MIRAE ASSET
NYSE FANG+ ETF - (MAFANG)
(Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking NYSE FANG+ Total Return Index)
| Type of Scheme | Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking NYSE FANG+ Total Return Index |
| Investment Objective | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the NYSE FANG+ Total Return Index, subject to tracking error and forex movement. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Mr. Siddharth Srivastava (since May 06, 2021) |
| Allotment Date | 06th May, 2021 |
| Benchmark Index | NYSE FANG+ Index (TRI) |
| Minimum Investment Amount |
On exchange (in multiple of 1 units), Directly with AMC or Authorized Participant (in multiple of 2,00,000 units) |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: For Creation Unit Size: No Exit load will be levied on redemptions made by Authorized Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: Not Applicable -The Units of MAFANG in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days. |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on January 31, 2022 | 1,313.58 |
| Net AUM (₹ Cr.) | 1,353.72 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on January 31, 2022 | 0.53% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| ₹ 51.452 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
| Portfolio Holdings | % Allocation | |
| International Equity Shares | ||
| Apple Inc | 10.70% | |
| Tesla Inc | 10.53% | |
| Microsoft Corp | 10.07% | |
| Alphabet Inc A | 10.00% | |
| Facebook Inc | 9.84% | |
| Nvidia Corp Com | 9.23% | |
| Amazon Com Inc | 9.22% | |
| Netflix Inc | 7.63% | |
| International Equity Holding Total | 77.21% | |
| American Depository Receipt | ||
| Baidu Inc Spon ADR | 11.78% | |
| Alibaba Group Holding Ltd | 10.80% | |
| American Depository Receipt Total | 22.58% | |
| Cash & Other Receivables | 0.21% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| Since Inception (absolute)* | ||||
| MAFANG | 5.43 |
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| Scheme Benchmark* | 5.50 |
|||
| Additional Benchmark** | 19.53 |
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| NAV as on 31st January, 2022 | 51.452 | |||
| Index Value (31st January, 2022) | Index Value of benchmark is 8,567.54 and S&P BSE Sensex (TRI) is 86,594.54 | |||
| Allotment Date | 06th May, 2021 | |||
| Scheme Benchmark | *NYSE FANG+ Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
*Absolute Return (less than one year)
Note:Fund manager : Mr. Siddharth Srivastava managing the scheme since May 06, 2021.
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of NYSE FANG+ Total Return Index.subject to tracking error and foreign exchange movement
• Investments in equity securities covered by NYSE FANG+ Total Return Index
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 22.305. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 