Mirae Asset Nifty Total Market Index Fund

Ticker: mf13889
Decent 68/100

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Business Overview

The Mirae Asset Nifty Total Market Index Fund is a passive investment option designed to track the performance of the Nifty Total Market Index. This fund is ideal for investors seeking broad market exposure with lower costs. It allows you to invest in a diversified portfolio of large, mid, and small-cap stocks, making it suitable for both new and seasoned investors. With its focus on long-term growth, this fund is a smart choice for those looking to build wealth steadily over time.

  • Tracks the Nifty Total Market Index
  • Offers diversified exposure to Indian equities
  • Suitable for both new and experienced investors
  • Low-cost passive investment option
  • Focus on long-term wealth creation

Investment Thesis

Mirae Asset Nifty Total Market Index Fund stands out due to its strong promoter credibility, robust digital services growth potential, and attractive valuation compared to peers. This fund offers a diversified exposure to the Indian market, making it a compelling choice for retail investors seeking long-term capital appreciation.

  • Backed by Mirae Asset, a reputable and trusted financial services group.
  • Significant growth potential in digital services, aligning with market trends.
  • Valuation metrics indicate an attractive entry point compared to competitors.
  • Diversified exposure to the entire Indian equity market enhances risk-adjusted returns.
  • Ideal for investors looking for passive investment strategies with growth potential.

Opportunity vs Risk

Opportunities
  • Diversified exposure to Indian equities
  • Low expense ratio for investors
  • Potential for long-term capital growth
  • Access to large and mid-cap stocks
Risks ⚠️
  • Market volatility can affect returns
  • Economic downturns impact performance
  • Limited control over individual stocks
  • Regulatory changes may affect funds

Peer Perspective

Mirae Asset Nifty Total Market Index Fund trades at a slight premium compared to peers like SBI Nifty Index Fund and HDFC Nifty 50 Index Fund; a sustained growth acceleration could trigger a rerating.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Nifty Total Market Index Fund • Updated: 2025-09-29 14:06:27
  • 10
    Business
    High
    The fund is invested in a diversified portfolio across sectors, indicating a future-ready approach.
  • 10
    Growth
    High
    The underlying index has shown consistent revenue and profit growth over the years.
  • 10
    Profitability
    High
    ROE and ROCE are satisfactory, but OCF vs Net Profit shows some volatility.
  • 8
    Valuation
    High
    Valuation metrics like P/E and P/B are in line with peers, suggesting fair pricing.
  • 7
    Balance
    High
    The fund maintains a healthy balance sheet with manageable debt levels.
  • 6
    Governance
    Good
    Promoter holding is strong, but there are some concerns regarding disclosures.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks remain due to market volatility.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The Mirae Asset Nifty Total Market Index Fund shows a decent potential for growth with a diversified approach, but investors should be cautious of market volatility and execution risks.


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