Mirae Asset Nifty India Manufacturing ETF

Equity

MAKEINDIA

Price: ₹153.02
1D: -0.95%
1W: +1.49%
1Y: +0.88%

Day low ₹153.02Day high ₹155.27

Before you buy

Reliance alone makes up nearly 18% of this index. Manufacturing ETFs are cyclical — they do well when the economy is growing and can fall hard during slowdowns or when raw material costs spike.

Tracks: Nifty India Manufacturing
iNAV: ₹154.47
NAV, 16 Oct 2026: ₹153.49
Premium / discount: -0.94%
52W range: ₹140.12 – ₹173.11
3Y: +15.76%
Expense ratio: 0.45%
AUM: ₹242 Cr
Liquidity: Low
AMC: Mirae Asset Mutual Fund
Listed: 2022

Tax on gains

Sold within 1 year: 20% of the gain
Sold after 1 year: 12.5% of the gain above ₹1.25 lakh

Rules for FY 2026-27. All rules

About this ETF

This ETF tracks the Nifty India Manufacturing index, which holds companies that make physical goods — from chemicals and steel to cars and defence equipment. It bets on India's 'Make in India' industrial push.

Top 10 holdings

Reliance Industries17.74%
Maruti Suzuki India4.10%
Mahindra & Mahindra3.99%
Sun Pharmaceutical Industries3.95%
Bharat Electronics3.22%
JSW Steel2.94%
Vedanta2.93%
Hindustan Aeronautics2.73%
Tata Steel2.57%
Hindustan Zinc2.37%

Other Nifty India Manufacturing ETFs

Compare all 3 →