FAQ : Mirae Asset S&P 500 Top 50 ETF

Mirae Asset S&P 500 Top 50 ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 37.69 N/A N/A N/A
Average Rolling Returns(%) 15.14 N/A N/A N/A

The Current NAV of Mirae Asset S&P 500 Top 50 ETF is ₹38.29.

It is better to invest in a fund with a longer track record as Mirae Asset S&P 500 Top 50 ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark S&P 500 Top 50 TRI returns, as Funds portfolio is significantly different.

Mirae Asset S&P 500 Top 50 ETF fund’s expense ratio is 0.65%

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 S&P 500 Top 50 ETF is currently ₹679 Crores.

The Top three stocks are Microsoft Corp, Apple Inc and Nvidia Corp Com and account for 31% of its portfolio. Top 5 and 10 stocks of fund account for 42% and 56% of fund’s portfolio respectively.

Top three sectors of Mirae Asset S&P 500 Top 50 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 S&P 500 Top 50 ETF Fund is ETFs - Other.

Siddharth Srivastava manages the Mirae Asset S&P 500 Top 50 ETF Fund.

Mirae Asset S&P 500 Top 50 ETF current PE ratio is 0.00 and PB ratio is 0.00

The asset allocation of Mirae Asset S&P 500 Top 50 ETF is Stocks : 99.96%, Debt : 0.05% and Gold : 0%

The minimum SIP amount for Mirae Asset S&P 500 Top 50 ETF is N/A and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset S&P 500 Top 50 ETF is N/A

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