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 Mutual Fund

Mirae Asset Nifty Smallcap 250 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: 60/100 · Average

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)—
  • Expense ratio (20%)0.06%
  • AUM (15%)₹257 Cr

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

Mirae Asset Mutual Fund · Equity · Small Cap

₹10.8

-7.42 (-40.73%)

AUM: ₹256 Cr

NAV updated about 13 hours ago

Plan

Direct

Option

Growth

Risk

Very High

Expense Ratio

0.06%

Exit Load

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

Fund Manager

Ekta Gala

Inception

Mar 2024

Benchmark

Nifty Smallcap 250 Momentum Quality 100 Total Return Index

Sharpe Ratio

0.1

Std Dev (1Y)

17.85%

Historical Returns (CAGR)

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

1m

-0.13%

3m

+4.87%

6m

+23.38%

1y

+6.54%

3y

—

5y

—

10y

—

since inception

+7.17%

TopFund's Take on Mirae Asset Nifty Smallcap 250 ETF

Mirae Asset Nifty Smallcap 250 ETF sits in the middle of the pack for Small Cap 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 60/100.

Cost: At 0.06%, the expense ratio is meaningfully cheaper — about 92% below the Small Cap category average of 0.77% (based on 255 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 0.1 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 17.85% is fairly typical for Small Cap funds.

Who should invest: This fund is best suited to investors with a 7-10 year horizon who can stomach 30-40% drawdowns in a bad year in exchange for higher long-term growth potential. 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 100.11%

Asset Allocation

Mutual Fund 100.09%
Repo 0.24%

Frequently Asked Questions about Mirae Asset Nifty Smallcap 250 ETF

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

Discussion

User-generated content — not investment advice, and not verified or endorsed by TopFund.

No comments yet — start the discussion.