Mirae Asset Hang Seng TECH ETF

Fund Overview

Fund Size

₹245 Cr

Expense Ratio

0.60%

ISIN

INF769K01HS7

Minimum SIP

Exit Load

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, 7 months and 19 days, having been launched on 07-Dec-21.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹12.26, Assets Under Management (AUM) of 245.33 Crores, and an expense ratio of 0.6%.

Mirae Asset Hang Seng TECH ETF has given a CAGR return of -15.65% since inception.
The fund's asset allocation comprises around 99.75% in equities, 0.00% in debts, and 0.25% 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

-17.39%

— (Cat Avg.)

Since Inception

-15.65%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹244.72 Cr	99.75%
Others	₹0.61 Cr	0.25%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Tencent Holdings Ltd	Equity	₹20.59 Cr	8.39%
Meituan Class B	Equity	₹20.43 Cr	8.33%
Xiaomi Corp Class B	Equity	₹19.35 Cr	7.89%
Alibaba Group Holding Ltd Ordinary Shares	Equity	₹19.27 Cr	7.85%
JD.com Inc Ordinary Shares - Class A	Equity	₹18.4 Cr	7.50%
Kuaishou Technology Ordinary Shares - Class B	Equity	₹17.28 Cr	7.05%
NetEase Inc Ordinary Shares	Equity	₹14.96 Cr	6.10%
Li Auto Inc Ordinary Shares - Class A	Equity	₹14.08 Cr	5.74%
Lenovo Group Ltd	Equity	₹12.89 Cr	5.26%
Semiconductor Manufacturing International Corp	Equity	₹10.4 Cr	4.24%
Trip.com Group Ltd	Equity	₹9.3 Cr	3.79%
Haier Smart Home Co Ltd Class H	Equity	₹9.21 Cr	3.75%
Baidu Inc	Equity	₹8.75 Cr	3.57%
XPeng Inc Class A	Equity	₹6.89 Cr	2.81%
Bilibili Inc Class Z	Equity	₹5.43 Cr	2.21%
Sunny Optical Technology (Group) Co Ltd	Equity	₹4.99 Cr	2.03%
SenseTime Group Inc Class B	Equity	₹4.49 Cr	1.83%
BYD Electronic (International) Co Ltd	Equity	₹4.46 Cr	1.82%
JD Health International Inc	Equity	₹3.44 Cr	1.40%
Kingdee International Software Group Co Ltd	Equity	₹3.24 Cr	1.32%
Kingsoft Corp Ltd	Equity	₹3.07 Cr	1.25%
Alibaba Health Information Technology Ltd	Equity	₹2.93 Cr	1.19%
Tongcheng Travel Holdings Ltd	Equity	₹2.81 Cr	1.14%
Hua Hong Semiconductor Ltd Shs Unitary 144A/Reg S	Equity	₹2.1 Cr	0.85%
China Literature Ltd Ordinary Shares	Equity	₹1.68 Cr	0.69%
ZhongAn Online P&C Insurance Co Ltd Ordinary Shares - Class H	Equity	₹1.68 Cr	0.68%
Ping An Healthcare And Technology Co Ltd Ordinary Shares	Equity	₹1.02 Cr	0.42%
East Buy Holding Ltd	Equity	₹0.85 Cr	0.35%
NIO Inc Class A	Equity	₹0.68 Cr	0.28%
Net Receivables / (Payables)	Cash	₹0.45 Cr	0.18%
Treps	Cash - Repurchase Agreement	₹0.15 Cr	0.06%
Weibo Corp Class A	Equity	₹0.04 Cr	0.02%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹101.06 Cr	41.20%
Communication Services	₹71.82 Cr	29.27%
Technology	₹61.92 Cr	25.24%
Healthcare	₹7.39 Cr	3.01%
Financial Services	₹1.68 Cr	0.68%
Consumer Defensive	₹0.85 Cr	0.35%

Risk & Performance Ratios

Fund Managers

Siddharth Srivastava

Since December 2021

Additional Scheme Detailsas of 30th June 2024

ISIN

INF769K01HS7

Expense Ratio

0.60%

Exit Load

Fund Size

₹245 Cr

Age

07 Dec 2021

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Hang Seng TECH Index TR INR

Investment 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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HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹6.31 Cr	17.9%
Franklin Asian Equity Fund Regular Growth Very High Risk	2.5%	1.0%	₹244.25 Cr	8.7%
DSP Global Innovation Fund of Fund Direct Growth Very High Risk	1.2%	0.0%	₹838.03 Cr	25.7%
DSP Global Innovation Fund of Fund Regular Growth Very High Risk	2.0%	0.0%	₹838.03 Cr	24.5%
Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk	2.0%	0.0%	₹271.14 Cr	17.7%
Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk	2.2%	1.0%	₹104.32 Cr	12.2%
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ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk	2.1%	1.0%	₹308.16 Cr	9.1%

About the AMC

Mirae Asset India Mutual Fund

022-6780 0300

https://www.miraeassetmf.co.in/

Total AUM

₹1,73,546 Cr

Address

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

Other Funds by Mirae Asset India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹1524.79 Cr	-
Mirae Asset Great Consumer Fund Direct Growth Very High Risk	0.4%	1.0%	₹3751.14 Cr	38.6%
Mirae Asset Cash Management Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10728.82 Cr	7.4%
Mirae Asset Emerging Bluechip Direct Growth Very High Risk	0.6%	1.0%	₹37846.07 Cr	39.3%
Mirae Asset Large Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹39951.46 Cr	26.6%
Mirae Asset Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹616.30 Cr	7.7%
Mirae Asset Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹139.18 Cr	7.6%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹8255.25 Cr	21.0%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹146.35 Cr	7.3%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹1510.97 Cr	53.7%
Mirae Asset Hybrid Equity Fund Direct Growth Very High Risk	0.4%	1.0%	₹8962.66 Cr	26.5%
Mirae Asset Equity Allocator Fund of Fund Direct Growth Very High Risk	0.0%	0.0%	₹837.40 Cr	34.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹110.62 Cr	29.8%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹539.13 Cr	35.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹800.19 Cr	7.7%
Mirae Asset Ultra Short Duration Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1672.07 Cr	7.7%
Mirae Asset Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2072.15 Cr	30.7%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1822.75 Cr	21.3%
Mirae Asset Multicap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3120.86 Cr	-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹103.28 Cr	53.5%
Mirae Asset Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹24345.83 Cr	36.3%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹77.19 Cr	7.5%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹44.56 Cr	7.3%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹72.44 Cr	-6.9%
Mirae Asset Equity Savings Fund Direct Growth Moderately High risk	0.3%	1.0%	₹1126.87 Cr	17.6%
Mirae Asset Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹58.89 Cr	7.3%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth Very High Risk	0.3%	1.0%	₹333.10 Cr	22.2%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Very High Risk	0.2%	1.0%	₹72.13 Cr	-14.3%
Mirae Asset Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹989.80 Cr	6.9%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹336.75 Cr	7.6%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹231.20 Cr	8.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹88.92 Cr	7.4%
Mirae Asset Healthcare Fund Direct Growth Very High Risk	0.5%	1.0%	₹2312.48 Cr	45.8%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2114.07 Cr	8.7%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹16667.30 Cr	46.8%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1655.04 Cr	21.5%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Mirae Asset Hang Seng TECH ETF?

The NAV of Mirae Asset Hang Seng TECH ETF, as of 25-Jul-2024, is ₹12.26.

What is the portfolio composition of Mirae Asset Hang Seng TECH ETF?

The fund's allocation of assets is distributed as 99.75% in equities, 0.00% in bonds, and 0.25% in cash and cash equivalents.

Who manages the Mirae Asset Hang Seng TECH ETF?

The fund managers responsible for Mirae Asset Hang Seng TECH ETF are:-

Siddharth Srivastava

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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