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Mirae Asset NYSE FANG+ ETF

FAQ : Mirae Asset NYSE FANG+ ETF

Mirae Asset NYSE FANG+ ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.37 43.53 28.08 N/A
Average Rolling Returns(%) 36.45 37.73 26.30 N/A

The Current NAV of Mirae Asset NYSE FANG+ ETF is ₹174.86.

Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Mirae Asset NYSE FANG+ ETF fund’s expense ratio is 0.55%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset NYSE FANG+ ETF is currently ₹4,448 Crores.

The Top three stocks are Micron Technology Inc, Meta Platforms and Palantir Technologies Inc. Class A and account for 32% of its portfolio. Top 5 and 10 stocks of fund account for 52% and 100% of fund’s portfolio respectively.

Top three sectors of Mirae Asset NYSE FANG+ ETF fund are Others, Miscellaneous and accounting for 100% of the total portfolio.

Since this is a ETFs - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset NYSE FANG+ ETF Fund is ETFs - Other.

Siddharth Srivastava manages the Mirae Asset NYSE FANG+ ETF Fund.

Mirae Asset NYSE FANG+ ETF current PE ratio is 0.00 and PB ratio is 0.00

The asset allocation of Mirae Asset NYSE FANG+ ETF is Stocks : 100.02%, Debt : -0.03% and Gold : 0%

The minimum SIP amount for Mirae Asset NYSE FANG+ ETF is N/A and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset NYSE FANG+ ETF is N/A