Mirae Asset Hang Seng Tech Etf Overview
Category Other ETFs
BMSMONEY Rank 62
Rating
Growth Option 07-03-2025
NAV ₹22.5(R) -0.79% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 90.62% 14.89% -% -% -%
Direct
Benchmark
SIP (XIRR) Regular 120.83% 28.8% -% -% -%
Direct
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.05 0.12 0.18 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
41.74% -55.55% -38.46% - 26.02%
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Mirae Asset Nifty Financial Services ETF 6
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ICICI Prudential Nifty India Consumption ETF 9
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Nippon India ETF Nifty India Consumption 11
UTI Nifty Bank ETF 12
Nippon India Nifty Auto ETF 13
Mirae Asset Nifty India Manufacturing ETF 14
Axis NIFTY India Consumption ETF 15
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UTI BSE Sensex Next 50 Exchange Traded Fund 17
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NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Hang Seng TECH ETF 22.5
-0.1800
-0.7900%

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on five return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    1. Top 25%: Four return parameters of the Mirae Asset Hang Seng TECH ETF are in the top 25% in the category, as listed below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    2. Above Average Below the Top 25%: One return parameter of the Mirae Asset Hang Seng TECH ETF is above average but below the top 25% in the category, as listed below:
      • 3Y Return %
    3. Below Average: Mirae Asset Hang Seng TECH ETF has no return parameters that are below average in the category.
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed two risk parameters of Mirae Asset Hang Seng TECH ETF, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Mirae Asset Hang Seng TECH ETF does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset Hang Seng TECH ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Hang Seng TECH ETF has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 41.74 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 26.02 %.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated three risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: Mirae Asset Hang Seng TECH ETF has three risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Mirae Asset Hang Seng TECH ETF has a Sharpe Ratio of 0.05 compared to the category average of 0.29.
      • Sterling Ratio: Mirae Asset Hang Seng TECH ETF has a Sterling Ratio of 0.18 compared to the category average of 0.46.
      • Sortino Ratio: Mirae Asset Hang Seng TECH ETF has a Sortino Ratio of 0.12 compared to the category average of 0.14.


Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


Date Mirae Asset Hang Seng Tech Etf NAV Regular Growth Mirae Asset Hang Seng Tech Etf NAV Direct Growth
07-03-2025 22.4962 None
06-03-2025 22.6759 None
05-03-2025 21.4744 None
04-03-2025 20.7127 None
03-03-2025 20.7305 None
28-02-2025 20.8531 None
27-02-2025 21.9805 None
25-02-2025 21.2986 None
24-02-2025 21.5243 None
21-02-2025 21.776 None
20-02-2025 20.4197 None
19-02-2025 21.1202 None
18-02-2025 21.016 None
17-02-2025 20.4735 None
14-02-2025 20.5427 None
13-02-2025 19.467 None
12-02-2025 19.638 None
11-02-2025 19.0947 None
10-02-2025 19.7856 None
07-02-2025 19.291 None

Fund Launch Date: 08/Dec/2021
Fund Category: Other ETFs
Investment Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Hang Seng TECH Total Return Index, subject to tracking error and forex movement. The Scheme does not guarantee or assure any returns
Fund Description: An open-ended scheme replicating/tracking Hang Seng TECH Total Return Index
Fund Benchmark: Hang Seng TECH Total Returns Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.