
245
0.10%
0.02%
—
High Risk
0.18
—
507.7
624.23
1.122
—
Bullish
60.44
578.59
574.26
| Company | Weightage (%) |
| HDFC Bank Ltd. | 25.14% |
| ICICI Bank Ltd. | 20.16% |
| State Bank of India | 9.62% |
| Axis Bank Ltd. | 9.29% |
| Kotak Mahindra Bank Ltd. | 9.22% |
| The Federal Bank Ltd. | 4.31% |
| Indusind Bank Ltd. | 3.69% |
| AU Small Finance Bank Ltd. | 3.60% |
| IDFC First Bank Ltd. | 3.59% |
| Bank of Baroda | 3.49% |
Allocation
The current market price of Mirae Asset Nifty Bank ETF is ₹590.73. 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 Equity, Passive open‑ended scheme replicating/tracking Nifty Bank Total Return Index with a banking investment objective Strategy emphasizes index replication of the Nifty Bank Index (TRI) through a Passive approach, seeking close benchmark alignment with a tracking error of 0.0% and transparency Portfolio is heavily concentrated in Banking with HDFC 25.1%, ICICI 20.2%, SBI 9.6%, Axis 9.3%, Kotak 9.2% totaling 73.4% among top five, and limited intra‑sector diversification Performance shows a one‑year change of -12.1%, with no longer‑term CAGRs available, while a low tracking error of 0.0% indicates tight benchmark replication despite the negative one‑year outcome and consistency Operationally the ETF manages ₹244.8 Cr as on Dec 2025, charges an expense ratio of 0.1%, is managed by 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: 4.77%. 3-year return: 31.40%. 5-year return: 27.89%. 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.
Performance
STEADY PERFORMER
Technicals
Bullish
Risk
—
Liquidity
POOR
Consistency
NEUTRAL
212.58
▼ 0.32%
36.52
▲ 0.22%
206.30
▲ 0.16%
47.97
▼ 0.23%
1098.06
▲ 0.04%
266.94
▼ 0.32%
9.13
▼ 0.33%
30.65
▲ 0.33%
81.10
▼ 0.27%
80.54
▼ 0.49%
340.47
▼ 0.29%
26.54
▲ 0.23%
27.81
▼ 0.54%
34.12
▲ 1.46%
169.57
▲ 0.29%
16.96
▲ 0.00%
23.92
▲ 0.29%
12.19
▲ 0.00%
33.47
▲ 1.39%
52.00
▲ 0.21%
145.24
▲ 1.00%
38.90
▼ 0.05%
23.77
▼ 0.59%
769.61
▼ 0.09%
223.70
▲ 2.38%
88.42
▲ 0.58%
42.26
▼ 0.66%
13.84
▼ 0.65%
14.09
▲ 0.00%
590.73
▼ 0.06%
13.32
▲ 0.38%
1000.00
▲ 0.00%
48.00
▼ 0.46%
18.38
▼ 0.22%
Bearish
6
Neutral
5
Bullish
3
Bearish
8
Neutral
5
Bullish
33
Bearish
2
Neutral
0
Bullish
30
Bearish
6
Neutral
5
Bullish
3
Bearish
6
Neutral
5
Bullish
3
Bearish
2
Neutral
0
Bullish
30
Bearish
2
Neutral
0
Bullish
30
Bearish
2
Neutral
0
Bullish
30
-private-limited/mirae.avif)
AUM
₹ 245 Cr
Expense Ratio
0.10%