The Mirae Asset Nifty India Internet ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty India Internet Total Return Index, representing a passive investment strategy.

This ETF employs a tracking approach focused on the Nifty India Internet (TRI), with a tracking error of just 0.08%, indicating strong alignment with its benchmark.

The portfolio is heavily concentrated in the internet sector, with top holdings like Eternal Ltd. at 20.1% and PB Fintech Ltd. at 14.4%, reflecting significant sector exposure and potential concentration risks.

Over the past year, the fund has achieved a return of 7.1%, showcasing its performance against market conditions while maintaining a consistent risk profile.

With an AUM of ₹15.8 Cr and a low expense ratio of 0.19%, the ETF presents an efficient operational structure, enhancing investor accessibility and cost-effectiveness in the market.