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mirae asset nifty bank etf
Mirae Asset Nifty Bank ETF

Mirae Asset Nifty Bank ETF

  • Very High Risk
  • Equity
  • Index Funds
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NAV as on Jul 8, 2025
i
Price per unit of the scheme.
579.55210.54%1 Day Change
1.50%
1 Year Tracking Error
i
Volatility of active return (Fund return - Benchmark return)
--
Expense Ratio--

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

This Fund
Mirae Asset Nifty Bank ETF
VS
Equity: Index Funds Average NAV
    Topper in Equity: Index Funds (ETFs only)
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Mirae Asset Nifty Bank ETF
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      0
    • Return
      0
    • Current Value
      0

    bt_logoFUND MANAGER

    Ekta Gala
    Ekta Gala
    i
    Lead Fund Manager.
    Jul 20, 2023 - Present
    • Schemes managed6
    • Total AUM3,080.20 Cr
    • Highest Return In 1 Yr57.29 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    --
    ₹ 11.37
    -0.38%
    -%
    Very High Risk
    87.28Cr
    --
    ₹ 33.30
    15.55%
    -%
    Very High Risk
    1,924.67Cr
    --
    ₹ 21.00
    8.59%
    -%
    Very High Risk
    612.06Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 11.37
    • Fund Size87.28Cr
    Fund Return-0.38%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 33.30
    • Fund Size1,924.67Cr
    Fund Return15.55%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.00
    • Fund Size612.06Cr
    Fund Return8.59%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Vishal Singh
    Vishal Singh
    i
    Lead Fund Manager.
    Aug 28, 2023 - Present
    • Schemes managed5
    • Total AUM2,979.87 Cr
    • Highest Return In 1 Yr57.29 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    --
    ₹ 21.00
    8.59%
    -%
    Very High Risk
    612.06Cr
    --
    ₹ 33.30
    15.55%
    -%
    Very High Risk
    1,924.67Cr
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.49
    • Fund Size112.75Cr
    Fund Return1.81%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.00
    • Fund Size612.06Cr
    Fund Return8.59%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 33.30
    • Fund Size1,924.67Cr
    Fund Return15.55%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Ritesh Patel
    Ritesh Patel
    i
    Lead Fund Manager.
    Mar 12, 2025 - Present
    • Schemes managed3
    • Total AUM2,624.01 Cr
    • Highest Return In 1 Yr57.29 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    --
    ₹ 11.37
    -0.38%
    -%
    Very High Risk
    87.28Cr
    --
    ₹ 33.30
    15.55%
    -%
    Very High Risk
    1,924.67Cr
    --
    ₹ 21.00
    8.59%
    -%
    Very High Risk
    612.06Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 11.37
    • Fund Size87.28Cr
    Fund Return-0.38%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 33.30
    • Fund Size1,924.67Cr
    Fund Return15.55%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.00
    • Fund Size612.06Cr
    Fund Return8.59%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (100.01%)
    DEBT (-%)
    CASH (-0.01%)
    Allocation by Market Cap
    Large Cap(83.39%)
    Mid Cap(16.62%)
    Industry Holdings
    • Banks Regional100.00%
    Stock Holdings
    • HDFC Bank Ltd27.82%
    • ICICI Bank Ltd25.18%
    • Axis Bank Ltd8.40%
    • State Bank of India8.29%
    • Kotak Mahindra Bank Ltd7.54%
    • IndusInd Bank Ltd4.01%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      5.27
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      86.42
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      0.95
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      --
      This Fund
      VS
      1.08
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      --
      This Fund
      VS
      2.31
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      --
      This Fund
      VS
      15.01
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Mirae Asset Investment Managers (India) Private Limited
    Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,06,596.41 crores. It’s current offering of mutual fund schemes includes 21 equity, 14 debt and 12 hybrid schemes.
    phone icon
    Phone
    022-6780 0300
    mail icon
    Email
    customercare@miraeasset.com
    aum
    AUM
    2,06,596.41 Cr (
    As on May 31, 2025
    )
    location
    Address
    Unit No. 606, 6th Floor, Mumbai,400 098

    bt_logoFAQ's

    What is the category of Mirae Asset Nifty Bank ETF ?
    The category of Mirae Asset Nifty Bank ETF is Equity - Index Funds
    What is the current NAV of Mirae Asset Nifty Bank ETF ?
    The current NAV of Mirae Asset Nifty Bank ETF as on Jul 08, 2025 is ₹579.55
    How safe is Mirae Asset Nifty Bank ETF ?
    The risk level of Mirae Asset Nifty Bank ETF is Very High.
    What are short term returns given by Mirae Asset Nifty Bank ETF ?
    The return given by Mirae Asset Nifty Bank ETF in 1 month is 1.50%, 3 months is 13.86%, 6 months is 15.37%, and 1 year is 9.88%
    What are the long term returns given by Mirae Asset Nifty Bank ETF ?
    The return given by Mirae Asset Nifty Bank ETF in 3 years is -- and 5 years is --.
    What is the expense ratio of Mirae Asset Nifty Bank ETF ?
    The expense ratio of Mirae Asset Nifty Bank ETF is --
    What is the AUM of Mirae Asset Nifty Bank ETF ?
    The assets under Management (AUM) of Mirae Asset Nifty Bank ETF is Rs 254.77 crores.
    What is the minimum investment in Mirae Asset Nifty Bank ETF ?
    The minimum Lumpsum investment in Mirae Asset Nifty Bank ETF is ₹5,000.00 and the minimum SIP investment in Mirae Asset Nifty Bank ETF is --
    What is the asset allocation of Mirae Asset Nifty Bank ETF?
    Mirae Asset Nifty Bank ETF has an exposure of 100.01% in Equity