Mirae Asset Hang Seng Tech Etf Fund Of Fund

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the five return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
   1. Top 25%: The Mirae Asset Hang Seng TECH ETF Fund of Fund has five return parameters in the top 25% in the category, as shown below:
      
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
      • 3Y Return %
   2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
   3. Below Average: Mirae Asset Hang Seng TECH ETF Fund of Fund has no return parameters that are below average in the category.
2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For Mirae Asset Hang Seng TECH ETF Fund of Fund, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: Mirae Asset Hang Seng TECH ETF Fund of Fund 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 Fund of Fund 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 Fund of Fund 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 40.46 %.
      • 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 23.92 %.
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 four 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 Fund of Fund has four risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Mirae Asset Hang Seng TECH ETF Fund of Fund has a Sharpe Ratio of 0.19 compared to the category average of 0.47.
      • Sterling Ratio: Mirae Asset Hang Seng TECH ETF Fund of Fund has a Sterling Ratio of 0.31 compared to the category average of 0.68.
      • Sortino Ratio: Mirae Asset Hang Seng TECH ETF Fund of Fund has a Sortino Ratio of 0.2 compared to the category average of 0.26.
      • Treynor Ratio: Mirae Asset Hang Seng TECH ETF Fund of Fund has a Treynor Ratio of -0.11 compared to the category average of -0.04.

Date	Mirae Asset Hang Seng Tech Etf Fund Of Fund NAV Regular Growth	Mirae Asset Hang Seng Tech Etf Fund Of Fund NAV Direct Growth
07-03-2025	13.196	13.394
06-03-2025	12.732	12.923
05-03-2025	12.743	12.934
04-03-2025	12.82	13.012
03-03-2025	13.331	13.531
28-02-2025	12.902	13.095
27-02-2025	13.229	13.426
25-02-2025	12.795	12.986
24-02-2025	12.556	12.743
21-02-2025	12.841	13.032
20-02-2025	12.061	12.24
19-02-2025	12.583	12.77
18-02-2025	12.62	12.807
17-02-2025	11.971	12.148
14-02-2025	12.074	12.252
13-02-2025	11.735	11.909
12-02-2025	12.166	12.345
11-02-2025	11.859	12.034
10-02-2025	11.665	11.836
07-02-2025	11.338	11.504