The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty IT Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved

• Investment in Equity and Equity Related Instruments: The Scheme would invest in stocks constituting the Nifty IT Index in the similar proportion (weightage) as in the Index and endeavour to track the benchmark index.
• Investment in debt and money market instruments: Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds.

• Nifty IT index captures the performance of the Indian IT companies. The Nifty IT Index comprises of 10 IT companies listed on the National Stock Exchange.
• Opportunity to participate in a sector which contributes more than 7.5% to India’s GDP.
• The IT sector in India is valued at $245 Bn at the end of March 31, 2023 (Source: NASSCOM Strategic Review: Technology)
• ~Opportunity to trade in Mirae Asset Nifty IT ETF with low spread and continuous liquidity provided by the market makers.
• ~Relatively low-cost option to take exposure in IT ETFs vis-à-vis Active sectoral technology oriented funds.

~ Total Expense Ratio of Nifty IT ETFs is 21 bps and average Total Expense Ratios of active large cap funds – Regular Plan is 193 bps. (8 ETFs and 5 available sectoral funds have been considered as on Sep 29, 2023- ACE MF). Past Performance may or may sustain in future. `* low spread implies no extra fees added post portfolio construction cost of an ETF