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  • Mutual Funds
  • Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)
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Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)

FoFs Domestic
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  • NAV

    20.87(6.04%)

  • Fund Size (CR)

    ₹643.39

  • Expense Ratio

    0.09

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹99

  • Minimum Withdrawal

    ₹0

  • Exit Load If redeemed within 3 months from the date of allotment: 0.50% If redeemed after 3 months from the date of allotment: NIL.

    0.5%

  • Return Since Launch

    22.97%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 32.35%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Ekta Gala

Bench Mark

S&P 500 TOP 50 TRI (Total Return Index) (INR)

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 23 December 20249620.16-3.80%--0.07%330/331
1 Month29 November 202410304.223.04%--0.55%3/331
3 Month30 September 202412496.1924.96%--2.18%3/318
6 Month28 June 202412662.6326.63%-3.26%5/306
1 Year29 December 202315543.0155.43%55.43%15.94%3/286
3 Year30 December 202117620.8876.21%20.78%12.39%9/218
5 Year--0%-12.89%-/-
Since Inception22 September 202119679.0096.79%22.97%10.79%7/331

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year2 January 20241,20,000166265.0938.55% 38.55%
3 Year3 January 20223,60,000653329.8781.48% 21.98%
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

5.07%

Standard Deviation

0.59%

Beta

0.79%

Sharpe Ratio

0.54%

Treynor's Ratio

10.72%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
TREPS0.44%-2.84Reverse RepoDebt Others
Net CA & Others-0.39%--2.51Net CA & OthersDebt Others
Mirae Asset S&P 500 Top 50 ETF99.95%120515411643.07Indian Mutual FundsMutual Fund Units

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)
643.393.04%24.96%26.63%55.43%20.78%
Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir (G)
1694.3722.69%44.09%44.80%87.18%34.69%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)
643.393.04%24.96%26.63%55.43%20.78%
Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir (G)
82.171.48%3.86%35.20%34.89%2.65%
Tata Nifty India Digital ETF Fund of Fund-Dir (G)
97.912.18%2.43%16.26%32.28%-
Tata Nifty India Digital ETF Fund of Fund-Dir (IDCW)
97.912.18%2.43%16.26%32.28%-

News

  • Mirae Asset Mutual Fund announces change in Key Personnel

    Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025

    Details of Ms. Rimmi Jain,

    Age: 37 years

    Designation: Head ' Compliance,

    Qualification: Bachelor of Commerce, ACS and LLB

    Powered by Capital Market - Live News

  • Mirae Asset Small Cap Fund announces Extension of NFO period

    Mirae Asset Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

    Change in New Fund Offer period of 'Mirae Asset Small Cap Fund'

    Existing Dates Revised Dates
    NFO Start Date Thursday, January 09, 2025 Friday, January 10, 2025
    NFO Closure Date Thursday, January 23, 2025 Friday, January 24, 2025
    Scheme re-opens for continuous Sale and Repurchase on: Friday, January 31, 2025 Monday, February 03, 2025

    Powered by Capital Market - Live News

  • Mirae Asset Mutual Fund announces change in Exit Load Structure

    Mirae Asset Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 October 2024

    Change in Exit Load:

    Name of the Scheme Existing Load Structure Revised Load Structure
    ' Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund
    ' Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund
    ' Mirae Asset Nifty India Manufacturing ETF Fund of Fund
    ' Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
    		 ' if redeemed within 3 months from the date of allotment: 0.05%,
    ' if redeemed after 3 months from date of allotment: Nil     		' if redeemed or switched out within 15 days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 15 days from date of allotment: Nil
    ' Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund ' if redeemed or switched out within 5 calendar days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 5 days from date of allotment: Nil     		' if redeemed or switched out within 15 days from the date of allotment: 0.05%,
    ' if redeemed or switched out after 15 days from date of allotment: Nil

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

1 September 2021

Total AUM (Cr)

₹643.39

Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is an FoFs Domestic-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 1 September 2021, this fund is managed by Ekta Gala. With assets under management (AUM) worth ₹643.39 (Cr), as of 31 December 2024, Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is categorized as a FoFs Domestic within its segment. The fund has generated a return of 22.97% since its launch.
The current NAV of Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is ₹20.87, as on 31 December 2024. The fund's benchmark index is S&P 500 TOP 50 TRI (Total Return Index) (INR). You can invest in Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed within 3 months from the date of allotment: 0.50% If redeemed after 3 months from the date of allotment: NIL. The fund has generated 20.78% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 0.44% in Debt and 99.56% in cash and cash equivalents.

FAQs

How to Invest in Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) Direct Growth?

Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is a popular fund in the FoFs Domestic segment. The fund has generated a return of 22.97% since inception. Looking to invest in Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) today and reap the benefits of this FoFs Domestic fund!

How much returns has Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) has generated annualised return of 55.43%. In the long-term, the fund has generated 20.78% and - in 3 and 5 years respectively. Since its inception, the fund has generated 22.97% returns.

What is the expense ratio of Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) Direct Growth?

The expense ratio of Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) Direct Growth is 0.09%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is ₹643.39 (Cr) as of 2024-12-31 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) Direct Growth?

Redeeming or selling units of Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.