The current market price of Mirae Asset Nifty Bank ETF is ₹549.20. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty Bank ETF, from Mirae Asset Investment Managers (India) Private Limited, is an open-ended equity scheme replicating the Nifty Bank Total Return Index, benchmarked to Nifty Bank Index (TRI). The fund follows a passive, index‑replication strategy mirroring the Nifty Bank TRI, employing full market exposure to bank constituents with a very low tracking error of 0.0%, indicating tight index adherence. Portfolio is heavily bank‑centric with industry allocation 99.97% and top ten holdings totaling 92.5%; HDFC Bank leads at 25.1%, top five concentration 73.4%, underscoring single‑sector risk and limited diversification. Performance history shows 1Y: +2.3% with no multi‑year CAGRs reported; tight tracking error and passive replication yield close benchmark alignment, though limited multi‑period performance constrains deeper consistency analysis. Operationally the ETF reports AUM ₹244.8 Cr (Dec 2025), expense ratio 0.1%, equity allocation 99.97% with 0.03% cash; managers Ms. Ekta Gala (Jul 2023) and Mr. Ritesh Patel (Mar 2025).

Mirae Asset Nifty Bank ETF is designed to track Nifty Bank Index (TRI), allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Mirae Asset Nifty Bank ETF is 0.10%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Mirae Asset Nifty Bank ETF is approximately ₹244.78. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Mirae Asset Nifty Bank ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Mirae Asset Nifty Bank ETF is 0.02%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty Bank ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Mirae Asset Nifty Bank ETF has delivered the following returns: 1-year return: -0.98%. 3-year return: 18.90%. 5-year return: 18.90%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty Bank ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.