Mirae Asset Hang Seng TECH ETF (G)

Mirae Asset Hang Seng TECH ETF (G) is an Exchange Traded Fund which is benchmarked to Hang Seng TECH Index TR INR. Mirae Asset Hang Seng TECH ETF (G) is managed by the Mirae Asset Investment Managers (India) Private Limited with the fund managers being Siddharth Srivastava. The Mirae Asset Hang Seng TECH ETF (G) was launched on Dec 07, 2021 with no lock-in period. Since its inception, the fund has delivered -11.6% as a return on investment. The fund has delivered a 1-year return of 5.7%, a 3-year return of null%, and a 5-year return of null%.

As on 7 May, 2024 the NAV of the fund is Rs 13.94 and the AUM is Rs 245.38 crores. The fund charges an expense ratio of 0.6% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to Hang Seng TECH Index TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Mirae Asset Hang Seng TECH ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Mirae Asset Hang Seng TECH ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.