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Mirae Asset Nifty 50 Index Fund(G)-Direct Plan

Mirae Asset Nifty 50 Index Fund(G)-Direct Plan

Index FundsDirect GrowthHigh Risk

-5.61%

1Y annualised

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NAV : 11 Sep 2026

₹9.77

Min. SIP amount

₹99

Fund size (AUM)

71 Cr

Expense ratio

0.15%

Launched on

24 Oct 2024

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

8,000

3M6M1Y3Y
Total investment
2,88,000
Would've become
2,88,000

Stock Allocation

Stock nameSectorAllocation
Hdfc Bank Ltd.Bank9.86%
Icici Bank Ltd.Bank9.45%
Reliance Industries Ltd.Crude Oil7.83%

Fund Composition

71 Cr

Large Cap

100.03%

Sector Allocation

71 Cr

Bank

29.48%

Crude Oil

8.65%

It

8.48%

Automobile & Ancillaries

7.06%

Finance

5.76%

Telecom

5.00%

Healthcare

4.80%

Fmcg

4.79%

Others

25.99%

Minimum investments

Min. for SIP99
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Equity)

Exit load, stamp duty and tax

Exit load

No exit load

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

EG

Ekta Gala

Present

RP

Ritesh Patel

Present

Similar/Peer Fund Comparison

Fund name
I

ICICI Pru NASDAQ 100 Index Fund(G)-Direct Plan

+29.92%
M

Motilal Oswal Nifty India Defence Index Fund(G)-Direct Plan

+0.00%
A

Aditya Birla SL Nifty India Defence Index Fund(G)-Direct Plan

+0.00%
M

Motilal Oswal Nifty Capital Market Index Fund(G)-Direct Plan

+0.00%
T

Tata Nifty Capital Markets Index Fund(G)-Direct Plan

+0.00%
M

Motilal Oswal Nifty MidSmall Financial Services Index Fund(G)-Direct Plan

+0.00%
I

ICICI Pru Nifty Pharma Index Fund(G)-Direct Plan

+20.14%
S

SBI BSE PSU Bank Index Fund(G)-Direct Plan

+0.00%

FAQs

Mirae Asset Nifty 50 Index Fund(G)-Direct Plan is a part of Mirae Asset Investment Managers (India) Private Limited, it was incepted on 24 Oct 2024. This fund is managed by Ekta Gala and Ritesh Patel. It is a Index Funds type of fund.

The current NAV of Mirae Asset Nifty 50 Index Fund(G)-Direct Plan is ₹9.77 (as of 11 Sep 2026).

Mirae Asset Nifty 50 Index Fund(G)-Direct Plan has delivered -5.61% in 1 year, 0.00% in 3 years, and 0.00% in 5 years (annualised).

The minimum SIP amount for Mirae Asset Nifty 50 Index Fund(G)-Direct Plan is ₹99.

The expense ratio of Mirae Asset Nifty 50 Index Fund(G)-Direct Plan is 0.15%.

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