Overview
Description
The Mirae Asset Nifty 50 ETF is an exchange-traded fund that tracks the performance of the Nifty 50 Index, one of India's leading stock market indices. This ETF serves the primary function of providing investors with exposure to the top 50 blue-chip companies listed on the National Stock Exchange of India, spanning diverse sectors such as finance, technology, energy, and consumer goods. Notable for its transparency and diversification, the ETF reflects the aggregate performance of some of India's most robust companies, enabling participants to gain broad market exposure with a single investment.
The Mirae Asset Nifty 50 ETF is significant in the financial market for its role in offering a cost-effective, flexible, and convenient way to invest in the Indian economy. It allows for real-time trading similar to individual stock transactions and can be a vital tool for asset allocation strategies, hedging, and gaining swift yet comprehensive market access. By aligning with the Nifty 50, this ETF stands as an essential vehicle for both institutional and retail investors seeking to mirror the growth dynamics of India's leading enterprises.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XBOM