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Mirae Asset Mutual Fund

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund - Regular Plan - Growth

★★★★★ 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: 42/100 · Weak

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)—
  • Expense ratio (20%)1.13%
  • AUM (15%)₹13 Cr

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

Mirae Asset Mutual Fund · Hybrid · Aggressive Hybrid

₹10.18

+1.0 (+10.86%)

AUM: ₹12 Cr

NAV updated 25 days ago

Plan

Regular

Option

Growth

Risk

High

Expense Ratio

1.13%

Exit Load

Nil

Fund Manager

Ekta Gala

Inception

Jul 2026

Benchmark

Nifty200 Momentum 30 Plus 8-13 yr G-Sec 75:25 Total Return Index

Sharpe Ratio

0.19

Std Dev (1Y)

19.04%

Historical Returns (CAGR)

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

1m

-0.2%

3m

+3.89%

6m

+5.44%

1y

+4.91%

3y

—

5y

—

10y

—

since inception

-4.84%

TopFund's Take on Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund - Regular Plan - Growth

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund - Regular Plan - Growth lags behind most of its peers in the Aggressive Hybrid category, 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 42/100.

Cost: At 1.13%, the expense ratio runs 28% above the Aggressive Hybrid category average of 0.88%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.19 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 19.04% is fairly typical for Aggressive Hybrid funds.

Who should invest: This fund is best suited to investors who want a single fund blending equity growth with debt-driven stability. 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

Equity 75.13%
GOI Securities 24.52%
Repo 0.25%
Net Receivables 0.11%

Frequently Asked Questions about Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund - Regular Plan - Growth

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

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