Mirae Asset Hang Seng TECH ETF tops FY25 mutual funds
In FY25, 36 equity mutual funds achieved double-digit returns, with the Mirae Asset Hang Seng TECH ETF FoF leading at 102.58%. Other strong performers included Mirae Asset NYSE FANG+ETF FoF and Edelweiss Gr China Equity Off-Shore Fund. The report highlights that around 488 funds were evaluated, with several others also showing notable returns. HDFC Pharma and Healthcare Fund and Axis Greater China Equity FoF followed with returns of 22.03% and 20.55%, respectively. Conversely, 201 funds reported negative returns, with Samco Flexi Cap Fund and Samco ELSS Tax Saver Fund experiencing the largest losses. The analysis covered performance from April 1, 2024, to March 15, 2025.