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Fund of Funds (Overseas)📊 Respective Overseas Benchmark(SEBI default)

Mirae Asset Global Electric and Autonomous Vehicles Equity Passive FoF · Regular · Growth

Mirae Asset Mutual Fund

#6 of 51 (1Y)

NAV

₹15.6130

as of 31 Jul 2026

Expense Ratio

0.54%

AUM

₹74 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+51.00%
3Y
+11.31%
5Y
Since Inception
+12.11%

SIP returns (XIRR)

1Y
+25.31%
3Y
+25.19%
5Y
Since Inception
+20.65%

What history actually did — last 3 years (Aug 2023 – Jul 2026)

A ₹5,000 monthly SIP for the last 3 years (Aug 2023 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹2,53,914 today ₹1,75,000 invested, 27.0% XIRR.

₹1,75,000

Invested

₹2,53,914

Value today

27.0%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 3 years (Aug 2023 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 3 years ago would be ₹1,40,658 today (12.1% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 3 years (Aug 2023 – Jul 2026) (3 Jun 2024) would be ₹1,59,479 today (1.59×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.92

Sharpe Ratio

Alpha

Beta

0.91

Sortino

33.04%

Std Dev

-24.60%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Overseas)
BenchmarkRespective Overseas Benchmark
Launch Date07 Sept 2022
AMFI Code150594
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed within 365 days from the date of allotment: 1%,If redeemed after 365 days from the date of allotment: NIL.

Available transactions

RedeemSWPSwitchSTPDemat

Investment Objective

Mirae Asset Global Electric and Autonomous Vehicles Equity Passive FoF · Regular · Growth by Mirae Asset Mutual Fund is a Fund of Funds (Overseas) fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Fund of Funds (Overseas) category.

About This Fund

Mirae Asset Global Electric and Autonomous Vehicles Equity Passive FoF · Regular · Growth is a Fund of Funds (Overseas) mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹73.5 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Overseas Benchmark. The current expense ratio is 0.54%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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