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Mirae Asset BSE Information Technology Index Fund

Mirae Asset Mutual Fund · Best Index Funds

NAV
₹11.15
-0.51% 1D
as of 13 Nov 2026

Performance

+12.09%absolute
52-week rangePrev NAV ₹11.21
Latest ₹11.15
Low ₹9.8182nd percentile of its 52-week rangeHigh ₹11.46

Scorecard

Not rated
How 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.

Performance—

No 3-year record to rank on yet

RiskHigh

Volatility 25.5% vs 16.7% category avg

CostHigh

8.8% expense vs 1.2% category avg

Consistency—

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 (25.5% vs 16.7%)
  • High expense ratio (8.81%) vs the Index Funds average of 1.19%

Key Metrics

8.81%
Direct 7.96% · Regular 8.81%
Category 1.19%▲7.62%
19.70
Category —
—
Category 0.30

Scheme Info

Definitions
Plan
Regular · Growth
None
Exit Load
None
0.005%
SIP Inv.
Allowed
—
₹5,000
BSE Information Technology TRI
25 Sep 2026

Period returns (<1Y, absolute — not annualized)

Definitions
+6.13%
—
—
—

Annualized returns (≥1Y — CAGR)

Definitions
—
—
—
—
+12.09%
Advanced metrics — risk and benchmark ratios

Fund vs category average (Index Funds)

PeriodFundCategory avg.Diff
1M abs+6.13%+6.72%-0.59%
3M abs—-0.29%—
6M abs—+6.29%—
1Y CAGR—+0.43%—
3Y CAGR—+11.53%—
5Y CAGR—+9.03%—

Category average across peers in Index Funds (276 of 277 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.

Period
Invested
₹10.00K
Current value
₹10.00K
Absolute
0.00%
XIRR
+450.01%
Value vs. invested
ValueInvested

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.

History points
32
Expense ratio
8.81%
AUM
₹69.17L
Portfolio turnover
0%
Exit load
NIL
Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).
P/E ratio
19.7
P/B ratio
7.1
Avg market cap
₹3,58,793Cr
P/E & P/B are portfolio-weighted harmonic means across 78 of 87 equity holdings (98% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This 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.

Short-term (STCG)
20%
Held under 1 year

Flat, on the whole gain

Long-term (LTCG)
12.5%
Held 1 year or more

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%
Mirae Asset Mutual Fund logo

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.

Launched
29 Nov 2007
Total AUM
₹2,37,421Cr+5.5% QoQ
Avg AUM · July - September 2026

Fund Managers

VSVishal SinghManaging since 07 Oct 2026
SSSudip ShereManaging since 07 Oct 2026
Role

ETF Dealer

Education

PGDM in Supply Chain Management & BSC Statistics

Experience

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.

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.

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 ₹11.15 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 +12.09% 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 8.81% 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 25.5% 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.