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Fund of Funds (Domestic)📊 NIFTY 50 TRI(SEBI default)

Mirae Asset Nifty 200 Alpha 30 ETF Fund of Fund · Regular · Growth

Mirae Asset Mutual Fund

#80 of 101 (1Y)

NAV

₹9.0910

as of 17 Jun 2026

Expense Ratio

see scheme documents

AUM

₹187 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+4.08%
3Y
5Y
Since Inception
-4.91%

SIP returns (XIRR)

1Y
+9.81%
3Y
5Y
Since Inception
+3.53%

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹11,361

Benchmark

₹11,215

+₹146 extra wealth vs the benchmark index

Backtest this SIP yourself

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹11,500

Invested

₹11,361

Value today

-1.3%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹863

Value today

-7.6%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,06,653

Value today

+17.2%

vs lumpsum

STP beat direct lumpsum by 17.2% — reduced timing risk paid off

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

-0.25

Sharpe Ratio

-0.04

Alpha

0.62

Beta

-0.24

Sortino

20.74%

Std Dev

-23.38%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date26 Jul 2024
AMFI Code152720
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed within 90 days from the date of allotment 0.50% If redeemed after 90 days from the date of allotment NIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Mirae Asset Nifty 200 Alpha 30 ETF Fund of Fund · Regular · Growth by Mirae Asset Mutual Fund is a Fund of Funds (Domestic) fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Fund of Funds (Domestic) category.

About This Fund

Mirae Asset Nifty 200 Alpha 30 ETF Fund of Fund · Regular · Growth is a Fund of Funds (Domestic) mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹187 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations