Mirae Asset BSE Information Technology Index Fund vs Nippon India ETF Nifty IT
Direct Plan, Growth option · Data as on 30-10-2026
Mirae Asset BSE Information Technology Index Fund is an Index fund and Nippon India ETF Nifty IT is a mutual fund. Mirae Asset BSE Information Technology Index Fund charges 7.96% a year and Nippon India ETF Nifty IT 0.28% (Direct plans). Their portfolios overlap 84.7%: they hold 10 of the same securities.
Mirae Asset BSE Information Technology Index Fund
Index
- Expense ratio
- 7.96%
- NAV
- ₹11.32
Which is better, Mirae Asset BSE Information Technology Index or Nippon India ETF Nifty IT? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India ETF Nifty IT costs less: 0.28% 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 −7.4%.
- Nippon India ETF Nifty IT holds more in large companies: 81.3% of the fund in large caps against 70.7%.
- Nippon India ETF Nifty IT is the larger fund: ₹3,425 Cr against ₹11 Cr.
- Their portfolios overlap 84.7%: 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 | Mirae Asset BSE Information Technology Index Fund | Nippon India ETF Nifty IT |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹11 Cr (30-09-2026) | ₹3,425 Cr (30-09-2026) |
| NAV | ₹11.32 (Direct) | ₹36.35 (Direct) |
| Expense ratio (Direct) | 7.96% | 0.28% |
| Expense ratio (Regular) | 8.81% | Not available |
| Riskometer | Very High | Not available |
| Benchmark | BSE Information Technology TRI | Not available |
| Launch date | 25-09-2026 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Ritesh Patel, amp, Akshay Udeshi | Not available |
| Exit load | NIL | Not available |
Mirae Asset BSE Information Technology Index vs Nippon India ETF Nifty IT: 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset BSE Information Technology Index Fund (Direct) | +15.00% | -- | -- | -- | -- | -- | -- |
| Nippon India ETF Nifty IT (Direct) | +18.03% | +4.82% | +12.01% | −7.81% | +3.95% | +0.68% | -- |
Mirae Asset BSE Information Technology Index vs Nippon India ETF Nifty IT: Year-wise Returns
| Year | Mirae Asset BSE Information Technology IndexMirae Asset BSE Information Technology Index | Nippon India ETF Nifty ITNippon India ETF Nifty IT |
|---|---|---|
| 2026to date | -- | −12.64% |
| 2025 | -- | −10.65% |
| 2024 | -- | +24.06% |
| 2023 | -- | +26.02% |
| 2022 | -- | −24.68% |
| 2021 | -- | +61.89% |
Mirae Asset BSE Information Technology Index vs Nippon India ETF Nifty IT: Rolling Returns
Every holding period of both funds, against BSE Information Technology TRI, the benchmark of Mirae Asset BSE Information Technology Index Fund
Mirae Asset BSE Information Technology Index vs Nippon India ETF Nifty IT: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset BSE Information Technology Index Fund (Direct) | Nippon India ETF Nifty IT (Direct) |
|---|---|---|
| Return (CAGR) | +138.72% | +15.29% |
| Standard deviation | 20.30% | 21.87% |
| Sharpe ratio | 6.57 | 0.46 |
| Sortino ratio | 18.82 | 0.67 |
| Maximum drawdown | −2.1% (08-10-2026) | −42.2% (01-07-2026) |
| Beta | 0.64 | 1.00 |
| Alpha | +97.21% | −0.31% |
From daily NAVs, 08-09-2026 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.
Mirae Asset BSE Information Technology Index Fund (Direct)
Nippon India ETF Nifty IT (Direct)
BSE Information Technology TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset BSE Information Technology Index Fund (Direct) | −2.1% | 01-10-2026 | 08-10-2026 | 09-10-2026 | 1 days | 0.0% |
| Nippon India ETF Nifty IT (Direct) | −7.4% | 08-09-2026 | 29-09-2026 | 14-10-2026 | 15 days | 0.0% |
| BSE Information Technology TRI | −7.3% | 08-09-2026 | 08-10-2026 | 14-10-2026 | 6 days | −0.0% |
From daily values since 08-09-2026, the first day every fund has.
Mirae Asset BSE Information Technology Index vs Nippon India ETF Nifty IT: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset BSE Information Technology Index Fund, September 2026; Nippon India ETF Nifty IT, September 2026
Holdings in common
- Overlap
- 84.7%
- Held by both
- 10
- Only in Mirae Asset BSE Information Technology Index
- 77
- Only in Nippon India ETF Nifty IT
- 0
| Security | % of Mirae Asset BSE Information Technology Index | % of Nippon India ETF Nifty IT |
|---|---|---|
| Infosys Ltd. | 28.67% | 31.29% |
| Tata Consultancy Services Ltd. | 16.95% | 19.07% |
| HCL Technologies Ltd. | 10.62% | 11.80% |
| Tech Mahindra Ltd. | 7.97% | 10.47% |
| Coforge Ltd. | 4.94% | 6.59% |
| Persistent Systems Ltd. | 4.69% | 6.21% |
| Wipro Ltd. | 3.46% | 4.64% |
| LTM Ltd. | 3.01% | 4.06% |
| Mphasis Ltd. | 2.32% | 3.09% |
| Oracle Financial Services Software Ltd. | 2.06% | 2.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 84.7% means 84.7% 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 Mirae Asset BSE Information Technology Index Fund
| Security | % of fund |
|---|---|
| Tata Technologies Ltd. | 1.01% |
| Tata Elxsi Ltd. | 0.87% |
| Sagility Ltd. | 0.80% |
| AFFLE 3I Ltd. | 0.78% |
| Cyient Ltd. | 0.76% |
Largest holdings only in Nippon India ETF Nifty IT
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 | Mirae Asset BSE Information Technology Index | Nippon India ETF Nifty IT |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.0% |
Market cap of stocks
| Market cap | Mirae Asset BSE Information Technology Index | Nippon India ETF Nifty IT |
|---|---|---|
| Large Cap | 70.7% | 81.3% |
| Mid Cap | 14.7% | 18.6% |
| Small Cap | 14.6% | 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 | Mirae Asset BSE Information Technology Index | Nippon India ETF Nifty IT |
|---|---|---|
| IT - Software | 91.8% | 100.0% |
| IT - Services | 7.5% | 0.0% |
| IT - Hardware | 0.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset BSE Information Technology Index vs Nippon India ETF Nifty IT: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset BSE Information Technology Index Fund | Nippon India ETF Nifty IT |
|---|---|---|
| Total expense ratio (Direct) | 7.96% | 0.28% |
| Base expense ratio (Direct) | 0.18% | 0.19% |
| Total expense ratio (Regular) | 8.81% | Not available |
| Base expense ratio (Regular) | 0.90% | 0.00% |
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.
Mirae Asset BSE Information Technology Index Fund vs Nippon India ETF Nifty IT: Frequently Asked Questions
What is the difference between Mirae Asset BSE Information Technology Index Fund and Nippon India ETF Nifty IT?
Mirae Asset BSE Information Technology Index Fund is an Index fund, Nippon India ETF Nifty IT is a mutual fund, run by Mirae Asset Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 84.7%. Mirae Asset BSE Information Technology Index Fund charges 7.96% a year and Nippon India ETF Nifty IT 0.28%.
Which has the lower expense ratio, Mirae Asset BSE Information Technology Index Fund or Nippon India ETF Nifty IT?
Nippon India ETF Nifty IT charges less: 0.28% a year against 7.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Mirae Asset BSE Information Technology Index Fund and Nippon India ETF Nifty IT overlap?
84.7%. They hold 10 of the same securities, the largest shared ones being INFY, TCS, HCLTECH. From each fund's latest monthly portfolio.
Can I invest in both Mirae Asset BSE Information Technology Index Fund and Nippon India ETF Nifty IT?
Yes. 84.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.