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9 mutual fund categories that delivered over 20% return in last 5 years - The Economic Times Video

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Mirae Asset’s thematic mutual fund outperforms category in January-March quarter

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[hfe_template id='11223'] [ad_1] Thematic mutual fund scheme Mirae Asset NYSE FANG+ETF FoF-Reg(G) delivered nearly 20% returns in the January-March quarter outperforming its peers in this category in the said period. The returns were higher not just against those domestic funds which invest in Indian equities but also those which invest in overseas stocks. As per the data available with Amfi, the number of thematic funds at the end of March stood at 160 which includes global, MNC and overseas fund-of-funds. The average returns delivered by this category in the January-March quarter stood at 5.10%. Mirae Asset NYSE FANG+ETF FoF-Reg(G) is an overseas fund-of-funds (FoF) which predominantly invests in units of Mirae Asset NYSE FANG+ETF. The latter has a portfolio of stocks forming part of NYSE FANG + Index. The fund has been in inception since May 2021. It is benchmarked against S&P BSE SENSEX - TRI which has given results of 2.06%. The other top thematic MF performers ...