The current market price of Mirae Asset Nifty Bank ETF is ₹523.01. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty Bank ETF, managed by Mirae Asset Investment Managers (India) Private Limited, is an Equity passive scheme replicating Nifty Bank Total Return Index, benchmark Nifty Bank Index (TRI). The fund employs full replication passive strategy aiming tight replication of the benchmark, evidenced by tracking error 0.0% and a transparent index-following approach with minimal active deviation or trading frictions. Portfolio is highly concentrated in Banking with 100.0% allocation, led by HDFC Bank 25.1%, ICICI Bank 20.2%, State Bank 9.6%, Axis Bank 9.3% and Kotak 9.2%, noting material concentration risk. Performance shows 1Y: +2.5%, reflecting close index replication, and the supplied dataset is limited to this single period for multi-period comparative assessment within provided information, and benchmarking across market cycles. Operationally the fund manages AUM ₹244.8 Cr with expense ratio 0.1%, led by Ms. Ekta Gala (Jul 2023) and Mr. Ritesh Patel (Mar 2025), asset allocation Equity 100.0%, noting liquidity.

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: 1.96%. 3-year return: 13.23%. 5-year return: 13.23%. 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.