MIRAE ASSET
NYSE FANG+ ETF - (NSE Symbol : MAFANG, BSE Code: 543291)
(An open-ended scheme replicating/tracking NYSE FANG+ Total Return Index)
| Type of Scheme | 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) (INR) |
| Minimum Investment Amount^ |
Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Minimum amount of ₹25 crores for transacting directly with the AMC. Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. 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 Market Makers / 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 February 29, 2024 | 2,022.07 |
| Net AUM (₹ Cr.) | 2,046.11 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.05% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on February 29, 2024 | 0.66% |
| **For experience of Fund Managers Click Here | |
| ^The applicability of said threshold limit for all investors (other than Market Makers) has been extended for the below categories of investors till April 30, 2024:- 1. Schemes managed by Employee Provident Fund Organisation, India. 2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961. |
|
| ₹ 81.3549 (Per Unit) |
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
| Portfolio Holdings | % Allocation |
| International Equity Shares | |
Semiconductors |
|
Nvidia Corp Com |
14.17% |
Broadcom Inc |
10.28% |
Interactive Media & Services |
|
Meta Platforms Registered Shares A |
12.61% |
Alphabet Inc A |
8.99% |
Movies & Entertainment |
|
Netflix Inc |
10.82% |
Broadline Retail |
|
Amazon Com Inc |
10.23% |
Systems Software |
|
Microsoft Corp |
9.51% |
Internet Services & Infrastructure |
|
Snowflake Inc |
8.25% |
Technology Hardware, Storage & Peripherals |
|
Apple Inc |
7.86% |
Automobile Manufacturers |
|
Tesla Inc |
7.26% |
International Equity Holding Total |
99.97% |
Cash & Other Receivables |
0.03% |
Total |
100.00% |
| Returns (in%) | ||||
| 1 Year | Since inception | Value of 10000 invested Since Inception (in Rs.) | ||
| Mirae Asset NYSE FANG+ ETF | 80.15% |
20.05% |
16,741 |
|
| Scheme Benchmark* | 81.60% |
20.63% |
16,970 |
|
| Additional Benchmark** | 24.58% |
16.42% |
15,353 |
|
| NAV as on 29th February, 2024 | ₹ 81.3549 | |||
| Index Value (29th February, 2024) | Index Value of benchmark is 11,316.38 and S&P BSE Sensex (TRI) is 1,11,227.59 |
|||
| Allotment Date | 06th May, 2021 | |||
| Scheme Benchmark | *NYSE FANG+ Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Siddharth Srivastava managing the scheme since May 06, 2021.
Note: Returns below or for 1 year 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 ₹ 48.597. 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
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.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MAFANG
BSE Code: 543291
Bloomberg Code: MAFANG IN Equity
Reuters Code: MIRA.NS