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Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 91/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)48.11%
- Expense ratio (20%)0.19%
- AUM (15%)₹103 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Equity · Thematic
₹12.05
AUM: ₹102 Cr
NAV updated 24 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.19%
Exit Load
Exit load of 0.05%, if redeemed within 15 days.
Fund Manager
Ekta Gala
Inception
Feb 2026
Benchmark
BSE India Defence Total Return Index
Sharpe Ratio
0.89
Std Dev (1Y)
23.6%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+2.94%
3m
+8.24%
6m
+20.61%
1y
+31.79%
3y
+48.11%
5y
+30.95%
10y
—
since inception
+32.32%
TopFund's Take on Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth
Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth ranks among the stronger performers in the Thematic category, backed by a 5-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 91/100.
Cost: At 0.19%, the expense ratio is meaningfully cheaper — about 81% below the Thematic category average of 0.99% (based on 873 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.89 — decent risk-adjusted performance, without being exceptional. Separately, with 23.6% annualised volatility, this is among the more turbulent funds in the Thematic space — expect sharp swings in both directions.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth
The current NAV (Net Asset Value) of Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth is ₹12.05. NAV is updated every business day after market close by AMFI.
1Y: 31.79% · 3Y CAGR: 48.11% · 5Y CAGR: 30.95%
The expense ratio of Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth is 0.19% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth is managed by Ekta Gala at Mirae Asset Mutual Fund.
Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth is ₹103 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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