Key metrics
Further reading: Why large-cap funds show deeper drawdowns than small caps
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.34% | -2.74% | -5.27% | -6.26% | -11.44% | – | – | – | – |
NAV history
About this fund
Mirae Asset Nifty 50 Index Fund is a passive index fund/ETF offered by Mirae Asset Mutual Fund, classified under Equity as Index Funds - Equity Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹9.47, with assets under management of about ₹63 Cr (April - June 2026).
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Performance analysis
Over the trailing one year, Mirae Asset Nifty 50 Index Fund has recorded a return of about -11.4%. Its annualised volatility is 13.2% — moderate fluctuations — and its Sharpe ratio is -1.35, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.08%, deducted daily from the NAV.
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Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 2.16 | 0.36 | -11.44 | 14.82 | 52% | 6% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty LargeMidcap 250 Index Fund Index Funds - Equity Funds | -5.61 | -6.90 | -5.54 | -6.92 | – | – | – | 0.25 |
| Aditya Birla Sun Life BSE India Infrastructure Index Fund Index Funds - Equity Funds | -6.80 | -11.49 | -15.71 | -12.22 | – | – | – | 0.38 |
| UTI Nifty Alpha Low-Volatility 30 Index Fund Index Funds - Equity Funds | -6.11 | -9.45 | -5.38 | -9.64 | – | – | – | 0.51 |
| UTI Nifty Midcap 150 Index Fund Index Funds - Equity Funds | -7.75 | -8.23 | -5.11 | -3.96 | – | – | – | 0.50 |
| Groww Nifty India Railways PSU Index Fund Index Funds - Equity Funds | -6.90 | -11.78 | -24.00 | -28.21 | – | – | – | 0.50 |
| Axis Nifty500 Momentum 50 Index Fund Index Funds - Equity Funds | -7.17 | -5.84 | -3.82 | -7.05 | – | – | – | 0.15 |
| UTI Nifty India Manufacturing Index Fund Index Funds - Equity Funds | -7.20 | -7.73 | -5.18 | -2.52 | – | – | – | 0.51 |
| UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Index Funds - Equity Funds | -6.13 | -4.96 | -3.26 | -1.37 | – | – | – | 0.49 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Multicap Fund Equity Scheme - Multi Cap Fund | -6.20 | -5.84 | -2.87 | -5.62 | 11.45 | – | – | 0.39 |
| Mirae Asset Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -3.74 | -2.68 | -2.54 | 3.20 | – | – | – | 0.34 |
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund Other Scheme - FoF Domestic | -6.29 | -3.38 | 3.62 | 0.17 | – | – | – | 0.05 |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Other Scheme - FoF Domestic | -6.21 | -5.27 | -3.46 | -1.90 | – | – | – | 0.03 |
| Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Other Scheme - FoF Domestic | -7.62 | -6.92 | -5.40 | -6.40 | – | – | – | 0.05 |
| Mirae Asset Gold ETF Fund of Fund Other Scheme - FoF Domestic | -6.06 | -1.42 | -5.87 | 11.34 | – | – | – | 0.07 |
| Mirae Asset Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.32 | -2.36 | -0.18 | -0.80 | – | – | – | – |
| Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Other Scheme - FoF Domestic | -7.85 | -7.00 | -2.52 | -11.96 | – | – | – | 0.09 |