View Performance of the funds managed by the Fund Manager
America’s Top 50 companies* await you!
*Top 50 companies of S&P 500 Index as per free float market cap
The S&P 500 Top 50 consists of 50 largest companies from S&P 500 index, reflecting U.S. ^mega-cap performance. Index constituents are weighted by float-adjusted market capitalization.
Derived from S&P 500 Index, the large cap barometer of US markets
Portfolio is reviewed once every year to ensure portfolio evolves as market evolves
Sector Agnostic portfolio
The Mirae Asset S&P 500 Top 50 ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in S&P 500 Top 50 Index.
The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.
^Mega-cap is as per S&P methodology wherein S&P 500 stocks are considered as large cap and S&P 500 Top 50 stocks are considered as mega-cap.
*If INR appreciates against the currency in which investments are made then the value of foreign asset declines as a result of which the fund investing in such foreign asset will also bear the impact of it.
@Top 50 companies of S&P 500 Index as per free float market cap
An open-ended scheme replicating/tracking S&P 500 Top 50 Total Return Index
Mr. Siddharth Srivastava
S&P 500 Top 50 TRI (Total Return Index) (INR)
NSE and BSE
On exchange in multiple of 1 unit. With AMC: In multiples of 5,50,000 units
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Vaibhav Stock & Derivatives Broking Private Limited
20th September, 2021
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Recommended Investment Horizon
3+ Years
Replicate/track S&P 500 Top 50 Index (INR), subject to tracking error and forex movement.
Wealth Creation
How to trade in ETF ?
Name | Allocation | |
1 | Apple Inc | 12.91% |
2 | Microsoft Corp | 11.03% |
3 | Amazon Com Inc | 6.81% |
4 | Tesla Inc | 4.30% |
5 | Alphabet Inc A | 3.99% |
6 | Alphabet Inc | 3.70% |
7 | Nvidia Corp Com | 3.25% |
8 | Berkshire Hathaway Inc | 3.08% |
9 | Meta Platforms Registered Shares A | 2.45% |
10 | Unitedhealth Group Inc | 2.29% |
*Data as on 31st March, 2022.
Mirae Asset ETF is a part of Mirae Asset Mutual Fund and is used for Exchange Traded Funds managed by Mirae Asset Investment Managers (India) Private Limited.
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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))));
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
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