Mirae Asset S&P 500 Top 50 ETF FoF
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.
Growthvine rating: 5/5 — ranked #2 of 62 in category.
Fund basics
| Category | Equity: Global |
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| NAV | ₹35.44 (as of 2026-10-01) |
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| AUM | ₹795 Cr |
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| Expense ratio | 0.36% |
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| Riskometer | Very High |
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| Fund manager | Akshay Udeshi |
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| Exit load | 0.5% for redemption within 90 days |
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Performance & risk
| 5-year annualised return | 29.32% |
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| Sharpe ratio | 1.3 |
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| Standard deviation | 19.73% |
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| Max drawdown | −29.96% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 76.2% of Nifty 500's upside and −64.1% of its downside.
Market cap allocation
| Large cap | 0.0% |
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| Mid cap | 0.0% |
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| Small cap | 100.0% |
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Concentration
| Top 5 holdings | 100.0% |
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| Top 10 holdings | 100.0% |
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| Total holdings | 1 |
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Top holdings
- Mirae Asset S&P 500 Top 50 ETF — 100.0%
Top sectors
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 41.5% | Q1 (Top) | #3 of 60 |
| 2025 | 21.6% | Q3 | #42 of 60 |
| 2024 | 64.1% | Q1 (Top) | #2 of 61 |
| 2023 | 35.8% | Q1 (Top) | #15 of 60 |
| 2022 | −16.6% | Q3 | #30 of 51 |