
The current market price of Mirae Asset Nifty India Internet ETF is ₹12.89. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
The Mirae Asset Nifty India Internet ETF, managed by Mirae Asset Investment Managers (India) Private Limited, is a passive exchange-traded fund aiming to replicate the Nifty India Internet Total Return Index. This fund employs a tracking strategy to closely follow the performance of the Nifty India Internet (TRI), ensuring alignment with its benchmark while maintaining a low tracking error of 0.08%. Portfolio concentration is notable, with top holdings such as Eternal Ltd. at 20.1% and PB Fintech Ltd. at 14.4%, emphasizing a significant tilt towards the retailing and fintech sectors. Over the past year, the fund has experienced a decline of 4.8%, reflecting the challenges within its sector, while offering a cost-effective expense ratio of just 0.19%. With an AUM of ₹15.8 Cr, this ETF provides liquidity and accessibility, although potential investors should consider the exit load structure and the fund's specific market conditions.
Mirae Asset Nifty India Internet ETF is designed to track Nifty India Internet (TRI), allowing investors to gain exposure to its underlying securities through a single investment.
The expense ratio of Mirae Asset Nifty India Internet ETF is 0.19%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.
The Assets Under Management (AUM) of Mirae Asset Nifty India Internet ETF is approximately ₹15.77. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.
Mirae Asset Nifty India Internet ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.
The tracking error of Mirae Asset Nifty India Internet ETF is 0.08%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Mirae Asset Nifty India Internet ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.
Based on available data, Mirae Asset Nifty India Internet ETF has delivered the following returns: 1-year return: -4.16%. 3-year return: -4.16%. 5-year return: -4.16%. Past performance does not guarantee future results.
Before investing in Mirae Asset Nifty India Internet ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.
16
0.19%
0.08%
—
High Risk
0.29
—
12.43
16.12
1.819
—
Bearish
40.75
13.68
—
| Company | Weightage (%) |
| Eternal Ltd. | 20.06% |
| PB Fintech Ltd. | 14.36% |
| Info Edge (India) Ltd. | 12.74% |
| Other Equities | 10.84% |
| One 97 Communications Ltd. | 10.33% |
| Swiggy Ltd. | 8.99% |
| FSN E-Commerce Ventures Ltd. | 7.94% |
| Indian Railway Catering & Tourism Corporation Ltd. | 5.29% |
| Motilal Oswal Financial Services Ltd. | 3.45% |
| Angel One Ltd. | 3.43% |
Allocation
Bearish
3
Neutral
8
Bullish
3
Bearish
20
Neutral
16
Bullish
10
Bearish
17
Neutral
8
Bullish
7
-private-limited/mirae.avif)
AUM
₹ 16 Cr
Expense Ratio
0.19%
71.55
▲ 1.06%
11.29
▲ 3.01%
211.75
▲ 1.73%
1071.21
▲ 0.01%
611.36
▲ 2.96%
88.13
▲ 1.92%
40.62
▲ 1.42%
11.94
▲ 3.20%
12.89
▲ 1.90%
85.89
▲ 2.78%
30.65
▲ 3.09%
29.56
▲ 0.58%
24.69
▲ 3.39%
334.49
▲ 2.62%
28.54
▲ 2.96%
156.07
▲ 3.19%
166.17
▲ 0.00%
13.27
▲ 3.51%
47.49
▲ 2.77%
146.72
▲ 4.43%
253.99
▲ 15.16%
42.72
▲ 3.44%
43.93
▲ 3.10%
16.26
▲ 2.65%
277.94
▲ 2.52%
1000.00
▲ 0.00%
43.26
▲ 4.34%
707.42
▲ 2.79%
22.30
▲ 3.00%
25.65
▼ 1.19%
Performance
STEADY PERFORMER
Technicals
Bearish
Risk
—
Liquidity
POOR
Consistency
NEUTRAL