Mirae Asset NYSE FANG+ Fund (GIFT)
Mirae Asset Investment Managers (India) — IFSC Branch
USD-denominated feeder to the NYSE FANG+ index via GIFT IFSC
⚠ Performance figures on this page are illustrative and platform-estimated, pending integration of the manager's factsheet. Refer to the official factsheet before making any investment decision.
Illustrative Performance
Benchmark: MSCI World
Monthly Returns · Illustrative
Illustrative · Refer Factsheet| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Yr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.6 | -0.2 | -3.2 | -1.9 | 2.9 | 2.9 | 1.9 | 7.2 | 4.3 | -4.6 | 2.1 | 0.5 | 7.9 |
| 2025 | 2.4 | -3.3 | -0.2 | 4.4 | 4.5 | -1.4 | 6.9 | 5.2 | -3.8 | 5.8 | 7.6 | -4.0 | 25.7 |
| 2026 | 7.0 | 2.6 | -3.8 | 5.3 | 5.6 | -2.7 | · | · | · | · | · | · | 14.3 |
Why add this to a portfolio?
- No US estate tax on IFSC units
- Weekly liquidity
- USD denominated
- Mega-cap tech exposure
Who is it for?
An IFSC retail scheme from Mirae Asset providing Indian residents and NRIs USD-denominated exposure to the concentrated NYSE FANG+ index of mega-cap US technology and consumer-internet leaders. Investors fund through LRS; units are held outside the US estate-tax perimeter.
USD diversification benefit: at today's live rate of ₹94.41/USD, a dollar sleeve compounds the rupee's long-run drift on top of the strategy's own return.
Geography Exposure
United States
Tax Snapshot
USD capital gains on IFSC units; LRS-funded, no US estate exposure on units
Always obtain personalised tax advice.