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

Mirae Asset S and P 500 Top 50 ETF Fund of Fund · Regular · Growth

Mirae Asset Mutual Fund

#31 of 104 (1Y)

NAV

₹27.6520

as of 13 Jul 2026

Expense Ratio

0.50%

AUM

₹755 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+37.92%
3Y
+33.94%
5Y
Since Inception
+23.22%

SIP returns (XIRR)

1Y
+26.81%
3Y
+34.32%
5Y
Since Inception
+30.14%

Returns calculated from 29 August 2021 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

What history actually did — last 3 years (Jul 2023 – Jul 2026)

A ₹5,000 monthly SIP for the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹2,84,104 today ₹1,80,000 invested, 33.6% XIRR.

₹1,80,000

Invested

₹2,84,104

Value today

33.6%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 3 years ago would be ₹2,39,931 today (34.0% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 3 years (Jul 2023 – Jul 2026) (3 Jun 2024) would be ₹1,81,598 today (1.82×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.69

Sharpe Ratio

+0.29

Alpha

0.24

Beta

0.63

Sortino

25.31%

Std Dev

-29.96%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date29 Aug 2021
AMFI Code149171
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed within 3 months from the date of allotment 0.50% If redeemed after 3 months from the date of allotment NIL

Available transactions

RedeemSWPSwitchSTPDemat

Investment Objective

Mirae Asset S and P 500 Top 50 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 S and P 500 Top 50 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 4 years. It manages assets worth ₹755 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.50%.

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
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