Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset BSE Select IPO ETF is an ETF fund and Mirae Asset Nifty India Internet ETF is an ETF fund. In the year to 30-10-2026, Mirae Asset BSE Select IPO ETF returned −10.7% and Mirae Asset Nifty India Internet ETF returned −11.6%. Mirae Asset BSE Select IPO ETF charges 0.59% a year and Mirae Asset Nifty India Internet ETF 0.47%. Their portfolios overlap 27.3%: they hold 10 of the same securities.
Mirae Asset BSE Select IPO ETF
ETF
- 1 year return
- −10.7%
- Expense ratio
- 0.59%
- NAV
- ₹44.53
Mirae Asset Nifty India Internet ETF
ETF
- 1 year return
- −11.6%
- Expense ratio
- 0.47%
- NAV
- ₹13.19
Which is better, Mirae Asset BSE Select IPO ETF or Mirae Asset Nifty India Internet 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 Select IPO ETF returned more over 1 year: −10.7% against −11.6%.
- Mirae Asset Nifty India Internet ETF costs less: 0.47% a year against 0.59%.
- Mirae Asset BSE Select IPO ETF fell less in its worst fall since 02-07-2025: −24.6% against −28.3%.
- Mirae Asset Nifty India Internet ETF is the larger fund: ₹36 Cr against ₹23 Cr.
- Their portfolios overlap 27.3%: 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 Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹23 Cr (30-09-2026) | ₹36 Cr (30-09-2026) |
| NAV | ₹44.53 | ₹13.19 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | BSE Select IPO TRI (Total Return Index) | Nifty India Internet TRI |
| Launch date | 10-03-2025 | 01-07-2025 |
| Minimum investment | On exchange in multiple of 1 unit. With AMC: In multiples of 1,00,000 units | On exchange in multiple of 1 unit. With AMC: In multiples of 5,000 units |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Vishal Singh | Ekta Gala, amp, Vishal Singh |
| Exit load | NIL | NIL |
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet 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 Select IPO ETF | −3.54% | −4.82% | +2.96% | −10.67% | -- | -- | -- |
| Mirae Asset Nifty India Internet ETF | −2.32% | −3.29% | +8.98% | −11.63% | -- | -- | -- |
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet ETF: Year-wise Returns
| Year | BSE Select IPOMirae Asset BSE Select IPO ETF | Nifty India InternetMirae Asset Nifty India Internet ETF |
|---|---|---|
| 2026to date | −3.55% | −5.89% |
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet ETF: Rolling Returns
Every holding period of both funds, against BSE SELECT IPO TRI, the benchmark of Mirae Asset BSE Select IPO ETF
Rolling returns
Every 1-year holding period, 82 of them, one for each trading day from 02-07-2026 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.
Mirae Asset BSE Select IPO ETF
Mirae Asset Nifty India Internet ETF
BSE SELECT IPO TRI
to
Jul 2026Aug 2025
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset BSE Select IPO ETF | 91.5 | 8.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −4.3% | −4.2% | −13.1% | 1.8% | 0% |
| Mirae Asset Nifty India Internet ETF | 64.6 | 35.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −2.2% | −0.7% | −12.2% | 4.9% | 78% |
| BSE SELECT IPO TRI | 87.8 | 12.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −3.8% | −3.8% | −12.8% | 2.2% | -- |
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 BSE SELECT IPO 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 02-07-2025. Past returns do not promise future returns.
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet 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 01-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset BSE Select IPO ETFMirae Asset BSE Select IPO ETF | ₹1,60,000 | ₹1,55,988 | −₹4,012 | −3.6% |
| Mirae Asset Nifty India Internet ETFMirae Asset Nifty India Internet ETF | ₹1,60,000 | ₹1,59,296 | −₹704 | −0.6% |
Mirae Asset BSE Select IPO ETFMirae Asset BSE Select IPO ETF
Mirae Asset Nifty India Internet ETFMirae Asset Nifty India Internet 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.
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset BSE Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Return (CAGR) | −10.67% | −11.63% |
| Standard deviation | 18.10% | 22.73% |
| Sharpe ratio | -0.88 | -0.74 |
| Sortino ratio | -1.17 | -1.00 |
| Maximum drawdown | −23.5% (31-03-2026) | −27.9% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.38% | −0.23% |
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 | Mirae Asset BSE Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Return (CAGR) | +7.16% | −1.23% |
| Standard deviation | 17.83% | 21.46% |
| Sharpe ratio | 0.10 | -0.30 |
| Sortino ratio | 0.14 | -0.42 |
| Maximum drawdown | −24.6% (31-03-2026) | −28.3% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | −0.25% |
From daily NAVs, 11-03-2025 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.
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 Select IPO ETF
Mirae Asset Nifty India Internet ETF
BSE SELECT IPO TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset BSE Select IPO ETF | −24.6% | 19-09-2025 | 31-03-2026 | Not yet | -- | −11.9% |
| Mirae Asset Nifty India Internet ETF | −28.3% | 28-10-2025 | 30-03-2026 | 23-09-2026 | 6 months | −12.3% |
| BSE SELECT IPO TRI | −24.4% | 19-09-2025 | 30-03-2026 | Not yet | -- | −11.5% |
From daily values since 02-07-2025, 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.
Mirae Asset BSE Select IPO ETF
Mirae Asset Nifty India Internet ETF
BSE SELECT IPO TRI
Against BSE SELECT IPO TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Mirae Asset BSE Select IPO ETF | 99% | 101% | 0.05% |
| Mirae Asset Nifty India Internet ETF | 129% | 115% | 9.73% |
From month-end values since 02-07-2025. 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.
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset BSE Select IPO ETF, September 2026; Mirae Asset Nifty India Internet ETF, September 2026
Holdings in common
- Overlap
- 27.3%
- Held by both
- 10
- Only in Mirae Asset BSE Select IPO ETF
- 60
- Only in Mirae Asset Nifty India Internet ETF
- 14
| Security | % of Mirae Asset BSE Select IPO ETF | % of Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Eternal Ltd. | 5.24% | 19.72% |
| One 97 Communications Ltd. | 5.02% | 14.30% |
| Meesho Ltd. | 5.51% | 4.13% |
| FSN E-Commerce Ventures Ltd. | 3.21% | 8.67% |
| PB Fintech Ltd. | 2.77% | 7.48% |
| Swiggy Ltd. | 2.72% | 7.44% |
| Billionbrains Garage Ventures Ltd. | 1.94% | 5.21% |
| Pine Labs Ltd. | 1.40% | 1.91% |
| Physicswallah Ltd. | 0.52% | 1.44% |
| Urban Company Ltd. | 0.39% | 1.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.3% means 27.3% 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 Select IPO ETF
| Security | % of fund |
|---|---|
| Lenskart Solutions Ltd. | 5.19% |
| Tata Motors Ltd. | 4.98% |
| Jio Financial Services Ltd. | 4.92% |
| Life Insurance Corporation of India | 4.00% |
| Sona Blw Precision Forgings Ltd. | 2.72% |
Largest holdings only in Mirae Asset Nifty India Internet ETF
| Security | % of fund |
|---|---|
| Info Edge (India) Ltd. | 9.35% |
| Angel One Ltd. | 3.54% |
| Motilal Oswal Financial Services Ltd. | 3.12% |
| Indian Railway Catering & Tourism Corporation Ltd. | 2.72% |
| CarTrade Tech Ltd. | 2.46% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset BSE Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| 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 Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Large Cap | 25.8% | 24.9% |
| Mid Cap | 46.4% | 57.2% |
| Small Cap | 27.9% | 17.9% |
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 Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Retailing | 24.3% | 55.0% |
| Financial Technology (Fintech) | 9.2% | 24.3% |
| Capital Markets | 5.0% | 12.7% |
| Finance | 11.5% | 0.0% |
| Pharmaceuticals & Biotechnology | 6.8% | 0.0% |
| Electrical Equipment | 5.1% | 0.0% |
| Leisure Services | 1.7% | 4.9% |
| Entertainment | 0.0% | 1.7% |
| Other Consumer Services | 0.5% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset BSE Select IPO ETF vs Mirae Asset Nifty India Internet ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset BSE Select IPO ETF | Mirae Asset Nifty India Internet ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.32% | 0.29% |
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 Select IPO ETF vs Mirae Asset Nifty India Internet ETF: Frequently Asked Questions
What is the difference between Mirae Asset BSE Select IPO ETF and Mirae Asset Nifty India Internet ETF?
Mirae Asset BSE Select IPO ETF is an ETF fund, Mirae Asset Nifty India Internet ETF is an ETF fund, run by Mirae Asset Mutual Fund. Their portfolios overlap 27.3%. Mirae Asset BSE Select IPO ETF charges 0.59% a year and Mirae Asset Nifty India Internet ETF 0.47%.
Which has given higher returns, Mirae Asset BSE Select IPO ETF or Mirae Asset Nifty India Internet ETF?
Over 1 year: Mirae Asset BSE Select IPO ETF −10.67%, Mirae Asset Nifty India Internet ETF −11.63%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset BSE Select IPO ETF or Mirae Asset Nifty India Internet ETF?
Mirae Asset Nifty India Internet ETF charges less: 0.47% a year against 0.59%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset BSE Select IPO ETF and Mirae Asset Nifty India Internet ETF overlap?
27.3%. They hold 10 of the same securities, the largest shared ones being ETERNAL, PAYTM, MEESHO. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset BSE Select IPO ETF or Mirae Asset Nifty India Internet ETF?
On SEBI's riskometer, Mirae Asset BSE Select IPO ETF is rated Very High and Mirae Asset Nifty India Internet ETF Very High. Over 1 years, the standard deviation of daily returns was 18.10% and 22.73% a year.
Can I invest in both Mirae Asset BSE Select IPO ETF and Mirae Asset Nifty India Internet ETF?
Yes. 27.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Mirae Asset BSE Select IPO ETF and Mirae Asset Nifty India Internet ETF?
Mirae Asset BSE Select IPO ETF: Ekta Gala, amp, Vishal Singh. Mirae Asset Nifty India Internet ETF: Ekta Gala, amp, Vishal Singh.
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.