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Unrated

Mirae Asset S&P 500 Top 50 ETF


Suitability:

This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- 0.45 0.88 -- -- -- -- -- -- -- --
S&P BSE 500 TRI* -- 0.88 3.14 -- -- -- -- -- -- -- --

As on 13-Oct-2021

* As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset S&P 500 Top 50 ETF  | Invest Online
Unrated
Sep-21 -- -- -- -- 286
Motilal Oswal NASDAQ 100 Exchange Traded Fund
Unrated
Mar-11 25.76 29.22 27.78 0.56 5,152
Franklin India Feeder Franklin US Opportunities Fund  | Invest Online Now
Unrated
Feb-12 21.12 24.15 23.46 1.61 3,838
Motilal Oswal Nasdaq 100 FOF - Regular Plan  | Invest Online
Unrated
Nov-18 24.59 -- -- 0.50 3,623
Motilal Oswal S&P 500 Index Fund - Regular Plan  | Invest Online
Unrated
Apr-20 26.66 -- -- 1.06 2,145

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.19 30-Sep-2021 - 07-Oct-2021 -2.66 23-Sep-2021 - 30-Sep-2021
Month -- - -- -
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 20.70 22.02 0.76 0.86 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) --
Top 5 Stocks (%) --
Top 3 Sectors (%) 59.38
Portfolio P/B Ratio 5.90
Portfolio P/E Ratio 26.61

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 51,22,407 22,40,103
Giant (%) 100.00 92.19
Large (%) -- 8.50
Mid (%) -- 6.38
Small (%) -- 1.19
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
new Apple Inc. (USA) Consumer Durable -- 11.21
new Microsoft Corportion (US) Technology -- 10.69
new Amazon. com Inc. (USA) Consumer Durable -- 7.22
new Facebook Co Technology -- 4.08
new Alphabet Inc Class A Technology -- 4.06
new Alphabet Inc Class C Technology -- 3.79
new Tesla Motors Inc Automobile -- 3.17
new NVIDIA Corporation (USA) Technology -- 2.60
new Berkshire Hathway Inc (US) Diversified -- 2.55
new JP Morgan Chase & Co. (US) Financial -- 2.47
new Johnson & Johnson Diversified -- 2.14
new Visa Inc Financial -- 1.90
new United Health Group Inc Healthcare -- 1.86
new Home Depot INC FMCG -- 1.76
new Procter & Gamble (USA) FMCG -- 1.71
new Bank of America Financial -- 1.59
new The Walt Disney Company Services -- 1.55
new Paypal Holdings Inc - W/I Services -- 1.54
new Mastercard Ord Shs Class A Financial -- 1.53
new Adobe Systems Inc. (USA) Technology -- 1.38
new NetFlix Inc. (USA) Services -- 1.36
new Salesforce Com. Technology -- 1.33
new Comcast Corporation (USA) Communication -- 1.29
new Exxon Mobil Corporation (US) Energy -- 1.26
new Pfizer INC Healthcare -- 1.22

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Siddharth Srivastava since 01-Sep-2021

Education: Mr. Srivastava is a MBA (Tech), B.Tech

Experience: Prior to joining Mirae Asset Investment Managers (India) Private Limited, he has been associated with Mirae Asset Global Investments (India) Private Limited, NSE Indices Limited and Morgan Stanley Capital International.

Funds Managed:


1.46%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 28.4820


Investment Strategy

The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the S&P 500 Top 50 Total Return Index, subject to tracking error and forex movement.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 20-Sep-2021
Return Since Launch: 2.39%
Benchmark: S&P 500 Top 50 Total Return Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 286 Cr (As on 30-Sep-2021)
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over