Overview
Description
Mirae Asset Nifty IT ETF is an exchange-traded fund that focuses on replicating the performance of the Nifty IT Index, an index comprising the most significant and top-performing technology companies listed on the National Stock Exchange of India (NSE). This ETF is designed to provide investors with exposure to the dynamic Indian information technology sector, a key driver of innovation and economic growth in the country. The ETF includes leading IT firms that are at the forefront of digital transformation, software development, and IT services, playing a pivotal role in global outsourcing and technology solutions.
The primary purpose of the Mirae Asset Nifty IT ETF is to offer investors a cost-effective and diversified investment vehicle that captures the growth potential of India's thriving IT industry. It enables investors to track the performance of the entire sector rather than relying on individual stocks. The ETF is an important instrument for those seeking targeted exposure to the technological advancements in India, benefiting from the sector's contributions to various other industries, including finance, logistics, and healthcare. As a passive investment vehicle, it provides efficient access to the Indian tech market, aligning with broader market trends.
About
CEO
Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE