Synopsis: This article shows the Mirae Asset Fund, which delivered 81.34% returns amid the global AI rally. It also highlights that international AI-focused funds are attracting growing investor interest.
Artificial intelligence has become the most powerful worldwide investment trend, which has resulted in substantial financial growth for technology and semiconductor firms. Indian investors are increasingly turning towards international mutual funds to participate in this AI-led growth story. The Mirae Asset Global X Artificial Intelligence & Technology ETF FoF has gained attention due to its exceptional recent performance and focused exposure to global innovation-driven businesses.
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF?
- The international fund-of-funds (FoF) operates across international markets by investing in overseas exchange-traded funds that target artificial intelligence and advanced technology firms.
- It offers sector exposure, which includes artificial intelligence, robotics & automation, cloud computing, semiconductors, and digital infrastructure.
- Invests in globally listed ETFs instead of making direct investments into individual international stocks.
- This helps investors obtain diversified access to major global artificial intelligence and technology businesses.
- This fund exists for investors who want to achieve international market diversification while they pursue long-term growth through innovation-based investment themes.
Fund Snapshot & Performance
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF
- NAV: ₹34.25
- AUM: ₹430.67 Cr
- Expense Ratio: 0.14%
- Exit Load: 1% (within 1 year)
- Performance Snapshot
- 1-Year Return: 81.3%
- 3-Year CAGR: 44.7%
- 1-Year Absolute Return: 80.6%
- 3-Year Absolute Return: 200.1%
- Category Comparison (1-Year)
- Fund 1-Year Return: 81.3%
- Equity international Category Average: 29.5%
- Outperformance: +51.8 percentage points
Also read: Axis International Funds Delivered Up to 62% Returns in 1 Year; Do You Own Any of These?
Why is the Fund Gaining Investor Attention?
- The fund is gaining attention because of the rapid worldwide expansion of artificial intelligence technology and semiconductor companies.
- The demand for AI infrastructure and advanced computing technologies has increased because more industries, including healthcare, finance, cloud computing, and manufacturing, are adopting AI technology.
- International technology firms that achieve growth through AI technologies have generated substantial profits, which enhance their stock market results that benefit international funds investing in AI companies.
- Indian investors are now searching for international diversification options that extend beyond their home country’s stock market, which results in greater interest for AI-based mutual funds.
Risks Investors Should Consider
- High volatility due to technology sector concentration
- Dependence on global market sentiment
- Currency fluctuation risk
- Valuation risks in overheated technology stocks
- Regulatory and geopolitical uncertainties affecting global tech companies
Who should invest?
The fund is designed for aggressive investors who want to achieve long-term growth through international technology and artificial intelligence investments. The investment option suits investors who can handle high risk while needing to maintain their investments for extended periods and desire global portfolio diversification.
Note: New SIP registrations and fresh investments in the fund are currently unavailable.
Investment outlook
Artificial intelligence will function as a permanent global growth driver for the upcoming years. The ongoing implementation of AI technology across healthcare, finance, manufacturing, and cloud computing sectors will create opportunities for technology companies to grow during the next several years.
Written By Ameet S
