Mirae Asset Investment Managers (India) Pv

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

As on 23 Oct 2026

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

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

The expense ratio for Mirae Asset Nifty Total Market 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 Total Market Index Fund - Direct Plan - Growth is typically around 1.49 %. 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 Total Market Index Fund - Direct Plan - Growth?

As of 23 Oct 2026, the Assets Under Management (AUM) of Mirae Asset Nifty Total Market Index Fund - Direct Plan - Growth is approximately ₹48.8051 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 Total Market Index Fund - Direct Plan - Growth?

The Net Asset Value (NAV) of Mirae Asset Nifty Total Market 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 Total Market Index Fund - Direct Plan - Growth?

The PE ratio for Mirae Asset Nifty Total Market Index Fund - Direct Plan - Growth is 36.62 and the PB ratio is 7.99. 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 Total Market Index Fund - Direct Plan - Growth?

The exit load for Mirae Asset Nifty Total Market Index Fund - Direct Plan - Growth is 0% 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

₹ 9.66

CAGR (3 Years)

AUM (Cr)

₹ 48.81

Risk

Very High Risk

About Mirae Asset Nifty Total Market 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 Total Market Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Breakdown of this Fund

Aerospace & Defence

3.65%

Agro Chemicals

0.60%

Air Transport Service

1.13%

Alcoholic Beverages

0.96%

Auto Ancillaries

2.55%

Automobile

10.48%

Banks

33.81%

Bearings

0.32%

Cables

1.22%

Capital Goods - Electrical Equipment

4.10%

Capital Goods-Non Electrical Equipment

2.32%

Castings, Forgings & Fasteners

0.51%

Castings, Forgings & Fastners

0.50%

Cement

2.44%

Ceramic Products

0.13%

Chemicals

2.00%

Co-Working

0.05%

Consumer Durables

2.01%

Credit Rating Agencies

0.11%

Crude Oil & Natural Gas

1.14%

Debt Others

0.39%

Diamond, Gems and Jewellery

2.45%

Diversified

0.16%

E-Commerce/App based Aggregator

5.05%

Edible Oil

0.02%

Education

0.07%

Electronics

0.31%

Engineering

0.04%

Entertainment

0.28%

Ferro Alloys

0.02%

Fertilizers

0.45%

Finance

8.78%

Financial Services

2.71%

FMCG

8.19%

Gas Distribution

0.99%

Glass & Glass Products

0.14%

Healthcare

2.91%

Hotels & Restaurants

1.04%

Infrastructure Developers & Operators

5.20%

Insurance

2.77%

IT - Hardware

0.09%

IT - Software

10.74%

Leather

0.08%

Logistics

0.72%

Marine Port & Services

1.51%

Media - Print/Television/Radio

0.02%

Mining & Mineral products

1.60%

Miscellaneous

0.61%

Non Ferrous Metals

3.03%

Packaging

0.14%

Paints/Varnish

1.33%

Paper

0.03%

Petrochemicals

0.06%

Pharmaceuticals

7.64%

Plantation & Plantation Products

0.07%

Plastic products

0.62%

Plywood Boards/Laminates

0.03%

Power Generation & Distribution

5.88%

Power Infrastructure

0.02%

Printing & Stationery

0.04%

Quick Service Restaurant

0.39%

Railways

0.16%

Readymade Garments/ Apparells

0.23%

Readymade Garments/Apparels

0.24%

Realty

2.12%

Refineries

9.60%

Refractories

0.04%

Retail

2.15%

Ship Building

0.01%

Shipping

0.19%

Steel

3.89%

Stock/ Commodity Brokers

1.02%

Sugar

0.18%

Telecom Equipment & Infra Services

0.76%

Telecom-Handsets/Mobile

0.01%

Telecom-Service

5.97%

Textiles

1.53%

Tobacco Products

0.08%

Trading

1.58%

Tyres

0.67%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

1.49

Exit Load

Redemption / Switch out / SWP / STP before expiry of 7 days from the date of all...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.