MIRAE ASSET
NYSE FANG+ETF FUND OF FUND - (MAFPF)
(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) |
| Allotment Date | 10th May 2021 |
| Benchmark Index | NYSE FANG+ Index (TRI) |
| 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: Minimum of ₹ 5000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of 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 December 31, 2021 | 1,083.54 |
| Net AUM (₹ Cr.) | 1,102.81 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on December 31, 2021 |
Regular Plan: 0.74% Direct Plan: 0.15% 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 i.e NYSE FANG+ ETF is 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. | |
| NAV: | Direct | Regular |
| Growth | ₹ 11.986 | ₹ 11.947 |
| Portfolio Holdings | % Allocation | |
| Exchange Traded Funds | ||
| Mirae Asset NYSE FANG+ ETF | 99.89% | |
| Exchange Traded Funds Total | 99.89% | |
| Cash & Other Receivables | 0.11% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| Since Inception* | ||||
| MAFPF | 18.92 |
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| Scheme Benchmark* | 13.38 |
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| Additional Benchmark** | 22.66 |
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| NAV as on 31st December, 2021 | 11.947 | |||
| Index Value (31st December, 2021) | Index Value of benchmark is 9,206.94 and S&P BSE Sensex (TRI) is 86,926.99 | |||
| Allotment Date | 10th May, 2021 | |||
| Scheme Benchmark | *NYSE FANG+ Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
*Absolute Return (less than one year)
Note:Fund manager : Ms. Ekta Gala managing the scheme since May 10, 2021.
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.
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 