Mirae Asset NYSE FANG+ ETF (MAFANG.BO) is an exchange-traded fund managed by Mirae Asset Mutual Fund that seeks to replicate the performance of the NYSE FANG+ Index, providing investors with targeted exposure to leading technology and consumer discretionary companies; the fund tracks the equal-weighted index comprising 10 high-growth stocks including Meta Platforms, Apple, Amazon, Netflix, Alphabet, NVIDIA, Tesla, Broadcom, Snowflake, and ServiceNow, with quarterly rebalancing to maintain equal allocation. Launched in 2021 and listed on the BSE (Bombay Stock Exchange), the ETF offers investors a low-cost vehicle for accessing U.S. tech innovators through Indian capital markets, with assets under management focused on long-term capital appreciation via passive index replication; it operates primarily in India with global exposure to U.S.-listed securities. Mirae Asset Global Investments Co. Ltd., the parent entity headquartered in Seoul, South Korea and founded in 1997, oversees the fund as part of its broader asset management platform serving retail and institutional clients across Asia, Europe, and the Americas. In recent developments, the ETF has seen expanded distribution through Mirae Asset's digital platforms and partnerships with Indian brokers amid rising demand for thematic tech investments, alongside a strategic shift toward enhanced liquidity provisions following SEBI's 2024 ETF guidelines; no major acquisitions or name changes reported in the last two years, though Mirae Asset announced increased allocations to AI-themed ETFs in its 2025 outlook.