Edelweiss US Technology Equity Fund of Fund vs Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Edelweiss US Technology Equity Fund of Fund (Direct) and Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are FoF Overseas schemes — see the best international fund of funds for the full ranking.
Head to head
NAVs as of 06 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 08 Sep 2022 – 06 Oct 2026, limited by Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Edelweiss US Technology Equity Fund of Fund | Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund | S&P 500 (₹, price) |
|---|---|---|---|
| 08 Sep 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 10 Jan 2023 | ₹92.86 | ₹104.17 | ₹100.87 |
| 14 May 2023 | ₹110.09 | ₹114.98 | ₹106.03 |
| 15 Sep 2023 | ₹132.87 | ₹136.92 | ₹115.72 |
| 17 Jan 2024 | ₹146.10 | ₹148.85 | ₹123.32 |
| 20 May 2024 | ₹166.81 | ₹168.64 | ₹138.50 |
| 22 Sep 2024 | ₹170.90 | ₹176.62 | ₹149.32 |
| 24 Jan 2025 | ₹216.19 | ₹207.07 | ₹165.16 |
| 28 May 2025 | ₹200.31 | ₹204.26 | ₹157.46 |
| 29 Sep 2025 | ₹241.40 | ₹255.18 | ₹185.04 |
| 31 Jan 2026 | ₹247.50 | ₹280.74 | ₹199.45 |
| 04 Jun 2026 | ₹304.08 | ₹382.58 | ₹227.52 |
| 06 Oct 2026 | ₹314.86 | ₹379.51 | ₹234.55 |
| Metric | Edelweiss · Direct NAV ₹44.29 Very High risk ★★★★☆ | Mirae Asset · Direct NAV ₹37.96 Very High risk ★★★★★ | Category median FoF Overseas · 52 funds |
|---|---|---|---|
| +26.09% | +42.40%Best in row | +24.15% | |
| +35.62% | +41.35%Best in row | +27.17% | |
| +18.68% | — | +14.27% | |
| +26.86% | +38.70% | +12.17% | |
| +30.79% | +42.40%Best in row | — | |
| +19.31% | +37.94%Best in row | +12.44% | |
| +16.59% | — | +9.73% | |
| Risk | |||
| 27.89% | 25.85%Best in row | 18.31% | |
| 1.04 | 1.35Best in row | 1.15 | |
| 1.46 | 2.00Best in row | 1.70 | |
| -45.31% | -27.24% | -29.03% | |
| S&P 500 (₹, price) | — | — | |
| -6.40% | — | -0.30% | |
| 1.71 | — | 1.10 | |
| 131.4% | — | 102.3% | |
| 167.8% | — | 104.8% | |
| 0.72% | 0.11%Best in row | 0.58% | |
| ₹4,365Cr | ₹470.20Cr | ₹353.14Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹5.00K | — | |
| — | 0% | 0% | |
| Bhavesh Jain · 6.6y | Siddharth Srivastava | — | |
| 09 Mar 2020 | 08 Sep 2022 | — | |
| — | 1 | — | |
| — | 99.8% | — | |
| 4.6% | 0.2% | — | |
4 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Exit load
- Up to 1.00%
- Lock-in
- None
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Edelweiss US Technology Equity Fund of Fund or Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
Over the last 3 years, Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund returned +41.35% CAGR against Edelweiss US Technology Equity Fund of Fund's +35.62%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Edelweiss US Technology Equity Fund of Fund or Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund has the lower expense ratio: Edelweiss US Technology Equity Fund of Fund charges 0.72% a year against Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's 0.11%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Edelweiss US Technology Equity Fund of Fund or Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
Edelweiss US Technology Equity Fund of Fund has shown higher volatility (+27.89% annualized vs Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's +25.85%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Edelweiss US Technology Equity Fund of Fund -31.51% vs Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund -27.24%.
Which fund manages more money — Edelweiss US Technology Equity Fund of Fund or Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
Edelweiss US Technology Equity Fund of Fund is the larger fund: Edelweiss US Technology Equity Fund of Fund manages ₹4,365Cr against Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's ₹470.20Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Edelweiss US Technology Equity Fund of Fund and Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund in the same category?
Yes — both are FoF Overseas schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.