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The Economic Times
The Economic Times
Surbhi Khanna

MF Tracker: Mirae Asset NYSE FANG+ ETF FoF tops 5-year CAGR charts with 39% returns. Can the rally last?

Mirae Asset NYSE FANG+ETF FoF was the topper in the last five years with 38.69% return among all equity mutual funds including sectoral and thematic funds or international funds specifically. There were nearly 380 funds in the said time period, of which this international fund by Mirae Asset Mutual Fund outperformed the others.

Launched on May 10, 2021, the international fund is unrated by ValueResearch and Morningstar both. According to ValueResearch, there are different parameters on which the rating is given so if the fund does not qualify these parameters the rating is not given.

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