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The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 50 Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.
Source: ACEMF; Data as on Sep 30, 2024
An open-ended scheme replicating/tracking Nifty 50 Total Return Index
Mr. Ritesh Patel & Mr. Sudip Shere
Nifty 50 TRI (Total Return Index)
Regular Plan: 0.23 %
Direct Plan: 0.21 %
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Click here to view the latest TER.
3+ Years
Physical replication of Nifty 50 Index

Wealth Creation

Product Labelling for Mirae Asset Nifty 50 Index Fund. The fund is suitable for investors who are seeking returns that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error, through investment in securities covered by Nifty 50 Total Return Index. Investors should consult their financial advisors if they are not clear about the suitability of the product. The Scheme Riskometer shows that the risk of the scheme is Very High. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Very High Risk zone. The Scheme Benchmark is the Nifty 50 Index (TRI). The Benchmark Riskometer also has its needle pointing to the Very High Risk zone, which shows that the risk of the benchmark is Very High.
Disclaimers & Footer
NSE Indices Ltd Disclaimer: Mirae Asset Nifty 50 Index is not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL")). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the Nifty 50 Index to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into consideration in determining, composing or calculating the Nifty 50 Index. NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s).
NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the Nifty 50 Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the Nifty Metal Index or any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
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If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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