Mirae Asset Nifty India Internet ETF - NFO Details

Launched on June 16, 2025, this open‑ended ETF tracks the Nifty India Internet Total Return Index, offering investors a focused exposure to India's fast‑growing internet and digital services sector. Since the index debuted on February 28, 2025, it has delivered an impressive ~19% return, outpacing the broader Nifty 50 (~12%). It invests in leading internet-driven companies—such as e‑commerce, fintech, and digital content—and is designed for passive investors who want low-cost access to India’s digital transformation. Ideal for growth-oriented portfolios, this ETF is best suited for investors with a medium to long-term horizon (3+ years) who can tolerate above-average volatility in return for potential high rewards.

Key Features of Mirae Asset Nifty India Internet ETF

Opening Date: June 18, 2025
Closing Date: June 25, 2025
Exit Load: -Nil-
Minimum Investment: ₹5,000
Benchmark Index: Nifty India Internet TRI (Total Return Index)

Objective of Mirae Asset Nifty India Internet ETF

The investment objective of Mirae Asset Nifty India Internet ETF - NFO is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Internet Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

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Investment Strategy of Mirae Asset Nifty India Internet ETF

• The Mirae Asset Nifty India Internet ETF will be managed passively with investments in stocks in the same proportion as in the Nifty India Internet Index.
• The investment strategy of the Scheme will be to invest in a basket of securities forming part of the Nifty India Internet Index in a similar weight proportion.
• The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments to meet the liquidity requirements.
• Subject to the Regulations and the applicable guidelines, the Scheme may invest in the schemes of Mutual Funds. The investment strategy shall be in line with the asset allocation mentioned under “Part II - A: How will the Scheme allocate its assets?”
   

Risks Associated with Mirae Asset Nifty India Internet ETF

Scheme-specific Risk Factors are summarised below:

Risk Factors associated with Exchange Traded Schemes: The Scheme is subject to the specific risks that may adversely affect the Scheme’s NAV, return and/or ability to meet its investment objective. 

The specific risk factors related to the Scheme include, but are not limited to the following:

• Passive Fund Investment Risks:

i Market Risk 
ii. Market Trading Risks 
iii. Volatility Risk 
IV. Redemption Risk 
v. Asset Class Risk 
vi. Passive Investments 
vii. Tracking Error and Tracking Difference Risk  

• Risks Associated with Equity Investments 
• Risks Associated with Debt & Money Market Instruments 
• Risks Associated with Derivatives 
• Risk factors associated with the processing of transactions through the Stock Exchange Mechanism 
• Risk factors associated with Securities Lending 
• Risks associated with a segregated portfolio 
• Risk Associated with transacting via email  

The Tracking difference shall be targeted to be 50 bps (over and above the actual TER charged). In case the same is not maintained, it shall be brought to the notice of the rustees along with corrective actions taken by the AMC, if any

Risk Mitigation Strategy by Mirae Asset Nifty India Internet ETF

• Market Risk: Market risk is inherent to an equity scheme. Being a passively managed scheme, it will invest in the securities included in its Underlying Index.
• Credit Risk: The fund has a rigorous credit research process. There is a regulatory and internal cap on exposure to each issuer. This ensures a diversified portfolio and reduced credit risk in the portfolio. 

While these measures are expected to mitigate the above risks to a large extent, there can be no assurance that these risks will be eliminated.

What Type of Investor Should Invest in Mirae Asset Nifty India Internet ETF?

The Mirae Asset Nifty India Internet ETF is best suited for:

1. Growth-Oriented Investors – looking to benefit from the rapid expansion of India's digital economy and internet-based companies.

2. Long-Term Investors – with a time horizon of 5+ years, willing to ride out market volatility for potential high returns.

3. Tech-Savvy or Thematic Investors – who believe in the growth of sectors like e-commerce, fintech, and digital services in India.

4. Moderately High Risk Takers – comfortable with short-term fluctuations in exchange-traded funds linked to sector-specific indices.

5. Passive Investors – preferring a low-cost, diversified exposure to internet and tech-driven Indian companies.

Not ideal for conservative or short-term investors due to its sector-specific and potentially volatile nature.