The Mirae Asset Nifty IT ETF, managed by Mirae Asset Investment Managers, is an open-ended scheme aiming to replicate the Nifty IT Total Return Index, focusing on sector-specific investments.

This ETF adopts a tracking approach to closely align with the Nifty IT (TRI) benchmark, ensuring efficient replication of index performance with a minimal tracking error of 0.05%.

The fund's portfolio is heavily concentrated, with top holdings including Infosys Ltd. at 29.3% and Tata Consultancy Services Ltd. at 21.7%, indicating significant exposure to leading IT firms.

Over the past year, the fund has experienced a decline of 18.6%, reflecting market volatility, while its expense ratio is notably low at 0.1%, enhancing cost efficiency for investors.

As of August 2025, the fund size stands at ₹167.5 Cr, with management by Ms. Ekta Gala since October 2023, offering liquidity through trading on exchanges with a focused IT sector strategy.