MF Gyan
otherVery high riskLess than a year old

Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth

A specialised fund. Check the scheme details for what it invests in. From Mirae Asset Mutual Fund. It's been running since 27 Feb 2026.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹10.751
▲ 1.28% today
As of 4 Sep 2026 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 107 other funds in Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)

Same plan
Bumpiness (3Y)
22.25%median 17.80% (+4.45%)
Rank #71 of 108Less risky than 30% of peers
Worst-ever drop
-11.47%median -17.28% (+5.81%)
Rank #69 of 108Less risky than 36% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
22.3%

The value swings roughly 22% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-11.47%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch18.59%
Volatility — 1 year (annualised)22.25%
Volatility — 3 years (annualised)22.25%
Max drawdown — 1 year-11.47%
Max drawdown — 3 years-11.47%
Sharpe ratio — 1 year (rf=6%)0.51
Sharpe ratio — 3 years (rf=6%)0.51

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)
Plan
Direct
Option
Growth
ISIN (Growth)
INF769K01QM1
ISIN (Div re-invest)
—
Fund code
154216
First price on record
27 Feb 2026 · 129 daily prices

About Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth

Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth is a Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) offered by Mirae Asset Mutual Fund under the Direct plan with the Growth option. It has approximately 1 year of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth is ₹10.7510 (as of 4 Sep 2026). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 22.3% annualised volatility — a "very high" level of bumpiness; its deepest peak-to-trough fall on record was 11.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth?+

The latest NAV of Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth is ₹10.7510 as of 4 Sep 2026, up 1.28% from the previous day. NAV is updated once a business day after the market close.

What category does Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth belong to?+

Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth is categorised as Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic). A specialised fund. Check the scheme details for what it invests in.

How risky is Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 22.3%, Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth sits in the "very high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth a direct plan?+

Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth?+

Mirae Asset Nifty Metal ETF FOF - Direct Plan - Growth has NAV history available from 27 Feb 2026 — approximately 1 year of track record and 129 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.