An Amazing investment opportunity with a CAGR of 40-50% !!!
" MIRAE NYSE FANG+ index ETF " is an ETF that will track the NYSE FANG+ index which tracks WORLD'S BIGGEST 10 COMPANIES. The FANG+ Index is composed of 10 equally weighted technology stocks—Facebook, Apple, Amazon, Netflix, Alphabet, Alibaba, Baidu, Nvidia, Tesla and Twitter. All the 10 stocks have equal weightage i.e 10%.
1)This index has delivered a return of 46.8% compound annual growth rate (CAGR) over the past five years in rupee terms. In other words, a rupee invested in the index would have multiplied almost seven times in five years.
2) The ETF has an expense ratio of 0.33% which is very low.
3) This is an awesome opportunity for Indian investors to invest in the international market and the world's greatest innovators. Also, it will help in diversifying the portfolio of investors.
4) These 10 companies have a market cap of $7.7 trillion—nearly three times the Indian market; and revenues of $1.09 trillion—3x of the Indian government’s total receipts.
5) Indian investors will also get the benefit of rupee depreciation.
6) If we talk about the risk on paper terms, since it is a concentrated portfolio so definitely there is a risk. But in my view, if we don't invest in the world's top 10 companies and invest it somewhere else then there is more risk!! These all companies are high growth companies and will continue to grow and innovate in the coming years as well. So definitely, it is worth investing.
ETF is available on NSE with code MAFANG.
1)This index has delivered a return of 46.8% compound annual growth rate (CAGR) over the past five years in rupee terms. In other words, a rupee invested in the index would have multiplied almost seven times in five years.
2) The ETF has an expense ratio of 0.33% which is very low.
3) This is an awesome opportunity for Indian investors to invest in the international market and the world's greatest innovators. Also, it will help in diversifying the portfolio of investors.
4) These 10 companies have a market cap of $7.7 trillion—nearly three times the Indian market; and revenues of $1.09 trillion—3x of the Indian government’s total receipts.
5) Indian investors will also get the benefit of rupee depreciation.
6) If we talk about the risk on paper terms, since it is a concentrated portfolio so definitely there is a risk. But in my view, if we don't invest in the world's top 10 companies and invest it somewhere else then there is more risk!! These all companies are high growth companies and will continue to grow and innovate in the coming years as well. So definitely, it is worth investing.
ETF is available on NSE with code MAFANG.