Mirae Asset Nifty India Manufacturing ETF Fund of Funds
Direct · Growth ₹20.59
06 Jul 2026
NAV
21.6%
3Y CAGR
21.7%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
6.60
Sharpe
-23.0%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
NA
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.91 L | 22.4% | -26.0% | 82.3% |
| 3 Years | ₹36.00 L | ₹46.84 L | 18.1% | 8.3% | 26.9% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 22.4% | 14.5% | 23.2% | +7.9% |
| 3 Years | 18.1% | 11.2% | 20.0% | +6.9% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 21.8% | 16.3% | -7.2% | 63.7% | 0.78 | 4.59 | 89% | — | — |
| 3 Years | 21.6% | 21.9% | 14.2% | 26.8% | 6.60 | — | 100% | — | — |
-23.0%
Max Drawdown
6 mo
Drawdown Duration
10 mo
Recovery Time
-4.8%
Avg Drawdown
Calmar Ratio by Duration
0.95
1Y
0.94
3Y
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +17.10 | 1.03 | 109.5% | 89.0% | 15.3% | -1.6% |
| 3 Years | +11.95 | 1.01 | 107.3% | 92.7% | 19.2% | 7.3% |
| 5 Years | +8.90 | 0.94 | 98.4% | 86.3% | 15.4% | 6.5% |
| 7 Years | +6.05 | 0.94 | 98.4% | 86.3% | 10.8% | 4.6% |
| 10 Years | +4.03 | 0.94 | 98.4% | 86.3% | 7.4% | 3.2% |
| 12 Years | +3.27 | 0.94 | 98.4% | 86.3% | 6.2% | 2.7% |
| 15 Years | +2.52 | 0.94 | 98.4% | 86.3% | 4.9% | 2.1% |