Mirae Asset Nifty India Internet ETF NFO opens tomorrow: 10 key things you need to know

This thematic ETF, according to the fund house, offers investors an option to participate in India’s growing internet-based business ecosystem through a diversified portfolio of companies that derive a significant portion of their revenues from online platforms.

• The Nifty India Internet Index is designed to capture the performance of companies operating primarily in the internet domain including segments such as e-commerce, fintech, web-based media & services, online travel, food delivery, digital entertainment etc. selected from the Nifty Total Market Index.

• The index comprises a mix of large, mid, and small-cap companies with a representation of emerging and digitally focused businesses.

• The new fund offer (NFO) for Mirae Asset Nifty India Internet ETF will open for subscription on June 18, 2025, and close on June 25, 2025, and will re-open on July 02, 2025.

• The Mirae Asset Nifty India Internet ETF scheme will be managed by Ekta Gala and Akshay Udeshi.

• The minimum initial investment during the NFO period will be ₹5,000 and in multiples of ₹1 thereafter.

• The Nifty India Internet Index includes companies that have a significant reliance on digital and online business models and reflects the broader internet economy in India. The index is reconstituted semi-annually and rebalanced quarterly.

• Currently, the index consists of 21 stocks, with the top stock capped at 20% at the time of rebalancing. The portfolio will evolve as more digital and online-centric companies get listed in the future and form part of the eligible universe.

• Constituents of Nifty India Internet Index

The index constitutes stocks from the consumer services sector (63.1%), the financial services sector (35.37%), and the media entertainment and publication sector (1.53%).

• Swarup Anand Mohanty, Vice Chairman & CEO, Mirae Asset Investment Managers (India) Pvt. Ltd., said, “India’s digital economy is not just growing—it is reshaping how businesses operate and how consumers engage. With the launch of the Mirae Asset Nifty India Internet ETF, we are continuing our endeavour to provide investors access to structural, long-term themes through simple and transparent vehicles like ETFs. This product aligns with our view that thematic investing can be a meaningful part of building a future-ready portfolio.”

Mirae Asset Nifty India Internet ETF: Scheme Riskometer

The fund house, in its press release, said that Mirae Asset Nifty India Internet ETF is suitable for investors who are seeking the following:

• Returns that are commensurate with the performance of the Nifty India Internet Total Return Index, subject to tracking error.

• Investment in securities constituting the Nifty India Internet Total Return Index.

It added that the risk of the scheme is very high. Further, the risk of the benchmark (Nifty India Internet Total Return Index) is also very high.