Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Fund Overview

Fund Size

₹1,570 Cr

Expense Ratio

0.71%

ISIN

INF769K01HH0

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

10 May 2021

About this fund

Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth is a Global - Other mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 3 years and 10 days, having been launched on 10-May-21.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹20.32, Assets Under Management (AUM) of 1570.17 Crores, and an expense ratio of 0.71%.

Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given a CAGR return of 26.46% since inception.
The fund's asset allocation comprises around 99.99% in equities, 0.00% in debts, and 0.01% 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

+80.93%

— (Cat Avg.)

3 Years

+26.07%

— (Cat Avg.)

Since Inception

+26.46%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity	₹1,570.04 Cr	99.99%
Others	₹0.13 Cr	0.01%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Mirae Asset NYSE FANG+ETF	Mutual Fund - ETF	₹1,569.96 Cr	99.99%
Treps	Cash - Repurchase Agreement	₹2.9 Cr	0.18%
Net Receivables / (Payables)	Cash	₹-2.68 Cr	0.17%

Allocation By Market Cap (Equity)

Large Cap Stocks

100.00%

Mid Cap Stocks

Small Cap Stocks

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Mutual Fund - ETF	₹1,569.96 Cr	99.99%
Cash - Repurchase Agreement	₹2.9 Cr	0.18%
Cash	₹-2.68 Cr	0.17%

Risk & Performance Ratios

Standard Deviation

This fund

Cat. avg.

Lower the better

Sharpe Ratio

This fund

Cat. avg.

Higher the better

Sortino Ratio

This fund

Cat. avg.

Higher the better

Fund Managers

Ekta Gala

Since May 2021

Vishal Singh

Since August 2023

Additional Scheme Detailsas of 30th April 2024

	ISIN	INF769K01HH0		Expense Ratio	0.71%		Exit Load	No Charges		Fund Size	₹1,570 Cr		Age	10 May 2021		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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Aditya Birla Sun Life Commodity Equity Global Agricultural Regular Growth Very High Risk	1.7%	1.0%	₹13.04 Cr	-3.0%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Regular Growth Very High Risk	2.0%	1.0%	₹6.31 Cr	18.4%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹6.31 Cr	19.0%
Franklin Asian Equity Fund Regular Growth Very High Risk	2.5%	1.0%	₹231.17 Cr	7.6%
DSP Global Innovation Fund of Fund Direct Growth Very High Risk	1.1%	0.0%	₹753.67 Cr	47.2%
DSP Global Innovation Fund of Fund Regular Growth Very High Risk	2.0%	0.0%	₹753.67 Cr	45.9%
Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk	2.0%	0.0%	₹258.85 Cr	26.0%
Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk	2.3%	1.0%	₹101.38 Cr	20.7%
Edelweiss US Value Equity Offshore Fund Direct Growth Very High Risk	1.4%	1.0%	₹101.38 Cr	21.8%
ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk	2.4%	1.0%	₹297.65 Cr	15.8%

About the AMC

Mirae Asset India Mutual Fund

022-6780 0300

https://www.miraeassetmf.co.in/

Total AUM

₹1,63,012 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹1406.88 Cr	-
Mirae Asset Great Consumer Fund Direct Growth Very High Risk	0.4%	1.0%	₹3351.36 Cr	37.7%
Mirae Asset Cash Management Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10073.98 Cr	7.3%
Mirae Asset Emerging Bluechip Direct Growth Very High Risk	0.6%	1.0%	₹34974.46 Cr	40.7%
Mirae Asset Large Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹38060.19 Cr	24.0%
Mirae Asset Savings Fund Direct Growth Moderate Risk	0.2%	0.0%	₹594.96 Cr	7.4%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹145.28 Cr	7.6%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹8312.74 Cr	18.4%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹155.33 Cr	6.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹1570.17 Cr	80.9%
Mirae Asset Hybrid Equity Fund Direct Growth Very High Risk	0.4%	1.0%	₹8545.85 Cr	25.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹705.09 Cr	34.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Very High Risk	0.6%	0.0%	₹111.07 Cr	28.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹531.86 Cr	49.1%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹795.72 Cr	6.8%
Mirae Asset Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1463.94 Cr	7.6%
Mirae Asset Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1815.41 Cr	33.8%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1702.61 Cr	24.3%
Mirae Asset Multicap Fund Direct Growth Very High Risk	0.4%	1.0%	₹2683.33 Cr	-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹78.52 Cr	60.1%
Mirae Asset Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹22471.76 Cr	36.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹83.22 Cr	6.8%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹49.85 Cr	6.6%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Very High Risk	0.8%	0.0%	₹72.50 Cr	7.2%
Mirae Asset Equity Savings Fund Direct Growth Moderately High risk	0.3%	1.0%	₹1019.74 Cr	17.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹59.30 Cr	6.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹316.95 Cr	41.2%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Very High Risk	2.0%	1.0%	₹95.84 Cr	2.8%
Mirae Asset Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹865.39 Cr	6.8%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹346.19 Cr	7.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹225.99 Cr	6.2%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹103.31 Cr	6.9%
Mirae Asset Healthcare Fund Direct Growth Very High Risk	0.5%	1.0%	₹2236.01 Cr	52.1%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹1870.00 Cr	8.5%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹15139.44 Cr	53.0%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1570.06 Cr	22.3%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?

The NAV of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth, as of 17-May-2024, is ₹20.32.

What are the returns of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?

The fund has generated 80.93% over the last 1 year and 26.07% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?

The fund's allocation of assets is distributed as 99.99% in equities, 0.00% in bonds, and 0.01% in cash and cash equivalents.

Who manages the Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth?

The fund managers responsible for Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth are:-

Ekta Gala
Vishal Singh

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Fund Overview