Mirae Asset Nifty India Manufacturing ETF Fund of Fund
Open in live screener →Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -2.35% | -7.30% | -7.85% | -5.48% | -2.72% | 14.85% | – | – | – |
NAV history
About this fund
Mirae Asset Nifty India Manufacturing ETF Fund of Fund is a fund of funds offered by Mirae Asset Mutual Fund, classified under FoF as Other Scheme - FoF Domestic. Its outcome depends on the underlying funds it holds. Its latest NAV is ₹18.78.
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Mirae Asset Nifty India Manufacturing ETF Fund of Fund has recorded a return of about -2.7%, with a three-year return of 14.8%. Its annualised volatility is 15.6% — moderate fluctuations — and its Sharpe ratio is -0.59, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.06%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 20.96 | 15.76 | -7.19 | 63.33 | 89% | 60% |
| 3Y | 21.04 | 21.40 | 14.17 | 26.81 | 100% | 100% |
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 % |
|---|---|---|---|---|---|---|---|---|
| Axis Multi Factor Passive FoF Other Scheme - FoF Domestic | -4.89 | -6.97 | -7.85 | -7.44 | 6.94 | – | – | 0.07 |
| Tata Nifty India Digital ETF Fund of Fund Other Scheme - FoF Domestic | -0.99 | 4.23 | 5.97 | -7.88 | 9.04 | – | – | 0.11 |
| Quantum Nifty 50 ETF FOF Other Scheme - FoF Domestic | -2.95 | -5.33 | -6.15 | -11.42 | 6.03 | – | – | 0.05 |
| Edelweiss Gold and Silver ETF FOF Other Scheme - FoF Domestic | -9.87 | -6.37 | -12.98 | 20.39 | 35.80 | – | – | 0.17 |
| Axis Silver Fund of Fund Other Scheme - FoF Domestic | -13.80 | -10.84 | -19.19 | 28.16 | 38.74 | – | – | 0.07 |
| Motilal Oswal Gold and Silver Passive Fund of Funds Other Scheme - FoF Domestic | -8.74 | -4.71 | -11.08 | 15.35 | 33.07 | – | – | 0.15 |
| Aditya Birla Sun Life Multi-Asset Passive FOF Other Scheme - FoF Domestic | -4.81 | -4.35 | -2.06 | -0.68 | 13.55 | – | – | 0.24 |
| UTI Gold ETF Fund of Fund Other Scheme - FoF Domestic | -6.17 | -1.62 | -6.09 | 11.19 | 32.08 | – | – | 0.07 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Other Scheme - FoF Overseas | -15.03 | -17.64 | -20.75 | 5.12 | 15.40 | – | – | 0.09 |
| Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Other Scheme - FoF Overseas | -8.06 | 1.28 | 13.85 | 30.33 | 38.85 | – | – | 0.10 |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Index Funds - Debt Funds | -1.69 | -2.03 | 0.41 | 1.49 | 7.03 | – | – | 0.15 |
| Mirae Asset Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -5.08 | -4.21 | -3.20 | -3.55 | 11.01 | – | – | 0.43 |
| Mirae Asset Nifty SDL June 2028 Index Fund Index Funds - Debt Funds | -0.24 | 0.70 | 2.50 | 4.89 | 7.56 | – | – | 0.16 |
| 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 Total Market Index Fund Index Funds - Equity Funds | -4.58 | -5.57 | -4.31 | -7.14 | – | – | – | 0.24 |