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Naveen Kumar

16th Jan · SEBI-Registered Analyst

Mirae Asset NYSE FANG+ ETF

The Mirae Asset NYSE FANG+ ETF offers a highly concentrated, yet equally-weighted, bet on 10 mega-cap US technology and growth stocks, including powerhouses like Apple, Amazon, Meta, Alphabet, Nvidia, Microsoft, Netflix, Tesla, Alibaba, and Broadcom. Its 234% return over the past five years is simply phenomenal, showcasing the incredible performance of these innovation leaders. While concentrated, the equal-weighting strategy helps reduce the dominance of any single stock. For aggressive investors looking to complement broader US market exposure with a focused, high-growth play on these global tech behemoths, this ETF, starting from just ₹100 with SIP options, is a powerful choice, albeit with the inherent volatility of a concentrated growth portfolio.

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