| MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | DEC 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 14 | 14 | 14 | 14 | 14 | 14 |
| Top 5 Company Holdings | 60.62% | 61.55% | 62.8% | 65.61% | 69.52% | 73.43% |
| Top 10 Company Holdings | 85.97% | 86.6% | 86.78% | 88.19% | 90.09% | 92.11% |
| Company with Highest Exposure | HDFC Bank (17.9%) | HDFC Bank (18.37%) | HDFC Bank (19.01%) | HDFC Bank (19.7%) | HDFC Bank (22.02%) | HDFC Bank (25.14%) |
| Number of Sectors | 1 | 1 | 1 | 1 | 1 | 1 |
| Top 3 Sector Holdings | 99.85% | 100.01% | 100.0% | 100.01% | 100.01% | 99.97% |
| Top 5 Sector Holdings | 99.85% | 100.01% | 100.0% | 100.01% | 100.01% | 99.97% |
| Sector with Highest Exposure | Financial (99.85%) | Financial (100.01%) | Financial (100.0%) | Financial (100.01%) | Financial (100.01%) | Financial (99.97%) |
Unrated
Mirae Asset Nifty Bank ETF - Growth
NAV as of Jun 29, 2026
588.06-0.78%
(Earn upto 0.00% Extra Returns with Direct Plan)
Investment Growth
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Mirae Asset Nifty Bank ETF - Growth Fund Details
Investment Objective - 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.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Jul 20, 2023 |
| Benchmark | NIFTY Bank Total Return Index |
| Return Since Launch | 8.7% |
| Riskometer | Very High |
| Fund Category | Equity: Sectoral-Banking |
| Expense Ratio | 0.14%(1.52% Category average) |
| Fund Size | Rs. 296.91 Cr(0.35% of Investment in Category) |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Mirae Asset Nifty Bank ETF - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | - |
| Minimum SIP Investment (Rs.) | - |
| Minimum Withdrawal (Rs.) | - |
| Exit Load | 0% |
Mirae Asset Nifty Bank ETF - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Mirae Asset Nifty Bank ETF as of Jun 29, 2026 is Rs 588.06 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 3.72% (1yr) and 9.02% (since launch). Whereas, Category returns for the same time duration are: 6.01% (1yr), 13.99% (3yr) and 12.75% (5yr).
3. Fund Size: The Mirae Asset Nifty Bank ETF currently holds Assets under Management worth of Rs 296.91 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.14% for Regular plan as on Jun 25, 2026.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
1. Current NAV: The Current Net Asset Value of the Mirae Asset Nifty Bank ETF as of Jun 29, 2026 is Rs 588.06 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 3.72% (1yr) and 9.02% (since launch). Whereas, Category returns for the same time duration are: 6.01% (1yr), 13.99% (3yr) and 12.75% (5yr).
3. Fund Size: The Mirae Asset Nifty Bank ETF currently holds Assets under Management worth of Rs 296.91 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.14% for Regular plan as on Jun 25, 2026.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
Mirae Asset Nifty Bank ETF - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 6.72 10.89 -1.69 1.14 - - Category Avg 5.54 10.40 -0.32 3.72 13.09 12.75 Rank within Category 13 28 38 24 - - No. of funds within Category 79 75 67 64 38 26
Return Comparison
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Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 17.9 - - - ICICI Bank Financial 13.61 - - - Axis Bank Financial 10.26 - - - Kotak Mahindra Bank Financial 9.79 - - - State Bank of India Financial 9.06 - - - The Federal Bank Financial 6.37 - - - Indusind Bank Financial 5.4 - - - AU Small Finance Bank Financial 4.86 - - - Bank of Baroda Financial 4.46 - - - IDFC First Bank Financial 4.26 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Nifty Bank ETF - Growth 588.06 Unrated 296.91 6.72 1.14 - - Invesco India Financial Services Fund Regular-Growth 147.51 1,701.01 4.24 4.25 18.21 15.03 Nippon India Banking & Financial Services Fund-Growth 646.46 7,441.66 4.42 -0.51 13.45 14.16 Sundaram Financial Services Opportunities Fund Regular-Growth 108.23 1,590.29 5.07 1.07 14.03 14.04 SBI Banking & Financial Services Fund Regular-Growth 44.08 10,374.67 4.02 1.74 16.70 13.07
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Mirae Asset Mutual Fund News
- Mirae Asset Mutual Fund: RIL, Infosys and SBI among top 10 stock holdings in May
- Quant Mutual Fund among 7 AMCs to receive over Rs 1,500 crore increase in AUM in May
- MF Tracker: Can Mirae Asset Large Cap Fund extend its strong run? Here’s what investors should know
- Fixed income investments look attractive amid market volatility, says Basant Bafna
Fund Manager
No Fund Manager for this fund
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund Regular-Growth | 42,792.20 | 1.66 | 12.56 | -2.31 | 4.18 | 14.81 | |
| Mirae Asset Large Cap Fund Regular- Growth | 37,692.41 | 1.85 | 9.45 | -6.80 | -1.08 | 10.04 | |
| Mirae Asset ELSS Tax Saver Fund Regular-Growth | 25,373.67 | 2.22 | 13.24 | -2.76 | 3.29 | 14.61 | |
| Mirae Asset Midcap Fund Regular - Growth | 19,002.66 | 1.65 | 17.34 | 2.01 | 9.57 | 19.11 | |
| Mirae Asset Liquid Fund - Growth | 11,181.69 | 0.61 | 1.76 | 3.19 | 6.15 | 6.86 | |
| Mirae Asset Aggressive Hybrid Fund Regular-Growth | 9,285.29 | 1.49 | 8.16 | -1.57 | 3.58 | 11.75 | |
| Mirae Asset Focused Fund Regular - Growth | 6,520.35 | 2.62 | 13.77 | -8.46 | -6.03 | 7.31 | |
| Mirae Asset Nifty 50 ETF - Growth | 5,161.03 | 0.79 | 6.33 | -8.46 | -3.43 | 9.68 | |
| Mirae Asset Multicap Fund Regular - Growth | 5,071.34 | 2.31 | 13.41 | -2.16 | 2.13 | 0.00 | |
| Mirae Asset Money Market Fund Regular - Growth | 4,397.56 | 0.93 | 1.73 | 2.86 | 5.81 | 7.00 |
Mutual Fund Tools
Top AMCs
Fund For AMC data not available for this fund
FAQs about Mirae Asset Nifty Bank ETF - Growth
- Is it safe to invest in Mirae Asset Nifty Bank ETF?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Nifty Bank ETF comes under Very High risk category.
- What is the category of Mirae Asset Nifty Bank ETF?Mirae Asset Nifty Bank ETF belongs to the Equity : Sectoral-Banking category of funds.
- How Long should I Invest in Mirae Asset Nifty Bank ETF?The suggested investment horizon of investing into Mirae Asset Nifty Bank ETF is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Nifty Bank ETF?The Mirae Asset Nifty Bank ETF is managed by Ekta Gala (Since Jul 12, 2023) and Ritesh Patel (Since Mar 12, 2025).
About Mirae Asset Nifty Bank ETF - Growth
1. Mirae Asset Nifty Bank ETF is Open-ended Sectoral-Banking Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Jul 20, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Bank Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.85% in equities, 0.0% in debts and 0.15% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 85.97% of the assets, the top 3 sectors constitute around 99.85% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Nifty Bank ETF - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Mirae Asset Nifty Bank ETF is Open-ended Sectoral-Banking Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Jul 20, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Bank Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.85% in equities, 0.0% in debts and 0.15% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 85.97% of the assets, the top 3 sectors constitute around 99.85% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Nifty Bank ETF - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.