Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
NAV as on 21-04-2025
₹ 18.09
▲1.6%
1D
Inception Returns
14.3%
/yr
Historical NAV & Returns
Absolute
▲
▼
49 people have invested ₹ 1.1L in Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth in the last three months
About Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is an equity fund. This fund was started on 19 November, 2020. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has ₹96 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has given a CAGR return of 14.34% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.16% and 10.72% respectively.
Holdings
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Energy, Tech, Basic Materials, Industrial, Health, Communication, Consumer Defensive, Utilities, Real Estate. Its top holdings are Mirae Asset Nifty 100 ESG Sect Ldrs ETF
Taxation
As it is a equity - esg mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
The investment objective of the scheme is to provide long-term capital appreciation from a portflio investing predominantly in units of Mirae Asset Nifty 100 ESG Sector Leaders ETF. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has no lock in period.
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Overview
| Expense ratio | 0.46% |
Benchmark | Nifty100 ESG Sector Leaders TR INR |
| AUM | ₹96 Cr |
| Inception Date | 19 November, 2020 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 0.88% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
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IND ranking is not available for this fund.
Lower expense ratio
3Y returns in the bottom 25% of the category
Trailing Returns
as on (21-Apr-25)
Fund Distribution
as on (31-Dec-69)
Large cap
96.7%
Mid cap
3.3%
Sector Allocation
Financial Services
32.9%
Consumer Cyclical
12.3%
Energy
9.9%
Tech
8.5%
Basic Materials
7.7%
Industrial
7.5%
Health
5.7%
Communication
5.5%
Consumer Defensive
5.2%
Utilities
4.1%
Real Estate
0.8%
All changes are between Oct'69 and Dec'69
- AUM of the fund stands at 95.6 Cr as of Mar'25
- AUM increased by 5.7 Cr between Mar'25 and Feb'25
Mid Cap allocation has gone down from 3.5% to 3.3%
Large Cap allocation has gone up from 96.5% to 96.7%
Cash allocation has gone down from 0.1% to -0%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Energy
Mar'25
Financial Services
33%
Consumer Cyclical
12%
Energy
10%
Feb'25
Financial Services
31%
Consumer Cyclical
13%
Energy
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Nifty 100 ESG Sect Ldrs ETF | 100.01% | -0.4% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 9.16% | 10.72% | - | 14.34% |
 ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 16.76% | 18.5% | - | 19.65% |
 Aditya Birla Sun Life ESG Integration Strategy Fund Direct Growth | 14.59% | 10.49% | - | 14.23% |
 SBI ESG Exclusionary Strategy Fund Direct Growth | 9.19% | 11.94% | 21.94% | 14.19% |
See all
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Ekta Gala
Fund Manager of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth, since 28 December 2020
Top funds managed
Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.68L Cr
as on 31-Mar-2025
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Website
customercare@miraeasset.com
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.34% since inception which is less than its category average return of 15.27%
Fund Allocations
This fund has an allocation of 100.02% in Equity, 0% in Debt and -0.02% in Cash related instruments
AUM size ₹96 Cr
This fund has AUM of ₹96 Cr which is less than its category average of ₹ 1180 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.53%
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3Y CAGR
▲ 35.06
5Y CAGR
▲ 24.93
5Y CAGR
▲ 25.54
Frequently Asked Questions for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
The current NAV of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is ₹18.09 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.41% | 6.41% |
6 Month Returns | -4.13% | -4.13% |
1 Year Returns | 9.16% | 9.16% |
3 Years Returns | 35.74% | 10.72% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.46% as on March 2025
₹96 Cr as on March 2025
Financial Services(32.9%), Consumer Cyclical(12.32%), Energy(9.86%) as on March 2025
The alpha ratio for the Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | -0.79 | -0.85 | - |
As on March 2025
The alpha for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is calculated against Nifty100 ESG Sector Leaders TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 1.01 | 0.99 | - |
As on March 2025
The Beta for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is calculated with Nifty100 ESG Sector Leaders TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 0.01 | 0.31 | - |
As on March 2025
The sharpe ratio for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is calculated with Nifty100 ESG Sector Leaders TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 15.17 | 13.74 | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.47 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ekta Gala is the fund manager of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
The Exit load of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is 0.05%