Mutual Funds › MFIC › International FoF › Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Mirae Asset Mutual Fund · International FoF · Direct plan, growth option
NAV (₹), 1 Oct 2026
37.0110
1-day change
0.79%
1Y return
42.3%
3Y CAGR
41.1%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 8 Sep 2022 to 1 Oct 2026
Returns vs International FoF median (49 schemes) and “Global / multi-region” median (15)
| Period | Scheme | Category median | Global / multi-region median |
|---|---|---|---|
| 1 month | 5.4% | -0.4% | 0.9% |
| 3 months | 4.6% | 1.0% | 3.1% |
| 6 months | 40.5% | 14.1% | 15.2% |
| Year to date | 37.6% | 17.5% | 14.4% |
| 1 year | 42.3% | 21.9% | 19.5% |
| 3 years (CAGR) | 41.1% | 25.1% | 23.2% |
| 5 years (CAGR) | n/a | 12.9% | 11.8% |
| 7 years (CAGR) | n/a | 15.1% | 13.8% |
| 10 years (CAGR) | n/a | 12.4% | 11.4% |
| Since first NAV (CAGR) | 38.0% | – | – |
“Global / multi-region” is MFIC's grouping of International FoF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 37.9% | 11.9% |
| 3Y rolling median | 38.1% | 11.5% |
| 3Y rolling worst | 29.0% | -2.6% |
| 3Y periods positive | 100% | 99% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 9.9% |
| 5Y rolling worst | n/a | 2.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 23.7% | 17.2% |
| Sharpe ratio | 1.51 | 1.22 |
| Sortino ratio | 3.47 | 2.23 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −27.2% | −30.1% |
| Maximum drawdown, last 10Y | n/a | −34.8% |
| Maximum drawdown, last 5Y | n/a | −27.5% |
| Current drawdown | −5.6% | −4.6% |
| Recovery time of worst fall | 79 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
- 1Y +23.7% · 3Y +27.1% p.a. · 5Y +18.1% p.a. (index fund NAV, after costs)
- −0.8% from its 52-week high (proxy NAV)
- 1Y +33.7% · 3Y +33.9% p.a. · 5Y +21.9% p.a. (index fund NAV, after costs)
- At its 52-week high (proxy NAV)
- 1Y +0.1% · 3Y +19.7% p.a. · 5Y +7.8% p.a. (index fund NAV, after costs)
- −7.0% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.26% a year and the Direct plan's 0.11%, a gap of 0.15%; over the last 3 years the Direct plan returned 0.20 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹4,06,897.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Siddharth Srivastava | Primary | 7 Sep 2022 |
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.
Stated asset allocation: Units of Global X Artificial Intelligence & Technology ETF - 95 to 100% Money market instruments including Tri Party REPO/ debt securities - 0 to 5%
Benchmark (tier 1): Indxx Artificial Intelligence & Big Data Index (TRI) (INR)
Exit load: Entry Load: Nil Exit Load 1% If redeemed within 1 year (365 Days) from the date of allotment Exit Load: Nil If redeemed after 365 days from the date of allotment.
Minimum application: ₹5,000
Allotment date: 7 Sep 2022
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.11% | 0.59% |
| AUM, whole scheme (₹ crore) | 486 | 328 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 42.4% | 44.1% TRI |
| Return, 3 years (AMFI) | 40.6% | 42.0% TRI |
| Month-ends above category median (3Y CAGR) | 100% | 54% median |
| Month-ends in category top quartile (3Y) | 100% | 15% median |
Official benchmark: Indxx Artificial Intelligence & Big Data Index TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, International FoF Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 37.6% | n/a | – |
| 2025 | 38.0% | n/a | – |
| 2024 | 27.6% | n/a | – |
| 2023 | 55.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,49,037 | 47.7% |
| 3 years | ₹3,60,000 | ₹6,57,369 | 43.3% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: International FoF
Plan / option: Direct · Growth
AMFI scheme code: 150597
ISIN: INF769K01IS5
First NAV in MFIC data: 8 Sep 2022
History: 4.1 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Axis NASDAQ 100 US Specific Equity Passive FOF | International FoF | 0.95 | 32.8% |
| ICICI Prudential NASDAQ 100 Index Fund | Index Fund | 0.95 | 33.8% |
| DSP Global Innovation Overseas Equity Omni FoF | International FoF | 0.93 | 30.0% |
| Kotak US Specific Equity Passive FOF | International FoF | 0.92 | 33.8% |
| Aditya Birla Sun Life US Equity Passive FOF | International FoF | 0.92 | 33.3% |
| Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund | International FoF | 0.91 | 33.4% |
Questions about Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
- What is the latest NAV of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- The NAV of the Direct plan (growth option) was ₹37.0110 on 1 Oct 2026, as published by AMFI.
- Which category is Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund in?
- It is classified as International FoF in AMFI's daily NAV file. MFIC compares it with 49 International FoF schemes (Direct plans).
- What returns has Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund delivered?
- Over one year the NAV changed by 42.3%. The 3-year CAGR is 41.1% (category median 25.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 38.1%, the lowest was 29.0%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund's NAV?
- The largest peak-to-trough fall in its available history was 27.2%.
- How volatile is Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 23.7%, which is above the International FoF category median of 17.2%.
- What would a monthly SIP in Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹6,57,369 on 1 Oct 2026, an annualised return (XIRR) of 43.3%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- The total expense ratio of the Direct plan is 0.11% a year, as disclosed to AMFI (median of International FoF Direct plans: 0.59%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- Assets under management of the whole scheme were ₹486 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund and how has it compared?
- Its official benchmark is the Indxx Artificial Intelligence & Big Data Index TRI. Over 3 years AMFI reports a return of 40.6% for this plan against 42.0% for the benchmark total return index. Past performance does not indicate future results.
- How often has Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund beaten its category?
- At 100% of the 13 month-ends compared over the last 10 years, its 3-year return was above the median of International FoF schemes (Direct plans); it was in the top quarter at 100% of them. A typical scheme would show about 50%.
- Who manages Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- According to its Scheme Summary Document, Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund is managed by Siddharth Srivastava (since 7 Sep 2022).
- What is the exit load of Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- As stated in its scheme documents: Entry Load: Nil Exit Load 1% If redeemed within 1 year (365 Days) from the date of allotment Exit Load: Nil If redeemed after 365 days from the date of allotment. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund?
- The minimum application amount is ₹5,000. SIP details: 500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 42.3% and the Regular plan's by 42.1%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.