Dezerv

Fund Overview

Fund Size

Fund Size

₹245 Cr

Expense Ratio

Expense Ratio

0.60%

ISIN

ISIN

INF769K01HS7

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

07 Dec 2021

About this fund

Mirae Asset Hang Seng TECH ETF is a Global - Other mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 2 years, 4 months and 10 days, having been launched on 07-Dec-21.
As of 16-Apr-24, it has a Net Asset Value (NAV) of ₹11.87, Assets Under Management (AUM) of 245.38 Crores, and an expense ratio of 0.6%.
  • Mirae Asset Hang Seng TECH ETF has given a CAGR return of -18.43% since inception.
  • The fund's asset allocation comprises around 99.97% in equities, 0.00% in debts, and 0.03% in cash & cash equivalents.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-17.71%

--%(Cat. Avg.)

Since Inception

-18.43%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity245.3 Cr99.97%
Others0.09 Cr0.03%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Meituan Class BEquity23.42 Cr9.54%
JD.com Inc Ordinary Shares - Class AEquity22.73 Cr9.26%
Xiaomi Corp Class BEquity21.89 Cr8.92%
Tencent Holdings LtdEquity21.09 Cr8.60%
Kuaishou Technology Ordinary Shares - Class BEquity20.42 Cr8.32%
Alibaba Group Holding Ltd Ordinary SharesEquity18.37 Cr7.49%
NetEase Inc Ordinary SharesEquity15.4 Cr6.27%
Li Auto Inc Ordinary Shares - Class AEquity13.65 Cr5.56%
Baidu IncEquity9.95 Cr4.05%
Lenovo Group LtdEquity9.91 Cr4.04%
Semiconductor Manufacturing International CorpEquity8.68 Cr3.54%
Haier Smart Home Co Ltd Class HEquity8.1 Cr3.30%
Trip.com Group LtdEquity8.07 Cr3.29%
XPeng Inc Class AEquity6.22 Cr2.53%
JD Health International IncEquity4.23 Cr1.73%
Sunny Optical Technology (Group) Co LtdEquity3.9 Cr1.59%
Kingdee International Software Group Co LtdEquity3.73 Cr1.52%
Tongcheng Travel Holdings LtdEquity3.51 Cr1.43%
Bilibili Inc Class ZEquity3.31 Cr1.35%
Kingsoft Corp LtdEquity3.15 Cr1.28%
BYD Electronic (International) Co LtdEquity3.12 Cr1.27%
Alibaba Health Information Technology LtdEquity2.8 Cr1.14%
SenseTime Group Inc Class BEquity1.95 Cr0.80%
China Literature Ltd Ordinary SharesEquity1.65 Cr0.67%
ZhongAn Online P&C Insurance Co Ltd Ordinary Shares - Class HEquity1.46 Cr0.59%
East Buy Holding LtdEquity1.45 Cr0.59%
Hua Hong Semiconductor Ltd Shs Unitary 144A/Reg SEquity1.37 Cr0.56%
Ping An Healthcare And Technology Co Ltd Ordinary SharesEquity0.99 Cr0.41%
NIO Inc Class AEquity0.71 Cr0.29%
TrepsCash - Repurchase Agreement0.18 Cr0.08%
Net Receivables / (Payables)Cash-0.1 Cr0.04%
Weibo Corp Class AEquity0.05 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

97.68%

Mid Cap Stocks

2.28%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Consumer Cyclical104.79 Cr42.70%
Communication Services75.02 Cr30.57%
Technology54.55 Cr22.23%
Healthcare8.03 Cr3.27%
Financial Services1.46 Cr0.59%
Consumer Defensive1.45 Cr0.59%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Siddharth Srivastava

Siddharth Srivastava

Since December 2021

Additional Scheme Detailsas of 31st March 2024

ISININF769K01HS7Expense Ratio0.60%Exit Load-Fund Size₹245 CrAge07 Dec 2021Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkHang Seng TECH Index TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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1Y
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Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth

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About the AMC

Total AUM

₹1,67,826 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1325.63 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3182.73 Cr40.3%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹6871.66 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹33618.78 Cr40.0%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹37884.61 Cr24.1%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹493.94 Cr7.6%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹106.37 Cr7.7%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8425.01 Cr22.5%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.90 Cr6.7%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1441.40 Cr100.8%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8400.93 Cr26.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.3%0.0%₹678.48 Cr35.4%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.71 Cr27.7%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹506.21 Cr50.4%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹792.36 Cr6.9%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1003.21 Cr7.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1699.82 Cr33.9%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1593.76 Cr26.8%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2488.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹72.78 Cr52.9%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹21475.97 Cr36.5%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.06 Cr7.2%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹51.08 Cr7.0%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹69.33 Cr-15.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹930.11 Cr18.4%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹60.35 Cr6.9%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.3%1.0%₹346.82 Cr38.1%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr-1.3%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹593.94 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹335.66 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹225.61 Cr7.3%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹103.03 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2235.15 Cr49.9%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.5%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr51.0%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr23.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Hang Seng TECH ETF, as of 16-Apr-2024, is ₹11.87.
The fund's allocation of assets is distributed as 99.97% in equities, 0.00% in bonds, and 0.03% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Hang Seng TECH ETF are:-
  1. Siddharth Srivastava