MIRAEAMC - METAL

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

METAL trades at 9.24 INR today, its price has risen 0.33% in the past 24 hours. Track more dynamics on METAL price chart.

METAL net asset value is 9.18 today — it's risen 6.39% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

METAL price has risen by 6.08% over the last month, and its yearly performance shows a −8.79% decrease. See more dynamics on METAL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 7.96% increase in three-month performance and has increased by 6.34% in a year.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

METAL invests in stocks. See more details in our Analysis section.

No, METAL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

No, METAL doesn't pay dividends to its holders.

METAL trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

METAL shares are issued by Mirae Asset Global Investments Co., Ltd.

METAL follows the Nifty Metal Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Oct 9, 2024.