Investing Internationally Through the Mirae Asset Hang Seng TECH ETF
Exchange-traded funds (ETFs) linked to global indices allow investors to access international markets in a transparent and rule-based manner. The Mirae Asset Hang Seng TECH ETF is designed to track the Hang Seng TECH Total Return Index (INR), providing exposure to technology-focused companies listed in Hong Kong. Rather than aiming to outperform the market, the scheme seeks to replicate index performance, subject to tracking error and foreign exchange movement.
It is important to note that the scheme does not guarantee or assure returns, and there is no certainty that its investment objective will be achieved.
Key Scheme Details
| Particulars | Details |
| Benchmark Index | Hang Seng TECH Index (TRI) (INR) |
| Inception Date | 06 December 2021 |
| Expense Ratio | 0.55% (as on 07 Feb 2026) |
| Monthly AUM | ₹413.16 crore |
| Tracking Error | 0.12% |
| 1-Year Tracking Difference | –0.92% (as on 31 Dec 2025) |
| Creation/Basket Size | 8,00,000 units |
| Investment Horizon | 3 years |
| Nature of Investment | Passive index replication |
| Risk Level | Very High |
Investment Objective and Strategy
The ETF aims to generate returns, before expenses, that are commensurate with the performance of the Hang Seng TECH Total Return Index (INR). It follows a passive investment strategy, where investments are made in the same proportion as the underlying index constituents. Portfolio changes occur only when the index is rebalanced, eliminating active stock selection.
The underlying index is compiled and managed by Hang Seng Indexes Company Limited, which operates independently of the asset management company.
About the Hang Seng TECH Index
The Hang Seng TECH Index consists of 30 large, technology-centric Chinese companies listed on the Hong Kong Stock Exchange. These companies typically operate in areas such as internet services, digital platforms, fintech, software, and innovation-driven businesses.
Launched on 27 July 2020 (base date: 31 December 2014), the index is designed to evolve with changes in Hong Kong’s technology ecosystem and new-age listings.
Performance Snapshot (As on 06 Feb 2026)
| Period | ETF Returns | Index Returns |
| Since Inception | 2.84% | –35.83% |
| 3 Months | –8.57% | –7.70% |
| 6 Months | 0.13% | 1.26% |
| YTD | –2.72% | –1.89% |
| 1 Year | 9.37% | 11.02% |
| 3 Years | 9.81% | –46.02% |
Notes:
- Returns above one year are expressed as CAGR
- Returns of one year or less are absolute
- SIP returns, where applicable, are calculated using the XIRR method
Minimum Investment and Access
| Mode of Investment | Minimum Requirement |
| Through Stock Exchange | Approximately ₹5,000, depending on market price (minimum 1 unit) |
| Directly with AMC | Multiples of 8,00,000 units (creation units) |
Retail investors generally access the ETF via stock exchanges, where units can be traded like equity shares during market hours. The larger creation unit size is mainly relevant for institutional participants and market makers.
Investment Mechanics and Management
| Aspect | Details |
| Fund Management | Managed by Mirae Asset Investment Managers (India) Private Limited |
| Market Makers | Multiple registered intermediaries |
| Investment Style | Passive, index-tracking |
Risk and Suitability Considerations
Both the ETF and its benchmark are classified as Very High Risk, reflecting exposure to:
- Volatility in global technology stocks
- Concentration in a specific overseas market
- Foreign exchange fluctuations
This type of investment is generally suitable for investors with a longer time horizon and the ability to tolerate short-term market volatility.
Closing Perspective
Investing internationally through an ETF such as the Mirae Asset Hang Seng TECH ETF offers structured access to overseas technology markets. However, outcomes are driven by index performance, costs, and currency movement, making a clear understanding of risks and investment horizon essential before considering such exposure.
