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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

#78 of 101 (1Y)

NAV

₹11.7800

as of 17 Jun 2026

Expense Ratio

0.53%

AUM

₹41 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+4.59%
3Y
+16.30%
5Y
Since Inception
+3.69%

SIP returns (XIRR)

1Y
-10.75%
3Y
+17.26%
5Y
Since Inception
+13.87%

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹37,242

Benchmark

₹31,372

+₹5,870 extra wealth vs the benchmark index

Backtest this SIP yourself

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹27,000

Invested

₹37,242

Value today

14.7%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,186

Value today

3.9%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹9,54,941

Value today

+34.2%

vs lumpsum

STP beat direct lumpsum by 34.2% — reduced timing risk paid off

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

0.45

Sharpe Ratio

+0.30

Alpha

0.24

Beta

0.47

Sortino

37.74%

Std Dev

-36.66%

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 ₹40.8 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