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mirae asset nifty financial services etf
Mirae Asset Nifty Financial Services ETF

Mirae Asset Nifty Financial Services ETF

  • Very High Risk
  • Equity
  • Sector - Financial Services
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NAV as on Sep 22, 2025
i
Price per unit of the scheme.
₹ 27.41290.00%1 Day Change
0.80%
1 Year Tracking Error
i
Volatility of active return (Fund return - Benchmark return)
--
Expense Ratio0.12%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

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

bt_logoFUND PERFORMANCE

As On Sep 22, 2025
Compare fund’s performance against category average across different time periods
1M3M6M1Y3Y5Y
5Out of 13 funds in the category
Category Avg Return
-0.94%
Fund Return 0.80%
Low-2.01%3.31%8.62%High
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

1M3M6M1Y3Y5Y
This Fund
Mirae Asset Nifty Financial Services ETF
VS
Equity: Sector - Financial Services Average NAV
    Topper in Equity: Sector - Financial Services (ETFs only)
    SBI Banking & Financial Services Direct Growth
    All Fund
    *For the other fund, rescaled NAVs are used
    Share
    • Whatsapp
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Mirae Asset Nifty Financial Services ETF
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹3,60,000
    • Return
      ₹90,078
    • Current Value
      ₹4,50,078

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty Financial Services TR INR
    Expense Ratio
    0.12%
    Category Avg Expense Ratio
    0.21%
    1 Year Tracking Error
    --
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 411.37 Cr(As on Aug, 2025)
    Inception Date
    Jul 30, 2021
    Turnover
    - %
    Exit Load

    bt_logoABOUT THE FUND

    Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.

    Mirae Asset Nifty Financial Services ETF is an Equity - Sector - Financial Services fund. The fund was launched inJul 30, 2021. Its risk level is . The NAV of the fund as onSep 22, 2025 is ₹27.41. Its expense ratio is 0.12 %. The fund has an AUM of ₹411.37 Cr.The fund is managed byEkta Gala,Vishal Singh,Ritesh Patel.
    The minimum initial investment is  --

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    bt_logoFUND MANAGER

    Ekta Gala
    Ekta Gala
    i
    Lead Fund Manager.
    Jul 30, 2021 - Present
    • Schemes managed6
    • Total AUM₹ 3,456.86 Cr
    • Highest Return In 1 Yr109.66 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    --
    ₹ 14.82
    15.23%
    -%
    Very High Risk
    ₹95.12Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 36.10
    9.68%
    -%
    Very High Risk
    ₹2,208.03Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 24.14
    7.59%
    -%
    Very High Risk
    ₹718.66Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.82
    • Fund Size₹95.12Cr
    Fund Return15.23%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 36.10
    • Fund Size₹2,208.03Cr
    Fund Return9.68%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.14
    • Fund Size₹718.66Cr
    Fund Return7.59%
    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 AUM₹ 3,360.31 Cr
    • Highest Return In 1 Yr109.66 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    --
    ₹ 19.29
    4.40%
    -%
    Very High Risk
    ₹107.66Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 24.14
    7.59%
    -%
    Very High Risk
    ₹718.66Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 36.10
    9.68%
    -%
    Very High Risk
    ₹2,208.03Cr
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 19.29
    • Fund Size₹107.66Cr
    Fund Return4.40%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.14
    • Fund Size₹718.66Cr
    Fund Return7.59%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 36.10
    • Fund Size₹2,208.03Cr
    Fund Return9.68%
    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 AUM₹ 3,021.81 Cr
    • Highest Return In 1 Yr109.66 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    --
    ₹ 14.82
    15.23%
    -%
    Very High Risk
    ₹95.12Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 36.10
    9.68%
    -%
    Very High Risk
    ₹2,208.03Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 24.14
    7.59%
    -%
    Very High Risk
    ₹718.66Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.82
    • Fund Size₹95.12Cr
    Fund Return15.23%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 36.10
    • Fund Size₹2,208.03Cr
    Fund Return9.68%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.14
    • Fund Size₹718.66Cr
    Fund Return7.59%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Aug, 2025
    EQUITY (99.80%)
    DEBT (-%)
    CASH (0.20%)
    Allocation by Market Cap
    Large Cap(95.36%)
    Mid Cap(4.44%)
    Industry Holdings
    • Banks Regional76.04%
    • Credit Services12.16%
    • Insurance Life4.33%
    • Asset Management3.65%
    • Financial Conglomerates2.40%
    • Insurance Diversified1.02%
    Stock Holdings
    • HDFC Bank Ltd32.82%
    • ICICI Bank Ltd22.53%
    • State Bank of India7.12%
    • Axis Bank Ltd6.76%
    • Kotak Mahindra Bank Ltd6.66%
    • Bajaj Finance Ltd5.39%

    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.
      2.98
      This Fund
      VS
      4.55
      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.
      93.24
      This Fund
      VS
      84.42
      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.
      0.93
      This Fund
      VS
      0.94
      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.
      0.51
      This Fund
      VS
      0.56
      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.
      0.88
      This Fund
      VS
      1.01
      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.
      12.59
      This Fund
      VS
      13.83
      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
    ICICI Prudential Nifty PSU Bank ETFICICI Prudential Nifty PSU Bank ETF
    --
    ₹ 74.55
    5.29%
    0.31%
    Very High Risk
    ₹ 73.99 Cr
    Kotak Nifty PSU Bank ETFKotak Nifty PSU Bank ETF
    ₹ 736.45
    5.28%
    0.31%
    Very High Risk
    ₹ 1,574.78 Cr
    ICICI Prudential Nifty Financial Services Ex-Bank ETFICICI Prudential Nifty Financial Services Ex-Bank ETF
    --
    ₹ 30.75
    2.20%
    0.31%
    Very High Risk
    ₹ 197.80 Cr
    SBI Nifty Private Bank ETFSBI Nifty Private Bank ETF
    --
    ₹ 274.14
    0.83%
    0.31%
    Very High Risk
    ₹ 483.89 Cr
    Mirae Asset Nifty Financial Services ETFMirae Asset Nifty Financial Services ETF
    --
    ₹ 27.41
    0.80%
    0.31%
    Very High Risk
    ₹ 411.37 Cr
    UTI Nifty Bank Exchange Traded FundUTI Nifty Bank Exchange Traded Fund
    --
    ₹ 57.02
    0.24%
    0.31%
    Very High Risk
    ₹ 3,530.62 Cr
    ICICI Prudential Nifty PSU Bank ETF
    Very High Risk--
    • NAV₹ 74.55
    • Fund Size₹ 73.99 Cr
    Fund Return5.29%
    Category Return0.31%
    Kotak Nifty PSU Bank ETF
    Very High Risk
    • NAV₹ 736.45
    • Fund Size₹ 1,574.78 Cr
    Fund Return5.28%
    Category Return0.31%
    ICICI Prudential Nifty Financial Services Ex-Bank ETF
    Very High Risk--
    • NAV₹ 30.75
    • Fund Size₹ 197.80 Cr
    Fund Return2.20%
    Category Return0.31%
    SBI Nifty Private Bank ETF
    Very High Risk--
    • NAV₹ 274.14
    • Fund Size₹ 483.89 Cr
    Fund Return0.83%
    Category Return0.31%
    Mirae Asset Nifty Financial Services ETF
    Very High Risk--
    • NAV₹ 27.41
    • Fund Size₹ 411.37 Cr
    Fund Return0.80%
    Category Return0.31%
    UTI Nifty Bank Exchange Traded Fund
    Very High Risk--
    • NAV₹ 57.02
    • Fund Size₹ 3,530.62 Cr
    Fund Return0.24%
    Category Return0.31%
    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)
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct GrowthMirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    --
    ₹ 14.82
    15.23%
    --
    Very High Risk
    ₹ 95.12 Cr
    Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct GrowthMirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
    --
    ₹ 12.55
    12.49%
    --
    Very High Risk
    ₹ 51.92 Cr
    Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct GrowthMirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth
    --
    ₹ 25.52
    11.82%
    --
    Very High Risk
    ₹ 350.85 Cr
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct GrowthMirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    --
    ₹ 36.10
    9.68%
    --
    Very High Risk
    ₹ 2,208.03 Cr
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct GrowthMirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    --
    ₹ 24.14
    7.59%
    --
    Very High Risk
    ₹ 718.66 Cr
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct GrowthMirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    --
    ₹ 19.29
    4.40%
    --
    Very High Risk
    ₹ 107.66 Cr
    Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.82
    • Fund Size₹ 95.12 Cr
    1 Month Return15.23%
    Category Return--
    Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 12.55
    • Fund Size₹ 51.92 Cr
    1 Month Return12.49%
    Category Return--
    Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 25.52
    • Fund Size₹ 350.85 Cr
    1 Month Return11.82%
    Category Return--
    Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 36.10
    • Fund Size₹ 2,208.03 Cr
    1 Month Return9.68%
    Category Return--
    Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.14
    • Fund Size₹ 718.66 Cr
    1 Month Return7.59%
    Category Return--
    Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 19.29
    • Fund Size₹ 107.66 Cr
    1 Month Return4.40%
    Category Return--
    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 ₹ 2,12,112.29 crores. It’s current offering of mutual fund schemes includes 21 equity, 14 debt and 13 hybrid schemes.
    phone icon
    Phone
    022-6780 0300
    mail icon
    Email
    customercare@miraeasset.com
    aum
    AUM
    ₹ 2,12,112.29 Cr (
    As on Aug 31, 2025
    )
    location
    Address
    Unit No. 606, 6th Floor, Mumbai,400 098

    bt_logoFAQ's

    What is the category of Mirae Asset Nifty Financial Services ETF ?
    The category of Mirae Asset Nifty Financial Services ETF is Equity - Sector - Financial Services
    What is the current NAV of Mirae Asset Nifty Financial Services ETF ?
    The current NAV of Mirae Asset Nifty Financial Services ETF as on Sep 22, 2025 is ₹27.41
    How safe is Mirae Asset Nifty Financial Services ETF ?
    The risk level of Mirae Asset Nifty Financial Services ETF is Very High.
    What are short term returns given by Mirae Asset Nifty Financial Services ETF ?
    The return given by Mirae Asset Nifty Financial Services ETF in 1 month is 0.80%, 3 months is 0.21%, 6 months is 8.88%, and 1 year is 7.95%
    What are the long term returns given by Mirae Asset Nifty Financial Services ETF ?
    The return given by Mirae Asset Nifty Financial Services ETF in 3 years is 13.94% and 5 years is --.
    What is the expense ratio of Mirae Asset Nifty Financial Services ETF ?
    The expense ratio of Mirae Asset Nifty Financial Services ETF is 0.12%
    What is the AUM of Mirae Asset Nifty Financial Services ETF ?
    The assets under Management (AUM) of Mirae Asset Nifty Financial Services ETF is Rs 411.37 crores.
    What is the minimum investment in Mirae Asset Nifty Financial Services ETF ?
    The minimum Lumpsum investment in Mirae Asset Nifty Financial Services ETF is -- and the minimum SIP investment in Mirae Asset Nifty Financial Services ETF is --
    What is the asset allocation of Mirae Asset Nifty Financial Services ETF?
    Mirae Asset Nifty Financial Services ETF has an exposure of 99.80% in Equity and 0.20% in Cash & Money Market Securities

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