Mirae Asset Nifty500 Multicap 50:25:25 ETF logo

Mirae Asset Nifty500 Multicap 50:25:25 ETF (MULTICAP)

Market Closed
13 Aug, 10:00
XNSE XNSE
16. 93
-0.01
-0.059%
- Market Cap
- Div Yield
141,069 Volume
16.94
Previous Close
Add Transaction
Day Range
16.92 17.14
Year Range
14.2 17.5
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Summary

MULTICAP closed today lower at ₹16.93, a decrease of -0.059% from yesterday's close, completing a monthly decrease of -0.8202% or -₹0.14. Over the past 12 months, MULTICAP stock gained 2.0494%.
MULTICAP is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

MULTICAP Chart

Mirae Asset Nifty500 Multicap 50:25:25 ETF (MULTICAP) FAQ

What is the stock price today?

The current price is ₹16.93.

On which exchange is it traded?

Mirae Asset Nifty500 Multicap 50:25:25 ETF is listed on XNSE.

What is its stock symbol?

The ticker symbol is MULTICAP.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Mirae Asset Nifty500 Multicap 50:25:25 ETF ever had a stock split?

No, there has never been a stock split.

Mirae Asset Nifty500 Multicap 50:25:25 ETF Profile

XNSE Exchange
India Country

Overview

Mirae Asset Nifty 500 Mutual Fund is an open-ended investment scheme that seeks to emulate the performance of the Nifty 500 Index, which encompasses the top 500 companies by market capitalization listed on the National Stock Exchange of India. With its broad market coverage, the fund aims to provide investors with diversified investment exposure across large-cap, mid-cap, and small-cap stocks from various sectors, representing approximately 96% of India's total market capitalization. Managed by Mirae Asset Management, which is noted for its in-depth research capabilities and disciplined investment approach, the fund is devised for investors looking for long-term capital appreciation by tapping into the growth potential of a wide array of companies, from industry titans to emerging entities. The focus on the Nifty 500 index allows it to capture the multifaceted nature of the Indian equity market, offering a comprehensive investment tool for portfolio diversification and an effective strategy for engaging with the market's breadth.

Products and Services

The Mirae Asset Nifty 500 Mutual Fund offers an array of products and services designed to meet the needs of investors seeking to benefit from India's economic growth and equity market dynamics:

  • Diversified Equity Exposure:

    By investing in the top 500 companies across the large-cap, mid-cap, and small-cap segments, the fund offers a well-rounded exposure to the Indian equity markets. This approach ensures participation in the growth stories of a diverse set of companies, from established conglomerates to fast-growing enterprises, across various sectors, thereby paving the way for potential higher returns while minimizing risks associated with sectoral volatility.

  • Long-term Capital Appreciation:

    Targeted towards investors with a long-term investment horizon, the fund focuses on capital appreciation by leveraging the growth trajectory of the Indian economy and its corporate sector. It is an ideal choice for those looking to build wealth over time through disciplined investment in a broad spectrum of equities. The emphasis on a diversified portfolio aligns with the goal of achieving superior risk-adjusted returns over the long run.

  • Mirae Asset Management Expertise:

    The fund benefits from the robust research capabilities and disciplined investment process of Mirae Asset Management, a global leader in asset management. Investors gain access to the expertise of seasoned professionals who employ a strategic approach to tracking the Nifty 500 index, ensuring that the portfolio mirrors the composition and performance of this benchmark as closely as possible. This professional management fosters confidence in the fund’s ability to navigate market fluctuations and capitalize on investment opportunities.

  • Comprehensive Market Engagement:

    By focusing on the Nifty 500 index, the fund provides investors with a vehicle for engaging with the vastness of the Indian stock market. This broad market engagement is especially beneficial for those looking to diversify their investment portfolios beyond specific sectors or market segments, enabling participation in the overarching trends shaping India's economic landscape.

Contact Information

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