Archive · 16 Jun 2025
Mirae Asset Launches India Internet ETF for Digital Economy
Imagine a company that helps people invest in different businesses.
This company, Mirae Asset, has created a new way to invest in India's growing digital world, like online shopping and banking.
They call it an ETF, which is like a basket of stocks.
Starting June 18, 2025, you can invest in this new ETF.
You need at least ₹5,000 to start.
This ETF will follow an index of 21 companies that mostly do business online.
This means your money will be spread across many different internet-related companies, making it safer than investing in just one.
This helps people to invest easily in India's digital economy.
Mirae Asset launched the Nifty India Internet ETF to track the Nifty India Internet Total Return Index.
The ETF's New Fund Offer (NFO) period is from June 18 to June 25, 2025.
Minimum investment during NFO is ₹5,000, with subsequent investments in multiples of ₹1.
The index includes 21 stocks from the Nifty Total Market Index, focusing on digital businesses.
The ETF aligns with the growing interest in India's digital economy, including e-commerce and fintech.
- Who
- Mirae Asset Investment Managers
- What
- Mirae Asset launched the Nifty India Internet ETF.
- When
- The New Fund Offer (NFO) is from June 18 to June 25, 2025.
- Where
- India
- Why
- To provide investors access to India's digital economy.
- ETF Name
- Mirae Asset Nifty India Internet ETF
- Underlying Index
- Nifty India Internet Total Return Index
- NFO Start Date
- June 18, 2025
- NFO End Date
- June 25, 2025
- Minimum Investment
- ₹5,000 (NFO)
- Fund Managers
- Ekta Gala and Akshay Udeshi
- Index Composition
- 21 stocks