Mirae Asset Nyse Fang + Etf Fund Of Fund Overview
Category FoF Domestic
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 31-01-2025
NAV ₹28.25(R) +1.26% ₹28.67(D) +1.26%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 77.12% 39.43% -% -% -%
LumpSum (D) 77.81% 39.93% -% -% -%
SIP (R) 10.24% 54.64% -% -% -%
SIP (D) 10.67% 55.22% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.87 0.49 0.76 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
29.06% -35.59% -34.33% - 19.97%

No data available

NAV Date: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset NYSE FANG + ETF Fund of Fund Regular Growth 28.25
0.3500
1.2600%
Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth 28.67
0.3600
1.2600%

Review Date: 31-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined five return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The Mirae Asset NYSE FANG + ETF Fund of Fund has four return parameters in the top 25% in the category, as shown below:
      • 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: One return parameter of the fund is below average in the category, which is listed below:
      • 1M Return %
  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 Fund of Fund, 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 Fund of Fund 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 Fund of Fund 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 Fund of Fund 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 29.06 %.
      • 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 19.97 %.
  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 Fund of Fund, we have evaluated three risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: Mirae Asset NYSE FANG + ETF Fund of Fund has two risk-adjusted performance parameters of the fund that are in the top 25% of the category.
      • Sharpe Ratio: Mirae Asset NYSE FANG + ETF Fund of Fund has a Sharpe Ratio of 0.87 compared to the category average of 0.48.
      • Sortino Ratio: Mirae Asset NYSE FANG + ETF Fund of Fund has a Sortino Ratio of 0.49 compared to the category average of 0.28.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Mirae Asset NYSE FANG + ETF Fund of Fund has one risk-adjusted performance parameter of the fund that is in the this group of the category.
      • Sterling Ratio: Mirae Asset NYSE FANG + ETF Fund of Fund has a Sterling Ratio of 0.76 compared to the category average of 0.76.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.11 -3.47
0.98
-12.99 | 8.25 34 | 58 Average
3M Return % 37.15 -4.74
-0.18
-14.70 | 37.15 1 | 58 Very Good
6M Return % 36.95 -7.92
4.08
-19.44 | 36.95 1 | 58 Very Good
1Y Return % 77.12 10.06
19.02
6.15 | 77.12 1 | 55 Very Good
3Y Return % 39.43 14.26
14.75
5.56 | 39.43 1 | 41 Very Good
1Y SIP Return % 10.24
1.08
-38.07 | 57.17 16 | 53 Good
3Y SIP Return % 54.64
16.31
2.17 | 54.64 1 | 39 Very Good
Standard Deviation 29.06
9.46
1.12 | 37.67 59 | 60 Poor
Semi Deviation 19.97
6.44
0.84 | 21.87 59 | 60 Poor
Max Drawdown % -34.33
-7.97
-43.29 | -0.27 59 | 60 Poor
VaR 1 Y % -35.59
-10.73
-45.05 | -0.04 59 | 60 Poor
Average Drawdown % -11.97
-3.84
-24.46 | -0.21 58 | 60 Poor
Sharpe Ratio 0.87
0.48
-0.88 | 1.56 14 | 60 Very Good
Sterling Ratio 0.76
0.76
0.01 | 1.59 29 | 60 Good
Sortino Ratio 0.49
0.28
-0.29 | 0.97 13 | 60 Very Good
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.08 -3.47 1.01 -12.97 | 8.30 34 | 58
3M Return % 37.28 -4.74 -0.07 -14.62 | 37.28 1 | 58
6M Return % 37.22 -7.92 4.31 -19.25 | 37.22 1 | 58
1Y Return % 77.81 10.06 19.49 6.45 | 77.81 1 | 55
3Y Return % 39.93 14.26 15.27 5.70 | 39.93 1 | 41
1Y SIP Return % 10.67 1.49 -37.94 | 57.70 16 | 53
3Y SIP Return % 55.22 16.82 2.46 | 55.22 1 | 39
Standard Deviation 29.06 9.46 1.12 | 37.67 59 | 60
Semi Deviation 19.97 6.44 0.84 | 21.87 59 | 60
Max Drawdown % -34.33 -7.97 -43.29 | -0.27 59 | 60
VaR 1 Y % -35.59 -10.73 -45.05 | -0.04 59 | 60
Average Drawdown % -11.97 -3.84 -24.46 | -0.21 58 | 60
Sharpe Ratio 0.87 0.48 -0.88 | 1.56 14 | 60
Sterling Ratio 0.76 0.76 0.01 | 1.59 29 | 60
Sortino Ratio 0.49 0.28 -0.29 | 0.97 13 | 60
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.26 ₹ 10,126.00 1.26 ₹ 10,126.00
1W -4.61 ₹ 9,539.00 -4.61 ₹ 9,539.00
1M -1.11 ₹ 9,889.00 -1.08 ₹ 9,892.00
3M 37.15 ₹ 13,715.00 37.28 ₹ 13,728.00
6M 36.95 ₹ 13,695.00 37.22 ₹ 13,722.00
1Y 77.12 ₹ 17,712.00 77.81 ₹ 17,781.00
3Y 39.43 ₹ 27,104.00 39.93 ₹ 27,401.00
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 10.24 ₹ 12,658.91 10.67 ₹ 12,686.51
3Y ₹ 36000 54.64 ₹ 75,792.78 55.22 ₹ 76,320.47
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Nyse Fang + Etf Fund Of Fund NAV Regular Growth Mirae Asset Nyse Fang + Etf Fund Of Fund NAV Direct Growth
31-01-2025 28.25 28.667
30-01-2025 27.899 28.31
29-01-2025 27.868 28.278
28-01-2025 26.945 27.342
27-01-2025 28.541 28.962
24-01-2025 29.616 30.051
23-01-2025 28.797 29.219
22-01-2025 29.874 30.312
21-01-2025 28.516 28.934
17-01-2025 28.356 28.77
16-01-2025 27.611 28.014
15-01-2025 27.676 28.08
14-01-2025 27.716 28.12
13-01-2025 27.465 27.865
10-01-2025 28.266 28.677
08-01-2025 28.772 29.19
07-01-2025 28.427 28.839
06-01-2025 28.035 28.442
03-01-2025 29.643 30.072
02-01-2025 27.898 28.301
31-12-2024 28.567 28.979

Fund Launch Date: 10/May/2021
Fund Category: FoF Domestic
Investment Objective: An open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF. There is no assurance that the investment objective of the Scheme will be realized.
Fund Description: An Open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF
Fund Benchmark: NYSE FANG+ Index Total Return Index
Source: Fund FactSheet

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