Latest news with #MiraeAssetNiftyIndiaInternetETF
News18
28-07-2025
- Business
- News18
Internet Funds: Key Factors You Should Know Before Investing In These Thematic Mutual Funds
However, before choosing an internet-themed fund, it is important to understand how this new category of mutual funds works. It's also advisable to evaluate the risk-reward scenario before investing. What Are Internet Funds? Internet funds invest in companies that are part of the 'internet economy." This includes online e-commerce, shopping platforms, fintech firms, and digital service providers. These funds do not include traditional IT companies, software service providers and IT infrastructure firms. Usually, internet funds are passively managed, meaning they follow a set index or list of companies rather than being managed by a fund manager. Most of these funds follow the Nifty India Internet Index and the BSE Internet Economy Index as their benchmarks. These indices primarily track the performance of the Indian companies, which depend solely on digital platforms for their operations. Each index tracks different types of companies, so where you invest makes a big difference. BSE Internet Economy Index includes companies from telecom, financial services, and consumer products or services sectors. On the other hand, the Nifty India Internet Index focuses more on consumer digital services and fintech. So, depending on which fund you choose, you may get more exposure to a particular segment of the internet economy. Some of the internet-themed funds are Edelweiss BSE Internet Economy Index Fund, Mirae Asset Nifty India Internet ETF and Groww Nifty India Internet ETF, among others. What Makes These Funds Risky? As per Money Control, internet funds usually invest in a small number of stocks, sometimes just around 20. That means they aren't as diversified as regular equity mutual funds, which can spread risk across 50–100 companies. So, if one or two internet stocks don't do well, it can affect the whole fund's performance. These funds could see sharp fluctuations due to global uncertainties and volatility in the broader market. Any sectoral slowdowns can also affect the performance of these funds. Should You Invest? If you believe in the growth of the online economy, these funds could be a good addition to your portfolio. But do not put all your money into one basket. Because they focus on a narrow theme, which could be riskier compared to other funds. These funds also offer lower diversification, which may pose a higher risk. It is also worth noting that some strong tech companies, like traditional IT firms, are not part of these internet funds. So, you might miss out on good long-term performers if you invest only in internet-focused funds. Key Things to Check Before Investing – Which index does the fund follow? Make sure it fits your investment goals. – How concentrated is the portfolio? Fewer companies could indicate a higher risk. – Are the companies profitable or just growing fast? Some companies in the segment could be loss-making entities.
Time of India
16-06-2025
- Business
- Time of India
NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF
Mirae Asset Mutual Fund has announced the launch of the Mirae Asset Nifty India Internet ETF , an open-ended scheme that replicates/tracks the Nifty India Internet Total Return Index. The New Fund Offer (NFO) for the Mirae Asset Nifty India Internet ETF will open for subscription on June 18 and close on June 25. The fund will reopen for continuous sale and repurchase on July 2. This thematic ETF offers investors an opportunity 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. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: 1 simple trick to get all TV channels Techno Mag Learn More Undo 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 and 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 strong representation of emerging and digitally focused businesses, according to a press release. The scheme will be managed by Ekta Gala and Akshay Udeshi. The minimum initial investment during the NFO period will be Rs 5,000, and in multiples of Re 1 thereafter. Live Events '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,' said Swarup Anand Mohanty, Vice Chairman & CEO, Mirae Asset Investment Managers (India). The Nifty India Internet Index includes companies that have a significant reliance on digital and online business models, reflecting the broader internet economy in India. The index is reconstituted semi-annually and rebalanced quarterly. Currently, the index comprises 21 stocks, with the top stock capped at 20% at the time of rebalancing. The portfolio is expected to evolve as more digital and online-centric companies get listed and become part of the eligible universe. 'The Mirae Asset Nifty India Internet ETF is designed to reflect the shift in India's consumption and business landscape, where digital platforms are becoming central to engagement, delivery, and growth. By offering exposure to this evolving theme through an ETF, we aim to provide access to a diversified basket of businesses that are driving India's ongoing digital transformation,' said Siddharth Srivastava , Head – ETF Products, Mirae Asset Investment Managers (India).
