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Mirae Asset Hang Seng TECH ETF Fund of Fund - Direct Plan - Growth

Mirae Asset · Scheme 149381

11.98 0.69%NAV · 2026-09-18
40
Weak FundScore
Start SIP
AUM
Expense ratio
3Y CAGR
16.9%
Risk level
Very High
Min SIP
Benchmark
Underlying index
Below average · 40/100

Lags peers on our factors — weigh the risks carefully.

🎯 Best held for the long term (5+ years) as part of a diversified portfolio.

📈 Why it could do well

  • Compounding well recently — 16.9% CAGR over 3 years.
  • 3Y CAGR: +16.9%
  • Positive 3Y windows: 93% of rolling 3Y windows positive
  • Return stability: rolling-return std 8.1%

📉 What could drag it down

  • Down 8.3% over the last year — currently out of favour.
  • Weak risk-adjusted returns (Sharpe 0.11) — took on risk without enough payoff.
  • Can fall sharply — dropped 48% in its worst stretch. Stomach needed.
  • High volatility (37% a year) — expect big swings up and down.
  • 3Y CAGR vs category: -3.3% vs category avg
  • 1Y return: -8.3%

FundScore breakdown

40/100 · Weak
How it works →
35
Returns
Weak
66
Consistency
Decent
0
Risk-adjusted
Weak
17
Downside protection
Weak
80
Cost efficiency
Excellent
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.