Mirae Asset Nyse Fang + Etf Fund Of Fund Overview
Category FoF Domestic
BMSMONEY Rank N/A
Rating N/A
Growth Option 07-03-2025
NAV ₹25.98(R) -2.22% ₹26.37(D) -2.22%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 45.44% 38.41% -% -% -%
Direct 46.01% 38.91% -% -% -%
Benchmark
SIP (XIRR) Regular 18.91% 52.19% -% -% -%
Direct 19.38% 52.76% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.07 0.61 1.0 30.99% 0.54
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
27.76% -24.43% -28.42% 0.55 18.8%

No data available

NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset NYSE FANG + ETF Fund of Fund Regular Growth 25.98
-0.5900
-2.2200%
Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth 26.37
-0.6000
-2.2200%

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated five return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
    1. Top 25%: Three return parameters of the Mirae Asset NYSE FANG + ETF Fund of Fund are in the top 25% in the category, as shown below:
      • 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: Two return parameters of the fund are below average in the category, which are listed below:
      • 3M Return %
      • 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 27.76 %.
      • 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 18.8 %.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: Mirae Asset NYSE FANG + ETF Fund of Fund has four 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 1.07 compared to the category average of 0.47.
      • Sterling Ratio: Mirae Asset NYSE FANG + ETF Fund of Fund has a Sterling Ratio of 1.0 compared to the category average of 0.68.
      • Sortino Ratio: Mirae Asset NYSE FANG + ETF Fund of Fund has a Sortino Ratio of 0.61 compared to the category average of 0.26.
      • Treynor Ratio: Mirae Asset NYSE FANG + ETF Fund of Fund has a Treynor Ratio of 0.54 compared to the category average of -0.04.
    2. Above Average Below Top 25% 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.
    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.


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.


Date Mirae Asset Nyse Fang + Etf Fund Of Fund NAV Regular Growth Mirae Asset Nyse Fang + Etf Fund Of Fund NAV Direct Growth
07-03-2025 25.979 26.373
06-03-2025 26.57 26.972
05-03-2025 26.528 26.929
04-03-2025 26.332 26.73
03-03-2025 27.353 27.766
28-02-2025 26.495 26.894
27-02-2025 27.948 28.369
25-02-2025 28.445 28.873
24-02-2025 29.615 30.06
21-02-2025 30.019 30.469
20-02-2025 30.065 30.515
19-02-2025 31.434 31.905
18-02-2025 30.234 30.686
14-02-2025 29.69 30.133
13-02-2025 29.726 30.17
12-02-2025 30.016 30.463
11-02-2025 29.528 29.968
10-02-2025 29.963 30.408
07-02-2025 29.645 30.085

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.