Mirae Asset Nifty 50 Index Fund
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error.
Growthvine rating: 3/5 — ranked #81 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹10.01 (as of 2026-08-21) |
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| AUM | ₹72 Cr |
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| Expense ratio | 0.60% |
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| Riskometer | Very High |
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| Fund manager | Ekta Gala |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -15.22% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 98.6% |
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| Mid cap | 1.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 36.8% |
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| Top 10 holdings | 52.7% |
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| Total holdings | 50 |
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Top holdings
- HDFC Bank Ltd. — 10.2%
- ICICI Bank Ltd. — 9.2%
- Reliance Industries Ltd — 7.9%
- Bharti Airtel Ltd. — 5.4%
- Larsen & Toubro Limited — 4.1%
- State Bank Of India — 3.8%
- Infosys Ltd — 3.5%
- AXIS Bank Ltd. — 3.2%
- Bajaj Finance Limited — 2.7%
- Mahindra & Mahindra Ltd. — 2.7%
Top sectors
- Banking & Financial — 29.5%
- Software & Services — 8.4%
- Petroleum Products — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -6.9% | — | — |
| 2025 | 10.8% | — | — |