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

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund · Regular · Growth

Mirae Asset Mutual Fund

#109 of 115 (1Y)

NAV

₹9.2610

as of 29 Sept 2026

Expense Ratio

0.57%

AUM

₹19 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-5.55%
3Y
—
5Y
—
Since Inception
-4.32%

SIP returns (XIRR)

1Y
-2.88%
3Y
—
5Y
—
Since Inception
-0.74%

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

Risk Metrics

Trailing 1 year, annualised

0.13

Sharpe Ratio

+0.06

Alpha

0.61

Beta

0.13

Sortino

16.96%

Std Dev

-22.03%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date02 Jan 2025
AMFI Code153194
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit Loadif redeemed or switched out within 15 days from the date of allotment 0.05% if redeemed or switched out after 15 days from date of allotment Nil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Mirae Asset Nifty India New Age Consumption 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 India New Age Consumption 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 ₹19.2 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.57%.

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