Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
This is the Direct plan of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★★★5/5 vs 47 of 51 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 51 FoF Overseas funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +41.00% · ranks 2 of 47 FoF Overseas funds
Volatility 25.8% vs 17.6% category avg
0.1% expense vs 0.6% 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
- Ahead of the FoF Overseas average on 1M/3M/6M/1Y — 1Y by 20.76pp
- 3-year return (+41.00%) beats the FoF Overseas average (+24.95%)
- Ranks #3 of 51 on 1-year return in its FoF Overseas cohort
- Stronger risk-adjusted returns — Sharpe 1.34 vs 0.98 FoF Overseas average
- Low expense ratio (0.11%) vs the FoF Overseas average of 0.64%
Concerns
- More volatile than its FoF Overseas peers (25.8% vs 17.6%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (FoF Overseas)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +5.35% | +0.17% | +5.18% |
| 3M abs | +4.55% | +0.78% | +3.77% |
| 6M abs | +40.51% | +13.34% | +27.17% |
| 1Y CAGR | +42.26% | +21.50% | +20.76% |
| 3Y CAGR | +41.00% | +24.95% | +16.05% |
| 5Y CAGR | — | +13.24% | — |
Category average across peers in FoF Overseas (up to 51 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 51 peers in FoF Overseas
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 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 | +37.59% | |
| 2025 | +38.05% | |
| 2024 | +27.58% | |
| 2023 | +55.55% | |
| 2022part | -1.84% |
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.
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.76%
- Cash & Equivalents0.24%
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.
Fund Managers
SSSiddharth SrivastavaStart date not disclosed
Head – ETF Product and Fund Manager
MBA (Tech), BTech
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.
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
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.
From the blog
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 ₹37.01 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 +42.26% over 1 year, +41.00% per year over 3 years and +37.99% 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 0.11% 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 -27.2%. 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 1.34 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 1.34 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.