Mirae Asset S&P 500 Top 50 Etf Fund Of Fund Overview
Category FoF Domestic
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 31-01-2025
NAV ₹20.3(R) -0.66% ₹20.59(D) -0.66%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 55.96% 25.13% -% -% -%
LumpSum (D) 56.59% 25.63% -% -% -%
SIP (R) -4.11% 32.05% -% -% -%
SIP (D) -3.71% 32.59% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.84 0.46 0.81 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
18.07% -23.06% -18.4% - 12.3%

No data available

NAV Date: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Regular Growth 20.3
-0.1300
-0.6600%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth 20.59
-0.1400
-0.6600%

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%: Four return parameters of the Mirae Asset S&P 500 Top 50 ETF Fund of Fund are in the top 25% in the category, as listed 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: Mirae Asset S&P 500 Top 50 ETF Fund of Fund has one return parameter that is below average in the category, which is listed below:
      • 1M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Two risk parameters of the fund are divided 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 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 S&P 500 Top 50 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 S&P 500 Top 50 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 18.07 %.
      • 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 12.3 %.
  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: Mirae Asset S&P 500 Top 50 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 S&P 500 Top 50 ETF Fund of Fund has a Sharpe Ratio of 0.84 compared to the category average of 0.48.
      • Sortino Ratio: Mirae Asset S&P 500 Top 50 ETF Fund of Fund has a Sortino Ratio of 0.46 compared to the category average of 0.28.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Mirae Asset S&P 500 Top 50 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 S&P 500 Top 50 ETF Fund of Fund has a Sterling Ratio of 0.81 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 % -1.37 -3.47
0.98
-12.99 | 8.25 36 | 58 Average
3M Return % 26.33 -4.74
-0.18
-14.70 | 37.15 2 | 58 Very Good
6M Return % 30.00 -7.92
4.08
-19.44 | 36.95 3 | 58 Very Good
1Y Return % 55.96 10.06
19.02
6.15 | 77.12 2 | 55 Very Good
3Y Return % 25.13 14.26
14.75
5.56 | 39.43 3 | 41 Very Good
1Y SIP Return % -4.11
1.08
-38.07 | 57.17 28 | 53 Good
3Y SIP Return % 32.05
16.31
2.17 | 54.64 3 | 39 Very Good
Standard Deviation 18.07
9.46
1.12 | 37.67 56 | 60 Poor
Semi Deviation 12.30
6.44
0.84 | 21.87 56 | 60 Poor
Max Drawdown % -18.40
-7.97
-43.29 | -0.27 56 | 60 Poor
VaR 1 Y % -23.06
-10.73
-45.05 | -0.04 56 | 60 Poor
Average Drawdown % -8.51
-3.84
-24.46 | -0.21 55 | 60 Poor
Sharpe Ratio 0.84
0.48
-0.88 | 1.56 15 | 60 Very Good
Sterling Ratio 0.81
0.76
0.01 | 1.59 25 | 60 Good
Sortino Ratio 0.46
0.28
-0.29 | 0.97 15 | 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 % -1.34 -3.47 1.01 -12.97 | 8.30 36 | 58
3M Return % 26.46 -4.74 -0.07 -14.62 | 37.28 2 | 58
6M Return % 30.26 -7.92 4.31 -19.25 | 37.22 3 | 58
1Y Return % 56.59 10.06 19.49 6.45 | 77.81 2 | 55
3Y Return % 25.63 14.26 15.27 5.70 | 39.93 3 | 41
1Y SIP Return % -3.71 1.49 -37.94 | 57.70 28 | 53
3Y SIP Return % 32.59 16.82 2.46 | 55.22 3 | 39
Standard Deviation 18.07 9.46 1.12 | 37.67 56 | 60
Semi Deviation 12.30 6.44 0.84 | 21.87 56 | 60
Max Drawdown % -18.40 -7.97 -43.29 | -0.27 56 | 60
VaR 1 Y % -23.06 -10.73 -45.05 | -0.04 56 | 60
Average Drawdown % -8.51 -3.84 -24.46 | -0.21 55 | 60
Sharpe Ratio 0.84 0.48 -0.88 | 1.56 15 | 60
Sterling Ratio 0.81 0.76 0.01 | 1.59 25 | 60
Sortino Ratio 0.46 0.28 -0.29 | 0.97 15 | 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 -0.66 ₹ 9,934.00 -0.66 ₹ 9,934.00
1W -3.73 ₹ 9,627.00 -3.72 ₹ 9,628.00
1M -1.37 ₹ 9,863.00 -1.34 ₹ 9,866.00
3M 26.33 ₹ 12,633.00 26.46 ₹ 12,646.00
6M 30.00 ₹ 13,000.00 30.26 ₹ 13,026.00
1Y 55.96 ₹ 15,596.00 56.59 ₹ 15,659.00
3Y 25.13 ₹ 19,590.00 25.63 ₹ 19,826.00
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 -4.11 ₹ 11,729.74 -3.71 ₹ 11,756.38
3Y ₹ 36000 32.05 ₹ 56,951.46 32.59 ₹ 57,360.38
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset S&P 500 Top 50 Etf Fund Of Fund NAV Regular Growth Mirae Asset S&P 500 Top 50 Etf Fund Of Fund NAV Direct Growth
31-01-2025 20.303 20.587
30-01-2025 20.438 20.723
29-01-2025 19.881 20.158
28-01-2025 20.302 20.585
27-01-2025 20.708 20.996
24-01-2025 21.089 21.382
23-01-2025 20.836 21.125
22-01-2025 21.513 21.811
21-01-2025 20.638 20.924
17-01-2025 20.273 20.553
16-01-2025 19.822 20.095
15-01-2025 20.248 20.527
14-01-2025 19.729 20.001
13-01-2025 20.233 20.512
10-01-2025 20.474 20.755
08-01-2025 20.732 21.017
07-01-2025 20.567 20.848
06-01-2025 20.285 20.562
03-01-2025 20.804 21.088
02-01-2025 20.3 20.577
31-12-2024 20.586 20.867

Fund Launch Date: 21/Sep/2021
Fund Category: FoF Domestic
Investment Objective: The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset S&P 500 Top 50 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 units of Mirae Asset S&P 500 Top 50 ETF
Fund Benchmark: S&P 500 TOP 50 Total Returns Index
Source: Fund FactSheet

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