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Index Fund📊 Respective Underlying Index(SEBI default)

Mirae Asset Nifty Total Market Index Fund · Regular · Growth

Mirae Asset Mutual Fund

#146 of 243 (1Y)

NAV

₹10.1555

as of 16 Jun 2026

Expense Ratio

0.93%

AUM

₹48 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-0.36%
3Y
5Y
Since Inception
+0.95%

SIP returns (XIRR)

1Y
+0.95%
3Y
5Y
Since Inception
+2.73%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹10,000

Invested

₹9,843

Value today

-1.9%

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

₹976

Value today

-1.5%

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

₹6,17,850

Value today

+5.5%

vs lumpsum

STP beat direct lumpsum by 5.5% — reduced timing risk paid off

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

-0.24

Sharpe Ratio

Alpha

Beta

-0.23

Sortino

15.07%

Std Dev

-14.94%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 Mar 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 Date28 Oct 2024
AMFI Code152970
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Mirae Asset Nifty Total Market 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 Total Market 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 ₹47.5 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index. The current expense ratio is 0.93%.

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