Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mirae Asset Gold ETF
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 80/100 · Excellent
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)35.71%
- Expense ratio (20%)0.1%
- AUM (15%)₹541 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Commodities · Gold
₹19.14
AUM: ₹541 Cr
NAV updated 26 days ago
Plan
Direct
Option
Growth
Expense Ratio
0.1%
Exit Load
Exit load of 0.05%, if redeemed within 15 days.
Fund Manager
Ritesh Patel
Inception
Oct 2024
Benchmark
Domestic Price of Gold
Sharpe Ratio
1.05
Std Dev (1Y)
28.17%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+7.05%
3m
-1.43%
6m
-4.37%
1y
+44.57%
3y
+35.71%
5y
—
10y
—
since inception
+31.52%
TopFund's Take on Mirae Asset Gold ETF
Mirae Asset Gold ETF ranks among the stronger performers in the Gold category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 80/100.
Cost: At 0.1%, the expense ratio is meaningfully cheaper — about 47% below the Gold category average of 0.19% (based on 293 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.05 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, with 28.17% annualised volatility, this is among the more turbulent funds in the Gold space — expect sharp swings in both directions.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Commodities fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Gold ETF
The current NAV (Net Asset Value) of Mirae Asset Gold ETF is ₹19.14. NAV is updated every business day after market close by AMFI.
1Y: 44.57% · 3Y CAGR: 35.71%
The expense ratio of Mirae Asset Gold ETF is 0.1% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Gold ETF is managed by Ritesh Patel at Mirae Asset Mutual Fund.
Mirae Asset Gold ETF is classified as a Gold risk fund. It is suitable for investors with a moderate risk appetite.
Mirae Asset Gold ETF is a Gold fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset Gold ETF with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Gold ETF is ₹541 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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