Investment type
Mirae Asset Nifty Total Market Index Fund-Dir (G) is a mutual fund under the Index Funds category, managed by Mirae Asset Mutual Fund. It was launched on 20 Nov 2006, and has been active for over 19 years. As of 31 Mar 2025 the fund manages assets worth ₹42 Crores. The expense ratio is 0.21%.
This fund generated returns of 0% in the last 1 year. Since its inception, it has provided an average annual return of 4.77%.
The fund's investments are mainly concentrated in sectors like Banks, IT-Software, Finance, Petroleum Products and Pharmaceuticals & Biotech.
The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, Reliance Industr, Infosys and Bharti Airtel.
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty Total Market Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Index funds are generally low-risk as they spread investments across an entire market index, reducing the impact of individual stock volatility.
Yes, if you’re looking for a low-cost way to invest in the market and are comfortable with moderate returns that match market trends.
Ideally, you should stay invested for the long term, as index funds perform best over extended periods.
Yes, index funds are open-ended, so you can withdraw at any time, but it's best to hold them long-term.
Index funds usually have low expense ratios due to passive management, often ranging from 0.1% to 0.5%.
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