Mirae Asset S&P 500 Top 50 Etf Overview
Category Other ETFs
BMSMONEY Rank 26
BMSMONEY Rating
Gro. Opt. As On: 31-01-2025
NAV ₹49.29(R) -0.29% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 36.4% 18.93% -% -% -%
LumpSum (D)
SIP (R) -22.48% 22.03% -% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.48 0.24 0.51 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
17.24% -23.0% -20.74% - 12.9%
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NAV Date: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset S&P 500 Top 50 ETF 49.29
-0.1400
-0.2900%

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 S&P 500 Top 50 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 S&P 500 Top 50 ETF has no return parameters that are below average in the category.
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Mirae Asset S&P 500 Top 50 ETF, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Mirae Asset S&P 500 Top 50 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 S&P 500 Top 50 ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset S&P 500 Top 50 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 17.24 %.
      • 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 12.9 %.
  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 three risk-adjusted performance parameters of the fund.
    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 S&P 500 Top 50 ETF has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Mirae Asset S&P 500 Top 50 ETF has a Sharpe Ratio of 0.48 compared to the category average of -1.34.
      • Sortino Ratio: Mirae Asset S&P 500 Top 50 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 S&P 500 Top 50 ETF has one risk-adjusted performance parameter of the fund that is below average in the category.
      • Sterling Ratio: Mirae Asset S&P 500 Top 50 ETF has a Sterling Ratio of 0.51 compared to the category average of 0.58.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.86
-1.76
-12.90 | 8.31 15 | 183 Very Good
3M Return % 10.79
-2.89
-14.77 | 19.95 4 | 183 Very Good
6M Return % 15.33
-4.14
-20.18 | 25.22 3 | 183 Very Good
1Y Return % 36.40
4.41
-89.61 | 55.95 2 | 169 Very Good
3Y Return % 18.93
5.66
-49.40 | 38.17 17 | 108 Very Good
1Y SIP Return % -22.48
-0.79
-32.59 | 24.18 159 | 163 Poor
3Y SIP Return % 22.03
15.22
-8.04 | 43.33 15 | 97 Very Good
Standard Deviation 17.24
14.04
0.00 | 40.57 69 | 88 Poor
Semi Deviation 12.90
9.64
0.00 | 24.49 69 | 88 Poor
Max Drawdown % -20.74
-13.04
-43.82 | 0.00 77 | 88 Poor
VaR 1 Y % -23.00
-16.69
-55.55 | 0.00 67 | 88 Poor
Average Drawdown % -6.17
-6.73
-43.82 | 0.00 47 | 88 Average
Sharpe Ratio 0.48
-1.34
-144.34 | 1.65 29 | 86 Good
Sterling Ratio 0.51
0.58
-0.05 | 1.62 58 | 88 Average
Sortino Ratio 0.24
0.17
-1.00 | 1.00 30 | 88 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
Standard Deviation 17.24 14.04 0.00 | 40.57 69 | 88
Semi Deviation 12.90 9.64 0.00 | 24.49 69 | 88
Max Drawdown % -20.74 -13.04 -43.82 | 0.00 77 | 88
VaR 1 Y % -23.00 -16.69 -55.55 | 0.00 67 | 88
Average Drawdown % -6.17 -6.73 -43.82 | 0.00 47 | 88
Sharpe Ratio 0.48 -1.34 -144.34 | 1.65 29 | 86
Sterling Ratio 0.51 0.58 -0.05 | 1.62 58 | 88
Sortino Ratio 0.24 0.17 -1.00 | 1.00 30 | 88
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 -0.29 ₹ 9,971.00 ₹
1W -0.92 ₹ 9,908.00 ₹
1M 2.86 ₹ 10,286.00 ₹
3M 10.79 ₹ 11,079.00 ₹
6M 15.33 ₹ 11,533.00 ₹
1Y 36.40 ₹ 13,640.00 ₹
3Y 18.93 ₹ 16,822.00 ₹
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 -22.48 ₹ 10,475.34 ₹
3Y ₹ 36000 22.03 ₹ 49,708.80 ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset S&P 500 Top 50 Etf NAV Regular Growth Mirae Asset S&P 500 Top 50 Etf NAV Direct Growth
31-01-2025 49.2873 None
30-01-2025 49.4289 None
29-01-2025 49.3507 None
28-01-2025 49.6392 None
27-01-2025 48.718 None
24-01-2025 49.7451 None
23-01-2025 50.0022 None
22-01-2025 49.8146 None
21-01-2025 49.2112 None
17-01-2025 48.9559 None
16-01-2025 48.2846 None
15-01-2025 48.7725 None
14-01-2025 47.7288 None
13-01-2025 47.8539 None
10-01-2025 47.6206 None
08-01-2025 48.337 None
07-01-2025 48.2568 None
06-01-2025 49.0778 None
03-01-2025 48.5534 None
02-01-2025 47.8913 None
31-12-2024 47.9173 None

Fund Launch Date: 20/Sep/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 S&P 500 Top 50 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 S&P 500 Top 50 Total Return Index
Fund Benchmark: S&P 500 TOP 50 Total Returns Index
Source: Fund FactSheet

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