Mirae Asset BSE Information Technology Index Fund vs UTI Nifty IT ETF
Direct Plan, Growth option · Data as on 30-10-2026
Mirae Asset BSE Information Technology Index Fund is an Index fund and UTI Nifty IT ETF is an ETF fund. 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 UTI 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 BSE Information Technology Index fell less in its worst fall since 08-09-2026: −2.1% against −7.4%.
- UTI Nifty IT ETF holds more in large companies: 81.1% of the fund in large caps against 70.7%.
- Mirae Asset BSE Information Technology Index is the larger fund: ₹11 Cr against ₹6 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 | UTI Nifty IT ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | UTI Mutual Fund |
| Category | Index | ETF |
| AUM | ₹11 Cr (30-09-2026) | ₹6 Cr (30-09-2026) |
| NAV | ₹11.32 (Direct) | ₹344.17 (Direct) |
| Expense ratio (Direct) | 7.96% | 0.00% |
| Expense ratio (Regular) | 8.81% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Information Technology TRI | Nifty IT TRI |
| Launch date | 25-09-2026 | 25-01-2024 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ritesh Patel, amp, Akshay Udeshi | Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3 |
| Exit load | NIL | Nil |
Mirae Asset BSE Information Technology Index vs UTI 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset BSE Information Technology Index Fund (Direct) | +15.00% | -- | -- | -- | -- | -- | -- |
| UTI Nifty IT ETF (Direct) | +17.99% | +4.87% | +12.08% | −7.63% | -- | -- | -- |
Mirae Asset BSE Information Technology Index vs UTI Nifty IT ETF: Year-wise Returns
| Year | Mirae Asset BSE Information Technology IndexMirae Asset BSE Information Technology Index | UTI Nifty IT ETFUTI Nifty IT ETF |
|---|---|---|
| 2026to date | -- | −12.55% |
| 2025 | -- | −10.50% |
Mirae Asset BSE Information Technology Index vs UTI Nifty IT ETF: 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 UTI Nifty IT ETF: 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) | UTI Nifty IT ETF (Direct) |
|---|---|---|
| Return (CAGR) | +138.72% | −2.27% |
| Standard deviation | 20.30% | 22.57% |
| Sharpe ratio | 6.57 | -0.36 |
| Sortino ratio | 18.82 | -0.52 |
| Maximum drawdown | −2.1% (08-10-2026) | −42.0% (01-07-2026) |
| Beta | 0.64 | 1.00 |
| Alpha | +97.21% | −0.16% |
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)
UTI Nifty IT ETF (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% |
| UTI Nifty IT ETF (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 UTI Nifty IT ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset BSE Information Technology Index Fund, September 2026; UTI Nifty IT ETF, September 2026
Holdings in common
- Overlap
- 84.7%
- Held by both
- 10
- Only in Mirae Asset BSE Information Technology Index
- 77
- Only in UTI Nifty IT ETF
- 0
| Security | % of Mirae Asset BSE Information Technology Index | % of UTI Nifty IT ETF |
|---|---|---|
| Infosys Ltd. | 28.67% | 31.18% |
| Tata Consultancy Services Ltd. | 16.95% | 19.01% |
| HCL Technologies Ltd. | 10.62% | 11.76% |
| Tech Mahindra Ltd. | 7.97% | 10.43% |
| Coforge Ltd. | 4.94% | 6.57% |
| Persistent Systems Ltd. | 4.69% | 6.19% |
| Wipro Ltd. | 3.46% | 4.63% |
| LTM Ltd. | 3.01% | 4.05% |
| Mphasis Ltd. | 2.32% | 3.07% |
| Oracle Financial Services Software Ltd. | 2.06% | 2.74% |
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 UTI 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 | Mirae Asset BSE Information Technology Index | UTI Nifty IT ETF |
|---|---|---|
| Equity | 100.0% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.0% | 0.4% |
Market cap of stocks
| Market cap | Mirae Asset BSE Information Technology Index | UTI Nifty IT ETF |
|---|---|---|
| Large Cap | 70.7% | 81.1% |
| 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 | UTI Nifty IT ETF |
|---|---|---|
| IT - Software | 91.8% | 99.6% |
| 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 UTI Nifty IT ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset BSE Information Technology Index Fund | UTI Nifty IT ETF |
|---|---|---|
| Total expense ratio (Direct) | 7.96% | 0.00% |
| Base expense ratio (Direct) | 0.18% | 0.00% |
| Total expense ratio (Regular) | 8.81% | Not available |
| Base expense ratio (Regular) | 0.90% | 0.18% |
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 UTI Nifty IT ETF: Frequently Asked Questions
What is the difference between Mirae Asset BSE Information Technology Index Fund and UTI Nifty IT ETF?
Mirae Asset BSE Information Technology Index Fund is an Index fund, UTI Nifty IT ETF is an ETF fund, run by Mirae Asset Mutual Fund and UTI Mutual Fund. Their portfolios overlap 84.7%.
How much do Mirae Asset BSE Information Technology Index Fund and UTI Nifty IT ETF 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.
Which is riskier, Mirae Asset BSE Information Technology Index Fund or UTI Nifty IT ETF?
On SEBI's riskometer, Mirae Asset BSE Information Technology Index Fund is rated Very High and UTI Nifty IT ETF Very High. Over their common history, the standard deviation of daily returns was 20.30% and 22.57% a year.
Can I invest in both Mirae Asset BSE Information Technology Index Fund and UTI Nifty IT ETF?
Yes. 84.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset BSE Information Technology Index Fund and UTI Nifty IT ETF?
Mirae Asset BSE Information Technology Index Fund: Ritesh Patel, amp, Akshay Udeshi. UTI Nifty IT ETF: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.
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.