The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset NYSE FANG+ ETF.
Exit Load0.50%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Akshay Udeshi
Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset NYSE FANG+ ETF FoF is ₹42.96 as of 2026-08-27.
Mirae Asset NYSE FANG+ ETF FoF is classified as a International fund.
The Assets Under Management (AUM) of Mirae Asset NYSE FANG+ ETF FoF is ₹2,404.86 Cr.
The expense ratio of Mirae Asset NYSE FANG+ ETF FoF is 0.41%.
Mirae Asset NYSE FANG+ ETF FoF is managed by Akshay Udeshi.
The minimum SIP investment for Mirae Asset NYSE FANG+ ETF FoF is ₹99.
The exit load for Mirae Asset NYSE FANG+ ETF FoF is 0.5%.
As per the SEBI Riskometer, Mirae Asset NYSE FANG+ ETF FoF carries a Very High risk level.
Mirae Asset NYSE FANG+ ETF FoF has delivered 30.92% (1Y), 48.73% (3Y) and 30.63% (5Y) annualised returns as of 2026-08-27.
Mirae Asset NYSE FANG+ ETF FoF was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
