Mirae Asset Mutual Fund
Mirae Asset Nifty India Manufacturing ETF FOF - Direct Plan - Growth
FoF Domestic
+16.4% 3Y CAGR
Nippon India Mutual Fund
FoF Domestic · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Nippon India Nifty Next 50 Junior BeES FoF is a FoF Domestic fund from Nippon India Mutual Fund, with NAVs going back to March 2019. This page covers its direct plan, growth option. It manages ₹786 crore, the 52nd largest of 141 FoF Domestic funds. Its expense ratio is 0.13% a year, lower than the median of 0.17% for FoF Domestic funds.
Over the last three years it returned 15.89% a year, 25th of 73 FoF Domestic funds (median 12.68%). Over five years it returned 10.52% a year, 21st of 52. It is 0.45 percentage points a year behind its benchmark, the Nifty Next 50 TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 25.9%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-2.92%
3 Years
+15.89%
5 Years
+10.52%
Since launch (11 Mar 2019)
+12.71%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -2.33% | -2.12% | -0.21 pts |
| 3 Years | +16.32% | +16.77% | -0.45 pts |
| 5 Years | +10.70% | +11.08% | -0.38 pts |
| Since launch | +13.15% | +13.62% | -0.47 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
16.9%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-25.9%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 11 Mar 2019.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Nippon India Mutual Fund's website before you invest.
Funds next to Nippon India Nifty Next 50 Junior BeES FoF, in the same category, ranked by 3-year return.
Mirae Asset Mutual Fund
FoF Domestic
+16.4% 3Y CAGR
Aditya Birla Sun Life Mutual Fund
FoF Domestic
+15.5% 3Y CAGR
Nippon India Mutual Fund
FoF Domestic
+14.3% 3Y CAGR
Nippon India Nifty Next 50 Junior BeES FoF - Direct Plan - Growth Plan - Growth Option
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