Mirae Asset BSE Information Technology Index Fund
This is the Direct plan of Mirae Asset BSE Information Technology Index Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
No 3-year record to rank on yet
Volatility 25.4% vs 16.7% category avg
8.0% expense vs 0.6% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- More volatile than its Index Funds peers (25.4% vs 16.7%)
- High expense ratio (7.96%) vs the Index Funds average of 0.63%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Index Funds)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +6.23% | +6.78% | -0.55% |
| 3M abs | — | -0.14% | — |
| 6M abs | — | +6.59% | — |
| 1Y CAGR | — | +0.99% | — |
| 3Y CAGR | — | +12.12% | — |
| 5Y CAGR | — | +9.54% | — |
Category average across peers in Index Funds (281 of 282 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Mirae Asset BSE Information Technology Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 30 Sep 2026 · AMC disclosure- Equity100.05%
- Cash & Equivalents-0.05%
AMC Profile
Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.
Fund Managers
VSVishal SinghManaging since 07 Oct 2026
Fund Manager/ Years
C.A.; C.F. A; F.R.M; B. Com
Mr. Vishal Singh has over 6 years of experience in the field of financial services. He has been associated with this assignment, Mr. Singh was associated with NSE Indices Limited where he was involved in development of index product and valuation of Indian fixed income securities. Mr. Singh also has an experience covering the global fixed income securities as an analyst for Aranca (India) PrivateLimited.
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SSSudip ShereManaging since 07 Oct 2026
ETF Dealer
PGDM in Supply Chain Management & BSC Statistics
Mr. Sudip Shere has over 7 years of experience in the field of financial services. He has been associated with the AMC since June 2024. Prior to this assignment, Mr. Shere was associated with ICICI Prudential Asset Management Company Limited where he was involved in dealing. Mr. Shere has also worked with Avenue Supermart Limited and Cipla Limited.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Mirae Asset in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
MTAR Technologies and Natco Pharma among top 5 smallcap stocks that saw highest mutual fund buying in October
The Economic Times · 16h ago
Debt mutual funds see Rs 1.13 lakh crore inflows in October after two months of outflows. What drove the turnaround?
The Economic Times · 18h ago
Parag Parikh Flexi Cap Fund leads as 9 equity mutual funds cross Rs 70,000 crore AUM; top 4 manage over Rs 1 lakh crore each
The Economic Times · 19h ago
NVIDIA shares slump 32% from 52-week high; Indian mutual fund investors worried as 13 schemes have big exposure
ET Now · 21h ago
Which sectors attracted mutual fund interest in October? Check details
The Economic Times · 1d ago
Mutual fund NFOs: 28 funds collect Rs 3,829 crore in October; ICICI Prudential Contra Fund contributes the most
The Economic Times · 3d ago
T30 race: SBI MF keeps the crown, Invesco MF wins the growth race
Cafemutual · 5d ago
Daily Voice: Market correction over? This CIO sees above-average returns in Samvat 2083, picks 3 sectors
Moneycontrol.com · 6d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
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Frequently asked questions
What is the NAV of Mirae Asset BSE Information Technology Index Fund?
As of 13 Nov 2026, the NAV of Mirae Asset BSE Information Technology Index Fund is ₹11.17 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Mirae Asset BSE Information Technology Index Fund delivered?
Mirae Asset BSE Information Technology Index Fund has returned +12.23% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Mirae Asset BSE Information Technology Index Fund?
Mirae Asset BSE Information Technology Index Fund charges an expense ratio of 7.96% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Mirae Asset BSE Information Technology Index Fund?
Mirae Asset BSE Information Technology Index Fund's largest holdings are Infosys Ltd. (28.7%), Tata Consultancy Services Ltd. (16.9%), HCL Technologies Ltd. (10.6%), Tech Mahindra Ltd. (8.0%) and Coforge Ltd. (4.9%). Holdings are disclosed monthly and change over time.
How risky is Mirae Asset BSE Information Technology Index Fund?
Mirae Asset BSE Information Technology Index Fund sits at the very high level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 25.4% and its worst peak-to-trough fall in our sample was 2.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Mirae Asset BSE Information Technology Index Fund?
Mirae Asset BSE Information Technology Index Fund is benchmarked against the BSE Information Technology Total Return Index. The alpha, beta and capture figures on this page are measured against the Nifty IT TRI, the closest index whose daily history we hold.
Who manages Mirae Asset BSE Information Technology Index Fund?
Mirae Asset BSE Information Technology Index Fund is managed by Vishal Singh and Sudip Shere at Mirae Asset.
When was Mirae Asset BSE Information Technology Index Fund launched, and what is its objective?
Mirae Asset BSE Information Technology Index Fund was launched on 25 Sep 2026. its stated objective is: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of BSE Information Technology Total Return Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.
How is Mirae Asset BSE Information Technology Index Fund taxed?
Mirae Asset BSE Information Technology Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.