The current market price of Mirae Asset NYSE FANG+ ETF is ₹166.17. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset NYSE FANG+ ETF, managed by Mirae Asset Investment Managers, aims to replicate the NYSE FANG+ Total Return Index, positioning itself as a passive investment vehicle for tech enthusiasts. This ETF employs a tracking strategy focused on the NYSE FANG+ Index, ensuring that it closely mirrors the performance of its benchmark while providing investors with exposure to leading technology companies. The portfolio is heavily concentrated in top holdings, with Crowdstrike Holdings Inc at 10.96%, followed by Nvidia Corporation and Apple Inc, indicating a strong bias towards high-growth tech stocks. Over the past year, the ETF has delivered a remarkable return of 18.5%, with a staggering 3-year CAGR of 58.7%, showcasing its robust performance amid a dynamic market environment. With an AUM of ₹3491.9 Cr and an expense ratio of 0.65%, this fund is efficiently managed, and its low tracking error of 0.04% suggests an effective replication of its benchmark.

Mirae Asset NYSE FANG+ ETF is designed to track NYSE FANG + Index (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset NYSE FANG+ ETF is 0.65%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Mirae Asset NYSE FANG+ ETF is approximately ₹3,491.94. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Mirae Asset NYSE FANG+ ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Mirae Asset NYSE FANG+ ETF is 0.04%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset NYSE FANG+ ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Mirae Asset NYSE FANG+ ETF has delivered the following returns: 1-year return: 23.69%. 3-year return: 254.08%. 5-year return: 236.04%. Past performance does not guarantee future results.

Before investing in Mirae Asset NYSE FANG+ ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.