Mirae Asset Nifty Total Market Index Fund
Open in live screener →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 | -3.94% | -6.40% | -6.12% | -4.80% | -8.49% | – | – | – | – |
NAV history
About this fund
Mirae Asset Nifty Total Market 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 ₹9.66, with assets under management of about ₹50 Cr (April - June 2026).
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Performance analysis
Over the trailing one year, Mirae Asset Nifty Total Market Index Fund has recorded a return of about -8.5%. Its annualised volatility is 14.4% — moderate fluctuations — and its Sharpe ratio is -1.04, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.24%, 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 | 3.68 | 3.59 | -8.49 | 16.94 | 76% | 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 50 Index Fund Index Funds - Equity Funds | -3.60 | -5.12 | -5.82 | -11.94 | – | – | – | 0.08 |
| Mirae Asset Nifty LargeMidcap 250 Index Fund Index Funds - Equity Funds | -7.47 | -7.49 | -6.22 | -8.31 | – | – | – | 0.25 |
| Aditya Birla Sun Life BSE India Infrastructure Index Fund Index Funds - Equity Funds | -9.06 | -12.08 | -17.00 | -13.69 | – | – | – | 0.38 |
| UTI Nifty Alpha Low-Volatility 30 Index Fund Index Funds - Equity Funds | -7.44 | -9.74 | -5.44 | -10.29 | – | – | – | 0.51 |
| UTI Nifty Midcap 150 Index Fund Index Funds - Equity Funds | -10.21 | -9.25 | -6.68 | -6.00 | – | – | – | 0.50 |
| Groww Nifty India Railways PSU Index Fund Index Funds - Equity Funds | -9.18 | -13.58 | -25.15 | -29.95 | – | – | – | 0.50 |
| Axis Nifty500 Momentum 50 Index Fund Index Funds - Equity Funds | -10.42 | -7.06 | -5.42 | -9.13 | – | – | – | 0.15 |
| UTI Nifty India Manufacturing Index Fund Index Funds - Equity Funds | -9.38 | -8.78 | -6.04 | -3.99 | – | – | – | 0.51 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty SDL June 2028 Index Fund Index Funds - Debt Funds | -0.14 | 0.69 | 2.57 | 4.85 | 7.55 | – | – | 0.16 |
| Mirae Asset Multicap Fund Equity Scheme - Multi Cap Fund | -8.70 | -7.04 | -4.17 | -7.73 | 11.54 | – | – | 0.39 |
| Mirae Asset Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -4.89 | -3.04 | -2.78 | 2.66 | – | – | – | 0.34 |
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund Other Scheme - FoF Domestic | -9.54 | -5.02 | 1.30 | -2.72 | – | – | – | 0.05 |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Other Scheme - FoF Domestic | -8.98 | -6.28 | -5.41 | -3.95 | – | – | – | 0.03 |
| Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Other Scheme - FoF Domestic | -11.49 | -8.55 | -7.30 | -8.22 | – | – | – | 0.05 |
| Mirae Asset Gold ETF Fund of Fund Other Scheme - FoF Domestic | -6.93 | -2.22 | -6.38 | 13.97 | – | – | – | 0.07 |
| Mirae Asset Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.35 | -2.20 | -0.03 | -0.53 | – | – | – | – |