Is Mirae Asset NYSE Fang ETF a good investment?

Suitability: “This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options.

Is Mirae asset reliable?

It is rated five-stars under BusinessLine Portfolio Star Track MF Ratings. Mirae Asset Emerging Bluechip has outperformed the category over three and five-year periods on a rolling return basis.

How long can you hold an ETF?

Holding period: If you hold ETF shares for one year or less, then gain is short-term capital gain. If you hold ETF shares for more than one year, then gain is long-term capital gain.

How to invest in Mirae Asset NYSE Fang plus ETF (MFP)?

Called the Mirae Asset NYSE FANG Plus ETF or MAFANGETF (MFP), you will need a demat account for investing in the ETF. The house is offering a fund of funds (FOF) route to allow you to invest in the MFP.

Is the Mirae Asset Investment Manager sponsored by Ice Data?

Neither the Mirae Asset Investment Manager (India) Pvt. Ltd., Mirae Asset Trustee Company Private Limited (the “Trust”) nor the Product, as applicable, is sponsored, endorsed, sold or promoted by ICE Data, its affiliates or its Third Party Suppliers (“ICE Data and its Suppliers”).

What is the NYSE Fang+ index?

NYSE FANG+ Index constitutes of 10 stocks – Alibaba, Facebook, Alphabet, Apple, Baidu, Nvidia, Amazon, Netflix, Twitter, Tesla If playback doesn’t begin shortly, try restarting your device. Videos you watch may be added to the TV’s watch history and influence TV recommendations.

What is the investment objective of the Fang+ scheme?

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.