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Mirae Asset Hang Seng TECH ETF

Q: What is the NAV of Mirae Asset Hang Seng TECH ETF?

As of 05 Oct 2026, the NAV of Mirae Asset Hang Seng TECH ETF is ₹17.28 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Mirae Asset Hang Seng TECH ETF delivered?

Mirae Asset Hang Seng TECH ETF has returned -31.60% over 1 year, +9.14% per year over 3 years and -2.14% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF charges an expense ratio of 0.65% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF's largest holdings are Netease Inc (8.6%), Tencent Holdings Ltd. (8.3%), Xiaomi Corporation (8.3%), Meituan (8.2%) and BYD Co Ltd. (8.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 33.6% and its worst peak-to-trough fall in our sample was -49.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Hang Seng TECH ETF's 0.08 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF is benchmarked against the Hang Seng TECH Index (TRI) (INR). Its alpha and beta on this page are measured against that index.

Q: Who manages Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF is managed by Siddharth Srivastava at Mirae Asset.

Q: How is Mirae Asset Hang Seng TECH ETF taxed?

Mirae Asset Hang Seng TECH ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.

Mirae Asset Mutual Fund

NAV

₹17.28

-1.18% 1D

as of 05 Oct 2026

Compare SIP calculator

NAV history

-30.96%absolute

52-week rangePrev NAV ₹17.49

Latest ₹17.28

Low ₹17.280th percentile of its 52-week rangeHigh ₹25.03

Scorecard

★☆☆☆☆1/5 vs 41 ETF peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked against all ETF funds (same plan and option) — too few funds in its own sub-category to rank within it.

Performance—

Not enough ETFs investing overseas peers to rank yet

Risk—

Volatility 33.6% (no category average yet)

Cost—

0.7% expense (no category average yet)

ConsistencyHigh

96% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 96% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.65%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings — still warming up, reload in a moment for full coverage

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.08

Category —

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Hang Seng TECH Index (TRI) (INR)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

07 Dec 2021

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.81%

Absolute return over the last 3 months (not annualized)

-5.82%

Absolute return over the last 6 months (not annualized)

-7.07%

Absolute return since 1 Jan of this year (not annualized)

-18.98%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-31.60%

3-year annualized return (CAGR)

+9.14%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-2.14%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

33.63%

Excess return per unit of total volatility (rf = 6.5%)

0.08

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.11

Largest peak-to-trough decline over full history

-49.77%

Benchmark ratios

Not shown for ETFs investing overseas — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (ETFs investing overseas)

Period	Fund	Category avg.	Diff
1M abs	-6.81%	—	—
3M abs	-5.82%	—	—
6M abs	-7.07%	—	—
1Y CAGR	-31.60%	—	—
3Y CAGR	+9.14%	—	—
5Y CAGR	—	—	—

Category average across peers in ETFs investing overseas (up to 1 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.73L

Absolute

+3.60%

XIRR

+2.44%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Mirae Asset Hang Seng TECH ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	-18.98%
2025	+29.81%
2024	+23.20%
2023	-8.51%
2022	-18.77%
2021part	-6.45%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,134

Expense ratio

0.65%

AUM

₹378.82Cr

Portfolio turnover

22%

Exit load

NIL

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 1 year get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 1 year

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 1 year or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · ETFs investing overseas

Compare all


Mirae Asset Hang Seng TECH ETFThis fund Mirae Asset	★☆☆☆☆ CAT	-31.60%	+9.14%	—	—	0.65%	₹378.82Cr
Mirae Asset NYSE FANG+ ETF Mirae Asset	★★★★☆ CAT	+29.59%	+43.69%	+28.52%	—	0.66%	₹3,820Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.91%
Cash & Equivalents0.09%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Nippon India ETF Hang Seng BeES Nippon India · Other ETFs	32.2%	—	0.96%	+20.21%
Franklin Asian Equity Fund Franklin Templeton · Sectoral/ Thematic	5.4%	★★★☆☆	1.21%	+25.00%
DSP Value Fund DSP · Value Fund	2.9% of 80% equity	★★★★★	1.55%	+15.37%
DSP Multi Asset Allocation Fund DSP · Multi Asset Allocation	2.6% of 49% equity	★★★★★	0.63%	+17.42%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-49.8%09 Dec 2021 → 28 Oct 2022
Fell over 11 months, back to the old high on 10 Feb 2025 — 2.3 years under water after the low.
-31.7%03 Oct 2025 → 05 Oct 2026
Still below that high — 12 months down, and no recovery yet.
-28.4%06 Mar 2025 → 07 Apr 2025
Fell over 32 days, back to the old high on 12 Sep 2025 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹378.82Cr

April - June 2026

-7%

since January - March 2026

−₹17.12Cr

est. net flow, last quarter

Down +7% from its peak of ₹405.78Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.

Launched

29 Nov 2007

Total AUM

₹2,37,421Cr+5.5% QoQ

Avg AUM · July - September 2026

Website

miraeassetmf.co.in

Fund Managers

SSSiddharth SrivastavaManaging since 06 Dec 2021

Role

Head – ETF Product and Fund Manager

Education

MBA (Tech), BTech

Experience

Mr. Srivastava has more than 15 years of experience in the field of financial services and stock markets. He has been associated with Mirae Asset Investment Managers (India) st Private Limited from 1 January 2020 till date with overall responsibilities of leading passive investment products. He has been associated with Mirae Asset Global Investments (India) th st Private Limited from 17 Oct, 2018 – 31 December 2019 with overall responsibilities of leading passive investment products of the company. Prior to this assignment, he was Senior Manager at NSE Indices Limited from Sep 2014 – Oct 2018 and was associated as Senior Associate at Morgan Stanley Capital International from Nov 2010 – Aug 2014.

Funds managed (6)

All schemes Siddharth Srivastava runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Siddharth Srivastava

Top holdings

Netease Inc Tencent Holdings Ltd.Xiaomi Corporation Meituan BYD Co Ltd.Alibaba Group HoldingLtd.Semiconductor Manufacturing International Corp Lenovo Group Ltd.JD.com Inc Baidu Inc Kuaishou Technology Trip.com Group Ltd.

Mirae Asset in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Mirae Asset Hang Seng TECH ETF?

As of 05 Oct 2026, the NAV of Mirae Asset Hang Seng TECH ETF is ₹17.28 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Hang Seng TECH ETF delivered?

Mirae Asset Hang Seng TECH ETF has returned -31.60% over 1 year, +9.14% per year over 3 years and -2.14% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF charges an expense ratio of 0.65% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF's largest holdings are Netease Inc (8.6%), Tencent Holdings Ltd. (8.3%), Xiaomi Corporation (8.3%), Meituan (8.2%) and BYD Co Ltd. (8.0%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 33.6% and its worst peak-to-trough fall in our sample was -49.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.08 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Hang Seng TECH ETF's 0.08 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF is benchmarked against the Hang Seng TECH Index (TRI) (INR). Its alpha and beta on this page are measured against that index.

Who manages Mirae Asset Hang Seng TECH ETF?

Mirae Asset Hang Seng TECH ETF is managed by Siddharth Srivastava at Mirae Asset.

How is Mirae Asset Hang Seng TECH ETF taxed?

Mirae Asset Hang Seng TECH ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.