Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹41.4627 0.39%
As on 12-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF
|
|
Very High
|
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0.65 |
||
|
|
Very High
|
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0.58 |
|||
|
|
Very High
|
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0.66 |
|||
|
|
Very High
|
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0.93 |
|||
|
|
Very High
|
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0.58 |
₹737 Cr
--
5,000
--
--
--
Investment Strategy
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.
Suitability
"This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Capital Gains Taxation
Dividend Taxation
Mirae Asset S&P 500 Top 50 ETF invests mainly in the shares of foreign companies listed outside India. Being passively managed, it replicates the portfolio of its chosen benchmark index.
Mutual funds can be bought directly from the website of the fund house. For instance, Mirae Asset S&P 500 Top 50 ETF fund can be purchased from the website of Mirae Asset Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Mirae Asset S&P 500 Top 50 ETF is ₹41.4627 as of 14-Aug-2024.
The AUM of Mirae Asset S&P 500 Top 50 ETF Fund is ₹737 Cr as of 31-Jul-2024
The riskometer level of Mirae Asset S&P 500 Top 50 ETF is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
11.73
|
|
|
11.40
|
|
|
10.55
|
|
|
6.28
|
|
|
3.81
|
As of 31-Jul-2024, Mirae Asset S&P 500 Top 50 ETF had invested 99.94% in Equity and 0.06% in Cash & Cash Eq. See More
Mirae Asset S&P 500 Top 50 ETF is 2 years 10 months old. It has delivered 15.38% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
27.89%
|
--
|
--
|
--
|
--
|
15.38%
|
No, There is no lock in period in Mirae Asset S&P 500 Top 50 ETF.
The expense ratio of Mirae Asset S&P 500 Top 50 ETF is 0.65.
Mutual Funds 
Mirae Asset Mirae Asset S&P 500 Top 50 ETF
