Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
NAV as on 26-03-2025
₹ 12.11
▲4.6%
1D
Inception Returns
6%
/yr
Historical NAV & Returns
About Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth is an equity fund. This fund was started on 8 December, 2021. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has ₹103 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has given a CAGR return of 5.97% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 90.21% and 17.22% respectively.
Holdings
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Communication, Health, Financial Services, Consumer Defensive. Its top holdings are Mirae Asset Hang Seng TECH ETF
Taxation
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Hang Seng TECH ETF. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 5000.00. Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has no lock in period.
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Overview
| Expense ratio | 0.65% |
Benchmark | Hang Seng TECH Index TR INR |
| AUM | ₹103 Cr |
| Inception Date | 8 December, 2021 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 7.52% |
| STCG | If held for less than 24 months - slab rates. |
| LTCG | If held for more than 24 months - 12.5% without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (26-Mar-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mirae Asset Hang Seng TECH ETF | 99.6% | -4.1% |
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹103 Cr
Expense Ratio 0.65%
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Frequently Asked Questions for Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.77% | -6.77% |
6 Month Returns | 53.78% | 53.78% |
1 Year Returns | 90.21% | 90.21% |
3 Years Returns | 61.06% | 17.22% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth | 1.66 | 0.37 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth | 41.96 | 40.61 | - |