- ETF
- Mirae Asset Nifty Bank ETF (G)
Mirae Asset Nifty Bank ETF (G)
₹ 491.1778
NAV
1.4%
Change
Mirae Asset Nifty Bank ETF (G) NAV
₹ 491.1778
NAV (Jan 14)
Mirae Asset Nifty Bank ETF (G) returns
Last 1Y | 2.9% |
Last 3Y | - |
Last 5Y | - |
Last 10Y | - |
Since Inception | 4.5% |
6 Month CAGR | -6.6% |
Mirae Asset Nifty Bank ETF (G) Information
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Bank Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Expense Ratio | 0.09% |
Launched (1Y ago) | 2023-07-20 |
AUM in Crores | 210.6 |
ISIN | INF769K01KR3 |
Lock-in | No Lock-in |
Benchmark | NIFTY Bank 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. | 27.5 % |
ICICI Bank Ltd. | 24 % |
State Bank of India | 10.5 % |
Kotak Mahindra Bank Ltd. | 10.3 % |
Axis Bank Ltd. | 9.3 % |
Indusind Bank Ltd. | 5.4 % |
The Federal Bank Ltd. | 2.8 % |
Bank Of Baroda | 2.7 % |
Punjab National Bank | 2.1 % |
AU Small Finance Bank Ltd. | 2.1 % |
Compare ETFs
Mirae Asset Nifty Bank ETF (G) Review
Mirae Asset Nifty Bank ETF (G) is an Exchange Traded Fund which is benchmarked to . Mirae Asset Nifty Bank ETF (G) is managed by the Mirae Asset Mutual Fund with the fund managers being Ekta Gala, Vishal Singh. The Mirae Asset Nifty Bank ETF (G) was launched on 2023-07-20 with no lock-in period. Since its inception, the fund has delivered 4.495% as a return on investment.The fund has delivered a 1-year return of 2.895%.
As on 14 Jan, 2025 the NAV of the fund is Rs 491.18 and the AUM is Rs 210.61 crores. The fund charges an expense ratio of 0.09% 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 Bank 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 Bank ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.