Mirae Asset Gold ETF Fund of Fund - Direct Plan - Growth
Mutual Fund · Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) · As of 18 Oct 2026, 7:46 pm
Below-average risk-adjusted performance. Volatility here hasn't been well compensated by returns over the trailing period. Worth comparing directly against 2-3 category peers before deciding this is the right vehicle.
DalalBaazaar Score
50/ 100
Moderate
Weighted across five categories. Every point is explained below.
✗ Only 2.0 years of history — too short to judge through a full cycle
Investment Checklist
1 / 3 checks passed
✗ Decent risk-adjusted return (Sharpe ≥ 0.5)
✗ Volatility isn't extreme (< 25% annualized)
✓ Historical worst drawdown contained (better than -30%)
NAV history
Key Metrics
Latest NAV
₹18.33
As of
16 Oct 2026
Fund History Available
2.0 yrs
1Y Return (CAGR)
14.2%
Strong
Annualized Volatility
30.2%
High volatility
Sharpe Ratio (est.)
0.38
Weak risk-adj. return
Max Drawdown
-23.8%
Notable drop seen
Category
Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)
Fund House
Mirae Asset Mutual Fund
SIP / Lumpsum Calculator
Total Invested
₹6,00,000
Estimated Maturity Value
₹8,56,089
Estimated Gain
₹2,56,089
Risk Flags
Estimated Sharpe ratio (0.38) is on the low side — returns aren't compensating well for volatility taken over the trailing year.
Watch Items
Check the AMC's factsheet for portfolio holdings, expense ratio and exit load before investing.