ETF

Shocking! MAFANG ETF 12% Return In Just 1 Week

In the last week, returns of up to 12% have been given by MAFANG ETF, which is one of the best returns given by any ETF.

Not only this but the upper circuit of 19.18 has also been marked in this ETF on 8th April 2024 i.e. today. We keep seeing upper circuits being marked in many stocks, but if upper marked in any ETF, it is a big thing in itself.

After all, this ETF is an index made by companies in which we can get good profits by investing money together.

What is MAFANG ETF?

As we all know, it is a group of good companies in which we invest money and earn returns according to the growth of those companies.

If you want to invest money in the 10 best companies in America while staying in India, you can easily do this work through this ETF.

The shares of the companies included in this are expensive, so if you take the shares of those 10 companies together, they will be costly.

But you can invest in these 10 companies cheaply through MAFANG ETF. You can trade this ETF just like a normal stock, that is, you can buy it at the right price and sell it when you get good returns.

Which companies are included in MAFANG ETF?

The details of these 10 companies included in this ETF are given in the table below.

COMPANYSECTORASSET(%)
NVIDIA Corporation (USA)Capital Goods14.17
Meta PlatformsServices12.61
NetFlix Inc. (USA)Services10.82
Broadcom Corporation (USA)Capital Goods10.28
Amazon. com Inc. (USA)Services10.23
Microsoft Corporation (US)Technology9.51
Alphabet Inc Class AServices8.99
SnowflakeTechnology8.25
Apple Inc. (USA)Consumer Discretionary7.86
TeslaAutomobile7.26

Returns given by MAFANG ETF?

  1. As we talked about in the beginning a record has been made in this ETF that in a single week, this ETF has given returns of up to 12%.
  2. If you talk about returns of 1 month, then MAFANG ETF has given returns of 14.20%.
  3. This ETF has given returns of 99% within 1 year.
  4. If we talk about the returns of the last 5 years, it is a return of 102.02%.
  5. The overall return of this ETF is 97% since its inception.

Will MAFANG ETF give this type of return in the future also?

Talking about the future returns of this ETF, we can say that this ETF is going to give good returns in the future.

The reason for this is that the companies under this ETF are the best companies, not only in America but in the world.

The demand for all these companies is going to be even higher in the future. This is the reason why the upper circuit has been marked on this ETF.

Meaning of the upper circuit in MAFANG ETF?

The upper circuit has been marked in MAFANG ETF, which means there is now no single stock in this ETF for sale. Buyers held all the stocks of this ETF.

MAFANG ETF price table?

Complete information about house price data is given in the table below.

MAFANG ETF52 Week High52 Week Low1 Week Return1 Month Return6 Months Return1 Year ReturnMax. ReturnUpper CircuitLower Circuit
Data98.5747.0512%14.20%56%99%97%98.1865.45

Note- Prices may change from time to time. Please click here for the latest price of this ETF.

Conclusion

Last week, returns of up to 12% were given in MAFANG ETF and an upper circuit has been marked. This ETF has left even multi-bagger stocks behind.

If you want good returns by investing money in American companies then MAFANG ETF is the right option for you.

If you are looking for an ETF that will give you good returns in the long run then you can start your SIP in MAFANG ETF.

Team ETF Is Good

Sharing best knowledge about financial markets.

Share
Published by
Team ETF Is Good

Recent Posts

Why Stellantis recalls 20775 Hybrid SUVs

Stellantis has announced a recall of 20,755 hybrid SUVs in the U.S. due to a…

2 hours ago

Madhya Bharat Agro Q2 FY25 Results

Madhya Bharat Agro Products' Q2 FY25 net profit surged to Rs. 11.49 crore, up from…

1 day ago

DB Corp Q2 FY25 Results

DB Corp, a leading media company, announced its financial results for Q2 FY25, reflecting stable…

1 day ago

Newgen Software Technology Q2 Results

Newgen Software saw its shares drop over 4% on October 15, despite reporting strong revenue…

1 day ago

Angel One Shares Surge 11 Percent On Strong Q2 Results And Profit Growth

Shares of Angel One Ltd jumped by 11% in Tuesday’s trading session, driven by better-than-expected…

1 day ago

Garuda Construction Shares Surge 10 Percent On Stock Market Debut

Shares of Garuda Construction and Engineering Ltd soared over 10% during their debut on Tuesday,…

1 day ago