Mirae Asset S&P 500 Top 50 ETF FoF Direct - Growth

Q: What are the returns of Mirae Asset S&P 500 Top 50 ETF FoF?

The Mirae Asset S&P 500 Top 50 ETF FoF is a 3 yrs 10 m old fund and has delivered average annual returns of 21.28% since inception. Mirae Asset S&P 500 Top 50 ETF FoF Returns 1-Year 3-Year Since Inception 32.3% 29.05% 21.28%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.982-0.7% 1 day change	21.28% p.a.	#NA View Ranked Funds	₹612 Cr

Historical NAV & returns

NAV: ₹20.982 as on Jul 21, 2025

This fund Category average

Mirae Asset S&P 500 Top 50 ETF FoF overview

Expense ratio	0.09% as on May 31, 2025
Exit load	0.5% Exit load of 0.50% if redeemed within 3 months.!
AUM (Fund size)	₹612 Cr
Lock-in Period	Nil
Age	3 yrs 10 m since Sep 01, 2021
Benchmark	S&P 500 Top 50 Total Return Index
Min. investment	Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset S&P 500 Top 50 ETF FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Asset allocationas on May 31, 2025

Large Cap 99.92%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 99.96588076%

Repo 0.37943851%

Other Holdings

Mirae Asset S&P 500 Top 50 ETF - Growth 99.97%

Others 0.38%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset S&P 500 Top 50 ETF FoF	N.A.	612 Cr	3 yrs 10 m	0.09%
Motilal Oswal Nasdaq 100 FOF	N.A.	5,042 Cr	6 yrs 8 m	0.2%
Motilal Oswal S&P 500 Index Fund	N.A.	3,545 Cr	5 yrs 3 m	0.61%
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF	N.A.	360 Cr	3 yrs 3 m	0.16%
ICICI Prudential NASDAQ 100 Index Fund	N.A.	1,588 Cr	3 yrs 9 m	0.61%
Aditya Birla Sun Life NASDAQ 100 FOF	N.A.	346 Cr	3 yrs 9 m	0.26%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset S&P 500 Top 50 ETF FoF	7.44%	-3.8%	32.3%	29.05%	N.A.	N.A.
Motilal Oswal Nasdaq 100 FOF	5.03%	-7.89%	20.56%	26.12%	19.42%	14.77%
Motilal Oswal S&P 500 Index Fund	3.35%	3.64%	16.98%	19.92%	17.84%	9.78%
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF	4.42%	6.15%	22.16%	26.2%	14.41%	6.96%
ICICI Prudential NASDAQ 100 Index Fund	3.8%	5.64%	20.85%	26.46%	11.59%	5.64%
Aditya Birla Sun Life NASDAQ 100 FOF	4.53%	6.0%	21.97%	25.97%	10.51%	5.13%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset S&P 500 Top 50 ETF FoF	17.27	N.A.	1.18	1.65
Motilal Oswal Nasdaq 100 FOF	22.6	N.A.	0.96	1.67
Motilal Oswal S&P 500 Index Fund	14.06	N.A.	1.01	1.46
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF	18.53	N.A.	1.14	2.0
ICICI Prudential NASDAQ 100 Index Fund	19.06	N.A.	1.11	1.64
Aditya Birla Sun Life NASDAQ 100 FOF	17.71	N.A.	1.13	1.92

View all International Index funds

Key risk & return ratios Compared to other funds in the category

Alpha	N.A.
Sharpe	1.18 vs. 8.64 Poor risk-adjusted returns
Beta	N.A.
Standard deviation	17.27 vs. 17.85 More stable returns

Compare Mirae Asset S&P 500 Top 50 ETF FoF in detail with

About this fund

About Mirae Asset S&P 500 Top 50 ETF FoF

Mirae Asset S&P 500 Top 50 ETF FoF Direct - Growth is a International Index mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 3 yrs 10 m, having been launched on 01/09/2021. Mirae Asset S&P 500 Top 50 ETF FoF Direct - Growth has ₹612 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset S&P 500 Top 50 ETF FoF Direct - Growth as of 21/07/2025 is ₹20.98. The fund has an expense ratio of 0.09%, which is less than what most other International Index funds charge.

Mirae Asset S&P 500 Top 50 ETF FoF Direct - Growth returns of last 1-year are 34.12%. Since launch, it has delivered 21.35% average annual returns. The fund has doubled the money invested in it every 3 yrs.
The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in Mirae Asset S&P 500 Top 50 ETF - Growth.

...

Fund AUM	612 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Ekta Gala

Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.

Vishal Singh

Mr. Singh has done B.Com, CA, CFA and FRM Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.

Investment objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset S&P 500 Top 50 ETF.

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	2,02,662 Cr as on Jun 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Midcap Fund	N.A.	16,337 Cr	5.76%	30.47%
Mirae Asset Great Consumer Fund	N.A.	4,224 Cr	2.87%	24.27%
Mirae Asset Healthcare Fund	N.A.	2,691 Cr	16.41%	24.13%
Mirae Asset ELSS Tax Saver Fund	N.A.	25,567 Cr	6.26%	23.9%
Mirae Asset Large & Midcap Fund	N.A.	39,459 Cr	3.36%	23.67%
Mirae Asset Diversified Equity Allocator Passive FoF	N.A.	938 Cr	2.34%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset S&P 500 Top 50 ETF FoF?

The current Net Asset Value (NAV) of the Mirae Asset S&P 500 Top 50 ETF FoF - Direct Growth plan is approximately ₹20.982 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset S&P 500 Top 50 ETF FoF is a 3 yrs 10 m old fund and has delivered average annual returns of 21.28% since inception.

Mirae Asset S&P 500 Top 50 ETF FoF Returns

1-Year	3-Year	Since Inception
32.3%	29.05%	21.28%

How much does this mutual fund charge as expense ratio?

The Mirae Asset S&P 500 Top 50 ETF FoF - Direct Growth has an expense ratio of 0.09%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset S&P 500 Top 50 ETF FoF currently has assets under management (AUM) or fund size valued at approximately 612 Cr as on May 31, 2025.

What is risk level of Mirae Asset S&P 500 Top 50 ETF FoF?

This is a International Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset S&P 500 Top 50 ETF FoF?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset S&P 500 Top 50 ETF FoF and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset S&P 500 Top 50 ETF FoF is complete.

How can I redeem my investments in Mirae Asset S&P 500 Top 50 ETF FoF?

Redeeming your investments in Mirae Asset S&P 500 Top 50 ETF FoF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset S&P 500 Top 50 ETF FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in International Index

#NA

Return Outperformance: This fund has generated highest return amongst International Index funds in the last 3 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.50% if redeemed within 3 months.