Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
Equity
Direct
Equity - Esg
NAV as on 19-11-2024
₹ 17.58
▲0.4%
1D
Inception Returns
15.4%
/yr
About Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth is an equity fund. This fund was started on 19 November, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has ₹101 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has given a CAGR return of 15.44% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 21.79% and 9.33% respectively.
Holdings
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Energy, Industrial, Basic Materials, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are Mirae Asset Nifty 100 ESG Sect Ldrs ETF
Taxation
As it is a equity - esg mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
The investment objective of the scheme is to provide long-term capital appreciation from a portflio investing predominantly in units of Mirae Asset Nifty 100 ESG Sector Leaders ETF. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Overview
| Expense ratio | 0.46% |
Benchmark | Morningstar India Sustain NR INR |
| AUM | ₹101 Cr |
| Inception Date | 19 November, 2020 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 0.88% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 101.2 Cr as of Oct'24
- AUM decreased by 9.4 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Tech & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Nifty 100 ESG Sect Ldrs ETF | 99.93% | -1.4% |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹101 Cr
Expense Ratio 0.46%
Frequently Asked Questions for Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.03% | -6.03% |
6 Month Returns | 4.78% | 4.78% |
1 Year Returns | 21.79% | 21.79% |
3 Years Returns | 30.68% | 9.33% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | -1.62 | -0.91 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 1.02 | 0.99 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 1.48 | 0.4 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth | 13.62 | 13 | - |