96% return: Is last year’s equity fund winner still a good buy?
Mirae Asset NYSE FANG+ETF, a basket tracking an index comprising global mega-cap tech stocks, recorded a blistering 96% rise in NAV. The closest challenger, CPSE ETF, tracking an index of Indian public sector entities, fetched 75%. The NYSE FANG+ETF’s blockbuster show is bound to make investors take notice, but should you rush to add this table-topper to your mutual fund shopping list?
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