Should I invest in Mirae Asset Nifty India Manufacturing ETF FOF?

We don't give personal investment advice. Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Mirae Asset

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW

Latest NAV

₹19.8150

As of

3 Jun 2026

1,066 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.09%	-3.73%	+3.64	87 / 100	Q4
1W	-1.09%	-4.70%	+3.61	63 / 100	Q3
2W	+0.94%	-4.26%	+5.20	6 / 100	Q1
1M	+0.25%	-2.40%	+2.65	45 / 100	Q2
3M	+0.87%	-4.89%	+5.76	24 / 97	Q1
6M	+2.75%	+3.08%	-0.32	29 / 89	Q2
YTD	+1.64%	-1.15%	+2.79	36 / 90	Q2
1Y	+11.06%	+22.24%	-11.17	22 / 77	Q2
2Y	+5.27%	+18.69%	-13.41	30 / 50	Q3
3Y	+21.25%	+15.32%	+5.93	10 / 41	Q1
4Y	+19.56%	+11.96%	+7.59	7 / 35	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+16.73%	+11.30%	+5.43	21 / 100	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.64%	+3.46%	-1.82	35 / 85
2025	+10.56%	+34.91%	-24.35	21 / 55
2024	+24.48%	+12.37%	+12.11	3 / 42
2023	+32.43%	+13.03%	+19.40	3 / 41
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+21.49%

41 windows

min -2.8% · max 59.6%

85% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+20.77%

17 windows

min 13.9% · max 24.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

16.00%

3-year · annualised

Sharpe ratio

0.89

vs risk-free 6.5%

Sortino ratio

1.42

Downside-only deviation

Max drawdown

-23.16%

Sep 2024 → Apr 2025

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Fund of Funds - Domestic

Scheme	Fund house	NAV	As of
HDFC Diversified Equity All Cap Active FOF - IDCW - Direct Plan	HDFC	₹9.6507	3 Jun 2026
Nippon India Diversified Equity Flexicap Passive FoF - IDCW Option	Nippon India	₹20.1044	3 Jun 2026
SBI Gold Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹47.1093	3 Jun 2026
ICICI Prudential Aggressive Plan	ICICI Prudential	₹164.1283	3 Jun 2026
Invesco India Gold ETF Fund of Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹44.6644	3 Jun 2026
Bandhan Aggressive Hybrid Passive FOF - Direct Plan - IDCW	Bandhan	₹36.1127	3 Jun 2026
Aditya Birla Sun Life Gold Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹46.6049	3 Jun 2026
Motilal Oswal Gold and Silver Passive Fund of Funds(Direct Plan)	Motilal Oswal	₹32.6025	3 Jun 2026
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund - Direct Plan - IDCW	Mirae Asset	₹11.3510	3 Jun 2026
Kotak Gold Fund Payout of Income Distribution cum capital withdrawal option	Kotak	₹58.9660	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹19.8150
2 Jun 2026	₹19.7750
1 Jun 2026	₹19.7930
29 May 2026	₹19.9400
27 May 2026	₹20.2780
26 May 2026	₹19.9920
25 May 2026	₹20.0060
22 May 2026	₹19.8500
21 May 2026	₹19.7940
20 May 2026	₹19.7430

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW is ₹19.8150. It's a Fund of Funds - Domestic from Mirae Asset, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW has NAV history starting from 01 Feb 2022, a track record of about 4 years 4 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW is managed by Mirae Asset. It's classified by AMFI under the 'Fund of Funds - Domestic' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW has delivered a absolute return of 11.06% — -11.17 pp behind the Fund of Funds - Domestic category average of 22.24%. The fund ranks #22 of 77 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW has delivered a CAGR of 21.25% — +5.93 pp ahead of the Fund of Funds - Domestic category average of 15.32%. The fund ranks #10 of 41 in its category — the top (Q1) quartile.

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW exactly 3 years ago would be worth approximately ₹178,249 today — a multiplier of 1.78×, based on the 3-year CAGR of 21.25%. The category average over the same window would have grown ₹1 lakh to ₹153,343.

A ₹10,000 monthly SIP in Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹440,839 today. That's an XIRR (money-weighted annualised return) of 13.59%.

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹440,839 — XIRR 13.59%.

On a 3-year basis, Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW ranks #10 out of 41 funds in the Fund of Funds - Domestic category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 15.32%; this fund delivered 21.25%.

The worst peak-to-trough decline Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW has experienced over the last 3-year window is 23.16% — its NAV fell from a high on 27 Sep 2024 to a low on 07 Apr 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW averaged 20.77% (best 24.24%, worst 13.92%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.89 — reasonable risk-adjusted performance.

In calendar year 2025, Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW returned 10.56% — lagging the Fund of Funds - Domestic category average of 34.91% by 24.35 pp. It ranked #21 of 55 in its category that year.

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.