EDELWEISS US TECHNOLOGY EQUITY Fund of Fund vs Mirae Asset NYSE FANG+ ETF
Direct Plan where a fund has one, Growth option · Data as on 29-10-2026
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund is a Fund of Funds fund and Mirae Asset NYSE FANG+ ETF is an ETF fund. In the 3 years to 29-10-2026, EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) returned 33.0% a year and Mirae Asset NYSE FANG+ ETF returned 42.0% a year. EDELWEISS US TECHNOLOGY EQUITY Fund of Fund charges 0.72% a year and Mirae Asset NYSE FANG+ ETF 0.66%. Their portfolios overlap 0.0%: they hold 0 of the same securities.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund
Fund of Funds
- 3 year return
- 33.0%
- Expense ratio
- 0.72%
- NAV
- ₹39.55
Mirae Asset NYSE FANG+ ETF
ETF
- 3 year return
- 42.0%
- Expense ratio
- 0.66%
- NAV
- ₹169.35
Which is better, EDELWEISS US TECHNOLOGY EQUITY Fund of or Mirae Asset NYSE FANG+ ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset NYSE FANG+ ETF returned more over 5 years: 23.9% a year against 13.7%.
- Mirae Asset NYSE FANG+ ETF returned more over 3 years: 42.0% a year against 33.0%.
- Mirae Asset NYSE FANG+ ETF costs less: 0.66% a year against 0.72%.
- Mirae Asset NYSE FANG+ ETF swung less over 3 years: a standard deviation of 25.5% a year against 27.0%.
- Mirae Asset NYSE FANG+ ETF fell less in its worst fall since 07-05-2021: −43.6% against −45.3%.
- Mirae Asset NYSE FANG+ ETF holds 100.0% of the fund in foreign stocks; EDELWEISS US TECHNOLOGY EQUITY Fund of 96.2%.
- EDELWEISS US TECHNOLOGY EQUITY Fund of is the larger fund: ₹4,547 Cr against ₹4,448 Cr.
- Their portfolios overlap 0.0%: 0 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | EDELWEISS US TECHNOLOGY EQUITY Fund of Fund | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Mirae Asset Mutual Fund |
| Category | Fund of Funds | ETF |
| AUM | ₹4,547 Cr (30-09-2026) | ₹4,448 Cr (30-09-2026) |
| NAV | ₹39.55 (Direct) | ₹169.35 |
| Expense ratio (Direct) | 0.72% | Not available |
| Expense ratio (Regular) | 1.54% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Russel 1000 Equal Weighted Technology Index | NYSE FANG+ TRI |
| Launch date | 05-03-2020 | 06-05-2021 |
| Minimum investment | Not available | On exchange (in multiple of 1 units), Directly with AMC or Market Maker (in multiple of 2,00,000 units) Participant (in multiple of 2,00,000 units) |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Bharat Lahoti | Siddharth Srivastava |
| Exit load | • If the units are redeemed / switched out on or before 90 days from the date of allotment – 1.00% • If the units are redeemed / switched out after 90 days from the date of allotment – Nil | NIL |
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: Returns Comparison
Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | −5.59% | +7.65% | +7.43% | +9.59% | +32.98% | +13.72% | -- |
| Mirae Asset NYSE FANG+ ETF | −5.86% | +9.41% | +12.22% | +13.67% | +41.96% | +23.93% | -- |
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: Year-wise Returns
| Year | EDELWEISS US TECHNOLOGY EQUITY Fund ofEDELWEISS US TECHNOLOGY EQUITY Fund of | Mirae Asset NYSE FANG+ ETFMirae Asset NYSE FANG+ ETF |
|---|---|---|
| 2026to date | +14.26% | +21.17% |
| 2025 | +25.57% | +25.99% |
| 2024 | +29.97% | +54.30% |
| 2023 | +67.00% | +95.65% |
| 2022 | −38.57% | −33.54% |
| 2021 | +15.12% | -- |
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 586 of them, one for each trading day from 07-05-2024 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct)
Mirae Asset NYSE FANG+ ETF
to
Jul 2024Dec 2021
to
Dec 2024May 2022
to
May 2025Oct 2022
to
Oct 2025Mar 2023
to
Mar 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EDELWEISS US TECHNOLOGY EQUITY Fund of | 0.0 | 2.2 | 19.1 | 8.9 | 4.9 | 6.3 | 58.5 | 23.9% | 27.7% | 1.2% | 42.4% |
| Mirae Asset NYSE FANG+ ETF | 0.0 | 0.0 | 0.0 | 0.0 | 8.1 | 16.7 | 75.2 | 37.0% | 39.2% | 15.8% | 63.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 07-05-2021. Past returns do not promise future returns.
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-05-2021 to 29-10-2026: 66 instalments, ₹6,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| EDELWEISS US TECHNOLOGY EQUITY Fund ofEDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | ₹6,60,000 | ₹12,35,884 | ₹5,75,884 | 22.9% |
| Mirae Asset NYSE FANG+ ETFMirae Asset NYSE FANG+ ETF | ₹6,60,000 | ₹16,16,733 | ₹9,56,733 | 33.1% |
EDELWEISS US TECHNOLOGY EQUITY Fund ofEDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct)
Mirae Asset NYSE FANG+ ETFMirae Asset NYSE FANG+ ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Return (CAGR) | +9.59% | +13.67% |
| Standard deviation | 28.49% | 23.79% |
| Sharpe ratio | 0.15 | 0.35 |
| Sortino ratio | 0.21 | 0.52 |
| Maximum drawdown | −16.8% (28-07-2026) | −17.4% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Return (CAGR) | +32.98% | +41.96% |
| Standard deviation | 27.00% | 25.54% |
| Sharpe ratio | 1.00 | 1.41 |
| Sortino ratio | 1.39 | 2.13 |
| Maximum drawdown | −31.5% (07-04-2025) | −27.5% (04-04-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Return (CAGR) | +13.72% | +23.93% |
| Standard deviation | 29.66% | 30.38% |
| Sharpe ratio | 0.27 | 0.60 |
| Sortino ratio | 0.38 | 0.87 |
| Maximum drawdown | −45.3% (13-10-2022) | −43.6% (09-11-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Return (CAGR) | +24.43% | +25.50% |
| Standard deviation | 29.56% | 29.56% |
| Sharpe ratio | 0.65 | 0.67 |
| Sortino ratio | 0.93 | 0.99 |
| Maximum drawdown | −45.3% (13-10-2022) | −43.6% (09-11-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 09-03-2020 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct)
Mirae Asset NYSE FANG+ ETF
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct) | −45.3% | 22-11-2021 | 13-10-2022 | 24-01-2024 | 15 months | −10.7% |
| Mirae Asset NYSE FANG+ ETF | −43.6% | 16-11-2021 | 09-11-2022 | 30-05-2023 | 7 months | −9.0% |
From daily values since 07-05-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct)
Mirae Asset NYSE FANG+ ETF
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct)
Mirae Asset NYSE FANG+ ETF
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (Direct)
Mirae Asset NYSE FANG+ ETF
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: Portfolio Overlap
From each fund's latest monthly portfolio: EDELWEISS US TECHNOLOGY EQUITY Fund of Fund, September 2026; Mirae Asset NYSE FANG+ ETF, September 2026
Holdings in common
- Overlap
- 0.0%
- Held by both
- 0
- Only in EDELWEISS US TECHNOLOGY EQUITY Fund of
- 0
- Only in Mirae Asset NYSE FANG+ ETF
- 0
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.0% means 0.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in EDELWEISS US TECHNOLOGY EQUITY Fund of Fund
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset NYSE FANG+ ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | EDELWEISS US TECHNOLOGY EQUITY Fund of | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Equity | 96.2% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.8% | -0.0% |
Market cap of stocks
| Market cap | EDELWEISS US TECHNOLOGY EQUITY Fund of | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 0.0% | 0.0% |
| Small Cap | 0.0% | 0.0% |
| Foreign stocks | 96.2% | 100.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | EDELWEISS US TECHNOLOGY EQUITY Fund of | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Other | 96.2% | 0.0% |
| Semiconductors | 0.0% | 31.4% |
| Interactive Media & Services | 0.0% | 20.1% |
| software and services | 0.0% | 10.3% |
| Systems Software | 0.0% | 10.1% |
| Broadline Retail | 0.0% | 9.8% |
| Technology Hardware, Storage & Peripherals | 0.0% | 9.7% |
The six largest sectors of each fund's stocks, % of the fund.
EDELWEISS US TECHNOLOGY EQUITY Fund of vs Mirae Asset NYSE FANG+ ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | EDELWEISS US TECHNOLOGY EQUITY Fund of Fund | Mirae Asset NYSE FANG+ ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.72% | Not available |
| Base expense ratio (Direct) | 0.61% | 0.00% |
| Total expense ratio (Regular) | 1.54% | Not available |
| Base expense ratio (Regular) | 1.31% | 0.55% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund vs Mirae Asset NYSE FANG+ ETF: Frequently Asked Questions
What is the difference between EDELWEISS US TECHNOLOGY EQUITY Fund of Fund and Mirae Asset NYSE FANG+ ETF?
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund is a Fund of Funds fund, Mirae Asset NYSE FANG+ ETF is an ETF fund, run by Edelweiss Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 0.0%. EDELWEISS US TECHNOLOGY EQUITY Fund of Fund charges 0.72% a year and Mirae Asset NYSE FANG+ ETF 0.66%.
Which has given higher returns, EDELWEISS US TECHNOLOGY EQUITY Fund of Fund or Mirae Asset NYSE FANG+ ETF?
Over 1 year: EDELWEISS US TECHNOLOGY EQUITY Fund of Fund +9.59%, Mirae Asset NYSE FANG+ ETF +13.67%. Over 3 years: EDELWEISS US TECHNOLOGY EQUITY Fund of Fund +32.98% a year, Mirae Asset NYSE FANG+ ETF +41.96% a year. Over 5 years: EDELWEISS US TECHNOLOGY EQUITY Fund of Fund +13.72% a year, Mirae Asset NYSE FANG+ ETF +23.93% a year. As on 29-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, EDELWEISS US TECHNOLOGY EQUITY Fund of Fund or Mirae Asset NYSE FANG+ ETF?
Mirae Asset NYSE FANG+ ETF charges less: 0.66% a year against 0.72%. These are the total expense ratios reported to AMFI.
How much do EDELWEISS US TECHNOLOGY EQUITY Fund of Fund and Mirae Asset NYSE FANG+ ETF overlap?
0.0%. They hold 0 of the same securities. From each fund's latest monthly portfolio.
Which is riskier, EDELWEISS US TECHNOLOGY EQUITY Fund of Fund or Mirae Asset NYSE FANG+ ETF?
On SEBI's riskometer, EDELWEISS US TECHNOLOGY EQUITY Fund of Fund is rated Very High and Mirae Asset NYSE FANG+ ETF Very High. Over 3 years, the standard deviation of daily returns was 27.00% and 25.54% a year.
Which is better for SIP, EDELWEISS US TECHNOLOGY EQUITY Fund of Fund or Mirae Asset NYSE FANG+ ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹11,32,207 in EDELWEISS US TECHNOLOGY EQUITY Fund of Fund (XIRR 24.6% a year) and ₹14,53,214 in Mirae Asset NYSE FANG+ ETF (XIRR 35.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both EDELWEISS US TECHNOLOGY EQUITY Fund of Fund and Mirae Asset NYSE FANG+ ETF?
Yes. 0.0% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages EDELWEISS US TECHNOLOGY EQUITY Fund of Fund and Mirae Asset NYSE FANG+ ETF?
EDELWEISS US TECHNOLOGY EQUITY Fund of Fund: Bhavesh Jain, Bharat Lahoti. Mirae Asset NYSE FANG+ ETF: Siddharth Srivastava.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.