The scheme seeks to generate returns, before expenses, that are commensurate with the performance of Nifty Total Market Total Return Index, subject to tracking error.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Sudip Shere
PGDM in Supply Chain Management & BSC Statistics.
Prior to joining Mirae Asset AMC, he was associated with ICICI Prudential Asset Management Company Limited, Avenue Supermart Limited and Cipla Limited.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Nifty Total Market Index Fund is ₹9.73 as of 2026-10-12.
Mirae Asset Nifty Total Market Index Fund is classified as a Flexi Cap fund.
Mirae Asset Nifty Total Market Index Fund is managed by Mirae Asset Mutual Fund.
The Assets Under Management (AUM) of Mirae Asset Nifty Total Market Index Fund is ₹48.81 Cr.
The expense ratio of Mirae Asset Nifty Total Market Index Fund is 0.99%.
Mirae Asset Nifty Total Market Index Fund is managed by Sudip Shere.
The minimum SIP investment for Mirae Asset Nifty Total Market Index Fund is ₹99.
As per the SEBI Riskometer, Mirae Asset Nifty Total Market Index Fund carries a Very High risk level.
Mirae Asset Nifty Total Market Index Fund has delivered -5.52% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-10-12.
Mirae Asset Nifty Total Market Index Fund was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
