View Performance of the funds managed by the Fund Manager
The Mirae Asset Hang Seng TECH ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in Hang Seng TECH Index.
The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.
*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.
An open ended scheme replicating/tracking Hang Seng TECH Total Return Index(INR)
Mr. Siddharth Srivastava
Hang Seng TECH TRI (Total Return Index) (INR)
December 6, 2021
On exchange in multiple of 1 unit. With AMC: In multiples of Basket Size (8 Lakh units)
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
Vaibhav Stock & Derivatives Broking Private Limited
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Recommended Investment Horizon
3+ Years
Replicate/track Hang Seng TECH Index (INR), subject to tracking error and forex movement.
Wealth Creation
Name | Allocation | |
1 | Alibaba Group Holding Limited | 9.77% |
2 | Xiaomi Corporation | 8.60% |
3 | Meituan | 8.13% |
4 | Tencent Holdings Ltd | 7.87% |
5 | Kuaishou Technology | 7.57% |
6 | JD.com Inc | 7.36% |
7 | Sunny Optical Tech | 5.98% |
8 | Netease Inc | 5.88% |
9 | Semiconductor Manufacturing International Corp | 5.10% |
10 | Lenovo Group Ltd | 4.09% |
*Data as on 31st March, 2022.
Mirae Asset ETF is a part of Mirae Asset Mutual Fund and is used for Exchange Traded Funds managed by Mirae Asset Investment Managers (India) Private Limited.
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If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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