MIRAE ASSET
S&P 500 TOP 50 ETF FUND OF FUND - (MASPF)
(Fund of Fund - An open ended fund of fund scheme predominantly investing in units of Mirae Asset S&P 500 Top 50 ETF)
| Type of Scheme | Fund of Fund - An open ended fund of fund scheme predominantly investing in units of Mirae Asset S&P 500 Top 50 ETF |
| Investment Objective | The investment objective of the scheme is to provide longterm capital appreciation from a portfolio investing predominantly in units of Mirae Asset S&P 500 Top 50 ETF. There is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Ms. Ekta Gala (since September 22, 2021) |
| Allotment Date | 22nd September 2021 |
| Benchmark Index | S&P 500 Top 50 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: ₹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 July 31, 2023 | 441.70 |
| Net AUM (₹ Cr.) | 449.23 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 |
Regular Plan: 0.50% Direct Plan: 0.08% 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 Mirae Asset S&P 500 Top 50 ETF Index is 0.66% | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 11.838 | ₹ 11.747 |
This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income
• Investments predominantly in units of Mirae Asset S&P 500 Top 50 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 S&P 500 Top 50 ETF | 99.85% |
| Exchange Traded Funds Total | 99.85% |
| Cash & Other Receivables Total | 0.15% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MASPF | 20.36% |
9.07% |
||
| Scheme Benchmark* | 20.32% |
11.43% |
||
| Additional Benchmark** | 16.93% |
8.12% |
||
| NAV as on 31st July, 2023 | ₹ 11.747 | |||
| Index Value (31st July, 2023) | Index Value of benchmark is 6,623.30 and S&P BSE Sensex (TRI) is 1,01,480.37 |
|||
| Allotment Date | 22nd September, 2021 | |||
| Scheme Benchmark | *S&P 500 Top 50 Index (TRI) (INR) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Ms. Ekta Gala managing the scheme since September 22, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
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
. Lumpsum and switch in transactions allowed with no upper limit on amount with effect from March 27, 2023.
. Existing registered Systematic Investment Plans (SIPs)/Systematic Transfer Plans (STPs) shall be allowed with effect from March 29, 2023. However, fresh SIP / STP registrations will not be allowed.