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FoF · Other Scheme - FoF Domestic

Mirae Asset Nifty Metal ETF FOF

Mirae Asset · Direct Plan · Growth · as of 2026-10-22
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Key metrics

Latest NAV
₹9.52
Day change
-0.42%
Max drawdown
-13.9%
Expense ratio
0.12%
AUM
₹76 Cr
Category rank
140 / 159

Further reading: Median maximum drawdown by fund category, measured across 1,767 funds

Trailing returns

Period1W1M3M6M1Y3Y5Y7Y10Y
Return-1.82%-9.08%-6.12%-8.24%–––––
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.

NAV history

991011Feb 26Jun 26Oct 26-3.3% over period
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.

About this fund

Mirae Asset Nifty Metal ETF FOF 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 ₹9.52, with assets under management of about ₹76 Cr (April - June 2026).

Further reading: What a category rank actually tells you

Performance analysis

Mirae Asset Nifty Metal ETF FOF does not yet have a full one-year track record, so trailing returns are limited. The direct-plan base expense ratio is 0.12%, deducted daily from the NAV.

Further reading: Reading a fund page: what each number does and doesn't say

Rolling returns

Further reading: Why a single trailing return misleads, measured across 830 funds

Frequently asked questions

What does Mirae Asset Nifty Metal ETF FOF invest in?
It invests primarily in units of other mutual funds or ETFs rather than securities directly.
How is this fund classified?
It is a Other Scheme - FoF Domestic fund in the FoF group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.12% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.

Compare with peers

Further reading: Every fund measured against the best performer in its own category

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Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.