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Mirae Asset Nifty Bank ETF Growth
NAV: 06 Apr '26
₹533.69
Min. for SIP
Not Supported
Fund size (AUM)
₹259.03 Cr
Expense ratio
0.11%
Rating
--
Holdings (14)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 19.70% |
| ICICI Bank Ltd. | Financial | Equity | 16.13% |
| State Bank of India | Financial | Equity | 10.68% |
| Axis Bank Ltd. | Financial | Equity | 9.94% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 9.16% |
| The Federal Bank Ltd. | Financial | Equity | 5.55% |
| Indusind Bank Ltd. | Financial | Equity | 4.72% |
| Bank Of Baroda | Financial | Equity | 4.45% |
| AU Small Finance Bank Ltd. | Financial | Equity | 3.96% |
| Canara Bank | Financial | Equity | 3.90% |
| IDFC First Bank Ltd. | Financial | Equity | 3.60% |
| Punjab National Bank | Financial | Equity | 3.40% |
| Union Bank of India | Financial | Equity | 2.52% |
| Yes Bank Ltd. | Financial | Equity | 2.29% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -14.3% | -6.9% | +1.1% | +13.7% |
| Category average (Equity Sectoral) | -- | -- | +16.5% | -- |
| Rank (Equity Sectoral) | 34 | 25 | 24 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Fund management
RPRitesh PatelMar 2025 - PresentView details
RP
Ritesh Patel
Mar 2025 - Present
View details
EGEkta GalaJul 2023 - PresentView details
EG
Ekta Gala
Jul 2023 - Present
View details
About Mirae Asset Nifty Bank ETF Growth
Mirae Asset Nifty Bank ETF Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ritesh Patel is the Current Fund Manager of Mirae Asset Nifty Bank ETF Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,24,201 Cr and the Latest NAV as of 06 Apr 2026 is ₹533.69.
The Mirae Asset Nifty Bank ETF Growth is rated Very High risk.
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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 benchmarkNIFTY Bank Total Return Index
Fund house
Rank (total assets)#13 in India
Total AUM₹2,24,201.22 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,