MIRAE ASSET
NYSE FANG+ETF FUND OF FUND
(Fund of Fund - An Open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF)
| Type of Scheme | Fund of Fund - An Open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF |
| Investment Objective | An open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF There is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Ms. Ekta Gala (since May 10, 2021) Mr. Vishal Singh (since August 28, 2023) |
| Allotment Date | 10th May 2021 |
| Benchmark Index | NYSE FANG+ Index (TRI) (INR) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹ 500/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly / Quarterly option. |
| Load Structure | Entry load: NA Exit load: If redeemed within 3 months from the date of allotment: 0.50% If redeemed after 3 months from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option |
| Monthly Average AUM (₹ Cr.) as on June 30, 2024 | 1,525.921 |
| Net AUM (₹ Cr.) | 1,510.97 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on June 30, 2024 |
Regular Plan: 0.44% Direct Plan: 0.05% Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme |
| Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme. The TER of underlying scheme Mirae Asset NYSE FANG+ ETF is 0.66% | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 20.075 | ₹ 19.828 |
This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income
• Investments predominantly in units of Mirae Asset NYSE FANG+ ETF
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
| Portfolio Holdings | % Allocation |
| Exchange Traded Funds | |
| Mirae Asset NYSE FANG + ETF | 99.92% |
| Exchange Traded Funds Total | 99.92% |
| Cash & Other Receivables Total | 0.08% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Year | 3 Years | Since inception | Value of 10000 invested Since Inception (in Rs.) | |
| Mirae Asset NYSE FANG+ETF Fund of Fund | 51.75% |
19.45% |
24.34% |
19,828 |
| Scheme Benchmark* | 49.05% |
20.68% |
25.35% |
20,339 |
| Additional Benchmark** | 23.69% |
16.07% |
17.62% |
16,651 |
| NAV as on 30th June, 2024 | ₹ 19.828 | |||
| Index Value (30th June, 2024) | Index Value of benchmark is 13,033.97 and BSE Sensex (TRI) is 1,21,991.93 | |||
| Allotment Date | 10th May, 2021 | |||
| Scheme Benchmark | *NYSE FANG+ Index (TRI) (INR) | |||
| Additional Benchmark | **BSE Sensex (TRI)## | |||
Fund manager : Ms. Ekta Gala & Mr. Vishal Singh managing the scheme since May 10, 2021 & (w.e.f August 28, 2023) respectively.
Note: Returns for 1 year and below are absolute returns, Returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
