Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty IT ETF

Holds 10 companies worth ₹92 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹92 CrMirae Asset Nifty IT ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 9.1% on Aug 2026, ₹101 Cr.

  • Largest holding

    InfosysInfosys is 31.3% of this scheme's NAV.

  • Fund manager

    Ritesh PatelRuns it since 12 Mar 2025, as the fund house dates it. With Sudip Shere (fund manager).

Overview(24 Mar 2025)

Fund managers2

  1. Ritesh PatelFund manager · Mar 2025 · 14y
  2. Sudip ShereFund manager · Oct 2026 · 9y · PGDM
  1. Ekta GalaOct 2023 – Oct 2026
  2. Vishal SinghOct 2023 – Mar 2025

Key facts

Benchmark
Mirae Asset Nifty IT Index
Risk
Very High
Expense
Regular 0.11% · Direct 0%
Exit load
Nil
Started
20 Oct 2023
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 1,20,000 units

Source.Its Scheme Summary Document as of 24 Mar 2025 at AMFI.

What changed(6 changes)

Oct 2026

2 changes
  1. Sudip Shere joined
    9 Octas fund manager
  2. Ekta Gala left
    9 Octran it as fund manager from Oct 2023

Mar 2025

3 changes
  1. Expense ratio
    19 Mar0.001 → Regular 0.11% · Direct 0%
  2. Ritesh Patel joined
    12 Maras fund manager
  3. Vishal Singh left
    12 Marran it as fund manager from Oct 2023

Sept 2024

1 change
  1. Expense ratio
    2 Sept0.10% → 0.001

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Oct 2023 – now)

  1. Ritesh Patel
  2. Sudip Shere
  3. Ekta Gala
  4. Vishal Singh
MainCoSlice20242025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Mar 2025 – Mar 2025)

Every change to the expense ratio, newest first.
1 filingRegularDirectΔ pt
19 Mar 20250.11%0.00%–
Direct plan, 19 Mar 2025
0.00%
Regular plan 0.11% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(24 Mar 2025)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty IT Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Nifty IT Total Return Index
Benchmark
Mirae Asset Nifty IT Index

Asset allocation it may hold% of NAV

  1. Securities included in the Nifty IT Index
    Allowed95–100%

Holds in Sept 2026.100.0% equity

How to invest(24 Mar 2025)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 1,20,000 units
Most
Any Amount

Selling and switching

Scheme details(24 Mar 2025)

What it is

Category
Other ETFs
Offer
13 Oct 2023 to 18 Oct 2023
Started
20 Oct 2023
Reopened
23 Oct 2023
Plans
Regular Plan - Growth
Face value
₹10
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
Enabled.
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
Auditor
M/s. Chokshi & Chokshi, Chartered Accountants
Registrar
KFIN Technologies Limited
SEBI code
MIRA/O/O/EET/23/09/0058