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: 20-12-2024
NAV ₹19.78(R) -2.76% ₹20.05(D) -2.76%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 60.92% 22.43% -% -% -%
LumpSum (D) 61.57% 22.92% -% -% -%
SIP (R) -17.24% 24.38% -% -% -%
SIP (D) -16.86% 24.89% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.7 0.38 0.7 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
17.58% -23.06% -18.4% - 11.91%

No data available

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Regular Growth 19.78
-0.5600
-2.7600%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth 20.05
-0.5700
-2.7600%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the four return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    1. Top 25%: The Mirae Asset S&P 500 Top 50 ETF Fund of Fund has four return parameters in the top 25% in the category, as shown below:
      • 1M 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 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 Fund of Fund, 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 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 17.58 %.
      • 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 11.91 %.
  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 Fund of Fund, 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 Fund of Fund 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 Fund of Fund has a Sharpe Ratio of 0.7 compared to the category average of 0.57.
      • Sortino Ratio: Mirae Asset S&P 500 Top 50 ETF Fund of Fund has a Sortino Ratio of 0.38 compared to the category average of 0.33.
    3. Below Average 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 below average in the category.
      • Sterling Ratio: Mirae Asset S&P 500 Top 50 ETF Fund of Fund has a Sterling Ratio of 0.7 compared to the category average of 0.82.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 5.63
0.66
-5.96 | 19.78 5 | 78 Very Good
6M Return % 27.06
3.24
-6.70 | 38.20 3 | 67 Very Good
1Y Return % 60.92
18.72
6.55 | 82.26 2 | 73 Very Good
3Y Return % 22.43
13.41
0.73 | 35.69 3 | 58 Very Good
1Y SIP Return % -17.24
-33.84
-39.98 | 2.72 4 | 50 Very Good
3Y SIP Return % 24.38
11.80
0.80 | 46.90 3 | 39 Very Good
Standard Deviation 17.58
8.85
1.13 | 26.74 54 | 57 Poor
Semi Deviation 11.91
6.14
0.86 | 18.87 54 | 57 Poor
Max Drawdown % -18.40
-7.12
-37.21 | -0.27 54 | 57 Poor
VaR 1 Y % -23.06
-10.09
-35.92 | -0.04 54 | 57 Poor
Average Drawdown % -6.49
-3.26
-12.35 | -0.23 51 | 57 Poor
Sharpe Ratio 0.70
0.57
-0.88 | 1.84 30 | 57 Good
Sterling Ratio 0.70
0.82
0.16 | 2.19 35 | 57 Average
Sortino Ratio 0.38
0.33
-0.28 | 1.23 29 | 57 Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 5.66 0.70 -5.93 | 19.81 5 | 78
6M Return % 27.32 3.47 -6.47 | 38.47 3 | 67
1Y Return % 61.57 19.23 6.66 | 82.98 2 | 73
3Y Return % 22.92 13.96 1.20 | 35.70 4 | 58
1Y SIP Return % -16.86 -33.77 -40.27 | 3.19 4 | 52
3Y SIP Return % 24.89 12.31 0.94 | 47.44 3 | 41
Standard Deviation 17.58 8.85 1.13 | 26.74 54 | 57
Semi Deviation 11.91 6.14 0.86 | 18.87 54 | 57
Max Drawdown % -18.40 -7.12 -37.21 | -0.27 54 | 57
VaR 1 Y % -23.06 -10.09 -35.92 | -0.04 54 | 57
Average Drawdown % -6.49 -3.26 -12.35 | -0.23 51 | 57
Sharpe Ratio 0.70 0.57 -0.88 | 1.84 30 | 57
Sterling Ratio 0.70 0.82 0.16 | 2.19 35 | 57
Sortino Ratio 0.38 0.33 -0.28 | 1.23 29 | 57
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -2.76 ₹ 9,724.00 -2.76 ₹ 9,724.00
1W -4.05 ₹ 9,595.00 -4.05 ₹ 9,595.00
1M 5.63 ₹ 10,563.00 5.66 ₹ 10,566.00
3M ₹ ₹
6M 27.06 ₹ 12,706.00 27.32 ₹ 12,732.00
1Y 60.92 ₹ 16,092.00 61.57 ₹ 16,157.00
3Y 22.43 ₹ 18,351.00 22.92 ₹ 18,574.00
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 -17.24 ₹ 10,847.82 -16.86 ₹ 10,873.94
3Y ₹ 36000 24.38 ₹ 51,318.04 24.89 ₹ 51,675.66
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
20-12-2024 19.784 20.051
19-12-2024 20.346 20.621
18-12-2024 20.738 21.018
17-12-2024 20.576 20.853
16-12-2024 20.534 20.81
13-12-2024 20.62 20.897
12-12-2024 20.405 20.678
11-12-2024 20.405 20.678
10-12-2024 20.493 20.768
09-12-2024 20.183 20.453
06-12-2024 20.389 20.661
05-12-2024 20.209 20.478
04-12-2024 20.124 20.393
03-12-2024 19.899 20.164
02-12-2024 19.38 19.638
29-11-2024 18.848 19.098
27-11-2024 18.304 18.547
26-11-2024 17.761 17.996
25-11-2024 19.283 19.538
22-11-2024 18.91 19.159
21-11-2024 18.73 18.977

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.