Mirae Asset Investment Managers (India) Pvt. Ltd. today announced the launch of Mirae Asset BSE 500 Dividend Leaders 50 ETF, an open-ended scheme replicating/tracking the BSE 500 Dividend Leaders 50 Total Return Index, and Mirae Asset Nifty Top 20 Equal Weight ETF, an open-ended scheme replicating/tracking Nifty Top 20 Equal Weight Total Return Index.
While the Mirae Asset BSE 500 Dividend Leaders 50 ETF provides exposure to companies that have demonstrated long-term consistency in dividend payouts, strong balance sheets and healthy cash flows—features that often reflect business quality and resilience, Mirae Asset Nifty Top 20 Equal Weight ETF provides an equal exposure to top 20 companies from Nifty 50 Index that command nearly half of India’s market cap and are leaders in several segments like Telecom, banking, automotive, infrastructure etc.
The New Fund Offers (NFOs) for the ETFs will open for subscription on December 02, 2025, and close on December 10, 2025. Both schemes will re-open on December 16, 2025.
“Dividend leaders seeks to offer a unique blend of stability and long-term wealth creation potential. These companies have demonstrated consistency in dividend payouts, sound governance and financial discipline. With the Mirae Asset BSE 500 Dividend Leaders 50 ETF, our aim is to offer investors a robust, transparent and relatively cost-efficient way to access high-quality businesses that can provide both steady dividend income and long-term growth.” said Siddharth Srivastava, Head - ETF Products & Fund Manager, Mirae Asset Investment Managers (India). “On the other hand, Mirae Asset Nifty Top 20 Equal Weight ETF is a play on the driving force of India’s growth. These market leaders anchor India’s financial, Infrastructure, IT, and consumption engines. The equal weight strategy helps in avoiding concentration risk seen in market-cap weighted indices.”
The ETF will track BSE 500 Dividend Leaders 50 Index that identifies companies from BSE 500 that have consistently paid dividends. The ETF will invest in constituents of BSE 500 with at least 5 years of listing history and consistent dividend payments (minimum 80% of times in past 10 years or since listing).
Dividend strategies, including higher dividend yielding and dividend growth stocks, generate returns through both capital appreciation and the regular income received from dividends. Such stocks seeks to provide a regular source of income via dividends in addition to returns from stock price appreciation.
Dividend stocks often have strong balance sheets, healthy cash flows, and disciplined capital allocation, reflecting overall business quality, making a case for investment for investors who are seeking companies with strong fundamentals.
The ETF will invest in market leaders -- India’s top 20 largest and perhaps most influential listed companies. These companies command 46.5% of the market cap and are drivers of India’s growth through leadership in infrastructure, digital adoption, financial inclusion, and manufacturing scale-up.
Large-cap companies often display stronger financial fundamentals and are typically the established leaders within their respective industries. They also have advantage over their smaller peers as they experience relatively lower volatility than the broader market and thus often exhibit lower drawdowns during market stress.
The ETF will be well diversified with representation from Financials, IT Services, Consumer, Automobiles, and Telecom in one portfolio. Every company will get equal weight in the ETF thus avoiding concentration risk.
Source for all data: Mirae Asset Internal Research, BSE Indices; Data as on: 31 October 2025.
Established in 2008, Mirae Asset Mutual Fund is one of India’s fastest-growing fund houses. Mirae Asset Investment Managers (India) Pvt. Ltd. is the Asset Management Company (“AMC”) of Mirae Asset Mutual Fund.
As a pivotal player within Mirae Asset Global Investments, operating across 19 countries, Mirae Asset Investment Managers (India) Pvt. Ltd. is dedicated to collaborative management, offering a fully diversified investment platform. The AMC has 84 schemes available for investors spread across Equity funds, Debt funds, Hybrid Funds, and ETF funds. With expertise drawn from our global professionals, Mirae Asset Mutual Fund caters to clients’ evolving needs with innovative solutions across various asset classes, striving to align portfolios with investment objectives for sustainable growth and success.
Pursuant to Clause 2.7 of Part IV of SEBI Master Circular dated June 27, 2024, the universe of “Large Cap" shall consist of top 100 companies


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