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Mirae Asset Nifty Total Market Index Fund - Direct Plan - IDCW

Mirae Asset · Index Funds
High
₹9.80
Current NAV
27 Oct 2026
-7.5%
1Y Return
12.3%
3Y CAGR
18.3%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.73%.
  • Generates significant excess returns relative to benchmark index (Alpha: 3.83).
  • Well-diversified portfolio aligned with the Index Funds mandate.
Cons / Risks
  • Subject to high equity market volatility and short-term capital fluctuations.
Suitable for
  • Long-term wealth creation (5+ years horizon) like retirement or child education.
  • Investors seeking exposure to stable, blue-chip market leaders.
Not suitable for
  • Short-term goals (under 3 years) where preserving the capital is the main priority.
  • Short-term trading or speculative investment horizons.
Risk Profile: High Risk
Low Moderate High Very High
Risk Metrics
0.83
Sharpe Ratio
0.43
Beta
3.83
Alpha
0.94
Sortino
Fund Details
Fund House Mirae Asset
Category Index Funds
AUM ₹5380 Cr
Expense Ratio 0.73%
Min SIP ₹500
Min Lumpsum ₹1000
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