Mirae Asset Nifty 50 Index Fund(IDCW)
☆ Add to Watchlist
More Options
Business Overview
The Mirae Asset Nifty 50 Index Fund (IDCW) is a passive investment option designed to mirror the performance of the Nifty 50 Index, making it ideal for investors seeking broad market exposure. This fund is suitable for both novice and seasoned investors looking for a low-cost way to invest in India's top 50 companies. It matters because it offers diversification, lower expense ratios, and potential long-term growth aligned with India's economic progress.
- Passive investment tracking Nifty 50 Index
- Ideal for beginners and experienced investors
- Diversifies portfolio with top 50 Indian companies
- Lower expense ratios compared to actively managed funds
- Potential for long-term capital appreciation
Investment Thesis
Mirae Asset Nifty 50 Index Fund (IDCW) presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to peers. This fund allows investors to gain diversified exposure to India's top companies while benefiting from a robust asset management framework.
- Managed by a reputable promoter group with a proven track record.
- Capitalizes on the growing digital services sector in India.
- Offers attractive valuation metrics compared to other index funds.
- Provides diversified exposure to the Nifty 50, minimizing individual stock risk.
- Ideal for long-term investors seeking stable returns in a growing economy.
Opportunity vs Risk
- Low expense ratio
- Diversification across top companies
- Potential for long-term capital growth
- Passive investment strategy
- Tax benefits under Section 80C
- Market volatility affects returns
- No guarantee of returns
- Tracking error risks
- Economic downturn impact
- Regulatory changes in mutual funds
-
10BusinessHighThe Nifty 50 Index represents a diversified portfolio of large-cap companies, indicating a stable and future-ready sector.
-
10GrowthHighThe fund has shown consistent growth in line with the Nifty 50 index, reflecting strong revenue and profit growth.
-
10ProfitabilityHighROE and ROCE are in line with industry standards, but OCF is slightly lower than net profit.
-
10ValuationHighP/E and P/B ratios are competitive compared to peers, indicating reasonable valuation.
-
8BalanceHighThe fund maintains a healthy debt/equity ratio and liquidity position.
-
7GovernanceHighPromoter holding is strong with minimal pledging, but disclosures could be improved.
-
8DriversHighThe fund benefits from strong market catalysts, but execution risks remain.
-
5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.