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Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth

Mirae Asset · Fund of Funds
Moderate
₹45.40
Current NAV
03 Nov 2026
21.3%
1Y Return
50.9%
3Y CAGR
29.6%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Strong historical returns, outperforming category average in 3-year CAGR.
  • Highly cost-efficient with a low expense ratio of 0.28%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.28).
  • Generates significant excess returns relative to benchmark index (Alpha: 3.28).
  • Very large asset base (AUM: ₹15,330 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Moderate Risk
Low Moderate High Very High
Risk Metrics
1.28
Sharpe Ratio
1.48
Beta
3.28
Alpha
1.64
Sortino
Fund Details
Fund House Mirae Asset
Category Fund of Funds
AUM ₹15330 Cr
Expense Ratio 0.28%
Min SIP ₹500
Min Lumpsum ₹1000
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