Mirae Asset S&P 500 Top 50 ETF
EquityGlobal - OtherVery High Risk
Direct
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹737 Cr
Expense Ratio
0.65%
ISIN
INF769K01HP3
Minimum SIP
-
Exit Load
-
Inception Date
21 Sep 2021
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹42.52, Assets Under Management (AUM) of 737.08 Crores, and an expense ratio of 0.65%.
- Mirae Asset S&P 500 Top 50 ETF has given a CAGR return of 16.00% since inception.
- The fund's asset allocation comprises around 99.94% in equities, 0.00% in debts, and 0.06% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+27.87%
— (Cat Avg.)
Since Inception
+16.00%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹736.65 Cr | 99.94% |
| Others | ₹0.43 Cr | 0.06% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Apple Inc | Equity | ₹86.48 Cr | 11.73% |
| Microsoft Corp | Equity | ₹84 Cr | 11.40% |
| NVIDIA Corp | Equity | ₹77.77 Cr | 10.55% |
| Amazon.com Inc | Equity | ₹46.26 Cr | 6.28% |
| Meta Platforms Inc Class A | Equity | ₹28.11 Cr | 3.81% |
| Alphabet Inc Class A | Equity | ₹27.22 Cr | 3.69% |
| Alphabet Inc Class C | Equity | ₹22.86 Cr | 3.10% |
| Berkshire Hathaway Inc Class B | Equity | ₹21.45 Cr | 2.91% |
| Broadcom Inc | Equity | ₹18.91 Cr | 2.56% |
| Tesla Inc | Equity | ₹17.4 Cr | 2.36% |
| Eli Lilly and Co | Equity | ₹17.35 Cr | 2.35% |
| JPMorgan Chase & Co | Equity | ₹16.51 Cr | 2.24% |
| Exxon Mobil Corp | Equity | ₹14.37 Cr | 1.95% |
| UnitedHealth Group Inc | Equity | ₹14.33 Cr | 1.94% |
| Visa Inc Class A | Equity | ₹11.3 Cr | 1.53% |
| Mastercard Inc Class A | Equity | ₹10.29 Cr | 1.40% |
| Johnson & Johnson | Equity | ₹10.26 Cr | 1.39% |
| Procter & Gamble Co | Equity | ₹10.25 Cr | 1.39% |
| The Home Depot Inc | Equity | ₹9.86 Cr | 1.34% |
| Costco Wholesale Corp | Equity | ₹9.85 Cr | 1.34% |
| AbbVie Inc | Equity | ₹8.84 Cr | 1.20% |
| Walmart Inc | Equity | ₹7.92 Cr | 1.07% |
| Merck & Co Inc | Equity | ₹7.74 Cr | 1.05% |
| Chevron Corp | Equity | ₹7.43 Cr | 1.01% |
| Bank of America Corp | Equity | ₹7.41 Cr | 1.01% |
| Netflix Inc | Equity | ₹7.31 Cr | 0.99% |
| Coca-Cola Co | Equity | ₹6.99 Cr | 0.95% |
| Salesforce Inc | Equity | ₹6.79 Cr | 0.92% |
| Adobe Inc | Equity | ₹6.68 Cr | 0.91% |
| PepsiCo Inc | Equity | ₹6.41 Cr | 0.87% |
| Thermo Fisher Scientific Inc | Equity | ₹6.32 Cr | 0.86% |
| Advanced Micro Devices Inc | Equity | ₹6.31 Cr | 0.86% |
| Oracle Corp | Equity | ₹6.01 Cr | 0.81% |
| Linde PLC | Equity | ₹5.89 Cr | 0.80% |
| Accenture PLC Class A | Equity | ₹5.62 Cr | 0.76% |
| Wells Fargo & Co | Equity | ₹5.59 Cr | 0.76% |
| Qualcomm Inc | Equity | ₹5.47 Cr | 0.74% |
| Cisco Systems Inc | Equity | ₹5.3 Cr | 0.72% |
| McDonald's Corp | Equity | ₹5.17 Cr | 0.70% |
| GE Aerospace | Equity | ₹5.03 Cr | 0.68% |
| Texas Instruments Inc | Equity | ₹5.01 Cr | 0.68% |
| Abbott Laboratories | Equity | ₹4.98 Cr | 0.68% |
| Danaher Corp | Equity | ₹4.94 Cr | 0.67% |
| Philip Morris International Inc | Equity | ₹4.84 Cr | 0.66% |
| Applied Materials Inc | Equity | ₹4.76 Cr | 0.65% |
| Pfizer Inc | Equity | ₹4.68 Cr | 0.63% |
| The Walt Disney Co | Equity | ₹4.61 Cr | 0.63% |
| Verizon Communications Inc | Equity | ₹4.61 Cr | 0.63% |
| Caterpillar Inc | Equity | ₹4.57 Cr | 0.62% |
| Comcast Corp Class A | Equity | ₹4.36 Cr | 0.59% |
| NextEra Energy Inc | Equity | ₹4.24 Cr | 0.58% |
| Treps | Cash - Repurchase Agreement | ₹0.3 Cr | 0.04% |
| Net Receivables / (Payables) | Cash | ₹0.13 Cr | 0.02% |
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹319.09 Cr | 43.29% |
| Communication Services | ₹99.1 Cr | 13.44% |
| Healthcare | ₹79.43 Cr | 10.78% |
| Consumer Cyclical | ₹78.68 Cr | 10.67% |
| Financial Services | ₹72.54 Cr | 9.84% |
| Consumer Defensive | ₹46.26 Cr | 6.28% |
| Energy | ₹21.8 Cr | 2.96% |
| Industrials | ₹9.61 Cr | 1.30% |
| Basic Materials | ₹5.89 Cr | 0.80% |
| Utilities | ₹4.24 Cr | 0.58% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Siddharth Srivastava
Since September 2021
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01HP3 | Expense Ratio | 0.65% | Exit Load | - | Fund Size | ₹737 Cr | Age | 21 Sep 2021 | Lumpsum Minimum | - | Fund Status | Open Ended Investment Company | Benchmark | S&P 500 TOP 50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
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|---|---|---|---|---|
| Aditya Birla Sun Life Commodity Equity Global Agricultural Regular Growth Very High Risk | 1.7% | 1.0% | ₹13.04 Cr | -3.0% |
| HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹6.31 Cr | 15.7% |
| HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹6.31 Cr | 16.1% |
| Franklin Asian Equity Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹244.02 Cr | 11.3% |
| DSP Global Innovation Fund of Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹830.62 Cr | 20.2% |
| DSP Global Innovation Fund of Fund Regular Growth Very High Risk | 2.0% | 0.0% | ₹830.62 Cr | 19.1% |
| Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk | 2.0% | 0.0% | ₹263.83 Cr | 18.8% |
| Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹108.69 Cr | 17.3% |
| Edelweiss US Value Equity Offshore Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹108.69 Cr | 18.4% |
| ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk | 2.2% | 1.0% | ₹309.82 Cr | 12.9% |
About the AMC
Total AUM
₹1,93,693 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Siddharth Srivastava
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