Mirae Asset Hang Seng TECH ETF Fund of Fund - Direct Plan - Growth
Mirae Asset Mutual Fund
Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)
Best SIP day: the 25th.
Best SIP day for this fund
The 25th
Thin edgeThe 25th had the highest full-history XIRR for this fund. But 57 months of history is too little to tell whether the date matters at all.
Why the 25th
- Highest return of all 28 dates11.754%
Full-history XIRR, 0.58 pp above the middle of the month (11.171%).
- How far apart the 28 dates are0.81 pp
From the 3rd (10.947%) up to the 25th. Wider than the 0.25 pp a date effect needs, but the order of dates didn't hold (0.54, needs 0.6).
- What the spread is worth₹14,028
Between the highest- and lowest-value dates (the 25th and the 3rd) on a notional ₹10,000 a month: 1.9% of the ₹7.6 lakh it grew to over 4.8 years.
Missing one instalment costs more than picking this date over a typical one.
A spread of 0.81 pp is hard to tell apart from the noise a history this short produces, so this verdict reflects the length of the history as much as the fund.
Higher than todayLower than todayTodayBest dayNot a SIP date
Each SIP date shows its full-history XIRR. Dates shaded as “higher than today” beat today’s date; the other shade fell short. Weakest to strongest across all 28 is 0.81 pp, and the deeper the fill, the further from today’s figure that date sat. Tap a date (1–28) to compare it with the named day; that does not change the answer.
Loading the calendarDoes not change the named day.
What to keep in mind
A spread of 0.81 pp is hard to tell apart from the noise a history this short produces, so this verdict reflects the length of the history as much as the fund.
This fund is marked reduced confidence: 57 months of history leaves too few independent 3-year stretches for the numbers above to settle.