Mirae Asset Nifty 50 Index Fund Direct Growth

Fund Overview

Fund Size

₹31 Cr

Expense Ratio

0.14%

ISIN

INF769K01MQ1

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

24 Oct 2024

About this fund

This fund has been in existence for 10 months and 5 days, having been launched on 24-Oct-24.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹10.14, Assets Under Management (AUM) of 30.72 Crores, and an expense ratio of 0.14%.

Mirae Asset Nifty 50 Index Fund Direct Growth has given a CAGR return of 1.40% since inception.
The fund's asset allocation comprises around 100.22% in equities, 0.00% in debts, and -0.22% in cash & cash equivalents.
You can start investing in Mirae Asset Nifty 50 Index Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+1.40%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity	₹30.79 Cr	100.22%
Others	₹-0.07 Cr	-0.22%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹4.22 Cr	13.74%
ICICI Bank Ltd	Equity	₹2.9 Cr	9.43%
Reliance Industries Ltd	Equity	₹2.58 Cr	8.41%
Infosys Ltd	Equity	₹1.49 Cr	4.85%
Bharti Airtel Ltd	Equity	₹1.43 Cr	4.66%
Larsen & Toubro Ltd	Equity	₹1.17 Cr	3.81%
ITC Ltd	Equity	₹1.05 Cr	3.42%
Tata Consultancy Services Ltd	Equity	₹0.85 Cr	2.77%
State Bank of India	Equity	₹0.84 Cr	2.73%
Axis Bank Ltd	Equity	₹0.84 Cr	2.73%
Kotak Mahindra Bank Ltd	Equity	₹0.8 Cr	2.60%
Mahindra & Mahindra Ltd	Equity	₹0.78 Cr	2.53%
Bajaj Finance Ltd	Equity	₹0.64 Cr	2.09%
Hindustan Unilever Ltd	Equity	₹0.61 Cr	2.00%
Eternal Ltd	Equity	₹0.59 Cr	1.91%
Sun Pharmaceuticals Industries Ltd	Equity	₹0.5 Cr	1.64%
Maruti Suzuki India Ltd	Equity	₹0.45 Cr	1.48%
NTPC Ltd	Equity	₹0.43 Cr	1.42%
HCL Technologies Ltd	Equity	₹0.43 Cr	1.39%
UltraTech Cement Ltd	Equity	₹0.4 Cr	1.30%
Tata Motors Ltd	Equity	₹0.38 Cr	1.24%
Titan Co Ltd	Equity	₹0.38 Cr	1.23%
Bharat Electronics Ltd	Equity	₹0.38 Cr	1.23%
Power Grid Corp Of India Ltd	Equity	₹0.36 Cr	1.18%
Tata Steel Ltd	Equity	₹0.36 Cr	1.17%
Trent Ltd	Equity	₹0.31 Cr	1.00%
Asian Paints Ltd	Equity	₹0.3 Cr	0.97%
Jio Financial Services Ltd	Equity	₹0.3 Cr	0.96%
Bajaj Finserv Ltd	Equity	₹0.29 Cr	0.94%
Grasim Industries Ltd	Equity	₹0.29 Cr	0.94%
Adani Ports & Special Economic Zone Ltd	Equity	₹0.28 Cr	0.90%
JSW Steel Ltd	Equity	₹0.27 Cr	0.89%
Hindalco Industries Ltd	Equity	₹0.27 Cr	0.88%
Oil & Natural Gas Corp Ltd	Equity	₹0.26 Cr	0.84%
Tech Mahindra Ltd	Equity	₹0.25 Cr	0.83%
Bajaj Auto Ltd	Equity	₹0.24 Cr	0.79%
Shriram Finance Ltd	Equity	₹0.24 Cr	0.79%
Net Receivables / (Payables)	Cash	₹-0.24 Cr	0.79%
Cipla Ltd	Equity	₹0.24 Cr	0.78%
Coal India Ltd	Equity	₹0.23 Cr	0.76%
SBI Life Insurance Co Ltd	Equity	₹0.23 Cr	0.74%
HDFC Life Insurance Co Ltd	Equity	₹0.22 Cr	0.72%
Nestle India Ltd	Equity	₹0.22 Cr	0.72%
Dr Reddy's Laboratories Ltd	Equity	₹0.21 Cr	0.69%
Apollo Hospitals Enterprise Ltd	Equity	₹0.21 Cr	0.68%
Eicher Motors Ltd	Equity	₹0.21 Cr	0.67%
Wipro Ltd	Equity	₹0.19 Cr	0.63%
Tata Consumer Products Ltd	Equity	₹0.19 Cr	0.62%
Adani Enterprises Ltd	Equity	₹0.17 Cr	0.57%
Treps	Cash - Repurchase Agreement	₹0.17 Cr	0.56%
Hero MotoCorp Ltd	Equity	₹0.15 Cr	0.49%
IndusInd Bank Ltd	Equity	₹0.14 Cr	0.47%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹11.66 Cr	37.94%
Consumer Cyclical	₹3.48 Cr	11.34%
Energy	₹3.25 Cr	10.57%
Technology	₹3.22 Cr	10.47%
Consumer Defensive	₹2.08 Cr	6.77%
Basic Materials	₹1.89 Cr	6.14%
Industrials	₹1.83 Cr	5.94%
Communication Services	₹1.43 Cr	4.66%
Healthcare	₹1.16 Cr	3.79%
Utilities	₹0.8 Cr	2.59%

Risk & Performance Ratios

Fund Managers

Ekta Gala

Since October 2024

Ritesh Patel

Since March 2025

Additional Scheme Detailsas of 31st July 2025

ISIN

INF769K01MQ1

Expense Ratio

0.14%

Exit Load

No Charges

Fund Size

₹31 Cr

Age

10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 50 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Nifty Next 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Groww Nifty Next 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
JioBlackRock Nifty Midcap 150 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
JioBlackRock Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
JioBlackRock Nifty Next 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
JioBlackRock Nifty 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty Alpha 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty Alpha 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Nippon India Nifty 1D Rate Liquid ETF Low Risk	0.5%	-	₹18.08 Cr	-
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
SBI Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹66.28 Cr	-
SBI Nifty100 Low Volatility 30 Index Fund Regular Growth Very High Risk	0.8%	0.0%	₹66.28 Cr	-
Motilal Oswal Nifty Midcap150 Momentum 50 ETF Very High Risk	0.5%	-	₹6.50 Cr	-
Groww Nifty 50 ETF Very High Risk	0.2%	-	₹9.38 Cr	-
ICICI Prudential Nifty Private Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹7.48 Cr	-
ICICI Prudential Nifty Private Bank Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹7.48 Cr	-
Groww Nifty 50 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹11.34 Cr	-
Groww Nifty 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹11.34 Cr	-
Sundaram Multi-Factor Fund Direct Growth Very High Risk	0.6%	1.0%	₹819.65 Cr	-
Sundaram Multi-Factor Fund Regular Growth Very High Risk	2.3%	1.0%	₹819.65 Cr	-
SBI Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹100.75 Cr	-
SBI Nifty200 Momentum 30 Index Fund Regular Growth Very High Risk	0.8%	0.0%	₹100.75 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹9.55 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Regular Growth Very High Risk	0.6%	0.0%	₹9.55 Cr	-
Kotak Nifty200 Quality 30 ETF Very High Risk	0.3%	-	₹2.15 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight ETF Very High Risk	0.3%	-	₹7.00 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹13.75 Cr	-
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹13.75 Cr	-
Motilal Oswal Nifty PSE ETF Very High Risk	0.5%	-	₹1.16 Cr	-
Tata Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹107.51 Cr	-
Tata Nifty Midcap 150 Index Fund Regular Growth Very High Risk	1.1%	0.0%	₹107.51 Cr	-
Motilal Oswal BSE 1000 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹47.05 Cr	-
Motilal Oswal BSE 1000 Index Fund Regular Growth Very High Risk	1.1%	1.0%	₹47.05 Cr	-
DSP Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.36 Cr	-
DSP Nifty IT Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹8.36 Cr	-
DSP Nifty Healthcare Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹10.65 Cr	-
DSP Nifty Healthcare Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹10.65 Cr	-
Groww Nifty 500 Low Volatility 50 ETF Very High Risk	0.3%	-	₹5.69 Cr	-
Nippon India BSE Sensex Next 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹36.55 Cr	-
Nippon India BSE Sensex Next 30 Index Fund Regular Growth Very High Risk	0.5%	0.0%	₹36.55 Cr	-
Motilal Oswal BSE India Infrastructure ETF Very High Risk	0.5%	-	₹5.21 Cr	-
Nippon India BSE Sensex Next 30 ETF Very High Risk	0.1%	-	₹5.55 Cr	-
ICICI Prudential Nifty200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹18.93 Cr	-
ICICI Prudential Nifty200 Quality 30 Index Fund Regular Growth Very High Risk	0.9%	0.0%	₹18.93 Cr	-
Motilal Oswal Nifty Next 50 ETF Very High Risk	0.2%	-	₹2.78 Cr	-
SBI NIFTY 200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹320.89 Cr	-
SBI NIFTY 200 Quality 30 Index Fund Regular Growth Very High Risk	0.7%	0.0%	₹320.89 Cr	-

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Mirae Asset Nifty 50 Index Fund Direct Growth?

The NAV of Mirae Asset Nifty 50 Index Fund Direct Growth, as of 28-Aug-2025, is ₹10.14.

What is the portfolio composition of Mirae Asset Nifty 50 Index Fund Direct Growth?

The fund's allocation of assets is distributed as 100.22% in equities, 0.00% in bonds, and -0.22% in cash and cash equivalents.

Who manages the Mirae Asset Nifty 50 Index Fund Direct Growth?

The fund managers responsible for Mirae Asset Nifty 50 Index Fund Direct Growth are:-

Ekta Gala
Ritesh Patel

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹31 Cr

Expense Ratio

0.14%

ISIN

INF769K01MQ1

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

24 Oct 2024

Risk Level

Your principal amount will be at Very High Risk