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Fund of Funds (Domestic)📊 NIFTY 50 TRI(SEBI default)

Mirae Asset Hang Seng TECH ETF Fund of Fund · Regular · Growth

Mirae Asset Mutual Fund

#101 of 106 (1Y)

NAV

₹12.0240

as of 31 Jul 2026

Expense Ratio

0.53%

AUM

₹38 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
-0.18%
3Y
+13.06%
5Y
Since Inception
+4.05%

SIP returns (XIRR)

1Y
-6.55%
3Y
+17.34%
5Y
Since Inception
+14.12%

What history actually did — last 4 years (Aug 2022 – Jul 2026)

A ₹5,000 monthly SIP for the last 4 years (Aug 2022 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹3,24,088 today ₹2,35,000 invested, 16.8% XIRR.

₹2,35,000

Invested

₹3,24,088

Value today

16.8%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 4 years (Aug 2022 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 4 years ago would be ₹1,63,192 today (13.0% CAGR).

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹3,24,088 in this fund vs ₹2,69,589 in the benchmark — outperformance of ₹54,499.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 4 years (Aug 2022 – Jul 2026) (3 Jun 2024) would be ₹1,65,324 today (1.65×).

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

0.55

Sharpe Ratio

+0.35

Alpha

0.24

Beta

0.57

Sortino

38.06%

Std Dev

-37.61%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryFund of Funds (Domestic)
BenchmarkNIFTY 50 TRI ✓
Launch Date08 Dec 2021
AMFI Code149380
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed within 3 months from the date of allotment 0.50% If redeemed after 3 months from the date of allotment NIL

Available transactions

RedeemSWPSwitchSTPDemat

Investment Objective

Mirae Asset Hang Seng TECH ETF Fund of Fund · Regular · Growth by Mirae Asset Mutual Fund is a Fund of Funds (Domestic) 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 (Domestic) category.

About This Fund

Mirae Asset Hang Seng TECH ETF Fund of Fund · Regular · Growth is a Fund of Funds (Domestic) mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹37.6 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 TRI. The current expense ratio is 0.53%.

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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