About Mirae Asset Nifty Total Market Index Fund
Mirae Asset Nifty Total Market Index Fund is a index fund managed by Mirae Asset Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty Total Market Total Return Index, subject to tracking error.
The scheme's stated objective, as published by Mirae Asset Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹10.2732 | 152968 |
| Direct | IDCW | ₹10.2729 | 152969 |
| Regular | Growth | ₹10.1408 | 152970 |
| Regular | IDCW | ₹10.1405 | 152971 |
Frequently asked questions
What is the NAV of Mirae Asset Nifty Total Market Index Fund today?
The NAV of Mirae Asset Nifty Total Market Index Fund (Direct plan, Growth) is ₹10.2732 and the Regular plan NAV is ₹10.1408, as of 18 Sept 2026.
What returns has Mirae Asset Nifty Total Market Index Fund given?
Over the last year the Direct plan returned -1.82%. Past returns do not guarantee future returns.
What is the expense ratio of Mirae Asset Nifty Total Market Index Fund?
The Direct plan charges 0.24% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Mirae Asset Nifty Total Market Index Fund?
You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.
How much has Mirae Asset Nifty Total Market Index Fund fallen in the past?
Its deepest fall was 15.2% from 11 Dec 2024 to 28 Feb 2025. Of every one-year stretch in its history, 83% ended in a gain.
Which category does Mirae Asset Nifty Total Market Index Fund belong to?
It is a Index Fund from Mirae Asset Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Mirae Asset Nifty Total Market Index Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.