Kotak US Specific Equity Passive FOF vs Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Kotak US Specific Equity Passive FOF (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 16 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 08 Sep 2022 – 15 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 | Kotak US Specific Equity Passive FOF | Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund | S&P 500 (₹, price) |
|---|---|---|---|
| 08 Sep 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 11 Jan 2023 | ₹93.79 | ₹104.22 | ₹101.49 |
| 16 May 2023 | ₹112.71 | ₹117.37 | ₹105.92 |
| 18 Sep 2023 | ₹128.85 | ₹136.64 | ₹116.12 |
| 20 Jan 2024 | ₹144.76 | ₹153.54 | ₹126.04 |
| 24 May 2024 | ₹159.44 | ₹168.40 | ₹138.36 |
| 26 Sep 2024 | ₹170.85 | ₹184.02 | ₹150.45 |
| 29 Jan 2025 | ₹188.55 | ₹204.72 | ₹163.76 |
| 03 Jun 2025 | ₹188.09 | ₹205.92 | ₹160.25 |
| 06 Oct 2025 | ₹225.65 | ₹266.51 | ₹187.28 |
| 07 Feb 2026 | ₹229.52 | ₹266.17 | ₹196.07 |
| 12 Jun 2026 | ₹288.12 | ₹358.39 | ₹222.86 |
| 15 Oct 2026 | ₹287.79 | ₹357.61 | ₹230.76 |
| Metric | Kotak Mahindra · Direct NAV ₹28.71 Very High risk ★★★★☆ | Mirae Asset · Direct NAV ₹34.60 Very High risk ★★★★★ | Category median FoF Overseas · 52 funds |
|---|---|---|---|
| +28.96% | +32.45%Best in row | +20.26% | |
| +31.09% | +36.97%Best in row | +23.68% | |
| +20.23% | — | +12.81% | |
| +20.39% | +35.31% | +11.43% | |
| +28.15% | — | — | |
| +23.94% | +37.44%Best in row | +12.51% | |
| +20.39% | — | +9.67% | |
| Risk | |||
| 19.65%Best in row | 26.00% | 18.46% | |
| 1.25Best in row | 1.17 | 0.99 | |
| 1.82Best in row | 1.73 | 1.44 | |
| -29.12% | -27.24% | -29.03% | |
| S&P 500 (₹, price) | — | — | |
| +2.35% | — | -0.30% | |
| 1.21 | — | 1.10 | |
| 113.2% | — | 102.3% | |
| 85.5% | — | 104.8% | |
| 0.34% | 0.11%Best in row | 0.58% | |
| ₹4,500Cr | ₹470.20Cr | ₹353.14Cr | |
| None | Up to 1.00% | — | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹5.00K | — | |
| Abhishek Bisen · 5.7y | Siddharth Srivastava | — | |
| 02 Feb 2021 | 07 Sep 2022 | — | |
| — | 1 | — | |
| — | 100.0% | — | |
| 0.0% | — | — | |
4 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Lock-in
- None
- Portfolio turnover
- 0%
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 — Kotak US Specific Equity Passive FOF 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 +36.97% CAGR against Kotak US Specific Equity Passive FOF's +31.09%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Kotak US Specific Equity Passive FOF 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: Kotak US Specific Equity Passive FOF charges 0.34% 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 — Kotak US Specific Equity Passive FOF or Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund has shown higher volatility (+26.00% annualized vs Kotak US Specific Equity Passive FOF's +19.65%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Kotak US Specific Equity Passive FOF -23.38% vs Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund -27.24%.
Which fund manages more money — Kotak US Specific Equity Passive FOF or Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
Kotak US Specific Equity Passive FOF is the larger fund: Kotak US Specific Equity Passive FOF manages ₹4,500Cr 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 Kotak US Specific Equity Passive FOF 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.