MIRAE ASSET
GLOBAL X ARTIFICIAL INTELLIGENCE & TECHNOLOGY ETF FUND OF FUND
(Fund of Fund - An open-ended fund of fund scheme investing in units of Global X Artificial Intelligence & Technology ETF.)
| Type of Scheme | Fund of Fund - An open-ended fund of fund scheme investing in units of Global X Artificial Intelligence & Technology ETF |
| Investment 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. |
Fund Manager** |
Mr. Siddharth Srivastava (since September 07, 2022) |
| Allotment Date | 07th September 2022 |
| Benchmark Index | Indxx Artificial Intelligence & Big Data Index (TRI) (INR) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹500/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly / Quarterly option. |
| Load Structure | Entry load: NA 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. |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option |
| Monthly Average AUM (₹ Cr.) as on June 30, 2024 | 331.111 |
| Net AUM (₹ Cr.) | 333.10 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on June 30, 2024 |
Regular Plan: 0.40% Direct Plan: 0.25% |
| Investors may note that they have to bear recurring expense if the underlying scheme in addition to the expenses of this scheme. The TER of underlying scheme i.e Global X Artificial Intelligence & Technology ETF is 0.68% | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 17.527 | ₹ 17.468 |
This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income
• Investment in Global X Artificial Intelligence & Technology ETF
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
| Portfolio Holdings | % Allocation |
| International Exchange Traded Funds | |
| Global X Artificial Intelligence & Technology ETF | 99.89% |
| International Exchange Traded Funds Total | 99.89% |
| Cash & Other Receivables Total | 0.11% |
| Total | 100.00% |
| Returns (in%) | |||||
| 1 Year | Since inception | Value of 10000 invested Since Inception (in Rs.) | |||
| Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund | 29.41% |
36.01% |
17,468 |
||
| Scheme Benchmark* | 30.93% |
37.61% |
17,843 |
||
| Additional Benchmark** | 26.66% |
19.85% |
13,888 |
||
| NAV as on 30th June, 2024 | ₹ 17.468 | ||||
| Index Value (30th June, 2024) | Index Value of benchmark is 5,612.29 and Nifty 50 Index (TRI) is 35,539.16 | ||||
| Allotment Date | 07th Sep, 2022 | ||||
| Scheme Benchmark | *Indxx Artificial Intelligence & Big Data Index (TRI) (INR) | ||||
| Additional Benchmark | **Nifty 50 Index (TRI) | ||||
Fund manager : Mr. Siddharth Srivastava managing the scheme since September 07, 2022.
Note: Returns for 1 year and below are absolute returns, Returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. 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
AD/13/2024-Temporary suspension of subscription in certain schemes of MAMF investing in Overseas ETFs w.r.t. Lumpsum subscription, switch-ins, fresh systematic registrations, existing registered Systematic
Investment Plans (SIPs)/Systematic Transfer Plans (STPs) will be temporarily suspended in the below mentioned schemes of MAMF w.e.f. April 01, 2024. Further details please refer addendum section https://www.
miraeassetmf.co.in/downloads/statutory-disclosure/addendum
