Creation Unit and iNAV of Mirae Asset NYSE FANG Plus ETF Fund of Fund

Our Calculation Formula

If Inflation rate is selected then
futureValue = Future value considering the inflation rate

else
Calculate on current value.

SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));

Our Calculation Formula

Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year

For more details, please visit the AMFI website