Mirae Asset S&P 500 Top 50 ETF - Growth (₹ 39.09) - NAV, Reviews & asset allocation (2024)

Table of Contents
Mirae Asset S&P 500 Top 50 ETF - Growth Mirae Asset S&P 500 Top 50 ETF - Growth Returns Trailing Returns Rolling Returns Discrete Period SIP Returns Return Comparison Mirae Asset S&P 500 Top 50 ETF - Growth Fund Details Mirae Asset S&P 500 Top 50 ETF - Growth Investment Details Portfolio Allocation Asset Allocation Asset Allocation History Sector Allocation Market Cap Allocation Concentration & Valuation Analysis Top Stock Holdings Sector Holdings in MF Peer Comparison Cumulative Returns SIP returns Discrete Returns Quant Measures Asset Allocation Risk Ratios Ratios are calculated using the calendar month returns for the last 3 years Mirae Asset Mutual Fund News Fund Manager More Mirae Asset Mutual Fund Mutual Fund Tools SIP Calculator Mutual Funds Screener Mutual Funds Stats Top AMCs FAQs about Mirae Asset S&P 500 Top 50 ETF - Growth FAQs

Unrated

  • NAV as of Apr 09, 2024

    39.090.14%

  • (Earn upto 0.59% Extra Returns with Direct Plan)

  • Fund Category:

    Equity: International

  • Expense Ratio:
    0.65%

    (1.35% Category
    average)

  • Fund Size:
    Rs. 679.24 Cr

    (1.29% of Investment in Category)

  • ADD TO PORTFOLIO

Investment Growth

  • Type
    • SIP
    • Lumpsum

SIP

  • Amount
    • 100
    • 500
    • 1,000
    • 5,000
    • 10,000

5,000

  • Period
    • 3 Months
    • 6 Months
    • 1 Year
    • 3 Years
    • 5 Years

1 Year

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ADD TO PORTFOLIO

Mirae Asset S&P 500 Top 50 ETF - Growth

Unrated

  • Overview
  • Returns
  • Return Comparison
  • Portfolio
  • Peer Comparison
  • Risk Analysis
  • News
  • Fund Manager
  • Tools
  • About

Mirae Asset S&P 500 Top 50 ETF - Growth Fund Key Highlights
 1. Current NAV: The Current Net Asset Value of the Mirae Asset S&P 500 Top 50 ETF as of Apr 09, 2024 is Rs 39.09 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 37.04% (1yr) and 15.05% (since launch). Whereas, Category returns for the same time duration are: 20.74% (1yr), 4.36% (3yr) and 9.2% (5yr).
3. Fund Size: The Mirae Asset S&P 500 Top 50 ETF currently holds Assets under Management worth of Rs 663.21 crore as on Feb 29, 2024.
4. Expense ratio: The expense ratio of the fund is 0.65% for Regular plan as on Mar 31, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.

Mirae Asset S&P 500 Top 50 ETF - Growth Returns

  • Trailing Returns

  • Rolling Returns

  • Discrete Period

  • SIP Returns

  • 1M3M6M1Y3Y5Y
    Annualized Returns1.1911.0920.9735.84--
    Category Avg1.066.9313.8117.142.148.62
    Rank within Category31152119--
    No. of funds within Category383838372824

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Return Comparison

  • This Fund

  • BenchmarkS&P BSE Sensex

  • Choose from Benchmarks

    • Nifty 50
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y

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Mirae Asset S&P 500 Top 50 ETF - Growth Fund Details

Investment Objective - The scheme seeks 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.

Fund HouseMirae Asset Mutual Fund
Launch DateSep 20, 2021
BenchmarkS&P 500 Top 50 Total Return Index
Return Since Launch14.93%
RiskometerVery High
TypeOpen-ended
Risk Grade-
Return Grade-

Mirae Asset S&P 500 Top 50 ETF - Growth Investment Details

Minimum Investment (Rs.)5,000.00
Minimum Additional Investment (Rs.)-
Minimum SIP Investment (Rs.)-
Minimum Withdrawal (Rs.)-
Exit Load0%

Portfolio Allocation

Sector Allocation

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Market Cap Allocation

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Concentration & Valuation Analysis

MAR 2024FEB 2024JAN 2024DEC 2023NOV 2023OCT 2023
Number of Holdings535353535453
Top 5 Company Holdings42.02% 42.02% 40.7% 40.12% 40.48% 39.77%
Top 10 Company Holdings56.38% 55.93% 54.78% 54.83% 55.23% 54.6%
Company with Highest ExposureMicrosoft Corportion (US) (12.43%)Microsoft Corportion (US) (12.46%)Microsoft Corportion (US) (12.73%)Apple Inc. (USA) (12.49%)Microsoft Corportion (US) (12.84%)Microsoft Corportion (US) (12.53%)
Number of Sectors131313131313
Top 3 Sector Holdings53.76% 52.76% 51.05% 51.44% 52.56% 52.12%
Top 5 Sector Holdings77.43% 77.39% 75.12% 74.4% 74.86% 74.38%
Sector with Highest ExposureServices (23.98%)Services (23.77%)Services (21.5%)Services (21.33%)Services (21.71%)Services (22.03%)

  • Top Stock Holdings

  • Sector Holdings in MF

Peer Comparison

  • Cumulative Returns

  • SIP returns

  • Discrete Returns

  • Quant Measures

  • Asset Allocation

Risk Ratios

Ratios are calculated using the calendar month returns for the last 3 years

Risk Ratio data not available for this fund

Mirae Asset Mutual Fund News

  • Top 10 equity mutual funds that offered highest returns in March
  • These 8 equity mutual funds deliver over 20% gains in 2024 so far. Do you own any?
  • The Surge of Passive Investing in India: Assessing the Cost-Efficiency of Your ETF
  • These 10 equity mutual funds lost more than 4% in March

Fund Manager

More Mirae Asset Mutual Fund

Scheme NameRatingAsset Size(Cr)1M3M6M1Y3Y
Mirae Asset Large Cap Fund Regular- Growth37,676.430.342.7710.5426.3713.65
Mirae Asset Large & Midcap Fund Regular-Growth33,711.380.384.8516.2841.5118.26
Mirae Asset ELSS Tax Saver Fund Regular-Growth21,301.580.384.3415.7937.2017.37
Mirae Asset Midcap Fund Regular - Growth14,536.220.754.9316.6850.9523.65
Mirae Asset Liquid Fund - Growth12,302.590.681.873.667.245.41
Mirae Asset Focused Fund Regular - Growth8,651.77-0.150.676.9123.2411.46
Mirae Asset Aggressive Hybrid Fund Regular-Growth8,413.740.314.0711.8927.5613.78
Mirae Asset Great Consumer Fund Regular-Growth3,138.001.032.0014.0639.6621.03
Mirae Asset Multicap Fund Regular - Growth2,439.860.023.4916.61--
Mirae Asset Healthcare Fund Regular - Growth2,218.122.828.4320.4755.6718.46

Mutual Fund Tools

    Top AMCs

    About Mirae Asset S&P 500 Top 50 ETF - Growth
     1. Mirae Asset S&P 500 Top 50 ETF is Open-ended International Equity scheme which belongs to Mirae Asset Mutual Fund House.
    2. The fund was launched on Sep 20, 2021.

    Investment objective & Benchmark
     1. The investment objective of the fund is that " The scheme seeks 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. "
    2. It is benchmarked against S&P 500 Top 50 Total Return Index.

    Asset Allocation & Portfolio Composition
     1. The asset allocation of the fund comprises around 99.88% in equities, 0.0% in debts and 0.12% in cash & cash equivalents.
    2. The top holding of the fund is Microsoft Corportion (US) which constitute around 12.46% of the assets.

    Tax Implications on Mirae Asset S&P 500 Top 50 ETF - Growth
     1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
    2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
    3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
    4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.

    FAQs about Mirae Asset S&P 500 Top 50 ETF - Growth

    • Is it safe to invest in Mirae Asset S&P 500 Top 50 ETF?

      As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset S&P 500 Top 50 ETF comes under Very High risk category.

    • What is the category of Mirae Asset S&P 500 Top 50 ETF?

      Mirae Asset S&P 500 Top 50 ETF belongs to the Equity : International category of funds.

    • How Long should I Invest in Mirae Asset S&P 500 Top 50 ETF?

      The suggested investment horizon of investing into Mirae Asset S&P 500 Top 50 ETF is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.

    • Who manages the Mirae Asset S&P 500 Top 50 ETF?

      The Mirae Asset S&P 500 Top 50 ETF is managed by Siddharth Srivastava (Since Sep 01, 2021).

    Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.

    Mirae Asset S&P 500 Top 50 ETF - Growth (₹ 39.09) - NAV, Reviews & asset allocation (2024)

    FAQs

    What is the NAV of Mirae S&P 500? ›

    The NAV of Mirae Asset S&P 500 Top 50 ETF FoF Direct Growth is ₹14.40 as of 02 Apr 2024.

    Learn More ›
    What is the difference between the S&P 500 and the S&P 500 Top 50? ›

    The main difference between these funds is that the S&P 500 contains 500 stocks, while the S&P 50 only consists of 50 stocks. The S&P 50 holds the top 50 companies within the S&P 500 based on market cap. Fewer holdings allow the S&P 50 to concentrate more heavily on its investments.

    Know More ›
    What is the difference between mutual fund NAV and ETF NAV? ›

    When you buy or sell ETF shares, the price may be less than the net asset value (or, NAV) of the ETF. This discrepancy (aka: the "bid/ask spread") is often nominal, but for less actively traded ETFs, that might not always be the case. By contrast, mutual funds always trade at NAV, without any bid/ask spreads.

    Discover More ›
    What is the rating of Mirae asset securities S&P? ›

    HONG KONG (S&P Global Ratings) March 8, 2024--S&P Global Ratings today revised its rating outlook on Mirae Asset Securities to negative from stable. At the same time, we affirmed our 'BBB' long-term and 'A-2' short-term issuer credit ratings on the Korea-based company.

    Know More ›
    Where should I invest my money to get highest return in India? ›

    A Public Provident Fund is a government-backed investment option that can be used for a safe investment with high returns in India. It provides you with a risk-free return, which also makes it one of the best investment options.

    See Details ›
    Is there anything better than the S&P 500? ›

    S&P 500 Index Versus Nasdaq 100 Performance

    Nasdaq 100 has outperformed S&P by a wide margin. The average 10-year return of Nasdaq 100 over these 15 years was around 9%, while that of S&P 500 was about 5%.

    Read More ›
    What is the ETF S&P 500 average return? ›

    In the last 30 Years, the SPDR S&P 500 (SPY) ETF obtained a 10.54% compound annual return, with a 15.10% standard deviation. Discover new asset allocations in USD and EUR, in addition to the lazy portfolios on the website.

    Learn More ›
    What is the annualized return of the S&P 500 ETF? ›

    S&P 500 Annual Total Return is at 26.29%, compared to -18.11% last year. This is higher than the long term average of 9.95%.

    Read On ›
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