HDFC Nifty India Digital Index Fund vs Mirae Asset BSE Information Technology Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Nifty India Digital Index Fund is an Index fund and Mirae Asset BSE Information Technology Index Fund is an Index fund. HDFC Nifty India Digital Index Fund charges 0.41% a year and Mirae Asset BSE Information Technology Index Fund 7.96% (Direct plans). Their portfolios overlap 50.1%: they hold 25 of the same securities.
HDFC Nifty India Digital Index Fund
Index
- Expense ratio
- 0.41%
- NAV
- ₹8.69
Mirae Asset BSE Information Technology Index Fund
Index
- Expense ratio
- 7.96%
- NAV
- ₹11.32
Which is better, HDFC Nifty India Digital Index or Mirae Asset BSE Information Technology Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty India Digital Index costs less: 0.41% a year against 7.96% (Direct plans).
- Mirae Asset BSE Information Technology Index fell less in its worst fall since 08-09-2026: −2.1% against −7.9%.
- Mirae Asset BSE Information Technology Index holds more in large companies: 70.7% of the fund in large caps against 50.8%.
- HDFC Nifty India Digital Index is the larger fund: ₹141 Cr against ₹11 Cr.
- Their portfolios overlap 50.1%: 25 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 | HDFC Nifty India Digital Index Fund | Mirae Asset BSE Information Technology Index Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Index |
| AUM | ₹141 Cr (30-09-2026) | ₹11 Cr (30-09-2026) |
| NAV | ₹8.69 (Direct) | ₹11.32 (Direct) |
| Expense ratio (Direct) | 0.41% | 7.96% |
| Expense ratio (Regular) | 0.88% | 8.81% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Digital TRI | BSE Information Technology TRI |
| Launch date | 11-12-2024 | 25-09-2026 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Ritesh Patel, amp, Akshay Udeshi |
| Exit load | NIL | NIL |
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index: 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 |
|---|---|---|---|---|---|---|---|
| HDFC Nifty India Digital Index Fund (Direct) | +7.22% | +0.04% | +11.09% | −7.65% | -- | -- | -- |
| Mirae Asset BSE Information Technology Index Fund (Direct) | +15.00% | -- | -- | -- | -- | -- | -- |
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index: Year-wise Returns
| Year | HDFC Nifty India DigitalHDFC Nifty India Digital Index | Mirae Asset BSE Information TechnologyMirae Asset BSE Information Technology Index |
|---|---|---|
| 2026to date | −8.33% | -- |
| 2025 | −2.33% | -- |
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index: Rolling Returns
Every holding period of both funds, against Nifty India Digital TRI, the benchmark of HDFC Nifty India Digital Index Fund
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty India Digital Index Fund (Direct) | Mirae Asset BSE Information Technology Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.19% | +138.72% |
| Standard deviation | 18.44% | 20.30% |
| Sharpe ratio | -0.69 | 6.57 |
| Sortino ratio | -0.94 | 18.82 |
| Maximum drawdown | −27.6% (31-03-2026) | −2.1% (08-10-2026) |
| Beta | 1.00 | 0.64 |
| Alpha | −0.62% | +97.21% |
From daily NAVs, 11-12-2024 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.
HDFC Nifty India Digital Index Fund (Direct)
Mirae Asset BSE Information Technology Index Fund (Direct)
Nifty India Digital TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty India Digital Index Fund (Direct) | −7.9% | 08-09-2026 | 08-10-2026 | Not yet | -- | −0.9% |
| Mirae Asset BSE Information Technology Index Fund (Direct) | −2.1% | 01-10-2026 | 08-10-2026 | 09-10-2026 | 1 days | 0.0% |
| Nifty India Digital TRI | −7.6% | 08-09-2026 | 08-10-2026 | 16-10-2026 | 8 days | −0.7% |
From daily values since 08-09-2026, the first day every fund has.
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty India Digital Index Fund, September 2026; Mirae Asset BSE Information Technology Index Fund, September 2026
Holdings in common
- Overlap
- 50.1%
- Held by both
- 25
- Only in HDFC Nifty India Digital Index
- 25
- Only in Mirae Asset BSE Information Technology Index
- 62
| Security | % of HDFC Nifty India Digital Index | % of Mirae Asset BSE Information Technology Index |
|---|---|---|
| Infosys Limited | 7.60% | 28.67% |
| Tata Consultancy Services Ltd. | 7.53% | 16.95% |
| HCL Technologies Ltd. | 7.48% | 10.62% |
| Tech Mahindra Ltd. | 5.72% | 7.97% |
| Coforge Limited | 3.60% | 4.94% |
| Persistent Systems Limited | 3.39% | 4.69% |
| Wipro Ltd. | 2.54% | 3.46% |
| LTM Limited | 2.22% | 3.01% |
| MphasiS Limited. | 1.69% | 2.32% |
| Oracle Financial Ser Software Ltd. | 1.50% | 2.06% |
| Tata Technologies Limited | 0.72% | 1.01% |
| Tata Elxsi Ltd. | 0.63% | 0.87% |
| Sagility Limited | 0.58% | 0.80% |
| AFFLE 3I LIMITED | 0.57% | 0.78% |
| Inventurus Knowledge Solutions Limited | 0.54% | 0.73% |
| Netweb Technologies India Limited | 0.53% | 0.70% |
| L&T Technology Services Ltd. | 0.53% | 0.73% |
| Cyient Ltd. | 0.51% | 0.76% |
| KPIT Technologies Ltd | 0.49% | 0.68% |
| Hexaware Technologies Ltd. | 0.43% | 0.59% |
| Intellect Design Arena Limited | 0.33% | 0.45% |
| Zensar Technologies Ltd. | 0.28% | 0.39% |
| Birlasoft Limited | 0.27% | 0.37% |
| Black Box Limited | 0.22% | 0.32% |
| Fractal Analytics Limited | 0.21% | 0.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.1% means 50.1% 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 HDFC Nifty India Digital Index Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd. | 7.53% |
| Eternal Limited | 7.31% |
| One 97 Communications Limited | 5.85% |
| INFO EDGE (INDIA) LIMITED | 3.83% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 3.55% |
Largest holdings only in Mirae Asset BSE Information Technology Index Fund
| Security | % of fund |
|---|---|
| Rategain Travel Technologies Ltd. | 0.42% |
| Sonata Software Ltd. | 0.41% |
| Asm Technologies Ltd. | 0.32% |
| Tanla Platforms Ltd. | 0.27% |
| Newgen Software Technologies Ltd. | 0.25% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty India Digital Index | Mirae Asset BSE Information Technology Index |
|---|---|---|
| Equity | 97.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.4% | -0.0% |
Market cap of stocks
| Market cap | HDFC Nifty India Digital Index | Mirae Asset BSE Information Technology Index |
|---|---|---|
| Large Cap | 50.8% | 70.7% |
| Mid Cap | 35.3% | 14.7% |
| Small Cap | 11.5% | 14.6% |
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 | HDFC Nifty India Digital Index | Mirae Asset BSE Information Technology Index |
|---|---|---|
| IT - Software | 45.9% | 91.8% |
| Retailing | 21.6% | 0.0% |
| Telecom - Services | 13.2% | 0.0% |
| Financial Technology (Fintech) | 9.7% | 0.0% |
| IT - Services | 4.2% | 7.5% |
| Leisure Services | 1.8% | 0.0% |
| IT - Hardware | 0.0% | 0.8% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty India Digital Index vs Mirae Asset BSE Information Technology Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty India Digital Index Fund | Mirae Asset BSE Information Technology Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.41% | 7.96% |
| Base expense ratio (Direct) | 0.30% | 0.18% |
| Total expense ratio (Regular) | 0.88% | 8.81% |
| Base expense ratio (Regular) | 0.71% | 0.90% |
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.
HDFC Nifty India Digital Index Fund vs Mirae Asset BSE Information Technology Index Fund: Frequently Asked Questions
What is the difference between HDFC Nifty India Digital Index Fund and Mirae Asset BSE Information Technology Index Fund?
HDFC Nifty India Digital Index Fund is an Index fund, Mirae Asset BSE Information Technology Index Fund is an Index fund, run by HDFC Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 50.1%. HDFC Nifty India Digital Index Fund charges 0.41% a year and Mirae Asset BSE Information Technology Index Fund 7.96%.
Which has the lower expense ratio, HDFC Nifty India Digital Index Fund or Mirae Asset BSE Information Technology Index Fund?
HDFC Nifty India Digital Index Fund charges less: 0.41% a year against 7.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Nifty India Digital Index Fund and Mirae Asset BSE Information Technology Index Fund overlap?
50.1%. They hold 25 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty India Digital Index Fund or Mirae Asset BSE Information Technology Index Fund?
On SEBI's riskometer, HDFC Nifty India Digital Index Fund is rated Very High and Mirae Asset BSE Information Technology Index Fund Very High. Over their common history, the standard deviation of daily returns was 18.44% and 20.30% a year.
Can I invest in both HDFC Nifty India Digital Index Fund and Mirae Asset BSE Information Technology Index Fund?
Yes. 50.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty India Digital Index Fund and Mirae Asset BSE Information Technology Index Fund?
HDFC Nifty India Digital Index Fund: Nandita Menezes, Arun Agarwal. Mirae Asset BSE Information Technology Index Fund: Ritesh Patel, amp, Akshay Udeshi.
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.