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Mirae Asset Nifty 50 Index Fund – scheme overview
Overview of Mirae Asset Nifty 50 Index Fund including launch date, benchmark, NAV and risk level.
Launched on 24 October 2024, the Mirae Asset Nifty 50 Index Fund tracks the Nifty 50 Total Return Index and is managed by Ekta Gala and Ritesh Patel. As of October 2025, its AUM stood at about ₹35 crore with an expense ratio of 0.14% (Direct Plan). The fund has delivered a one-year return of 7.66% CAGR (as of early November 2025), closely matching its benchmark. It primarily invests in blue-chip companies such as HDFC Bank, Reliance Industries, Infosys, and Bharti Airtel, providing investors with diversified large-cap exposure and efficient low-cost market participation.