Mirae Asset Nifty Total Market Index Fund Direct Growth
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.
₹9.87
1D
NAV as on 13 May 2025
/per year
Since Inception
▲▼
356 people have invested ₹ 68.1L in Mirae Asset Nifty Total Market Index Fund Direct Growth in the last three months
Peer comparison
Mirae Asset Nifty Total Market Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Nifty Total Market Index Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 99.7%
Debt & Cash 0.3%
Mirae Asset Nifty Total Market Index Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 99.7%
Debt & Cash 0.3%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Financial Services
30%
Industrial
11%
Consumer Cyclical
11%
Financial Services
30%
Consumer Cyclical
11%
Industrial
11%
Mirae Asset Nifty Total Market Index Fund Holdings Details
as on (30-Apr-25)
Equity
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 ratio | 0.14% |
Benchmark | Nifty Total Market TR INR |
| AUM | ₹39 Cr |
| Inception Date | 28 October, 2024 |
| Min Lumpsum/SIP | ₹5000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 |
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. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Nifty Total Market Index Fund Direct Growth has ₹39 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Mirae Asset Nifty Total Market Index Fund Direct Growth has given a CAGR return of -1.25% 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, Utilities, Communication, 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 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 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
- AUM of the fund stands at 36.1 Cr as of Mar'25
- AUM increased by 4.4 Cr between Mar'25 and Feb'25
More funds from Mirae
3Y CAGR
▲ 49.08
5Y CAGR
▲ 24.45
Frequently Asked Questions for Mirae Asset Nifty Total Market Index Fund Direct Growth
What is the current NAV of Mirae Asset Nifty Total Market Index Fund Direct Growth?
What are the average returns of Mirae Asset Nifty Total Market Index Fund Direct Growth?
Mirae Asset Nifty Total Market Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.69% | 7.69% |
6 Month Returns | 1.81% | 1.81% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
How do I invest in Mirae Asset Nifty Total Market Index Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Mirae Asset Nifty Total Market Index Fund Direct Growth?
What is net assets under management (AUM) of Mirae Asset Nifty Total Market Index Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Nifty Total Market Index Fund Direct Growth?
What are the top 3 sectors that this Mirae Asset Nifty Total Market Index Fund Direct Growth has invested in?
What is the alpha of Mirae Asset Nifty Total Market Index Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Nifty Total Market Index Fund Direct Growth | - | - | - |
What is the beta of Mirae Asset Nifty Total Market Index Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Nifty Total Market Index Fund Direct Growth | - | - | - |
What is the sharpe ratio of Mirae Asset Nifty Total Market Index Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Nifty Total Market Index Fund Direct Growth | - | - | - |
What is the standard deviation of Mirae Asset Nifty Total Market Index Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Nifty Total Market Index Fund Direct Growth | - | - | - |