Mirae Asset Hang Seng TECH ETF Fund of Fund
NAV history
Scorecard
★★★☆☆3/5 vs 75 of 150 FoF Domestic 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 within FoF Domestic (same plan and option). 75 of the 150 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +17.10% · ranks 33 of 150 FoF Domestic funds
Volatility 34.7% vs 18.0% category avg
0.0% expense vs 0.2% category avg
100% 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
- Low expense ratio (0.02%) vs the FoF Domestic average of 0.21%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Trails the FoF Domestic average on 1M/3M/6M/1Y — 1Y by 34.75pp
- 3-year return (+17.10%) trails the FoF Domestic average (+21.45%)
- Weaker risk-adjusted returns — Sharpe 0.31 below the FoF Domestic average of 0.77
- More volatile than its FoF Domestic peers (34.7% vs 18.0%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for FoF Domestic — 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 (FoF Domestic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.94% | +4.33% | -5.27% |
| 3M abs | -3.16% | +1.19% | -4.35% |
| 6M abs | -6.86% | +2.89% | -9.75% |
| 1Y CAGR | -6.50% | +28.25% | -34.75% |
| 3Y CAGR | +17.10% | +21.45% | -4.35% |
| 5Y CAGR | — | +14.53% | — |
Category average across peers in FoF Domestic (148 of 150 carry a figure for at least one period), 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.
Category rank
Vs 150 peers in FoF Domestic
Rolling returns
Return for every possible 1Y holding period, not just today’s
45 overlapping 1Y windows, sampled monthly across the fund’s history.
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.
- -47.8%09 Dec 2021 → 31 Oct 2022
Fell over 11 months, back to the old high on 03 Oct 2024 — 1.9 years under water after the low.
- -37.4%06 Oct 2025 → 30 Jun 2026
Still below that high — 9 months down, and no recovery yet.
- -29.2%11 Mar 2025 → 07 Apr 2025
Fell over 27 days, back to the old high on 11 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.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | -8.87% | |
| 2025 | +37.13% | |
| 2024 | +32.67% | |
| 2023 | -5.64% | |
| 2022 | -18.19% | |
| 2021part | -7.73% |
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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into Mirae Asset Hang Seng TECH ETF Fund of Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as non-equityThis 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 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.
Added to your income at your slab rate
No indexation, no ₹1.25 L exemption
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.
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Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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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.
Frequently asked questions
What is the NAV of Mirae Asset Hang Seng TECH ETF Fund of Fund?
As of 20 Aug 2026, the NAV of Mirae Asset Hang Seng TECH ETF Fund of Fund is ₹12.04 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 Fund of Fund delivered?
Mirae Asset Hang Seng TECH ETF Fund of Fund has returned -6.50% over 1 year, +17.10% per year over 3 years and +3.60% 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 Fund of Fund?
Mirae Asset Hang Seng TECH ETF Fund of Fund charges an expense ratio of 0.02% 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 Fund of Fund?
Its largest holdings are Mirae Asset Hang Seng TECH ETF Regular - Growth (99.9%). Holdings are disclosed monthly and change over time.
How risky is Mirae Asset Hang Seng TECH ETF Fund of Fund?
It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 34.7% and its worst peak-to-trough fall in our sample was -47.8%. 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 0.31 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 Fund of Fund's 0.31 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Mirae Asset Hang Seng TECH ETF Fund of Fund?
Mirae Asset Hang Seng TECH ETF Fund of Fund is benchmarked against the Hang Seng TECH Total Return Index. Its alpha and beta on this page are measured against that index.
Who manages Mirae Asset Hang Seng TECH ETF Fund of Fund?
Mirae Asset Hang Seng TECH ETF Fund of Fund is managed by Ekta Gala and Akshay Udeshi at Mirae Asset.
How is Mirae Asset Hang Seng TECH ETF Fund of Fund taxed?
Mirae Asset Hang Seng TECH ETF Fund of Fund 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 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.