Mirae Asset S&P 500 Top 50 Etf Overview
Category Other ETFs
BMSMONEY Rank 45
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹46.48(R) +0.88% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 35.93% 15.44% -% -% -%
LumpSum (D)
SIP (R) -20.53% 12.31% -% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.43 0.21 0.48 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.64% -23.0% -19.7% - 12.34%
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NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset S&P 500 Top 50 ETF 46.48
0.4000
0.8800%

Review Date: 19-11-2024

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 four return parameters in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    2. Above Average Below the Top 25%: One return parameter of the Mirae Asset S&P 500 Top 50 ETF is above average but below the top 25% in the category, as listed below:
      • 3Y Return %
    3. Below Average: Mirae Asset S&P 500 Top 50 ETF has no return parameters that are below average in the category.
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. 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 16.64 %.
      • 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 12.34 %.
  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 S&P 500 Top 50 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 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 0.43 compared to the category average of 0.36.
      • Sortino Ratio: Mirae Asset S&P 500 Top 50 ETF has a Sortino Ratio of 0.21 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 0.48 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 % 1.73
-4.13
-9.06 | 5.67 4 | 186 Very Good
3M Return % 6.05
-2.35
-14.26 | 25.71 16 | 186 Very Good
6M Return % 14.79
4.92
-10.18 | 26.60 14 | 178 Very Good
1Y Return % 35.93
15.71
-89.10 | 54.69 28 | 166 Very Good
3Y Return % 15.44
2.36
-50.39 | 43.66 28 | 100 Good
1Y SIP Return % -20.53
-6.01
-39.83 | 26.22 139 | 154 Poor
3Y SIP Return % 12.31
15.24
-11.92 | 46.84 62 | 90 Average
Standard Deviation 16.64
13.85
0.00 | 28.97 59 | 80 Average
Semi Deviation 12.34
9.61
0.00 | 18.80 65 | 80 Poor
Max Drawdown % -19.70
-12.90
-38.86 | 0.00 73 | 80 Poor
VaR 1 Y % -23.00
-16.92
-34.01 | 0.00 63 | 80 Poor
Average Drawdown % -5.66
-5.78
-19.01 | 0.00 43 | 80 Average
Sharpe Ratio 0.43
0.36
-0.74 | 1.89 29 | 77 Good
Sterling Ratio 0.48
0.59
-0.01 | 2.15 52 | 80 Average
Sortino Ratio 0.21
0.17
-1.00 | 1.16 30 | 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 16.64 13.85 0.00 | 28.97 59 | 80
Semi Deviation 12.34 9.61 0.00 | 18.80 65 | 80
Max Drawdown % -19.70 -12.90 -38.86 | 0.00 73 | 80
VaR 1 Y % -23.00 -16.92 -34.01 | 0.00 63 | 80
Average Drawdown % -5.66 -5.78 -19.01 | 0.00 43 | 80
Sharpe Ratio 0.43 0.36 -0.74 | 1.89 29 | 77
Sterling Ratio 0.48 0.59 -0.01 | 2.15 52 | 80
Sortino Ratio 0.21 0.17 -1.00 | 1.16 30 | 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 0.88 ₹ 10,088.00 ₹
1W -0.97 ₹ 9,903.00 ₹
1M 1.73 ₹ 10,173.00 ₹
3M 6.05 ₹ 10,605.00 ₹
6M 14.79 ₹ 11,479.00 ₹
1Y 35.93 ₹ 13,593.00 ₹
3Y 15.44 ₹ 15,384.00 ₹
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 -20.53 ₹ 10,614.98 ₹
3Y ₹ 36000 12.31 ₹ 43,287.26 ₹
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
19-11-2024 46.484 None
18-11-2024 46.0799 None
14-11-2024 46.7358 None
13-11-2024 46.9333 None
12-11-2024 46.9384 None
11-11-2024 46.9077 None
08-11-2024 47.0337 None
07-11-2024 46.9249 None
06-11-2024 46.316 None
05-11-2024 45.0896 None
04-11-2024 44.558 None
31-10-2024 44.4891 None
30-10-2024 45.6038 None
29-10-2024 45.7879 None
28-10-2024 45.5769 None
25-10-2024 45.4943 None
24-10-2024 45.3637 None
23-10-2024 45.1691 None
22-10-2024 45.7833 None
21-10-2024 45.6941 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.