
Mirae Asset Nifty 50 Index Fund Direct-Growth
Equity: Large Cap - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Large CapBenchmark: NIFTY 50 Total Return IndexCheck Portfolio Overlap →
NAV: ₹9.47-0.54%
22 Oct 2026
Similar Funds
Side-by-side comparison of Mirae Asset Nifty 50 Index Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | -11.39% | -8.15% | 83 / 109 |
| 3Y Return | — | 9.30% | — |
| 5Y Return | — | 7.81% | — |
| 10Y Return | — | 11.67% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Equity: Large Cap
Top funds by AUM in the Equity: Large Cap category — see how Mirae Asset Nifty 50 Index Fund Direct-Growth compares on size and returns.
Funds Tracking NIFTY 50 Total Return Index
Top funds tracking the NIFTY 50 Total Return Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to Mirae Asset Nifty 50 Index Fund Direct-Growth?
Funds similar to Mirae Asset Nifty 50 Index Fund Direct-Growth in the Equity: Large Cap category include ICICI Prudential Large Cap Fund Direct-Growth, SBI Large Cap Direct Plan-Growth, and Nippon India Large Cap Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Mirae Asset Nifty 50 Index Fund Direct-Growth in its category?
The category rank of Mirae Asset Nifty 50 Index Fund Direct-Growth is shown in the Trailing Returns section above.
How does Mirae Asset Nifty 50 Index Fund Direct-Growth's expense ratio compare to similar funds?
Mirae Asset Nifty 50 Index Fund Direct-Growth has an expense ratio of 0.24%. The peers ICICI Prudential Large Cap Fund Direct-Growth has an expense ratio of 1.01% and SBI Large Cap Direct Plan-Growth has 0.89%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Mirae Asset Nifty 50 Index Fund Direct-Growth's AUM compare to similar funds?
Mirae Asset Nifty 50 Index Fund Direct-Growth has an AUM of ₹68.14 crore. The peers ICICI Prudential Large Cap Fund Direct-Growth has an AUM of ₹76,352.2 crore and SBI Large Cap Direct Plan-Growth has ₹52,372.7 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: Large Cap?
The top performing fund in the Equity: Large Cap category on a 3-year basis is Edelweiss Nifty Next 50 Index Fund Direct-Growth with a CAGR of 15.40% as of 21 Oct 2026. Mirae Asset Nifty 50 Index Fund Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.
How does Mirae Asset Nifty 50 Index Fund Direct-Growth rank in risk-adjusted returns vs peers?
The Sharpe ratio of Mirae Asset Nifty 50 Index Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.