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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
Home/Markets/Mirae Asset Launches BSE IT Index Fund f…

Mirae Asset Launches BSE IT Index Fund for Tech Stocks

Markets
By Market Desk•
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A digital graphic showing a rising line graph over a circuit board pattern with the Mirae Asset logo in the corner.

Mirae Asset BSE Information Technology Index Fund branding and stock market data visualization.

Key Highlights

Discover Mirae Asset’s new open-ended index fund tracking the BSE IT Index, offering cost-effective passive exposure to India’s top tech companies.

Mirae Asset introduced the Mirae Asset Information Technology Index Fund to give investors targeted exposure to the technology sector. The new open-ended index fund aims to deliver returns corresponding to the total returns of the BSE IT Index, while factoring in tracking errors.

Passive Investment Structure

As a passive investment vehicle, the fund holds the securities that comprise the benchmark index rather than relying on active stock selection. This mechanism provides a cost-effective route for market participants looking to access leading companies within the Indian information technology sector.

Investors evaluating the product must factor in the inherent risks tied to sector-specific concentration and broader market volatility. The fund’s performance will strictly reflect the underlying movements of the benchmark index without discretionary intervention from fund managers.

IndiaMirae Asset