MIRAE ASSET NIFTY 50 INDEX FUND REGULAR PLAN IDCW REINVESTMENT

MIRAE ASSET NIFTY 50 INDEX FUND REGULAR PLAN IDCW REINVESTMENT is a scheme launched by Mirae Asset Mutual Fund on October 25, 2024, and falls under the Large Cap fund category. It currently manages an AUM of Rs 30.72 crore. The fund permits investments with a minimum SIP of Rs 5000 and a lump sum of Rs 5000. It charges an expense ratio of 0.75% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error.

• Performance:

  MIRAE ASSET NIFTY 50 INDEX FUND REGULAR PLAN IDCW REINVESTMENT trailing returns over different times are 0% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 6.22%.