FoFFoF OverseasRegularGrowthVery High

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund

Q: What is the NAV of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?

As of 01 Oct 2026, the NAV of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund is ₹36.77 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What does the Sharpe ratio of 1.33 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's 1.33 means it has rewarded its volatility with excess return. Higher is better.

Mirae Asset Mutual Fund · Best International Fund of Funds

NAV

₹36.77

+0.79% 1D

as of 01 Oct 2026

This is the Regular plan of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+43.21%CAGR

52-week rangePrev NAV ₹36.48

Latest ₹36.77

Low ₹24.5685th percentile of its 52-week rangeHigh ₹38.96

Scorecard

★★★★☆4/5 vs 47 of 50 FoF Overseas 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 Overseas (same plan and option). 47 of the 50 FoF Overseas funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +40.81% · ranks 2 of 46 FoF Overseas funds

RiskHigh

Volatility 25.8% vs 17.7% category avg

CostLow

0.3% expense vs 1.3% category avg

ConsistencyHigh

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

Ahead of the FoF Overseas average on 1M/3M/6M/1Y — 1Y by 21.25pp
3-year return (+40.81%) beats the FoF Overseas average (+23.98%)
Ranks #3 of 50 on 1-year return in its FoF Overseas cohort
Stronger risk-adjusted returns — Sharpe 1.33 vs 0.92 FoF Overseas average
Low expense ratio (0.26%) vs the FoF Overseas average of 1.25%

Concerns

More volatile than its FoF Overseas peers (25.8% vs 17.7%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.26%

Category 1.25%▼0.99%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

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

1.33

Category 0.92▲0.41

Scheme Info

Definitions

Plan

Regular · Growth

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

None

Entry Load: Nil Exit Load 1% If redeemed within 1 year (365 Days) from the date of allotment Exit Load: Nil If redeemed after 365 days from the date of allotment.

Up to 1.00%

tiered — see the full terms

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

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Indxx Artificial Intelligence & Big Data 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.

08 Sep 2022

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

Definitions

Absolute return over the last 1 month (not annualized)

+5.34%

Absolute return over the last 3 months (not annualized)

+4.51%

Absolute return over the last 6 months (not annualized)

+40.42%

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

+37.45%

Annualized returns (≥1Y — CAGR)

Definitions

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

+42.06%

3-year annualized return (CAGR)

+40.81%

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.

+37.77%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

25.78%

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

1.33

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

1.97

Largest peak-to-trough decline over full history

-27.25%

Benchmark ratios

Not shown for FoF 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 (FoF Overseas)

Period	Fund	Category avg.	Diff
1M abs	+5.34%	+0.09%	+5.25%
3M abs	+4.51%	+0.52%	+3.99%
6M abs	+40.42%	+12.98%	+27.44%
1Y CAGR	+42.06%	+20.81%	+21.25%
3Y CAGR	+40.81%	+23.98%	+16.83%
5Y CAGR	—	+12.25%	—

Category average across peers in FoF Overseas (up to 50 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.

Category rank

Vs 50 peers in FoF Overseas

1Y return

+42.06%

Beats 95.9% · rank #3

3Y return

+40.81%

Beats 97.8% · rank #2

5Y return

—

Sharpe

1.33

Beats 88.9% · rank #6

Sortino

1.97

Beats 86.7% · rank #7

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

₹6.38L

Absolute

+77.24%

XIRR

+43.23%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund, 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	+37.45%
2025	+37.85%
2024	+27.41%
2023	+55.25%
2022part	-1.92%

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

966

Expense ratio

0.26%

AUM

₹378.26Cr

Portfolio turnover

Exit load

Entry Load: Nil Exit Load 1% If redeemed within 1 year (365 Days) from the date of allotment Exit Load: Nil If redeemed after 365 days from the date of allotment.

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

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 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years 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 · FoF Overseas

Compare all


Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of FundThis fund Mirae Asset · Regular · Growth	★★★★☆	+42.06%	+40.81%	—	—	0.26%	—
DSP World Gold Mining Overseas Equity Omni FoF DSP · Regular · Growth	★★☆☆☆	+27.61%	+55.55%	+29.52%	—	2.31%	₹1,695Cr
Navi NASDAQ100 US Specific Equity Passive FOF Navi · Regular · Growth	★★★★★	+33.62%	+33.89%	—	—	0.35%	₹1,208Cr
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund ICICI Prudential · Regular · Growth	★★★★★	+47.59%	+33.78%	—	—	0.98%	₹280.94Cr
Kotak US Specific Equity Passive FOF Kotak Mahindra · Regular · Growth	★★★★☆	+32.39%	+33.20%	+21.29%	—	0.72%	₹4,327Cr
Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund Invesco · Regular · Growth	★★★★★	+32.70%	+33.03%	—	—	0.69%	₹458.34Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.76%
Cash & Equivalents0.24%

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.

-27.3%18 Feb 2025 → 08 Apr 2025
Fell over 2 months, back to the old high on 26 Jun 2025 — 3 months under water after the low.
-19.7%02 Jun 2026 → 29 Jul 2026
Still below that high — 2 months down, and no recovery yet.
-13.8%28 Jan 2026 → 30 Mar 2026
Fell over 2 months, back to the old high on 15 Apr 2026 — 16 days 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.

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 SrivastavaStart date not disclosed

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

Global X Artificial Intelligence & Technology ETF

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.

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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 Global X Artificial Intelligence & Technology ETF Fund of Fund?

As of 01 Oct 2026, the NAV of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund is ₹36.77 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund delivered?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund has returned +42.06% over 1 year, +40.81% per year over 3 years and +37.77% 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 Global X Artificial Intelligence & Technology ETF Fund of Fund?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund charges an expense ratio of 0.26% 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 Global X Artificial Intelligence & Technology ETF Fund of Fund?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's largest holdings are Global X Artificial Intelligence & Technology ETF (99.8%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 25.8% and its worst peak-to-trough fall in our sample was -27.3%. 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 1.33 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's 1.33 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund is benchmarked against the Indxx Artificial Intelligence & Big Data Index (TRI) (INR). Its alpha and beta on this page are measured against that index.

Who manages Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund is managed by Siddharth Srivastava at Mirae Asset.

How is Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund taxed?

Mirae Asset Global X Artificial Intelligence & Technology 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.