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Index Fund📊 Respective Underlying Index(SEBI default)

Mirae Asset Nifty 50 Index Fund · Regular · Growth

Mirae Asset Mutual Fund

#226 of 266 (1Y)

NAV

₹9.3681

as of 29 Sept 2026

Expense Ratio

0.85%

AUM

₹63 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-7.56%
3Y
—
5Y
—
Since Inception
-3.33%

SIP returns (XIRR)

1Y
-12.77%
3Y
—
5Y
—
Since Inception
-6.11%

Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).

Risk Metrics

Trailing 1 year, annualised

-0.35

Sharpe Ratio

—

Alpha

—

Beta

-0.35

Sortino

12.88%

Std Dev

-15.22%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 Aug 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryIndex Fund
BenchmarkRespective Underlying Index
Launch Date24 Oct 2024
AMFI Code152974
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Mirae Asset Nifty 50 Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Mirae Asset Nifty 50 Index Fund · Regular · Growth is a Index Fund mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹62.9 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index. The current expense ratio is 0.85%.

Who Should Invest?

  • •Cost-conscious investors who prefer passive investing with low expense ratios
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