Mirae Asset Nifty 200 Alpha 30 ETF · NSE:ALPHAETF
Mirae Asset Nifty 200 Alpha 30 ETF — Mirae Asset Mutual Fund — Investor Presentation (May 2026)
32 slides from Mirae Asset Nifty 200 Alpha 30 ETF's investor presentation, May 31, 2026
Slide 1: Mirae Asset Gold Silver Passive FoF
Mirae Asset Gold Silver Passive FoF (An open-ended Fund of Fund scheme predominantly investing in units of Mirae Asset Gold ETF and Mirae Asset Silver ETF) 31 May 2026 Registration Name: Mirae Asset Mutual Fund Registration Number: MF/055/07/03
Slide 2: Introduction to Precious Metals
Introduction to Precious Metals
Slide 3: From Buried Treasure to a Structured Asset Class: The Evolution of Precious Metals
From Buried Treasure to a Structured Asset Class: The Evolution of Precious Metals ~4000 BC: First gold artifacts (Mesopotamia, Egypt) Gold Silver ~600 BC: First silver coins (Lydia, Turkey) ~1400–1900 AD: Global gold/silver standards (Spanish silver dollar, British gold pound) 💰 Store of Value…
Slide 4: Gold: The Anchor Metal - A Strategic Hedge Across Regimes
Gold: The Anchor Metal - A Strategic Hedge Across Regimes Crisis Geo-political Dollar Negative Hedge Risk Hedge Real Yields Central Bank Portfolio Liquidity and Inflation Demand Diversifier Access Hedge Gold isn’t a speculative trade, it’s a strategic response to long-term macro risks and acts as pa
Slide 5: Silver: The Cyclical Metal – A Tactical Lever Across Macro & Manufacturing Cycles
Silver: The Cyclical Metal – A Tactical Lever Across Macro & Manufacturing Cycles Industrial New Age Energy Reflation Growth Demand Demand Sector Trade Sensitive Supply Imbalance Silver is not a passive hedge, it's a cyclical amplifier that has potential to thrive in reflation, recovery, and manufac
Slide 6: Gold stabilizes. Silver amplifies. Together, they unlock multi-regime diversification
Gold stabilizes. Silver amplifies. Together, they unlock multi-regime diversification Tendency to Safe Haven Outperform in in Recession Bull Markets Gold has relatively Low Correlation less correlation with with Equities Equities than Silver High Rallies during Industrial Currency Demand Depreciatio
Slide 7: Gold: The Anchor Metal – Case for Investment
Gold: The Anchor Metal – Case for Investment
Slide 8: Structural & Tactical Forces Aligning Behind Gold
Structural & Tactical Forces Aligning Behind Gold Interest Rate Geopolitical Weakness in Central Banks Easing by FED Escalations US Dollar Buying Factors Driving Gold Price Domestic Growing Chinese Increasing Net long AUM growth of Demand Demand position Global Gold ETFs Source: Data and trends as o
Slide 9: Gold’s Historic Playbook: Rallies Tend to Follow Rate Cuts
Gold’s Historic Playbook: Rallies Tend to Follow Rate Cuts Gold Performs whenever there is a rate cuts and Vice versa 6000 1.5 5.25% rate hike (0.25% to 5.5%) 1 5000 5% rate cut (5.25% to 0.25%) 2% rate hike (0.5% to 2.5%) 0.5 4000 Gold Price (in $) 0 Rate cut (%) 3000 -0.5 2000 1.5% rate Cut (5.5 %
Slide 10: Gold’s Safe Haven Role in Times of Geopolitical Stress
Gold’s Safe Haven Role in Times of Geopolitical Stress GPR Index GPR Index 6000 600.00 9/11 5000 500.00 Russia - Ukraine 4000 400.00 Iraq Middle-east Gold Price (%) Escalation Israel 3000 300.00 2000 200.00 1000 100.00 0 0.00 Nov-2004 May-2015 May-2019 May-2000 Nov-2000 May-2001 Nov-2001 May-2002 No
Slide 11: Gold Strengthens when Dollar Retracts
Gold Strengthens when Dollar Retracts LBMA Gold DXY Index 5,600.00 120.00 5,400.00 5,200.00 Dollar Topping Out 5,000.00 115.00 Dollar Topping Out 4,800.00 4,600.00 4,400.00 110.00 4,200.00 LBMA GOLD (US$) 4,000.00 DOLLAR INDEX 3,800.00 105.00 3,600.00 3,400.00 3,200.00 100.00 3,000.00 2,800.00 2,600
Slide 12: Central Banks Are Driving Strategic Demand for Gold
Central Banks Are Driving Strategic Demand for Gold Total Central bank gold purchase (In Tonnes) Total Gold Reserves of Top 15 Countries (In Tonnes) 1,200 1,080 1,092 Portugal 382.7 1,051 Uzbekistan 406.8 1,000 Taiwan Province of China 423.9 850 ECB 508.4 Poland 570.4 Gold Purchases (In Tonnes) 800
Slide 13: Silver: The Cyclical Metal: Case for Investment
Silver: The Cyclical Metal: Case for Investment
Slide 14: Industrial Demand Is the Bedrock of Silver’s Long-Term Relevance
Industrial Demand Is the Bedrock of Silver’s Long-Term Relevance 1400 90% 1284 1199 80% 1200 1164 1131 1120 1102 1065 70% 993 1001 1006 973 Total Demand (Million Ounce) 1000 929 60% Industrial share (in %) 800 50% 600 40% 30% 400 20% 200 10% 0 0% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 202
Slide 15: Solar Photovoltaic Growth: Expanding Silver's Industrial Moat
Solar Photovoltaic Growth: Expanding Silver's Industrial Moat 2025 2024 China EU India USA Others China USA Latine America India Others RoW Europe 11% 36% 2010 20% 593 GW 650-700 GW 47% Germany Italy RoW 47% 38 GW-scale 5% countries 17 GW 42% 4% 4% 5% 47% 2 GW-scale 5% 8% 8% countries 11% Rising glo
Slide 16: Industrial Demand Outpacing Supply: Silver in Persistent Deficit
Industrial Demand Outpacing Supply: Silver in Persistent Deficit Silver Supply - Demand Imbalance 100 80 54.7 50 40.5 70 30.6 1.3 Silver LBMA Price (US$ per ounce) 0 60 Surplus/Deficit (Million Ounce) -4.1 -50 -40.3 50 -45 -100 40 -95.4 -150 30 -149.0 -200 -184.3 20 -250 10 -263.5 -300 0 2016 2017 2
Slide 17: Gold/Silver Ratio Signals Valuation Opportunity
Gold/Silver Ratio Signals Valuation Opportunity 130 Gold Silver Ratio Long Term Average(over 15 years) 120 110 100 90 Ratio 80 70 73 60 61 50 40 30 May-20 Sep-20 Jan-21 May-21 Sep-21 Jan-22 May-22 Sep-22 Jan-23 May-23 Sep-23 Jan-24 May-24 Sep-24 Jan-25 May-25 Sep-25 Jan-26 May-26 Gold/Silver ratio a
Slide 18: Timing Gold and Silver is Tricky
Timing Gold and Silver is Tricky
Slide 19: Fat Tails, High Stakes: Why Timing Gold & Silver Is Riskier Than Equity
Fat Tails, High Stakes: Why Timing Gold & Silver Is Riskier Than Equity Data from 01st Jan 1990 to 31st July 2025 ❖ Silver (XAG) shows extremely fat tails on both ends → timing can yield windfall or deep losses. ❖ Gold (XAU) has moderate tails, offering better downside protection. ❖ Equities (S&P 50
Slide 20: Same Assets, Same Strategy, Different Outcomes: Tax Drag Can Make DIY Costly
Same Assets, Same Strategy, Different Outcomes: Tax Drag Can Make DIY Costly FoF Structure: Potentially Better Tax Efficient Why a FoF May Be Better than DIY ? ❖ Rebalances internally without triggering tax 17000000 16000000 ❖ Avoids tax drag and reinvestment leakage 15000000 ❖ Offers simpler, profe
Slide 21: Blending Gold and Silver Makes Sense. Structuring Them Smartly May Make All the Difference.
Blending Gold and Silver Makes Sense. Structuring Them Smartly May Make All the Difference. Gold: Silver: Fat Tails and Highly Tax The Anchor Metal The Cyclical Metal Long Flats Unpredictable Efficient ❑ Stable, defensive, but long flats ❑ High-upside, industrial, but ❑ Timing either metal is ❑ Metr
Slide 22: Introducing Mirae Asset Gold Silver Passive FoF
Introducing Mirae Asset Gold Silver Passive FoF
Slide 23: How We Allocate: The Framework in Action
How We Allocate: The Framework in Action Base Line Active Tilt Allocation Allocation • 50: 50 Gold • Active tilt • Regular Silver is base based on Rebalancing • Tilt based on Technical and • Gold and Silver Short and Long Fundamental treated and Term Gold factors equals Silver ratio and • Geo-politi
Slide 24: Periodic Performance and Volatility of the Benchmark
Periodic Performance and Volatility of the Benchmark Periodic Performance Index Name Gold Silver (50:50)* MCX Silver MCX Gold Nifty 50 (TRI) 15 Years 12.82% 10.93% 13.79% 11.46% 10 Years 20.39% 21.23% 18.49% 12.55% 5 Years 28.84% 30.10% 26.28% 10.11% 3 Years 46.95% 55.00% 37.40% 9.36% 1 Year 113.4%
Slide 25: Calendar Year wise performance comparison of the benchmark
Calendar Year wise performance comparison of the benchmark CY Gold Silver (50:50)* MCX Silver MCX Gold Nifty 50 (TRI) 2008 8.6% -7.3% 26.1% -51.3% 2009 37.1% 50.6% 24.2% 77.6% 2010 45.8% 71.4% 23.2% 19.2% 2011 21.2% 8.1% 31.7% -23.8% 2012 13.4% 13.9% 12.3% 29.4% 2013 -14.2% -23.5% -4.5% 8.1% 2014 -1
Slide 26: Correlation of precious metal with different asset classes
Correlation of precious metal with different asset classes 3 Year Period Commodity/Index Name Gold Silver (50:50) Nifty 50 TRI Gold Silver Debt Gold Silver (50:50) 1.00 0.16 0.87 0.96 0.12 Nifty 50 TRI 1.00 0.06 0.18 0.13 Gold 1.00 0.70 0.12 Silver 1.00 0.10 Debt 1.00 5 Year Period Commodity/Index N
Slide 27: SIP performance simulation for the benchmark
SIP performance simulation for the benchmark SIP Performance 50% Gold + 50% Silver 100.00% 90.00% 82.02% 80.00% 74.73% 70.00% 60.63% 60.00% 50.00% 42.67% 40.00% 33.89% 30.00% 27.09% 19.13% 20.00% 17.20% 10.00% 0.00% SI 15 years 10 Years 7 years 5 Years 3 years 2 years 1 year Source: SIP Results are
Slide 28: Why you may consider investing in Mirae Asset Gold Silver Passive FoF?
Why you may consider investing in Mirae Asset Gold Silver Passive FoF? ❑ Both Gold and Silver Have Distinct Roles : Gold offers defensiveness and stability during stress, while silver adds cyclical upside in reflationary or industrial-led rallies. ❑ Difficult to Time Either Metal Independently: Timi
Slide 29: Outlook for Gold and Silver
Outlook for Gold and Silver • Higher US real yields, profit booking due to asset rotation and a stronger US dollar could act as significant headwinds for gold & silver prices. • Gold’s performance continues to be supported by sustained central bank buying, ongoing geopolitical uncertainties, concern
Slide 30: Scheme Details
Scheme Details Particulars Mirae Asset Gold Silver Passive FoF Type of Scheme An open-ended fund of fund scheme predominantly investing in units of Mirae Asset Gold ETF and Mirae Asset Silver ETF Benchmark Domestic Price of Gold (50%) + Domestic Price of Silver (50%) Fund Manager Mr. Ritesh Patel SI
Slide 31: Disclaimers
Disclaimers NSE Indices Ltd Disclaimer: NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of any of its Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein NSE INDIC
Slide 32: THANK YOU
THANK YOU 7 MIRAE ASSET Mutual Fund
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