- ETF
- Mirae Asset Nifty Financial Services ETF (G)
Mirae Asset Nifty Financial Services ETF (G)
₹ 23.2754
NAV
1.4%
Change
Mirae Asset Nifty Financial Services ETF (G) NAV
₹ 23.2754
NAV (Jan 14)
Mirae Asset Nifty Financial Services ETF (G) returns
Last 1Y | 7.5% |
Last 3Y | 7.8% |
Last 5Y | - |
Last 10Y | - |
Since Inception | 10.5% |
6 Month CAGR | -3.5% |
Mirae Asset Nifty Financial Services ETF (G) Information
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error.
Expense Ratio | 0.12% |
Launched (3Y ago) | 2021-07-30 |
AUM in Crores | 260.1 |
ISIN | INF769K01HI8 |
Lock-in | No Lock-in |
Benchmark | NIFTY Financial Services Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Explore mirae asset global Mutual Funds
| Fund Name | Till Date CAGR | |
|---|---|---|
6.4% | 6.3% | |
6.5% | 6.7% | |
16.3% | 22.4% | |
18.1% | 24.3% | |
9.5% | 12.3% |
Compare similar ETF's
| Fund Name | Till Date CAGR | |
|---|---|---|
17.2% | 6.9% | |
16.8% | 10% | |
6.7% | 7.5% | |
6.6% | 5.8% | |
5.8% | 5.5% |
Asset allocation and Holdings
Top 10 Stock Holdings
HDFC Bank Ltd. | 30.3 % |
ICICI Bank Ltd. | 21.3 % |
State Bank of India | 8.7 % |
Axis Bank Ltd. | 8.2 % |
Kotak Mahindra Bank Ltd. | 6.9 % |
Bajaj Finance Ltd. | 4.9 % |
Bajaj Finserv Ltd. | 2.3 % |
Shriram Finance Ltd | 2.1 % |
Power Finance Corporation Ltd. | 2.1 % |
REC Ltd. | 2.1 % |
Compare ETFs
Mirae Asset Nifty Financial Services ETF (G) Review
Mirae Asset Nifty Financial Services ETF (G) is an Exchange Traded Fund which is benchmarked to . Mirae Asset Nifty Financial Services ETF (G) is managed by the Mirae Asset Mutual Fund with the fund managers being Ekta Gala, Vishal Singh. The Mirae Asset Nifty Financial Services ETF (G) was launched on 2021-07-30 with no lock-in period. Since its inception, the fund has delivered 10.505% as a return on investment.The fund has delivered a 1-year return of 7.472%, a 3-year return of 7.844%.
As on 14 Jan, 2025 the NAV of the fund is Rs 23.28 and the AUM is Rs 260.11 crores. The fund charges an expense ratio of 0.12% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Mirae Asset Nifty Financial Services ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of Mirae Asset Nifty Financial Services ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.