e.g. Tata motors, Reliance MF, 500570

Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth

Equity Others Very High

NAV on (24 Apr 2026 )

₹9.91

(-1.12%)

Fund Size

₹51.59 Crores

1Y Returns

-0.52 %

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

AMC

Mirae Asset Global Investments (India) Pvt. Ltd.

Fund Details

Launch Date

October 10, 2024

Fund Manager

Ms. Ekta Gala

Initial Price

10

AUM Fund

51.59 Cr

Min investment

Rs 5000

Expense Ratio

0.13%

SIP Minimum Investment

Monthly - Rs.99/- in multiples of Re.1/- thereafter for a minimum of 5 installments. Quarterly - Rs.99/- in multiples of Re.1/- thereafter for a minimum of 5 installments.

Exit Load

Nil

1 Month

+4.29%

6 Months

-7.19%

1 Year

-0.52%

2 Years (CAGR)

NA

3 Years (CAGR)

NA

5 Years (CAGR)

NA

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
143.82% 0.00% ₹1152.55
142.83% 213.84% ₹14511.43
142.70% 0.00% ₹5197.1
142.62% 0.00% ₹3623.01
142.62% 0.00% ₹3623.01

Holdings

Sector Allocation

Banks 29.01%
Miscellaneous 13.78%
Telecommunications 5.32%
Information Technology 9.36%
Tobacco 2.70%
Auto 6.57%
Finance 6.30%
Pharmaceuticals and health care 4.66%
Personal Care 1.77%
Power 3.01%
Service 2.92%
Consumer Durables 1.59%
Iron and Steel 2.57%
Electronics 1.40%
Metals - Non Ferrous 1.25%
Cement 1.24%
Petroleum 1.08%
Mining 1.00%
Paints and Pigments 0.95%
Food Processing 0.82%
Textiles 0.71%
Tea / Coffee 0.64%
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 400098
Phone
+91 22 67800300
Fax
+91 22 67253942
Launch Date
October 10, 2024
Custodian
Deutsche Bank, SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth?

A: The latest NAV of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is ₹ 9.91 as on 24 Apr 2026.

Q: What type of mutual fund is Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth?

A: Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is a 'Equity - Others' type mutual fund managed by 'Mirae Asset Global Investments (India) Pvt. Ltd.'.

Q: What is the expense ratio of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth?

A: The expense ratio of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is 0.13%, which impacts overall returns.

Q: Who manages Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth?

A: Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is managed by Ms. Ekta Gala, who oversees investment strategy and portfolio decisions.

Q: Is Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth a good investment?

A: Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth?

A: The exit load of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is Nil, applicable if redeemed within the specified period.

Q: How is Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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