Asset S&P 500 Top
50 ETF

Scheme Riskometer Benchmark Riskometer

Moder Moder
a a
High tely High tely

to te to te
w ra w ra
e e
M Lo

M Lo
od

od
Very

Very
High

High

Investors understand that their principal The Benchmark is at Very High Risk
will be at Very High Risk

*Investors should consult their financial advisers if they are not clear about the suitability of the product.

27 Mirae Asset Investment Managers (India) Private Limited

FUND FACTS - FUND OF FUND
Key Features
Type of Scheme
Investment Objective
Fund Manager**
Allotment Date
Benchmark Index
Minimum Investment
Amount
Systematic Investment
Plan (SIP) (Any Date
SIP is available from
1st July, 2019)##
Load Structure
Plans Available
Options Available
Monthly Average AUM
(` Cr.) as on Jan 31, 2024
Monthly Total Expense
Ratio (Including Statutory
Levies) as on Jan 31, 2024
Product Labelling
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Pursuant to notice cum addendum no. 69/2023, Minimum Systematic Investment Plan (SIP) Installment amount for certain Schemes has been Changed with effect from January 01, 2024.
##
**For experience of Fund Managers refer page no. 102
28
Mirae Asset Hang Seng TECH ETF
Fund of Fund
Fund of Fund - An open-ended fund of
fund scheme predominantly investing
in Mirae Asset Hang Seng TECH ETF
The investment objective of the
scheme is to provide long-term
capital appreciation from a portfo-
lio investing predominantly in units
of Mirae Asset Hang Seng TECH
ETF. There is no assurance that the
investment objective of the Scheme
will be realized.
Ms. Ekta Gala
(since December 08, 2021)
Mr. Vishal Singh -
(since August 28, 2023)
08th December 2021
Hang Seng TECH Index(TRI)
`5,000/- and in multiples of `1/- thereafter. Minimum Additional Application
Amount: `1,000/- per application and in multiples of `1/- thereafter
Monthly and Quarterly: `500/- (mul-
tiples of `1/- thereafter), minimum 5
in case of Monthly / Quarterly option.
Entry Load: NA
Exit Load: If redeemed within 3
months from the date of allotment:
0.50%
If redeemed after 3 months from the
date of allotment: NIL.
Regular Plan and Direct Plan
Growth Option
81.66
Regular Plan: 0.53%
Direct Plan: 0.09%
Investors may note that they will
bear recurring expenses of the
underlying scheme in addition to the
expenses of this scheme
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investments predominantly in units
of Mirae Asset Hang Seng TECH ETF
Mirae Asset Nifty India
Manufacturing ETF Fund of Fund
(Fund of Fund - An open-ended fund
of fund scheme investing in units of
Mirae Asset Nifty India Manufactur-
ing ETF
The investment objective of the
scheme is to provide long-term
capital appreciation from a portfolio
investing predominantly in units of
Mirae Asset Nifty India Manufacturing
ETF. There is no assurance that the
investment objective of the Scheme
will be realized.
Ms. Ekta Gala
(since January 31, 2022)
Mr. Vishal Singh -
(since August 28, 2023)
31st January 2022
Nifty India Manufacturing Index
(TRI) (INR)
Monthly and Quarterly: `500/-
(multiples of `1/- thereafter),
minimum 5 in case of Monthly /
Quarterly option.
Entry Load: NA
Exit Load: If redeemed within 3
months from the date of allotment:
0.50%
If redeemed after 3 months from the
date of allotment: NIL
Regular Plan and Direct Plan
Growth Option
64.26
Regular Plan: 0.46%
Direct Plan: 0.11%
Investors may note that they will
bear recurring expenses of the
underlying scheme in addition to the
expenses of this scheme
This product is suitable for
investors who are seeking*:
- To generate long-term capital
appreciation/ income
- Investments predominantly in
units of Mirae Asset Nifty India
Manufacturing ETF
Scheme Riskometer
Moder
a a
High tely
to te
w ra
e e
M Lo
od
Very
High
Investors understand that their principal
will be at Very High Risk
Mirae Asset Global Electric &
Autonomous Vehicles ETFs
Fund of Fund
Fund of Fund - An open-ended
fund of fund scheme investing in
overseas equity Exchange Traded
Funds which are based on compa-
nies involved in development of
Electric & Autonomous Vehicles and
related technology, components and
materials
The investment objective of the
scheme is to provide long-term
capital appreciation from a portfolio
investing in units of overseas equity
ETFs which are based on companies
involved in development of Electric
& Autonomous Vehicles and related
technology, components and mate-
rials. There is no assurance that the
investment objective of the Scheme
will be realized.
Mr. Siddharth Srivastava
(since September 07, 2022)
07th September 2022
Solactive Autonomous & Electric
Vehicles Index (TRI) (INR)
Monthly and Quarterly: `500/- (mul­
tiples of `1/- thereafter), minimum 5
in case of Monthly / Quarterly option.
Entry Load: NA
Exit Load: If redeemed within 1
year (365 days) from the date of
allotment: 1%
If redeemed after 1 year (365 days)
from the date of allotment: NIL.
Regular Plan and Direct Plan
Growth Option
89.06
Regular Plan: 0.52%
Direct Plan: 0.24%
Investors may note that they will
bear recurring expenses of the
underlying scheme in addition to the
expenses of this scheme
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investment in units of equity ETFs
which are based on companies
involved in development of Electric
& Autonomous Vehicles and related
technology, components and
materials
Benchmark Riskometer
Moder
High tely
to te
w ra
M Lo
od
Very
High
The Benchmark is at Very High Risk
Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Global X Artificial
Intelligence & Technology ETF
Fund of Fund
Fund of Fund - An open-ended fund
of fund scheme investing in units
of Global X Artificial Intelligence &
Technology ETF
The investment objective of
the scheme is to provide long-
term capital appreciation from a
portfolio investing in units of
Global X Artificial Intelligence &
Technology ETF. There is no
assurance that the investment
objective of the Scheme will be
realized and the Scheme does not
assure or guarantee any returns.
Mr. Siddharth Srivastava
(since September 07, 2022)
07th September 2022
Indxx Artificial Intelligence & Big
Data Index (TRI) (INR)
Monthly and Quarterly: `500/-
(mul­tiples of `1/- thereafter),
minimum 5 in case of Monthly /
Quarterly option.
Entry Load: NA
Exit Load: If redeemed within 1
year (365 days) from the date of
allotment: 1%
If redeemed after 1 year (365 days)
from the date of allotment: NIL.
Regular Plan and Direct Plan
Growth Option
256.66
Regular Plan: 0.38%
Direct Plan: 0.25%
Investors may note that they will
bear recurring expenses of the
underlying scheme in addition to
the expenses of this scheme
This product is suitable for
investors who are seeking*:
- To generate long term capital
appreciation/income
- Investment in Global X Artificial
Intelligence & Technology ETF
Mirae Asset Equity Snapshot
January 2024

Fund Name Mirae Asset Mirae Asset Mirae Asset

Large Cap Fund Large & Midcap Fund ELSS Tax Saver Fund
formerly known as Mirae Asset formerly known as Mirae Asset
Emerging Bluechip Fund Tax Saver Fund

Type of Scheme Large Cap Fund - An open
ended equity scheme
predominantly investing
across large cap stocks
Large & Mid Cap Fund - An
open ended equity
scheme investing in both
large cap and mid cap
stocks
ELSS - An open ended
equity linked saving
scheme with a statutory
lock in of 3 years with tax
benefit

Nifty 100 Index Nifty Large Midcap

Tier-1 benchmark Index Nifty 500 Index (TRI)
(TRI) 250 Index (TRI)

Tier-2 benchmark Index - - Nifty 200 Index (TRI)

Mr. Gaurav Misra Mr. Neelesh Surana

Fund Manager Mr. Neelesh Surana
Mr. Gaurav Khandelwal Mr. Ankit Jain

Inception Date 04th April, 2008 09th July, 2010 28th December, 2015

Net AUM ` Crores 37,903.96 33,295.23 20,949.94

Asset Allocation 96.98%

Equity (%) 98.77% 99.38%

Asset Allocation 3.02% 0.62%

Non Equity (%) 1.23%

*Large Cap 81.15% 49.63% 63.13%

Portfolio Details

Mid Cap 10.58% 36.43% 19.30%

Small Cap 5.25% 12.71% 16.95%

No. of Stocks 62 82 75

Top 10 Holdings 55.55% 29.59% 41.05%

Top 5 Sectors 59.53% 42.73% 49.65%

Beta 0.84 0.88 0.90

Ratios

1 Year PTR^ 0.23 times 0.59 times 0.93 times

Information Ratio -0.78 -1.28 -0.48

*Market Cap classifications are according to the half yearly data provided by AMFI*Data includes “Partly Paid Shares”. Data as on 31st January 2024
^Portfolio Turnover Ratio

29
 Mirae Asset Equity Snapshot
January 2024

Fund Name Mirae Asset Mirae Asset Mirae Asset Mirae Asset
Focused Fund Midcap Fund Flexi Cap Fund Multicap Fund

Focused Fund - An open An open-ended dynamic Multi Cap - An

Type of Scheme Midcap Fund - An open
ended equity scheme equity scheme investing open-ended equity
ended equity scheme
investing in a maximum across large cap, mid cap, scheme investing across
predominantly investing
of 30 stocks intending to small cap stocks large cap, mid cap and
in mid cap stocks
focus in large cap, mid small cap stocks
cap and small cap
category (i.e., Multi-cap)

Nifty 500 Nifty Midcap 150 Nifty 500 NIFTY 500 Multicap
Tier-1 benchmark Index Index (TRI) 50:25:25 (TRI)
Index (TRI) Index (TRI)

Nifty 200 - -
Tier-2 benchmark Index -
Index (TRI)

Fund Manager Mr. Gaurav Misra Mr. Ankit Jain Mr. Vrijesh Kasera Mr. Ankit Jain

Inception Date 14th May, 2019 29th July, 2019 24th February, 2023 21st August, 2023

Net AUM ` Crores 9,051.71 14,361.60 1,578.45 2,362.77

Asset Allocation 94.51% 97.58% 96.30% 98.99%

Equity (%)

Asset Allocation 5.49% 2.42% 3.70% 1.01%

Non Equity (%)

*Large Cap 53.44% 10.08% 67.86% 36.37%

Portfolio Details

Mid Cap 29.07% 65.71% 14.92% 28.42%

Small Cap 12.00% 21.79% 13.52% 34.20%

No. of Stocks 29 70 70 79

Top 10 Holdings 54.73% 24.99% 38.39% 25.69%

Top 5 Sectors 51.48% 40.79% 47.90% 44.07%

Beta 0.80 0.85 - -

Ratios

1 Year PTR^ 0.26 times 0.54 times - -

Information Ratio -1.24 -0.82 - -

*Market Cap classifications are according to the half yearly data provided by AMFI*Data includes “Partly Paid Shares”. Data as on 31st January 2024
^Portfolio Turnover Ratio

30
Mirae Asset Equity Snapshot
January 2024

Fund Name Mirae Asset Mirae Asset Mirae Asset Banking

Great Consumer Fund Healthcare Fund and Financial Services Fund
Healthcare Fund -
Type of Scheme Sectoral/Thematic Fund - An open ended Sectoral/Thematic Fund -
An open ended equity equity scheme An open ended equity
scheme following investing in scheme investing in Banking
consumption theme healthcare and & Financial Services Sector.
allied sectors

Nifty India Consumption S&P BSE Healthcare Nifty Financial Services

Tier-1 benchmark Index Index (TRI)
Index (TRI) Index (TRI)

Tier-2 benchmark Index - - -

Mr. Ankit Jain Mr. Vrijesh Kasera

Fund Manager Mr. Gaurav Kochar
Mr. Siddhant Chhabria

Inception Date 29th March, 2011 02nd July, 2018 11th December, 2020

Net AUM ` Crores 3,093.81 2,161.17 1,598.56

Asset Allocation
96.82% 99.46% 98.59%
Equity (%)

Asset Allocation 3.18% 0.54% 1.41%

Non Equity (%)

*Large Cap 59.64% 47.41% 69.70%

Portfolio Details

Mid Cap 7.24% 34.37% 13.14%

Small Cap 29.94% 17.68% 13.98%

No. of Stocks 40 29 27

Top 10 Holdings 40.75% 70.64% 74.86%

Top 5 Sectors 60.50% 99.46% 96.82%

Beta 0.82 0.92 0.90

Ratios

1 Year PTR^ 0.43 times 0.23 times 0.28 times

Information Ratio 0.60 0.13 0.99

*Market Cap classifications are according to the half yearly data provided by AMFI*Data includes “Partly Paid Shares”. Data as on 31st January 2024
^Portfolio Turnover Ratio

31
MIRAE ASSET
LARGE CAP FUND
(Large Cap Fund -An open ended equity scheme predominantly investing across large cap stocks)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Managers: ^Industrywise classification as recommended by AMFI
Mr. Gaurav Misra & Mr. Gaurav Khandelwal ICICI Bank Limited 8.75%
HDFC Bank Limited 8.72% Banks 29.81%
Allotment Date: 04th April, 2008
Reliance Industries Limited 8.08% IT - Software 13.00%
Benchmark: Nifty 100 Index (TRI)
Infosys Limited 7.78% Petroleum Products 8.08%
Net AUM (`Cr.) 37,903.96 Axis Bank Limited 4.90%
Diversified FMCG 4.41%
Entry load: NA Bharti Airtel Limited 4.23%
State Bank of India 3.67%
Telecom - Services 4.23%
Exit load: Please refer Page no.14
Kotak Mahindra Bank Limited 3.66% Pharma & Biotech 4.03%
Plans Available: Regular and Direct Plan
Larsen & Toubro Limited 3.55% Construction 3.55%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. ITC Limited 2.21%
Consumer Durables 3.54%
Minimum Additional Application Amount: `1,000/- per Other Equities 41.43%
application and in multiples of `1/- thereafter. Automobiles 3.25%
Equity Holding Total 96.98%
Cash & Other Receivables 3.02% Retailing 3.00%
Net Asset Value (NAV) Total 100.00% Others 20.08%
Direct Regular
0% 10% 20% 30% 40%
Growth `105.695 `95.108

IDCW `65.095 `28.710 Fund Performance

Ratios@ (Annualised) 60%

53%
Mirae Asset Large Cap Fund NIFTY 100 TRI S&P BSE SENSEX TRI
50%
Volatility 12.07% 39%
35%
Beta 0.84 40% 33%
32% 26%
30%
R Squared 0.95 30% 28% 21%
16% 23%
12% 18% 20%
Sharpe Ratio# 0.74 20% 16% 17%
8% 8% 13% 14%
Information Ratio -0.78 9% 11% 5% 7%
10% 4% 5% 6%
3% 3% 2% 1%
Portfolio Turnover Ratio 0.23 times 0.3%
0%
Please refer page no.102 for details -1%
-1% -4% -1%
-10%
Expense Ratio CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 CY 2018 CY 2019 CY 2020 CY 2021 CY 2022 CY 2023 YTD 2024
Regular Plan 1.53% Source: AceMF
Direct Plan 0.54%
Performance Report
Mirae Asset
Period Scheme Benchmark* Additional Benchmark**
Large Cap Fund
Last 1 year 21.74% 26.56% 22.10%
Last 3 years 15.99% 18.39% 17.15%
Last 5 years 14.69% 16.24% 16.01%
Since Inception 15.29% 12.02% 11.74%
Value of Rs. 10000 invested
95,108 60,364 58,026
(in Rs.) Since Inception
NAV as on 31st January, 2024 `95.108
Index Value 31st January, 2024 Index Value of Nifty 100 Index (TRI) is 29,661.76 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 04th April, 2008
Scheme Benchmark *Nifty 100 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund managers: Mr. Gaurav Khandelwal (since October 18, 2021) and Mr. Gaurav Misra (since January 31, 2019) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

SIP Performance
Period Since Inception 10 Years 7 Years 5 Years 3 Years 1 Year
Total Amount Invested 18,90,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
MKT Value as on 31st Jan, 2024 75,85,708 25,42,516 14,04,495 8,99,090 4,42,612 1,36,148
Fund Return& (%) 15.95 14.36 14.42 16.18 13.87 25.77
Benchmark Return& (%) 14.06 14.76 16.07 18.45 16.93 33.95
Add. Benchmark Return& (%) 13.82 14.69 16.01 17.56 15.44 25.27
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00.The performance of other funds managed by the same fund managers are given in the respective page of the schemes
and on page No.90.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.

32 MIRAE ASSET LARGE CAP FUND

MIRAE ASSET
LARGE & MIDCAP FUND*
formerly known as Mirae Asset Emerging Bluechip Fund
(Large & Mid Cap Fund -An open ended equity scheme investing in both large cap and mid cap stocks)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares ^Industrywise classification as recommended by AMFI
Fund Managers:
Mr. Neelesh Surana & Mr. Ankit Jain HDFC Bank Limited 5.64%
Banks 20.23%
Allotment Date: 09th July, 2010 State Bank of India 3.49%
IT - Software 7.28%
Reliance Industries Limited 3.01%
Benchmark: Nifty Large Midcap 250 Index (TRI)
ICICI Bank Limited 2.97% Pharma & Biotech 6.43%
Net AUM (`Cr.) 33,295.23
Larsen & Toubro Limited 2.80% Finance 4.61%
Entry load: NA
Axis Bank Limited 2.74%
Exit load: Please refer Page no.14 Transport Services 4.18%
Kotak Mahindra Bank Limited 2.45%
Plans Available: Regular and Direct Plan Cement Products 3.83%
NTPC Limited 2.23%
Minimum Investment Amount HCL Technologies Limited 2.23% Industrial Products 3.73%
Fresh lumpsum subscription / switch-in to all the Plans &
Options of Mirae Asset Large & Midcap through any mode Gujarat State Petronet Limited 2.03%
Consumer Durables 3.65%
including Stock Exchange platform has been temporarily
suspended with effect from 25th October, 2016. Other Equities 69.18%
Telecom - Services 3.13%
Equity Holding Total 98.77%
Petroleum Products 3.01%
Cash & Other Receivables 1.23%
Net Asset Value (NAV) Others 38.69%
Total 100.00%
Direct Regular
0% 10% 20% 30% 40%
Growth `142.095 `127.989
Fund Performance
IDCW `77.763 `45.914
100%
85% Mirae Asset Large & Midcap Fund NIFTY LARGE MIDCAP 250 TRI S&P BSE SENSEX TRI
Ratios@ (Annualised) 80%

Volatility 13.03%
60% 48% 49%
Beta 0.88 44%
39% 37% 33%
40% 32% 22%
R Squared 0.96 30% 21% 29%
6% 23%
14% 6% 15% 16% 17% 20%
Sharpe Ratio# 1.11 20% 9% 11% 12%
3% 4% 3% 7% 4% 6% 2% 3%
Information Ratio -1.28 0%
-1% -1%
Portfolio Turnover Ratio 0.59 times -4% -5%
-20% -5%
Please refer page no.102 for details
CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 CY 2018 CY 2019 CY 2020 CY 2021 CY 2022 CY 2023 YTD 2024
Source: AceMF
Expense Ratio
Regular Plan 1.56% Performance Report
Direct Plan 0.62% Mirae Asset
Period Scheme Benchmark* Additional Benchmark**
Large & Midcap Fund
Income Distribution cum capital
Last 1 year 35.10% 40.43% 22.10%
withdrawal
Last 3 years 21.68% 25.41% 17.15%
Regular Plan
Last 5 years 20.94% 20.80% 16.01%
Face
Record Quantum NAV Since Inception 20.66% 14.58% 12.29%
Value
Date (` per unit ) (` per unit)
(` per unit) Value of Rs. 10000 invested
1,27,989 63,421 48,234
(in Rs.) Since Inception
07-Feb-23 3.50 10.00 40.450
NAV as on 31st January, 2024 `127.989
28-Jul-23 3.50 10.00 41.930
Index Value 31st January, 2024 Index Value of Scheme benchmark is 17,490.17 and S&P BSE Sensex (TRI) is 1,09,947.70
Direct Plan
Face Allotment Date 09th July, 2010
Record Quantum NAV
Value Scheme Benchmark *Nifty Large Midcap 250 Index (TRI)
Date (` per unit ) (` per unit)
(` per unit) Additional Benchmark **S&P BSE Sensex (TRI)
07-Feb-23 6.00 10.00 67.910 Fund managers : Mr. Neelesh Surana managing the scheme since 9th July, 2010 & Mr. Ankit Jain since 31st, January 2019 respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
28-Jul-23 5.80 10.00 70.570
Latest available NAV has been taken for return calculation wherever applicable
Refer to IDCW History (Page no. 100) for complete IDCW history
of the scheme
Pursuant to payment of IDCW the NAV of the IDCW
SIP Performance
option of the scheme will fall to the extent of payout and Period Since Inception 10 Years 7 Years 5 Years 3 Years 1 Year
statutory levy (if any).
IDCW history is for Mirae Asset Large & Midcap Fund - Regular Total Amount Invested 16,20,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
& Direct Plan - IDCW Option MKT Value as on 31st Jan, 2024 79,81,879 34,05,710 16,98,360 10,53,771 4,83,994 1,46,718
Fund Return& (%) 21.48 19.79 19.75 22.70 20.18 43.55
Benchmark Return& (%) 17.41 18.28 20.41 25.02 24.48 49.67
Add. Benchmark Return& (%) 14.03 14.69 16.01 17.56 15.44 25.27
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00.The performance of other funds managed by the same fund managers are given in the respective page of the schemes
and on page No. 90 & 91.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.
33 MIRAE ASSET LARGE & MIDCAP FUND
MIRAE ASSET
ELSS TAX SAVER FUND*
formerly known as Mirae Asset Tax Saver Fund
(ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares ^Industrywise classification as recommended by AMFI
Fund Manager:
Mr. Neelesh Surana HDFC Bank Limited 8.02% Banks 25.49%
Allotment Date: 28th December, 2015 ICICI Bank Limited 4.94% IT - Software 7.85%
Benchmark: Tier-1-Nifty 500 (TRI) State Bank of India 4.50%
Tier-2-Nifty 200 (TRI) Pharma & Biotech 5.88%
Reliance Industries Limited 4.09%
Net AUM (`Cr.) 20,949.94 Consumer Durables 5.44%
Entry load: NA Kotak Mahindra Bank Limited 3.77%
Petroleum Products 4.99%
Exit load: NIL Larsen & Toubro Limited 3.73%
Cement Products 3.83%
Plans Available: Regular and Direct Plan Axis Bank Limited 3.58%
Construction 3.73%
Minimum Investment Amount Infosys Limited 3.12%
`500/- and in multiples of `500/- thereafter. Transport Services 3.44%
NTPC Limited 2.82%
Fintech 3.14%
HCL Technologies Limited 2.48%
Net Asset Value (NAV)
Industrial Products 3.05%
Other Equities 58.33%
Direct Regular
Equity Holding Total 99.38% Others 32.54%
Growth `45.101 `40.434
Cash & Other Receivables 0.62% 0% 10% 20% 30% 40%
IDCW `26.776 `23.070
Total 100.00%
Ratios@ (Annualised)
Volatility 12.91%

Beta              0.90

R Squared              0.96

Sharpe Ratio# 1.05

Information Ratio -0.48

Portfolio Turnover Ratio 0.93 times

Please refer page no.102 for details

Expense Ratio Performance Report

Mirae Asset
Regular Plan 1.58% Scheme Benchmark* Scheme Benchmark* Additional
Period ELSS Tax
(Tier 1) (Tier 2) Benchmark**
Direct Plan 0.59% Saver Fund
Last 1 year 31.71% 33.81% 30.87% 22.10%
Income Distribution cum capital
Last 3 years 20.69% 21.84% 20.40% 17.15%
withdrawal
Last 5 years 19.60% 18.35% 17.39% 16.01%
Regular Plan
Since Inception 18.83% 15.63% 15.18% 14.74%
Face
Record Quantum NAV Value of Rs. 10000 invested
Value 40,434 32,410 31,407 30,456
Date (` per unit ) (` per unit) (in Rs.) Since Inception
(` per unit)
NAV as on 31st January, 2024 `40.434
07-Feb-23 1.80 10.00 20.890
Index Value of Scheme benchmark is 31,011.17 / 15,636.73 and S&P BSE Sensex (TRI) is
28-Jul-23 1.80 10.00 21.638 Index Value 31st January, 2024
1,09,947.70
Direct Plan Allotment Date 28th December, 2015
Face Scheme Benchmark * Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI)
Record Quantum NAV
Value
Date (` per unit ) (` per unit) Additional Benchmark **S&P BSE Sensex (TRI)
(` per unit)
07-Feb-23 2.10 10.00 24.010 Fund manager : Mr. Neelesh Surana managing the scheme since 28th December, 2015.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
28-Jul-23 2.05 10.00 24.958 Latest available NAV has been taken for return calculation wherever applicable

Refer to IDCW History (Page no. 100) for complete IDCW history
of the scheme SIP Performance
Pursuant to payment of IDCW the NAV of the IDCW
option of the scheme will fall to the extent of payout and Period Since Inception 7 Years 5 Years 3 Years 1 Year
statutory levy (if any).
IDCW history is for Mirae Asset ELSS Tax Saver Fund - Regular
Total Amount Invested 9,70,000 8,40,000 6,00,000 3,60,000 1,20,000
& Direct Plan - IDCW Option MKT Value as on 31st Jan, 2024 21,36,665 16,47,511 10,23,681 4,75,579 1,43,768
Fund Return& (%) 18.95 18.90 21.50 18.93 38.52
Benchmark Return (Tier-1)& (%) 17.48 18.08 21.66 20.82 42.68
Benchmark Return (Tier-2)& (%) 16.75 17.23 20.31 19.27 39.03
Add. Benchmark Return& (%) 15.82 16.01 17.56 15.44 25.27
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 90.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

34 MIRAE ASSET ELSS TAX SAVER FUND

MIRAE ASSET
FOCUSED FUND
(Focused Fund - An open ended equity scheme investing in a maximum of 30 stocks intending to focus
in large cap, mid cap and small cap category (i.e., Multi-cap)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Mr. Gaurav Misra Infosys Limited 8.92%
Banks 24.99%
Allotment Date: 14th May, 2019 HDFC Bank Limited 8.77%

ICICI Bank Limited 7.35% IT - Software 10.90%

Benchmark: Tier-1-Nifty 500 (TRI)
Tier-2-Nifty 200 (TRI)
Reliance Industries Limited 6.49% Petroleum Products 6.49%
Net AUM (`Cr.) 9,051.71
Axis Bank Limited 4.56% Chemicals & Petro 4.66%
Entry load: NA
Bharti Airtel Limited 4.44%
Telecom - Services 4.44%
Exit load: Please refer Page no.14
Sapphire Foods India Limited 3.95%
Plans Available: Regular and Direct Plan Retailing 4.40%
One 97 Communications Limited 3.56%
Minimum Investment Amount Leisure Services 3.95%
`5,000/- and in multiples of `1/- thereafter. FSN E-Commerce Ventures Limited 3.46%
Minimum Additional Application Amount: `1,000/- per Consumer Durables 3.80%
application and in multiples of `1/- thereafter. Syngene International Limited 3.23%

Other Equities 39.78% Fintech 3.56%

Net Asset Value (NAV) Equity Holding Total 94.51% Healthcare Services 3.23%
Cash & Other Receivables 5.49% Others
Direct Regular 24.09%
Total 100.00%
Growth `23.651 `22.117 0% 10% 20% 30% 40%
IDCW `23.645 `22.121

Ratios@ (Annualised)
Volatility 12.19%

Beta 0.80

R Squared 0.86

Sharpe Ratio# 0.69

Information Ratio -1.24

Portfolio Turnover Ratio 0.26 times

Please refer page no.102 for details
Performance Report
Mirae Asset Scheme Benchmark* Scheme Benchmark* Additional
Expense Ratio Period
Focused Fund (Tier 1) (Tier 2) Benchmark**
Regular Plan 1.74% Last 1 year 21.30% 33.81% 30.87% 22.10%
Direct Plan 0.56% Last 3 years 15.66% 21.84% 20.40% 17.15%
Since Inception 18.31% 18.90% 17.84% 16.27%
Value of Rs. 10000 invested
22,117 22,641 21,708 20,374
(in Rs.) Since Inception
NAV as on 31st January, 2024 `22.117
Index Value of Scheme benchmark is 31,011.17 / 15,636.73 and S&P BSE Sensex (TRI) is
Index Value 31st January, 2024
1,09,947.70
Allotment Date 14th May, 2019
Scheme Benchmark *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Mr. Gaurav Misra managing the scheme since May, 2019
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

SIP Performance
Period Since Inception 3 Years 1 Year
Total Amount Invested 5,60,000 3,60,000 1,20,000
MKT Value as on 31st Jan, 2024 8,30,859 4,29,593 1,35,623
Fund Return& (%) 16.97 11.81 24.91
Benchmark Return (Tier-1)& (%) 22.38 20.82 42.68
Benchmark Return (Tier-2)& (%) 20.94 19.27 39.03
Add. Benchmark Return& (%) 17.92 15.44 25.27

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 90.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.

35 MIRAE ASSET FOCUSED FUND

MIRAE ASSET
MIDCAP FUND
(Midcap Fund - An open ended equity scheme predominantly investing in mid cap stocks)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Mr. Ankit Jain The Federal Bank Limited 3.40%
Lupin Limited 2.94% Banks 10.81%
Allotment Date: 29th July, 2019
Delhivery Limited 2.49%
Benchmark: Nifty Midcap 150 (TRI) Pharma & Biotech 10.16%
Indian Bank 2.42%
Net AUM (`Cr.) 14,361.60 HDFC Asset Management Company Consumer Durables 8.25%
2.41%
Entry load: NA Limited
Auto Components 5.95%
Tata Communications Limited 2.29%
Exit load: Please refer page no.15
Industrial Products 5.62%
Plans Available: Regular and Direct Plan Bharat Forge Limited 2.29%

LIC Housing Finance Limited 2.27% Finance 5.32%

Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Gujarat State Petronet Limited 2.26% Transport Services 4.65%
Minimum Additional Application Amount: `1,000/- per
application and in multiples of `1/- thereafter. Coforge Limited 2.22%
IT - Software 4.55%
Other Equities 72.59%
Cement Products 3.58%
Net Asset Value (NAV) Equity Holding Total 97.58%

Cash & Other Receivables 2.42% Gas 3.49%

Direct Regular
Total 100.00% Others 35.20%
Growth `32.255 `30.300

IDCW `27.166 `25.359 0% 10% 20% 30% 40%

Ratios@ (Annualised)
Volatility 14.67%

Beta 0.85

R Square 0.86

Sharpe Ratio# 1.39

Information Ratio -0.82

Portfolio Turnover Ratio 0.54 times

Please refer page no.102 for details

Expense Ratio
Regular Plan 1.68% Performance Report
Direct Plan 0.57% Period Mirae Asset Midcap Fund Scheme Benchmark* Additional Benchmark**
Income Distribution cum capital Last 1 year 43.17% 55.19% 22.10%
withdrawal Last 3 years 27.78% 32.49% 17.15%
Regular Plan Since Inception 27.85% 29.38% 16.66%
Face Value of Rs. 10000 invested
Record Quantum NAV 30,300 31,977 20,041
Value (in Rs.) Since Inception
Date (` per unit ) (` per unit)
(` per unit)
NAV as on 31st January, 2024 `30.300
14-Feb-23 1.75 10.00 19.170 Index Value 31st January, 2024 Index Value of Scheme benchmark is 22,495.94 and S&P BSE Sensex (TRI) is 1,09,947.70
Direct Plan Allotment Date 29th July, 2019
Face
Record Quantum NAV Scheme Benchmark *Nifty Midcap 150 (TRI)
Value
Date (` per unit ) (` per unit)
(` per unit) Additional Benchmark **S&P BSE Sensex (TRI)
14-Feb-23 1.70 10.00 20.220 Fund manager : Mr. Ankit Jain managing the scheme since July, 2019
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Refer to IDCW History (Page no. 100) for complete IDCW history Latest available NAV has been taken for return calculation wherever applicable
of the scheme
Pursuant to payment of IDCW the NAV of the IDCW
option of the scheme will fall to the extent of payout and SIP Performance
statutory levy (if any).
IDCW history is for Mirae Asset Midcap Fund - Regular & Direct Period Since Inception 3 Years 1 Year
Plan - IDCW Option
Total Amount Invested 5,40,000 3,60,000 1,20,000
MKT Value as on 31st Jan, 2024 10,39,679 5,25,811 1,53,062
Fund Return& (%) 29.83 26.19 54.53
Benchmark Return& (%) 33.53 32.05 66.57
Add. Benchmark Return& (%) 18.20 15.44 25.27

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 90 & 91.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.

36 MIRAE ASSET MIDCAP FUND

MIRAE ASSET
GREAT CONSUMER FUND
(Sectoral/Thematic Fund - An open ended equity scheme following consumption theme)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager:
Mr. Ankit Jain & Mr. Siddhant Chhabria Bharti Airtel Limited 6.55% ^Industrywise classification as recommended by AMFI

Allotment Date: 29th March, 2011 ITC Limited 6.42% Consumer Durables 18.59%
Benchmark: Nifty India Consumption Index (TRI) Titan Company Limited 4.63%
Automobiles 12.76%
Net AUM (`Cr.) 3,093.81 Hindustan Unilever Limited 4.61%
Retailing 11.57%
Entry load: NA CEAT Limited 3.43%
Diversified FMCG 11.03%
Exit load: Please refer page no.15 Maruti Suzuki India Limited 3.42%
Telecom - Services 6.55%
Plans Available: Regular and Direct Plan Mahindra & Mahindra Limited 3.07%
Household Products 5.37%
Minimum Investment Amount United Spirits Limited 2.99%
`5,000/- and in multiples of `1/- thereafter. Food Products 5.12%
Minimum Additional Application Amount: `1,000/- per HDFC Bank Limited 2.84%
application and in multiples of `1/- thereafter. Auto Components 3.43%
Trent Limited 2.79%

Other Equities 56.07% Beverages 2.99%

Net Asset Value (NAV) Banks 2.84%
Equity Holding Total 96.82%
Direct Regular Cash & Other Receivables 3.18% Others 16.57%
Growth `90.781 `77.775 Total 100.00%
0% 20% 40% 60%
IDCW `64.215 `25.650

Ratios@ (Annualised)
Volatility 12.25%

Beta 0.82

R Squared       0.87

Sharpe Ratio# 1.28

Information Ratio 0.60

Portfolio Turnover Ratio 0.43 times

Please refer page no.102 for details Performance Report
Mirae Asset Great
Expense Ratio Period
Consumer Fund
Scheme Benchmark* Additional Benchmark**

Regular Plan 1.90% Last 1 year 35.32% 32.20% 22.10%

Direct Plan 0.44% Last 3 years 22.64% 19.67% 17.15%

Last 5 years 18.45% 16.67% 16.01%
Income Distribution cum capital
Since Inception 17.30% 15.67% 12.36%
withdrawal
Value of Rs. 10000 invested
Regular Plan 77,775 64,970 44,718
(in Rs.) Since Inception
Face
Record Quantum NAV NAV as on 31st January, 2024
Value `77.775
Date (` per unit ) (` per unit)
(` per unit) Index Value 31st January, 2024 Index Value of Scheme benchmark is 11,945.20 and S&P BSE Sensex (TRI) is 1,09,947.70
14-Feb-23 1.70 10.00 20.760 Allotment Date 29th March, 2011

Direct Plan Scheme Benchmark *Nifty India Consumption Index (TRI)

Face Additional Benchmark **S&P BSE Sensex (TRI)
Record Quantum NAV
Value
Date (` per unit ) (` per unit) Fund manager : Mr. Ankit Jain & Mr. Siddhant Chhabria managing the scheme since October, 2016 & June 21, 2021 respectively.
(` per unit)
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
14-Feb-23 4.10 10.00 51.150 Latest available NAV has been taken for return calculation wherever applicable

Refer to IDCW History (Page no. 100) for complete IDCW history
of the scheme
Pursuant to payment of IDCW the NAV of the IDCW
SIP Performance
option of the scheme will fall to the extent of payout and Period Since Inception 10 Years 7 Years 5 Years 3 Years 1 Year
statutory levy (if any).
IDCW history is for Mirae Asset Great Consumer Fund - Regular Total Amount Invested 15,40,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
& Direct Plan - IDCW Option MKT Value as on 31st Jan, 2024 52,90,013 30,31,692 16,49,835 10,40,838 4,98,524 1,42,988
Fund Return& (%) 17.77 17.63 18.94 22.19 22.31 37.20
Benchmark Return& (%) 15.65 15.29 16.62 19.96 20.75 38.40
Add. Benchmark Return& (%) 14.36 14.69 16.01 17.56 15.44 25.27

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 90 & 91.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.

37 MIRAE ASSET GREAT CONSUMER FUND

MIRAE ASSET
HEALTHCARE FUND
(Sectoral/Thematic Fund - An open ended equity scheme investing in healthcare and allied sectors)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Sector Allocation^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Mr. Vrijesh Kasera Sun Pharmaceutical Industries Limited 16.03%

Allotment Date: 02nd July, 2018 Cipla Limited 8.98% Pharmaceuticals &
76.51%
Aurobindo Pharma Limited 8.64% Biotechnology
Benchmark: S&P BSE Healthcare Index (TRI)

Net AUM (`Cr.) 2,161.17 Dr. Reddy's Laboratories Limited 8.00%

Entry load: NA Apollo Hospitals Enterprise Limited 6.55% Healthcare Services 19.50%
Exit load: Please refer page no.15 Krishna Institute Of Medical Sciences
5.53%
Limited
Plans Available: Regular and Direct Plan JB Chemicals & Pharmaceuticals
4.92%
Limited Chemicals & Petrochemicals 2.21%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Torrent Pharmaceuticals Limited 4.05%
Minimum Additional Application Amount: `1,000/- per
application and in multiples of `1/- thereafter. Lupin Limited 4.04%

Gland Pharma Limited 3.90% Insurance 1.24%

Net Asset Value (NAV) Other Equities 28.82%

Equity Holding Total 99.46% 0% 20% 40% 60% 80%

Direct Regular

Growth `32.867 `30.115 Cash & Other Receivables 0.54%

Total 100.00%
IDCW `25.396 `22.733

Ratios@ (Annualised)
Volatility 15.39%

Beta 0.92

R Squared             0.97

Sharpe Ratio# 0.74

Information Ratio 0.13

Portfolio Turnover Ratio 0.23 times

Performance Report
Please refer page no.102 for details
Mirae Asset
Period Scheme Benchmark* Additional Benchmark**
Healthcare Fund
Expense Ratio Last 1 year 44.50% 51.45% 22.10%
Regular Plan 2.00% Last 3 years 18.85% 18.69% 17.15%
Direct Plan 0.52% Last 5 years 23.84% 20.32% 16.01%

Income Distribution cum capital Since Inception 21.82% 17.99% 14.90%

Value of Rs. 10000 invested
withdrawal 30,115 25,197 21,730
(in Rs.) Since Inception
Regular Plan NAV as on 31st January, 2024 `30.115
Face
Record Quantum NAV Index Value 31st January, 2024 Index Value of Scheme benchmark is 38,797.41 and S&P BSE Sensex (TRI) is 1,09,947.70
Value
Date (` per unit ) (` per unit)
(` per unit) Allotment Date 02nd July, 2018
14-Feb-23 1.70 10.00 17.300 Scheme Benchmark *S&P BSE Healthcare Index (TRI)

Direct Plan Additional Benchmark **S&P BSE Sensex (TRI)

Face Fund manager : Mr. Vrijesh Kasera managing the scheme since July 02, 2018
Record Quantum NAV
Value Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Date (` per unit ) (` per unit)
(` per unit) Latest available NAV has been taken for return calculation wherever applicable

14-Feb-23 1.55 10.00 18.730

Refer to IDCW History (Page no. 100) for complete IDCW history
SIP Performance
of the scheme Period Since Inception 5 Years 3 Years 1 Year
Pursuant to payment of IDCW the NAV of the IDCW
option of the scheme will fall to the extent of payout and Total Amount Invested 6,60,000 6,00,000 3,60,000 1,20,000
statutory levy (if any). MKT Value as on 31st Jan, 2024 12,62,687 10,90,976 4,90,188 1,55,094
IDCW history is for Mirae Asset Healthcare Fund - Regular
& Direct Plan - IDCW Option Fund Return& (%) 23.64 24.14 21.09 58.10
Benchmark Return& (%) 22.12 23.27 23.23 65.17
Add. Benchmark Return& (%) 17.01 17.56 15.44 25.27

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 91, 94 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of `10,000/- on the 1st working day of every month.

38 MIRAE ASSET HEALTHCARE FUND

MIRAE ASSET
BANKING AND FINANCIAL SERVICES FUND
(Sectoral / Thematic Fund - An open-ended equity scheme investing in Banking & Financial Services Sector)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Sector Allocation^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Mr. Gaurav Kochar HDFC Bank Limited 18.70%

Allotment Date: 11th December, 2020 ICICI Bank Limited 17.60%

Banks 66.83%

Benchmark: Nifty Financial Services Index (TRI) State Bank of India 9.88%
Net AUM (`Cr.) 1,598.56 Axis Bank Limited 7.91%
Finance 22.70%
Entry load: NA
The Federal Bank Limited 5.23%
Exit load: Please refer page no.15 Insurance
Shriram Finance Limited 3.49% 5.00%
Plans Available: Regular and Direct Plan
Fusion Micro Finance Limited 3.25%
Minimum Investment Amount
LIC Housing Finance Limited 3.16% Capital Markets 2.15%
`5,000/- and in multiples of `1/- thereafter.
Minimum Additional Application Amount: `1,000/- per SBI Life Insurance Company Limited 2.94%
application and in multiples of `1/- thereafter.
Utkarsh Small Finance Bank Ltd 2.70% Fintech 0.14%
Net Asset Value (NAV) Other Equities 23.73%

Equity Holding Total 98.59% 0% 20% 40% 60% 80%

Direct Regular

Growth `17.236 `16.376 Cash & Other Receivables 1.41%

IDCW `17.179 `16.397 Total 100.00%

Ratios@ (Annualised)
Volatility 15.85%

Beta 0.90

R Squared 0.93

Sharpe Ratio# 0.64

Information Ratio 0.99

Portfolio Turnover Ratio 0.28 times

Please refer page no.102 for details

Expense Ratio
Regular Plan 2.08%
Performance Report
Direct Plan 0.60%
Mirae Asset Banking and
Period Scheme Benchmark* Additional Benchmark**
Financial Services Fund
Last 1 year 25.38% 14.37% 22.10%
Last 3 years 17.46% 12.87% 17.15%
Since Inception 17.01% 12.49% 16.49%
Value of Rs. 10000 invested
16,376 14,471 16,149
(in Rs.) Since Inception
NAV as on 31st January, 2024 `16.376
Index Value 31st January, 2024 Index Value of benchmark is 25,494.88 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 11th Dec, 2020
Scheme Benchmark *Nifty Financial Services Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Mr. Gaurav Kochar managing the scheme since 11th December, 2020.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

SIP Performance
Period Since Inception 3 Years 1 Year
Total Amount Invested 3,70,000 3,60,000 1,20,000
MKT Value as on 31st Jan, 2024 4,76,628 4,60,758 1,35,752
Fund Return& (%) 16.65 16.69 25.12
Benchmark Return& (%) 9.99 9.92 11.14
Add. Benchmark Return& (%) 15.43 15.44 25.27
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 91.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.

39 MIRAE ASSET BANKING AND FINANCIAL SERVICES FUND

MIRAE ASSET
FLEXI CAP FUND
(Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager:
Mr. Vrijesh Kasera HDFC Bank Limited 7.21% ^Industrywise classification as recommended by AMFI

Allotment Date: 24th February, 2023 ICICI Bank Limited 5.58% Banks 24.93%
Benchmark: Nifty 500 Index (TRI) State Bank of India 4.44%
IT - Software 8.89%
Net AUM (`Cr.) 1,578.45 Reliance Industries Limited 3.76%
Finance 5.29%
Entry load: NA
Infosys Limited 3.55%
Petroleum Products 4.49%
Exit load: If redeemed within 1 year (365 days) from the
Larsen & Toubro Limited 3.39%
date of allotment: 1% of the applicable NAV Pharma & Biotech 4.30%
If redeemed after 1 year (365 days) from the date of NTPC Limited 3.14%
allotment: NIL Auto Components 3.74%
Axis Bank Limited 3.01%
Plans Available: Regular and Direct Plan Automobiles 3.68%
Aurobindo Pharma Limited 2.20%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Construction 3.39%
HCL Technologies Limited 2.11%
Minimum Additional Application Amount: `1,000/- per
application and in multiples of `1/- thereafter. Retailing 3.33%
Other Equities 57.91%
Power 3.14%
Equity Holding Total 96.30%
Net Asset Value (NAV) Others 31.12%
Cash & Other Receivables 3.70%
Direct Regular Total 100.00% 0% 10% 20% 30% 40%
Growth `13.310 `13.118

IDCW `13.309 `13.122

Expense Ratio
Regular Plan 2.07%
Direct Plan 0.58%

Performance Report
Period Mirae Asset Flexi Cap Fund Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 25.47% 35.45% 20.78%
Since Inception (Annualized) 33.71% 39.52% 27.45%
Value of Rs. 10000 invested
13,118 13,649 12,544
(in Rs.) Since Inception
NAV as on 31st January, 2024 `13.118
Index Value 31st January, 2024 Index Value of benchmark is 31,011.17 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 24th Feb, 2023
Scheme Benchmark *Nifty 500 Index (TRI)
Additional Benchmark **Nifty 50 Index (TRI)
Fund manager : Mr. Vrijesh Kasera managing the scheme since 24th February, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 91, 94 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

40 MIRAE ASSET FLEXI CAP FUND

MIRAE ASSET
MULTICAP FUND
(Multi Cap - An open-ended equity scheme investing across large cap, mid cap and small cap stocks)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager:
Mr. Ankit Jain HDFC Bank Limited 4.10% ^Industrywise classification as recommended by AMFI

Allotment Date: 21st August, 2023 ICICI Bank Limited 2.99% Banks 18.23%
Benchmark: NIFTY 500 Multicap 50:25:25 TRI Axis Bank Limited 2.86%
Consumer Durables 7.33%
Net AUM (`Cr.) 2,362.77 Larsen & Toubro Limited 2.67%
Pharma & Biotech 6.72%
Entry load: NA
State Bank of India 2.50%
IT - Software 6.58%
Exit load: If redeemed within 1 year (365 days) from the
Kotak Mahindra Bank Limited 2.21%
date of allotment: 1% of the applicable NAV Transport Services 5.21%
If redeemed after 1 year (365 days) from the date of Gujarat State Petronet Limited 2.18%
allotment: NIL Auto Components 4.69%
Gland Pharma Limited 2.16%
Plans Available: Regular and Direct Plan Capital Markets 3.75%
Delhivery Limited 2.03%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Finance 3.72%
Minimum Additional Application Amount: `1,000/- per HCL Technologies Limited 1.99%
application and in multiples of `1/- thereafter. Retailing 3.67%
Other Equities 73.30%
Healthcare Services 3.04%
Equity Holding Total 98.99%
Net Asset Value (NAV) Others 36.05%
Cash & Other Receivables 1.01%
Direct Regular
Total 100.00% 0% 10% 20% 30% 40%
Growth `12.042 `11.956

IDCW `12.042 `11.950

Expense Ratio
Regular Plan 1.96%
Direct Plan 0.44%

Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months, hence performance shall not be provided.

41 MIRAE ASSET MULTICAP FUND

 Mirae Asset Debt Snapshot
January 2024

Fund Name Mirae Asset Mirae Asset Mirae Asset Mirae Asset
Overnight Fund Liquid Fund Ultra Short Duration Fund Low Duration Fund
formerly known as Mirae Asset formerly known as Mirae Asset
Cash Management Fund Savings Fund

Type of Scheme An open ended debt
scheme investing in scheme. A relatively low
overnight securities.
A relatively low interest
rate risk and relatively
low credit risk
An open ended liquid An Open ended ultra-short
term debt scheme investing
interest rate risk and in instruments such that the
moderate credit risk Macaulay duration* of the
portfolio is between 3
months to 6 months
(*please refer to page no.35
of the SID). A relatively low
interest rate risk and
moderate credit risk
An Open ended low
duration debt scheme
investing in instruments
with Macaulay duration*
of the portfolio between
6 months and 12 months
(*Refer page no. 37 of
the SID). A moderate
interest rate risk and
moderate credit risk

NIFTY 1D Rate Index NIFTY Liquid Index B-I NIFTY Ultra Short Duration NIFTY Low Duration
Tier-1 benchmark Index
Debt Index B-I Debt Index B-I

Tier-2 benchmark Index - - - -

Fund Manager Mr. Abhishek Iyer Mr. Abhishek Iyer Mr. Basant Bafna Ms. Kruti Chheta

Inception Date 15th October, 2019 12th January, 2009 07th October, 2020 26th June, 2012

Net AUM `Crores 1,280.70 11,105.85 610.23 527.21

Annualised YTM 6.76% 7.33% 7.98% 7.96%

Average Maturity (Days) 1.27 36.45 157.44 357.21

Quants

Modified Duration (Years) 0.00 0.10 0.41 0.87

Macaulay Duration (Years) 0.00 0.10 0.42 0.92

Regular (in %) 0.18 0.23 0.47 0.89

TER#
Direct (in %) 0.08 0.12 0.23 0.29

Sovereign 1.95% 20.78% 10.44% 10.21%

AAA - - 20.52% 33.69%

Portfolio Statistics

Corporate Debt Market

- 0.19% 0.23% 0.29%
Development Fund

AA+ - - 5.22% 6.24%

AA - - 1.64% 4.74%

A1+ - 76.26% 59.18% 40.83%

Cash & Others 98.05% 2.77% 2.77% 4.00%

#
Total Expense Ratio as on 31st January 2024 Data as on 31st January 2024

42
 Mirae Asset Debt Snapshot
January 2024

Fund Name Mirae Asset Mirae Asset Mirae Asset Mirae Asset
Money Market Fund Short Duration Fund Banking and PSU Fund Corporate Bond Fund
formerly known as Mirae Asset formerly known as Mirae Asset
Short Term Fund Banking and PSU Debt Fund

Type of Scheme An Open ended An open-ended short An open ended debt An open ended debt
debt scheme term debt scheme scheme predominantly scheme predominantly
investing in investing in instruments investing in debt investing in AA+ and
money market such that the Macaulay instruments of banks, above rated corporate
instruments. duration of the portfolio is Public Sector Undertakings, bonds. A relatively high
A relatively low between 1 year to 3 years Public Financial interest rate risk and
interest rate risk (please refer to page no. Institutions and Moderate credit risk
and moderate 34 of the SID). A relatively Municipal Bonds.
credit risk high interest rate risk and A relatively high interest
Moderate credit risk rate risk and moderate
credit risk
NIFTY Money Market CRISIL Short Duration Debt CRISIL Banking and CRISIL Corporate Bond
Tier-1 benchmark Index
Index B-I B-II Index PSU Debt Index B-III Index

Tier-2 benchmark Index - - - -

Mr. Amit Modani Mr. Basant Bafna Mr. Mahendra Jajoo

Fund Manager Mr. Basant Bafna
Mr. Amit Modani Mr. Basant Bafna

Inception Date 11th August 2021 16th March, 2018 24th July 2020 17th March, 2021

Net AUM `Crores 108.03 342.02 66.31 57.98

Annualised YTM 7.73% 7.91% 7.55% 7.73%

Average Maturity
(MAMMF in Days, Rest in Years) 103.88 3.56 5.93 4.00
Quants

Modified Duration (Years) 0.28 2.71 3.87 2.96

Macaulay Duration (Years) 0.28 2.85 4.12 3.15

Regular (in %) 0.59 1.15 0.82 0.90

TER#
Direct (in %) 0.24 0.33 0.37 0.44

Sovereign 17.82% 32.23% 17.36% 16.41%

AAA - 42.16% 73.46% 77.60%

Corporate Debt Market

0.20%
Portfolio Statistics

0.31% 0.36% 0.27%

Development Fund

AA+ - 13.85% - -

AA - 2.92% - -

A1+ 81.45% 4.31% - -

Cash & Others 0.53% 4.22% 8.82% 5.72%

#
Total Expense Ratio as on 31st January 2024 Data as on 31st January 2024

43
 Mirae Asset Debt Snapshot
January 2024

Mirae Asset Mirae Asset Nifty SDL Mirae Asset CRISIL IBX Gilt Mirae Asset Nifty
Fund Name
Dynamic Bond Fund Jun 2027 Index Fund Index - April 2033 Index Fund AAA PSU Bond Plus SDL
Apr 2026 50:50 Index Fund

Type of Scheme An Open ended dynamic An open-ended An open-ended target An open-ended target
debt scheme investing target maturity maturity Index Fund investing in maturity Index Fund
across duration. A relatively Index Fund the constituents of CRISIL investing in the constituents
high interest rate risk and investing in the IBX Gilt Index – April 2033. of Nifty AAA PSU Bond Plus
relatively high credit risk constituents of A scheme with relatively SDL Apr 2026 50:50
Nifty SDL Jun 2027 high interest rate risk Index. A scheme with relatively
Index. A scheme and relatively low credit risk. high interest rate risk
with relatively high and relatively low credit risk
interest rate risk
and relatively low
credit risk

Tier-1 benchmark Index CRISIL Dynamic Bond
C-III Index
Nifty PSU Bond Plus SDL
Tier-2 benchmark Index
Apr 2027 50:50 Index
Nifty SDL Jun 2027 CRISIL IBX Gilt Nifty AAA PSU Bond Plus
Index Index – April 2033 SDL Apr 2026 50:50 Index
- - -

Mr. Mahendra Jajoo

Fund Manager Mr. Amit Modani Mr. Amit Modani Mr. Amit Modani
Mr. Amit Modani

Inception Date 24th March, 2017 30th March, 2022 20th October 2022 20th October 2022

Net AUM `Crores 190.89 748.32 223.11 106.45

Annualised YTM 7.57% 7.56% 7.30% 7.63%

Average Maturity (Years) 2.96 3.21 8.77 2.01

Quants

Modified Duration (Years) 2.51 2.75 6.16 1.76

Macaulay Duration (Years) 2.65 2.85 6.38 1.86

Regular (in %) 1.13 0.24 0.38 0.36

TER#
Direct (in %) 0.23 0.17 0.15 0.22

Sovereign 48.16% 97.10% 95.70% 48.27%

AAA 46.81% - - 47.55%

Portfolio Statistics

Corporate Debt Market

0.29% - - -
Development Fund

AA+ - - - -

AA - - - -

A1+ - - - -

Cash & Others 4.74% 2.90% 4.30% 4.18%

#
Total Expense Ratio as on 31st January 2024 Data as on 31st January 2024

44
 Mirae Asset Debt Snapshot
January 2024

Fund Name Mirae Asset

Nifty SDL June 2028 Index Fund

Type of Scheme An open-ended

target maturity Index Fund
investing in the constituents
of Nifty SDL June 2028 Index.
A scheme with relatively high
interest rate risk and relatively
low credit risk

Tier-1 benchmark Index Nifty SDL June 2028 Index

Tier-2 benchmark Index -

Fund Manager Mr. Mahendra Jajoo

Inception Date 31st March, 2023

Net AUM `Crores 82.09

Annualised YTM 7.54%

Average Maturity (Years) 4.13

Modified Duration (Years) 3.39

Quants

Macaulay Duration (Years) 3.52

Regular (in %) 0.49

TER#
Direct (in %) 0.13

Sovereign 95.87%

AAA -
Portfolio Statistics

Corporate Debt Market

-
Development Fund

AA+ -

AA -

A1+ -

Cash & Others 4.13%

#
Total Expense Ratio as on 31st January 2024 Data as on 31st January 2024

45
MIRAE ASSET
OVERNIGHT FUND
(Overnight Fund - An open ended debt scheme investing in overnight securities)
A relatively low interest rate risk and relatively low credit risk

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Treasury Bill
Fund Manager: 1.95%
Mr. Abhishek Iyer 91 Days Tbill (MD 08/02/2024) 0.78%

Allotment Date: 15th October, 2019 91 Days Tbill (MD 15/02/2024) 0.78%

Benchmark: NIFTY 1D Rate Index 91 Days Tbill (MD 29/02/2024) 0.39%

Net AUM (`Cr.) 1,280.70 Treasury Bill Total 1.95%
Entry load: NA
TREPS / Reverse Repo
Exit load: NIL
TREPS / Reverse Repo 98.09%
Plans Available: Regular and Direct Plan
Net Receivables / (Payables) Total (0.04)%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Cash & Other Receivables Total 98.05%
Minimum Additional Application Amount: `1,000/- per
98.05%
application and in multiples of `1/- thereafter. Total 100.00%

Cash & Other Receivables SOV

Net Asset Value (NAV)
Direct Regular

Growth `1,214.4587 `1,209.5205 Overall Asset Allocation

Daily IDCW `1,000.0007 `1,000.0007 1.95%
Weekly IDCW `1,000.0022 `1,000.0003

Monthly IDCW `1,001.2872 `1,001.2683

Quantitative: Debt
Average Maturity 1.27 Days

Modified Duration 0.00 Yrs

Macaulay Duration 0.00 Yrs

Annualized Portfolio YTM* 6.76%

*In case of semi annual YTM, it will be annualized.

Expense Ratio 98.05%

Regular Plan 0.18%
Direct Plan 0.08% Cash & Other Receivables Treasury Bill
Income Distribution cum capital
withdrawal Performance Report
Record Quantum (` Per unit) Mirae Asset Overnight
Date NAV Period Scheme Benchmark* Additional Benchmark**
Individual Corporate Fund
(` per unit)
Last 7 Days 6.61% 6.75% 6.91%
25-Sep-23 5.7267 5.7267 1,005.7267
Last 15 Days 6.65% 6.76% 6.13%
25-Oct-23 5.4771 5.4771 1,005.4771
Last 30 Days 6.65% 6.75% 6.22%
24-Nov-23 5.4654 5.4654 1,005.4654 Last 1 year 6.68% 6.81% 6.91%
26-Dec-23 5.8212 5.8212 1,005.8212 Last 3 Years 4.91% 5.03% 4.99%
Since Inception 4.52% 4.61% 5.18%
Face value `1000/-
Pursuant to payment of IDCW the NAV of the IDCW Value of Rs. 10000 invested
12,095 12,139 12,423
option of the scheme will fall to the extent of payout and (in Rs.) Since Inception
statutory levy (if any). NAV as on 31st January, 2024 `1,209.5205
IDCW history is for Mirae Asset Overnight Fund - Regular Plan -
Monthly IDCW Option Index Value 31st January, 2024 Index Value of benchmark is 2,235.92 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 15th October, 2019
Scheme Benchmark *NIFTY 1D Rate Index
Additional Benchmark **CRISIL 1 Year T-Bill
Fund manager : Mr. Abhishek Iyer managing the scheme since December 28, 2020.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `1000. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

46 MIRAE ASSET OVERNIGHT FUND

MIRAE ASSET
LIQUID FUND*
formerly known as Mirae Asset Cash Management Fund
(Liquid Fund - An open ended liquid scheme)
A relatively low interest rate risk and moderate credit risk

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Certificate of Deposit
Fund Manager: Punjab National Bank
1.79% 0.19%
Mr. Abhishek Iyer (05/03/2024) ** # 2.77%
Punjab National Bank (20/02/2024) # 1.79%
Allotment Date: 12th January, 2009 HDFC Bank Limited (11/03/2024) ** # 1.79%
Union Bank of India (20/03/2024) # 1.78% 20.78%
Benchmark: NIFTY Liquid Index B-I
Axis Bank Limited (14/02/2024) ** # 1.57%
Net AUM (`Cr.) 11,099.03 Canara Bank (22/03/2024) ** # 1.34%
Small Industries Dev Bank of India
Entry load: NA 1.34%
(27/03/2024) ** #
Bank of Baroda (12/03/2024) ** # 1.34%
Exit load:
Others 26.01%
Day of redemption Exit load as a % of Certificate of Deposit Total 38.75%
/switch from the date redemption / Commercial Paper
of applicable NAV switch proceeds National Bank For Agriculture and Rural
2.45%
Development (20/03/2024)
Day 1 0.0070% Reliance Retail Ventures Limited 76.26%
1.80%
(16/02/2024) **
Day 2 0.0065%
Sikka Ports and Terminals Limited
1.79%
Day 3 0.0060% (23/02/2024) **
Reliance Retail Ventures Limited
1.79% A1+ SOV Cash & Other Receivables Unrated
Day 4 0.0055% (04/03/2024) **
Godrej Consumer Products Limited
1.34%
Day 5 0.0050% (20/03/2024) **
Tata Power Renewable Energy Limited
Day 6 0.0045% (28/02/2024) **
1.34% Overall Asset Allocation
National Bank For Agriculture and Rural
1.33%
Development (30/04/2024)
Day 7 onwards 0.0000% Sikka Ports and Terminals Limited 2.77% 0.19%
0.90%
Plans Available: Regular and Direct Plan (09/02/2024) **
Others 24.77% 20.78%
Minimum Investment Amount Commercial Paper Total 37.51%
`5,000/- and in multiples of `1/- thereafter. Treasury Bill
Minimum Additional Application Amount: `1,000/- per 91 Days Tbill (29/02/2024) 3.14%
application and in multiples of `1/- thereafter. 91 Days Tbill (21/03/2024) 2.01%
91 Days Tbill (15/02/2024) 1.80% 38.75%
Net Asset Value (NAV) 91 Days Tbill (22/02/2024) 1.79%
364 Days Tbill (07/03/2024) 1.79%
Direct Regular 182 Days Tbill (07/03/2024) 1.79%
91 Days Tbill (25/04/2024) 1.77%
Growth `2,518.8217 `2,479.7049
91 Days Tbill (02/05/2024) 1.77%
Daily IDCW `1,075.8332 `1,066.4347 Others 4.92% 37.51%
Weekly IDCW `1,216.2089 `1,152.5501 Treasury Bill Total 20.78%
Monthly IDCW `1,136.1846 `1,153.8960 Corporate Debt Market
Development Fund^
Quantitative: Debt Class A2 units of Corporate Debt Market
0.19%
Development Fund # Certificate of Deposit
Average Maturity 36.45 Days Corporate Debt Market
0.19% Commercial Paper
0.10 Yrs Development Fund Total
Modified Duration
Cash & Other Receivables Total 2.77% Treasury Bill
Macaulay Duration 0.10 Yrs Total 100.00% Cash & Other Receivables
Annualized Portfolio YTM* 7.33% ** Thinly Traded / Non Traded Security # Unlisted Security
Corporate Debt Market Development Fund
*In case of semi annual YTM, it will be annualized.

Expense Ratio Performance Report

Regular Plan 0.23% Period Mirae Asset Liquid Fund Scheme Benchmark* Additional Benchmark**
Direct Plan 0.12% Last 7 days 6.93% 7.03% 6.91%
Last 15 days 6.64% 6.86% 6.13%
Income Distribution cum capital
withdrawal Last 30 days 7.07% 7.35% 6.22%
Last 1 year 7.09% 7.36% 6.91%
Record Quantum (` Per unit)
Date NAV (` Last 3 years 5.16% 5.38% 4.99%
Individual Corporate per unit) Last 5 years 5.17% 5.32% 5.55%
25-Sep-23 6.7881 6.7881 1,159.0909 Since Inception 6.22% 6.99% 6.03%
25-Oct-23 6.4575 6.4575 1,158.7603 Value of Rs. 10000 invested
24,797 27,681 24,167
(in Rs.) Since Inception
24-Nov-23 6.4805 6.4805 1,158.7833
NAV as on 31st January, 2024 `2,479.7049
26-Dec-23 6.985 6.985 1,159.2878 Index Value 31st January, 2024 Index Value of benchmark is 4,508.12 and CRISIL 1 Year T-Bill is 7,011.51
Face value `1000/- Allotment Date 12th January, 2009
Pursuant to payment of IDCW the NAV of the IDCW
Scheme Benchmark *NIFTY Liquid Index B-I
option of the scheme will fall to the extent of payout and
statutory levy (if any). Additional Benchmark **CRISIL 1 Year T-Bill
IDCW history is for Mirae Asset Liquid Fund-Regular
Plan-Monthly IDCW Option Fund manager : Mr. Abhishek Iyer managing the scheme since December 28, 2020.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
Note: For computation of since inception returns (%) the allotment NAV has been taken as `1000.00. Returns (%) for less than 1 year are calculated on simple annualized basis.The performance of other funds managed by the same fund
manager is given in the respective page of the schemes and on page No. 92 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023
47 MIRAE ASSET LIQUID FUND
MIRAE ASSET
ULTRA SHORT DURATION FUND
(An Open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 3
months to 6 months (*please refer to page no.38 of SID)
A relatively low interest rate risk and moderate credit risk

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Certificate of Deposit
1.64%
Fund Manager: Punjab National Bank (02/04/2024) # 4.04%
Mr. Basant Bafna 2.77% 0.23%
Canara Bank (15/05/2024) # 4.01% 5.22%
Axis Bank Limited (17/05/2024) # 4.01%
Allotment Date: 07th October, 2020
State Bank of India (17/05/2024) ** # 4.01%
Kotak Mahindra Bank Limited 10.44%
Benchmark: NIFTY Ultra Short Duration Debt Index B-I 3.99%
(07/06/2024) ** #
Net AUM (`Cr.) 610.23 Bank of Baroda (13/06/2024) # 3.98%
ICICI Bank Limited (12/06/2024) ** # 2.55%
Entry load: NA
Bank of Baroda (27/05/2024) ** # 1.92%
Exit load: NIL HDFC Bank Limited (13/09/2024) ** # 1.72%
Others 12.38% 20.52% 59.18%
Plans Available: Regular and Direct Plan
Certificate of Deposit Total 42.61%
Minimum Investment Amount Corporate Bond
`5,000/- and in multiples of `1/-thereafter. 5.27% National Bank For Agriculture
Minimum Additional Application Amount: `1,000/- per 4.23%
and Rural Development (29/04/2024)
application and in multiples of `1/- thereafter. 8.1% REC Limited (25/06/2024) ** 4.10%
5.23% National Bank For Agriculture A1+ AAA
3.99%
and Rural Development (31/01/2025)
Net Asset Value (NAV) 7.38% Cholamandalam Investment and SOV AA+
3.25% Cash & Other Receivables AA
Finance Company Ltd (31/07/2024) **
Direct Regular 6.25% Embassy Office Parks REIT Unrated
2.43%
(18/10/2024) **
Growth `1,185.3555 `1,176.9507 Others 9.38% Overall Asset Allocation
Corporate Bond Total 27.38%
IDCW `1,185.4493 `1,176.5160 Commercial Paper 2.46%
Motilal Oswal Finvest Limited
2.44% 2.77%
Quantitative: Debt (07/03/2024) ** 0.23%
Nuvama Wealth Management Limited 7.98%
1.63%
157.44 Days (13/02/2024) **
Average Maturity
Motilal Oswal Financial Services
0.41 Yrs 1.63%
Modified Duration Limited (06/03/2024) **
0.42 Yrs IGH Holdings Private Limited
Macaulay Duration 1.62%
(19/03/2024) **
7.98% 16.57%
Annualized Portfolio YTM* Birla Group Holdings Private Limited
1.62%
(13/03/2024) ** 42.61%
*In case of semi annual YTM, it will be annualized.
Others 7.63%
Commercial Paper Total 16.57%
Expense Ratio
Treasury Bill
Regular Plan 0.47% 182 Days Tbill (13/06/2024) 5.59%
Direct Plan 0.23% 182 Days Tbill (20/06/2024) 2.39%
Treasury Bill Total 7.98% 27.38%
State Government Bond
8.14% Kerala SDL (14/01/2025) 0.82%
8.17% West Bangal SDL (10/12/2024) 0.82%
8.16% Jharkhand SDL (14/01/2025) 0.82% Certificate of Deposit
State Government Bond Total 2.46% Corporate Bond
Corporate Debt Market
Development Fund^ Commercial Paper
Class A2 units of Corporate Debt Market Treasury Bill
0.23%
Development Fund # Cash & Other Receivables
Corporate Debt Market State Government Bond
0.23%
Development Fund Total
Cash & Other Receivables Total 2.77%
Corporate Debt Market Development Fund
Total 100.00%
** Thinly Traded / Non Traded Security # Unlisted Security

Performance Report
Mirae Asset Ultra Short
Period Scheme Benchmark* Additional Benchmark**
Duration Fund
Last 1 year 7.22% 7.76% 6.91%
Last 3 years 5.23% 5.77% 4.99%
Since Inception 5.03% 5.60% 4.81%
Value of Rs. 10000 invested
11,770 11,980 11,686
(in Rs.) Since Inception
NAV as on 31st January, 2024 `1,176.9507
Index Value 31st January, 2024 Index Value of benchmark is 5,080.64 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 07th October, 2020
Scheme Benchmark *NIFTY Ultra Short Duration Debt Index B-I
Additional Benchmark **CRISIL 1 Year T-Bill
Fund manager : Mr. Basant Bafna managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and
on page No. 92 & 93.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
48 MIRAE ASSET ULTRA SHORT DURATION FUND
MIRAE ASSET
LOW DURATION FUND*
formerly known as Mirae Asset Savings Fund
(Low Duration Fund - An Open ended low duration Debt Scheme investing in instruments with Macaulay duration
of the portfolio between 6 months and 12 months (please refer to page no. 37 of SID)
A moderate interest rate risk and moderate credit risk
Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Corporate Bond
Fund Manager: 8.57% ONGC Petro Additions Limited 4.00% 0.29%
Ms. Kruti Chheta 2.85%
(11/09/2024) 4.74%
7.9237% Bajaj Housing Finance
Allotment Date: 26th June, 2012 2.84%
Limited (16/03/2026) ** 6.24%
7.42% Bajaj Housing Finance Limited
Benchmark: NIFTY Low Duration Debt Index B-I 2.83%
(12/07/2024) **
Net AUM (`Cr.) 527.21 7.13% Power Finance Corporation
2.82% 10.21%
Limited (08/08/2025)
Entry load: NA 6.25% Embassy Office Parks REIT 40.83%
2.81%
(18/10/2024) **
Exit load: NIL 5.776% LIC Housing Finance Limited
2.76%
(11/09/2025) **
Plans Available: Regular Savings and Direct Plan Others 27.76%
Minimum Investment Amount Corporate Bond Total 44.67%
`5,000/- and in multiples of `1/- thereafter. Certificate of Deposit
Minimum Additional Application Amount: `1,000/- per 33.69%
Axis Bank Limited (20/03/2024) ** # 4.70%
application and in multiples of `1/- thereafter.
Punjab National Bank (02/04/2024) # 4.68%
Small Industries Dev Bank of India
Net Asset Value (NAV) (06/06/2024) ** #
4.62%
Kotak Mahindra Bank Limited A1+ AAA
2.72%
Regular (06/09/2024) ** #
Direct SOV AA+
Savings AU Small Finance Bank Limited
2.71%
(04/09/2024) ** # AA Cash & Other Receivables
Growth `2,195.9498 `2,035.5101 Bank of Baroda (27/05/2024) ** # 2.41%
Daily IDCW Unrated
`1,208.9337 `1,005.1646 Others 8.00%
Weekly IDCW `1,454.3849 `1,106.6348 Certificate of Deposit Total 29.84%
Monthly IDCW `1,161.0247 `1,088.3825 Commercial Paper Overall Asset Allocation
Quarterly IDCW `1,004.4478 `1,004.1862 Angel One Limited (15/02/2024) ** 3.03%
Shriram Housing Finance Limited 4.00%
Quantitative: Debt (28/08/2024) **
2.71%
4.30% 0.29%
Birla Group Holdings Private Limited 5.91%
Average Maturity 357.21 Days 1.89%
(09/02/2024) **
Modified Duration 0.87 Yrs Others 3.36%
Macaulay Duration       0.92 Yrs Commercial Paper Total 10.99%
7.96% 10.99%
Annualized Portfolio YTM* Government Bond
*In case of semi annual YTM, it will be annualized. 7.06% GOI (10/04/2028) 3.80%
8.25% GOI (22/09/2033) 1.92% 44.67%
Expense Ratio 7.38% GOI (20/06/2027) 0.19%
Regular Plan 0.89% Government Bond Total 5.91%
State Government Bond
Direct Plan 0.29%
8.17% Bihar SDL (10/12/2024) 1.91% 29.84%
Income Distribution cum capital 7.89% GUJARAT SDL (15/05/2025) 1.91%
withdrawal 7.75% Karnatak SDL (01/03/2027) 0.48%
State Government Bond Total 4.30%
Record Quantum (` Per unit) Corporate Debt Market
NAV (` Corporate Bond
Date Development Fund^
Individual Corporate) per unit) Class A2 units of Corporate Debt Certificate of Deposit
0.29%
Monthly Market Development Fund # Commercial Paper
25-Sep-23 6.0255 6.0255 1,093.1618 Corporate Debt Market Government Bond
0.29%
25-Oct-23 4.6514 4.6514 1,091.7877 Development Fund Total
State Government Bond
24-Nov-23 5.2837 5.2837 1,092.4200 Cash & Other Receivables Total 4.00%
26-Dec-23 6.7671 6.7671 1,093.9034 Total 100.00% Cash & Other Receivables
Regular Plan - Quarterly Corporate Debt Market Development Fund
**Thinly Traded / Non Traded Security #Unlisted Security
Record Quantum (` Per unit)
NAV (`
Date
Individual Corporate) per unit)
Performance Report
Mirae Asset
20-Jan-23 16.00 1000.00 1016.8200 Period Scheme Benchmark* Additional Benchmark**
Low Duration Fund
13-Apr-23 14.75 1000.00 1016.3800
11-Jul-23 16.50 1000.00 1017.0554 Last 1 year 6.72% 7.82% 8.25%
12-Oct-23 17.00 1000.00 1017.4186 Last 3 years 4.71% 5.74% 3.35%
Direct Plan - Quarterly Last 5 years 5.18% 6.34% 5.98%
20-Jan-23 18.00 1000.00 1019.0400
Since Inception 6.32% 7.51% 6.50%
13-Apr-23 16.00 1000.00 1017.8300
11-Jul-23 18.00 1000.00 1018.6632 Value of Rs. 10000 invested
20,355 23,178 20,761
12-Oct-23 30.00 1000.00 1030.3847 (in Rs.) Since Inception
Refer to IDCW History (Page no. 101) for complete IDCW NAV as on 31st January, 2024 `2,035.5101
history of the scheme Index Value 31st January, 2024 Index Value of benchmark is 5,067.45 and CRISIL 10 Year Gilt Index is 4,477.17
Face value `1000/-
Pursuant to payment of IDCW the NAV of the IDCW Allotment Date 26th June, 2012
option of the scheme will fall to the extent of payout and Scheme Benchmark *NIFTY Low Duration Debt Index B-I
statutory levy (if any).
IDCW history is for Mirae Asset Low Duration Fund - Regular Additional Benchmark **CRISIL 10 Year Gilt Index
& Direct Savings Plan - Monthly IDCW Option and Quarterly Fund manager : Ms. Kruti Chheta managing the scheme since January16, 2023.
IDCW Option Inception date of Mirae Asset Low Duration Fund is March 05 2008, however since inception returns are calculated from June 26, 2012 as there were no investors
in the interim period in the institutional plan.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
Note: For computation of since inception returns (%) the allotment NAV has been taken as `1000. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and on page No. 92.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023

49 MIRAE ASSET LOW DURATION FUND

MIRAE ASSET
MONEY MARKET FUND
(Money Market Fund - An Open ended debt scheme investing in money market instruments)
A relatively low interest rate risk and moderate credit risk

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Certificate of Deposit
Fund Manager:
Mr. Amit Modani Export Import Bank of India 0.53% 0.20%
7.34%
(14/03/2024) #
Allotment Date: 11th August, 2021 Union Bank of India (15/03/2024) ** # 6.42%
17.82%
ICICI Bank Limited (13/06/2024) ** # 6.30%
Benchmark: NIFTY Money Market Index B-I
Indian Bank (05/03/2024) # 5.52%
Net AUM (`Cr.) 108.03 Canara Bank (05/02/2024) # 4.62%
State Bank of India (15/03/2024) # 4.59%
Entry load: NA
Bank of Baroda (27/05/2024) ** # 4.52%
Exit load: NIL Small Industries Dev Bank of India
4.49%
(21/06/2024) ** #
Plans Available: Regular and Direct Plan Axis Bank Limited (20/06/2024) ** # 4.49%
Kotak Mahindra Bank Limited
Minimum Investment Amount 4.49%
(26/06/2024) ** #
`5,000/- and in multiples of `1/- thereafter.
Minimum Additional Application Amount: `1,000/- per Others 12.42%
81.45%
application and in multiples of `1/- thereafter. Certificate of Deposit Total 65.20%

Commercial Paper
IIFL Samasta Finance Limited A1+ SOV Cash & Other Receivables Unrated
4.53%
Net Asset Value (NAV) (24/04/2024) **
Motilal Oswal Financial Services
4.39%
Direct Regular Limited (23/08/2024) **
Birla Group Holdings Private Limited
Growth 3.67%
`1,144.8011 `1,134.2352 (13/03/2024) **
IGH Holdings Private Limited
IDCW 3.66%
`1,143.0592 `1,134.2000
(19/03/2024) ** Overall Asset Allocation
Commercial Paper Total 16.25%
Quantitative: Debt 0.53%
Treasury Bill
4.18% 0.20%
Average Maturity 103.88 Days 364 Days Tbill (13/06/2024) 9.02%
Modified Duration 0.28 Yrs 182 Days Tbill (08/02/2024) 4.62% 13.64%
Macaulay Duration       0.28 Yrs Treasury Bill Total 13.64%

Annualized Portfolio YTM* 7.73% State Government Bond

8.86% Kerala SDL (MD 16/10/2024) 4.18%
*In case of semi annual YTM, it will be annualized.
State Government Bond Total 4.18%
Expense Ratio Corporate Debt Market 16.25%
Development Fund^
Regular Plan 0.59%
Class A2 units of Corporate Debt
Direct Plan 0.24% 0.20% 65.20%
Market Development Fund #
Corporate Debt Market
0.20%
Development Fund Total
Cash & Other Receivables Total 0.53%

Total 100.00% Certificate of Deposit

Commercial Paper
** Thinly Traded / Non Traded Security
# Unlisted Security Treasury Bill
State Government Bond
Cash & Other Receivables
Corporate Debt Market Development Fund

Performance Report
Mirae Asset
Period Scheme Benchmark* Additional Benchmark**
Money Market Fund
Last 1 Year 6.85% 7.50% 6.91%
Since Inception 5.22% 5.74% 5.14%
Value of Rs. 10000 invested
11,342 11,480 11,321
(in Rs.) Since Inception
NAV as on 31st January, 2024 `1,134.2352
Index Value 31st January, 2024 Index Value of benchmark is 4,667.17 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 11th Aug, 2021
Scheme Benchmark * NIFTY Money Market Index B-I
Additional Benchmark ** CRISIL 1 Year T-Bill
Fund manager : Mr. Amit Modani managing the scheme since 15th September, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `1000. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum

50 MIRAE ASSET MONEY MARKET FUND

MIRAE ASSET
SHORT DURATION FUND*
formerly known as Mirae Asset Short Term Fund
Short Duration Fund - An open ended short term debt scheme investing in instruments such that the Macaulay
duration* of the portfolio is between 1 year to 3 years (please refer to page no. 35 of SID)
A relatively high interest rate risk and moderate credit risk
Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Corporate Bond
Fund Manager: 8.43% Muthoot Finance Limited 2.92%
Mr. Basant Bafna & Mr. Amit Modani 4.35% 0.31%
(31/07/2026) ** 4.22%
7.15% Small Industries Dev Bank of 4.31%
Allotment Date: 16th March, 2018 4.34%
India (21/07/2025) **
7.9237% Bajaj Housing Finance
Benchmark: CRISIL Short Duration Debt B-II Index 3.79% 13.85%
Limited (16/03/2026) **
Net AUM (`Cr.) 342.02 8.7% Bharti Telecom Limited
3.65%
(21/11/2024) **
Entry load: NA 5.23% National Bank For 42.16%
Agriculture and Rural Development 3.42%
Exit load: NIL (31/01/2025)
8.9% Bharti Telecom Limited
Plans Available: Regular and Direct Plan 2.93%
(04/12/2025) **
7.9% Jamnagar Utilities & Power
Minimum Investment Amount 2.92%
Private Limited (10/08/2028) **
`5,000/- and in multiples of `1/- thereafter. 32.23%
Minimum Additional Application Amount: `1,000/- per 8.3% Godrej Properties Limited
2.92%
application and in multiples of `1/- thereafter. (19/03/2027) **
9.5% Motilal Oswal Finvest Limited
2.92%
(12/09/2025) **
Net Asset Value (NAV) Others 26.53% AAA SOV
Corporate Bond Total 57.77% AA+ A1+
Direct Regular Government Bond
Cash & Other Receivables AA
7.06% GOI (10/04/2028) 13.16%
Growth `14.7592 `14.0811
7.18% GOI (14/08/2033) 11.28% Unrated
7.18% GOI (24/07/2037) 2.47%
IDCW
Overall Asset Allocation
`14.7348 `14.0841
8.2% GOI (24/09/2025) 1.05%
7.26% GOI (06/02/2033) 0.29%
Quantitative: Debt 1.16%
Government Bond Total 28.25%
3.56 Yrs Commercial Paper 3.98% 0.31%
Average Maturity 4.22%
IIFL Samasta Finance Limited
Modified Duration 2.71 Yrs 2.86%
(24/04/2024) ** 4.31%
    2.85 Yrs Motilal Oswal Financial Services
Macaulay Duration 1.45%
Limited (06/03/2024) **
Annualized Portfolio YTM* 7.91% Commercial Paper Total 4.31%
*In case of semi annual YTM, it will be annualized. State Government Bond
8.15% Bihar SDL (14/01/2025) 1.47%
Expense Ratio 8.1% Jharkhand SDL (11/03/2025) 1.47%
7.75% Karnatak SDL (01/03/2027) 0.74%
Regular Plan 1.15% 28.25%
8.2% Uttarakhand SDL (09/05/2028) 0.30% 57.77%
Direct Plan 0.33% State Government Bond Total 3.98%
Reduced Face Value Bonds
7.5% Power Grid Corporation of India
1.16%
Limited (24/08/2033) **
Reduced Face Value Bonds Total 1.16%
Corporate Debt Market
Development Fund^ Corporate Bond
Class A2 units of Corporate Debt Government Bond
0.31%
Market Development Fund # Commercial Paper
Corporate Debt Market Cash & Other Receivables
0.31%
Development Fund Total
State Government Bond
Cash & Other Receivables Total 4.22%
Reduced Face Value Bonds
Total 100.00%
Corporate Debt Market Development Fund
** Thinly Traded / Non Traded Security # Unlisted Security

Performance Report
Mirae Asset Short
Period Scheme Benchmark* Additional Benchmark**
Duration Fund
Last 1 year 6.52% 7.72% 8.25%
Last 3 years 4.45% 5.76% 3.35%
Last 5 years 6.03% 7.11% 5.98%
Since Inception 5.99% 7.08% 6.32%
Value of Rs. 10000 invested
14,081 14,954 14,339
(in Rs.) Since Inception
NAV as on 31st January, 2024 `14.0811
Index Value 31st January, 2024 Index Value of benchmark is 4,578.91 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 16th March, 2018
Scheme Benchmark *CRISIL Short Duration Debt B-II Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Basant Bafna & Mr. Amit Modani managing the scheme since 16th January, 2023 & since June 30, 2021 respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023

51 MIRAE ASSET SHORT DURATION FUND

MIRAE ASSET
BANKING AND PSU FUND*
formerly known as Mirae Asset Banking and PSU Debt Fund
(Banking and PSU Fund - An open ended debt scheme predominantly investing in debt instruments of banks,
Public Sector Undertakings, Public Financial Institutions and Municipal Bonds)
A relatively high interest rate risk and moderate credit risk
Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Corporate Bond
Fund Manager: 7.54% Housing & Urban Development 0.36%
Mr. Basant Bafna 7.51% 8.82%
Corporation Limited (11/02/2026) **
7.54% State Bank of India
Allotment Date: 24th July, 2020 7.50%
(01/08/2038) **
Benchmark: CRISIL Banking and PSU Debt Index 7.47% Small Industries Dev Bank of
7.49%
India (25/11/2025) ** 17.36%
Net AUM (`Cr.) 66.31 7.4% National Bank For Agriculture
and Rural Development (30/01/2026) 7.48%
Entry load: NA **
7.13% Power Finance Corporation
Exit load: NIL 7.44%
Limited (15/07/2026) **
Plans Available: Regular and Direct Plan 7.71% REC Limited (31/10/2033) 5.31%

Minimum Investment Amount 7.95% HDFC Bank Limited

5.27% 73.46%
`5,000/- and in multiples of `1/- thereafter. (21/09/2026) **
Minimum Additional Application Amount: `1,000/- per 7.57% Indian Railway Finance
4.53%
application and in multiples of `1/- thereafter. Corporation Limited (18/04/2029) **
7.68% Indian Railway Finance
4.52%
Corporation Limited (24/11/2026) **
7.68% Bank of Baroda (01/12/2033) 3.03%
Net Asset Value (NAV)
7.77% REC Limited (31/03/2028) 3.02% AAA SOV Cash & Other Receivables Unrated
Direct Regular 6.44% HDFC Bank Limited
2.85%
(27/09/2028) **
Growth 7.79% Small Industries Dev Bank of
`11.7557 `11.5743
India (14/05/2027) **
1.51% Overall Asset Allocation
IDCW `11.7535 `11.5752 Corporate Bond Total 67.46%
0.36%
6.00%
Government Bond
Quantitative: Debt 8.82%
7.18% GOI (14/08/2033) 9.83%
Average Maturity 5.93 Yrs 7.06% GOI (10/04/2028) 3.77%
Modified Duration 3.87 Yrs 7.18% GOI (24/07/2037) 2.25%
Macaulay Duration         4.12 Yrs 7.3% GOI (19/06/2053) 1.51%
Annualized Portfolio YTM* 7.55% 17.36%
Government Bond Total 17.36%
*In case of semi annual YTM, it will be annualized. Reduced Face Value Bonds
7.5% Power Grid Corporation of India
6.00%
Expense Ratio Limited (24/08/2033) ** 67.46%
Reduced Face Value Bonds Total 6.00%
Regular Plan 0.82%
Corporate Debt Market
Direct Plan 0.37% Development Fund^
Corporate Debt Market Development
0.36% Corporate Bond
Fund Class A2
Corporate Debt Market Government Bond
0.36%
Development Fund Total Cash & Other Receivables
Cash & Other Receivables Total 8.82% Reduced Face Value Bonds
Total 100.00% Corporate Debt Market Development Fund
** Thinly Traded / Non Traded Security

Performance Report
Mirae Asset Banking and
Period Scheme Benchmark* Additional Benchmark**
PSU Fund
Last 1 Year 6.53% 7.13% 8.25%
Last 3 Years 4.37% 4.84% 3.35%
Since Inception 4.24% 4.96% 3.39%
Value of Rs. 10000 invested
11,574 11,859 11,247
(in Rs.) Since Inception
NAV as on 31st January, 2024 `11.5743
Index Value 31st January, 2024 Index Value of benchmark is 5,271.63 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 24th July, 2020
Scheme Benchmark *CRISIL Banking and PSU Debt Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Basant Bafna managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92 & 93.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023

52 MIRAE ASSET BANKING AND PSU FUND

MIRAE ASSET
DYNAMIC BOND FUND
(Dynamic Bond Fund - An Open ended dynamic debt scheme investing across duration)
A relatively high interest rate risk and relatively high credit risk

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

State Government Bond
Fund Manager:
Mr. Amit Modani
7.76% Madhya Pradesh SDL
13.21% 4.74% 0.29%
(01/03/2027)
7.39% Maharashtra SDL (09/11/2026) 10.47%
Allotment Date: 24th March, 2017
7.71% Gujarat SDL (01/03/2027) 7.39%
Benchmark: Tier-1 CRISIL Dynamic Bond 7.86% Karnataka SDL (15/03/2027) 6.36%
C-III Index
Tier-2 - Nifty PSU Bond Plus 7.52% Tamilnadu SDL (24/05/2027) 5.25%
SDL Apr 2027 50:50 Index 7.85% Rajasthan SDL (15/03/2027) 2.65%
7.23% Tamilnadu SDL (14/06/2027) 2.61% 48.16%
Net AUM (`Cr.) 190.89
7.51% Rajasthan SDL (24/05/2027) 0.22% 46.81%
Entry load: NA
State Government Bond Total 48.16%
Exit load: NIL Corporate Bond
Plans Available: Regular and Direct Plan 7.62% Export Import Bank of India
7.86%
(01/09/2026) **
Minimum Investment Amount
7.3% Power Grid Corporation of India
`5,000/- and in multiples of `1/- thereafter. 7.79%
Limited (19/06/2027) **
Minimum Additional Application Amount: `1,000/- per
application and in multiples of `1/- thereafter. 6.57% National Bank For Agriculture and SOV AAA Cash & Other Receivables Unrated
7.59%
Rural Development (01/06/2027) **
6.09% Power Finance Corporation
7.56%
Net Asset Value (NAV) Limited (27/08/2026) **
7.83% IRFC Ser 118 NCD
(21/03/2027) **
5.27% Overall Asset Allocation
Direct Regular
7.95% REC Limited (12/03/2027) ** 5.27%
Growth `15.7326 `14.5730 4.74% 0.29%
7.44% Small Industries Dev Bank of
5.20%
IDCW `15.7281 `14.5734 India (04/09/2026) **
8.85% NHPC Limited (11/02/2026) ** 0.27%
Quantitative: Debt Corporate Bond Total 46.81%

2.96 Yrs Corporate Debt Market

Average Maturity
Development Fund
Modified Duration 2.51 Yrs
Class A2 units of Corporate Debt Market
0.29%
48.16%
Macaulay Duration           2.65 Yrs Development Fund
46.81%
Annualized Portfolio YTM* 7.57% Corporate Debt Market
0.29%
Development Fund Total
*In case of semi annual YTM, it will be annualized.
Cash & Other Receivables Total 4.74%
Expense Ratio Total 100.00%
Regular Plan 1.13%
** Thinly Traded / Non Traded Security
Direct Plan 0.23%
State Government Bond
Corporate Bond
Cash & Other Receivables
Corporate Debt Market Development Fund

Performance Report
Mirae Asset
Scheme Benchmark* Scheme Benchmark* Additional
Period Dynamic
(Tier 1) (Tier 2) Benchmark**
Bond Fund
Last 1 year 6.05% 11.11% 7.41% 8.25%
Last 3 years 3.46% 11.84% NA 3.35%
Last 5 years 6.09% 10.54% NA 5.98%
Since Inception 5.64% 9.32% NA 5.29%
Value of Rs. 10000 invested
14,573 18,431 NA 14,238
(in Rs.) Since Inception
NAV as on 31st January, 2024 `14.5730
Index Value of Scheme benchmark is 8,016.73 / 1,116.51 and CRISIL 10 Year Gilt Index is
Index Value 31st January, 2024
4,477.17
Allotment Date 24th March, 2017
*Tier-1 - CRISIL Dynamic Bond C-III Index
Scheme Benchmark
*Tier-2 - Nifty PSU Bond Plus SDL Apr 2027 50:50 Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Amit Modani managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum

53 MIRAE ASSET DYNAMIC BOND FUND

MIRAE ASSET
CORPORATE BOND FUND
(Corporate Bond Fund - An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds)
A relatively high interest rate risk and moderate credit risk

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Corporate Bond
Fund Manager: 5.72% 0.27%
Mr. Mahendra Jajoo & Mr. Basant Bafna 7.44% Small Industries Dev Bank of
8.55%
India (04/09/2026) **
Allotment Date: 17th March, 2021 7.25% National Bank For Agriculture
8.54%
and Rural Development (01/08/2025) **
Benchmark: CRISIL Corporate Bond B-III Index 6.25% Embassy Office Parks REIT 16.41%
8.51%
(18/10/2024) **
Net AUM (`Cr.) 57.98
7.13% Power Finance Corporation
8.50%
Entry load: NA Limited (MD 15/07/2026) **
7.77% REC Limited (31/03/2028) 5.19%
Exit load: NIL 7.9% Bajaj Finance Limited
5.14%
(13/04/2028) **
Plans Available: Regular and Direct Plan 6.44% HDFC Bank Limited
4.89%
(27/09/2028) **
Minimum Investment Amount 8.04% Bajaj Housing Finance Limited
`5,000/- and in multiples of `1/- thereafter. 4.31%
(18/01/2027) ** 77.60%
Minimum Additional Application Amount: `1,000/- per 5.776% LIC Housing Finance Limited
application and in multiples of `1/- thereafter. 4.18%
(11/09/2025) **
7.68% Indian Railway Finance
3.45%
Corporation Limited (24/11/2026) **
Net Asset Value (NAV) AAA SOV Cash & Other Receivables Unrated
7.9% Jamnagar Utilities & Power
3.44%
Direct Regular Private Limited (10/08/2028) **
7.77% HDFC Bank Limited
3.42%
Growth `11.5228 `11.3768 (28/06/2027) ** Overall Asset Allocation
7.71% REC Limited (31/10/2033) 2.60%
IDCW `11.5208 `11.3767
7.68% Bank of Baroda (01/12/2033) 1.73% 3.43% 0.27%
7.6% REC Ltd NCD Ser 219 5.72%
Quantitative: Debt (28/02/2026) **
1.72%
Corporate Bond Total 74.17%
Average Maturity     4.00 Yrs
Government Bond
Modified Duration 2.96 Yrs 16.41%
7.18% GOI (14/08/2033) 10.37%
Macaulay Duration       3.15 Yrs
7.06% GOI(10/04/2028) 6.04%
Annualized Portfolio YTM* 7.73%
Government Bond Total 16.41%
*In case of semi annual YTM, it will be annualized. Reduced Face Value Bonds
7.5% Power Grid Corporation of India
3.43%
Expense Ratio Limited (24/08/2033) **
Reduced Face Value Bonds Total 3.43%
Regular Plan 0.90%
Corporate Debt Market 74.17%
Direct Plan 0.44% Development Fund
Class A2 units of Corporate Debt Market
0.27%
Development Fund
Corporate Debt Market Corporate Bond
0.27%
Development Fund Total
Government Bond
Cash & Other Receivables Total 5.72% Cash & Other Receivables
Total 100.00% Reduced Face Value Bonds
Corporate Debt Market Development Fund
** Thinly Traded / Non Traded Security

Performance Report
Mirae Asset
Period Scheme Benchmark* Additional Benchmark**
Corporate Bond Fund
Last 1 Year 6.55% 7.28% 8.25%
Since Inception 4.59% 6.41% 4.01%
Value of Rs. 10000 invested
11,377 11,957 11,197
(in Rs.) Since Inception
NAV as on 31st January, 2024 `11.3768
Index Value 31st January, 2024 Index Value of benchmark is 5,564.37 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 17th March, 2021
Scheme Benchmark *CRISIL Corporate Bond B-III Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Mahendra Jajoo & Mr. Basant Bafna managing the scheme since 17th March, 2021 & since 16th January, 2023 respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum

54 MIRAE ASSET CORPORATE BOND FUND

MIRAE ASSET
NIFTY SDL JUN 2027 INDEX FUND
(An open-ended target maturity Index Fund investing in the constituents of Nifty SDL Jun 2027 Index.
A scheme with relatively high interest rate risk and relatively low credit risk)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

State Government Bond
Fund Manager: 7.51% Maharashtra SDL (24/05/2027) 9.38% 2.90%
Mr. Mahendra Jajoo & Mr. Amit Modani
7.69% Haryana SDL (15/06/2027) 6.06%
Allotment Date: 30th March, 2022 7.76% Madhya Pradesh SDL
4.72%
01/03/2027)
Benchmark: Nifty SDL Jun 2027 Index 7.86% Karnataka SDL (15/03/2027) 4.46%
Net AUM (`Cr.) 748.32 7.59% Karnataka SDL (29/03/2027) 4.16%
7.78% Bihar SDL (01/03/2027) 4.04%
Tracking Error Value ~ 1.05%
~
1 Year Tracking Difference for Direct Plan is
7.25% Punjab SDL (14/06/2027) 3.58%
8.31% Rajasthan SDL (08/04/2027) 3.42%
Entry load: NA 7.92% West Bangal SDL (15/03/2027) 3.38%
Exit load: NIL 7.94% Jharkhand SDL (15/03/2027) 3.38%
7.53% Haryana SDL (24/05/2027) 3.35%
Plans Available: Regular and Direct Plan
7.55% Assam SDL (24/05/2027) 3.35%
Minimum Investment Amount 7.52% Uttar Pradesh SDL (24/05/2027) 3.35%
97.10%
`5,000/- and in multiples of `1/- thereafter. 7.23% Tamilnadu SDL (14/06/2027) 3.32%
Minimum Additional Application Amount: `1,000/- per
7.2% Kerala SDL (14/06/2027) 3.32%
application and in multiples of `1/- thereafter.
7.52% Gujarat SDL (24/05/2027) 2.74% SOV Cash & Other Receivables
7.62% Andhra Pradesh SDL
2.69%
(29/03/2027)
Net Asset Value (NAV) 7.54% Himachal Pradesh SDL
2.68%
(24/05/2027) Overall Asset Allocation
Direct Regular 7.23% Rajasthan SDL (14/06/2027) 2.66%
7.21% Uttarakhand SDL (14/06/2027) 2.65% 2.90%
Growth `10.9609 `10.9262
7.62% Uttar Pradesh SDL (15/02/2027) 2.01%
IDCW `10.9613 `10.9268 7.52% Tamilnadu SDL (24/05/2027) 2.01%
7.61% Rajasthan SDL (29/03/2027) 2.01%
Quantitative: Debt 7.8% Chhattisgarh SDL (01/03/2027) 1.56%
8.34% Andhra Pradesh SDL
1.41%
Average Maturity 3.21 Yrs (30/05/2027)
8.05% Jammu And Kashmir SDL
                                2.75 Yrs 1.36%
Modified Duration (15/03/2027)
                                  2.85 Yrs 7.85% Bihar SDL (15/03/2027) 1.35%
Macaulay Duration
7.59% Bihar SDL (15/02/2027) 1.34%
Annualized Portfolio YTM* 7.56%
7.61% Uttar Pradesh SDL (26/04/2027) 1.34%
*In case of semi annual YTM, it will be annualized. 6.58% Gujarat SDL (31/03/2027) 1.31%
7.62% Tamilnadu SDL (29/03/2027) 0.77%
Expense Ratio 7.77% Kerala SDL (01/03/2027) 0.77%
Regular Plan 0.24% 7.64% West Bangal SDL (29/03/2027) 0.73% 97.10%
Direct Plan 0.17% 7.61% Telangana SDL (12/06/2027) 0.67%
7.46% Andhra Pradesh SDL
0.67%
(18/05/2027)
7.64% Kerala SDL (12/04/2027) 0.67%
State Government Bond Cash & Other Receivables
7.6% Jharkhand SDL (12/06/2027) 0.27%
7.71% Gujarat SDL (01/03/2027) 0.13%
7.63% West Bengal SDL (15/02/2027) 0.03%
State Government Bond Total 97.10%
Cash & Other Receivables Total 2.90%
Total 100.00%

Performance Report
Mirae Asset Nifty SDL Jun
Period Scheme Benchmark* Additional Benchmark**
2027 Index Fund
Last 1 Year 7.11% 7.56% 8.25%
Since Inception 4.93% 5.48% 5.33%
Value of Rs. 10000 invested
10,926 11,032 11,003
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.9262
Index Value 31st January, 2024 Index Value of benchmark is 1,109.61 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 30th March, 2022
Scheme Benchmark *Nifty SDL Jun 2027 Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Mahendra Jajoo & Mr. Amit Modani managing the scheme since 30th March, 2022 & since 16th January, 2023 respectively
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94, 95 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

55 MIRAE ASSET NIFTY SDL JUN 2027 INDEX FUND

MIRAE ASSET NIFTY AAA PSU BOND PLUS
SDL APR 2026 50:50 INDEX FUND
(An open-ended target maturity Index Fund investing in the constituents of Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index.
A scheme with relatively high interest rate risk and relatively low credit risk)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

State Government Bond
Fund Manager: 4.18%
Mr. Amit Modani 8.51% West Bangal SDL (10/02/2026) 6.71%
8.60% Bihar SDL (09/03/2026) 5.76%
Allotment Date: 20th October, 2022 8.27% Madhya Pradesh SDL
5.72%
(23/12/2025)
Benchmark: Nifty AAA PSU Bond Plus SDL
Apr 2026 50:50 Index 8.28% Karnataka SDL (06/03/2026) 4.78% 47.55%
8.21% Maharastra SDL (09/12/2025) 4.76%
Net AUM (`Cr. ) 106.45
6.99% Gujarat SDL (31/03/2026) 4.66%
Tracking Error Value ~ 0.57% 48.27%
~
1 Year Tracking Difference for Direct Plan is 8.51% Maharashtra SDL (09/03/2026) 3.84%
8.39% Andhra Pradesh SDL
Entry load: NA 3.59%
(27/01/2026)
Exit load: NIL 6.18% Gujarat SDL MD (31/03/2026) 2.29%

Plans Available: Regular and Direct Plan 8.69% Tamilnadu SDL (24/02/2026) 1.50%
8.65% Rajasthan SDL(24/02/2026) 1.30%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. 8.54% Bihar SDL (10/02/2026) 1.20%
Minimum Additional Application Amount: `1,000/- per SOV AAA Cash & Other Receivables
application and in multiples of `1/- thereafter. 8.53% Uttar Pradesh SDL (10/02/2026) 1.20%

8.67% Karnataka SDL (24/02/2026) 0.96%

Net Asset Value (NAV) State Government Bond Total 48.27% Overall Asset Allocation
Corporate Bond
Direct Regular
7.4% National Bank For Agriculture and 4.18%
9.32%
Growth `10.9268 `10.8927 Rural Development (30/01/2026) **
7.32% REC Ltd Sr 214A (28/02/2026) ** 7.92%
IDCW 7.58% Power Finance Corporation
`10.9268 `10.8935 5.62%
Limited (15/01/2026) **
9.09% Indian Railway Finance
Quantitative: Debt Corporation Limited (31/03/2026) **
4.83%
7.1% Export Import Bank of India
Average Maturity 2.01 Yrs 4.65%
(18/03/2026) ** 47.55%
Modified Duration 1.76 Yrs 6.18% Mangalore Refinery and
4.56% 48.27%
Petrochemicals Limited (29/12/2025) **
Macaulay Duration 1.86 Yrs
8.85% NHPC Limited (11/02/2026) ** 4.32%
Annualized Portfolio YTM* 7.63% 7.23% Small Industries Dev Bank of
3.25%
India (09/03/2026) **
*In case of semi annual YTM, it will be annualized.
5.6% Indian Oil Corporation Limited
3.08%
(23/01/2026) **
Expense Ratio
Corporate Bond Total 47.55%
Regular Plan 0.36%
Cash & Other Receivables Total 4.18%
Direct Plan 0.22% State Government Bond Corporate Bond
Total 100.00%

** Thinly Traded / Non Traded Security

Cash & Other Receivables

Performance Report
Mirae Asset Nifty AAA PSU
Period Bond Plus SDL Apr 2026 Scheme Benchmark* Additional Benchmark**
50:50 Index Fund
Last 1 Year 6.82% 7.46% 8.25%
Since Inception 6.90% 7.58% 8.79%
Value of Rs. 10000 invested
10,893 10,982 11,140
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.8927
Index Value 31st January, 2024 Index Value of benchmark is 1,102.00 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 20th October, 2022
Scheme Benchmark *Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Amit Modani managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

56 MIRAE ASSET NIFTY AAA PSU BOND PLUS SDL APR 2026 50:50 INDEX FUND
MIRAE ASSET CRISIL IBX GILT INDEX
- APRIL 2033 INDEX FUND
(An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index - April 2033.
A scheme with relatively high interest rate risk and relatively low credit risk)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Government Bond 4.30%
Fund Manager:
Mr. Amit Modani 7.26% GOI (06/02/2033) 60.84%

Allotment Date: 20th October, 2022 7.26% GOI (22/08/2032) 18.36%

Benchmark: CRISIL IBX Gilt Index - April 2033 7.95% GOI (28/08/2032) 11.22%

Net AUM (`Cr.) 223.11 8.32% GOI (02/08/2032) 5.28%

Tracking Error Value ~ 0.15% Government Bond Total 95.70%

~
1 Year Tracking Difference for Direct Plan is
Cash & Other Receivables Total 4.30%
Entry load: NA
Total 100.00%
Exit load: NIL

Plans Available: Regular and Direct Plan

Minimum Investment Amount 95.70%

`5,000/- and in multiples of `1/- thereafter.
Minimum Additional Application Amount: `1,000/- per
application and in multiples of `1/- thereafter. SOV Cash & Other Receivables

Net Asset Value (NAV)

Overall Asset Allocation
Direct Regular

Growth `11.1542 `11.1091 4.30%

IDCW `11.1521 `11.1098

Quantitative: Debt
Average Maturity 8.77 Yrs

Modified Duration 6.16 Yrs

Macaulay Duration 6.38 Yrs

Annualized Portfolio YTM* 7.30%

*In case of semi annual YTM, it will be annualized.

Expense Ratio
95.70%
Regular Plan 0.38%
Direct Plan 0.15%
Government Bond Cash & Other Receivables

Performance Report
Mirae Asset CRISIL IBX Gilt
Period Index - April 2033 Index Scheme Benchmark* Additional Benchmark**
Fund
Last 1 Year 8.01% 8.54% 8.25%
Since Inception 8.55% 9.11% 8.79%
Value of Rs. 10000 invested
11,109 11,182 11,140
(in Rs.) Since Inception
NAV as on 31st January, 2024 `11.1091
Index Value 31st January, 2024 Index Value of benchmark is 1,115.79 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 20th October, 2022
Scheme Benchmark *CRISIL IBX Gilt Index - April 2033
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Amit Modani managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

57 MIRAE ASSET CRISIL IBX GILT INDEX - APRIL 2033 INDEX FUND
MIRAE ASSET
NIFTY SDL JUNE 2028 INDEX FUND
(An open-ended target maturity Index Fund investing in the constituents of Nifty SDL June 2028 Index. A scheme with
relatively high interest rate risk and relatively low credit risk)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

State Government Bond
Fund Manager: 4.13%
Mr. Mahendra Jajoo 8.44% Rajasthan SDL (07/03/2028) 18.90%

Allotment Date: 31st March, 2023 6.98% Maharashtra SDL (26/02/2028) 18.02%

Benchmark: Nifty SDL June 2028 Index 8.45% Uttar Pradesh SDL (27/06/2028) 12.64%

Net AUM (`Cr.) 82.09 8.32% Tamilnadu SDL (23/05/2028) 12.58%

Tracking Error Value ~ 1.28% 6.99% Telangana SDL (10/06/2028) 10.80%

~
1 Year Tracking Difference for Direct Plan is
8.15% Bihar SDL (27/03/2028) 6.24%
Entry load: NA
7.49% Gujarat SDL (29/03/2028) 6.11%
Exit load: NIL
8.2% Uttarakhand SDL (09/05/2028) 5.01%
Plans Available: Regular and Direct Plan
7.7% Andhra Pradesh SDL (01/03/2028) 4.05%
Minimum Investment Amount 95.87%
`5,000/- and in multiples of `1/- thereafter. 8.35% Gujarat SDL (28/02/2028) 1.13%
Minimum Additional Application Amount: `1,000/- per
8.4% Rajasthan SDL (20/06/2028) 0.13%
application and in multiples of `1/- thereafter. SOV Cash & Other Receivables
8.62% punjab SDL (13/06/2028) 0.13%

Net Asset Value (NAV) 8.4% Rajasthan SDL (06/06/2028) 0.13%

State Government Bond Total 95.87%

Overall Asset Allocation
Direct Regular
Cash & Other Receivables Total 4.13% 4.13%
Growth `10.6268 `10.5930
Total 100.00%
IDCW `10.6268 `10.5932

Quantitative: Debt
Average Maturity 4.13 Yrs

Modified Duration 3.39 Yrs

Macaulay Duration 3.52 Yrs

Annualized Portfolio YTM* 7.54%

*In case of semi annual YTM, it will be annualized.

Expense Ratio
95.87%
Regular Plan 0.49%
Direct Plan 0.13%
State Government Bond Cash & Other Receivables

Performance Report
Mirae Asset Nifty SDL
Period Scheme Benchmark* Additional Benchmark**
June 2028 Index Fund
6 Months (Annualized) 6.65% 7.22% 6.57%
Since Inception (Annualized) 7.11% 7.68% 7.90%
Value of Rs. 10000 invested
10,593 10,640 10,659
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.5930
Index Value 31st January, 2024 Index Value of benchmark is 1,074.71 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 31st March, 2023
Scheme Benchmark *Nifty SDL June 2028 Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Mahendra Jajoo managing the scheme since 31st March, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 93, 94 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

58 MIRAE ASSET NIFTY SDL JUNE 2028 INDEX FUND

Mirae Asset Hybrid Snapshot
January 2024

Mirae Asset Mirae Asset Mirae Asset Mirae Asset Balanced

Fund Name
Aggressive Hybrid Fund Equity Savings Fund Arbitrage Fund Advantage Fund
formerly known as Mirae Asset
Hybrid Equity Fund

Aggressive Hybrid Fund - An Equity Savings Fund - An Arbitrage Fund - An Balanced

Type of Scheme Advantage Fund - An
open ended hybrid scheme open ended scheme open ended scheme
investing predominantly in investing in equity, investing in open ended dynamic
equity & equity related arbitrage and debt arbitrage asset allocation fund
instruments opportunities

Crisil Hybrid Nifty Equity Savings Nifty 50 Arbitrage Nifty 50 Hybrid Composite
Benchmark Index Debt 50:50 Index
35+65-Aggressive Index Index Index

Mr. Harshad Borawake (Equity portion) Mr. Jignesh Rao (Equity portion),
Mr. Harshad Borawake (Equity Portion) Mr. Harshad Borawake
Fund Manager Mr. Vrijesh Kasera (Equity portion) Mr. Jigar Sethia(Equity portion),
Mr. Vrijesh Kasera (Equity Portion) Mr. Mahendra Jajoo
Ms. Bharti Sawant (Equity portion) Mr. Abhishek Iyer (Debt portion)
Mr. Mahendra Jajoo (Debt Portion)
Mr. Mahendra Jajoo (Debt portion)

Inception Date 29th July, 2015 18th December, 2018 19th June, 2020 11th Aug, 2022

Net AUM ` Crores 8,350.29 868.20 1,023.92 1,492.67

Asset Allocation 73.36% 38.86% - 51.95%

Unhedged Equity (%)

Asset Allocation 0.34% 30.84% 76.38% 16.76%

Arbitrage (%)

Asset Allocation
Debt & Money 26.30% 30.30% 23.62% 31.29%
Portfolio Details

Market & others (%)

Large Cap$ 56.31% 27.55% 43.50% 39.09%

Mid Cap$ 6.51% 4.33% 21.08% 4.27%

Small Cap$ 10.54% 6.98% 11.49% 8.59%

No. of Stocks 67 102 107 Hedge Equities 97

Top 10 Stocks 35.13% 23.60% 15.35% 25.73%

Top 5 Sectors 37.80% 32.20% 26.93% 34.67%

Average Maturity (Years) 3.57 2.54 0.19 3.44

Debt Ratios

Modified Duration (Years) 2.62 1.99 0.19 2.62

Macaulay Duration (Years) 2.75 2.07 0.19 2.75

YTM 7.58% 7.08% 7.11% 7.50%

Volatility 9.65% 5.49% - -

Beta 1.00 1.02 - -

Equity Ratios

R Squared 0.91 0.83 - -

Sharpe Ratio 0.87 0.84 - -

Information Ratio 0.21 0.62 - -

$ Market Cap classifications are according to the half yearly data provided by AMFI Data as on 31st January 2024
59
MIRAE ASSET
AGGRESSIVE HYBRID FUND*
formerly known as Mirae Asset Hybrid Equity Fund
(Aggressive Hybrid Fund - An open ended hybrid scheme investing predominantly in equity and
equity related instruments)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Allocation - Top 10 Sectors^

Equity Shares ^Industrywise classification as recommended by AMFI
Fund Managers:
Mr. Harshad Borawake, Mr. Vrijesh Kasera, HDFC Bank Limited 5.80% Banks 19.61%
(Equity Portion) &Mr. Mahendra Jajoo (Debt Portion) ICICI Bank Limited 5.19%
IT - Software 6.68%
Allotment Date: 29th July, 2015 Reliance Industries Limited 4.49%
Petroleum Products 4.49%
Benchmark: CRISIL Hybrid 35+65 - Infosys Limited 3.84%
Aggressive Index
State Bank of India 3.65% Automobiles 3.62%
Net AUM (`Cr.) 8,350.29 Axis Bank Limited 3.21% Consumer Durables 3.40%
Entry load: NA Larsen & Toubro Limited 2.62% Pharma & Biotech 3.26%
Exit load: Please refer Page no.21 NTPC Limited 2.37%
Diversified FMCG 2.94%
Plans Available: Regular and Direct Plan Bharti Airtel Limited 2.02%
Construction 2.62%
ITC Limited 1.94%
Minimum Investment Amount
Finance 2.53%
`5,000/- and in multiples of `1/- thereafter. Other Equities 38.23%
Minimum Additional Application Amount: `1,000/- per Power
Equity Holding Total 73.36% 2.37%
application and in multiples of `1/- thereafter.
Corporate Bond Total 11.08% Others 21.84%
Net Asset Value (NAV) Government Bond Total 7.14%
0% 10% 20% 30% 40%
Commercial Paper Total 3.30%
Direct Regular
Certificate of Deposit Total 1.23% Overall Asset Allocation
Growth `31.096 `27.177
IDCW `20.766 `17.377 State Government Bond Total 0.78%
0.34%
REIT Total 0.75%
Ratios@ (Annualised)
Zero Coupon Bond Total 0.65%
Volatility 9.65% 26.30%
Equity Futures Total 0.34%
Beta 1.00
R Squared                              0.91 Reduced Face Value Bonds Total 0.18%
Sharpe Ratio# 0.87 Cash & Other Receivables Total 1.19%
Information Ratio 0.21
Total 100.00% 73.36%
Portfolio Turnover Ratio 0.55 times
Please refer page no.102 for details

Quantitative: Debt
Average Maturity 3.57 Yrs
Modified Duration 2.62 Yrs
Macaulay Duration   2.75 Yrs Equity Holding Debt & Others Arbitrage
Annualized Portfolio YTM* 7.58%
*In case of semi annual YTM, it will be annualized. Performance Report
Expense Ratio Period
Mirae Asset Aggressive
Scheme Benchmark* Additional Benchmark**
Hybrid Fund
Regular Plan 1.72% Last 1 year 22.54% 22.40% 22.10%
Direct Plan 0.38% Last 3 years 15.39% 15.06% 17.15%
Income Distribution cum capital Last 5 years 14.25% 14.63% 16.01%
withdrawal Since Inception 12.46% 12.24% 13.25%
Regular Plan Value of Rs. 10000 invested
27,177 26,729 28,854
Face (in Rs.) Since Inception
Record Quantum NAV
Value NAV as on 31st January, 2024 `27.177
Date (` per unit) (` per unit)
(` per unit)
Index Value 31st January, 2024 Index Value of Scheme benchmark is 17,735.72 and S&P BSE Sensex (TRI) is 1,09,947.70
14-Feb-23 1.25 10.00 15.490 Allotment Date 29th July, 2015
Direct Plan Scheme Benchmark *CRISIL Hybrid 35+65 -Aggressive Index
Face
Record Quantum NAV Additional Benchmark **S&P BSE Sensex (TRI)
Value
Date (` per unit) (` per unit)
(` per unit) Fund managers: Mr. Harshad Borawake (Equity Portion) (April 01, 2020), Vrijesh Kasera (Equity Portion) (Since April 01, 2020) & Mr. Mahendra Jajoo (Debt Portion)
(since September 08, 2016) respectively.
14-Feb-23 1.50 10.00 18.300 Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Refer to IDCW History (Page no. 101) for complete IDCW history
of the scheme
Pursuant to payment of IDCW the NAV of the IDCW SIP Performance
option of the scheme will fall to the extent of payout and Period Since Inception 7 Years 5 Years 3 Years 1 Year
statutory levy (if any).
IDCW history is for Mirae Asset Aggressive Hybrid Fund - Total Amount Invested 10,20,000 8,40,000 6,00,000 3,60,000 1,20,000
Regular & Direct Plan - IDCW Option
MKT Value as on 31st Jan, 2024 18,58,769 13,80,668 8,86,208 4,45,899 1,36,643
Fund Return& (%) 13.69 13.94 15.59 14.39 26.59
Benchmark Return& (%) 13.74 14.15 15.75 14.76 27.27
Add. Benchmark Return& (%) 15.59 16.01 17.56 15.44 25.27
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund managers are given in the respective page of the schemes and on page No.
91, 93, 94 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.
*Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023

60 MIRAE ASSET AGGRESSIVE HYBRID FUND

MIRAE ASSET
BALANCED ADVANTAGE FUND
(Balanced Advantage Fund - An open-ended Dynamic Asset Allocation Fund)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Managers: HDFC Bank Limited 4.36% ^Industrywise classification as recommended by AMFI
Mr. Harshad Borawake & Mr. Mahendra Jajoo ICICI Bank Limited 4.17%
Reliance Industries Limited 3.03%
Banks 16.06%
Allotment Date: 11th Aug, 2022
State Bank of India 2.97% IT - Software 5.75%
Benchmark: Nifty 50 Hybrid Composite Debt Infosys Limited 2.79%
50:50 Index Larsen & Toubro Limited 2.25% Finance 4.86%
Axis Bank Limited 1.77%
Net AUM (`Cr.) 1,492.67 ITC Limited 1.51% Pharma & Biotech 4.06%
Entry load: NA Tata Motors Limited 1.48% Automobiles 3.94%
Sun Pharmaceutical Industries Limited 1.40%
Exit load: Please refer Page no.21 Other Equities 42.98% Petroleum Products 3.65%
Equity Holding Total 68.71%
Plans Available: Regular and Direct Plan Diversified FMCG 2.67%
Government Bond
Minimum Investment Amount 7.38% GOI (20/06/2027) 4.74% Ferrous Metals 2.51%
`5,000/- and in multiples of `1/- thereafter. 6.54% GOI (17/01/2032) 3.22%
Minimum Additional Application Amount: `1,000/- per 7.18% GOI (14/08/2033) 3.02% Construction 2.25%
application and in multiples of `1/- thereafter.
7.26% GOI (06/02/2033) 0.67%
Retailing 1.91%
Government Bond Total 11.65%
Net Asset Value (NAV) Corporate Bond Others 21.05%
7.4% HDFC Bank Limited (02/06/2025) 1.66%
Direct Regular 7.38% Cholamandalam Investment 0% 10% 20% 30% 40%
Growth `12.469 `12.208 and Finance Company Ltd (MD 1.66%
31/07/2024) **
IDCW 5.23% National Bank For Agriculture
`12.464 `12.205
and Rural Development (31/01/2025)
1.63% Overall Asset Allocation
Ratios (Annualised)
@ Others 7.21%
Corporate Bond Total 12.16% 16.76%
Portfolio Turnover Ratio 2.71 times Cash and cash equivalents
7.48% 51.95%
(Net of Futures)
Please refer page no.102 for details
Since the fund has not completed 3 Years other ratios are Total 100.00%
not applicable. % to Net
Name of the Instrument
Assets
Quantitative: Debt Derivatives
Index / Stock Futures
Average Maturity 3.44 Yrs Canara Bank -0.01%
Container Corporation of India Limited -0.07% 31.29%
Modified Duration 2.62 Yrs
Ashok Leyland Limited -0.09%
Macaulay Duration         2.75 Yrs Others -16.59%
Annualized Portfolio YTM* 7.50% Total -16.76%

*In case of semi annual YTM, it will be annualized.

Expense Ratio Equity Holding Debt & Others Arbitrage

Regular Plan 2.10%
Direct Plan 0.69% Performance Report
Mirae Asset Balanced
Period Scheme Benchmark* Additional Benchmark**
AdvantageFund
Last 1 year 20.90% 15.95% 24.35%
Since Inception 14.49% 11.73% 16.13%
Value of Rs. 10000 invested
12,208 11,777 12,466
(in Rs.) Since Inception
NAV as on 31st January, 2024 `12.208
Index Value 31st January, 2024 Index Value of benchmark is 14,046.87 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 11th Aug, 2022
Scheme Benchmark *Nifty 50 Hybrid Composite Debt 50:50 Index
Additional Benchmark **Nifty 50 Index (TRI)
Fund manager : Mr. Harshad Borawake & Mr. Mahendra Jajoo both managing the scheme since 11th August, 2022 respectively
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

SIP Performance
Period Since Inception 1 Year
Total Amount Invested 1,70,000 1,20,000
MKT Value as on 31st Jan, 2024 1,95,210 1,34,879
Fund Return& (%) 19.84 23.68
Benchmark Return& (%) 15.44 18.28

Past Performance may or may not be sustained in future. Add. Benchmark Return (%) &
23.52 29.61
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 93, 94 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.
61 MIRAE ASSET BALANCED ADVANTAGE FUND
MIRAE ASSET
EQUITY SAVINGS FUND
(Equity Savings Fund - An open ended scheme investing in equity, arbitrage and debt)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Managers: HDFC Bank Limited 3.64% ^Industrywise classification as recommended by AMFI
Mr. Harshad Borawake, Mr. Vrijesh Kasera, ICICI Bank Limited 3.23%
Ms. Bharti Sawant (Equity portion) &
Banks 13.95%
Reliance Industries Limited 2.99%
Mr. Mahendra Jajoo (Debt portion) State Bank of India 2.46% IT - Software 5.68%
Infosys Limited 2.41%
Allotment Date: 18th Dec, 2018 Larsen & Toubro Limited 2.07% Pharma & Biotech 4.70%
Axis Bank Limited 1.79%
Benchmark: Nifty Equity Savings Index Petroleum Products 4.14%
Tata Motors Limited 1.76%
Net AUM (`Cr.) 868.20 Sun Pharmaceutical Industries Limited 1.64% Finance 3.73%
Tata Consultancy Services Limited 1.61%
Entry load: NA Other Equities 46.10% Ferrous Metals 2.92%
Exit load: Please refer Page no.21 Equity Holding Total 69.70% Consumer Durables 2.81%
Government Bond
Plans Available: Regular and Direct Plan 7.38% GOI (20/06/2027) 2.91% Automobiles 2.77%
Minimum Investment Amount 5.63% GOI (12/04/2026) 2.80%
Diversified FMCG 2.27%
`5,000/- and in multiples of `1/- thereafter. Others 8.56%
Minimum Additional Application Amount: `1,000/- per Government Bond Total 14.27% Insurance 2.10%
application and in multiples of `1/- thereafter. Corporate Bond
Others 24.63%
9% Shriram Finance Ltd
0.86%
(24/06/2024) **
Net Asset Value (NAV) 7.85% Bajaj Housing Finance Ltd
0% 10% 20% 30% 40%
0.86%
(01/09/2028) **
Direct Regular
6.92% REC Ltd (20/03/2032) ** 0.55% Overall Asset Allocation
Growth `18.460 `17.494 Corporate Bond Total 2.27%
IDCW `14.428 `13.538 Treasury Bill 38.86%
182 Days Tbill (08/02/2024) 0.58% 30.84%
Ratios@ (Annualised) 182 Days Tbill (16/02/2024) 0.57%
Volatility 5.49% Treasury Bill Total 1.15%
Beta 1.02 Cash and cash equivalents
12.61%
(Net of Futures)
R Squared 0.83
Total 100.00%
Sharpe Ratio# 0.84
% to Net
Information Ratio 0.62 Name of the Instrument
Assets
Portfolio Turnover Ratio 4.84 times Derivatives
Please refer page no.102 for details Index / Stock Futures
Dalmia Bharat Limited -0.11%
Quantitative: Debt PI Industries Limited -0.12%
30.30%
Others -30.61%
Average Maturity 2.54 Yrs
Total -30.84%
Modified Duration 1.99 Yrs
**Thinly Traded / Non Traded Security Equity Holding Debt & Others Arbitrage
Macaulay Duration          2.07 Yrs
Annualized Portfolio YTM* 7.08% Performance Report
*In case of semi annual YTM, it will be annualized. Mirae Asset Equity
Period Scheme Benchmark* Additional Benchmark**
Savings Fund
Expense Ratio Last 1 year 16.38% 13.69% 8.25%

Regular Plan 1.29% Last 3 Years 11.59% 10.07% 3.35%

Last 5 Years 11.72% 10.04% 5.98%
Direct Plan 0.31%
Since Inception 11.53% 9.88% 5.98%
Income Distribution cum capital
Value of Rs. 10000 invested
withdrawal (in Rs.) Since Inception
17,494 16,212 13,468

Regular Plan NAV as on 31st January, 2024 `17.494

Face Index Value 31st January, 2024 Index Value of Scheme benchmark is 5,506.72 and CRISIL 10 Year Gilt Index is 4,477.17
Record Quantum NAV
Value
Date (` per unit) (` per unit) Allotment Date 18th Dec, 2018
(` per unit)
Scheme Benchmark *Nifty Equity Savings Index
14-Feb-23 1.05 10.00 12.730
Additional Benchmark **CRISIL 10 Year Gilt Index
Direct Plan
Face Fund managers : Mr. Harshad Borawake (since October 12, 2019), Mr. Vrijesh Kasera (since October 12, 2019), Ms. Bharti Sawant (since
Record Quantum NAV December 28, 2020) and Mr. Mahendra Jajoo (Debt Portion) (since December 18, 2018) respectively.
Value
Date (` per unit) (` per unit) Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
(` per unit) Latest available NAV has been taken for return calculation wherever applicable
14-Feb-23 1.10 10.00 13.430

Refer to IDCW History (Page no. 101) for complete IDCW history
SIP Performance
of the scheme Period Since Inception 5 Years 3 Years 1 Year
Pursuant to payment of IDCW the NAV of the IDCW
option of the scheme will fall to the extent of payout and Total Amount Invested 6,10,000 6,00,000 3,60,000 1,20,000
statutory levy (if any).
MKT Value as on 31st Jan, 2024 8,32,718 8,15,294 4,26,056 1,31,830
IDCW history is for MAESF - Regular & Direct Plan - IDCW Option
Fund Return& (%) 12.18 12.21 11.24 18.71
Benchmark Return& (%) 10.38 10.40 9.97 15.34
Add. Benchmark Return& (%) 4.88 4.84 5.26 7.63
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 91, 93, 94, 95 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option &The SIP returns are calculated by XIRR approach assuming
investment of 10,000/- on the 1st working day of every month.
62 MIRAE ASSET EQUITY SAVINGS FUND
MIRAE ASSET
ARBITRAGE FUND
(Arbitrage Fund - An open ended scheme investing in arbitrage opportunities)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Managers: Asian Paints Limited 2.32% ^Industrywise classification as recommended by AMFI
Mr. Jignesh Rao, (Equity portion) Balrampur Chini Mills Limited 1.66%
Mr. Jigar Sethia, (Equity portion) & NTPC Limited 1.56% Banks 9.88%
Mr. Abhishek Iyer (Debt portion) Hindustan Aeronautics Limited 1.56%
State Bank of India 1.47% Finance 5.43%
Allotment Date: 19th June, 2020 Vodafone Idea Limited 1.44%
Bandhan Bank Limited 1.38% Automobiles 4.05%
Benchmark: Nifty 50 Arbitrage Index ITC Limited 1.37%
Adani Enterprises Limited 1.33% Pharmaceuticals &… 3.87%
Net AUM (`Cr.) 1,023.92 National Aluminium Company Limited 1.26%
Other Equities 60.72% Telecom - Services 3.70%
Entry load: NA Equity Holding Total 76.07%
Cement & Cement… 3.54%
Treasury Bill
Exit load:# 0.25% if redeemed or switched out with in
91 Days Tbill (14/03/2024) 1.45% Consumer Durables
15 days from the date of allotment, Nil after 15 days 2.98%
91 Days Tbill (08/02/2024) 0.98%
182 Days Tbill (29/02/2024) 0.97% Non - Ferrous Metals 2.77%
Plans Available: Regular and Direct Plan
Others 7.19%
Minimum Investment Amount Treasury Bill Total 10.59% Insurance 2.68%
`5,000/- and in multiples of `1/-thereafter. Government Bond
Minimum Additional Application Amount: `1,000/- per 6.18% GOI (04/11/2024) 1.46% Personal Products 2.56%
application and in multiples of `1/- thereafter. Government Bond Total 1.46%
Certificate of Deposit Others 34.61%
Canara Bank (26/03/2024) ** # 1.45%
Punjab National Bank (16/02/2024) # 0.97% 0% 10% 20% 30% 40%
Net Asset Value (NAV) Certificate of Deposit Total 2.42%
Commercial Paper
Direct Regular Motilal Oswal Financial Services
Limited (15/03/2024) **
0.97% Overall Asset Allocation
Growth `12.140 `11.835 Others 1.44%
Commercial Paper Total 2.41%
IDCW `12.124 `11.835 Mutual Fund Units 76.38%
Mirae Asset Liquid Fund-Direct-Growth 0.50%
Mutual Fund Units Total 0.50% 23.62%
Ratios@ (Annualised)
Cash and cash equivalents
6.55%
Portfolio Turnover Ratio 24.50 times (Net of Futures)
Total 100.00%
Please refer page no.102 for details % to Net
Name of the Instrument
Assets
Derivatives
Index / Stock Futures
Quantitative: Debt Alkem Laboratories Limited -0.01%
PI Industries Limited -0.04%
Average Maturity                             0.19 Yrs
Hindustan Petroleum
-0.05%
Modified Duration 0.19 Yrs Corporation Limited
Others -76.28%
Macaulay Duration     0.19 Yrs Total -76.38%
Annualized Portfolio YTM* 7.11% **Thinly Traded / Non Traded Security #Unlisted Security
Arbitrage Debt & Others
*In case of semi annual YTM, it will be annualized.

Performance Report
Expense Ratio
Mirae Asset
Regular Plan 0.90% Period Scheme Benchmark* Additional Benchmark**
Arbitrage Fund
Direct Plan 0.16% Last 1 year 7.67% 8.45% 6.91%
Last 3 years 5.13% 5.72% 4.99%
Since Inception 4.77% 5.03% 4.72%
Value of Rs. 10000 invested
11,835 11,944 11,817
(in Rs.) Since Inception
NAV as on 31st January, 2024 `11.835
Index Value 31st January, 2024 Index Value of Scheme benchmark is 2,273.58 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 19th June, 2020
Scheme Benchmark * Nifty 50 Arbitrage Index
Additional Benchmark ** CRISIL 1 Year T-Bill
Fund manager : Mr. Jignesh Rao (since June 19, 2020), Mr. Jigar Sethia (since June 19, 2020) and Mr. Abhishek Iyer (Debt Portion) (since January
16, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

SIP Performance
Period Since Inception 3 Years 1 Year
Total Amount Invested 4,30,000 3,60,000 1,20,000
MKT Value as on 31st Jan, 2024 4,76,324 3,94,133 1,24,892
#
As per notice cum addendum no. 56/2023 Change in exit load of Fund Return& (%) 5.65 5.97 7.62
Mirae Asset Arbitrage Fund. Please visit the website for more details
https://www.miraeassetmf.co.in/downloads/statutory-disclosure/ Benchmark Return& (%) 6.13 6.47 8.28
addendum
Past Performance may or may not be sustained in future. Add. Benchmark Return (%) &
5.46 5.75 7.02
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92 & 95.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
&
The SIP returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month.

63 MIRAE ASSET ARBITRAGE FUND

MIRAE ASSET
NIFTY 50 ETF (NSE Symbol : NIFTYETF, BSE Code: 542131)
(An open ended scheme replicating/tracking Nifty 50 Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh HDFC Bank Limited 11.57%
Reliance Industries Limited 10.16%
Allotment Date: 20th Nov, 2018 Banks 28.76%
ICICI Bank Limited 7.59%
Benchmark: Nifty 50 Index (TRI) IT - Software 14.19%
Infosys Limited 6.24%
Net AUM (`Cr.) 2,116.73 Petroleum Products 10.66%
Larsen & Toubro Limited 4.33%
Tracking Error Value ~ 0.04%
~
1 Year Tracking Error is ITC Limited 4.12%
Automobiles 6.71%

Entry load: NA Tata Consultancy Services Limited 4.07% Diversified FMCG 6.45%
Bharti Airtel Limited 3.12%
Exit load: Please refer page no.22 Construction 4.33%
Axis Bank Limited 3.12%
Plans Available: The Scheme does not offer any plan/ Pharma & Biotech 3.63%
option for investment Kotak Mahindra Bank Limited 2.82%
Others 42.85% Telecom - Services 3.12%
Minimum Investment Amount^
Market Maker: Application for subscription of Units Equity Holding Total 99.99%
Consumer Durables 3.02%
directly with the Fund in Creation Unit Size at NAV
based prices in exchange of Portfolio Deposit and Cash Cash & Other Receivables 0.01%
Finance 2.94%
Component. Total 100.00%
Others 16.18%
Large Investors: Minimum amount of `25 crores for
transacting directly with the AMC.
0% 10% 20% 30% 40%
Other investors (including Market Maker, Large
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the How to trade in ETF ?
trading hours on all trading days on the NSE and BSE on
which the Units are listed.
Retail Investors Large Investors
On exchange (in multiple of 1 units), Directly with AMC or
Market Maker (in multiple of 50,000 units)

Cash or basket of Index

Net Asset Value (NAV) Stock in creation unit size
(Minimum transaction value
`229.2799 (Per Unit)
of 25 Cr.)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited Buyer and ETF Units
Seller of
Others ETF units

Live iNav is updated on Mirae Asset Mutual Fund website.

NSE Symbol : NIFTYETF
BSE Code: 542131 Mutual Fund
Bloomberg Code: NIFTYETF IN Equity
Reuters Code: MIRA.NS
Stock Exchange

Expense Ratio: 0.05%

Performance Report
Period Mirae Asset Nifty 50 ETF Scheme Benchmark*
Last 1 year 24.31% 24.35%
Last 3 years 18.12% 18.19%
Last 5 years 16.17% 16.30%
Since Inception 15.88% 16.01%
Value of Rs. 10000 invested
21,520 21,648
(in Rs.) Since Inception
NAV as on 31st January, 2024 `229.2799
Index Value 31st January, 2024 Index Value of benchmark is 31,939.59
Allotment Date 20th November, 2018
Scheme Benchmark *Nifty 50 Index (TRI)
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since December 28, 2020 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `106.562. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

64 MIRAE ASSET NIFTY 50 ETF

MIRAE ASSET
NIFTY NEXT 50 ETF (NSE Symbol : NEXT50, BSE Code: 542922)
( An open ended scheme replicating/tracking Nifty Next 50 Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager:
^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh Shriram Finance Limited 4.12%

Trent Limited 4.09%

Finance 10.08%
Allotment Date: 24th Jan, 2020
Bharat Electronics Limited 4.00% Retailing 9.71%
Benchmark: Nifty Next 50 Index (TRI)
Tata Power Company Limited 3.96%
Net AUM (`Cr.) 161.51 Aerospace & Defense 7.37%
Hindustan Aeronautics Limited 3.37%
Tracking Error Value ~ 0.06% Personal Products 7.01%
~
1 Year Tracking Error is Indian Oil Corporation Limited 3.24%
Banks 6.75%
Entry load: NA DLF Limited 3.10%
Cholamandalam Investment and Power 6.28%
Exit load: Please refer page no.22 2.87%
Finance Company Ltd
Plans Available: The Scheme does not offer any plan/ Cement Products 4.76%
TVS Motor Company Limited 2.80%
option for investment
GAIL (India) Limited 2.79% Chemicals & Petro 4.35%
Minimum Investment Amount^
Others 65.69% Insurance 4.08%
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV Equity Holding Total 100.03%
based prices in exchange of Portfolio Deposit and Cash Electrical Equipment 3.70%
Component. Cash & Other Receivables -0.03%
Others 35.94%
Large Investors: Minimum amount of `25 crores for Total 100.00%
transacting directly with the AMC. 0% 20% 40% 60%
Other investors (including Market Maker, Large
Investors and Regulated Entities): Units of the How to trade in ETF ?
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
Retail Investors Large Investors
which the Units are listed.

On exchange (in multiple of 1 units), Directly with AMC or

Market Maker (in multiple of 10,000 units)
Cash or basket of Index
Stock in creation unit size
Net Asset Value (NAV) (Minimum transaction value
of 25 Cr.)
`559.5669 (Per Unit)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited Buyer and ETF Units
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Seller of
ETF units
Others
Live iNav is updated on Mirae Asset Mutual Fund website. Mutual Fund
NSE Symbol : NEXT50
BSE Code: 542922 Stock Exchange
Bloomberg Code: NEXT50 IN Equity
Reuters Code: MIRA.NS

Expense Ratio: 0.14% Performance Report

Mirae Asset Nifty Scheme Additional
Period
Next 50 ETF Benchmark* Benchmark*
Last 1 year 41.54% 41.92% 22.10%
Last 3 years 21.03% 21.30% 17.15%
Since Inception 17.60% 18.24% 15.90%
Value of Rs. 10000 invested
19,194 19,616 18,099
(in Rs.) Since Inception
NAV as on 31st January, 2024 `559.5669
Index Value 31st January, 2024 Index Value of benchmark is 78,228.92 and of additional benchmark is 1,09,947.70
Allotment Date 24th January, 2020
Scheme Benchmark *Nifty Next 50 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since December 28, 2020 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `291.538. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

65 MIRAE ASSET NIFTY NEXT 50 ETF

MIRAE ASSET NIFTY 100 ESG SECTOR
LEADERS ETF (NSE Symbol : ESG, BSE Code: 543246)
( An open ended scheme replicating/tracking Nifty 100 ESG Sector Leaders Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Allocation - Top 10 Sectors^

Equity Shares ESG Score^
Fund Manager: Reliance Industries Limited 10.47% 69.00 ^Industrywise classification as recommended by AMFI
HDFC Bank Limited 8.48% 79.80
Ms. Ekta Gala & Mr. Akshay Udeshi ICICI Bank Limited 7.83% 76.60
Infosys Limited 6.43% 82.40
Allotment Date: 17th November 2020 Larsen & Toubro Limited 4.46% 71.00 Banks 23.54%
Tata Consultancy Services Limited 4.19% 73.80
Benchmark: NIFTY 100 ESG Sector Leaders Index (TRI) Axis Bank Limited 3.22% 81.60 IT - Software 14.60%
Bharti Airtel Limited 3.21% 74.90

Net AUM 134.63

Kotak Mahindra Bank Limited
Hindustan Unilever Limited
2.91%
2.40%
82.30
72.20
Petroleum Products 11.06%
Bajaj Finance Limited 2.07% 76.10
Tracking Error Value ~ 0.11% HCL Technologies Limited 1.81% 79.60 Automobiles 6.48%
~
1 Year Tracking Error is Tata Motors Limited 1.69% 76.90
Titan Company Limited 1.67% 74.00 Power 4.65%
Sun Pharmaceutical Industries Limited 1.66% 64.30
Entry load: NA NTPC Limited 1.64% 66.10
Mahindra & Mahindra Limited 1.60% 72.40
Construction 4.46%
Exit load: Please refer page no.22 Maruti Suzuki India Limited 1.46% 68.50
Asian Paints Limited 1.45% 76.10 Pharma & Biotech 4.21%
Plans Available: The Scheme does not offer any plan/ Power Grid Corporation of India Limited 1.28% 61.30
option for investment UltraTech Cement Limited 1.27% 72.80 Finance 3.94%
Tata Steel Limited 1.20% 69.60
IndusInd Bank Limited 1.10% 80.40
Minimum Investment Amount^ Nestle India Limited 0.97% 74.20
Telecom - Services 3.21%
Market Maker: Application for subscription of Units Bajaj Finserv Limited 0.96% 77.20
directly with the Fund in Creation Unit Size at NAV Adani Ports and Special Economic Zone Limited 0.96% 74.10 Consumer Durables 3.12%
Tech Mahindra Limited 0.90% 81.00
based prices in exchange of Portfolio Deposit and Cash
Component.
Adani Enterprises Limited 0.89% 65.60 Others 20.24%
Grasim Industries Limited 0.87% 67.40
JSW Steel Limited 0.85% 69.60
Large Investors: Minimum amount of `25 crores for Dr. Reddy's Laboratories Limited 0.81% 74.60
0% 10% 20% 30% 40%
Zomato Limited 0.80% 69.60
transacting directly with the AMC. Cipla Limited 0.77% 71.10
Trent Limited 0.74% 69.80
Other investors (including Market Maker, Large Tata Consumer Products Limited 0.73% 66.30
Wipro Limited 0.73% 81.00
Investors and Regulated Entities): Units of the
Tata Power Company Limited 0.72% 72.00
Scheme can be subscribed (in lots of 1 Unit) during the Adani Green Energy Limited 0.66% 66.20
trading hours on all trading days on the NSE and BSE on HDFC Life Insurance Company Limited 0.66% 74.80
which the Units are listed. Hero MotoCorp Limited 0.65% 77.00
Avenue Supermarts Limited 0.62% 64.90
Indian Oil Corporation Limited 0.59% 69.60
On exchange (in multiple of 1 units), Directly with AMC or Eicher Motors Limited 0.57% 73.20
Market Maker (in multiple of 2,50,000 units) DLF Limited 0.56% 68.30
LTIMindtree Limited 0.54% 78.40
Cholamandalam Investment and Finance
0.52% 79.10
Company Limited
Net Asset Value (NAV) Divi's Laboratories Limited 0.51% 73.20
TVS Motor Company Limited 0.51% 72.60
GAIL (India) Limited 0.50% 73.30
`36.0093 (Per Unit) Godrej Consumer Products Limited 0.48% 74.80
InterGlobe Aviation Limited 0.46% 72.20

Market Makers
Info Edge (India) Limited 0.42% 70.60
ICICI Lombard General Insurance Company Ltd 0.42% 75.40
Pidilite Industries Limited 0.42% 66.20
Shree Cement Limited 0.41% 66.20
Mirae Asset Capital Markets (India) Private Limited
Siemens Limited 0.40% 66.50
East India Securities Limited Colgate Palmolive (India) Limited 0.37% 73.50
Kanjalochana Finserve Private Limited Adani Energy Solutions Limited 0.35% 69.20
Parwati Capital Market Private Limited Dabur India Limited 0.34% 77.10
Indian Railway Catering And Tourism Corporation
0.32% 67.60
Limited
Others Adani Total Gas Limited 0.30% 74.40
Jindal Steel & Power Limited 0.30% 69.80
Marico Limited 0.30% 74.80
Live iNav is updated on Mirae Asset Mutual Fund website. PI Industries Limited 0.29% 69.90
NSE Symbol : ESG UPL Limited 0.29% 69.60
BSE Code: 543246 ABB India Limited 0.27% 68.30
Bloomberg Code: ESG IN Equity Torrent Pharmaceuticals Limited 0.25% 70.00
Reuters Code: MIRA.NS SBI Cards and Payment Services Limited 0.23% 78.30
Bosch Limited 0.22% 70.00
Zydus Lifesciences Limited 0.21% 70.30
Expense Ratio: 0.58% ICICI Prudential Life Insurance Company Limited
Muthoot Finance Limited
0.21%
0.16%
77.30
74.80
Equity Holding Total 99.51% 73.87 Weighted Average Fund Score
Cash & Other Receivables Total 0.49%
Total 100.00%

Performance Report
Mirae Asset Nifty 100 ESG
Period Scheme Benchmark* Additional Benchmark**
Sector Leaders ETF
Last 1 Year 23.76% 24.84% 22.10%
Last 3 Years 15.40% 16.19% 17.15%
Since Inception 16.05% 16.93% 17.87%
Value of Rs. 10000 invested
16,116 16,512 16,937
(in Rs.) Since Inception
NAV as on 31st January, 2024 `36.0093
Index Value 31st January, 2024 Index Value of benchmark is 4,068.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 17th November, 2020
Scheme Benchmark *Nifty 100 ESG Sector Leaders Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Ekta Gala & Mr. Akshay Udeshi managing the scheme since November 17, 2020 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
^Note: This section contains information developed by Stakeholders Empowerment Services. Such information and data are proprietary of Stakeholders Empowerment Services and/or its third party suppliers (Third Party Data) and are provided
for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to
conditions available at https://www.sesgovernance.com/
Note: For computation of since inception returns (%) the allotment NAV has been taken as `22.344. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and on page No. 95, 96, 97, 98
& 99. Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

66 MIRAE ASSET NIFTY 100 ESG SECTOR LEADERS ETF

MIRAE ASSET NYSE FANG+ ETF
(NSE Symbol : MAFANG, BSE Code: 543291)

(An open-ended scheme replicating/tracking NYSE FANG+ Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Overall Asset Allocation

International Equity Shares
Fund Manager:
Mr. Siddharth Srivastava -0.03%
Nvidia Corp Com 12.10%

Allotment Date: 06th May 2021 Netflix Inc 11.12%

Benchmark: NYSE FANG+ Index (TRI) (INR) Meta Platforms Registered Shares A 11.03%

Net AUM (`Cr.) 1,864.43 Broadcom Inc 10.24%

Tracking Error Value ~ 0.06% Microsoft Corp 10.05%

~
1 Year Tracking Error is

Entry load: NA Alphabet Inc A 10.00%

Exit load: Please refer page no.22 Amazon Com Inc 9.86%

Plans Available: The Scheme does not offer any plan/ Snowflake Inc 9.42%
option for investment 100.03%
Apple Inc 8.81%
 inimum Investment Amount^
M Tesla Inc 7.40%
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based International Equity Holding Total 100.03%
prices in exchange of Portfolio Deposit and Cash International Equity Cash & Other Receivables
Component. Cash & Other Receivables -0.03%

Large Investors: Minimum amount of `25 crores for Total 100.00%

transacting directly with the AMC.

Other investors (including Market Maker, Large How to trade in ETF ?

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
Retail Investors Large Investors
which the Units are listed.

On exchange (in multiple of 1 units), Directly with AMC or

Market Maker (in multiple of 2,00,000 units)
Cash or basket of Index
Stock in creation unit size
Net Asset Value (NAV) (Minimum transaction value
of 25 Cr.)
`74.2493 (Per Unit)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited Buyer and ETF Units
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Seller of
ETF units
Others
Live iNav is updated on Mirae Asset Mutual Fund website. Mutual Fund
NSE Symbol : MAFANG
BSE Code: 543291 Stock Exchange
Bloomberg Code: MAFANG IN Equity
Reuters Code: MIRA.NS

Expense Ratio: 0.66%

Performance Report
Mirae Asset NYSE FANG+
Period Scheme Benchmark* Additional Benchmark**
ETF
Last 1 Year 72.46% 73.86% 22.10%
Since Inception 16.73% 17.29% 16.45%
Value of Rs. 10000 invested
15,279 15,478 15,176
(in Rs.) Since Inception
NAV as on 31st January, 2024 `74.2493
Index Value 31st January, 2024 Index Value of benchmark is 10,321.43 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 06th May, 2021
Scheme Benchmark *NYSE FANG+ Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Mr. Siddharth Srivastava managing the scheme since May 06, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `48.597. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 96 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

67 MIRAE ASSET NYSE FANG+ ETF

MIRAE ASSET NIFTY FINANCIAL
SERVICES ETF (NSE Symbol : BFSI, BSE Code: 543323)
(An open-ended scheme replicating/tracking Nifty Financial Services Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Sector Allocation^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh HDFC Bank Limited 29.75%

Allotment Date: 30th July 2021 ICICI Bank Limited 21.67%

Banks 75.78%
Benchmark: Nifty Financial Services Index (TRI) Axis Bank Limited 8.90%

Net AUM (`Cr.) 256.78 Kotak Mahindra Bank Limited 8.07%

Tracking Error Value ~ 0.11% State Bank of India 7.39%

~
1 Year Tracking Error is Finance 17.34%
Entry load: NA Bajaj Finance Limited 5.74%

Exit load: Please refer page no.23 Bajaj Finserv Limited 2.65%

Plans Available: The Scheme does not offer any plan/ Shriram Finance Limited 2.06%
Insurance 5.47%
option for investment
Power Finance Corporation Limited 1.94%
 inimum Investment Amount^
M SBI Life Insurance Company Limited 1.90%
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based Other Equities 9.94%
prices in exchange of Portfolio Deposit and Cash Capital Markets 1.42%
Component. Equity Holding Total 100.01%

Large Investors: Minimum amount of `25 crores for Cash & Other Receivables Total -0.01%
transacting directly with the AMC. 0% 20% 40% 60% 80%
Total 100.00%
Other investors (including Market Maker, Large
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the How to trade in ETF ?
trading hours on all trading days on the NSE and BSE on
which the Units are listed.
 Retail Investors Large Investors
On exchange ( in multiple of 1 units), Directly with AMC
(in multiple of 3,00,000 units)

Cash or basket of Index

Net Asset Value (NAV) Stock in creation unit size
(Minimum transaction value
`20.8271 (Per Unit) of 25 Cr.)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Buyer and ETF Units
Parwati Capital Market Private Limited
Seller of
Others ETF units

Live iNav is updated on Mirae Asset Mutual Fund website.

NSE Symbol : BFSI
BSE Code: 543323 Mutual Fund
Bloomberg Code: BFSI IN Equity
Reuters Code: MIRA.NS
Stock Exchange

Expense Ratio: 0.12%

Performance Report
Mirae Asset Nifty Financial
Period Scheme Benchmark* Additional Benchmark**
Services ETF
Last 1 Year 14.33% 14.37% 22.10%
Since Inception 9.82% 9.95% 14.50%
Value of Rs. 10000 invested (in Rs.)
12,646 12,684 14,043
Since Inception
NAV as on 31st January, 2024 `20.8271
Index Value 31st January, 2024 Index Value of benchmark is 25,494.88 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 30th July, 2021
Scheme Benchmark *Nifty Financial Services Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since July 30, 2021 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `16.4690 The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

68 MIRAE ASSET NIFTY FINANCIAL SERVICES ETF

MIRAE ASSET S&P 500 TOP 50 ETF
(NSE Symbol : MASPTOP50, BSE Code: 543365)
( An open-ended scheme replicating/tracking S&P 500 Top 50 Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Overall Asset Allocation

International Equity Shares
Fund Manager:
Mr. Siddharth Srivastava 0.06%
Microsoft Corp 12.73%

Allotment Date: 20th September 2021 Apple Inc 11.61%

Benchmark: S&P 500 Top 50 Index (TRI) Nvidia Corp Com 6.55%

Net AUM (`Cr.) 627.20 Amazon Com Inc 6.08%

Tracking Error Value ~ 0.08% Meta Platforms Registered Shares A 3.73%

~
1 Year Tracking Error is
Alphabet Inc A 3.57%
Entry load: NA
Alphabet Inc 3.04%
Exit load: Please refer page no.23
Berkshire Hathaway Inc 3.01%
Plans Available: The Scheme does not offer any plan/
option for investment Tesla Inc 2.23% 99.94%
 inimum Investment Amount^
M Broadcom Inc 2.23%
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based Other Equities 45.16% International Equity Cash & Other Receivables
prices in exchange of Portfolio Deposit and Cash
Component. International Equity Holding Total 99.94%

Large Investors: Minimum amount of `25 crores for Cash & Other Receivables 0.06%
transacting directly with the AMC.
Total 100.00%
Other investors (including Market Maker, Large
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
How to trade in ETF ?
trading hours on all trading days on the NSE and BSE on
which the Units are listed.
Retail Investors Large Investors
On exchange in multiple of 1 unit. With AMC: In multiples
of 5,50,000 units
Cash or basket of Index
Stock in creation unit size
Net Asset Value (NAV) (Minimum transaction value
of 25 Cr.)
`36.1346 (Per Unit)

Market Makers Market Maker

Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited ETF Units
Kanjalochana Finserve Private Limited Buyer and
Parwati Capital Market Private Limited Seller of
ETF units
Others
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : MASPTOP50 Mutual Fund
BSE Code: 543365
Bloomberg Code: MASPTOP50 IN Equity Stock Exchange
Reuters Code: MIRA.NS

Expense Ratio: 0.64% Performance Report

Mirae Asset S&P 500
Period Scheme Benchmark* Additional Benchmark**
Top 50 ETF
Last 1 Year 33.95% 35.53% 22.10%
Since Inception 12.42% 13.55% 10.33%
Value of Rs. 10000 invested
13,189 13,506 12,617
(in Rs.) Since Inception
NAV as on 31st January, 2024 `36.1346
Index Value 31st January, 2024 Index Value of benchmark is 7,239.21 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 20th September, 2021
Scheme Benchmark *S&P 500 Top 50 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Mr. Siddharth Srivastava managing the scheme since September 20, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `27.397. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 96 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

69 MIRAE ASSET S&P 500 TOP 50 ETF

MIRAE ASSET HANG SENG
TECH ETF (NSE Symbol : MAHKTECH, BSE Code: 543414)
(An open-ended scheme replicating/tracking Hang Seng TECH Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Overall Asset Allocation

International Equity Shares
Fund Manager:
Mr. Siddharth Srivastava 0.16%
Alibaba Group Holding Limited 9.96%

Allotment Date: 06th December 2021 Tencent Holdings Ltd 9.01%

JD.com Inc - Class A 8.53%

Benchmark: Hang Seng TECH Index (TRI)
Xiaomi Corporation 8.45%
Net AUM (`Cr.) 208.28
Kuaishou Technology 7.39%
Tracking Error Value ~ 0.16%
~
1 Year Tracking Error is Li Auto Inc 7.14%

Entry load: NA Netease Inc 6.85%

Meituan-W 6.47%
Exit load: Please refer page no.23
Baidu Inc - Class A 4.69%
Plans Available: The Scheme does not offer any plan/
option for investment LENOVO GROUP LTD 4.21% 99.84%
 inimum Investment Amount^
M
Other Equities 27.14%
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based International Equity Holding Total 99.84% International Equity Cash & Other Receivables
prices in exchange of Portfolio Deposit and Cash
Component. Cash & Other Receivables 0.16%

Large Investors: Minimum amount of `25 crores for Total 100.00%

transacting directly with the AMC.

Other investors (including Market Maker, Large

Investors and Regulated Entities): Units of the
How to trade in ETF ?
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed. Retail Investors Large Investors
On exchange in multiple of 1 unit. With AMC: In
multiples of Basket Size (8 Lakh units)
Cash or basket of Index
Stock in creation unit size
Net Asset Value (NAV) (Minimum transaction value
of 25 Cr.)
`10.6207 (Per Unit)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited Buyer and ETF Units
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited Seller of
ETF units
Others
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : MAHKTECH
Mutual Fund
BSE Code: 543414 Stock Exchange
Bloomberg Code: MAHKTECH IN Equity
Reuters Code: MIRA.NS

Expense Ratio: 0.60% Performance Report

Mirae Asset Hang Seng
Period Scheme Benchmark* Additional Benchmark**
TECH ETF
Last 1 Year -32.75% -32.34% 22.10%
Since Inception -22.63% -22.12% 12.90%
Value of Rs. 10000 invested
5,754 5,837 12,987
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.6207
Index Value 31st January, 2024 Index Value of benchmark is 3,609.15 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 06th December, 2021
Scheme Benchmark *Hang Seng TECH (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Mr. Siddharth Srivastava managing the scheme since December 06, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
Note: For computation of since inception returns (%) the allotment NAV has been taken as `18.457. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 96 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

70 MIRAE ASSET HANG SENG TECH ETF

MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF
(NSE Symbol : MAKEINDIA, BSE Code: 543454)
(An open-ended scheme replicating/ tracking Nifty India Manufacturing ETF)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh Tata Motors Limited 5.36%
Automobiles 23.24%
Allotment Date: 27th January 2022 Reliance Industries Limited 5.31%
Pharma & Biotech 15.72%
Benchmark: Nifty India Manufacturing Index (TRI) Sun Pharmaceutical Industries Limited 5.28%
Industrial Products 8.89%
Net AUM (`Cr.) 108.24 Mahindra & Mahindra Limited 4.77%
Petroleum Products 8.82%
Tracking Error Value ~ 0.04% Maruti Suzuki India Limited 4.63%
1 Year Tracking Error is
Ferrous Metals 7.45%
~

Tata Steel Limited 3.80%

Entry load: NA Auto Components 6.97%
Bajaj Auto Limited 2.99%
Exit load: Please refer page no.23 Chemicals & Petro 5.44%
Plans Available: The Scheme does not offer any plan/ Hindalco Industries Limited 2.92%
Aerospace & Defense 4.83%
option for investment
JSW Steel Limited 2.69%
Consumer Durables 4.34%
 inimum Investment Amount^
M
Market Maker: Application for subscription of Units Bharat Electronics Limited 2.62%
Electrical Equipment 3.60%
directly with the Fund in Creation Unit Size at NAV based
Other Equities 59.64%
prices in exchange of Portfolio Deposit and Cash Others 10.71%
Component. Equity Holding Total 100.01%

Large Investors: Minimum amount of `25 crores for

0% 10% 20% 30% 40%
Cash & Other Receivables Total -0.01%
transacting directly with the AMC.
Total 100.00%
Other investors (including Market Maker, Large
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the How to trade in ETF ?
trading hours on all trading days on the NSE and BSE on
which the Units are listed.
Retail Investors Large Investors
On exchange: In multiples of 1 units; Directly with AMC
( in multiples of 100,000 units)

Cash or basket of Index

Net Asset Value (NAV) Stock in creation unit size
(Minimum transaction value
`113.9948 (Per Unit) of 25 Cr.)

Market Makers Market Maker

Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited Buyer and ETF Units
Parwati Capital Market Private Limited
Seller of
Others ETF units

Live iNav is updated on Mirae Asset Mutual Fund website.

NSE Symbol : MAKEINDIA
BSE Code: 543454 Mutual Fund
Bloomberg Code: MAKEINDIA IN Equity
Reuters Code: MIRA.NS
Stock Exchange

Expense Ratio: 0.47%

Performance Report
Mirae Asset Nifty India
Period Scheme Benchmark* Additional Benchmark**
Manufacturing ETF
Last 1 Year 36.39% 37.11% 22.10%
Since Inception 21.02% 21.61% 13.33%
Value of Rs. 10000 invested
14,676 14,820 12,860
(in Rs.) Since Inception
NAV as on 31st January, 2024 `113.9948
Index Value 31st January, 2024 Index Value of benchmark is 14,515.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 27th January, 2022
Scheme Benchmark *Nifty India Manufacturing Index (TRI)
Additional Benchmark ** S&P BSE Sensex (TRI)
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since January 27, 2022 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `77.676. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

71 MIRAE ASSET NIFTY INDIA MANUFACTURING ETF

MIRAE ASSET NIFTY MIDCAP
150 ETF (NSE Symbol : MIDCAPETF, BSE Code: 543481)
(An open-ended scheme replicating/tracking Nifty Midcap 150 Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh Power Finance Corporation Limited 2.36%

REC Limited 2.27%

Finance 10.25%
Allotment Date: 09th March 2022
Max Healthcare Institute Limited 2.12% Banks 8.06%
Benchmark: Nifty Midcap 150 Index (TRI)
Industrial Products 8.03%
Net AUM (`Cr.) 627.94 Adani Power Limited 1.99%

Tracking Error Value ~ 0.06% Auto Components 7.22%

The Indian Hotels Company Limited 1.59%
1 Year Tracking Error is
Pharma & Biotech
~

7.21%
Persistent Systems Limited 1.58%
Entry load: NA
IT - Software 6.22%
Exit load: Please refer page no.24 Yes Bank Limited 1.55%
Power 4.33%
Plans Available: The Scheme does not offer any plan/ Tube Investments of India Limited 1.50%
option for investment Chemicals & Petro 4.19%
Coforge Limited 1.40% Consumer Durables 4.16%
 inimum Investment Amount^
M
Market Maker: Application for subscription of Units Realty
Lupin Limited 1.33% 4.00%
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash Other Equities 82.31% Others 36.33%
Component.
Equity Holding Total 100.00%
Large Investors: Minimum amount of `25 crores for 0% 10% 20% 30% 40%
transacting directly with the AMC. Cash & Other Receivables Total 0.00%

Other investors (including Market Maker, Large Total 100.00%

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the How to trade in ETF ?
trading hours on all trading days on the NSE and BSE on
which the Units are listed.
Retail Investors Large Investors
On exchange In multiple of 1 units Directly with AMC In
multiple of 4,00,000 units

Cash or basket of Index

Net Asset Value (NAV) Stock in creation unit size
(Minimum transaction value
`18.0381 (Per Unit) of 25 Cr.)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited Buyer and ETF Units
Seller of
Others ETF units
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : MIDCAPETF
BSE Code: 543481 Mutual Fund
Bloomberg Code: MIDCAPETF IN Equity
Reuters Code: MIRA.NS Stock Exchange
Expense Ratio: 0.05%
Performance Report
Mirae Asset Nifty Midcap
Period Scheme Benchmark* Additional Benchmark**
150 ETF
Last 1 Year 54.91% 55.19% 22.10%
Since Inception 33.38% 33.72% 16.94%
Value of Rs. 10000 invested
17,280 17,361 13,460
(in Rs.) Since Inception
NAV as on 31st January, 2024 `18.0381
Index Value 31st January, 2024 Index Value of benchmark is 22,495.94 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 09th March, 2022
Scheme Benchmark *Nifty Midcap 150 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since March 09, 2022 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.439. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

72 MIRAE ASSET NIFTY MIDCAP 150 ETF

MIRAE ASSET GOLD ETF
(NSE Symbol : GOLDETF, BSE Code: 543781)

(An open-ended scheme replicating/tracking Domestic Price of Gold)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Gold
Fund Manager: 2.93%
Mr. Ritesh Patel & Mr. Akshay Udeshi (Co-Fund Manager) Gold 97.07%

Allotment Date: 20th February 2023 Gold Total 97.07%

Benchmark: Domestic Prices of Gold (INR) TREPS / Reverse Repo

Net AUM (`Cr.) 36.11 TREPS / Reverse Repo 0.87%

Tracking Error Value ~ 0.40% Net Receivables / (Payables) 2.06%

~
1 Year Tracking Error is
Cash & Other Receivables Total 2.93%
Entry load: NA
Total 100.00%
Exit load: NIL

Plans Available: The Scheme does not offer any plan/

option for investment 97.07%

 inimum Investment Amount^

M
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based Gold Cash & Other Receivables
prices in exchange of Portfolio Deposit and Cash
Component.

Large Investors: Minimum amount of `25 crores for How to trade in ETF ?
transacting directly with the AMC.

Other investors (including Market Maker, Large

Retail Investors Large Investors
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed. Cash or basket of Index
On exchange In multiple of 1 units Directly with AMC In
Stock in creation unit size
multiple of 1,10,000 units (Minimum transaction value
of 25 Cr.)

Net Asset Value (NAV) Market Maker

`62.3452 (Per Unit)
Buyer and ETF Units
Market Makers
Seller of
Augmont Enterprises Private Limited ETF units
Parshwa Prism Gems and Jewellery Limited
Raksha Bullion
Parwati Capital Market Private Limited
Mutual Fund
Others Stock Exchange
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : GOLDETF
BSE Code: 543781
Bloomberg Code: GOLDETF IN Equity Performance Report
Reuters Code: MIRA.NS Period Mirae Asset Gold ETF Scheme Benchmark*
6 Months (Annualized) 10.90% 11.07%
Expense Ratio: 0.36%
Since Inception (Annualized) 10.92% 12.12%
Value of Rs. 10000 invested
11,026 11,138
(in Rs.) Since Inception
NAV as on 31st January, 2024 `62.3452
Index Value 31st January, 2024 Index Value of benchmark is 62,59,756.99
Allotment Date 20th Feb, 2023
Scheme Benchmark *Domestic Prices of Gold (INR)
Fund manager : Mr. Ritesh Patel & Mr. Akshay Udeshi (Co-Fund Manager) managing the scheme since 20th February, 2023 & (w.e.f August 28, 2023)
respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `56.5289. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 97 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

73 MIRAE ASSET GOLD ETF

MIRAE ASSET NIFTY 100 LOW
VOLATILITY 30 ETF (NSE Symbol : LOWVOL, BSE Code: 543858)
(An open ended scheme replicating/tracking Nifty 100 Low Volatility 30 Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh Sun Pharmaceutical Industries Limited 4.40%

ICICI Bank Limited 4.19% Pharma & Biotech 14.21%

Allotment Date: 24th March 2023
Reliance Industries Limited 3.81% Banks 10.91%
Benchmark: Nifty 100 Low Volatility 30 TRI
Hindustan Unilever Limited 3.78% IT - Software 10.19%
Net AUM (`Cr.) 7.41

Tracking Error Value ~ 0.09% Britannia Industries Limited 3.72% Food Products 7.41%
1 Year Tracking Error is
Nestle India Limited 3.69% Diversified FMCG
~

7.21%
Entry load: NA Dr. Reddy's Laboratories Limited 3.63% Petroleum Products 7.04%
Exit load: NIL Kotak Mahindra Bank Limited 3.55% Automobiles 6.48%
Plans Available: The Scheme does not offer any plan/ Tata Consultancy Services Limited 3.46%
option for investment Power 6.41%
Wipro Limited 3.46% Personal Products
 inimum Investment Amount^
M 6.02%
Market Maker: Application for subscription of Units Other Equities 62.26%
Consumer Durables 5.74%
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash Equity Holding Total 99.95%
Others 18.33%
Component.
Cash & Other Receivables Total 0.05%
Large Investors: Minimum amount of `25 crores for 0% 10% 20% 30% 40%
Total 100.00%
transacting directly with the AMC.

Other investors (including Market Maker, Large

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on How to trade in ETF ?
which the Units are listed.

Retail Investors Large Investors

On exchange in multiple of 1 unit. With AMC: In multiples
of 30,000 units

Cash or basket of Index

Net Asset Value (NAV) Stock in creation unit size
(Minimum transaction value
`175.1775 (Per Unit) of 25 Cr.)

Market Makers
Market Maker
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited ETF Units
Parwati Capital Market Private Limited Buyer and
Seller of
Others ETF units
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : LOWVOL
BSE Code: 543858 Mutual Fund
Bloomberg Code: LOWVOL IN Equity
Reuters Code: MIRA.NS Stock Exchange
Expense Ratio: 0.29%
Performance Report
Mirae Asset Nifty 100 Low
Period Scheme Benchmark* Additional Benchmark**
Volatility 30 ETF
6 Months (Annualized) 33.02% 33.55% 20.78%
Since Inception (Annualized) 44.29% 45.07% 34.41%
Value of Rs. 10000 invested
13,695 13,758 12,886
(in Rs.) Since Inception
NAV as on 31st January, 2024 `175.1775
Index Value 31st January, 2024 Index Value of benchmark is 23,785.46 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 24th March, 2023
Scheme Benchmark *Nifty 100 Low Volatility 30 TRI
Additional Benchmark **Nifty 50 Index (TRI)
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since March 24, 2023 & (w.e.f August 28, 2023) respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `127.9150. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

74 MIRAE ASSET NIFTY 100 LOW VOLATILITY 30 ETF

MIRAE ASSET SILVER ETF
(NSE Symbol : SILVRETF, BSE Code: 543922)

(An open-ended scheme replicating/tracking Domestic Price of Silver)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Silver
Fund Manager:
4.18%
Mr. Ritesh Patel & Mr. Akshay Udeshi (Co-Fund Manager) Silver 95.82%

Allotment Date: 09th June 2023 Silver Total 95.82%

Benchmark: Domestic Price of Physical Silver (based TREPS / Reverse Repo

on London Bullion Market association (LBMA) Silver daily
spot fixing price.) TREPS / Reverse Repo 1.17%

Net AUM (`Cr.) 12.69 Net Receivables / (Payables) 3.01%

Tracking Error Value ~ 1.06% Cash & Other Receivables Total 4.18%
1 Year Tracking Error is
Total 100.00%
~

Entry load: NA

Exit load: NIL

95.82%
Plans Available: The Scheme does not offer any plan/
option for investment

 inimum Investment Amount^

M Silver Cash & Other Receivables
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash
Component.
How to trade in ETF ?

Large Investors: Minimum amount of `25 crores for

transacting directly with the AMC.
Retail Investors Large Investors
Other investors (including Market Maker, Large
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the Cash or basket of Index
trading hours on all trading days on the NSE and BSE on Stock in creation unit size
which the Units are listed.
(Minimum transaction value
On exchange in multiple of 1 unit. With AMC: In multiples of 25 Cr.)
of 30,000 units

Net Asset Value (NAV)

Market Maker
`71.5812 (Per Unit) ETF Units
Buyer and
Market Makers Seller of
ETF units
Augmont Enterprises Private Limited
Parshwa Prism Gems and Jewellery Limited
Raksha Bullion
Parwati Capital Market Private Limited Mutual Fund
Stock Exchange
Others
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : SILVRETF
BSE Code: 543922 Performance Report
Bloomberg Code: SILVRETF IN Equity
Reuters Code: MIRA.NS Period Mirae Asset Silver ETF Scheme Benchmark*
6 Months (Annualized) -5.45% -5.37%
Expense Ratio: 0.39% Since Inception (Annualized) -5.00% -3.90%
Value of Rs. 10000 invested
9,678 9,749
(in Rs.) Since Inception
NAV as on 31st January, 2024 `71.5812
Index Value 31st January, 2024 Index Value of benchmark is 71,499.28
Allotment Date 09th Jun, 2023
*Domestic Price of Physical Silver (based on London Bullion Market association (LBMA) Silver
Scheme Benchmark
daily spot fixing price.)
Fund manager : Mr. Ritesh Patel & Mr. Akshay Udeshi (Co-Fund Manager) managing the scheme since 09th June, 2023 & (w.e.f August 28, 2023)
respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as ` 73.4427. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 97 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

75 MIRAE ASSET SILVER ETF

MIRAE ASSET
NIFTY BANK ETF (NSE Symbol: BANKETF, BSE Code: 543944)
(An open-ended scheme replicating/tracking Nifty Bank Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Overall Asset Allocation

Equity Shares
Fund Manager:
-0.02%
Ms. Ekta Gala & Mr. Vishal Singh HDFC Bank Limited 26.41%

Allotment Date: 20th July 2023 ICICI Bank Limited 24.45%

Benchmark: Nifty Bank Index (TRI) State Bank of India 10.34%

Net AUM (`Cr.) 33.96 Axis Bank Limited 10.05%

Tracking Error Value ~ 0.20% Kotak Mahindra Bank Limited 9.96%

~
1 Year Tracking Error is
IndusInd Bank Limited 6.47%
Entry load: NA

Exit load: NIL Bank of Baroda 2.94%

Plans Available: The Scheme does not offer any plan/ Punjab National Bank 2.17%
option for investment 100.02%
The Federal Bank Limited 2.11%
 inimum Investment Amount^
M
Market Maker: Application for subscription of Units
IDFC First Bank Limited 2.05% Equity Cash & Other Receivables
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash Other Equities 3.07%
Component.
Equity Holding Total 100.02%
Large Investors: Minimum amount of `25 crores for
transacting directly with the AMC. Cash & Other Receivables Total -0.02%

Other investors (including Market Maker, Large Total 100.00%

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed. How to trade in ETF ?

On exchange in multiple of 1 unit. With AMC: In multiples

Retail Investors Large Investors
of 10,000 units

Net Asset Value (NAV) Cash or basket of Index

Stock in creation unit size
`460.1056 (Per Unit) (Minimum transaction value
of 25 Cr.)
Market Makers
Mirae Asset Capital Markets (India) Private Limited Market Maker
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Buyer and ETF Units
Others Seller of
ETF units
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : BANKETF
BSE Code: 543944
Bloomberg Code: BANKETF IN Equity Mutual Fund
Reuters Code: MIRA.NS
Stock Exchange
Expense Ratio: 0.09%

Performance Report
Mirae Asset
Period Scheme Benchmark* Additional Benchmark**
Nifty Bank ETF
6 Months (Annualized) 1.86% 1.96% 20.78%
Since Inception (Annualized) -0.71% -0.34% 17.34%
Value of Rs. 10000 invested
9,962 9,982 10,892
(in Rs.) Since Inception
NAV as on 31st January, 2024 `460.1056
Index Value 31st January, 2024 Index Value of benchmark is 63,077.37 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 20th July, 2023
Scheme Benchmark *Nifty Bank (TRI)
Additional Benchmark **Nifty 50 Index (TRI)
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since July 20, 2023 & (w.e.f August 28, 2023) respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as ` 73.4427. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

76 MIRAE ASSET NIFTY BANK ETF

MIRAE ASSET
S&P BSE SENSEX ETF (NSE Symbol : SENSEXETF BSE Code: 543999)
(An open-ended scheme replicating/tracking S&P BSE Sensex Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh HDFC Bank Limited 13.54%
Banks 33.43%
Allotment Date: 29th September 2023 Reliance Industries Limited 12.02%

ICICI Bank Limited 8.79%

IT - Software 15.88%
Benchmark: S&P BSE Sensex (TRI)

Net AUM (`Cr.) 12.55 Infosys Limited 7.24% Petroleum Products 12.02%

Tracking Error Value ~ 0.01% Larsen & Toubro Limited 5.13% Diversified FMCG 7.47%
~
1 Year Tracking Error is
Tata Consultancy Services Limited 4.77% Automobiles 5.52%
Entry load: NA
Construction 5.13%
Exit load: NIL ITC Limited 4.77%
Telecom - Services 3.61%
Plans Available: The Scheme does not offer any plan/ Axis Bank Limited 3.69%
option for investment Consumer Durables 3.51%
Bharti Airtel Limited 3.61%
 inimum Investment Amount^
M Finance 3.41%
Market Maker: Application for subscription of Units
Kotak Mahindra Bank Limited 3.19%
directly with the Fund in Creation Unit Size at NAV based Power 3.28%
prices in exchange of Portfolio Deposit and Cash Other Equities 33.19%
Component. Others 6.68%
Equity Holding Total 99.94%
Large Investors: Minimum amount of `25 crores for
transacting directly with the AMC. Cash & Other Receivables Total 0.06% 0% 10% 20% 30% 40%

Other investors (including Market Maker, Large Total 100.00%

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed. How to trade in ETF ?

On exchange in multiple of 1 unit. With AMC: In multiples Large Investors

of 1,00,000 Units Retail Investors

Net Asset Value (NAV) Cash or basket of Index

Stock in creation unit size
`71.8927 (Per Unit) (Minimum transaction value
of 25 Cr.)
Market Makers
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Market Maker
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Buyer and ETF Units
Others Seller of
ETF units
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : SENSEXETF
BSE Code: 543999
Bloomberg Code: SENSEXETF IN Equity
Reuters Code: MIRA.NS
Mutual Fund
Stock Exchange
Expense Ratio: 0.09%

Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months, hence performance shall not be provided.
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

77 MIRAE ASSET S&P BSE SENSEX ETF

MIRAE ASSET NIFTY 200
ALPHA 30 ETF (NSE Symbol : ALPHAETF BSE Code: 544007)
(An open-ended scheme replicating/tracking Nifty 200 Alpha 30 Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Allocation - Top 10 Sectors^

Equity Shares
Fund Manager: ^Industrywise classification as recommended by AMFI
Ms. Ekta Gala & Mr. Vishal Singh Bharat Heavy Electricals Limited 5.78%
Finance 17.36%
Allotment Date: 20th October 2023 REC Limited 5.49%
Pharma & Biotech 15.09%
Benchmark: Nifty 200 Alpha 30 (TRI) Power Finance Corporation Limited 5.21%
Automobiles 11.73%
Net AUM (`Cr.) 26.61 Aurobindo Pharma Limited 4.99%
Electrical Equipment 8.13%
Tracking Error Value ~ 0.19% Trent Limited 4.69%
~
1 Year Tracking Error is Aerospace & Defense 5.82%
Lupin Limited 4.12%
Entry load: NA Industrial Products 5.61%
Exit load: NIL TVS Motor Company Limited 4.04%
Realty 5.51%
Plans Available: The Scheme does not offer any plan/ Hindustan Aeronautics Limited 3.95% Banks 5.27%
option for investment
L&T Finance Holdings Limited 3.94% IT - Software 5.16%
 inimum Investment Amount^
M
Market Maker: Application for subscription of Units Retailing 4.69%
Bajaj Auto Limited 3.87%
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash Other Equities 53.94% Others 15.65%
Component.
Equity Holding Total 100.02% 0% 10% 20% 30% 40%
Large Investors: Minimum amount of `25 crores for
transacting directly with the AMC. Cash & Other Receivables Total -0.02%

Other investors (including Market Maker, Large Total 100.00%

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed. How to trade in ETF ?

On exchange in multiple of 1 unit. With AMC: In multiples Large Investors

of 4,00,000 Units Retail Investors

Net Asset Value (NAV) Cash or basket of Index

Stock in creation unit size
`21.9938 (Per Unit) (Minimum transaction value
of 25 Cr.)
Market Makers
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Market Maker
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Buyer and ETF Units
Others Seller of
ETF units
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : ALPHAETF
BSE Code: 544007
Bloomberg Code: ALPHAETF IN Equity
Reuters Code: MIRA.NS
Mutual Fund
Stock Exchange
Expense Ratio: 0.30%

Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months, hence performance shall not be provided.
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

78 MIRAE ASSET NIFTY 200 ALPHA 30 ETF

MIRAE ASSET
NIFTY IT ETF (NSE Symbol : ITETF BSE Code: 544006)
(An open-ended scheme replicating/tracking Nifty IT Total Return Index)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Top 10 Holdings Overall Asset Allocation

Equity Shares
Fund Manager: 0.19%
Ms. Ekta Gala & Mr. Vishal Singh Infosys Limited 28.30%

Allotment Date: 20th October 2023 Tata Consultancy Services Limited 24.13%

Benchmark: Nifty IT (TRI) HCL Technologies Limited 10.41%

Net AUM (`Cr.) 14.55 Tech Mahindra Limited 9.66%

Tracking Error Value ~ 0.11% Wipro Limited 7.82%

~
1 Year Tracking Error is
LTIMindtree Limited 5.80%
Entry load: NA

Exit load: NIL Persistent Systems Limited 4.99%

Plans Available: The Scheme does not offer any plan/ Coforge Limited 4.42%
option for investment 99.81%
MphasiS Limited 2.50%
 inimum Investment Amount^
M
Market Maker: Application for subscription of Units
L&T Technology Services Limited 1.78% Equity Cash & Other Receivables
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash Equity Holding Total 99.81%
Component.
Cash & Other Receivables Total 0.19%
Large Investors: Minimum amount of `25 crores for
transacting directly with the AMC. Total 100.00%

Other investors (including Market Maker, Large

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed. How to trade in ETF ?

On exchange in multiple of 1 unit. With AMC: In multiples Large Investors

of 1,20,000 units Retail Investors

Net Asset Value (NAV) Cash or basket of Index

Stock in creation unit size
`36.8905 (Per Unit) (Minimum transaction value
of 25 Cr.)
Market Makers
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Market Maker
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Buyer and ETF Units
Others Seller of
ETF units
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : ITETF
BSE Code: 544006
Bloomberg Code: ITETF IN Equity
Reuters Code: MIRA.NS
Mutual Fund
Stock Exchange
Expense Ratio: 0.09%

Pursuant to clause 13.2.2 of SEBI master circular dated May 19, 2023, the scheme is in existence for less than 6 months, hence performance shall not be provided.
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

79 MIRAE ASSET NIFTY IT ETF

MIRAE ASSET NIFTY 8-13 YR
G-SEC ETF (NSE Symbol : GSEC10YEAR, BSE Code: 543875)
(An Open-Ended Index Exchange Traded Fund tracking Nifty 8-13 yr G-Sec Index.
Relatively High interest rate risk and Relatively Low Credit Risk)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Rating Profile

Government Bond
Fund Manager:
Mr. Amit Modani 7.18% GOI (14/08/2033) 51.10% 4.69%

Allotment Date: 31st March 2023 7.26% GOI (22/08/2032) 23.07%

Benchmark: Nifty 8-13 yr G-Sec Index 7.26% GOI (06/02/2033) 21.14%

Net AUM (`Cr.) 78.46 Government Bond Total 95.31%

Tracking Error Value ~ 0.14% Cash & Other Receivables Total 4.69%
~
1 Year Tracking Error is
Total 100.00%
Entry load: NA

Exit load: NIL

Plans Available: The Scheme does not offer any plan/

option for investment
95.31%
 inimum Investment Amount^
M
Market Maker: Application for subscription of Units
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash
SOV Cash & Other Receivables
Component.

Large Investors: Minimum amount of `25 crores for Overall Asset Allocation
transacting directly with the AMC.

Other investors (including Market Maker, Large

4.69%
Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed.

On exchange in multiple of 1 unit. With AMC: In multiples

of 2,50,000 units

Net Asset Value (NAV)

`25.3796 (Per Unit)

Market Makers
95.31%
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited Government Bond Cash & Other Receivables

Others
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : GSEC10YEAR
BSE Code: 543875
Bloomberg Code: GSEC10YEAR IN Equity
Reuters Code: MIRA.NS

Expense Ratio: 0.10%

Performance Report
Mirae Asset Nifty 8-13 yr
Period Scheme Benchmark* Additional Benchmark**
Quantitative: Debt G-Sec ETF
6 Months (Annualized) 7.25% 7.34% 6.57%
Average Maturity 9.05 Yrs Since Inception (Annualized) 8.08% 8.26% 7.90%
Modified Duration 6.33 Yrs Value of Rs. 10000 invested
10,673 10,688 10,659
(in Rs.) Since Inception
Macaulay Duration   6.55 Yrs
NAV as on 31st January, 2024 `25.3796
Annualized Portfolio YTM* 7.28% Index Value 31st January, 2024 Index Value of benchmark is 2,542.17 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 31st March, 2023
*In case of semi annual YTM, it will be annualized.
Scheme Benchmark *Nifty 8-13 yr G-Sec Index
Additional Benchmark **CRISIL 10 Year Gilt Index
Fund manager : Mr. Amit Modani managing the scheme since March 31, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `56.2378. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

80 MIRAE ASSET NIFTY 8-13 YR G-SEC ETF

MIRAE ASSET NIFTY 1D RATE
LIQUID ETF (NSE Symbol : LIQUID, BSE Code: 543946)
(An open-ended listed liquid scheme in the form of an Exchange Traded Fund tracking Nifty 1D Rate Index, with daily Income
Distribution cum capital withdrawal (IDCW) and compulsory Reinvestment of IDCW option. A relatively low interest rate risk
and relatively low credit risk)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Cash & Other Receivables
Fund Manager:
Mr. Amit Modani TREPS / Repo 99.60%

Allotment Date: 27th July 2023 Net Receivables/(Payables) 0.40%

Benchmark: Nifty 1D Rate Index Total 100.00%

Net AUM (`Cr.) 353.68

Tracking Error Value ~ 0.06%

~
1 Year Tracking Error is

Entry load: NA

Exit load: NIL

Plans Available: The Scheme does not offer any plan/

option for investment 100.00%

 inimum Investment Amount^

M
Market Maker: Application for subscription of Units Cash & Other Receivables
directly with the Fund in Creation Unit Size at NAV based
prices in exchange of Portfolio Deposit and Cash
Component.

Large Investors: Minimum amount of `25 crores for

transacting directly with the AMC.

Other investors (including Market Maker, Large

Investors and Regulated Entities): Units of the
Scheme can be subscribed (in lots of 1 Unit) during the
trading hours on all trading days on the NSE and BSE on
which the Units are listed.

On exchange in multiple of 1 unit. With AMC: In multiples

of 2,500 units

Net Asset Value (NAV)

`1000.0000 (Per Unit)

Market Makers
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Cholamandalam Securities Limited
Parwati Capital Market Private Limited

Others
Live iNav is updated on Mirae Asset Mutual Fund website.
NSE Symbol : LIQUID
BSE Code: 543946
Bloomberg Code: LIQUID IN Equity
Reuters Code: MIRA.NS

Expense Ratio: 0.25%

Performance Report
Mirae Asset
Quantitative: Debt Period Scheme Benchmark* Additional Benchmark**
Nifty 1D Rate Liquid ETF
Average Maturity 1.00 Days 6 Months (Annualized) 6.57% 6.82% 6.76%
Since Inception (Annualized) 6.63% 6.82% 6.75%
Modified Duration 0.00 Yrs Value of Rs. 10000 invested
10,336 10,345 10,342
(in Rs.) Since Inception
Macaulay Duration 0.00 Yrs
NAV as on 31st January, 2024 `1,034.14
Annualized Portfolio YTM* 6.72% Index Value 31st January, 2024 Index Value of benchmark is 2,235.92 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 27th July, 2023
*In case of semi annual YTM, it will be annualized. Scheme Benchmark *NIFTY 1D Rate Index
Additional Benchmark **CRISIL 1 Year T-Bill
Fund manager : Mr. Amit Modani managing the scheme since July 27, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as ` 73.4427. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 92, 93, 94 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:-
1. Schemes managed by Employee Provident Fund Organisation, India.
2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961.

81 MIRAE ASSET NIFTY 1D RATE LIQUID ETF

MIRAE ASSET NIFTY 100 ESG SECTOR
LEADERS FUND OF FUND
(Fund of Fund - An open ended fund of fund scheme predominantly investing in Mirae Asset Nifty 100 ESG Sector Leaders ETF)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Exchange Traded Funds
Fund Manager:
0.08%
Ms. Ekta Gala & Mr. Akshay Udeshi Mirae Asset Nifty 100 ESG Sector
99.92%
Leaders ETF
Allotment Date: 18th November 2020
Exchange Traded Funds Total 99.92%
Benchmark: NIFTY 100 ESG Sector Leaders Index (TRI)
Cash & Other Receivables Total 0.08%
Net AUM (`Cr.) 110.46
Total 100.00%
Entry load: NA

Exit load: if redeemed or switched out within 5

calendar days from the date of allotment: 0.05%
if redeemed or switched out after 5 days from date of
allotment: Nil

Plans Available: Regular and Direct Plan

99.92%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Minimum
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter Exchange Traded Funds Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `15.948 `15.776

IDCW `15.945 `15.745

Expense Ratio
Regular Plan 0.42%
Direct Plan 0.06%
Investors may note that they will bear recurring expens-
es of the underlying scheme in addition to the expenses
of this scheme. The TER of underlying scheme i.e Mirae
Asset Nifty 100 ESG Sector Leaders ETF is 0.58%

Performance Report
Mirae Asset Nifty 100 ESG
Period Sector Leaders Fund of Scheme Benchmark* Additional Benchmark**
Fund
Last 1 Year 22.83% 24.84% 22.10%
Last 3 Years 14.54% 16.19% 17.15%
Since Inception 15.30% 16.91% 17.69%
Value of Rs. 10000 invested
15,776 16,492 16,850
(in Rs.) Since Inception
NAV as on 31st January, 2024 `15.776
Index Value 31st January, 2024 Index Value of benchmark is 4,068.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 18th November, 2020
Scheme Benchmark *Nifty 100 ESG Sector Leaders Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Ekta Gala & Mr. Akshay Udeshi managing the scheme since November 18, 2020 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

82 MIRAE ASSET NIFTY 100 ESG SECTOR LEADERS FUND OF FUND

MIRAE ASSET
EQUITY ALLOCATOR FUND OF FUND
(An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Exchange Traded Funds
Fund Manager:
-0.04%
Ms. Bharti Sawant
Mirae Asset Nifty 50 ETF 67.98%

Allotment Date: 21st September, 2020 Mirae Asset Nifty Midcap 150 ETF
18.38%
Regular Gr Opt
Benchmark: Nifty 200 Index (TRI)
Mirae Asset Nifty Next 50 ETF 13.68%
Net AUM (`Cr.) 639.05
Exchange Traded Funds Total 100.04%
Entry load: NA
Cash & Other Receivables Total -0.04%
Exit load: if redeemed or switched out within 5 calendar
days from the date of allotment: 0.05% Total 100.00%
if redeemed or switched out after 5 days from date of
allotment: Nil

Plans Available: Regular and Direct Plan

100.04%
Minimum Investment Amount
`5,000/- and in multiples of `1/- thereafter. Minimum
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter Exchange Traded Funds Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `21.107 `21.046

IDCW `21.123 `21.048

Expense Ratio
Regular Plan 0.04%
Direct Plan 0.03%
Investors may note that they will bear recurring expenses
of the underlying scheme in addition to the expenses of
this scheme.
The TER of underlying scheme i.e Mirae Asset Nifty 50
ETF is 0.05% , Mirae Asset Nifty Next 50 ETF is 0.14% and
Mirae Asset Nifty Midcap 150 ETF is 0.05%.
The weighted average cost of the underlying ETFs
is 0.06%.

Performance Report
Mirae Asset Equity
Period Allocator Scheme Benchmark* Additional Benchmark**
Fund of Fund
Last 1 Year 30.87% 30.87% 22.10%
Last 3 Years 20.02% 20.40% 17.15%
Since Inception 24.78% 25.10% 22.18%
Value of Rs. 10000 invested
21,046 21,230 19,608
(in Rs.) Since Inception
NAV as on 31st January, 2024 `21.046
Index Value 31st January, 2024 Index Value of benchmark is 15,636.73 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 21st September, 2020
Scheme Benchmark *Nifty 200 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Bharti Sawant managing the scheme since September 21, 2020.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95 & 98.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

83 MIRAE ASSET EQUITY ALLOCATOR FUND OF FUND

MIRAE ASSET
NYSE FANG+ETF FUND OF FUND
(Fund of Fund - An Open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Exchange Traded Funds
Fund Manager:
Ms. Ekta Gala & Mr. Vishal Singh
Mirae Asset NYSE FANG+ ETF 100.00%
0.00%
Allotment Date: 10th May 2021 Exchange Traded Funds Total 100.00%
Benchmark: NYSE FANG+ Index (TRI) (INR) Cash & Other Receivables Total 0.00%
Net AUM (`Cr.) 1,265.34
Total 100.00%
Entry load: NA

Exit load: If redeemed within 3 months from the date of

allotment: 0.50%
If redeemed after 3 months from the date of allotment:
NIL

Plans Available: Regular and Direct Plan

Minimum Investment Amount

`5,000/- and in multiples of `1/- thereafter. Minimum 100.00%
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter
Exchange Traded Funds Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `16.122 `15.950

Expense Ratio
Regular Plan 0.43%
Direct Plan 0.04%
Investors may note that they will bear recurring expenses
of the underlying scheme in addition to the expenses of
this scheme. The TER of underlying scheme Mirae Asset
NYSE FANG+ ETF is 0.66%

Performance Report
Mirae Asset NYSE FANG+
Period Scheme Benchmark* Additional Benchmark**
ETF Fund of Fund
Last 1 Year 80.43% 73.86% 22.10%
Since Inception 18.66% 19.09% 16.04%
Value of Rs. 10000 invested
15,950 16,106 15,007
(in Rs.) Since Inception
NAV as on 31st January, 2024 ` 15.950
Index Value 31st January, 2024 Index Value of benchmark is 10,321.43 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 10th May, 2021
Scheme Benchmark *NYSE FANG+ Index (TRI) (INR)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since May 10, 2021 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

84 MIRAE ASSET NYSE FANG+ETF FUND OF FUND

MIRAE ASSET
S&P 500 TOP 50 ETF FUND OF FUND
(Fund of Fund - An open ended fund of fund scheme predominantly investing in units of Mirae Asset
S&P 500 Top 50 ETF)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Exchange Traded Funds
Fund Manager:
Ms. Ekta Gala & Mr. Vishal Singh
Mirae Asset S&P 500 Top 50 ETF 100.01%
-0.01%
Allotment Date: 22nd September 2021 Exchange Traded Funds Total 100.01%
Benchmark: S&P 500 Top 50 Index (TRI) (INR) Cash & Other Receivables Total -0.01%
Net AUM (`Cr.) 469.55
Total 100.00%
Entry load: NA

Exit load: If redeemed within 3 months from the date of

allotment: 0.50%
If redeemed after 3 months from the date of allotment:
NIL

Plans Available: Regular and Direct Plan

Minimum Investment Amount

`5,000/- and in multiples of `1/- thereafter. Minimum 100.01%
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter
Exchange Traded Funds Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `13.147 `13.018

Expense Ratio
Regular Plan 0.49%
Direct Plan 0.09%
Investors may note that they will bear recurring expens-
es of the underlying scheme in addition to the expenses
of this scheme. The TER of underlying scheme i.e Mirae
Asset S&P 500 Top 50 ETF Index is 0.64%

Performance Report
Mirae Asset S&P 500 Top
Period Scheme Benchmark* Additional Benchmark**
50 ETF Fund of Fund
Last 1 Year 35.84% 35.53% 22.10%
Since Inception 11.83% 13.07% 10.01%
Value of Rs. 10000 invested
13,018 13,360 12,523
(in Rs.) Since Inception
NAV as on 31st January, 2024 `13.018
Index Value 31st January, 2024 Index Value of benchmark is 7,239.21 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 22nd September, 2021
Scheme Benchmark * S&P 500 Top 50 Index (TRI) (INR)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since September 22, 2021 & (w.e.f August 28, 2023)
respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future. Latest available NAV has been taken for return calculation wherever applicable
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00 The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

85 MIRAE ASSET S&P 500 TOP 50 ETF FUND OF FUND

MIRAE ASSET
HANG SENG TECH ETF FUND OF FUND
(Fund of Fund - An open-ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Exchange Traded Funds
Fund Manager:
Ms. Ekta Gala & Mr. Vishal Singh
Mirae Asset Hang Seng TECH ETF 99.81%
0.19%
Allotment Date: 08th December 2021 Exchange Traded Funds Total 99.81%
Benchmark: Hang Seng TECH Index (TRI) Cash & Other Receivables Total 0.19%
Net AUM (`Cr.) 78.76
Total 100.00%
Entry load: NA

Exit load: If redeemed within 3 months from the date of

allotment: 0.50%
If redeemed after 3 months from the date of allotment:
NIL.

Plans Available: Regular and Direct Plan

Minimum Investment Amount

`5,000/- and in multiples of `1/- thereafter. Minimum 99.81%
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter
Exchange Traded Funds Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `6.583 `6.516

Expense Ratio
Regular Plan 0.53%
Direct Plan 0.09%
Investors may note that they will bear recurring expens-
es of the underlying scheme in addition to the expenses
of this scheme. The TER of underlying scheme i.e Mirae
Asset Hang Seng TECH ETF is 0.60%

Performance Report
Mirae Asset Hang Seng
Period Scheme Benchmark* Additional Benchmark**
TECH ETF Fund of Fund
Last 1 Year -20.23% -32.34% 22.10%
Since Inception -18.08% -23.69% 11.22%
Value of Rs. 10000 invested
6,516 5,595 12,566
(in Rs.) Since Inception
NAV as on 31st January, 2024 `6.516
Index Value 31st January, 2024 Index Value of benchmark is 3,609.15 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 08th December, 2021
Scheme Benchmark *Hang Seng TECH (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since December 08, 2021 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00 The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

86 MIRAE ASSET HANG SENG TECH ETF FUND OF FUND

MIRAE ASSET
NIFTY INDIA MANUFACTURING ETF FUND OF FUND
(Fund of Fund - An open-ended fund of fund scheme investing in units of Mirae Asset Nifty India Manufacturing ETF)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

Exchange Traded Funds
Fund Manager:
Ms. Ekta Gala & Mr. Vishal Singh
Mirae Asset Nifty India Manufacturing ETF 100.03%
-0.03%
Allotment Date: 31st January 2022
Exchange Traded Funds Total 100.03%
Benchmark: Nifty India Manufacturing Index (TRI) (INR)
Cash & Other Receivables Total -0.03%
Net AUM (`Cr.) 65.88
Total 100.00%
Entry load: NA

Exit load: If redeemed within 3 months from the date of

allotment: 0.50%
If redeemed after 3 months from the date of allotment:
NIL

Plans Available: Regular and Direct Plan

Minimum Investment Amount

`5,000/- and in multiples of `1/- thereafter. Minimum 100.03%
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter
Exchange Traded Funds Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `14.347 `14.231

IDCW `14.347 `14.283

Expense Ratio
Regular Plan 0.46%
Direct Plan 0.11%
Investors may note that they have to bear recurring
expense if the underlying scheme in addition to the
expenses of this scheme. The TER of underlying scheme
i.e Mirae Asset Nifty India Manufacturing ETF is 0.47%

Performance Report
Mirae Asset Nifty India
Period Manufacturing ETF Scheme Benchmark* Additional Benchmark**
Fund of Fund
Last 1 Year 35.56% 37.11% 22.10%
Since Inception 19.29% 20.73% 12.68%
Value of Rs. 10000 invested
14,231 14,576 12,697
(in Rs.) Since Inception
NAV as on 31st January, 2024 `14.231
Index Value 31st January, 2024 Index Value of benchmark is 14,515.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 31st January, 2022
Scheme Benchmark *Nifty India Manufacturing Index (TRI)
Additional Benchmark ** S&P BSE Sensex (TRI)
Fund manager : Ms.Ekta Gala & Mr. Vishal Singh managing the scheme since January 31, 2022 & (w.e.f August 28, 2023) respectively.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00 The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 95, 96, 97, 98 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

87 MIRAE ASSET NIFTY INDIA MANUFACTURING ETF FUND OF FUND

MIRAE ASSET GLOBAL ELECTRIC &
AUTONOMOUS VEHICLES ETFs FUND OF FUND
(Fund of Fund - An open-ended fund of fund scheme investing in overseas equity Exchange Traded Funds which are based on companies
involved in development of Electric & Autonomous Vehicles and related technology, components and materials.)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

International Exchange Traded Funds
Fund Manager:
Mr. Siddharth Srivastava Global X Autonomous & Electric Vehicles
80.65%
UCITS ETF 0.30%
Allotment Date: 07th September 2022
Global X Lithium & Battery Tech UCITS ETF 9.92%
Benchmark: Solactive Autonomous &
Electric Vehicles Index (TRI) (INR) Global X China Electric Vehicle and Battery
9.13%
ETF
Net AUM (`Cr.) 87.53
International Exchange Traded Funds Total 99.70%
Entry load: NA
Cash & Other Receivables Total 0.30%
Exit load: If redeemed within 1 year (365 days) from the
date of allotment: 1% Total 100.00%
If redeemed after 1 year (365 days) from the date of
allotment: NIL

Plans Available: Regular and Direct Plan

Minimum Investment Amount 99.70%

`5,000/- and in multiples of `1/- thereafter. Minimum
Additional Application Amount: `1,000/- per application International Exchange Traded Funds
and in multiples of `1/- thereafter
Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `9.215 `9.167

Expense Ratio
Regular Plan 0.52%
Direct Plan 0.24%
Investors may note that they will bear recurring expenses
of the underlying scheme in addition to the expenses of
this scheme. The TER of underlying scheme i.e. Global
X Autonomous & Electric Vehicles UCITS ETF is 0.50%,
Global X Lithium & Battery Tech UCITS ETF is 0.60% and
Global X China Electric Vehicles and Battery ETF is 0.68%.
The weighted average cost of the underlying ETFs
is 0.53%

Performance Report
Mirae Asset Global Electric
Period & Autonomous Vehicles Scheme Benchmark* Additional Benchmark**
ETFs Fund of Fund
Last 1 Year -11.23% -0.25% 24.35%
Since Inception -6.02% 4.14% 17.15%
Value of Rs. 10000 invested
9,167 10,584 12,481
(in Rs.) Since Inception
NAV as on 31st January, 2024 `9.167
Index Value 31st January, 2024 Index Value of benchmark is 1,678.39 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 07th Sep, 2022
Scheme Benchmark *Solactive Autonomous & Electric Vehicles Index (TRI) (INR)
Additional Benchmark **Nifty 50 Index (TRI)
Fund manager : Mr. Siddharth Srivastava managing the scheme since September 07, 2022.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00 The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 96 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

88 MIRAE ASSET GLOBAL ELECTRIC & AUTONOMOUS VEHICLES ETFs FUND OF FUND
MIRAE ASSET GLOBAL X ARTIFICIAL
INTELLIGENCE & TECHNOLOGY ETF
FUND OF FUND
(Fund of Fund - An open-ended fund of fund scheme investing in units of Global X Artificial Intelligence & Technology ETF.)

Monthly Factsheet as on 31 January, 2024

Fund Information Portfolio Holdings Overall Asset Allocation

International Exchange Traded Funds
Fund Manager:
0.11%
Mr. Siddharth Srivastava Global X Artificial Intelligence &
99.89%
Technology ETF
Allotment Date: 07th September 2022
International Exchange Traded Funds Total 99.89%
Benchmark: Indxx Artificial Intelligence
& Big Data Index (TRI) (INR) Cash & Other Receivables Total 0.11%

Net AUM (`Cr.) 267.32 Total 100.00%

Entry load: NA

Exit load: If redeemed within 1 year (365 days) from the

date of allotment: 1%
If redeemed after 1 year (365 days) from the date of
allotment: NIL

Plans Available: Regular and Direct Plan 99.89%

Minimum Investment Amount

`5,000/- and in multiples of `1/- thereafter. Minimum International Exchange Traded Funds
Additional Application Amount: `1,000/- per application
and in multiples of `1/- thereafter Cash & Other Receivables

Net Asset Value (NAV)

Direct Regular

Growth `15.309 `15.266

Expense Ratio
Regular Plan 0.38%
Direct Plan 0.25%

Investors may note that they have to bear recurring

expense if the underlying scheme in addition to the
expenses of this scheme. The TER of underlying scheme
i.e Global X Artificial Intelligence & Technology ETF is
0.68%

Performance Report
Mirae Asset Global X
Artificial Intelligence &
Period Scheme Benchmark* Additional Benchmark**
Technology ETF
Fund of Fund
Last 1 Year 38.67% 39.91% 24.35%
Since Inception 35.28% 37.10% 17.15%
Value of Rs. 10000 invested
15,266 15,555 12,481
(in Rs.) Since Inception
NAV as on 31st January, 2024 `15.266
Index Value 31st January, 2024 Index Value of benchmark is 4,892.53 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 07th Sep, 2022
Scheme Benchmark *Indxx Artificial Intelligence & Big Data Index (TRI) (INR)
Additional Benchmark **Nifty 50 Index (TRI)
Fund manager : Mr. Siddharth Srivastava managing the scheme since September 07, 2022.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable

Past Performance may or may not be sustained in future.

Note: For computation of since inception returns (%) the allotment NAV has been taken as `10.00 The performance of other funds managed by the same fund manager is given in the respective page of the schemes
and on page No. 96 & 99.
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option

89 MIRAE ASSET GLOBAL X ARTIFICIAL INTELLIGENCE & TECHNOLOGY ETF FUND OF FUND
FUND PERFORMANCE
For all Equity Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Large Cap Fund - Fund Managers - Mr. Gaurav Misra & Mr. Gaurav Khandelwal
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 21.74% 26.56% 22.10%
Last 3 years 15.99% 18.39% 17.15%
Last 5 years 14.69% 16.24% 16.01%
Since Inception 15.29% 12.02% 11.74%
Value of Rs. 10000 invested
95,108 60,364 58,026
(in Rs.) Since Inception
NAV as on 31st January, 2024 `95.108
Index Value 31st January, 2024 Index Value of Nifty 100 Index (TRI) is 29,661.76 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 04th April, 2008
Scheme Benchmark *Nifty 100 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Large & Midcap Fund# - Fund Managers - Mr. Neelesh Surana & Mr. Ankit Jain
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 35.10% 40.43% 22.10%
Last 3 years 21.68% 25.41% 17.15%
Last 5 years 20.94% 20.80% 16.01%
Since Inception 20.66% 14.58% 12.29%
Value of Rs. 10000 invested
1,27,989 63,421 48,234
(in Rs.) Since Inception
NAV as on 31st January, 2024 `127.989
Index Value 31st January, 2024 Index Value of Scheme benchmark is 17,490.17 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 09th July, 2010
Scheme Benchmark *Nifty Large Midcap 250 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset ELSS Tax Saver Fund# - Fund Manager - Mr. Neelesh Surana
Returns (in%)
Period
Scheme Scheme Benchmark* (Tier-1) Scheme Benchmark* (Tier-2) Additional Benchmark**
Last 1 year 31.71% 33.81% 30.87% 22.10%
Last 3 years 20.69% 21.84% 20.40% 17.15%
Last 5 years 19.60% 18.35% 17.39% 16.01%
Since Inception 18.83% 15.63% 15.18% 14.74%
Value of Rs. 10000 invested
40,434 32,410 31,407 30,456
(in Rs.) Since Inception
NAV as on 31st January, 2024 `40.434
Index Value 31st January, 2024 Index Value of Scheme benchmark is 31,011.17 / 15,636.73 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 28th December, 2015
Scheme Benchmark *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Focused Fund - Fund Manager - Mr. Gaurav Misra

Returns (in%)
Period
Scheme Scheme Benchmark* (Tier-1) Scheme Benchmark* (Tier-2) Additional Benchmark**
Last 1 year 21.30% 33.81% 30.87% 22.10%
Last 3 years 15.66% 21.84% 20.40% 17.15%
Since Inception 18.31% 18.90% 17.84% 16.27%
Value of Rs. 10000 invested
22,117 22,641 21,708 20,374
(in Rs.) Since Inception
NAV as on 31st January, 2024 `22.117
Index Value 31st January, 2024 Index Value of Scheme benchmark is 31,011.17 / 15,636.73 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 14th May, 2019
Scheme Benchmark *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

90 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Equity Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Midcap Fund - Fund Manager - Mr. Ankit Jain

Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 43.17% 55.19% 22.10%
Last 3 years 27.78% 32.49% 17.15%
Since Inception 27.85% 29.38% 16.66%
Value of Rs. 10000 invested
30,300 31,977 20,041
(in Rs.) Since Inception
NAV as on 31st January, 2024 `30.300
Index Value 31st January, 2024 Index Value of Scheme benchmark is 22,495.94 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 29th July, 2019
Scheme Benchmark *Nifty Midcap 150 (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Great Consumer Fund - Fund Manager - Mr. Ankit Jain and Mr. Siddhant Chhabria
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 35.32% 32.20% 22.10%
Last 3 years 22.64% 19.67% 17.15%
Last 5 years 18.45% 16.67% 16.01%
Since Inception 17.30% 15.67% 12.36%
Value of Rs. 10000 invested
77,775 64,970 44,718
(in Rs.) Since Inception
NAV as on 31st January, 2024 `77.775
Index Value 31st January, 2024 Index Value of Scheme benchmark is 11,945.20 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 29th March, 2011
Scheme Benchmark *Nifty India Consumption Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Healthcare Fund - Fund Manager - Mr. Vrijesh Kasera

Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 44.50% 51.45% 22.10%
Last 3 years 18.85% 18.69% 17.15%
Last 5 years 23.84% 20.32% 16.01%
Since Inception 21.82% 17.99% 14.90%
Value of Rs. 10000 invested
30,115 25,197 21,730
(in Rs.) Since Inception
NAV as on 31st January, 2024 `30.115
Index Value 31st January, 2024 Index Value of Scheme benchmark is 38,797.41 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 02nd July, 2018
Scheme Benchmark *S&P BSE Healthcare Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Banking and Financial Services Fund - Fund Manager - Mr. Gaurav Kochar
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 25.38% 14.37% 22.10%
Last 3 years 17.46% 12.87% 17.15%
Since Inception 17.01% 12.49% 16.49%
Value of Rs. 10000 invested
16,376 14,471 16,149
(in Rs.) Since Inception
NAV as on 31st January, 2024 `16.376
Index Value 31st January, 2024 Index Value of benchmark is 25,494.88 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 11th December, 2020
Scheme Benchmark *Nifty Financial Services Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Flexi cap Fund - Fund Manager - Mr. Vrijesh Kasera
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 25.47% 35.45% 20.78%
Since Inception (Annualized) 33.71% 39.52% 27.45%
Value of Rs. 10000 invested
13,118 13,649 12,544
(in Rs.) Since Inception
NAV as on 31st January, 2024 `13.118
Index Value 31st January, 2024 Index Value of benchmark is 31,011.17 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 24th Feb, 2023
Scheme Benchmark *Nifty 500 Index (TRI)
Additional Benchmark **Nifty 50 Index (TRI)

91 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Debt Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Overnight Fund - Fund Manager - Mr. Abhishek Iyer

Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 7 Days 6.61% 6.75% 6.91%
Last 15 Days 6.65% 6.76% 6.13%
Last 30 Days 6.65% 6.75% 6.22%
Last 1 year 6.68% 6.81% 6.91%
Last 3 years 4.91% 5.03% 4.99%
Since Inception 4.52% 4.61% 5.18%
Value of Rs. 10000 invested
12,095 12,139 12,423
(in Rs.) Since Inception
NAV as on 31st January, 2024 `1209.5205
Index Value 31st January, 2024 Index Value of benchmark is 2,235.92 and CRISIL 1 Year T-Bill is 7,011.51
Date of allotment 15th October, 2019
Scheme Benchmark *NIFTY 1D Rate Index
Additional Benchmark **CRISIL 1 Year T bill

Mirae Asset Liquid Fund# - Fund Manager - Mr. Abhishek Iyer

Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 7 days 6.93% 7.03% 6.91%
Last 15 days 6.64% 6.86% 6.13%
Last 30 days 7.07% 7.35% 6.42%
Last 1 year 7.09% 7.36% 6.91%
Last 3 years 5.16% 5.38% 4.99%
Last 5 years 5.17% 5.32% 5.55%
Since Inception 6.22% 6.99% 6.03%
Value of Rs. 10000 invested
24,797 27,681 24,167
(in Rs.) Since Inception
NAV as on 31st January, 2024 `2,479.7049
Index Value 31st January, 2024 Index Value of benchmark is 4,508.12 and CRISIL 1 Year T-Bill is 7,011.51
Date of allotment 12th January, 2009
Scheme Benchmark *NIFTY Liquid Index B-I
Additional Benchmark **CRISIL 1 Year T-Bill

Mirae Asset Ultra Short Duration Fund - Fund Manager - Mr. Basant Bafna
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 7.22% 7.76% 6.91%
Last 3 years 5.23% 5.77% 4.99%
Since Inception 5.03% 5.60% 4.81%
Value of Rs. 10000 invested
11,770 11,980 11,686
(in Rs.) Since Inception
NAV as on 31st January, 2024 `1,176.9507
Index Value 31st January, 2024 Index Value of benchmark is 5,080.64 and CRISIL 1 Year T-Bill is 7,011.51
Date of allotment 07th October, 2020
Scheme Benchmark *NIFTY Ultra Short Duration Debt Index B-I
Additional Benchmark **CRISIL 1 Year T-Bill

Mirae Asset Low Duration Fund# - Fund Manager - Ms. Kruti Chheta
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 6.72% 7.82% 8.25%
Last 3 years 4.71% 5.74% 3.35%
Last 5 years 5.18% 6.34% 5.98%
Since Inception 6.32% 7.51% 6.50%
Value of Rs. 10000 invested
20,355 23,178 20,761
(in Rs.) Since Inception
NAV as on 31st January, 2024 `2,035.5101
Index Value 31st January, 2024 Index Value of benchmark is 5,067.45 and CRISIL 10 Year Gilt Index is 4,477.17
Date of allotment 26th June, 2012
Scheme Benchmark *NIFTY Low Duration Debt Index B-I
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Money Market Fund - Fund Manager - Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 6.85% 7.50% 6.91%
Since Inception 5.22% 5.74% 5.14%
Value of Rs. 10000 invested
11,342 11,480 11,321
(in Rs.) Since Inception
NAV as on 31st January, 2024 `1,134.2352
Index Value 31st January, 2024 Index Value of benchmark is 4,667.17 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 11th Aug, 2021
Scheme Benchmark * NIFTY Money Market Index B-I
Additional Benchmark ** CRISIL 1 Year T-Bill

92 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Debt Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Short Duration Fund# - Fund Manager - Mr. Basant Bafna and Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 6.52% 7.72% 8.25%
Last 3 years 4.45% 5.76% 3.35%
Last 5 years 6.03% 7.11% 5.98%
Since Inception 5.99% 7.08% 6.32%
Value of Rs. 10000 invested
14,081 14,954 14,339
(in Rs.) Since Inception
NAV as on 31st January, 2024 `14.081
Index Value 31st January, 2024 Index Value of benchmark is 4,578.91 and CRISIL 10 Year Gilt Index is 4,477.17
Date of allotment 16th March, 2018
Scheme Benchmark *CRISIL Short Duration Debt B-II Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Banking and PSU Fund# - Fund Manager - Mr. Basant Bafna
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 6.53% 7.13% 8.25%
Last 3 Years 4.37% 4.84% 3.35%
Since Inception 4.24% 4.96% 3.39%
Value of Rs. 10000 invested
11,574 11,859 11,247
(in Rs.) Since Inception
NAV as on 31st January, 2024 ` 11.574
Index Value 31st January, 2024 Index Value of benchmark is 5,271.63 and CRISIL 10 Year Gilt Index is 4,477.17
Date of allotment 24th July, 2020
Scheme Benchmark *CRISIL Banking and PSU Debt Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Dynamic Bond Fund - Fund Manager - Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* (Tier-1) Scheme Benchmark* (Tier-2) Additional Benchmark**
Last 1 year 6.05% 11.11% 7.41% 8.25%
Last 3 years 3.46% 11.84% NA 3.35%
Last 5 years 6.09% 10.54% NA 5.98%
Since Inception 5.64% 9.32% NA 5.29%
Value of Rs. 10000 invested
14,573 18,431 NA 14,238
(in Rs.) Since Inception
NAV as on 31st January, 2024 `14.573
Index Value 31st January, 2024 Index Value of Scheme benchmark is 8,016.73 / 1,116.51 and CRISIL 10 Year Gilt Index is 4,477.17
Date of allotment 24th March, 2017
Scheme Benchmark *Tier-1 - CRISIL Dynamic Bond C-III Index *Tier-2 - Nifty PSU Bond Plus SDL Apr 2027 50:50 Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Corporate Bond Fund - Fund Manager - Mr. Mahendra Jajoo and Mr. Basant Bafna
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 6.55% 7.28% 8.25%
Since Inception 4.59% 6.41% 4.01%
Value of Rs. 10000 invested
11,377 11,957 11,197
(in Rs.) Since Inception
NAV as on 31st January, 2024 ` 11.3768
Index Value 31st January, 2024 Index Value of benchmark is 5,564.37 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 17th March, 2021
Scheme Benchmark *CRISIL Corporate Bond B-III Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Nifty SDL Jun 2027 Index Fund - Fund Manager - Mr. Mahendra Jajoo and Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 7.11% 7.56% 8.25%
Since Inception 4.93% 5.48% 5.33%
Value of Rs. 10000 invested
10,926 11,032 11,003
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.9262
Index Value 31st January, 2024 Index Value of benchmark is 1,109.61 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 30th March, 2022
Scheme Benchmark *Nifty SDL Jun 2027 Index
Additional Benchmark **CRISIL 10 Year Gilt Index
93 Mirae Asset Investment Managers (India) Private Limited
FUND PERFORMANCE
For all Debt and Hybrid Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Nifty AAA PSU Bond+ SDL Apr 26 50:50 Index Fund - Fund Manager - Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 6.82% 7.46% 8.25%
Since Inception 6.90% 7.58% 8.79%
Value of Rs. 10000 invested
10,893 10,982 11,140
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.8927
Index Value 31st January, 2024 Index Value of benchmark is 1,102.00 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 20th October, 2022
Scheme Benchmark *Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund - Fund Manager - Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 8.01% 8.54% 8.25%
Since Inception 8.55% 9.11% 8.79%
Value of Rs. 10000 invested
11,109 11,182 11,140
(in Rs.) Since Inception
NAV as on 31st January, 2024 `11.1091
Index Value 31st January, 2024 Index Value of benchmark is 1,115.79 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 20th October, 2022
Scheme Benchmark *CRISIL IBX Gilt Index - April 2033
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Nifty SDL June 2028 Index Fund - Fund Manager - Mr. Mahendra Jajoo
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 6.65% 7.22% 6.57%
Since Inception (Annualized) 7.11% 7.68% 7.90%
Value of Rs. 10000 invested
10,593 10,640 10,659
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.5930
Index Value 31st January, 2024 Index Value of benchmark is 1,074.71 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 31st March, 2023
Scheme Benchmark *Nifty SDL June 2028 Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Aggressive Hybrid Fund# - Fund Managers - Mr. Vrijesh Kasera, Mr. Harshad Borawake(Equity Portion) & Mr. Mahendra Jajoo(Debt Portion)
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 22.54% 22.40% 22.10%
Last 3 years 15.39% 15.06% 17.15%
Last 5 years 14.25% 14.63% 16.01%
Since Inception 12.46% 12.24% 13.25%
Value of Rs. 10000 invested
27,177 26,729 28,854
(in Rs.) Since Inception
NAV as on 31st January, 2024 `27.177
Index Value 31st January, 2024 Index Value of Scheme benchmark is 17,735.72 and S&P BSE Sensex (TRI) is 1,09,947.70
Date of allotment 29th July, 2015
Scheme Benchmark *CRISIL Hybrid 35+65 - Aggressive Index
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Balanced Advantage Fund - Fund Manager - Mr. Harshad Borawake & Mr. Mahendra Jajoo
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 20.90% 15.95% 24.35%
Since Inception 14.49% 11.73% 16.13%
Value of Rs. 10000 invested
12,208 11,777 12,466
(in Rs.) Since Inception
NAV as on 31st January, 2024 `12.208
Index Value 31st January, 2024 Index Value of benchmark is 14,046.87 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 11th Aug, 2022
Scheme Benchmark *Nifty 50 Hybrid Composite Debt 50:50 Index
Additional Benchmark **Nifty 50 Index (TRI)

94 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Hybrid and Passive Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Equity Savings Fund - Fund Managers - Mr. Vrijesh Kasera, Mr. Harshad Borawake, Ms. Bharti Sawant & Mr. Mahendra Jajoo
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 16.38% 13.69% 8.25%
Last 3 years 11.59% 10.07% 3.35%
Last 5 years 11.72% 10.04% 5.98%
Since Inception 11.53% 9.88% 5.98%
Value of Rs. 10000 invested
17,494 16,212 13,468
(in Rs.) Since Inception
NAV as on 31st January, 2024 `17.494
Index Value 31st January, 2024 Index Value of Scheme benchmark is 5,506.72 and CRISIL 10 Year Gilt Index is 4,477.17
Date of allotment 18th Dec, 2018
Scheme Benchmark *Nifty Equity Savings Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Arbitrage Fund - Fund Managers - Mr. Jignesh Rao, Mr. Jigar Sethia & Mr. Abhishek Iyer
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 7.67% 8.45% 6.91%
Last 3 years 5.13% 5.72% 4.99%
Since Inception 4.77% 5.03% 4.72%
Value of Rs. 10000 invested
11,835 11,944 11,817
(in Rs.) Since Inception
NAV as on 31st January, 2024 `11.835
Index Value 31st January, 2024 Index Value of Scheme benchmark is 2,273.58 and CRISIL 1 Year T-Bill is 7,011.51
Date of allotment 19th June, 2020
Scheme Benchmark * Nifty 50 Arbitrage Index
Additional Benchmark ** CRISIL 1 Year T-Bill

Mirae Asset Nifty 50 ETF - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark*
Last 1 year 24.31% 24.35%
Last 3 years 18.12% 18.19%
Last 5 years 16.17% 16.30%
Since Inception 15.88% 16.01%
Value of Rs. 10000 invested
21,520 21,648
(in Rs.) Since Inception
NAV as on 31st January, 2024 `229.2799
Index Value 31st January, 2024 Index Value of benchmark is 31,939.59
Date of allotment 20th November, 2018
Scheme Benchmark *Nifty 50 Index (TRI)

Mirae Asset Nifty Next 50 ETF - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark*
Last 1 year 41.54% 41.92% 22.10%
Last 3 years 21.03% 21.30% 17.15%
Since Inception 17.60% 18.24% 15.90%
Value of Rs. 10000 invested
19,194 19,616 18,099
(in Rs.) Since Inception
NAV as on 31st January, 2024 `559.5669
Index Value 31st January, 2024 Index Value of benchmark is 78,228.92 and of additional benchmark is 1,09,947.70
Allotment Date 24th January, 2020
Scheme Benchmark *Nifty Next 50 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset NIFTY 100 ESG Sector Leaders ETF - Fund Manager - Ms. Ekta Gala and Mr. Akshay Udeshi
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 23.76% 24.84% 22.10%
Last 3 years 15.40% 16.19% 17.15%
Since Inception 16.05% 16.93% 17.87%
Value of Rs. 10000 invested
16,116 16,512 16,937
(in Rs.) Since Inception
NAV as on 31st January, 2024 `36.0093
Index Value 31st January, 2024 Index Value of benchmark is 4,068.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 17th November, 2020
Scheme Benchmark *Nifty 100 ESG Sector Leaders Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

95 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Passive Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset NYSE FANG+ ETF - Fund Manager - Mr. Siddharth Srivastava
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 72.46% 73.86% 22.10%
Since Inception 16.73% 17.29% 16.45%
Value of Rs. 10000 invested
15,279 15,478 15,176
(in Rs.) Since Inception
NAV as on 31st January, 2024 `74.2493
Index Value 31st January, 2024 Index Value of benchmark is 10,321.43 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 06th May, 2021
Scheme Benchmark *NYSE FANG+ Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Nifty Financial Services ETF - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 14.33% 14.37% 22.10%
Since Inception 9.82% 9.95% 14.50%
Value of Rs. 10000 invested
12,646 12,684 14,043
(in Rs.) Since Inception
NAV as on 31st January, 2024 `20.8271
Index Value 31st January, 2024 Index Value of benchmark is 25,494.88 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 30th July, 2021
Scheme Benchmark *Nifty Financial Services Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset S&P 500 Top 50 ETF - Fund Manager - Mr. Siddharth Srivastava
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 33.95% 35.53% 22.10%
Since Inception 12.42% 13.55% 10.33%
Value of Rs. 10000 invested
13,189 13,506 12,617
(in Rs.) Since Inception
NAV as on 31st January, 2024 `36.1346
Index Value 31st January, 2024 Index Value of benchmark is 7,239.21 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 20th September, 2021
Scheme Benchmark * S&P 500 Top 50 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Hang Seng TECH ETF - Fund Manager - Mr. Siddharth Srivastava
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year -32.75% -32.34% 22.10%
Since Inception -22.63% -22.12% 12.90%
Value of Rs. 10000 invested
5,754 5,837 12,987
(in Rs.) Since Inception
NAV as on 31st January, 2024 `10.6207
Index Value 31st January, 2024 Index Value of benchmark is 3,609.15 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 06th December, 2021
Scheme Benchmark *Hang Seng TECH (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Nifty India Manufacturing ETF - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 36.39% 37.11% 22.10%
Since Inception 21.02% 21.61% 13.33%
Value of Rs. 10000 invested
14,676 14,820 12,860
(in Rs.) Since Inception
NAV as on 31st January, 2024 `113.9948
Index Value 31st January, 2024 Index Value of benchmark is 14,515.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 27th January, 2022
Scheme Benchmark *Nifty India Manufacturing Index (TRI)
Additional Benchmark ** S&P BSE Sensex (TRI)

96 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Passive Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Nifty Midcap 150 ETF - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 54.91% 55.19% 22.10%
Since Inception 33.38% 33.72% 16.94%
Value of Rs. 10000 invested
17,280 17,361 13,460
(in Rs.) Since Inception
NAV as on 31st January, 2024 `18.0381
Index Value 31st January, 2024 Index Value of benchmark is 22,495.94 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 09th March, 2022
Scheme Benchmark *Nifty Midcap 150 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Gold ETF - Fund Manager - Mr. Ritesh Patel and Mr. Akshay Udeshi (Co-Fund Manager)
Returns (in%)
Period
Scheme Scheme Benchmark*
6 Months (Annualized) 10.90% 11.07%
Since Inception (Annualized) 10.92% 12.12%
Value of Rs. 10000 invested
11,026 11,138
(in Rs.) Since Inception
NAV as on 31st January, 2024 `62.3452
Index Value 31st January, 2024 Index Value of benchmark is 62,59,756.99
Allotment Date 20th Feb, 2023
Scheme Benchmark *Domestic Prices of Gold (INR)

Mirae Asset Nifty 100 Low Volatility 30 ETF - Fund Manager - Ms. Ekta Gala & Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 33.02% 33.55% 20.78%
Since Inception (Annualized) 44.29% 45.07% 34.41%
Value of Rs. 10000 invested
13,695 13,758 12,886
(in Rs.) Since Inception
NAV as on 31st January, 2024 `175.1775
Index Value 31st January, 2024 Index Value of benchmark is 23,785.46 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 24th March, 2023
Scheme Benchmark *Nifty 100 Low Volatility 30 TRI
Additional Benchmark **Nifty 50 Index (TRI)

Mirae Asset Silver ETF - Fund Manager - Mr. Ritesh Patel and Mr. Akshay Udeshi (Co-Fund Manager)
Returns (in%)
Period
Scheme Scheme Benchmark*
6 Months (Annualized) -5.45% -5.37%
Since Inception (Annualized) -5.00% -3.90%
Value of Rs. 10000 invested
9,678 9,749
(in Rs.) Since Inception
NAV as on 31st January, 2024 `71.5812
Index Value 31st January, 2024 Index Value of benchmark is 71,499.28
Allotment Date 09th Jun, 2023
Scheme Benchmark *Domestic Price of Physical Silver (based on London Bullion Market association (LBMA) Silver daily spot fixing price.)

Mirae Asset Nifty Bank ETF - Fund Manager - Ms. Ekta Gala & Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 1.86% 1.96% 20.78%
Since Inception (Annualized) -0.71% -0.34% 17.34%
Value of Rs. 10000 invested
9,962 9,982 10,892
(in Rs.) Since Inception
NAV as on 31st January, 2024 `460.1056
Index Value 31st January, 2024 Index Value of benchmark is 63,077.37 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 20th July, 2023
Scheme Benchmark *Nifty Bank (TRI)
Additional Benchmark **Nifty 50 Index (TRI)

97 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Passive Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset Nifty 8-13 Yr G-SEC ETF - Fund Manager - Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 7.25% 7.34% 6.57%
Since Inception (Annualized) 8.08% 8.26% 7.90%
Value of Rs. 10000 invested
10,673 10,688 10,659
(in Rs.) Since Inception
NAV as on 31st January, 2024 `25.3796
Index Value 31st January, 2024 Index Value of benchmark is 2,542.17 and CRISIL 10 Year Gilt Index is 4,477.17
Allotment Date 31st March, 2023
Scheme Benchmark *Nifty 8-13 yr G-Sec Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Mirae Asset Nifty 1D Rate Liquid ETF - Fund Manager - Mr. Amit Modani
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
6 Months (Annualized) 6.57% 6.82% 6.76%
Since Inception (Annualized) 6.63% 6.82% 6.75%
Value of Rs. 10000 invested
10,336 10,345 10,342
(in Rs.) Since Inception
NAV as on 31st January, 2024 `1,034.14
Index Value 31st January, 2024 Index Value of benchmark is 2,235.92 and CRISIL 1 Year T-Bill is 7,011.51
Allotment Date 27th July, 2023
Scheme Benchmark *NIFTY 1D Rate Index
Additional Benchmark **CRISIL 1 Year T-Bill

Mirae Asset NIFTY 100 ESG Sector Leaders Fund of Fund - Fund Manager - Ms. Ekta Gala and Mr. Akshay Udeshi
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 year 22.83% 24.84% 22.10%
Last 3 years 14.54% 16.19% 17.15%
Since Inception 15.30% 16.91% 17.69%
Value of Rs. 10000 invested
15,776 16,492 16,850
(in Rs.) Since Inception
NAV as on 31st January, 2024 `15.776
Index Value 31st January, 2024 Index Value of benchmark is 4,068.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 18th November, 2020
Scheme Benchmark *Nifty 100 ESG Sector Leaders Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Equity Allocator Fund of Fund - Fund Manager - Ms. Bharti Sawant
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 30.87% 30.87% 22.10%
Last 3 Years 20.02% 20.40% 17.15%
Since Inception 24.78% 25.10% 22.18%
Value of Rs. 10000 invested
21,046 21,230 19,608
(in Rs.) Since Inception)
NAV as on 31st January, 2024 `21.046
Index Value 31st January, 2024 Index Value of benchmark is 15,636.73 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 21st September, 2020
Scheme Benchmark *Nifty 200 Index (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset NYSE FANG+ETF Fund of Fund - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 80.43% 73.86% 22.10%
Since Inception 18.66% 19.09% 16.04%
Value of Rs. 10000 invested
15,950 16,106 15,007
(in Rs.) Since Inception)
NAV as on 31st January, 2024 `15.950
Index Value 31st January, 2024 Index Value of benchmark is 10,321.43 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 10th May, 2021
Scheme Benchmark *NYSE FANG+ Index (TRI) (INR)
Additional Benchmark **S&P BSE Sensex (TRI)

98 Mirae Asset Investment Managers (India) Private Limited

FUND PERFORMANCE
For all Passive Funds

Monthly Factsheet as on 31 January, 2024

Mirae Asset S&P 500 Top 50 ETF Fund of Fund - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 35.84% 35.53% 22.10%
Since Inception 11.83% 13.07% 10.01%
Value of Rs. 10000 invested
13,018 13,360 12,523
(in Rs.) Since Inception
NAV as on 31st January, 2024 `13.018
Index Value 31st January, 2024 Index Value of benchmark is 7,239.21 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 22nd September, 2021
Scheme Benchmark *S&P 500 Top 50 Index (TRI) (INR)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Hang Seng TECH ETF Fund of Fund - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year -20.23% -32.34% 22.10%
Since Inception -18.08% -23.69% 11.22%
Value of Rs. 10000 invested
6,516 5,595 12,566
(in Rs.) Since Inception
NAV as on 31st January, 2024 `6.516
Index Value 31st January, 2024 Index Value of benchmark is 3,609.15 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 08th December, 2021
Scheme Benchmark *Hang Seng TECH (TRI)
Additional Benchmark **S&P BSE Sensex (TRI)

Mirae Asset Nifty India Manufacturing ETF Fund of Fund - Fund Manager - Ms. Ekta Gala and Mr. Vishal Singh
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 35.56% 37.11% 22.10%
Since Inception 19.29% 20.73% 12.68%
Value of Rs. 10000 invested
14,231 14,576 12,697
(in Rs.) Since Inception
NAV as on 31st January, 2024 `14.231
Index Value 31st January, 2024 Index Value of benchmark is 14,515.57 and S&P BSE Sensex (TRI) is 1,09,947.70
Allotment Date 31st January, 2022
Scheme Benchmark *Nifty India Manufacturing Index (TRI)
Additional Benchmark ** S&P BSE Sensex (TRI)

Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund - Fund Manager - Mr. Siddharth Srivastava
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year -11.23% -0.25% 24.35%
Since Inception -6.02% 4.14% 17.15%
Value of Rs. 10000 invested
9,167 10,584 12,481
(in Rs.) Since Inception
NAV as on 31st January, 2024 `9.167
Index Value 31st January, 2024 Index Value of benchmark is 1,678.39 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 07th Sep, 2022
Scheme Benchmark *Solactive Autonomous & Electric Vehicles Index (TRI) (INR)
Additional Benchmark **Nifty 50 Index (TRI)

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund - Fund Manager - Mr. Siddharth Srivastava
Returns (in%)
Period
Scheme Scheme Benchmark* Additional Benchmark**
Last 1 Year 38.67% 39.91% 24.35%
Since Inception 35.28% 37.10% 17.15%
Value of Rs. 10000 invested
15,266 15,555 12,481
(in Rs.) Since Inception
NAV as on 31st January, 2024 `15.266
Index Value 31st January, 2024 Index Value of benchmark is 4,892.53 and Nifty 50 Index (TRI) is 31,939.59
Allotment Date 07th Sep, 2022
Scheme Benchmark *Indxx Artificial Intelligence & Big Data Index (TRI) (INR)
Additional Benchmark **Nifty 50 Index (TRI)
Past Performance may or may not sustained in future.
$ For computation of since inception returns (%) the allotment NAV has been taken as `1000.00 for Mirae Asset Liquid Fund, Mirae Asset Low Duration, Fund Mirae Asset Overnight Fund, & Mirae Asset Money Market Fund and `10.00 for
all other Schemes. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns.
Returns (%) for less than 1 year calculated on simple annualized basis. The calculations of returns shall assume reinvestment of all payouts at the then prevailing NAV. CAGR - Compounded Annualised Growth returns. NAV (per unit) is at
the end of the period. **Standard benchmark prescribed as per the applicable SEBI circular.
For Mirae Asset Low Duration Fund the returns are for Regular Savings Plan - Growth Option. Returns for others scheme are provided for Regular Plan Growth Option. Load is not considered for computation of return.
Mirae Asset Multicap Fund, Mirae Asset S&P BSE Sensex ETF, Mirae Asset Nifty 200 Alpha 30 ETF and Mirae Asset Nifty IT ETF are in existence for less than 6 Month, as per SEBI regulation performance of the schemes has not been shown.
Latest available NAV has been taken for return calculation wherever applicable #Pursuant to notice cum addendum no. 62/2023, the name of the schemes has been changed with effect from December 15, 2023.

99 Mirae Asset Investment Managers (India) Private Limited

IDCW HISTORY

Monthly Factsheet as on 31 January, 2024

Income Distribution cum capital withdrawal Income Distribution cum capital withdrawal
Face Face
Record Quantum NAV Record Quantum NAV
Value Value
Date (` per unit) (` per unit) Date (` per unit) (` per unit)
(` per unit) (` per unit)
Mirae Asset ELSS Tax Saver Fund(IDCW)-Regular Plan Mirae Asset Large & Midcap Fund(IDCW)-Regular Plan
14-Mar-22 1.75 10.00 21.860 14-Mar-22 3.50 10.00 43.020
07-Feb-23 1.80 10.00 20.890 07-Feb-23 3.50 10.00 40.450
28-Jul-23 1.80 10.00 21.638 28-Jul-23 3.50 10.00 41.930
Mirae Asset ELSS Tax Saver Fund(IDCW)-Direct Plan Mirae Asset Large & Midcap Fund(IDCW)-Direct Plan
14-Mar-22 2.00 10.00 24.880 14-Mar-22 5.75 10.00 71.520
07-Feb-23 2.10 10.00 24.010 07-Feb-23 6.00 10.00 67.910
28-Jul-23 2.05 10.00 24.958 28-Jul-23 5.80 10.00 70.570
Past Performance may or may not be sustained in future. Past Performance may or may not be sustained in future.
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any). extent of payout and statutory levy (if any).
IDCW history is for Mirae Asset ELSS Tax Saver Fund - Regular Plan and Direct Plan - IDCW history is for Mirae Asset Large & Midcap Fund - Regular Plan and Direct Plan -
IDCW Option IDCW Option

Income Distribution cum capital withdrawal Income Distribution cum capital withdrawal
Face Face
Record Quantum NAV Record Quantum NAV
Value Value
Date (` per unit) (` per unit) Date (` per unit) (` per unit)
(` per unit) (` per unit)
Mirae Asset Large Cap Fund(IDCW)-Regular Plan Mirae Asset Great Consumer Fund(IDCW)-Regular Plan
23-Mar-21 1.65 10.00 21.620 23-Mar-21 1.50 10.00 18.830
Mirae Asset Large Cap Fund(IDCW)-Direct Plan 28-Mar-22 1.60 10.00 20.290
15-Mar-21 3.65 10.00 47.600 14-Feb-23 1.70 10.00 20.760
Past Performance may or may not be sustained in future. Mirae Asset Great Consumer Fund(IDCW)-Direct Plan
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any). 23-Mar-21 3.50 10.00 44.890
IDCW history is for Mirae Asset Large Cap Fund - Regular Plan and Direct Plan - IDCW
Option 28-Mar-22 3.80 10.00 49.230
14-Feb-23 4.10 10.00 51.150
Past Performance may or may not be sustained in future.
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any).
IDCW history is for Mirae Asset Great Consumer Fund - Regular Plan and Direct Plan -
IDCW Option

Income Distribution cum capital withdrawal Income Distribution cum capital withdrawal
Face Face
Record Quantum NAV Record Quantum NAV
Value Value
Date (` per unit) (` per unit) Date (` per unit) (` per unit)
(` per unit) (` per unit)
Mirae Asset Midcap Fund(IDCW)-Regular Plan Mirae Asset Healthcare Fund(IDCW)-Regular Plan
28-Mar-22 1.65 10.00 20.120 22-Mar-22 1.80 10.00 22.200
14-Feb-23 1.75 10.00 19.170 27-Oct-22 1.80 10.00 20.310
Mirae Asset Midcap Fund(IDCW)-Direct Plan 14-Feb-23 1.70 10.00 17.300
28-Mar-22 1.70 10.00 20.970 Mirae Asset Healthcare Fund(IDCW)-Direct Plan
14-Feb-23 1.70 10.00 20.220 22-Mar-22 1.90 10.00 23.550
Past Performance may or may not be sustained in future. 27-Oct-22 1.80 10.00 21.740
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any). 14-Feb-23 1.55 10.00 18.730
IDCW history is for Mirae Asset Midcap Fund - Regular Plan and Direct Plan - IDCW
Option Past Performance may or may not be sustained in future.
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any).
IDCW history is provided for the past 36 months
IDCW history is for Mirae Asset Healthcare Fund - Regular Plan and Direct Plan - IDCW
Option

100 Mirae Asset Investment Managers (India) Private Limited

IDCW HISTORY

Monthly Factsheet as on 31 January, 2024

Income Distribution cum capital withdrawal Income Distribution cum capital withdrawal
Face Face
Record Quantum NAV Record Quantum NAV
Value Value
Date (` per unit) (` per unit) Date (` per unit) (` per unit)
(` per unit) (` per unit)
Mirae Asset Aggressive Hybrid Fund(IDCW)-Regular Plan Mirae Asset Low Duration Fund (IDCW)-Regular Plan (Quarterly)
23-Mar-21 1.20 10.00 15.420 14-Jan-21 16.00 1000.00 1020.1200
22-Mar-22 1.25 10.00 16.280 19-May-21 16.00 1000.00 1031.9500
14-Feb-23 1.25 10.00 15.490 16-Jul-21 26.00 1000.00 1037.6400
Mirae Asset Aggressive Hybrid Fund(IDCW)-Direct Plan 18-Oct-21 15.00 1000.00 1019.5700
23-Mar-21 1.35 10.00 17.750 17-Jan-22 10.00 1000.00 1011.3700
22-Mar-22 1.50 10.00 19.040 18-Apr-22 7.50 1000.00 1008.6200
14-Feb-23 1.50 10.00 18.300 14-Jul-22 6.00 1000.00 1007.8800
Past Performance may or may not be sustained in future. 17-Oct-22 12.00 1000.00 1013.0400
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any). 20-Jan-23 16.00 1000.00 1016.8200
IDCW history is for Mirae Asset Aggressive Hybrid Fund - Regular Plan and Direct Plan -
13-Apr-23 14.75 1000.00 1016.3800
IDCW Option
11-Jul-23 16.50 1000.00 1017.0554
12-Oct-23 17.00 1000.00 1017.4186
Income Distribution cum capital withdrawal
Face Mirae Asset Low Duration Fund (IDCW)-Direct Plan (Quarterly)
Record Quantum NAV
Value 14-Jan-21 14.00 1000.00 1018.6300
Date (` per unit) (` per unit)
(` per unit)
19-May-21 14.00 1000.00 1032.7600
Mirae Asset Equity Savings Fund(IDCW)-Regular Plan
16-Jul-21 25.00 1000.00 1039.5200
23-Mar-21 1.05 10.00 13.140
18-Oct-21 20.00 1000.00 1024.2300
22-Mar-22 1.10 10.00 13.330
17-Jan-22 11.00 1000.00 1012.6500
14-Feb-23 1.05 10.00 12.730
18-Apr-22 9.00 1000.00 1010.5200
Mirae Asset Equity Savings Fund(IDCW)-Direct Plan
14-Jul-22 8.00 1000.00 1009.8000
23-Mar-21 1.05 10.00 13.480
17-Oct-22 12.00 1000.00 1013.0400
22-Mar-22 1.05 10.00 13.840
20-Jan-23 16.00 1000.00 1016.8200
14-Feb-23 1.10 10.00 13.430
13-Apr-23 14.75 1000.00 1016.3800
Past Performance may or may not be sustained in future.
11-Jul-23 16.50 1000.00 1017.0554
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any). 12-Oct-23 30.00 1000.00 1030.3847
IDCW history is for Mirae Asset Equity Savings Fund - Regular Plan and Direct Plan -
IDCW Option Past Performance may or may not be sustained in future.
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the
extent of payout and statutory levy (if any).
IDCW history is for Mirae Asset Low Duration Fund - Regular Plan and Direct Plan - IDCW
Option

IDCW history is provided for the past 36 months

101 Mirae Asset Investment Managers (India) Private Limited

DISCLAIMER

FUND MANAGERS EXPERIENCES

- Mr. Neelesh Surana has over 31 years of experience in Financial Services including Fund Management.
- Mr. Gaurav Misra has over 27 years of experience in Investment Management and Equity Research Functions.
- Mr. Mahendra Jajoo has over 30 years of experience in the field of financial services including 14 years of experience in Fixed Income funds management.
- Mr. Ankit Jain has 11 years of experience in Equity Research Analysis
- Mr. Harshad Borawake has over 18 years of experience in Investment Analysis & Research
- Mr. Vrijesh Kasera has over 16 years of experience in Investment Analysis & Research
- Ms. Bharti Sawant has 15 years of experience in equity research analysis
- Mr. Jignesh Rao has over 19 years of experience in Equity Dealing and Investment Management
- Mr. Jigar Sethia has over 17 years of experience in Equity Dealing and Investment Management
- Ms. Ekta Gala has over 6 years of experience in ETF Dealing and Investment Management
- Mr. Gaurav Kochar has over 8 years of experience in Investment Analysis & Research
- Mr. Abhishek Iyer has around 14 years of experience in Dealing and Fixed Income
- Mr. Amit Modani has over 11 years of experience in Fixed Income Dealing and Fund Management
- Mr Siddharth Srivastava has more than 12 years of experience in the field of financial services and stock markets.
- Mr. Siddhant Chhabria has over 7 years of experience in equity reserach analysis
- Mr. Gaurav Khandelwal has over 12 years of experience in equity reserach analysis
- Mr. Basant Bafna has over 12 years of experience in the banking industry as Chief Dealer and Assistant General Manager
- Mr. Ritesh Patel has over 10 years of experience in the field of Commodities Market.
- Mr. Vishal Singh has over 5 years of experience in the field of Financial Services.
- Mr. Akshay Udeshi has over 4 years of experience in the field of Financial Services.

For Equity Funds: For Liquid / Debt Funds:

Current Monthly Average Expense Ratio for Growth Option (#)
(Effective Date 01stApril, 2019)
Regular Plan:
2.25% on the first `500 crores of the daily net assets
2.00% on the next `250 crores of the daily net assets
1.75% on the next `1,250 crores of the daily net assets
1.60% on the next `3,000 crores of the daily net assets
1.50% on the next `5,000 crores of the daily net assets
Total expense ratio reduction of 0.05% for every increase of `5,000 crores of daily net
assets or part there of, on the next `40,000 crores of the daily net assets
1.05% on the balance of the assets
In addition to the above a charge of 5bps on the daily net assets; Plus, a proportionate
charge in respect to sales beyond T-30 cities subject to maximum of 30 bps on daily net
assets may also be charged
Excluding Statutory levies on Investment Management Fee.
For Exchange Traded Fund:
Current Monthly Average Expense Ratio for Growth Option (#)
(Effective Date 01stApril, 2019)
Regular Plan:
1.00% of the daily net assets
For Direct Plans (Effective Date 01stApril, 2019)#:
The above Monthly Average Expense Ratio will also be applicable for Direct Plans
except that the Direct Plan shall have a lower Monthly Average Expense Ratio
excluding distribution expenses, commission, etc. and no commission for distribution of
Units will be paid / charged under Direct Plan.
(#) Any change in the Expense Ratio will be updated on AMC Website.
Current Monthly Average Expense Ratio for Growth Option (#)
(Effective Date 01stApril, 2019)
Regular Plan:
2.00% on the first `500 crores of the daily net assets
1.75% on the next `250 crores of the daily net assets
1.50% on the next `1,250 crores of the daily net assets
1.35% on the next `3,000 crores of the daily net assets
1.25% on the next `5,000 crores of the daily net assets
Total expense ratio reduction of 0.05% for every increase of `5,000 crores of daily net
assets or part there of, on the next `40,000 crores of the daily net assets
0.80% on the balance of the assets
In addition to the above a charge of 5bps on the daily net assets; Plus, a proportionate
charge in respect to sales beyond T-30 cities subject to maximum of 30 bps on daily net
assets may also be charged
Excluding Statutory levies on Investment Management Fee.
For Debt Oriented Close Ended Scheme:
Current Monthly Average Expense Ratio for Growth Option (#)
(Effective Date 01stApril, 2019)
Regular Plan:
1.00% of the daily net assets
For Direct Plans (Effective Date 01stApril, 2019)#:
The above Monthly Average Expense Ratio will also be applicable for Direct Plans
except that the Direct Plan shall have a lower Monthly Average Expense Ratio
excluding distribution expenses, commission, etc. and no commission for distribution of
Units will be paid / charged under Direct Plan.
(#) Any change in the Expense Ratio will be updated on AMC Website.

@
The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points.
#
Risk free rate: FBILOVERNIGHTMIBOR as on 31st January 2024.
^Basis last rolling 12 months.

IDCW is gross IDCW. As per current Income Tax Rules, for financial year 2023-24 IDCW under equity scheme is tax free in the hands of investors, whereas for IDCW under Debt schemes
applicable statutory levies, if any, needs to be adjusted by the AMC. The fiscal rules / tax laws are subject to change. For further details, please refer to the section titled “Taxation” in
the Statement of Additional Information of Mirae Asset Mutual Fund. In view of the individual nature of tax consequences, each investor is advised to consult his / her professional tax
advisor.

Statutory Details: Sponsor: Mirae Asset Global Investments Company Limited. Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment
Managers (India) Private Limited.

102 Mirae Asset Investment Managers (India) Private Limited

ASSET ALLOCATION

ASSET ALLOCATION

Mirae Asset Large Cap Fund Mirae Asset Great Consumer Fund

Instruments Indicative allocations Risk Profile Instruments Indicative allocations Risk Profile
(% of total assets) Risk (% of total assets) Risk
Minimum Maximum Minimum Maximum
Equities and Equity Related Securities 35% 65% High Indian Equities and Equity Related 80% 100% High
of Large cap companies* Securities of companies that are likely
to benefit either directly or indirectly
Equities and Equity Related Securities 35% 65% High from consumption led demand*
of companies other than Large cap
companies* Money market instruments / debt 0% 20% Low to Medium
securities Instruments and / or un its
Money market instruments /debt 0% 30% Low to Medium of debt / liquid schemes of domestic/
securities Instruments* international Mutual Funds.

Mirae Asset Large & Midcap Fund

Mirae Asset Healthcare Fund
Instruments Indicative allocations Risk Profile
(% of total assets) Risk Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Minimum Maximum
Minimum Maximum
Indian Equities and Equity Related 35% 65% High
Securities* of Large cap companies (top Indian Equities and Equity Related 80% 100% High
100 stocks by market capitalization at Securities* of companies that are likely
the time of investment).
to benefit either directly or indirectly
Indian Equities and Equity Related 35% 65% High from Healthcare and allied sectors
Securities* of Mid cap companies (which
are not part of the Top 100 stocks but Other equities and equity related 0% 20% High
fall within Top 250 stocks by market securities of companies in India
capitalization at the time of invest-
ment). Money market instruments / debt 0% 20% Low to Medium
ecurities, Instruments and/or units of
Other Indian Equities and Equity 0% 30% Low to Medium debt / liquid schemes of domestic Mu-
Related Securities/ Money market
instruments (including Tri-party repo)/ tual Funds
debt securities Instruments**
*Equity and Equity related instruments include investments in ADRs/IDRs convertible debentures, equity warrants, convertible preference Mirae Asset Banking and Financial Services Fund
shares, equity derivatives etc. **Debt instruments include securitized debt upto 20% of corpus.

Instruments Indicative allocations Risk Profile

Mirae Asset ELSS Tax Saver Fund
(% of total assets) Risk
Instruments Indicative allocations Risk Profile Minimum Maximum
(% of total assets) Risk
Equity and equity related instruments 80% 100% High
Minimum Maximum of companies in the Banking and
Financial Services Sector in India
Equity and Equity Related Instruments* 80% 100% High
Other equities and equity related 0% 20% High
Debt Instruments, Money Market 0% 20% Low to
Instruments
Instruments, G-Secs, Cash, TREPS, Medium
Reverse Repo, etc. Debt and Money Market Instruments 0% 20% Low to Medium
including schemes of Mutual Fund
Mirae Asset Focused Fund
Units issued by REIT/InVITs 0% 10% Medium to High
Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Mirae Asset Overnight Fund
Minimum Maximum
Instruments Indicative allocations Risk Profile
Indian Equities and Equity Related 65% 100% High (% of total assets) Risk
Securities$*
Minimum Maximum
Money market instruments / debt 0% 35% Low to Medium
securities, Instruments and/or units Overnight securities or Debt Securities* 0% 100% Low
of debt / liquid schemes of domestic and Money Market Instruments@ (in-
Mutual Funds cluding MIBOR Linked instruments with
$
Subject to overall limit of 30 stock daily call and put options)
@
Maturing on or before the next business day.
Mirae Asset Midcap Fund

Instruments Indicative allocations Risk Profile Mirae Asset Liquid Fund

(% of total assets) Risk
Instruments Indicative allocations Risk Profile
Minimum Maximum (% of total assets) Risk
Equities and equity related securities* 65% 100% High Minimum Maximum
of midcap companies
Money Market Instruments (including 20% 100% Low
Equities and equity related securities 0% 35% High Cash, Reverse Repo, TREPS) MIBOR &
other than above MIBOR linked instruments upto 91 days.

Money market instruments / debt 0% 35% Low to Medium Debt Instruments with residual maturity 0% 80% Medium
securities, Instruments and/or units upto 91 days only
of debt/liquid schemes of domestic
Mutual Funds

103 Mirae Asset Investment Managers (India) Private Limited

ASSET ALLOCATION

ASSET ALLOCATION

Mirae Asset Ultra Short Duration Fund Mirae Asset Corporate Bond Fund
Types of Instruments Indicative allocations Risk Profile Instruments Indicative allocations Risk Profile
(% of total assets) Risk (% of total assets) Risk
Minimum Maximum Minimum Maximum
Debt & Money market instruments 0% 100% Low to Medium Corporate Debt* rated AA+ and above 80% 100% Low to Medium
including government securities*
Government Securities, other debt and 0% 20% Low to Medium
Units issued by REITs & InvITs 0% 10% Medium to High Money Market Instruments
*Macaulay Duration of the portfolio shall be between 3 months and 6 months.
Units issued by REITs & InvITs 0% 10% Medium to
High
Mirae Asset Low Duration Fund *Corporate Debt include Debenture, Bonds, Commercial Papers and other instruments issued by Corporate entities (private institutions
across sectors including NBFC’s, Banks, Financial Institutions, Public Sector Undertakings etc), Securitized Debt#, etc. which are rated as
higher than or equal to AA+.
Instruments Indicative allocations Risk Profile Mirae Asset Aggressive Hybrid Fund
(% of total assets) Risk
Instruments Indicative allocations Risk Profile
Minimum Maximum (% of total assets) Risk
Money Market Instruments and debt 0% 100% Low to Medium Minimum Maximum
instruments with Macaulay duration of
the portfolio between 6 months and 12 Equity and Equity Related 65% 80% High
months
Instruments*

Debt & Money Market Instruments 20% 35% Medium

Mirae Asset Money Market Fund
Units issued by REITs and InvITs 0% 10% Medium to
Instruments Indicative allocations Risk Profile High
(% of total assets) Risk *Equity and Equity related instruments include convertible debentures, equity warrants, convertible preference shares, derivatives, etc.

Minimum Maximum Mirae Asset Equity Savings Fund

Money market instruments* 0% 100% Low Instruments Indicative allocations Risk Profile
*Money market instruments (as defined by SEBI / RBI from time to time) having maturity up to 1 Year. (% of total assets) Risk

Mirae Asset Banking and PSU Fund Minimum Maximum

Indian Equities and Equity Related 65% 90% Medium to High
Instruments Indicative Risk Profile Securities
allocations
(% of total assets) i) Equities & equity related instruments 20% 45% High
Risk (unhedged)*

Minimum Maximum ii) Equities, equity related instruments 20% 70% Low to Medium
and derivatives including index options
Debt and Money Market Instruments, 80% 100% Low to Medium & stock option etc. as part of hedged /
issued by Scheduled Commercial Banks, arbirage exposure.**
Public Sector Undertakings (PSUs)
& Public Financial Institutions (PFIs) Money market instruments / debt 10% 35% Low to Medium
Municipal Bonds securities, Instruments and/or units
of debt / liquid schemes of domestic
Debt (including government securities) 0% 20% Low to Medium Mutual Funds
and Money Market Instruments issued **The derivative positions will be hedged against corresponding positions in either equity or derivative markets depending on the strategies
by entities other than Banks, PFIs, PSUs involved and execution costs.

and Municipal Bonds Mirae Asset Arbitrage Fund

Units issued by REITs & InvITs 0% 10% Low to Medium Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Mirae Asset Short Duration Fund
Minimum Maximum
Instruments Indicative allocations Risk Profile Equities and Equity Linked 65% 90% Medium to High
(% of total assets) Risk instruments*
Minimum Maximum Derivatives including Index Futures, 65% 90% Medium to High
Stock Futures, Index Options and Stock
Money market instruments & Debt 0% 100% Low to Medium Options
instrument with macaulay duration of
the portfolio between 1 year to 3 years. Debt securities and Money Market In- 10% 35% Low to Medium
struments (including the margin money
Units issued by REITs & InvITs 0% 10% Low to Medium deployed in derivative transactions)

Units issued by REITs & InvITs 0% 10% Medium to High

Mirae Asset NIFTY 50 ETF
(NSE Symbol : NIFTYETF, BSE Code: 542131)

Instruments Indicative allocations Risk Profile Mirae Asset Dynamic Bond Fund
(% of total assets) Risk
Instruments Indicative allocations Risk Profile
Minimum Maximum (% of total assets) Risk
Securities included in the Nifty 50 Index 95% 100% High Minimum Maximum
Money market instruments & Debt 0% 5% Low to Medium Money market instruments & Debt 0% 100% Low to Medium
securities, Instruments and/or units securities
of debt/liquid schemes of domestic
Mutual Funds

104 Mirae Asset Investment Managers (India) Private Limited

ASSET ALLOCATION

ASSET ALLOCATION

Mirae Asset Nifty Next 50 ETF Mirae Asset Hang Seng TECH ETF
(NSE Symbol : NEXT50, BSE Code: 542922) (NSE Symbol : MAHKTECH, BSE Code: 543414)

Instruments Indicative allocations Risk Profile Instruments Indicative allocations Risk Profile
(% of total assets) Risk (% of total assets) Risk
Minimum Maximum Minimum Maximum
Securities included in the Nifty Next 50 95% 100% Low Securities included in the Hang Seng 95% 100% High
Index TECH Index

Money market instruments / debt 0% 5% Low to Medium Money market instruments / debt securi- 0% 5% Low to Medium
securities,Instruments and/or units ties, Instruments and/or units of schemes
of debt/liquid schemes of domestic of domestic Mutual Funds
Mutual Funds, but excluding
subscription and redemption cash flow$ Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund
$
Subscription cash flow is the subscription money in transit before deployment and
Instruments Indicative allocations Risk Profile
redemption cash flow is the money kept aside for meeting redemptions.
(% of total assets) Risk
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Minimum Maximum
(NSE Symbol : ESG, BSE Code: 543246)
Units of Mirae Asset Nifty 100 ESG Sector 95% 100% High
Instruments Indicative allocations Risk Profile Leaders ETF
(% of total assets) Risk Money market instruments / debt secu- 0% 5% Low to Medium
rities, Instruments and/or units of debt/
Minimum Maximum
liquid schemes of domestic Mutual Funds
Securities included in the Nifty100 95% 100% High
ESG Sector Leaders Index Mirae Asset Equity Allocator Fund of Fund

Money market instruments / debt 0% 5% Low to Medium Instruments Indicative allocations Risk Profile
securities, Instruments and/or units (% of total assets) Risk
of debt/liquid schemes of domestic
Mutual Funds. Minimum Maximum
Units of domestic Equity Exchange 95% 100% High
Mirae Asset NYSE FANG+ ETF
Traded Funds (ETFs)
(NSE Symbol : MAFANG, BSE Code: 543291)
Money market instruments / debt secu- 0% 5% Low to
Instruments Indicative allocations Risk Profile rities, Instruments and/or units of debt/ Medium
(% of total assets) Risk liquid schemes of domestic Mutual Funds

Minimum Maximum Mirae Asset NYSE FANG+ETF Fund of Fund

Securities included in the NYSE FANG+ 95% 100% High Instruments Indicative allocations Risk Profile
Index (% of total assets) Risk
Money market instruments / debt se- 0% 5% Low to Medium Minimum Maximum
curities, Instruments and/or units of
schemes of domestic Mutual Funds. Units of Mirae Asset NYSE FANG+ ETF 95% 100% High

Money market instruments / debt secu- 0% 5% Low to

Mirae Asset Nifty Financial Services ETF rities, Instruments and/or units of debt/ Medium
(NSE Symbol : BFSI, BSE Code: 543323) liquid schemes of domestic Mutual Funds

Instruments Indicative allocations Risk Profile MIRAE ASSET S&P 500 TOP 50 ETF FUND OF FUND
(% of total assets) Risk
Instruments Indicative allocations Risk Profile
Minimum Maximum (% of total assets) Risk
Securities included in the Nifty Financial 95% 100% High
Minimum Maximum
Services Index
Units of Mirae Asset S&P 500 Top 50 ETF 95% 100% High
Money market instruments / debt 0% 5% Low to Medium
securities, Instruments and/or units of Money market instruments / debt secu- 0% 5% Low to
debt/liquid schemes of domestic Mutual rities, Instruments and/or units of debt/ Medium
Funds liquid schemes of domestic Mutual Funds

Mirae Asset S&P 500 Top 50 ETF Mirae Asset Hang Seng TECH ETF Fund of Fund
(NSE Symbol : MASPTOP50, BSE Code: 543365)
Instruments Indicative allocations Risk Profile
Instruments Indicative allocations Risk Profile (% of total assets) Risk
(% of total assets) Risk
Minimum Maximum
Minimum Maximum
Units of Mirae Asset Hang Seng TECH 95% 100% High
Securities included in the S&P 500 Top 95% 100% High ETF
50 Index
Money market instruments / debt secu- 0% 5% Low to Medium
Money market instruments / debt 0% 5% Low to Medium rities, Instruments and/or units of debt/
securities, Instruments and/or units of liquid schemes of domestic Mutual Funds
schemes of domestic Mutual Funds.

105 Mirae Asset Investment Managers (India) Private Limited

ASSET ALLOCATION

ASSET ALLOCATION

Mirae Asset Nifty India Manufacturing ETF Mirae Asset Nifty India Manufacturing ETF Fund of Fund
(NSE Symbol : MAKEINDIA, BSE Code: 543454)
Instruments Indicative allocations Risk Profile
Instruments Indicative allocations Risk Profile (% of total assets) Risk
(% of total assets) Risk
Minimum Maximum
Minimum Maximum
Units of Mirae Asset Nifty India 95% 100% High
Securities included in the Nifty India 95% 100% High Manufacturing ETF
Manufacturing Index
Money market instruments / debt 0% 5% Low to Medium
Money market instruments / debt 0% 5% Low to Medium securities, Instruments
securities, Instruments and/or units of debt/liquid schemes of
and/or units of debt/liquid schemes of domestic Mutual Funds
domestic Mutual Funds
Mirae Asset Nifty Midcap 150 ETF
(NSE Symbol : MIDCAPETF, BSE Code: 543481)
Mirae Asset Nifty SDL Jun 2027 Index Fund Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Instruments Indicative allocations Risk Profile
(% of total assets) Risk Minimum Maximum
Minimum Maximum Securities included in the Nifty 95% 100% High
Midcap 150 Index
State Development Loans (SDLs) 95% 100% Low to Medium
representing Nifty SDL Jun 2027 Index Money market instruments including 0% 5% Low to Medium
Tri Party REPO/ debt securities,
Money Market instruments 0% 5% Low to Medium Instruments and/or units of debt/liquid
(Treasury Bills, Government Securities schemes of domestic Mutual Funds.
and Tri-party Repo on government
securities or T-bills Only)*
* Money Market Instruments will include only treasury bills and government securities having a residual maturity upto Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund
one year, Tri-party Repo on government securities or T-bills and any other like instruments as specified by the Reserve
Bank of India from time to time.
Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Mirae Asset Balanced Advantage Fund Minimum Maximum
Instruments Indicative allocations Risk Profile Units of overseas equity Exchange 95% 100% High
(% of total assets) Risk Traded Funds$

Minimum Maximum Money market instruments including 0% 5% Low to Medium

Tri Party REPO/ debt securities, Units of
Equity and equity related instruments 0% 100% High debt/liquid schemes of domestic Mutual
Funds
Debt securities (including securitized 0% 100% Medium to high $
The scheme may invest in multiple ETFs which are listed in different countries and tracks
debt), money market instruments
various companies which are involved in development of Electric & Autonomous Vehicles and
(including Triparty REPO, Reverse Repo
related technology, components and materials across geographies.
and equivalent)

Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund

MIRAE ASSET GLOBAL X ARTIFICIAL INTELLIGENCE & TECHNOLOGY ETF Instruments Indicative allocations Risk Profile
FUND OF FUND (% of total assets) Risk

Instruments Indicative allocations Risk Profile Minimum Maximum

(% of total assets) Risk #Bonds issued by AAA rated Public 95% 100% Low to Medium
Minimum Maximum Sector Undertaking (PSU) and State
Development Loans (SDLs) represent-
Units of Global X Artificial Intelligence & 95% 100% High ing Nifty AAA PSU Bond Plus SDL Apr
Technology ETF 2026 50:50 Index

Money market instruments including Tri 0% 5% Low to Medium Money Market instruments (Trea- 0% 5% Low to Medium
Party REPO/ debt securities sury Bills, Government Securities
and Tri-party Repo on government
securities or T-bills Only)

Mirae Asset Silver ETF (NSE Symbol : SILVRETF, BSE Code: 543922)
MIRAE ASSET CRISIL IBX GILT INDEX - APRIL 2033 INDEX FUND
Instruments Indicative allocations Risk Profile
Instruments Indicative allocations Risk Profile
(% of total assets) Risk
(% of total assets) Risk
Minimum Maximum
Minimum Maximum
Silver* 95% 100% Very High
Government Securities (G-Secs) repre- 95% 100% High
senting CRISIL IBX Gilt Index - April 2033 Money market instruments including 0% 5% Low to Medium
Tri Party REPO/ debt securities, Instru-
Money market instruments and/or units 0% 5% Low to Medium ments and/or units of debt/liquid
of debt/liquid schemes of domestic schemes of domestic Mutual Funds.
Mutual Funds
*includes physical silver and other silver related instruments^ which may be permitted by Regulator from time to time.
Exchange Traded Commodity Derivatives (ETCDs) having silver as the underlying shall be considered as ‘silver related
instrument’ for Silver ETF.

106 Mirae Asset Investment Managers (India) Private Limited

ASSET ALLOCATION

ASSET ALLOCATION

Mirae Asset Nifty 100 Low Volatility 30 ETF Mirae Asset Flexi Cap Fund
(NSE Symbol : LOWVOL, BSE Code: 543858)
Instruments Indicative allocations Risk Profile
Instruments Indicative allocations Risk Profile (% of total assets) Risk
(% of total assets) Risk
Minimum Maximum
Minimum Maximum
*Equity and Equity related instruments 65% 100% High
Securities included in the Nifty 100 Low 95% 100% High including equity linked derivatives
Volatility 30 Index
Debt securities (including securitized 0% 35% Low to Medium
Money market instruments / debt secu- 0% 5% Low to Medium debt & debt derivatives) and money
rities, Instruments and/or units of debt/ market instruments$
liquid schemes of domestic Mutual
Funds. Units issued by REITs and InvITs 0% 10% Medium to High
$The Scheme may invest in units of mutual funds up to 20% of the net assets of the scheme.
Mirae Asset Nifty SDL June 2028 Index Fund *Equity and Equity related instruments include convertible debentures, equity warrants,
convertible preference shares and equity derivatives.
Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Mirae Asset Nifty 8-13 yr G-Sec ETF
Minimum Maximum NSE Symbol : GSEC10YEAR, BSE Code: 543875)
State Development Loans (SDLs), 95% 100% Low to Medium Instruments Indicative allocations Risk Profile
Government securities, TREPs on (% of total assets) Risk
Government Securities, Treasury bills
Minimum Maximum
Money Market instruments (Treasury 0% 5% Low to Medium
Bills, Government Securities and Government securities, TREPS on 95% 100% Low
Tri-party Repo on government securi- Government Securities, Treasury bills
ties or T-bills Only)
Money Market instruments (Treasury 0% 5% Low to Medium
Mirae Asset Gold ETF Bills, Government Securities and
(NSE Symbol : GOLDETF, BSE Code: 543781) Tri-party Repo on government securi-
ties or T-bills Only)
Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Minimum Maximum Mirae Asset Nifty 1D Rate Liquid ETF
(NSE Symbol : LIQUID, BSE Code: 543946)
Gold and gold related instruments* 95% 100% Medium to
High Instruments Indicative allocations Risk Profile
(% of total assets) Risk
Money market instruments including 0% 5% Low to Medium
Tri Party REPO/ debt securities, Instru- Minimum Maximum
ments and/or units of debt/liquid
schemes of domestic Mutual Funds. Securities included in the Nifty 1D Rate 95% 100% Low
Index (TREPS)
*includes physical Gold and other gold related instruments^ which may be permitted by
Regulator from time to time. Exchange Traded Commodity Derivatives (ETCDs) having gold Units of Liquid schemes, Money Market 0% 5% Low to Medium
as the underlying shall be considered as ‘gold related instrument’ for Gold ETF. Further, “Gold Instruments (with maturity not exceed-
Monetization Scheme” (GMS) of Banks shall be considered as ‘gold related instrument’ ing 91 days), cash & cash equivalents

Mirae Asset Nifty Bank ETF

(NSE Symbol: BANKETF, BSE Code: 543944) Mirae Asset Multicap Fund
Instruments Indicative allocations Risk Profile Instruments Indicative allocations Risk Profile
(% of total assets) Risk (% of total assets) Risk
Minimum Maximum Minimum Maximum
Securities included in the Nifty Bank 95% 100% High *Equity and Equity related instruments 75% 100% High
Index including equity linked derivatives in
the following manner:
Money market instruments / debt 0% 5% Low to Medium
securities, Instruments and/or units Large Cap Companies** 25% 50% High
of debt/liquid schemes of domestic
Mutual Funds. Mid Cap Companies** 25% 50% High

Small Cap Companies** 25% 50% High

Mirae Asset S&P BSE Sensex ETF Debt securities (including securitized 0% 25% Low to Medium
(NSE Symbol : SENSEXETF BSE Code: 543999) debt & debt derivatives) and money
market instruments$
Instruments Indicative allocations Risk Profile
(% of total assets) Risk Units issued by REITs and InvITs 0% 10% Medium to High
Minimum Maximum $The Scheme may invest in units of mutual funds upto 20% of the net assets of the scheme.
*Equity and Equity related instruments include convertible debentures, equity warrants,
Securities included in the S&P BSE 95% 100% High convertible preference shares and equity derivatives.
Sensex Index

Money market instruments / debt secu- 0% 5% Low to Medium

rities, Instruments and/or units of debt/
liquid schemes of domestic Mutual
Funds.

107 Mirae Asset Investment Managers (India) Private Limited

ASSET ALLOCATION

ASSET ALLOCATION

Mirae Asset Nifty 200 Alpha 30 ETF

(NSE Symbol : ALPHAETF BSE Code: 544007)

Instruments Indicative allocations Risk Profile

(% of total assets) Risk
Minimum Maximum
Securities included in the Nifty 200 95% 100% Very High
Alpha 30 Index

Money market instruments / debt secu- 0% 5% Low to Medium

rities, Instruments and/or units of debt/
liquid schemes of domestic Mutual
Funds.

Mirae Asset Nifty IT ETF

(NSE Symbol : ITETF BSE Code: 544006)

Instruments Indicative allocations Risk Profile

(% of total assets) Risk
Minimum Maximum
Securities included in the Nifty IT Index 95% 100% Very High

Money market instruments / debt secu- 0% 5% Low to Medium

rities, Instruments and/or units of debt/
liquid schemes of domestic Mutual
Funds.

#
To know in detail about the above schemes please read the SID/KIM https://www.miraeassetmf.co.in/downloads/forms

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Email Us Call Us Internet Twitter Facebook Instagram Contact Your Financial
customercare@miraeasset.com 1800-2090-777 (Toll Free) Mon-sat: 9am to 6pm www.miraeassetmf.co.in @MiraeAsset_IN MiraeAssetIN
MiraeAssetIN Advisor or MFD for
details

Mirae Asset Investment Managers (India) Private Limited

CIN: U65990MH2019PTC324625
Unit No. 606, 6th Floor, Windsor Building, Off C.S.T. Road, Kalina, Santacruz (E), Mumbai - 400 098.
108 Mirae Asset Investment Managers (India) Private Limited