DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP NIFTY IT ETF is an ETF fund and Mirae Asset Nifty IT ETF is an ETF fund. In the 3 years to 30-10-2026, DSP NIFTY IT ETF returned 4.1% a year and Mirae Asset Nifty IT ETF returned 4.1% a year. DSP NIFTY IT ETF charges 0.26% a year and Mirae Asset Nifty IT ETF 0.39%. Their portfolios overlap 99.9%: they hold 10 of the same securities.
Which is better, DSP NIFTY IT ETF or Mirae Asset Nifty IT 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 Nifty IT ETF returned more over 3 years: 4.1% a year against 4.1%.
- DSP NIFTY IT ETF returned more over 1 year: −7.4% against −7.6%.
- DSP NIFTY IT ETF costs less: 0.26% a year against 0.39%.
- DSP NIFTY IT ETF swung less over 3 years: a standard deviation of 22.5% a year against 22.5%.
- DSP NIFTY IT ETF fell less in its worst fall since 23-10-2023: −42.0% against −42.1%.
- DSP NIFTY IT ETF is the larger fund: ₹165 Cr against ₹92 Cr.
- Their portfolios overlap 99.9%: 10 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 | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹165 Cr (30-09-2026) | ₹92 Cr (30-09-2026) |
| NAV | ₹34.74 | ₹34.69 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty IT TRI | Nifty IT TRI |
| Launch date | 07-07-2023 | 20-10-2023 |
| Minimum investment | ₹5,000 | On exchange in multiple of 1 unit. With AMC: In multiples of 1,20,000 units |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Ekta Gala, amp, Ritesh Patel |
| Exit load | Nil | NIL |
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP NIFTY IT ETF | +18.02% | +4.93% | +12.27% | −7.43% | +4.07% | -- | -- |
| Mirae Asset Nifty IT ETF | +18.05% | +4.87% | +12.15% | −7.64% | +4.11% | -- | -- |
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Year-wise Returns
| Year | DSPDSP NIFTY IT ETF | Mirae AssetMirae Asset Nifty IT ETF | Nifty IT TRI |
|---|---|---|---|
| 2026to date | −12.40% | −12.49% | −12.48% |
| 2025 | −10.51% | −10.54% | −10.44% |
| 2024 | +23.93% | +24.27% | +24.42% |
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Rolling Returns
Every holding period of both funds, against Nifty IT TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 499 of them, one for each trading day from 23-10-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
DSP NIFTY IT ETF
Mirae Asset Nifty IT ETF
Nifty IT TRI
to
Dec 2024Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Dec 2024
to
Dec 2025May 2025
to
May 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP NIFTY IT ETF | 65.9 | 4.6 | 5.2 | 7.4 | 5.6 | 1.6 | 9.6 | −3.1% | −9.8% | −32.1% | 41.3% | 32% |
| Mirae Asset Nifty IT ETF | 65.9 | 3.8 | 5.8 | 7.4 | 5.6 | 1.4 | 10.0 | −3.0% | −9.8% | −32.2% | 41.7% | 5% |
| Nifty IT TRI | 65.9 | 3.6 | 6.0 | 7.0 | 5.8 | 1.6 | 10.0 | −2.9% | −9.7% | −32.2% | 41.8% | -- |
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. The benchmark is Nifty IT TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 23-10-2023. Past returns do not promise future returns.
DSP NIFTY IT ETF vs Mirae Asset Nifty IT 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 03-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| DSP NIFTY IT ETFDSP NIFTY IT ETF | ₹3,70,000 | ₹3,56,882 | −₹13,118 | −2.3% |
| Mirae Asset Nifty IT ETFMirae Asset Nifty IT ETF | ₹3,70,000 | ₹3,56,900 | −₹13,100 | −2.3% |
DSP NIFTY IT ETFDSP NIFTY IT ETF
Mirae Asset Nifty IT ETFMirae Asset Nifty IT 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.
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Return (CAGR) | −7.43% | −7.64% |
| Standard deviation | 26.03% | 26.09% |
| Sharpe ratio | -0.49 | -0.49 |
| Sortino ratio | -0.68 | -0.69 |
| Maximum drawdown | −34.0% (01-07-2026) | −34.0% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | +0.14% | −0.03% |
From daily NAVs, 30-10-2025 to 30-10-2026. 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 | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Return (CAGR) | +4.07% | +4.11% |
| Standard deviation | 22.51% | 22.53% |
| Sharpe ratio | -0.09 | -0.08 |
| Sortino ratio | -0.13 | -0.12 |
| Maximum drawdown | −42.0% (01-07-2026) | −42.1% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.14% | −0.10% |
From daily NAVs, 30-10-2023 to 30-10-2026. 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 | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Return (CAGR) | +5.04% | +3.98% |
| Standard deviation | 22.01% | 22.48% |
| Sharpe ratio | -0.05 | -0.09 |
| Sortino ratio | -0.07 | -0.13 |
| Maximum drawdown | −42.0% (01-07-2026) | −42.1% (01-07-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.14% | −0.10% |
From daily NAVs, 07-07-2023 to 30-10-2026. 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.
DSP NIFTY IT ETF
Mirae Asset Nifty IT ETF
Nifty IT TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP NIFTY IT ETF | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.1% |
| Mirae Asset Nifty IT ETF | −42.1% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.3% |
| Nifty IT TRI | −42.0% | 13-12-2024 | 01-07-2026 | Not yet | -- | −26.1% |
From daily values since 23-10-2023, 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.
DSP NIFTY IT ETF
Mirae Asset Nifty IT ETF
Nifty IT TRI
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.
DSP NIFTY IT ETF
Mirae Asset Nifty IT ETF
Nifty IT TRI
Against Nifty IT TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| DSP NIFTY IT ETF | 100% | 100% | 0.18% |
| Mirae Asset Nifty IT ETF | 100% | 100% | 0.07% |
From month-end values since 23-10-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP NIFTY IT ETF, September 2026; Mirae Asset Nifty IT ETF, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 10
- Only in DSP NIFTY IT ETF
- 0
- Only in Mirae Asset Nifty IT ETF
- 0
| Security | % of DSP NIFTY IT ETF | % of Mirae Asset Nifty IT ETF |
|---|---|---|
| Infosys Limited | 31.28% | 31.30% |
| Tata Consultancy Services Limited | 19.07% | 19.08% |
| HCL Technologies Limited | 11.80% | 11.81% |
| Tech Mahindra Limited | 10.47% | 10.47% |
| Coforge Limited | 6.59% | 6.59% |
| Persistent Systems Limited | 6.21% | 6.21% |
| Wipro Limited | 4.64% | 4.64% |
| Ltm Limited | 4.06% | 4.06% |
| Mphasis Limited | 3.08% | 3.09% |
| Oracle Financial Services Software Limited | 2.74% | 2.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 DSP NIFTY IT ETF
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset Nifty IT 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 | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.0% |
Market cap of stocks
| Market cap | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Large Cap | 81.3% | 81.4% |
| Mid Cap | 18.6% | 18.6% |
| Small Cap | 0.0% | 0.0% |
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 | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| IT - Software | 99.9% | 100.0% |
The six largest sectors of each fund's stocks, % of the fund.
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP NIFTY IT ETF | Mirae Asset Nifty IT ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.17% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.09% |
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.
DSP NIFTY IT ETF vs Mirae Asset Nifty IT ETF: Frequently Asked Questions
What is the difference between DSP NIFTY IT ETF and Mirae Asset Nifty IT ETF?
DSP NIFTY IT ETF is an ETF fund, Mirae Asset Nifty IT ETF is an ETF fund, run by DSP Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 99.9%. DSP NIFTY IT ETF charges 0.26% a year and Mirae Asset Nifty IT ETF 0.39%.
Which has given higher returns, DSP NIFTY IT ETF or Mirae Asset Nifty IT ETF?
Over 1 year: DSP NIFTY IT ETF −7.43%, Mirae Asset Nifty IT ETF −7.64%. Over 3 years: DSP NIFTY IT ETF +4.07% a year, Mirae Asset Nifty IT ETF +4.11% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP NIFTY IT ETF or Mirae Asset Nifty IT ETF?
DSP NIFTY IT ETF charges less: 0.26% a year against 0.39%. These are the total expense ratios reported to AMFI.
How much do DSP NIFTY IT ETF and Mirae Asset Nifty IT ETF overlap?
99.9%. They hold 10 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Which is riskier, DSP NIFTY IT ETF or Mirae Asset Nifty IT ETF?
On SEBI's riskometer, DSP NIFTY IT ETF is rated Very High and Mirae Asset Nifty IT ETF Very High. Over 3 years, the standard deviation of daily returns was 22.51% and 22.53% a year.
Which is better for SIP, DSP NIFTY IT ETF or Mirae Asset Nifty IT ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,56,882 in DSP NIFTY IT ETF (XIRR -2.3% a year) and ₹3,56,900 in Mirae Asset Nifty IT ETF (XIRR -2.3% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both DSP NIFTY IT ETF and Mirae Asset Nifty IT ETF?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages DSP NIFTY IT ETF and Mirae Asset Nifty IT ETF?
DSP NIFTY IT ETF: Anil Ghelani, Diipesh Shah, Neha Rathi. Mirae Asset Nifty IT ETF: Ekta Gala, amp, Ritesh Patel.
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.