Click here for top ranked funds in sectoral / thematic - esg mutual funds.
However, Scripbox does not recommend investing in sectoral / thematic - esg mutual funds.
These funds invest in companies that rank high on their environmental & social impact and governance.
It is based on the belief that this high ranking reflects in the stock performance of these companies over the long term.This strategy,however,limits the available universe of companies and the fund sizes are very small.On the other hand,other diversified funds can also invest in such companies and do.Investors are therefore better off investing in diversified funds rather than this category.
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Historical NAV
₹ 13.506
NAV (Sep 23)
Fund Returns
Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
36.5%
6 Month CAGR
20%
Scheme Information
Investment Objective
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset ESG Sector Leaders ETF. There is no assurance that the investment objective of the Scheme will be realized.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Mirae Asset Investment Managers (India) Private Limited manages assets worth 92,647 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About Mirae Asset ESG Sector Leaders Fund of Fund (G)
About Mirae Asset ESG Sector Leaders Fund of Fund (G)
Mirae Asset ESG Sector Leaders Fund of Fund (G) is a Sectoral / Thematic - Esg Equity fund and has delivered an annualised return of 36.5% over a period of 0 years. . The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Ekta Gala
Mirae Asset ESG Sector Leaders Fund of Fund (G) Investment Objective
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset ESG Sector Leaders ETF. There is no assurance that the investment objective of the Scheme will be realized. . However, there is no assurance that the objective of the scheme will be realized.
Mirae Asset ESG Sector Leaders Fund of Fund (G) NAV,AUM,Risk
The Mirae Asset ESG Sector Leaders Fund of Fund (G) fund was launched on Nov 19, 2020. The NAV (Net Asset Value) of this Sectoral / Thematic - Esg Equity fund as of 2021-09-23 is ₹13.51. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹138.999. The category risk of the Mirae Asset ESG Sector Leaders Fund of Fund (G) fund is Very High Risk. The fund charges 0.73 % as expense ratio.
Mirae Asset ESG Sector Leaders Fund of Fund (G) Holdings
The fund’s highest allocation is towards Equity and has invested 98% in this asset class. The top three holdings of the fund are , mirae asset esg sector leaders etf , net receivables / (payables) , triparty repo
Mirae Asset ESG Sector Leaders Fund of Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Mirae Asset ESG Sector Leaders Fund of Fund (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty100 ESG Sector Leaders TR INR
Mirae Asset ESG Sector Leaders Fund of Fund (G) Review
Mirae Asset ESG Sector Leaders Fund of Fund (G) has a score of 1 on a scale of 5. The fund scores 1 out of 5 based on historical performance.
As compared to the other funds in its category, Mirae Asset ESG Sector Leaders Fund of Fund (G) has a score of 2 out of 5
Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.
