Investing in the Mirae Asset Hang Seng TECH ETF: Exposure to Asia’s Tech Giants
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NSE SYMBOL: MAHKTECH
The Mirae Asset Hang Seng TECH ETF (MAHKTECH) offers Indian investors a unique opportunity to gain exposure to the top technology companies listed on the Hang Seng TECH Index. This ETF provides a cost-effective way to invest in a diversified basket of technology-driven companies from Greater China. In this blog, we will explore the key features of the Mirae Asset Hang Seng TECH ETF, including its top holdings, past performance, and why it may be a valuable addition to your portfolio.
What is the Mirae Asset Hang Seng TECH ETF?
The Mirae Asset Hang Seng TECH ETF aims to replicate the performance of the Hang Seng TECH Total Return Index. The index comprises the largest tech companies listed in Hong Kong, offering investors exposure to high-growth sectors such as e-commerce, fintech, artificial intelligence, and big data. This ETF is ideal for investors seeking exposure to the Asian technology market, which is witnessing rapid growth.
Key Features of the Hang Seng TECH ETF
🔷 Stock Market Investing: Provides exposure to the top technology companies in Hong Kong and Greater China.
🔷 Low-Cost ETF: With an expense ratio of 0.60%, the ETF offers a low-cost solution for investors looking to diversify internationally.
🔷 Systematic Investing: The ETF supports Systematic Investment Plans (SIPs), making it easier for investors to invest in small amounts regularly using the Navia Zero Brokerage Stock Investing APP.
Top 10 Holdings of the Hang Seng TECH ETF
The Hang Seng TECH ETF is comprised of the largest technology companies in Greater China, giving investors access to companies driving technological advancements in the region. Here are the top 10 holdings of the ETF:
| Company Name | Sector | Holding (%) |
| Xiaomi Corp Class B | Technology | 9.33% |
| Alibaba Group Holding Ltd | Consumer Cyclical | 9.07% |
| Meituan Class B | Consumer Cyclical | 8.86% |
| Tencent Holdings Ltd | Communication Services | 8.61% |
| JD.com Inc Ordinary Shares | Consumer Cyclical | 7.78% |
| Li Auto Inc Ordinary Shares | Consumer Cyclical | 6.43% |
| Kuaishou Technology Ordinary Shares | Communication Services | 6.15% |
| NetEase Inc Ordinary Shares | Communication Services | 5.22% |
| Lenovo Group Ltd | Technology | 4.57% |
| Semiconductor Manufacturing International Corp | Technology | 4.23% |
The top 10 holdings make up 70.25% of the fund, providing a strong concentration in the leading technology companies in China, with a focus on e-commerce, social media, and technology services.
Performance of the Hang Seng TECH ETF
The ETF has shown impressive returns, particularly over the past year, as the tech sector in Greater China has rebounded. Here’s a look at the annualized returns:
Annualised Returns:
1-Year Return: 21.51%
3-Year Return: Data Not Available
Growth of ₹1 Lakh Investment
Let’s calculate how an investment of ₹1 Lakh would have grown over different periods:
| Period | Annualised Return | Investment Growth (₹) |
| 1 Year | 21.51% | ₹1,21,510 |
| 3 Years | Not Available | Not Available |
The returns showcase the ETF’s potential for delivering strong gains, especially in the past year, driven by the growth of major technology companies in Hong Kong and Mainland China.
Sector Allocation
The Mirae Asset Hang Seng TECH ETF offers diversified exposure to the most important sectors driving the technology revolution in Greater China. Here’s a breakdown of the ETF’s sector allocation:
| Sector | Weighting (%) |
| Consumer Cyclical | 43.76% |
| Communication Services | 27.36% |
| Technology | 24.94% |
| Financial Services | 0.51% |
| Healthcare | 3.07% |
The ETF focuses heavily on Consumer Cyclical, Technology, and Communication Services, sectors that are poised to drive future growth in the region.
Steps to Set up SIP for MAHKTECH ETF on Navia APP:
1) Download and Log In to the Navia app.
2) Go to Tools->Basket and create a Basket with the name of your choice. Setup a Weekly or Monthly SIP. If you are setting a weekly SIP, select the day of the week. If you are setting a monthly SIP, select the day of the month for the SIP to be executed.
3) Use the add option to include MAHKTECH ETF in your basket, and choose the quantity and price. If you’re setting up a SIP, opting for the market price is highly recommended.
4) Confirm and Activate the SIP. You can always Pause the SIP when needed. You can also edit the Stock price and QTY in the SIP by using the Edit option.
With zero brokerage, setting up a SIP on the Navia app is cost-effective and hassle-free, making it an excellent option for long-term investors. Navia also provides FREE Ready-made ETF baskets for hassle free SIP investment on selected TOP ETF’s. To know more about these curated basket click here.
Benefits of Investing in the Hang Seng TECH ETF
Low Cost:
With an expense ratio of 0.60%, the Hang Seng TECH ETF is one of the most affordable ways to gain exposure to technology companies in Hong Kong and Greater China.
Diversified Exposure:
The ETF invests in the top 30 companies in the Hang Seng TECH Index, which provides broad exposure to different sectors, such as e-commerce, social media, and cloud computing.
International Diversification:
For Indian investors, the Hang Seng TECH ETF offers a way to diversify outside the domestic market, capturing the growth of the Asian technology sector.
Systematic Investment Option:
By setting up a Systematic Investment Plan (SIP) using the Navia Zero Brokerage Stock Investing APP, investors can benefit from disciplined investing in international markets without worrying about brokerage fees.
Is the Hang Seng TECH ETF Right for You?
The Mirae Asset Hang Seng TECH ETF is an excellent option for investors looking to gain exposure to high-growth technology companies in Greater China. With a strong portfolio of companies, low fees, and solid past performance, the ETF provides an attractive way to diversify your portfolio.
Whether you are a systematic investor or a one-time investor looking to tap into the booming technology sector in Asia, the Hang Seng TECH ETF offers a balanced and cost-effective solution.
Investing in international markets has never been easier, especially with the availability of SIPs through the Navia Zero Brokerage Stock Investing APP, allowing investors to build wealth consistently over time.
By adding this low-cost ETF to your portfolio, you can capitalize on the growth of the Asian technology sector and ensure diversification across geographic regions.
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DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.
