Mirae Asset Hang Seng TECH ETF FOF
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Hang Seng TECH ETF.
Growthvine rating: 2/5 — ranked #44 of 62 in category.
Fund basics
| Category | Equity: Global |
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| NAV | ₹11.10 (as of 2026-09-30) |
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| AUM | ₹79 Cr |
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| Expense ratio | 0.40% |
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| Riskometer | Very High |
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| Fund manager | Akshay Udeshi |
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| Exit load | 0.5% for redemption within 90 days |
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Performance & risk
| Sharpe ratio | 0.39 |
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| Standard deviation | 32.66% |
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| Max drawdown | −48.04% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured −5.8% of NIFTY IT's upside and 23.7% of its downside.
Market cap allocation
| Large cap | 0.0% |
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| Mid cap | 0.0% |
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| Small cap | 100.0% |
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Concentration
| Top 5 holdings | 99.8% |
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| Top 10 holdings | 99.8% |
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| Total holdings | 1 |
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Top holdings
- Mirae Asset Hang Seng TECH ETF — 99.8%
- TREPS — 0.2%
- Net Receivables / (Payables) — −0.1%
Top sectors
- Global Equity — 99.8%
- Cash — 0.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −14.4% | Q4 (Bottom) | #60 of 60 |
| 2025 | 36.5% | Q2 | #18 of 60 |
| 2024 | 32.1% | Q1 (Top) | #5 of 61 |
| 2023 | −6.0% | Q4 (Bottom) | #58 of 60 |
| 2022 | −18.6% | Q3 | #33 of 51 |