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Mirae Asset Nifty 200 Alpha 30 ETF
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 89/100 · Excellent
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.06%
- AUM (15%)₹198 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Equity · Large & MidCap
₹8.89
AUM: ₹198 Cr
NAV updated about 6 hours ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
0.06%
Exit Load
Exit load of 0.05%, if redeemed within 15 Days.
Fund Manager
Ekta Gala
Inception
Jul 2024
Benchmark
Nifty 200 Alpha 30 Total Return Index
Sharpe Ratio
-0.05
Std Dev (1Y)
19.3%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-6.89%
3m
-2.77%
6m
+11.87%
1y
+4.64%
3y
—
5y
—
10y
—
since inception
+15.44%
TopFund's Take on Mirae Asset Nifty 200 Alpha 30 ETF
Mirae Asset Nifty 200 Alpha 30 ETF ranks among the stronger performers in the Large & MidCap category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 89/100.
Cost: At 0.06%, the expense ratio is meaningfully cheaper — about 93% below the Large & MidCap category average of 0.88% (based on 286 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 negative Sharpe ratio of -0.05 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 19.3% is fairly typical for Large & MidCap funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
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 Nifty 200 Alpha 30 ETF
The current NAV (Net Asset Value) of Mirae Asset Nifty 200 Alpha 30 ETF is ₹8.89. NAV is updated every business day after market close by AMFI.
1Y: 4.64%
The expense ratio of Mirae Asset Nifty 200 Alpha 30 ETF is 0.06% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Nifty 200 Alpha 30 ETF is managed by Ekta Gala at Mirae Asset Mutual Fund.
Mirae Asset Nifty 200 Alpha 30 ETF is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Mirae Asset Nifty 200 Alpha 30 ETF is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Mirae Asset Nifty 200 Alpha 30 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 Nifty 200 Alpha 30 ETF is ₹198 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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