Mirae Asset NYSE FANG + ETF Fund of Fund Direct Growth NAV today
AMFI: 148928ISIN: INF769K01HH0MUTF_IN: MIRA_ASSE_NYSE_MHAG2EMirae Asset Mutual FundFund of Funds
NAV ₹50.3140down ₹1.78 (3.41%)
NAV for 29 Oct 2026, against 28 Oct 2026. Declared once a day.
Other plans: Regular Growth ₹49.2560, −3.41%
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹3,085 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.04%28 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- 0.50%if sold within 3 months
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 10 May 2021
Mirae Asset NYSE FANG + ETF Fund of Fund returns
Direct Growth plan
Over each window to 29 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary |
|---|---|---|---|
| 1 week | −8.69% | −8.69% | – |
| 1 month | −0.49% | −0.52% | – |
| 3 months | +23.84% | +23.72% | – |
| 6 months | +30.23% | +29.99% | – |
| 1 year | +35.65% | +35.14% | +28.29%to 30 Sep 2026 |
| 3 years | +58.47% | +57.86% | +44.54%to 30 Sep 2026 |
| 5 years | +32.75% | +32.25% | +29.00%to 30 Sep 2026 |
| 10 years | Needs 10 years | – | – |
₹10,000 put in on 11 May 2021 is ₹50,084 at the NAV of 29 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Benchmark: NYSE FANG+ TRI, over the same days as the fund, or to the month end its cell names.
At the month end, 30 Sep 2026
| Over | Fund | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. Benchmark return in the glossary |
|---|---|---|
| 1 year | +42.29% | +28.29% |
| 3 years | +57.43% | +44.54% |
| 5 years | +35.43% | +29.00% |
| Since launch | +35.32% | +29.19% |
Benchmark: NYSE FANG+ TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Loss
Highest year to Dec 2023, +93.2%; lowest year to Dec 2022, −32.9%
Mirae Asset NYSE FANG + ETF Fund of Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 29 Oct 2026SIP calculator
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. Amount invested in the glossary | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. Value today in the glossary | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. SIP return (XIRR) in the glossary | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. SIP return after stamp duty in the glossary | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. Stamp duty paid in the glossary |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,57,324₹1,57,316 after stamp duty | +63.20% | +63.18% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹7,14,975₹7,14,939 after stamp duty | +50.29% | +50.28% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹19,04,197₹19,04,102 after stamp duty | +48.26% | +48.26% | ₹30 | |
| Since May 202165 instalments | ₹6,50,000 | ₹21,29,189₹21,29,083 after stamp duty | +45.14% | +45.14% | ₹33 |
10 years: Launched 10 May 2021, needs 10 years of history.
A SIP that rises every year: Step-up SIP calculator
Rolling returns
Per cent a year, every window from 11 May 2021 to 29 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The lowest yearly return of any window of this length in the fund's history, one window starting on each day it priced. Lowest rolling return in the glossaryAverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history. Average rolling return in the glossaryHighestHighest rolling return. The highest yearly return of any window of this length in the fund's history. Highest rolling return in the glossaryEnded higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started. Windows that ended higher in the glossary
1 year1,065 windows−41.5%+38.8%+102.7%79.9%
3 years589 windows+18.3%+44.2%+71.7%100.0%
5 yearsLaunched 10 May 2021, needs 6 years of history
Every 3-year window ended higher than it started.
Mirae Asset NYSE FANG + ETF Fund of Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.37 ptsA year, on 28 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.04%Over the last 30 days filed
- Regular, 30-day average
- 0.41%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.33%, Jul 2021.Direct plan lowest 0.03%, Aug 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.03% | 0.35% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.01% | 0.06% |
Per cent of assets a year, filed for 28 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
If redeemed within 3 months from the date of allotment: 0.50%,If redeemed after 3 months from the date of allotment: NIL.
Buying and selling
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1
- SIP
- Not accepted
- SIP minimum
- ₹500
- SIP instalments, at least
- 5
- SIP dates
- Except 29,30 and 31 all dates
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
As listed for this plan on 30 Oct 2026.
Mirae Asset NYSE FANG + ETF Fund of Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹2,707 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 48.1%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice. Average assets, excluding the house's funds of funds in the glossary
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2021.
Assets at each month end
The latest month end is the highest since Mar 2025.Lowest ₹1,733 Cr, Apr 2025.
Mirae Asset NYSE FANG + ETF Fund of Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | |||
|---|---|---|---|---|
| Mirae Asset NYSE FANG + ETF | 99.98% | 3,084.51 | 12,80,99,496 | May 2021or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| TREPS | 0.14% | 4.22 |
| Net Receivables / (Payables) | −0.11% | −3.45 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Units of other funds99.98%
- Cash and receivables0.03%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 1
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 0.02%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| Mirae Asset NYSE FANG + ETF | Trimmed | 99.98% | 100.00% | −0.02 pts | −8,36,605 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset NYSE FANG + ETF | 100.00%Cut | 100.10%Cut | 99.96%Cut | 100.02%Cut | 99.96%Cut | 100.02%Cut | 99.98%Cut | 100.04%Cut | 100.00%Cut | 99.98%Cut | 100.00%Cut | 99.98%Cut |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it. Portfolio turnover in the glossary
Highest 0.0% in Jun 2025
Risk ratios
NAV to 29 Oct 2026
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves. Standard deviation in the glossary25.26%
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure. Downside deviation in the glossary8.82%
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV. Sharpe ratio in the glossary1.72
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down. Sortino ratio in the glossary4.51
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| 1 year | −20.48% | 12 Oct 2026 | 29 Oct 2026 | Not yet |
| 3 years | −30.31% | 19 Feb 2025 | 8 Apr 2025 | 7 Jul 2025 |
| 5 years and since May 2021 | −43.72% | 8 Nov 2021 | 10 Nov 2022 | 7 Jun 2023 |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Feb 2025 to Aug 202619 months | Very High | Very HighNYSE FANG+ TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Mirae Asset NYSE FANG + ETF Fund of Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Siddharth SrivastavaPrimary | Oct 2026 | – | – | – | – | – | 10 | ₹11,612 Cr₹7,423 Cr alone |
| Akshay UdeshiPrimary | Mar 2025 | +60.28%a year | – | – | 0.0% | 0.0% | 19 | ₹7,142 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Managers before
| Manager | |||||
|---|---|---|---|---|---|
| Ekta GalaPrimary | May 2021 | Oct 2026 | +40.39%a year | – | – |
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| Mirae Asset NYSE FANG + ETFSiddharth Srivastava | May 2021 | – | – | – | ₹4,448 Cr |
| Mirae Asset S&P 500 Top 50 ETFSiddharth Srivastava | Sep 2021 | – | – | – | ₹1,154 Cr |
| Mirae Asset S&P 500 Top 50 ETF Fund of FundSiddharth Srivastava | Oct 2026 | – | – | – | ₹1,031 Cr |
| Mirae Asset Diversified Equity Allocator Passive FOFSiddharth Srivastava | Jan 2025 | −1.25%a year | −0.86% | −0.39 pts | ₹905 Cr |
| Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of FundSiddharth Srivastava | Sep 2022 | +35.20%a year | – | – | ₹486 Cr |
| Mirae Asset Hang Seng TECH ETFSiddharth Srivastava | Dec 2021 | – | – | – | ₹339 Cr |
| Mirae Asset S&P 500 Top 50 ETF Fund of FundAkshay Udeshi | Mar 2025 | +58.19%a year | – | – | ₹1,031 Cr |
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFAkshay Udeshi | – | – | – | ₹932 Cr | |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETFAkshay Udeshi | Mar 2025 | – | +10.01% | – | ₹464 Cr |
| Mirae Asset Nifty 200 Alpha 30 ETFAkshay Udeshi | Mar 2025 | – | +9.60% | – | ₹388 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Changes to the fund
Newest first. A change of managers is dated by the week the fund's list first showed it.
2026
- 20 OctManagersManagers added: Siddharth Srivastava. No longer listed as a manager: Ekta Gala
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
An open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF. There is no assurance that the investment objective of the Scheme will be realized.
Asset allocation
- Units of Mirae Asset NYSE FANG+ ETF - 95% to 100% (High)
- Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds - 0% to 5% (Low to Medium)
Type of scheme
Fund of Fund - An Open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF
- Stated category
- FOF
- Benchmark
- NYSE FANG+ Index (TRI) (INR)
- Risk level at launch
- Very High
- New fund offer
- 19 Apr 2021 to 3 May 2021
- Units first allotted
- 10 May 2021
- Open for sale again
- 11 May 2021
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 148928 | INF769K01HH0 | MIRA_ASSE_NYSE_MHAG2E | 11 May 2021 |
| Regular Growth | 148929 | INF769K01HG2 | MIRA_ASSE_NYSE_10MU66T | 11 May 2021 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- October 2026 - Active Fund FactsheetMirae Asset Mutual Fund, Sep 2026
Statement of additional information
- SAI Mirae Asset Mutual FundMirae Asset Mutual Fund, Oct 2026
Annual report
- Mirae Asset Mutual Fund – Annual Report 2025-2026Mirae Asset Mutual Fund, Mar 2026
- Mirae Asset Mutual Fund – Abridged Annual Report 2025-2026Mirae Asset Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Riskometer for the FY 2025-26Mirae Asset Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Report for the month of September 2026Mirae Asset Mutual Fund, Sep 2026