3 Year return
20.84%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹551.3 Cr.
Expense Ratio
0.09% (inclusive of GST)
Exit Load
If redeemed within 3 months from the date of allotment: 0.50% If redeemed after 3 months from the date of allotment: NIL.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Mirae Asset Mutual Fund Managers
EG
Ekta Gala
Fund Manager since Aug 2024
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Bharat 22 Fund (FoF) |
33.26% |
0 |
ICICI Prudential Thematic Advantage Fund (FoF) |
18.67% |
0 |
Kotak Multi Asset Allocator Fund of Fund Dynamic |
17.79% |
0 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth is a fund of funds scheme managed by Mirae Asset Mutual Fund. It is a passively managed fund that invests in the Mirae Asset S&P 500 Top 50 ETF. The ETF tracks the performance of the S&P 500 Top 50 Index, which is a basket of the 50 largest companies listed on the S&P 500 index. It is an open-ended fund, meaning that investors can buy and sell units of the fund in the secondary market at any time. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The investment objective of Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth is to track the performance of the S&P 500 Top 50 Index.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.09% |
Fund Manager | Ekta Gala |
Fund Size | ₹551.3 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
This fund is suitable for investors who are looking for long-term growth and have a moderate risk appetite. The fund's investment in the S&P 500 Top 50 Index makes it a relatively safe asset class, but it is also exposed to the risks of the US equity market. Therefore, consult your financial advisor before making an investment decision.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
What is the AUM of Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
What is the expense ratio of Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
What are the returns of Mirae Asset S&P 500 Top 50 ETF Fund of Fund since inception?
What is the minimum SIP amount to invest in Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
How do I invest in Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset S&P 500 Top 50 ETF Fund of Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.