Mirae Asset Hang Seng TECH
ETF Fund of Fund

Mirae Asset Hang Seng TECH ETF Fund of Fund

(An open ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF)

ABOUT THE FUND

An open-ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF

INVESTMENT FRAMEWORK

The Scheme will invest in the units of Mirae Asset Hang Seng TECH ETF managed by Mirae Asset Mutual Fund as per the above stated asset allocation. The cumulative gross exposure through Units of Mirae Asset Hang Seng TECH ETF, Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds shall not exceed 100% of the net assets of the Scheme.

WHY INVEST IN THE FUND

Provides diversification across *30 large tech-themed companies
Consist of companies driven by strong revenue growth and R&D investment
Fast Track IPO Entry: Qualified IPOs are included in Index shortly after listing
The index focuses on companies engaged in Internet (including mobile); FinTech; Cloud; E-Commerce; Digital; or Autonomous Vehicle

*Top 30 technology companies with highest market value (MV) are selected as constituents.

^Note: A newly listed security will be added to index if its full market capitalization ranks within the top 10 of the existing constituents on its first trading day. The ad hoc addition will normally be implemented after the close of the 10th trading day of the new issue.

Fund Facts

TYPE:

An open ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF

Fund Manager:

Mr. Siddharth Srivastava
Mr. Akshay Udeshi

ALLOTMENT PRICE:

Rs. 10

ALLOTMENT DATE:

December 8, 2021

Demat Required:

LISTING:

Not to be listed

BENCHMARK:

Hang Seng TECH TRI (Total Return Index) (INR)

MINIMUM INVESTMENT AMOUNT

Rs. 5,000 & in multiples of Re. 1 thereafter

Taxation

Click here to View

TER ( Total Expense Ratio)

Click here to view the latest TER.

Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme.

List of Constituents

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Ideal Investment Horizon

Investment Horizon

Recommended Investment Horizon
3+ Years

Nature of investment:

The scheme will predominantly invest in units of Mirae Asset Hang Seng TECH ETF, the portfolio of which shall mostly be based on stocks forming part of Hang Seng TECH Index.

Suitable Investment:

Wealth Creation

Provides the advantage of investing in Exchange Traded Funds through Mutual Fund route.

Net asset value

Invest Now

For Historic NAV Click here

Fund Managers fund manager

Mr. Siddharth Srivastava fund manager

Mr. Akshay Udeshi fund manager

RISKOMETER

Product Labelling for Mirae Asset Hang Seng Tech ETF Fund of Fund. The fund is suitable for investors who are seeking to generate long term capital appreciation/income, through investments predominantly in units of Mirae Asset Hang Seng TECH ETF. Investors should consult their financial advisors if they are not clear about the suitability of the product. The Scheme Riskometer shows that the risk of the scheme is Very High. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Very High Risk zone. The Scheme Benchmark is the Hang Seng TECH Total Return Index. The Benchmark Riskometer also has its needle pointing to the Very High Risk zone, which shows that the risk of the benchmark is Very High.

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Disclaimers & Footer

BSE/NSE Disclaimer: Every person who desires to apply for or otherwise acquires any unit of this Fund may do so pursuant to independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such subscription/ acquisition whether by reason of anything stated or omitted to be stated herein or any other reason whatsoever

Hang Seng Indexes Company Limited Disclaimer: The mark and name "Hang Seng TECH Index" is proprietary to Hang Seng Data Services Limited ("HSDS") which has licensed its compilation and publication to Hang Seng Indexes Company Limited ("HSIL"). HSIL and HSDS have agreed to the use of, and reference to, the Hang Seng TECH Index by Mirae Asset Mirae Asset Investment Manager (India) Private Ltd ("the Issuer") in connection with the Mirae Asset Hang Seng TECH ETF and Mirae Asset Hang Seng TECH ETF Fund of Fund (the "Product"). However, neither HSIL nor HSDS warrants, represents or guarantees to any person the accuracy or completeness of the Hang Seng TECH Index, its computation or any information related thereto and no warranty, representation or guarantee of any kind whatsoever relating to the Hang Seng TECH Index is given or may be implied. Neither HSIL nor HSDS accepts any responsibility or liability for any economic or other loss which may be directly or indirectly sustained by any person as a result of or in connection with the use of and/or reference to the Hang Seng TECH Index by the Issuer in connection with the Product, or any inaccuracies, omissions or errors of HSIL in computing the Hang Seng TECH Index. Any person dealing with the Product shall place no reliance whatsoever on HSIL and/or HSDS nor bring any claims or legal proceedings against HSIL and/or HSDS in any manner whatsoever. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker or other person dealing with the Product and HSIL and/or HSDS and must not be construed to have created such relationship.”