Mirae Asset Nifty Total Market Index Fund Direct Growth

Mirae Asset Nifty Total Market Index Fund Direct Growth

Equity

Mirae Mutual Fund

Index Funds

Get the latest NAV of Mirae Asset Nifty Total Market Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.06

▲0.8%1D

NAV as on 11 Aug 2025

0.58%/per year

Since Inception

Absolute Gain%

▲▼

351 people have invested ₹ 22.3L in Mirae Asset Nifty Total Market Index Fund Direct Growth in the last three months

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mirae Asset Nifty Total Market Index Fund
-
44Cr
0.22%
-
-
--
--
--
--
--
UTI Nifty200 Momentum 30 Index Fund Direct Growth
-
8,199Cr
0.43%
-15.86%
17.85%
-0.17
1.00
0.74
1.12
-1.12
Motilal Oswal Nifty India Defence Index Fund Direct Growth
-
3,496Cr
0.42%
6.59%
-
--
--
--
--
--
Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth
-
2,594Cr
0.5%
-5.28%
-
--
--
--
--
--
See all

Mirae Asset Nifty Total Market Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset Nifty Total Market Index Fund Asset Allocation

See fund asset allocation details as on (14-Jul-25)

Fund Distribution

as on (14-Jul-25)

Equity 99.7%

Debt & Cash 0.3%

Large cap
68.3%
Mid cap
17.8%
Small cap
13.6%
Mid Cap allocation has gone up from 18.1% to 18.4%
Mid Cap allocation has gone up from 18.1% to 18.4%
Large Cap allocation has gone down from 67.7% to 67.4%
Large Cap allocation has gone down from 67.7% to 67.4%
Small Cap allocation has gone up from 13.8% to 13.9%
Small Cap allocation has gone up from 13.8% to 13.9%
Cash allocation has gone up from 0.2% to 0.3%
Cash allocation has gone up from 0.2% to 0.3%

Mirae Asset Nifty Total Market Index Fund Sector Allocation

See fund sector allocation details as on (14-Jul-25)

Sector Allocation

Equity 99.7%

Debt & Cash 0.3%

Financial Services
28.1%
Industrial
11.9%
Consumer Cyclical
11.1%
Tech
10.9%
Basic Materials
8.7%
Consumer Defensive
7.1%
Energy
7.1%
Health
6.4%
Utilities
4%
Communication
3.5%
Real Estate
1.4%

Top 3 Sectors in June were Financial Services, Industrial & Consumer Cyclical

Jun'25

Financial Services

30%

Industrial

12%

Consumer Cyclical

11%

May'25

Financial Services

30%

Industrial

12%

Consumer Cyclical

11%

Mirae Asset Nifty Total Market Index Fund Holdings Details

as on (31-Jul-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
7.47%
0.8%
ICICI Bank Ltd
5.04%
1.6%
Reliance Industries Ltd
4.98%
0.6%
Infosys Ltd
2.82%
0.7%
Bharti Airtel Ltd
2.68%
2.2%
See all
Top Stocks bought last month
Bharti Airtel Ltd's allocation increased from 2.53% to 2.68%
Bharti Airtel Ltd's allocation increased from 2.53% to 2.68%
Reliance Industries Ltd's allocation increased from 4.89% to 4.98%
Reliance Industries Ltd's allocation increased from 4.89% to 4.98%
Eternal Ltd's allocation increased from 0.84% to 0.9%
Eternal Ltd's allocation increased from 0.84% to 0.9%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.51 % to 7.47 %
HDFC Bank Ltd's allocation decreased from 7.51 % to 7.47 %
ICICI Bank Ltd's allocation decreased from 5.18 % to 5.04 %
ICICI Bank Ltd's allocation decreased from 5.18 % to 5.04 %
Infosys Ltd's allocation decreased from 2.86 % to 2.82 %
Infosys Ltd's allocation decreased from 2.86 % to 2.82 %

Mirae Asset Nifty Total Market Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.22%
Benchmark
Nifty Total Market TR INR
AUM₹44 Cr
Inception Date28 October, 2024
Min Lumpsum/SIP₹5000/₹99
Exit Load0%
Lock InNo Lock-in
TurnOver
6.69%
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Nifty Total Market Index Fund

Mirae Asset Nifty Total Market Index Fund Direct Growth is an equity fund. This fund was started on 28 October, 2024. The fund is managed by Ekta Gala, Ritesh Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Nifty Total Market Index Fund Direct Growth has ₹44 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Mirae Asset Nifty Total Market Index Fund Direct Growth has given a CAGR return of 0.58% since inception.

Holdings

Mirae Asset Nifty Total Market Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

Taxation

As it is a index funds 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 benefit
Dividends 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 Total Market Index Fund Direct Growth

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty Total Market Total Return Index, subject to tracking error.

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 Total Market Index Fund Direct Growth has no lock in period.

Fund Manager

Ekta Gala

Fund Manager of Mirae Asset Nifty Total Market Index Fund Direct Growth, since 28 October 2024

Ritesh Patel

Fund Manager of Mirae Asset Nifty Total Market Index Fund Direct Growth, since 12 March 2025

Learn more about Mirae Mutual Fund
Parameters
Jun'25
May'25
Apr'25
AUM
₹ 43.7 Cr
₹ 41.8 Cr
₹ 39.3 Cr
  • AUM of the fund stands at 43.7 Cr as of Jun'25
  • AUM increased by 1.8 Cr between Jun'25 and May'25

Frequently Asked Questions for Mirae Asset Nifty Total Market Index Fund Direct Growth

How do I invest in Mirae Asset Nifty Total Market Index Fund?

INDmoney makes it simple to invest in the Mirae Asset Nifty Total Market Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Nifty Total Market Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Nifty Total Market Index Fund?

The NAV of the fund today is ₹10.06. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Mirae Asset Nifty Total Market Index Fund?

The fund managers are Ekta Gala, Ritesh Patel.

What is the expense ratio of the fund?

The expense ratio is 0.22%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹44 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Nifty Total Market Index Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(7.47%), ICICI Bank Ltd(5.04%), Reliance Industries Ltd(4.98%)