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Mirae Asset Mutual Fund

Mirae Asset Nifty India Infrastructure & Logistics 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: 65/100 · Good

How this score is calculated

  • Star rating (35%)4/5
  • 3Y CAGR (30%)17.66%
  • Expense ratio (20%)0.07%
  • AUM (15%)₹129 Cr

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

Mirae Asset Mutual Fund · Equity · Thematic

₹20.25

+8.52 (+72.58%)

AUM: ₹129 Cr

NAV updated about 3 hours ago

Plan

Direct

Option

Growth

Risk

Very High

Expense Ratio

0.07%

Exit Load

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

Fund Manager

Ekta Gala

Inception

Jan 2022

Benchmark

Nifty India Manufacturing Total Return Index

Sharpe Ratio

0.43

Std Dev (1Y)

20.86%

Historical Returns (CAGR)

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

1m

-3.92%

3m

-0.26%

6m

+8.76%

1y

+6.25%

3y

+17.66%

5y

—

10y

—

since inception

+3.26%

TopFund's Take on Mirae Asset Nifty India Infrastructure & Logistics ETF

Mirae Asset Nifty India Infrastructure & Logistics ETF holds up reasonably well within the Thematic category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 65/100.

Cost: At 0.07%, the expense ratio is meaningfully cheaper — about 93% below the Thematic category average of 0.99% (based on 876 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 modest Sharpe ratio of 0.43 — returns have only marginally compensated for the risk taken. Separately, with 20.86% annualised volatility, this is among the more turbulent funds in the Thematic 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 Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.

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 100.26%

Asset Allocation

Mutual Fund 100.00%
Repo 0.12%

Frequently Asked Questions about Mirae Asset Nifty India Infrastructure & Logistics ETF

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

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