Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset NYSE FANG ETF

Holds 10 companies worth ₹4,449 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹4,448 CrMirae Asset NYSE FANG ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 2.6% on Aug 2026, ₹4,336 Cr.

  • Largest holding

    Micron TechnologyMicron Technology is 11.1% of this scheme's NAV.

  • Fund manager

    Siddharth SrivastavaRuns it since 6 May 2021, as the fund house dates it.

Overview(29 Jul 2026)

Fund managers1

  1. Siddharth SrivastavaFund manager · May 2021 · 16y · MBA B.Tech

    Key facts

    Benchmark
    NYSE FANG+ Index (TRI) (INR)
    Risk
    Very High
    Expense
    Regular 0.67% · Direct 0%
    Exit load
    Nil
    Started
    6 May 2021
    Minimum
    On exchange (in multiple of 1 units), Directly with AMC or Market Maker (in multiple of 2,00,000 units) Participant (in multiple of 2,00,000 units)

    Source.Its Scheme Summary Document as of 29 Jul 2026 at AMFI.

    What changed(5 changes)

    Jul 2026

    1 change
    1. Expense ratio
      29 JulRegular 0.66% → 0.67%

    Mar 2026

    1 change
    1. Expense ratio
      20 MarRegular 0.65% → 0.66%

    Apr 2025

    1 change
    1. Expense ratio
      21 AprRegular 0.63% → 0.65%

    Source.Its filings at NSE, since Sept 2024.

    Fund managers over time(May 2021 – now)

    1. Siddharth Srivastava
    MainCoSlice20222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2024 – Jul 2026)

    Every change to the expense ratio, newest first.
    6 changesRegularDirectΔ pt
    29 Jul 20260.67%0.00%0
    20 Mar 20260.66%0.00%0
    21 Apr 20250.65%0.00%0
    27 Feb 20250.63%0.00%0
    17 Jan 20250.62%0.00%–
    2 Sept 20240.66%––
    Direct plan, 29 Jul 2026
    0.00%
    Regular plan 0.67% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(29 Jul 2026)

    Objective

    The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the NYSE FANG+ Total Return Index, subject to tracking error and forex movement. The Scheme does not guarantee or assure any returns.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking NYSE FANG+ Total Return Index
    Benchmark
    NYSE FANG+ Index (TRI) (INR)

    Asset allocation it may hold% of NAV

    1. Securities included in the NYSE FANG+ Index
      Allowed95–100%
    2. Money market instruments / debt securities, Instruments and/or units of schemes of domestic Mutual Funds
      Allowed0–5%

    Holds in Sept 2026.100.0% equity

    How to invest(29 Jul 2026)

    Buying

    To start
    On exchange (in multiple of 1 units), Directly with AMC or Market Maker (in multiple of 2,00,000 units) Participant (in multiple of 2,00,000 units)
    Most
    Any Amount

    Selling and switching

    Scheme details(29 Jul 2026)

    What it is

    Category
    Other ETFs
    Offer
    19 Apr 2021 to 30 Apr 2021
    Started
    6 May 2021
    Reopened
    7 May 2021
    Plans
    Regular Plan - Growth
    Face value
    ₹10
    Listed
    NSE & BSE

    How it is run

    Swing pricing
    No
    Side-pocketing
    Enabled.
    Custodian
    M/s. Deutsche Bank AG, Mumbai
    Auditor
    M/s. Chokshi & Chokshi LLP, Chartered Accountants
    Registrar
    KFIN Technologies Limited
    SEBI code
    MIRA/O/O/EET/21/02/0026