Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth

Q: What kind of returns does Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth provide?

Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth had a return of -11.94% over the past 1 year.

Q: How much expense ratio is charged by Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth?

The expense ratio for Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 23 Oct 2026, the expense ratio charged by Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is typically around undefined %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

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

As of 23 Oct 2026, the Assets Under Management (AUM) of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is approximately ₹68.1365 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

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

The Net Asset Value (NAV) of Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is updated daily and reflects the per-unit value of the fund's assets. As of 23 Oct 2026 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

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

The PE ratio for Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is 26.34 and the PB ratio is 5.27. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

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

The exit load for Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth is undefined% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Other

NAV

₹ 9.44

CAGR (3 Years)

AUM (Cr)

₹ 68.14

Risk

Very High Risk

About Mirae Asset Nifty 50 Index Fund - Direct Plan - Growth

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.