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Two new investment options open from today, earn huge profits by applying 5 thousand rupees

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Mutual Fund: During NFO, the initial minimum investment in both schemes can be invested in multiple of 5000 rupees and later one rupee.

Earn big profits by applying 5 thousand rupees

If you are looking for a new investment option in the Corona era, then there is good news for you. Starting today, you are getting a chance to invest in two new options. The first product is – Mirae Asset NYSE FANG + ETF ‘This is an open-ended scheme that reflects or tracks the NYSE FANG + Total Return Index. Another product is Mirae Asset NYSE FANG + ETF Fund of Fund. It is an open ended fund of fund scheme, which mainly invests in Mirae Asset NYSE FANG + ETF. The initial minimum investment in both schemes during NFO is Rs 5000 and later as multiple of one rupee.

Subscriptions to both funds are opening from April 19, 2021. Subscription to FANG + ETF will be closed on April 30, 2021. While the subscription of FANG + ETF Fund of Fund will be closed on 3 May 2021. Mirae Asset NYSE FANG + ETF will be managed by Siddharth Srivastava while Mirae Asset Mirae Asset will manage NYSE FANG + ETF Fund of Funds Ekta Gala. Mirae Asset NYSE FANG + ETF Fund of Fund will also offer investors the option of Regular Plan and Direct Plan with Growth Plan.

Special features of the scheme

The NYSE FANG + Index is a similar weightage index designed to represent the technology and consumer discourse sector. There are growth stocks that are highly traded.

The NYSE FANG + Index gives Indian investors exposure to global innovation leaders such as Facebook, Amazon, Apple, Netflix, Alphabet (Google), Tesla, Twitter, etc. These sectors and companies reflect the long term mega trend. They have the power to change economies, businesses and societies.

According to the Boston Consultancy Group, 7 out of 10 companies on the New York Stock Exchange, or NYSE FANG + Index, made it to the top 50 companies in 2020. Four of these companies are constantly innovating.

7 companies include 50 top companies by 2020

According to the Boston Consultancy Group, 7 out of 10 companies on the New York Stock Exchange, or NYSE FANG + Index, made it to the top 50 companies in 2020. Four of these companies are constantly innovating.

The total market capitalization of FANG + companies is $ 7.7 trillion. Their revenue is three times the revenue of the Government of India for the financial year 2019-20. His cash holding is worth $ 500 billion, which is 85 percent of India’s total foreign exchange reserves. His net income is $ 179 billion, which is more than the total earnings of all Indian stocks. Investors in the FANG + Index will benefit Indian investors from the devaluation of the rupee.

Become a partner in the global growth story

Swaroop Mohanty, CEO of Mirae Asset Investment Managers (India) Private Limited, said, “There are very few global companies in the world who do not just follow the future mega trends but also bring changes continuously with their investments.” These companies have not only changed the nature of our society, but they have also been providing good investment to their investors for many years.

Investors can participate in the global growth story through the Mirae Asset FANG + ETF and the Mirae Asset NYSE FANG + ETF Fund of Funds. Along with this, they will also realize that they too are partners in this change of the world.

Take advantage of growth of companies

Mirae Asset NYSE FANG + ETF fund manager Siddharth Srivastava said, Mirae Asset NYSE FANG + ETF and Mirae Asset NYSE FANG + ETF Fund of Fund investors are among the top 10 high growth technology companies in front of many megatrends with focused and equal weightage exposure. Will give option. These companies are at the forefront of their respective fields and are changing people’s everyday lives with their innovation in the world in which we live. Through these two offerings, investments can take exposure of the global market at a low cost and can become a part of the growth story of these companies.

In the last five years, the NYSE FANG + index has outperformed the NASADQ 100 index and the NIFTY 50 index. It has given very good returns according to the risk profile.

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Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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