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Mirae Asset BSE Information Technology Index Fund - Direct Plan Portfolio
The Economic Times 5 hrs ago·17 Oct 2026, 10:30 am
Mirae Asset has launched a new fund that tracks the BSE Information Technology Index. This is a passive investment product, meaning it aims to replicate the performance of a specific basket of technology stocks rather than picking individual companies. The fund is available in a direct plan, which typically offers lower expense ratios compared to regular plans, making it a cost-effective way to gain exposure to the broader IT sector.
For investors, this launch provides a convenient way to diversify their portfolio across leading IT companies. Since the fund tracks an index, it offers broad market representation without the need for active stock picking. It serves as a useful tool for those who want to participate in the potential growth of the IT sector while managing risk through diversification.
Investors should monitor the fund's performance against its benchmark index and the overall volatility of the IT sector. Keep an eye on the expense ratio and the fund's asset allocation to ensure it aligns with your investment goals. As with any fund, it is important to review the scheme information document before investing.
Key takeaways
- Category: Company.
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