Mirae Asset Hang Seng TECH ETF
EquityGlobal - OtherVery High Risk
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹315 Cr
Expense Ratio
0.60%
ISIN
INF769K01HS7
Minimum SIP
-
Exit Load
-
Inception Date
07 Dec 2021
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹15.79, Assets Under Management (AUM) of 314.65 Crores, and an expense ratio of 0.6%.
- Mirae Asset Hang Seng TECH ETF has given a CAGR return of -6.38% since inception.
- The fund's asset allocation comprises around 99.97% in equities, 0.00% in debts, and 0.03% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.10%
— (Cat Avg.)
Since Inception
-6.38%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹314.57 Cr | 99.97% |
| Others | ₹0.08 Cr | 0.03% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Meituan Class B | Equity | ₹30.07 Cr | 9.56% |
| JD.com Inc Ordinary Shares - Class A | Equity | ₹29.03 Cr | 9.23% |
| Xiaomi Corp Class B | Equity | ₹27.26 Cr | 8.66% |
| Alibaba Group Holding Ltd Ordinary Shares | Equity | ₹23.11 Cr | 7.35% |
| Li Auto Inc Ordinary Shares - Class A | Equity | ₹22.31 Cr | 7.09% |
| Kuaishou Technology Ordinary Shares - Class B | Equity | ₹20.99 Cr | 6.67% |
| Tencent Holdings Ltd | Equity | ₹20.95 Cr | 6.66% |
| Semiconductor Manufacturing International Corp | Equity | ₹17.07 Cr | 5.42% |
| Trip.com Group Ltd | Equity | ₹12.89 Cr | 4.10% |
| NetEase Inc Ordinary Shares | Equity | ₹12.88 Cr | 4.09% |
| Lenovo Group Ltd | Equity | ₹12.52 Cr | 3.98% |
| XPeng Inc Class A | Equity | ₹10.93 Cr | 3.48% |
| Haier Smart Home Co Ltd Class H | Equity | ₹10.34 Cr | 3.28% |
| Baidu Inc | Equity | ₹9.5 Cr | 3.02% |
| Bilibili Inc Class Z | Equity | ₹7.58 Cr | 2.41% |
| Sunny Optical Technology (Group) Co Ltd | Equity | ₹5.84 Cr | 1.86% |
| SenseTime Group Inc Class B | Equity | ₹5.5 Cr | 1.75% |
| JD Health International Inc | Equity | ₹4.67 Cr | 1.49% |
| ASMPT Ltd | Equity | ₹4.24 Cr | 1.35% |
| BYD Electronic (International) Co Ltd | Equity | ₹3.98 Cr | 1.27% |
| Alibaba Health Information Technology Ltd | Equity | ₹3.81 Cr | 1.21% |
| Kingsoft Corp Ltd | Equity | ₹3.8 Cr | 1.21% |
| Kingdee International Software Group Co Ltd | Equity | ₹3.74 Cr | 1.19% |
| Tongcheng Travel Holdings Ltd | Equity | ₹3.69 Cr | 1.17% |
| Hua Hong Semiconductor Ltd Shs Unitary 144A/Reg S | Equity | ₹2.15 Cr | 0.68% |
| China Literature Ltd Ordinary Shares | Equity | ₹1.96 Cr | 0.62% |
| ZhongAn Online P&C Insurance Co Ltd Ordinary Shares - Class H | Equity | ₹1.8 Cr | 0.57% |
| East Buy Holding Ltd | Equity | ₹1.03 Cr | 0.33% |
| NIO Inc Class A | Equity | ₹0.86 Cr | 0.27% |
| Treps | Cash - Repurchase Agreement | ₹0.22 Cr | 0.07% |
| Net Receivables / (Payables) | Cash | ₹-0.13 Cr | 0.04% |
| Weibo Corp Class A | Equity | ₹0.05 Cr | 0.02% |
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹143.24 Cr | 45.52% |
| Technology | ₹82.31 Cr | 26.16% |
| Communication Services | ₹77.7 Cr | 24.69% |
| Healthcare | ₹8.48 Cr | 2.70% |
| Financial Services | ₹1.8 Cr | 0.57% |
| Consumer Defensive | ₹1.03 Cr | 0.33% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Siddharth Srivastava
Since December 2021
Additional Scheme Detailsas of 31st October 2024
ISIN INF769K01HS7 | Expense Ratio 0.60% | Exit Load - | Fund Size ₹315 Cr | Age 2 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Hang Seng TECH Index TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
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|---|---|---|---|---|
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| HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk | 1.7% | 1.0% | ₹7.62 Cr | 22.2% |
| Franklin Asian Equity Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹250.36 Cr | 14.6% |
| DSP Global Innovation Fund of Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹881.85 Cr | 28.5% |
| DSP Global Innovation Fund of Fund Regular Growth Very High Risk | 2.0% | 0.0% | ₹881.85 Cr | 27.4% |
| Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹237.73 Cr | 25.5% |
| Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹121.56 Cr | 26.7% |
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| ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk | 2.0% | 1.0% | ₹322.51 Cr | 20.0% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,057 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Siddharth Srivastava
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