Mirae Asset Nifty Bank ETF - Growth - Regular Plan

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  • 0.75 %Nav, as on 01-12-2023

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  • Net Change on 01-12-2023

  • PersonalFN Rating

  • Category

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is 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 Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY BANK - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
SBI Nifty 50 ETF Jul 22, 2015 8.83 16.93 14.46 0.04 155,471.40
SBI S&P BSE SENSEX ETF Mar 15, 2013 8.00 16.09 14.54 0.04 95,206.91
Nippon India ETF Nifty 50 BeES Dec 28, 2001 8.86 16.96 14.49 0.04 16,230.45
ICICI Prudential Nifty 50 ETF Mar 20, 2013 8.87 16.97 14.49 0.03 8,333.10
Nippon India ETF Nifty Bank BeES May 27, 2004 4.33 15.09 10.80 0.19 5,814.83

Fund Holdings as on 31-October-2023

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Kotak Mahindra Bank Limited

  • Axis Bank Limited

  • State Bank of India

  • IndusInd Bank Limited

  • Bank of Baroda

  • The Federal Bank Limited

  • AU Small Finance Bank Limited

  • IDFC First Bank Limited

  • Punjab National Bank

  • Bandhan Bank Limited

  • TREPS

  • Net Receivables / (Payables)

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  • Bank - Private

  • Bank - Public

  • Miscellaneous

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Fund Manager

  • Cash

  • Equity

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About Mirae Asset Nifty Bank ETF

Scheme Analysis

Mirae Asset Nifty Bank ETF is a ETFs - Index fund and belongs to Mirae Asset Mutual Fund. It was launched on 20-Jul-2023 and currently has an AUM of ₹35.50 crore. Mirae Asset Nifty Bank ETF is benchmarked against NIFTY BANK - TRI as primary index.

The NAV of Mirae Asset Nifty Bank ETF ended up ₹3.33(0.75%)yesterday to ₹448.3544.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, and

The Mirae Asset Nifty Bank ETF is managed by Ekta Gala and Vishal Singh.

Fund House Contact

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253942