Mirae Asset NYSE FANG ETF (G)

Mirae Asset NYSE FANG ETF (G) is an Exchange Traded Fund which is benchmarked to NYSE FANG+ TR USD. Mirae Asset NYSE FANG ETF (G) is managed by the Mirae Asset Investment Managers (India) Private Limited with the fund managers being Ekta Gala, Vishal Singh. The Mirae Asset NYSE FANG ETF (G) was launched on Apr 14, 2021 with no lock-in period. Since its inception, the fund has delivered null% as a return on investment. The fund has delivered a 1-year return of 67.7%, a 3-year return of 19.9%, and a 5-year return of null%.

As on 7 May, 2024 the NAV of the fund is Rs 84.09 and the AUM is Rs 2079.37 crores. The fund charges an expense ratio of 0.66% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to NYSE FANG+ TR USD, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Mirae Asset NYSE FANG ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Mirae Asset NYSE FANG ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.