The current market price of Mirae Asset Nifty Bank ETF is ₹575.76. 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 pursues an open-ended equity objective replicating the Nifty Bank Total Return Index with a passive investment style The ETF seeks to replicate the Nifty Bank Index (TRI) benchmark closely, adopting a passive replication approach with a tracking error of 0.0% that evidences precise index adherence and consistency Portfolio concentrates heavily in Banking names with HDFC Bank 25.1%, ICICI Bank 20.2%, State Bank of India 9.6%, Axis Bank 9.3% and Kotak Mahindra Bank 9.2%, top-five concentration 73.4% notably Performance shows 1Y: +4.4% and 3Y CAGR: +9.6%, reflecting index-aligned returns under a passive framework, with low tracking error supporting consistent replication across measured intervals and modest variability versus benchmark Operationally the ETF manages ₹244.8 Cr and charges an expense ratio of 0.1%, with managers Ms. Ekta Gala (since Jul 2023) and Mr. Ritesh Patel (since Mar 2025) overseeing operations

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: 2.33%. 3-year return: 28.87%. 5-year return: 24.65%. 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.