Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk
Equity
Global - Other

NAV as on May 27, 2025

Price per unit of the scheme.

₹ 20.48101.67%1 Day Change

10.56%

Minimum Investment₹5000

Expense Ratio0.87%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Equity: Global - Other Average NAV

Topper in Equity: Global - Other

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

Indxx AI & Big Data TR INR

Expense Ratio

0.87%

Category Avg Expense Ratio

0.78%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 288.44 Cr(As on Apr, 2025)

Inception Date

Sep 07, 2022

Turnover

- %

Exit Load

If redeemed within 1 year (365 days) from the date of allotment - 1%. If redeemed after 1 year (365 days) from the date of allotment - NIL.

Objective: The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Global X Artificial Intelligence & Technology ETF. There is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is an Equity - Global - Other fund. The fund was launched inSep 07, 2022. Its risk level is . The NAV of the fund as onMay 23, 2025 is ₹20.15. Its expense ratio is 0.87 %. The fund has an AUM of ₹288.44 Cr.The fund is managed bySiddharth Srivastava.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Siddharth Srivastava

Lead Fund Manager.

Sep 7, 2022 - Present

Fund Manager Rank--Out of 0
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed2
Total AUM₹ 333.89 Cr
Highest Return In 1 Yr20.28 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

₹ 20.15

14.13%

Very High Risk

₹288.44Cr

Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

₹ 9.40

5.12%

Very High Risk

₹45.45Cr

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk--

NAV₹ 20.15
Fund Size₹288.44Cr

Fund Return14.13%

Category Return--

Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk--

NAV₹ 9.40
Fund Size₹45.45Cr

Fund Return5.12%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Apr, 2025

EQUITY (99.90%)

DEBT (-%)

CASH (0.10%)

Allocation by Market Cap

No Data For Allocation

Industry Holdings

Semiconductors17.58%
Software Application17.14%
Software Infrastructure14.39%
Internet Content Information New10.30%
Internet Retail7.99%
Information Technology Services7.75%

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
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Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
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Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
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Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
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Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
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Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
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HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
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Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
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Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
--
This Fund
VS
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Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
--
This Fund
VS
--
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
--
This Fund
VS
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Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 1,98,433.18 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 11 hybrid schemes.

Phone

022-6780 0300

customercare@miraeasset.com

AUM

₹ 1,98,433.18 Cr (

As on Apr 30, 2025

)

Address

Unit No. 606, 6th Floor, Mumbai,400 098

FAQ's

What is the category of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The category of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is Equity - Global - Other

What is the current NAV of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The current NAV of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth as on May 27, 2025 is ₹20.48

How safe is Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The risk level of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is Very High.

What are short term returns given by Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The return given by Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth in 1 month is 10.56%, 3 months is 2.44%, 6 months is 6.71%, and 1 year is 21.59%

What are the long term returns given by Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The return given by Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth in 3 years is -- and 5 years is --.

What is the expense ratio of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The expense ratio of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is 0.87%

What is the AUM of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The assets under Management (AUM) of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is Rs 288.44 crores.

What is the minimum investment in Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth ?

The minimum Lumpsum investment in Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth is ₹1,000.00

What is the asset allocation of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth?

Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth has an exposure of 99.90% in Equity and 0.10% in Cash & Money Market Securities