Nifty IT index funds and ETFs

17 index funds and ETFs track the Nifty IT, as each fund house reported for Sep 2026. Closest to the index over the year: Mirae Asset Nifty IT ETF. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.

Index funds on the Nifty IT

Closest to the index first, then the lowest expense ratio. Over the year to the month's end.The Nifty IT

  • DSP Mutual Fund logoDSP Nifty IT Index FundDSP Mutual FundTracking difference−0.13%After fee+0.27%Tracking error0.33%Expense ratio0.47%Fund size, ₹ Cr103
  • ICICI Prudential Mutual Fund logoICICI Prudential Nifty IT Index FundICICI Prudential Mutual FundTracking difference−0.23%After fee+0.13%Tracking error0.10%Expense ratio0.40%Fund size, ₹ Cr423
  • Nippon India Mutual Fund logoNippon India Nifty IT Index FundNippon India Mutual FundTracking difference−0.28%After fee+0.04%Tracking error0.12%Expense ratio0.41%Fund size, ₹ Cr240
  • Axis Mutual Fund logoAxis Nifty IT Index FundAxis Mutual FundTracking difference−0.30%After fee+0.06%Tracking error0.11%Expense ratio0.42%Fund size, ₹ Cr123
  • SBI Mutual Fund logoSBI Nifty IT Index FundSBI Mutual FundTracking difference−0.31%After fee+0.09%Tracking error0.12%Expense ratio0.50%Fund size, ₹ Cr129
  • Navi Mutual Fund logoNavi NiftyIT Index FundNavi Mutual FundTracking difference−0.36%After fee+0.10%Tracking error0.28%Expense ratio0.57%Fund size, ₹ Cr21
  • Bandhan Mutual Fund logoBandhan Nifty IT Index FundBandhan Mutual FundTracking difference−0.49%After fee−0.05%Tracking error0.07%Expense ratio0.55%Fund size, ₹ Cr31

ETFs on the Nifty IT

Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.

  • Mirae Asset Mutual Fund logoMirae Asset Nifty IT ETFMirae Asset Mutual FundTracking difference−0.01%After fee+0.23%Tracking error0.06%Expense ratio0.40%Fund size, ₹ Cr92Premium or discount−0.08%
  • UTI Mutual Fund logoUTI Nifty IT ETFUTI Mutual FundTracking difference+0.02%After fee+0.28%Tracking error0.09%Expense ratio0.30%Fund size, ₹ Cr6Premium or discount+0.24%
  • ICICI Prudential Mutual Fund logoICICI Prudential Nifty IT ETFICICI Prudential Mutual FundTracking difference−0.03%After fee+0.19%Tracking error0.06%Expense ratio0.27%Fund size, ₹ Cr515Premium or discount−0.02%
  • HDFC Mutual Fund logoHDFC Nifty IT ETFHDFC Mutual FundTracking difference−0.08%After fee+0.12%Tracking error0.05%Expense ratio0.21%Fund size, ₹ Cr72Premium or discount−0.07%
  • Axis Mutual Fund logoAxis Nifty IT ETFAxis Mutual FundTracking difference−0.14%After fee+0.21%Tracking error0.08%Expense ratio0.66%Fund size, ₹ Cr52Premium or discount−0.04%
  • DSP Mutual Fund logoDSP Nifty IT ETFDSP Mutual FundTracking difference+0.18%After fee+0.49%Tracking error0.27%Expense ratio0.26%Fund size, ₹ Cr165Premium or discount+0.06%
  • Nippon India Mutual Fund logoNippon India ETF Nifty ITNippon India Mutual FundTracking difference−0.18%After fee+0.06%Tracking error0.07%Expense ratio0.28%Fund size, ₹ Cr3,425Premium or discount−0.01%
  • Kotak Mahindra Mutual Fund logoKotak Nifty IT ETFKotak Mahindra Mutual FundTracking difference+0.19%After fee+0.30%Tracking error0.20%Expense ratio0.14%Fund size, ₹ Cr294Premium or discount−0.05%
  • SBI Mutual Fund logoSBI Nifty IT ETFSBI Mutual FundTracking difference−0.20%After fee+0.01%Tracking error0.07%Expense ratio0.24%Fund size, ₹ Cr70Premium or discount+0.02%
  • Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Nifty IT ETFAditya Birla Sun Life Mutual FundTracking difference+0.58%After fee+0.79%Tracking error0.46%Expense ratio0.24%Fund size, ₹ Cr25Premium or discount+0.18%

About Nifty IT index funds and ETFs

Nifty IT index funds and ETFs are funds that hold the 10 information technology companies of the Nifty IT in the index's own weights, so their return follows the index less costs.

The index they track

The Nifty IT covers Indian companies in software development and consulting, hardware, IT enabled services and software products. It holds 10 companies, chosen by free-float market capitalization: company size counted only on the shares available for trading. NSE Indices maintains it and rebalances twice a year, with cut-off dates of 31 Jan and 31 Jul.

Weight caps

A cap applies at each rebalancing: no company above 33% and the top 3 together no more than 62%. A fund that tracks the index holds the same capped weights, so it trades at each rebalancing too.

Index funds and ETFs

A Nifty IT index fund takes in money and pays out redemptions at the day's NAV (net asset value, the value of one unit). A Nifty IT ETF trades on the exchange through the day, at a price that can sit above or below NAV. Each has its own table; the ETF table adds premium or discount, the median, across the month's trading days, of each day's close divided by that day's NAV, less one.

Tracking difference and tracking error

Tracking difference is how far the fund's one-year return fell short of, or exceeded, the index's; costs usually leave it below zero. The after fee figure adds the year's average expense ratio back. Tracking error is the yearly measure of how much daily returns moved apart.

Order and costs

Each table lists funds by tracking difference nearest zero, then by lower expense ratio, the yearly fee as a share of assets, deducted from NAV daily. Index funds can be shown as direct plans or as regular plans, which pay a distributor. Fund size is assets under management at month-end.