Mirae Asset Nifty 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹10.33+0.05%1 day
- Return since launch
- 2.0%
- 52-week range
- ₹9.17 — ₹10.82
- AUM
- ₹68.14 Cr
Mirae Asset Nifty 50 Index Fund is a Large Cap Index equity fund from Mirae Asset Mutual Fund with ₹68.14 Cr under management, launched in 2024. The expense ratio is 0.84% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset Nifty 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.9% against -2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.5% | +5.4 pts | 0.2% | 5.0% |
| 2Y | 3.3% | −0.8 pts | 4.1% | 3.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 12.0% | +2.0 pts | 10.0% | 10.9% |
| 3M | 1.8% | +1.9 pts | -0.1% | 1.0% |
| 6M | 5.6% | +1.2 pts | 4.4% | 5.2% |
| 1Y | -1.9% | −2.1 pts | 0.2% | -2.1% |
| 2Y | 2.1% | +0.2 pts | 1.9% | 2.0% |
Since launch (10 Oct 2024): 2.0%
Calendar-year returns
Category average10.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.8% | +2.2 pts | 8.6% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.83%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.60%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.22%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty 50 Total Return
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Mirae Asset Nifty 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.1%
Market cap split
- Large98.6%
- Mid1.4%
- P/E
- 18.25
- P/B
- 2.72
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 10.39% | ₹7.08 Cr | +11.15% | +10.89% | +12.87% |
| ICICI Bank Ltd. | Financial | 9.06% | ₹6.17 Cr | +8.99% | +8.39% | +8.52% |
| Reliance Industries Ltd. | Energy | 7.59% | ₹5.17 Cr | +7.98% | +8.83% | +8.18% |
| Bharti Airtel Ltd. | Communication | 5.11% | ₹3.48 Cr | +5.14% | +5.32% | +4.54% |
| Larsen & Toubro Ltd. | Construction | 4.21% | ₹2.87 Cr | +4.43% | +4.00% | +3.81% |
| State Bank of India | Financial | 3.79% | ₹2.58 Cr | +3.87% | +3.95% | +3.21% |
| Axis Bank Ltd. | Financial | 3.37% | ₹2.30 Cr | +3.53% | +3.24% | +2.87% |
| Infosys Ltd. | Technology | 3.36% | ₹2.29 Cr | +3.20% | +4.27% | +4.60% |
| Kotak Mahindra Bank Ltd. | Financial | 2.94% | ₹2.00 Cr | +2.64% | +2.53% | +2.60% |
| Mahindra & Mahindra Ltd. | Automobile | 2.52% | ₹1.72 Cr | +2.50% | +2.57% | +2.69% |
| Bajaj Finance Ltd. | Financial | 2.50% | ₹1.71 Cr | +2.46% | +2.09% | +2.35% |
| ITC Ltd. | Consumer Staples | 2.42% | ₹1.65 Cr | +2.52% | +2.70% | +3.43% |
| Eternal Ltd. | Services | 2.22% | ₹1.51 Cr | +1.75% | +1.61% | +2.01% |
| Tata Consultancy Services Ltd. | Technology | 2.00% | ₹1.36 Cr | +1.89% | +2.34% | +2.61% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.84% | ₹1.25 Cr | +1.80% | +1.81% | +1.49% |
| Titan Company Ltd. | Consumer Discretionary | 1.81% | ₹1.24 Cr | +1.66% | +1.59% | +1.23% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.59% | ₹1.09 Cr | +1.71% | +1.77% | +1.98% |
| Maruti Suzuki India Ltd. | Automobile | 1.49% | ₹1.01 Cr | +1.68% | +1.57% | +1.86% |
| NTPC Ltd. | Energy | 1.47% | ₹1.00 Cr | +1.54% | +1.71% | +1.43% |
| Tata Steel Ltd. | Metals & Mining | 1.46% | ₹1.00 Cr | +1.42% | +1.54% | +1.24% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.35% | ₹0.92 Cr | +1.22% | +0.94% | +0.92% |
| Bharat Electronics Ltd. | Capital Goods | 1.33% | ₹0.91 Cr | +1.35% | +1.40% | +1.28% |
| Shriram Finance Ltd | Financial | 1.32% | ₹0.90 Cr | +1.33% | +1.19% | +0.76% |
| Hindalco Industries Ltd. | Metals & Mining | 1.30% | ₹0.89 Cr | +1.26% | +1.25% | +0.98% |
| Ultratech Cement Ltd. | Materials | 1.24% | ₹0.84 Cr | +1.21% | +1.24% | +1.29% |
| HCL Technologies Ltd. | Technology | 1.24% | ₹0.84 Cr | +1.03% | +1.38% | +1.30% |
| BSE Ltd. | Services | 1.21% | ₹0.82 Cr | — | — | — |
| JSW Steel Ltd. | Metals & Mining | 1.15% | ₹0.79 Cr | +1.05% | +1.02% | +0.95% |
| Bajaj Auto Ltd. | Automobile | 1.13% | ₹0.77 Cr | +0.98% | +0.95% | +0.85% |
| Power Grid Corporation Of India Ltd. | Energy | 1.13% | ₹0.77 Cr | +1.18% | +1.30% | +1.12% |
| Grasim Industries Ltd. | Materials | 1.11% | ₹0.75 Cr | +1.07% | +0.95% | +0.93% |
| Interglobe Aviation Ltd. | Services | 1.08% | ₹0.74 Cr | +1.11% | +0.87% | +1.08% |
| Asian Paints Ltd. | Materials | 1.04% | ₹0.71 Cr | +1.09% | +0.95% | +0.94% |
| Coal India Ltd. | Materials | 0.97% | ₹0.66 Cr | +0.96% | +1.00% | +0.78% |
| Bajaj Finserv Ltd. | Financial | 0.96% | ₹0.66 Cr | +0.94% | +0.92% | +1.01% |
| Eicher Motors Ltd. | Automobile | 0.94% | ₹0.64 Cr | +0.89% | +0.88% | +0.85% |
| Adani Enterprises Ltd. | Services | 0.94% | ₹0.64 Cr | +0.80% | +0.45% | +0.58% |
| Tech Mahindra Ltd. | Technology | 0.93% | ₹0.63 Cr | +0.81% | +0.86% | +0.79% |
| Nestle India Ltd. | Consumer Staples | 0.90% | ₹0.61 Cr | +0.92% | +0.82% | +0.73% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.84% | ₹0.57 Cr | +0.83% | +1.08% | +0.82% |
| Trent Ltd. | Services | 0.83% | ₹0.57 Cr | +1.00% | +0.71% | +0.92% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.80% | ₹0.55 Cr | +0.82% | +0.74% | +0.66% |
| SBI Life Insurance Company Ltd. | Insurance | 0.73% | ₹0.50 Cr | +0.72% | +0.78% | +0.71% |
| Cipla Ltd. | Healthcare | 0.72% | ₹0.49 Cr | +0.75% | +0.67% | +0.75% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.72% | ₹0.49 Cr | +0.75% | +0.74% | +0.66% |
| JIO Financial Services Ltd. | Financial | 0.68% | ₹0.46 Cr | +0.71% | +0.72% | +0.85% |
| Max Healthcare Institute Ltd. | Healthcare | 0.66% | ₹0.45 Cr | +0.77% | +0.70% | +0.73% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.59% | ₹0.40 Cr | +0.64% | +0.64% | +0.65% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.57% | ₹0.39 Cr | +0.67% | +0.60% | +1.26% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.54% | ₹0.37 Cr | +0.57% | +0.62% | +0.72% |
| Others | Others | -0.09% | ₹-0.06 Cr | +0.28% | -1.29% | -0.73% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| BSE Ltd. | 0.00% | 1.21% | +1.21% |
| HDFC Bank Ltd. | 9.86% | 10.39% | +0.53% |
| Wipro Ltd. | 0.45% | 0.00% | -0.45% |
| ICICI Bank Ltd. | 9.45% | 9.06% | -0.40% |
| Adani Ports and Special Economic Zone Ltd. | 1.07% | 1.35% | +0.28% |
| Infosys Ltd. | 3.61% | 3.36% | -0.25% |
| Reliance Industries Ltd. | 7.83% | 7.59% | -0.24% |
| Tata Consultancy Services Ltd. | 2.22% | 2.00% | -0.22% |
| Adani Enterprises Ltd. | 0.75% | 0.94% | +0.19% |
| ITC Ltd. | 2.24% | 2.42% | +0.19% |
| State Bank of India | 3.98% | 3.79% | -0.19% |
| Mahindra & Mahindra Ltd. | 2.66% | 2.52% | -0.14% |
| Kotak Mahindra Bank Ltd. | 2.80% | 2.94% | +0.13% |
| Maruti Suzuki India Ltd. | 1.60% | 1.49% | -0.12% |
| Bharti Airtel Ltd. | 5.00% | 5.11% | +0.11% |
| Coal India Ltd. | 0.87% | 0.97% | +0.10% |
| Bajaj Finserv Ltd. | 1.06% | 0.96% | -0.10% |
| Titan Company Ltd. | 1.91% | 1.81% | -0.10% |
| Shriram Finance Ltd | 1.41% | 1.32% | -0.09% |
| Larsen & Toubro Ltd. | 4.30% | 4.21% | -0.09% |
| Others | -0.21% | -0.30% | -0.09% |
| Bajaj Auto Ltd. | 1.22% | 1.13% | -0.08% |
| Dr. Reddy's Laboratories Ltd. | 0.64% | 0.72% | +0.08% |
| Tata Steel Ltd. | 1.38% | 1.46% | +0.08% |
| Nestle India Ltd. | 0.97% | 0.90% | -0.08% |
| Bajaj Finance Ltd. | 2.57% | 2.50% | -0.07% |
| Sun Pharmaceutical Industries Ltd. | 1.91% | 1.84% | -0.07% |
| Eternal Ltd. | 2.15% | 2.22% | +0.06% |
| NTPC Ltd. | 1.41% | 1.47% | +0.06% |
| Eicher Motors Ltd. | 0.99% | 0.94% | -0.05% |
| Asian Paints Ltd. | 1.09% | 1.04% | -0.05% |
| Grasim Industries Ltd. | 1.15% | 1.11% | -0.05% |
| Power Grid Corporation Of India Ltd. | 1.08% | 1.13% | +0.04% |
| Max Healthcare Institute Ltd. | 0.70% | 0.66% | -0.04% |
| JSW Steel Ltd. | 1.11% | 1.15% | +0.04% |
| JIO Financial Services Ltd. | 0.72% | 0.68% | -0.04% |
| Trent Ltd. | 0.87% | 0.83% | -0.04% |
| Hindalco Industries Ltd. | 1.33% | 1.30% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.83% | 0.80% | -0.03% |
| Tata Consumer Products Ltd. | 0.61% | 0.59% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.82% | 0.84% | +0.02% |
| SBI Life Insurance Company Ltd. | 0.71% | 0.73% | +0.02% |
| Tata Motors Passenger Vehicles Ltd. | 0.59% | 0.57% | -0.02% |
| Axis Bank Ltd. | 3.39% | 3.37% | -0.02% |
| Bharat Electronics Ltd. | 1.35% | 1.33% | -0.02% |
| HCL Technologies Ltd. | 1.26% | 1.24% | -0.02% |
| Tech Mahindra Ltd. | 0.94% | 0.93% | -0.01% |
| Ultratech Cement Ltd. | 1.23% | 1.24% | +0.01% |
| Hindustan Unilever Ltd. | 1.58% | 1.59% | +0.01% |
| HDFC Life Insurance Co Ltd. | 0.53% | 0.54% | +0.01% |
| Cipla Ltd. | 0.72% | 0.72% | 0.00% |
| Interglobe Aviation Ltd. | 1.08% | 1.08% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,611 Cr | 0.74% | 8.3% | 6.9% | 12.4% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 8.4% | 6.9% | 12.3% |
 SBI Nifty Next 50 Index Fund | ₹2,318 Cr | 0.80% | 8.4% | 6.9% | 12.3% |
 DSP Nifty Next 50 Index Fund | ₹1,350 Cr | 1.03% | 8.3% | 6.9% | 12.4% |
 Kotak Nifty Next 50 Index Fund | ₹1,289 Cr | 0.68% | 8.5% | 7.0% | 12.4% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹801 Cr | 0.30% | 7.6% | 6.8% | 12.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error.
Fund managers
- Ritesh PatelMr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB.Prior to joining Mirae Asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.
- Sudip SherePGDM in Supply Chain Management & BSC Statistics.Prior to joining Mirae Asset AMC, he was associated with ICICI Prudential Asset Management Company Limited, Avenue Supermart Limited and Cipla Limited.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.62% absolute | ₹60,000 | ₹63,372 | 5.62% | |
| 1 year−1.90% annualised | ₹1,20,000 | ₹1,18,772 | −1.02% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Mirae Asset Nifty 50 Index Fund?
The NAV of Mirae Asset Nifty 50 Index Fund is ₹10.33 as on 9 Nov 2026.
What is the expense ratio of Mirae Asset Nifty 50 Index Fund?
The expense ratio of Mirae Asset Nifty 50 Index Fund is 0.84% per year.
What is the minimum SIP amount for Mirae Asset Nifty 50 Index Fund?
You can start a SIP in Mirae Asset Nifty 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Mirae Asset Nifty 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Mirae Asset Nifty 50 Index Fund?
Mirae Asset Nifty 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages Mirae Asset Nifty 50 Index Fund?
Mirae Asset Nifty 50 Index Fund is managed by Mirae Asset Mutual Fund, which runs 54 schemes with ₹2,45,364 Cr under management.