Mirae Asset Nifty India Manufacturing ETF Fund of Funds
Direct · Growth ₹21.18
18 Aug 2026
NAV
21.6%
3Y CAGR
21.6%
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.
6.63
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.
0.07%
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 | 22.3% | -26.0% | 82.3% |
| 3 Years | ₹36.00 L | ₹46.73 L | 18.0% | 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 | Category avg |
|---|---|---|
| 1 Year | 22.3% | 21.7% |
| 3 Years | 18.0% | 22.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 21.8% | 16.5% | -7.2% | 63.7% | 0.78 | 4.60 | 89% | — | — |
| 3 Years | 21.6% | 21.9% | 14.2% | 26.8% | 6.63 | — | 100% | — | — |
-23.0%
Max Drawdown
6 mo
Drawdown Duration
10 mo
Recovery Time
-4.7%
Avg Drawdown
Calmar Ratio by Duration
0.95
1Y
0.94
3Y