Mirae Asset S&P 500 Top 50 ETF (MASPTOP50.NS) NSE
74.77
-0.17(-0.23%)
Currency In INR
- General
- Statistics
- Historical Data
- Profile
- Financials
74.77
-0.17(-0.23%)
Currency In INR
Address
,
India
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
September 27, 2021
The Mirae Asset S&P 500 Top 50 ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in S&P 500 TOP 50 Index. The S&P 500 Top 50 consists of 50 of the largest companies from the S&P 500, reflecting U.S. mega-cap performance. Index constituents are weighted by float-adjusted market capitalization. The index is back-tested since June 2005 and the launch date for the index is November 2015. The investment strategy of the Scheme will be to invest in a basket of securities forming part of S&P 500 TOP 50 Index in similar weight proportion.