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Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF

NSE: MAKEINDIABSE 543454Financial ServicesMutual Fund Scheme
TV Chart
161.17
0.73−0.45%
DAY161
₹161.17
164
52W120
₹161.17
168
Open164.09
Prev Close161.90
Bid161.14100
Ask161.20100
Volume28.3K51%vs 20D avg
Market Cap
Promoter Hold.
Face Value
Fwd P/E
PEG
EV/EBITDA
P/S
ROA
Beta1.04
Div Payout
Valuation

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsLive · as of 24 Jun 2026
the price tag

Valuation

Market Cap
P/E Ratio
P/B Ratio
EPS
0
the engine

Profitability

ROE
%
ROCE
%
Net Margin
%
Op Margin
%
the trajectory

Growth

EPS YoY
%
Revenue YoY
%
Qtr Sales
%
Qtr Profit
%
the balance sheet

Financial Health

Debt / Equity
Book Value
Div Yield
%
Promoter Hold.
0%
Chart Patterns

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Financials

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF, switchable between annual and quarterly views, consolidated or standalone.

all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF segment analysis: revenue and profit mix.

Disclosed business segments at Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF with their share of revenue and profit, switchable between consolidated and standalone reporting.

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF.

Our AI distills the core fundamental drivers supporting Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF's investment case rests on 6 positive markers and 7 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • The ETF's recent closing price of 154.41 on 2025-10-29 is very close to its 52-week high of 156.90, indicating strong recent performance and investor confidence in its underlying assets.

  • As a Nifty India Manufacturing ETF, it offers investors diversified exposure to a key growth sector, potentially benefiting from government initiatives and economic expansion in India.

  • Listed on 2022-02-02, the ETF is relatively new, suggesting potential for long-term growth as it gains traction and increases its assets under management (AUM) in the market.

  • The 'Make in India' initiative and government focus on boosting domestic manufacturing could drive significant growth for the underlying Nifty India Manufacturing index and the ETF.

  • Growing investor awareness and preference for passive investment vehicles like ETFs could lead to higher inflows and Assets Under Management (AUM) for MAKEINDIA in the future.

bear case

What can break it.

  • As an ETF, the absence of traditional financial metrics like PE, ROE, and debt-to-equity makes direct fundamental analysis challenging, requiring focus on its underlying index performance.

  • As an ETF, it inherently has 0% promoter holding, which means there's no direct alignment of interests with a founding group, unlike a typical operating company structure.

  • Recent daily trading volumes, such as 40,475 on 2025-10-29, appear relatively low for an ETF, potentially indicating limited liquidity for larger trades and higher impact costs.

  • General market downturns or sector-specific corrections in the manufacturing industry could negatively impact the ETF's Net Asset Value (NAV) and overall investor returns.

  • Any adverse changes in regulations pertaining to mutual funds, ETFs, or the manufacturing sector could affect the fund's operations or the performance of its underlying holdings.

flip conditions

What would change my mind.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

Shareholding

Mirae shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Mirae — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF peer comparison — same-sector benchmarks.

No comparable peer set was disclosed for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF.

Peer comparison data is not available.

Technicals

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF — derived from the live tape, not yesterday's close.

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF last traded at ₹161.17 with an intraday range of ₹160.9–₹164.09 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹161.17
LevelPrice (₹)Distance% Δ
R4169.59+8.42+5.22%
R3166.40+5.23+3.24%
R2165.24+4.07+2.53%
R1163.21+2.04+1.26%
PIVOT162.050.880.55%
CURRENT161.17
S1153.64-7.53-4.67%
S2156.83-4.34-2.69%
S3158.86-2.31-1.43%
S4160.02-1.15-0.72%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 161.61P: 162.05TC: 162.50
R1
R2
R3
R4
indicator
LTP: 161.17
PDH: 164.09
PDL: 161.68
● Market Sentiment

MAKEINDIA is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 161.73 ~ 164.09

● Price Position

Trading Below opening range, showing Bearishness

Delivery & Volume

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF stood at 57.5% of traded volume, against a 20-day average of 71.2%.

Avg Delivery (20D)71.2%-13.7 ppt latest vs avg
Highest Delivery94.4%on 10 Jun
Avg Volume (20D)58.3 K20-day run-rate
Conviction Trend↓ Weakening-13.7 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF announcements: results, concalls, ratings, M&A.

Filings Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

No filings or concall transcripts on record.

Corporate Actions

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF has declared, sequenced by announce and record date.

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF: business, sector, key facts.

What Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF operates in the Mutual Fund Scheme industry under the Financial Services sector, listed as NSE: MAKEINDIA, BSE: 543454.

MAKEINDIA
Financial Services

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF

NSE · MAKEINDIA·BSE · 543454
company facts
Employees
SectorFinancial Services
HeadquartersMumbai, India
Market Cap
Listed OnNSE
§ ∞ · Plainly Answered

Questions investors ask about Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF (MAKEINDIA).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF (MAKEINDIA)?

The current share price of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF (MAKEINDIA) is ₹161.17. Today, the stock has declined by ₹0.73 (0.45%), trading in a range of ₹160.9 to ₹164.09. The stock opened at ₹164.09 with a trading volume of 28,313 shares.

02What is the 52-week high and low price of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF stock?

The 52-week high price of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF (MAKEINDIA) is ₹167.77, while the 52-week low is ₹120. Currently trading at ₹161.17, the stock is 86.2% away from its 52-week low and 3.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

03What is the dividend yield of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF and when is the next dividend?

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹161.17, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹0.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

04How is Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF stock performing today in the market?

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF stock opened at ₹164.09 and is currently trading at ₹161.17, showing a decline of ₹0.73 (0.45%). The intraday high is ₹164.09 and low is ₹160.9. The trading volume stands at 28,313 shares, indicating moderate market participation today.

05What is the market capitalization of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF?

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF has a market capitalization of ₹0 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹161.17) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.

06What is the ROE and ROCE of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF?

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF has a Return on Equity (ROE) of 0.00% and Return on Capital Employed (ROCE) of 0.00%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.

07Which sector and industry does Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF belong to?

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF operates in the Financial Services sector and belongs to the Mutual Fund Scheme industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.

08What is the debt-to-equity ratio of Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF?

Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF has a debt-to-equity ratio of 0.00, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.

Disclaimer

The data, ratios and commentary about Mirae Asset Mutual Fund - Mirae Asset Nifty India Manufacturing ETF (MAKEINDIA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.