Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
EquityGlobal - OtherVery High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,925 Cr
Expense Ratio
0.67%
ISIN
INF769K01HH0
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
10 May 2021
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹28.72, Assets Under Management (AUM) of 1924.67 Crores, and an expense ratio of 0.67%.
- Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given a CAGR return of 29.29% since inception.
- The fund's asset allocation comprises around 100.03% in equities, 0.00% in debts, and -0.03% in cash & cash equivalents.
- You can start investing in Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+41.61%
— (Cat Avg.)
3 Years
+52.98%
— (Cat Avg.)
Since Inception
+29.29%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,925.32 Cr | 100.03% |
| Others | ₹-0.65 Cr | -0.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mirae Asset NYSE FANG+ETF | Mutual Fund - ETF | ₹1,924.91 Cr | 100.01% |
| Net Receivables / (Payables) | Cash | ₹-4.42 Cr | 0.23% |
| Treps | Cash - Repurchase Agreement | ₹4.19 Cr | 0.22% |
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Mutual Fund - ETF | ₹1,924.91 Cr | 100.01% |
| Cash | ₹-4.42 Cr | 0.23% |
| Cash - Repurchase Agreement | ₹4.19 Cr | 0.22% |
Risk & Performance Ratios
Standard Deviation
This fund
25.62%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.46
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Ekta Gala
Since May 2021
Ritesh Patel
Since March 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF769K01HH0 | Expense Ratio | 0.67% | Exit Load | No Charges | Fund Size | ₹1,925 Cr | Age | 4 years 1 month | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NYSE FANG+ TR USD |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Global - Other Funds
About the AMC
Total AUM
₹1,95,338 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?
What are the returns of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?
What is the portfolio composition of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?
Who manages the Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?
- Ekta Gala
- Ritesh Patel
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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