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ETF📊 Respective Underlying Index(SEBI default)

Mirae Asset Nifty India Manufacturing ETF · Regular · Growth

Mirae Asset Mutual Fund

#37 of 232 (1Y)

NAV

₹162.4129

as of 17 Jun 2026

Expense Ratio

see scheme documents

AUM

₹233 Cr

Viewing Regular · Growth

Lumpsum returns (CAGR)

1Y
+13.21%
3Y
+20.87%
5Y
Since Inception
+18.31%

SIP returns (XIRR)

1Y
+13.95%
3Y
+15.05%
5Y
Since Inception
+18.10%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹26,500

Invested

₹37,695

Value today

16.4%

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

₹2,013

Value today

17.4%

CAGR (p.a.)

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

Try Lumpsum Calculator

₹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

₹11,76,474

Value today

-2.6%

vs lumpsum

Direct lumpsum would have beaten STP by 2.6% — but STP reduced timing risk

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

0.31

Sharpe Ratio

Alpha

Beta

0.29

Sortino

17.10%

Std Dev

-14.19%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryETF
BenchmarkRespective Underlying Index
Launch Date27 Jan 2022
AMFI Code149786
Transaction facts
Exit LoadNIL

Available transactions

Demat

Investment Objective

Mirae Asset Nifty India Manufacturing ETF · Regular · Growth is an exchange-traded fund (ETF) that trades on stock exchanges like a regular share. It offers real-time pricing, low expense ratios, and the flexibility to buy and sell units throughout the trading day.

About This Fund

Mirae Asset Nifty India Manufacturing ETF · Regular · Growth is a ETF mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹233 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index.

Who Should Invest?

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