Mirae Asset Nifty 100 ESG Sector Leaders ETF (ESG) — Valuation Multiple vs Peers

Valuation Multiples and ESG Investment Pace Analysis for Mirae Asset Nifty 100 ESG Sector Leaders ETF

The Mirae Asset Nifty 100 ESG Sector Leaders ETF (ESG) operates within the Financial Services - Capital Markets sector in India. Below is a concise analysis of its current valuation multiples relative to peers, with a focus on its ESG investment strategy.

Key Valuation Metrics

Metric	Mirae Asset Nifty 100 ESG Sector Leaders ETF	Peer Average (Selected ETFs)
Current Price (₹)	42.06	Varies by ETF
Market Cap (₹ Cr)	97.66	Range: 22,275–710 Cr
Expense Ratio	0.35%	Typically 0.20–0.80%
P/E Ratio	Not Applicable (ETF tracks index)	N/A
Dividend Yield	0.00%	Varies

Sources:- ETF-specific Note: As an ETF, this fund tracks the Nifty 100 ESG Sector Leaders Index and does not carry a traditional P/E ratio. Its valuation is inherently tied to the underlying index it replicates.---

Peer Comparison Highlights

The table below compares the Mirae Asset Nifty 100 ESG Sector Leaders ETF against other major Indian ETFs, including gold, bond, and sector-specific ETFs:

ETF Name	Current Price (₹)	AUM (₹ Cr)	1W Return	1M Return
Mirae Asset Nifty 100 ESG Sector Leaders ETF	40.09	99	-1.93%	-2.08%
QGOLDHALF	128.80	710	-0.83%	3.55%
ICICIB22	118.71	10,787	-2.99%	-4.89%
LTGILTBEES	29.25	2,479	-0.24%	0.38%
CPSEETF	100.95	22,275	-3.24%	-7.15%

Sources:---

ESG Investment Pace

The ETF replicates the Nifty 100 ESG Sector Leaders Index, which includes 100 companies from the Nifty 100 index that lead in ESG metrics across various sectors. This ensures a strong ESG focus by weighting companies with superior Environmental, Social, and Governance practices.

Tracking Error: The ETF maintains a low tracking error of 0.1%, indicating precise alignment with its benchmark index.---

Summary

Valuation: The ETF’s valuation is closely tied to its underlying index, with no applicable P/E ratio. Its low expense ratio (0.35%) makes it cost-efficient relative to peers.

ESG Focus: The fund’s ESG investment pace is robust, as it passively tracks a curated ESG leaderboard index, ensuring exposure to companies that exceed ESG benchmarks. This aligns with the growing demand for sustainable investment options in India.

Key Takeaway: The Mirae Asset Nifty 100 ESG Sector Leaders ETF offers a low-cost, ESG-focused investment vehicle that performs in line with its benchmark. Its valuation metrics are competitive within the ETF universe, and its ESG strategy is explicitly designed to prioritize sustainability leaders.

🔍 For Deep Analysis (click below):

How does the ETF’s performance compare to broader ESG indices over the past 3–5 years?

What are the top sectors represented in the Nifty 100 ESG Sector Leaders Index, and how do their ESG scores compare?

How has the fund’s AUM trended since inception, and what does this indicate about investor sentiment toward ESG ETFs in India?

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Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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