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 Ritesh Patel, Ekta Gala. The fund could potentially beat inflation in the long-run.

1. Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has ₹88 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has given a CAGR return of 7.48% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 86.89% and 20.29% respectively.

Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Communication, Tech, Health. Its top holdings are Mirae Asset Hang Seng TECH ETF

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has no lock in period.