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Mirae Asset Mutual Fund

Mirae Asset Nifty 8-13 yr Gsec 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

Full rating methodology →

TopFund Score: 54/100 · Average

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)6.83%
  • Expense ratio (20%)0.2%
  • AUM (15%)₹103 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Mirae Asset Mutual Fund · Exchange Traded Funds (ETFs) - Debt ETF · Debt ETF

₹30.17

-0.13 (-0.43%)

AUM: ₹103 Cr

NAV updated 2 days ago

Plan

Direct

Option

Growth

Risk

High

Expense Ratio

0.2%

Exit Load

Exit load of 0.05%, if redeemed within 15 days.

Fund Manager

Ekta Gala

Inception

Feb 2026

Benchmark

NIFTY Metal Total Return Index

Sharpe Ratio

-0.91

Std Dev (1Y)

3.13%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-1.07%

3m

-0.26%

6m

+1.81%

1y

+3.0%

3y

+6.83%

5y

—

10y

—

since inception

+7.08%

TopFund's Take on Mirae Asset Nifty 8-13 yr Gsec ETF

Mirae Asset Nifty 8-13 yr Gsec ETF sits in the middle of the pack for Debt ETF funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 54/100.

Cost: At 0.2%, the expense ratio is roughly in line with the Debt ETF category average of 0.2% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.91 — 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 3.13% is on the lower side for a Debt ETF fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth. 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

Unspecified 100.83%

Asset Allocation

Mutual Fund 100.15%
Repo 0.22%

Fund Snapshot

Scheme Code 151695
NAV Date 24 Sep 2026
AUM ₹103 Cr
Status Active

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Frequently Asked Questions about Mirae Asset Nifty 8-13 yr Gsec ETF

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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