Mirae Asset Nifty IT ETF is an exchange-traded fund that tracks the performance of the Nifty IT Total Return Index, subject to tracking error. It provides investors with exposure to the Indian information technology sector by replicating the index's composition, which includes leading companies in software, consulting, and related services. Top holdings typically feature prominent firms such as Infosys Ltd., Tata Consultancy Services Ltd., HCL Technologies Limited, Tech Mahindra Ltd., and Wipro Ltd., focusing on computers - software and consulting, along with select software products providers. This ETF enables participation in the growth and dynamics of India's IT industry, known for its global outsourcing leadership and technological innovation. With a low expense ratio structure, it offers a cost-effective vehicle for sector-specific investment within the equity mutual fund category. Launched in 2023 and managed by Mirae Asset Mutual Fund, headquartered in Mumbai, India, Mirae Asset Nifty IT ETF serves as a targeted option for those seeking benchmark-aligned returns from the IT domain.
Contact Information
Address: -
Phone: -