MIRAE ASSET
HANG SENG TECH ETF - (NSE Symbol : MAHKTECH, BSE Code: 543414)
Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Hang Seng TECH Total Return Index
| Type of Scheme | Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Hang Seng TECH Total Return Index |
| 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(INR), subject to tracking error and forex movement. However, the Scheme does not guarantee or assure any returns. |
Fund Manager** |
Mr. Siddharth Srivastava (since December 06, 2021) |
| Allotment Date | 06th December 2021 |
| Benchmark Index | Hang Seng TECH Index (TRI) |
| Minimum Investment Amount |
On exchange in multiple of 1 unit. With AMC: In multiples of Basket Size (8 Lakh units) |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: For Creation Unit Size: No Exit load will be levied on redemptions made by Authorized Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: Not Applicable -The Units of MAHKTECH in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days. |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on February 28, 2023 | 168.07 |
| Net AUM (₹ Cr.) | 153.96 |
| 1 Year Tracking Error is ~ | 34.8 bps |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2023 | 0.49% |
| **For experience of Fund Managers Click Here | |
| Portfolio Holdings | % Allocation |
| Internet & Direct Marketing Retail | |
| Alibaba Group Holding Ltd | 8.27% |
| Meituan | 6.59% |
| JD.com Inc | 6.20% |
| JD Health International Inc | 3.93% |
| Alibaba Health Information Technology Ltd | 1.95% |
| Ping An Healthcare and Technology Co Ltd | 0.58% |
| Interactive Media & Services | |
| Tencent Holdings Ltd | 9.04% |
| Kuaishou Technology | 7.21% |
| Baidu Inc | 5.12% |
| Technology Hardware, Storage & Peripherals | |
| Xiaomi Corporation | 8.95% |
| Lenovo Group Ltd | 3.30% |
| Interactive Home Entertainment | |
| Netease Inc | 5.25% |
| Bilibili Inc | 2.36% |
| Kingsoft Corp Ltd | 1.59% |
| Semiconductors | |
| Semiconductor Manufacturing International Corp | 4.32% |
| Hua Hong Semiconductor Ltd | 1.27% |
| Application Software | |
| Kingdee International Software Ltd | 2.62% |
| SenseTime Group Inc | 2.45% |
| Household Appliances | |
| Haier Smart Home Co Ltd | 4.36% |
| Electronic Components | |
| Sunny Optical Tech | 4.09% |
| Automobile Manufacturers | |
| Li Auto Inc | 3.03% |
| XPeng Inc | 0.56% |
| Nio Inc | 0.18% |
| Hotels, Resorts & Cruise Lines | |
| Trip.com Group Ltd | 1.57% |
| Multi-line Insurance | |
| ZhongAn Online P&C Insurance Co Ltd | 1.24% |
| Communications Equipment | |
| BYD Electronic International Co Ltd | 1.16% |
| Publishing | |
| China Literature Ltd | 1.00% |
| Electronic Manufacturing Services | |
| AAC Technologies Holdings Inc | 0.82% |
| Internet Services & Infrastructure | |
| GDS Holdings Ltd | 0.45% |
| Systems Software | |
| Ming Yuan Cloud Group Holdings Ltd | 0.34% |
| International Equity Holding Total | 99.79% |
| Cash & Other Receivables | 0.21% |
| Total | 100.00% |
| ₹ 13.7324 (Per Unit) |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAHKTECH | -16.26% |
-23.85% |
||
| Scheme Benchmark* | -15.61% |
-24.86% |
||
| Additional Benchmark** | 6.87% |
1.44% |
||
| NAV as on 28th February, 2023 | ₹ 13.7324 | |||
| Index Value (28th February, 2023) | Index Value of benchmark is 4,644.78 and S&P BSE Sensex (TRI) is 89,281.77 |
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| Allotment Date | 06th December, 2021 | |||
| Scheme Benchmark | *Hang Seng TECH (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Siddharth Srivastava managing the scheme since December 06, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 19.685. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol : MAHKTECH
BSE Code: 543414
Bloomberg Code: MAHKTECH IN Equity
Reuters Code: MIRA.NS
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
This product is suitable for investors who are seeking*
• Returns that are commensurate with the performance of Hang Seng TECH Total Return Index subject to tracking error and foreign exchange movement
• Investment in equity securities covered by Hang Seng TECH Total Return Index
*Investors should consult their financial advisers if they are not clear about the suitability of the product.