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Mirae Asset Nifty Bank ETF Growth
+9.57%
3Y annualised
+0.67% 1D
NAV: 04 Nov '26
₹570.41
Min. for SIP
--
Fund size (AUM)
₹317.06 Cr
Expense ratio
0.17%
Rating
--
Holdings (16)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 18.62% |
| ICICI Bank Ltd | Financial | Equity | 14.18% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 10.20% |
| Axis Bank Ltd | Financial | Equity | 10.06% |
| State Bank of India | Financial | Equity | 9.93% |
| The Federal Bank Ltd | Financial | Equity | 6.56% |
| Indusind Bank Ltd | Financial | Equity | 4.97% |
| AU Small Finance Bank Ltd | Financial | Equity | 4.85% |
| IDFC First Bank Ltd | Financial | Equity | 4.54% |
| Bank Of Baroda | Financial | Equity | 3.59% |
| Canara Bank | Financial | Equity | 3.37% |
| Punjab National Bank | Financial | Equity | 3.27% |
| Yes Bank Ltd | Financial | Equity | 3.01% |
| Union Bank of India | Financial | Equity | 2.86% |
| Repo | Unspecified | Repo | 0.02% |
| Net Payables | Unspecified | Net Payables | -0.03% |
Minimum investments
Min. for 1st investment
--
Min. for 2nd investment
--
Min. for SIP
--
Returns and rankings
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +2.5% | -2.8% | +9.6% | +6.8% |
| Category average (Equity Sectoral) | -0.9% | -3.0% | +11.3% | +18.4% |
| Rank (Equity Sectoral) | -- | 27 | 20 | -- |
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
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 ₹2,27,142 Cr and the Latest NAV as of 04 Nov 2026 is ₹570.41.
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₹2,27,142.09 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,