Mirae Asset Mutual Fund Launches 2 New ETFs to Provide Dividend and Equal-Weight Exposure

Tuesday, December 02, 2025: Mirae Asset Mutual Fund has introduced two new ETFs the Mirae Asset BSE 500 Dividend Leaders 50 ETF and the Mirae Asset Nifty Top 20 Equal Weight ETF. The New Fund Offer (NFO) for both schemes is currently open and will remain available for subscription until December 10. These funds will begin regular buying and selling from December 16.

Mirae Asset BSE 500 Dividend Leaders 50 ETF

The BSE 500 Dividend Leaders 50 ETF will focus on the top 50 dividend-paying companies from the BSE 500 index. It is an open-ended scheme that will replicate the BSE 500 Dividend Leaders 50 Total Return Index. The scheme will be aiming towards the investors who are seeking dividend income.

Under this scheme, the investors will have an exposure to companies that have demonstrated long-term consistency in dividend payouts, strong balance sheets and healthy cash flows. Why this is crucial is because these features often reflect business quality and resilience.

Further, the ETF will invest in entities that have at least 5 years of listing history and consistent dividend payments. The benchmark is at a minimum of 80% of time in the past 10 years or since listing.

Mirae Asset Nifty Top 20 Equal Weight ETF

The Nifty Top 20 Equal Weight ETF is also an open-ended scheme that will track or replicate the Nifty Top 20 Equal Weight Total Return Index. It allocates equal weight to the top 20 stocks in the Nifty 50 index. The scheme will give balanced exposure to large-cap companies. 

Under this scheme, the investors will enjoy exposure to the top 20 companies from the Nifty 50 Index. These companies command nearly half of India’s market cap and are leaders in several segments like Telecom, banking, automotive, infrastructure, etc.

Management’s Outlook

Mirae Asset has shown enthusiasm towards the two new ETFs. Siddharth Srivastava, Head – ETF Products & Fund Manager, explained that the two will enable investors to achieve their goal of consistent dividend payers and equal-weight exposure.

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