NIFTY 50loading...
SENSEXloading...
NIFTY 200loading...
NIFTY MIDCAP 150loading...
NIFTY SMLCAP 250loading...
USD/INRloading...
๐Ÿ”
โญ Watchlist
Sign In Get Started
Home โ€บ Overseas Fund of Funds - Fund of Funds investing overseas โ€บ Mirae Asset Global X Artificial Intelligence & Technology Eโ€ฆ
Direct GROWTH Active

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

Mirae Asset Mutual Fund · AMFI: 150597 · ISIN: INF769K01IS5
Latest NAV
โ‚น33.158
as of Nov. 3, 2026
1Y: +18.57%
3Y: +34.77%
Fund Information
05 Nov 2026 ยท captnemo
Fund House
Mirae Asset Mutual Fund
Category
Overseas Fund of Funds - Fund of Funds investing overseas
AUM
โ‚น4856.0 Cr
Expense Ratio
0.11%
Min SIP
โ‚น99.0
Min Lumpsum
โ‚น5000.0
Fund Start Date
07 Sep 2022
Lock-in Period
None
๐Ÿ’ฐ Fund AUM Trend
Current: โ‚น4856.0 Cr
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.

Trailing Returns
Full Analysis โ†’
Period Fund Benchmark Cat Min Cat Avg Cat Max Excess vs BM Excess vs Cat
1W -97.42% -40.92% โ€” โ€” โ€” -56.50% โ€”
1M -80.73% 345.55% โ€” โ€” โ€” -426.28% โ€”
3M -22.65% 5.37% โ€” โ€” โ€” -28.02% โ€”
6M 2.62% 19.93% โ€” โ€” โ€” -17.31% โ€”
1Y 18.59% -10.63% 8.61% 28.97% 52.21% 29.22% -10.38%
2Y 34.69% -15.45% โ€” โ€” โ€” 50.14% โ€”
3Y 34.73% -15.45% 9.70% 24.43% 57.00% 50.18% 10.30%
5Y 33.45% -15.45% 0.00% 14.67% 31.26% 48.90% 18.78%
7Y 33.45% -15.45% โ€” โ€” โ€” 48.90% โ€”
10Y 33.45% -15.45% โ€” โ€” โ€” 48.90% โ€”
SI 33.45% -15.45% โ€” โ€” โ€” 48.90% โ€”
Risk Snapshot (3Y)
Sharpe Ratio
1.08 (cat: 0.95)
Max Drawdown
-25.77% (cat: -22.25%)
Std Dev (Ann)
26.16% (cat: 20.2%)
Beta
0.06 (cat: 0.45)
FoF Overseas  ยท  37 funds  ยท  Avg Score: 61/100  ยท  Category Meter โ†’
NAV History
Trailing Returns (CAGR)
Period Fund Benchmark Cat Min Cat Avg Cat Max Excess vs BM Excess vs Cat
1W -97.42% -40.92% โ€” โ€” โ€” -56.50% โ€”
1M -80.73% 345.55% โ€” โ€” โ€” -426.28% โ€”
3M -22.65% 5.37% โ€” โ€” โ€” -28.02% โ€”
6M 2.62% 19.93% โ€” โ€” โ€” -17.31% โ€”
1Y 18.59% -10.63% 8.61% 28.97% 52.21% 29.22% -10.38%
2Y 34.69% -15.45% โ€” โ€” โ€” 50.14% โ€”
3Y 34.73% -15.45% 9.70% 24.43% 57.00% 50.18% 10.30%
5Y 33.45% -15.45% 0.00% 14.67% 31.26% 48.90% 18.78%
7Y 33.45% -15.45% โ€” โ€” โ€” 48.90% โ€”
10Y 33.45% -15.45% โ€” โ€” โ€” 48.90% โ€”
SI 33.45% -15.45% โ€” โ€” โ€” 48.90% โ€”
Trailing Returns Chart
Calendar Year Returns
Rolling Return Statistics
All rolling windows vs benchmark โ€” full history
Window MinMaxMedianMean Win Rate (>0%)Win Rate (>8%) BM MedianBM Mean Outperform % Cat Avg
1Y Rolling 0.79% 85.99% 36.04% 36.81% 100.0% 99.2% -15.81% -16.64% 100.0% โ€”
2Y Rolling 18.66% 50.20% 34.60% 34.15% 100.0% 100.0% โ€” โ€” โ€” โ€”
3Y Rolling 29.52% 43.60% 36.61% 36.08% 100.0% 100.0% โ€” โ€” โ€” โ€”
Rolling Return Calculator
Inception: Sept. 7, 2022  ยท  Latest NAV: โ€”
Rolling Window
Start Date
End Date
Rolling Returns Distribution (All Windows)
Bar = mean, error bar = min/max. BM shown beside. Right axis = % of periods beating BM.
๐Ÿงฎ SIP Simulator
10 yrs
Enter values and click Calculate.
๐Ÿ’ฐ Lumpsum Simulator
10 yrs
Enter values and click Calculate.
Risk Metrics โ€” 3 Years
Category Avg (FoF Overseas)  ยท  Std Dev: 20.22%  ยท  Sharpe: 0.95  ยท  Sortino: 1.31  ยท  Max DD: -22.25%
Std Dev (Ann %)
26.16% (cat: 20.2%)
Sharpe Ratio
1.08 (cat: 0.95)
Sortino Ratio
1.47 (cat: 1.31)
Max Drawdown %
-25.77% (cat: -22.25%)
Beta
0.06 (cat: 0.45)
Alpha (Ann %)
29.52% (cat: 20.01)
R-Squared %
0.25%
Tracking Error %
36.13%
Info Ratio
1.38
Upside Capture %
20.1%
Downside Capture %
-5.6%
Risk-Free Rate Used
6.50%
Risk Metrics โ€” 5 Years
Category Avg (FoF Overseas)  ยท  Std Dev: 21.43%  ยท  Sharpe: 0.55  ยท  Sortino: 0.79  ยท  Max DD: -28.99%
Std Dev (Ann %)
25.99% (cat: 21.4%)
Sharpe Ratio
1.04 (cat: 0.55)
Sortino Ratio
1.47 (cat: 0.79)
Max Drawdown %
-25.77% (cat: -28.99%)
Beta
0.06
Alpha (Ann %)
28.23%
R-Squared %
0.25%
Tracking Error %
36.13%
Info Ratio
1.34
Upside Capture %
20.1%
Downside Capture %
-5.6%
Benchmark
NIFTY IT
Market Volatility Measures (3Y)
Upside Capture
20.1%
Downside Capture
-5.6%
Max Drawdown
-25.77%
Quarterly Performance Analysis (Top 5 & Worst 5)

๐Ÿ“ˆ Upside Quarters (Top 5)

Quarter Fund Benchmark
Q1 2026 40.34% -9.51%
Q4 2022 21.32% โ€”
Q1 2025 20.04% 5.60%
Q2 2025 17.20% -13.59%
Q3 2023 15.93% โ€”
Total 13 upside quarter(s)

๐Ÿ“‰ Downside Quarters (Worst 5)

Quarter Fund Benchmark
Q3 2026 -9.70% 15.02%
Q4 2024 -5.92% โ€”
Q4 2025 -3.46% -23.29%
Q2 2023 -2.57% โ€”
Total 4 downside quarter(s)
Year-wise Risk Metrics
Year Fund CAGR BM CAGR Alpha Beta Sharpe Sortino Max DD Upside Cap Downside Cap
2026 26.43% -19.67% 19.41% -0.02 0.62 0.91 -16.12% 12.5% -7.2%
2025 38.71% -12.70% 35.90% 0.18 1.16 1.58 -25.77% 27.9% -3.7%
2024 30.47% โ€” โ€” โ€” 1.22 1.65 -11.23% โ€” โ€”
2023 56.50% โ€” โ€” โ€” 2.43 3.70 -12.30% โ€” โ€”
2022* -5.82% โ€” โ€” โ€” -0.36 -0.64 -13.75% โ€” โ€”
Drawdown Chart
Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period. Hover the โ“˜ on each card for how to interpret it.

Pre-inception
2018 IL&FS
โ€”
Aug 2018 โ†’ Oct 2018
Pre-inception
COVID-19
โ€”
Jan 2020 โ†’ Mar 2020
Pre-inception
2008 GFC
โ€”
Jan 2008 โ†’ Mar 2009
Pre-inception
2022 Rate Hike
โ€”
Jan 2022 โ†’ Jun 2022
Pre-inception
2015-16 China
โ€”
Mar 2015 โ†’ Feb 2016
2024-25 Tariff
-11.5%
Sep 2024 โ†’ Apr 2025
Recovery TBD
๐Ÿ“– How to interpret these numbers
0% or positive โ€” Held up during crash (exceptional)
0% to -15% โ€” Mild damage, manageable drawdown
Below -15% โ€” Significant hit; check recovery speed
Recovery label โ€” Months from trough back to pre-crash peak
Market Regime Analysis
Reading the cards: โ‰ฅ15% Excellent 5โ€“15% Good 0โ€“5% Muted <0% Lost money | Click โ–ผ Per-window on any card to see each individual time window
๐Ÿ“ˆ Bull Market
Strong sustained uptrend (>20% from lows)
37.5% avg CAGR
18 months covered ยท 1 window
Each row = one historical occurrence of this regime
Mar 2023 โ€“ Sep 2024
18 months 37.5%
๐Ÿ“‰ Bear Market
Sustained decline >20% from recent highs
-20.7% avg CAGR
6 months covered ยท 1 window
Each row = one historical occurrence of this regime
Sep 2024 โ€“ Apr 2025
6 months -20.7%
โ†”๏ธ Sideways / Consolidation
Range-bound market, low trend conviction
26.2% avg CAGR
7 months covered ยท 1 window
Each row = one historical occurrence of this regime
Sep 2022 โ€“ Mar 2023
7 months 26.2%
๐Ÿ”ฅ High Inflation Period
CPI/WPI elevated >6%; RBI tightening
22.1% avg CAGR
6 months covered ยท 1 window
Each row = one historical occurrence of this regime
Sep 2022 โ€“ Feb 2023
6 months 22.1%
โœ‚๏ธ Rate Cut Cycle
RBI cutting repo rate; liquidity supportive
-0.3% avg CAGR
4 months covered ยท 1 window
Each row = one historical occurrence of this regime
Feb 2025 โ€“ Jun 2025
4 months -0.3%

โ„น๏ธ Regime windows are approximations based on Nifty 50 price action and RBI policy dates. Returns shown are fund NAV CAGR within covered dates only.

โš ๏ธ Benchmark Note: Index data shown is Price Index, not TRI (Total Return Index). TRI includes dividends and is typically 1-2% higher annually. SEBI mandates TRI for official benchmark comparison.
Sector Allocation
Technology
69.9%
Communication Services
12.8%
Consumer Cyclical
9.1%
Industrials
7.5%
Healthcare
0.6%
Financial Services
0.2%
Weightage by Market Cap
Large Cap 0.00%
Mid Cap 0.00%
Small Cap 99.76%
Asset Allocation
Debt 0.00%
Cash 0.28%
Portfolio Summary
Category Avg (FoF Overseas)  ยท  Turnover: 0.1%  (median: 0.1%)
Total Holdings
3
Top 10 Weight
โ€”
Portfolio Turnover
โ€” (cat avg: 0.1%)
Top Holdings
As of Oct 2026
# Security Sector Weight % Fwd P/E
1
Global X Artfcl Intlgc & Tech ETF
US37954Y6326
 โ€”
99.76%
โ€”
2
Net Receivables / (Payables)
 cashAndEquivalents
0.15%
โ€”
3
Treps
 cashAndEquivalents
0.09%
โ€”
Costs & Fees
Category Avg (FoF Overseas)  ยท  Expense Ratio: 1.17%  (median: 1.22%)  ยท  Turnover: 0.1%
Expense Ratio
0.11% (cat avg: 1.17%)
Expense Ratio Date
30 Sep 2026
Portfolio Turnover
โ€” (cat avg: 0.1%)
CRISIL Rating
Very High Risk
Kuvera Rating
โ€”
Investment Rules
Min Lumpsum
โ‚น5000
Min Additional
โ‚น1000
Min SIP
โ‚น99
SIP Available
โŒ No
Lock-in Period
None
Redemption Allowed
โœ… Yes
Tax Treatment
Debt/Hybrid Fund Tax Rules
• All gains taxed at income slab rate (no indexation benefit after April 2023)
• Applicable to funds with <65% equity allocation
Benchmark
NIFTY IT
SEBI-assigned category benchmark for this fund type.
Source: database
โš ๏ธ Data shown is Price Index, not TRI. TRI returns are typically 1-2% higher annually.
S
Siddharth Srivastava
Fund Manager ยท captnemo
AMC
Mirae Asset Mutual Fund
Manager tenure/profile
Not exposed by current APIs
Management Context
Fund HouseMirae Asset Mutual Fund
Inception / First NAVSept. 7, 2022
AUMRs 4856 Cr
Expense Ratio0.11%
Portfolio Turnover-
RatingVery High Risk
BenchmarkNIFTY IT
Data Sourcecaptnemo
Portfolio Managed
Holdings Used
3
database
Sectors
6
Portfolio view
3Y Sharpe
1.08
NAV computed
3Y Drawdown
-25.8%
NAV computed
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.
Computing fund scorecard & factor breakdownโ€ฆ
Loading peer funds in the same categoryโ€ฆ
Loading NAV history for analysisโ€ฆ