The Mirae Asset NYSE FANG+ ETF, managed by Mirae Asset Investment Managers, aims to replicate the NYSE FANG + Total Return Index, offering passive exposure to high-growth tech stocks.

This ETF employs a replication strategy to closely track the NYSE FANG + Index (TRI), focusing on a concentrated portfolio of leading technology companies.

Top holdings include Crowdstrike Holdings (10.96%), Nvidia Corporation (10.91%), and Apple Inc. (10.61%), indicating significant concentration risk in a few key stocks within the tech sector.

The fund has delivered impressive performance with a 1Y return of +49.0% and a 3Y CAGR of +62.2%, reflecting strong alignment with its benchmark's growth trajectory.

With an AUM of ₹3491.9 Cr and a low expense ratio of 0.65%, the fund offers efficient access to high-growth international equities, managed by Mr. Siddharth Srivastava since May 2021.