Mirae Asset Nyse Fang+ Etf Overview
Category Other ETFs
BMSMONEY Rank 36
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹103.68(R) +1.84% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 50.68% 21.06% -% -% -%
LumpSum (D)
SIP (R) -10.55% 29.74% -% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.38 0.24 0.36 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
27.15% -27.51% -38.86% - 18.41%
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NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset NYSE FANG + ETF 103.68
1.8800
1.8400%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed five return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The Mirae Asset NYSE FANG+ ETF has five return parameters in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
      • 3Y Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Mirae Asset NYSE FANG+ ETF has no return parameters that are below average in the category.
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed two risk parameters of Mirae Asset NYSE FANG+ ETF, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Mirae Asset NYSE FANG+ ETF does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset NYSE FANG+ ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset NYSE FANG+ ETF has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 27.15 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 18.41 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Mirae Asset NYSE FANG+ ETF, we have evaluated three risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Mirae Asset NYSE FANG+ ETF has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Mirae Asset NYSE FANG+ ETF has a Sharpe Ratio of 0.38 compared to the category average of 0.36.
      • Sortino Ratio: Mirae Asset NYSE FANG+ ETF has a Sortino Ratio of 0.24 compared to the category average of 0.17.
    3. Below Average Risk Adjusted Performance Parameters: Mirae Asset NYSE FANG+ ETF has one risk-adjusted performance parameter of the fund that is below average in the category.
      • Sterling Ratio: Mirae Asset NYSE FANG+ ETF has a Sterling Ratio of 0.36 compared to the category average of 0.59.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.68
-4.13
-9.06 | 5.67 2 | 186 Very Good
3M Return % 9.27
-2.35
-14.26 | 25.71 4 | 186 Very Good
6M Return % 19.01
4.92
-10.18 | 26.60 10 | 178 Very Good
1Y Return % 50.68
15.71
-89.10 | 54.69 2 | 166 Very Good
3Y Return % 21.06
2.36
-50.39 | 43.66 6 | 100 Very Good
1Y SIP Return % -10.55
-6.01
-39.83 | 26.22 118 | 154 Poor
3Y SIP Return % 29.74
15.24
-11.92 | 46.84 5 | 90 Very Good
Standard Deviation 27.15
13.85
0.00 | 28.97 78 | 80 Poor
Semi Deviation 18.41
9.61
0.00 | 18.80 78 | 80 Poor
Max Drawdown % -38.86
-12.90
-38.86 | 0.00 80 | 80 Poor
VaR 1 Y % -27.51
-16.92
-34.01 | 0.00 72 | 80 Poor
Average Drawdown % -12.34
-5.78
-19.01 | 0.00 79 | 80 Poor
Sharpe Ratio 0.38
0.36
-0.74 | 1.89 31 | 77 Good
Sterling Ratio 0.36
0.59
-0.01 | 2.15 67 | 80 Poor
Sortino Ratio 0.24
0.17
-1.00 | 1.16 27 | 80 Good
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 27.15 13.85 0.00 | 28.97 78 | 80
Semi Deviation 18.41 9.61 0.00 | 18.80 78 | 80
Max Drawdown % -38.86 -12.90 -38.86 | 0.00 80 | 80
VaR 1 Y % -27.51 -16.92 -34.01 | 0.00 72 | 80
Average Drawdown % -12.34 -5.78 -19.01 | 0.00 79 | 80
Sharpe Ratio 0.38 0.36 -0.74 | 1.89 31 | 77
Sterling Ratio 0.36 0.59 -0.01 | 2.15 67 | 80
Sortino Ratio 0.24 0.17 -1.00 | 1.16 27 | 80
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.84 ₹ 10,184.00 ₹
1W -0.70 ₹ 9,930.00 ₹
1M 4.68 ₹ 10,468.00 ₹
3M 9.27 ₹ 10,927.00 ₹
6M 19.01 ₹ 11,901.00 ₹
1Y 50.68 ₹ 15,068.00 ₹
3Y 21.06 ₹ 17,742.00 ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -10.55 ₹ 11,300.42 ₹
3Y ₹ 36000 29.74 ₹ 55,190.88 ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Nyse Fang+ Etf NAV Regular Growth Mirae Asset Nyse Fang+ Etf NAV Direct Growth
19-11-2024 103.6772 None
18-11-2024 101.8013 None
14-11-2024 104.0338 None
13-11-2024 104.4708 None
12-11-2024 104.4125 None
11-11-2024 103.6421 None
08-11-2024 103.511 None
07-11-2024 104.0655 None
06-11-2024 101.5846 None
05-11-2024 98.8819 None
04-11-2024 97.1395 None
31-10-2024 96.5286 None
30-10-2024 99.5914 None
29-10-2024 99.9075 None
28-10-2024 98.2229 None
25-10-2024 98.2316 None
24-10-2024 97.8169 None
23-10-2024 96.9829 None
22-10-2024 99.2186 None
21-10-2024 99.0431 None

Fund Launch Date: 06/May/2021
Fund Category: Other ETFs
Investment Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the NYSE FANG+ Total Return Index, subject to tracking error and forex movement. The Scheme does not guarantee or assure any returns.
Fund Description: An open-ended scheme replicating/tracking NYSE FANG+ Total Return Index
Fund Benchmark: NYSE FANG+ Index Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.