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ETF📊 Respective Underlying Index(SEBI default)

Mirae Asset Nifty Bank ETF · Regular · Growth

Mirae Asset Mutual Fund

#116 of 241 (1Y)

NAV

₹585.3821

as of 14 Jul 2026

Expense Ratio

see scheme documents

AUM

₹254 Cr

Viewing Regular · Growth

Lumpsum returns (CAGR)

1Y
+1.87%
3Y
5Y
Since Inception
+8.26%

SIP returns (XIRR)

1Y
+3.90%
3Y
5Y
Since Inception
+8.23%

Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).

Risk Metrics

Trailing 1 year, annualised

0.45

Sharpe Ratio

Alpha

Beta

0.45

Sortino

15.94%

Std Dev

-18.33%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 May 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryETF
BenchmarkRespective Underlying Index
Launch Date20 Jul 2023
AMFI Code151857
Transaction facts
Exit LoadFor investors transacting directly with the AMC No Exit load will be levied on redemptions made by Market Makers or Large Investors directly with the AMC For investors transacting on the exchange Not Applicable

Available transactions

Demat

Investment Objective

Mirae Asset Nifty Bank ETF · Regular · Growth is an exchange-traded fund (ETF) that trades on stock exchanges like a regular share. It offers real-time pricing, low expense ratios, and the flexibility to buy and sell units throughout the trading day.

About This Fund

Mirae Asset Nifty Bank ETF · Regular · Growth is a ETF mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹254 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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