Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
NAV: ₹ 10.1 as on 08-02-2023
Fund Insights
In the last 1 year, ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth has given 32.46% return, outperforming this fund by 39.37%
This fund has one of the lowest expense ratio in the category (global - other). Its expense ratio is 0.92% which is lower than the category average expense ratio of 1.17%
Fund Performance as on (01-Jan-70)
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth is an equity fund. This fund was started on 10 May, 2021. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.
1) Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has a NAV of ₹10.108 as on 08-02-2023.
2) Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has ₹682 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.
3) The fund has an expense ratio 0.92 %.
Fund Overview
Expense ratio | 0.92% |
Benchmark | NYSE FANG+ TR USD |
AUM | ₹682 Cr |
Inception Date | 10 May, 2021 |
Min Lumpsum/SIP | ₹5000/₹5000 |
Exit Load | 0.5% |
Lock In | No Lock-in |
TurnOver | 6.2% |
Fund Distribution as on (31-Dec-22)
Sector Allocation
Communication
Tech
Consumer Cyclical
Top Holdings as on (31-Dec-69)
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
Mirae Asset NYSE FANG+ETF | 100.05% | -1.3% |
Winners & Losers as on (31-Dec-69)
Top Losers | 1M Return |
|---|---|
Mirae Asset NYSE FANG+ ETF | -4.4% |
Peer Analysis
Fund Manager
Ekta Gala
AMC details
Fund Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹682 Cr
Expense Ratio 0.92%
Frequently Asked Questions
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 27.83% | 27.83% |
6 Month Returns | 5.41% | 5.41% |
1 Year Returns | -7.02% | -7.02% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth | -5.59 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth | 0.74 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth | -0.61 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth | 28.44 | - | - |
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.