e.g. Tata motors, Reliance MF, 500570

Mirae Asset Nifty Bank ETF - Growth

Equity Others Very High

NAV on (24 Apr 2026 )

₹568.97

(-0.38%)

Fund Size

₹269.2 Crores

1Y Returns

2.29 %

 

Mirae Asset Nifty Bank ETF - Growth

Invest Top ETFs
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

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.

AMC

Mirae Asset Global Investments (India) Pvt. Ltd.

Fund Details

Launch Date

July 12, 2023

Fund Manager

Ms. Ekta Gala

Initial Price

10

AUM Fund

269.2 Cr

Min investment

Rs 5000

Expense Ratio

0.11%

Exit Load

Nil

1 Month

+6.61%

6 Months

-2.86%

1 Year

+2.29%

2 Years (CAGR)

+8.65%

3 Years (CAGR)

NA

5 Years (CAGR)

NA

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
142.83% 213.84% ₹14511.43
142.70% 0.00% ₹5197.1
142.62% 0.00% ₹3623.01
142.62% 0.00% ₹3623.01
142.59% 212.79% ₹1631.16

Holdings

Sector Allocation

Banks 95.51%
Finance 4.49%
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 400098
Phone
+91 22 67800300
Fax
+91 22 67253942
Launch Date
July 12, 2023
Custodian
Deutsche Bank, SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Mirae Asset Nifty Bank ETF - Growth?

A: The latest NAV of Mirae Asset Nifty Bank ETF - Growth is ₹ 568.97 as on 24 Apr 2026.

Q: What type of mutual fund is Mirae Asset Nifty Bank ETF - Growth?

A: Mirae Asset Nifty Bank ETF - Growth is a 'Equity - Others' type mutual fund managed by 'Mirae Asset Global Investments (India) Pvt. Ltd.'.

Q: What is the expense ratio of Mirae Asset Nifty Bank ETF - Growth?

A: The expense ratio of Mirae Asset Nifty Bank ETF - Growth is 0.11%, which impacts overall returns.

Q: Who manages Mirae Asset Nifty Bank ETF - Growth?

A: Mirae Asset Nifty Bank ETF - Growth is managed by Ms. Ekta Gala, who oversees investment strategy and portfolio decisions.

Q: Is Mirae Asset Nifty Bank ETF - Growth a good investment?

A: Mirae Asset Nifty Bank ETF - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Mirae Asset Nifty Bank ETF - Growth?

A: The exit load of Mirae Asset Nifty Bank ETF - Growth is Nil, applicable if redeemed within the specified period.

Q: How is Mirae Asset Nifty Bank ETF - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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