• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Nifty Financial Services ETF (G)
Mirae Asset Mutual Fund

Mirae Asset Nifty Financial Services ETF (G)

EquityIndex Funds

24.577

NAV (Sep 17)

13.612%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

24.577

NAV (Sep 17)

Fund Returns

Last 1Y
17.7%
Last 3Y
10%
Last 5Y
NA
Last 10Y
NA
Since Inception
13.6%
6 Month CAGR
17.1%

Scheme Information

Investment Objective

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 (0y ago)
0.12
AUM in Crores
265.9
ISIN
INF769K01HI8
Lock-in
Benchmark
NIFTY Financial Services Total Return Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
Standard Deviation
14.8
Beta
0.9
Sharpe Ratio
0.4
YTM
Fund Managers

Ekta Gala

Fund Manager

Vishal Singh

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Nifty Financial Services ETF (G)70%9,35,392 2,02,78010%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-09-11

Top Stock Holdings

HDFC Bank Ltd.

30.3%
30.262%

ICICI Bank Ltd.

21.3%
21.256%

State Bank of India

8.7%
8.691%

Axis Bank Ltd.

8.2%
8.243%

Kotak Mahindra Bank Ltd.

6.9%
6.904%
See all holdings

Allocation by Sector

Financial

93.572931%
93.572931%

Insurance

6.012303%
6.012303%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
mirae-asset-global
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,041 cr

₹ 23,712 cr

₹ 64,222 cr

₹ 50,154 cr

₹ 17,488 cr

amc-img

About the AMC

Mirae Asset Mutual Fund

Mirae Asset Global Investments is the asset management arm of Mirae Asset Financial Group. It was founded in 1997. Mirae Asset Global Investments (India) Private Limited has transferred its asset management business to its wholly-owned subsidiary, Mirae Asset Investment Managers (India) Private Limited.amc-img
phone-img022-67800301 / 1800-2090-777
Fund NameScripbox Opinion
Till Date CAGR

16.377%

20.087%

18.03%

24.614%

10.189%

12.257%

21.941%

29.276%

-

15.509%

Mirae Asset Nifty Financial Services ETF (G) Review

Mirae Asset Nifty Financial Services ETF (G) is a Equity Equity fund and has delivered an annualised return of 13.612% over a period of 3 years. The fund is managed by Mirae Asset Mutual Fund. The fund manager’s name is [object Object],[object Object].

Nav of Mirae Asset Nifty Financial Services ETF (G) as of 9/17/2024 is ₹24.58 with the total AUM as of 9/18/2024 is ₹265.866489. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Nifty Financial Services ETF (G) was launched on 2021-07-30. The category risk of the fund is null.

The minimum SIP amount for Mirae Asset Nifty Financial Services ETF (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Nifty Financial Services ETF (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Financial Services Total Return Index.

Mirae Asset Nifty Financial Services ETF (G) is rated as a null fund in Equity and delivered 17.657% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Nifty Financial Services ETF (G).

Frequently Asked Questions

What is Mirae Asset Nifty Financial Services ETF (G)?

Mirae Asset Nifty Financial Services ETF (G) is a Equity Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Nifty Financial Services ETF (G)?

You can invest in Mirae Asset Nifty Financial Services ETF (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Nifty Financial Services ETF (G)?

The minimum sip amount for Mirae Asset Nifty Financial Services ETF (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Nifty Financial Services ETF (G) good to invest in?

As per Scripbox experts, Mirae Asset Nifty Financial Services ETF (G) is a fund. You can investMirae Asset Nifty Financial Services ETF (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Nifty Financial Services ETF (G)?

The expense ratio of the Mirae Asset Nifty Financial Services ETF (G) is 0.12% for regular plan.