Mirae Asset NYSE FANG+ ETF FoF Direct - Growth
Unrated
NAV as of May 09, 2025
26.221.09%
- Growth - Direct
(Earn upto 0.38% Extra Returns with Direct Plan)
Fund Category:
Equity: International
Expense Ratio:
0.07%(0.73% Category
average)Fund Size:
Rs. 1,737.85 Cr(4.19% of Investment in Category)
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Mirae Asset NYSE FANG+ ETF FoF Direct - Growth
Unrated
NAV as of May 09, 2025
26.221.09%
Expense Ratio:
0.07%
Fund Size:
Rs. 1,737.85 Cr
Fund Category:
Equity: International
Mirae Asset NYSE FANG+ ETF FoF Direct - Growth, launched on May 10, 2021 is benchmarked to NYSE FANG+ Total Return Index. The riskometer of this fundType is set at Very High. Asset Allocation is Equity - 99.95%; Debt - 0.0% and Cash and Others- 0.05%. The Current NAV of the Mirae Asset NYSE FANG+ ETF FoF Direct - Growth as of Feb 04, 2025 is Rs 29.02. The AUM of Mirae Asset NYSE FANG+ ETF FoF Direct - Growth is Rs 2061.28 crore as on Dec 31, 2024. Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 1000.
Mirae Asset NYSE FANG+ ETF FoF Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Mirae Asset NYSE FANG+ ETF FoF - Direct Plan as of May 09, 2025 is Rs 26.22 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 27.83% (1yr), 44.39% (3yr) and 27.25% (since launch). Whereas, Category returns for the same time duration are: 13.83% (1yr), 15.08% (3yr) and 10.56% (5yr).
3. Fund Size: The Mirae Asset NYSE FANG+ ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 1737.85 crore as on Mar 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.07% for Direct plan as on May 08, 2025.
5. Exit Load: Mirae Asset NYSE FANG+ ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.50% if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
1. Current NAV: The Current Net Asset Value of the Mirae Asset NYSE FANG+ ETF FoF - Direct Plan as of May 09, 2025 is Rs 26.22 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 27.83% (1yr), 44.39% (3yr) and 27.25% (since launch). Whereas, Category returns for the same time duration are: 13.83% (1yr), 15.08% (3yr) and 10.56% (5yr).
3. Fund Size: The Mirae Asset NYSE FANG+ ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 1737.85 crore as on Mar 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.07% for Direct plan as on May 08, 2025.
5. Exit Load: Mirae Asset NYSE FANG+ ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.50% if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset NYSE FANG+ ETF FoF Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 15.57 -12.85 17.55 27.83 44.39 - Category Avg 12.66 -4.87 0.86 13.83 15.08 10.56 Rank within Category 11 31 2 2 1 - No. of funds within Category 38 38 38 38 35 18 - Loading...
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Return Comparison
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Mirae Asset NYSE FANG+ ETF FoF Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset NYSE FANG+ ETF.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | May 10, 2021 |
| Benchmark | NYSE FANG+ Total Return Index |
| Return Since Launch | 27.25% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Mirae Asset NYSE FANG+ ETF FoF Direct - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 0.50% if redeemed within 3 months. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| MAR 2025 | FEB 2025 | JAN 2025 | DEC 2024 | NOV 2024 | OCT 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 1 | 1 | 1 | 1 | 1 | 1 |
| Top 5 Company Holdings | 100.03% | 99.96% | 99.98% | 99.97% | 100.02% | 100.0% |
| Top 10 Company Holdings | 100.03% | 99.96% | 99.98% | 99.97% | 100.02% | 100.0% |
| Company with Highest Exposure | Mirae Asset NYSE FANG+ ETF-G (100.03%) | Mirae Asset NYSE FANG+ ETF-G (99.96%) | Mirae Asset NYSE FANG+ ETF-G (99.98%) | Mirae Asset NYSE FANG+ ETF-G (99.97%) | Mirae Asset NYSE FANG+ ETF-G (100.02%) | Mirae Asset NYSE FANG+ ETF-G (100.0%) |
| Number of Sectors | 4 | 4 | 4 | 4 | 4 | 4 |
| Top 3 Sector Holdings | 89.28% | 90.09% | 90.81% | 89.87% | 90.5% | 90.29% |
| Top 5 Sector Holdings | 100.11% | 100.02% | 100.02% | 99.95% | 100.04% | 99.97% |
| Sector with Highest Exposure | Services (40.68%) | Services (41.62%) | Services (42.71%) | Services (39.75%) | Services (40.13%) | Services (39.93%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Mirae Asset NYSE FANG+ ETF-G Unclassified 100.0 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset NYSE FANG+ ETF FoF Direct - Growth 26.22 Unrated 1,737.85 15.57 27.83 44.39 - Motilal Oswal Nasdaq 100 FOF Direct - Growth 35.77 Unrated 4,859.29 3.51 14.81 21.85 19.39 HDFC Developed World Equity Passive FoF Direct-Growth 14.48 Unrated 1,211.52 9.38 11.96 14.90 - Edelweiss Greater China Equity Off-shore Fund Direct-Growth 44.29 Unrated 1,836.43 16.49 13.49 4.23 3.54 ICICI Prudential Global Advantage Fund (FOF) Direct - Growth 16.65 Unrated 325.02 9.08 13.43 10.30 9.27
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
25.48VS18.58Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.27VS0.32Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
38.58VS12.19Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
Mirae Asset Mutual Fund News
- These 10 mutual funds had largest positions in companies listed on NSE in March
- NFO Alert: Mirae Asset Mutual Fund launches Nifty50 Equal Weight ETF
- Mirae Asset Mutual Fund: HDFC Bank and ITC among top 10 stock holdings in March
- 121 equity mutual funds gave double-digit returns in FY25. Do you own any?
Fund Manager
- E.G.Ekta GalaSince Apr 202113 schemes
- A.U.Akshay UdeshiSince Mar 202510 schemes
Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Mr. Udeshi has done B.E (Electronics) and MBA (Finance) Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Hang Seng TECH ETF FoF Direct - Growth International 11.31 Unrated 93.43 56.74 Mirae Asset S&P 500 Top 50 ETF FoF Direct - Growth International 18.41 Unrated 576.22 18.43 Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-Growth Large & MidCap 8.11 Unrated 168.73 - Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - Growth Small Cap 9.16 Unrated 177.34 -8.52 Mirae Asset Nifty India Manufacturing ETF FoF Direct - Growth Thematic 16.98 Unrated 101.60 4.32 Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth Mid Cap 9.16 Unrated 199.59 - Mirae Asset BSE Select IPO ETF FoF Direct - Growth Thematic 10.69 Unrated 7.72 - Mirae Asset Nifty India New Age Consumption ETF FoF Direct-Growth Thematic-Consumption 8.86 Unrated 11.97 - Mirae Asset Gold ETF FoF Direct-Growth Gold 12.32 Unrated 78.72 - Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct - Growth Thematic-ESG 17.93 Unrated 95.62 9.96
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Direct- Growth | 37,845.29 | -4.06 | -10.53 | -10.93 | 4.03 | 11.63 | |
| Mirae Asset Large & Midcap Fund Direct-Growth | 36,514.01 | -4.79 | -14.76 | -15.28 | -0.50 | 13.38 | |
| Mirae Asset ELSS Tax Saver Fund Direct-Growth | 24,007.47 | -4.42 | -13.16 | -12.94 | 3.34 | 14.41 | |
| Mirae Asset Midcap Fund Direct - Growth | 15,460.84 | -6.48 | -18.00 | -19.08 | -1.47 | 16.29 | |
| Mirae Asset Liquid Fund Direct- Growth | 12,730.95 | 0.52 | 1.73 | 3.54 | 7.37 | 6.73 | |
| Mirae Asset Aggressive Hybrid Fund Direct-Growth | 8,685.12 | -3.28 | -8.75 | -9.15 | 4.33 | 12.54 | |
| Mirae Asset Focused Fund Direct - Growth | 7,663.56 | -5.56 | -14.10 | -12.56 | 4.11 | 8.42 | |
| Mirae Asset Great Consumer Fund Direct-Growth | 3,942.01 | -7.05 | -13.66 | -18.75 | 4.33 | 18.20 | |
| Mirae Asset Multicap Fund Direct - Growth | 3,299.81 | -4.70 | -14.45 | -13.80 | 2.30 | - | |
| Mirae Asset Arbitrage Fund Direct - Growth | 2,900.03 | 0.65 | 2.00 | 3.75 | 8.01 | 7.23 |
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About Mirae Asset NYSE FANG+ ETF FoF Direct - Growth
1. Mirae Asset NYSE FANG+ ETF FoF - Direct Plan is Open-ended International Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on May 10, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset NYSE FANG+ ETF. "
2. It is benchmarked against NYSE FANG+ Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 100.1% in equities, 0.0% in debts and -0.1% in cash & cash equivalents.
2. The top holding of the fund is Mirae Asset NYSE FANG+ ETF - Growth which constitute around 100.0% of the assets.
Tax Implications on Mirae Asset NYSE FANG+ ETF FoF Direct - Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Mirae Asset NYSE FANG+ ETF FoF - Direct Plan is Open-ended International Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on May 10, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset NYSE FANG+ ETF. "
2. It is benchmarked against NYSE FANG+ Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 100.1% in equities, 0.0% in debts and -0.1% in cash & cash equivalents.
2. The top holding of the fund is Mirae Asset NYSE FANG+ ETF - Growth which constitute around 100.0% of the assets.
Tax Implications on Mirae Asset NYSE FANG+ ETF FoF Direct - Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Mirae Asset NYSE FANG+ ETF FoF Direct - Growth
- Is it safe to invest in Mirae Asset NYSE FANG+ ETF FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset NYSE FANG+ ETF FoF - Direct Plan comes under Very High risk category.
- What is the category of Mirae Asset NYSE FANG+ ETF FoF - Direct Plan?Mirae Asset NYSE FANG+ ETF FoF - Direct Plan belongs to the Equity : International category of funds.
- How Long should I Invest in Mirae Asset NYSE FANG+ ETF FoF - Direct Plan?The suggested investment horizon of investing into Mirae Asset NYSE FANG+ ETF FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset NYSE FANG+ ETF FoF - Direct Plan?The Mirae Asset NYSE FANG+ ETF FoF - Direct Plan is managed by Ekta Gala (Since Apr 19, 2021) and Akshay Udeshi (Since Mar 12, 2025).
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