The Mirae Asset Nifty Financial Services ETF - RG, managed by Mirae Asset Investment Managers, aims to replicate the Nifty Financial Services Total Return Index, offering passive investment exposure.

This ETF employs a tracking strategy aligned with the Nifty Financial Services TRI, ensuring minimal tracking error of 0.02%, reflecting efficient index replication.

The portfolio is heavily concentrated, with top holdings like HDFC Bank at 32.1% and ICICI Bank at 21.3%, primarily focused on the banking sector, which constitutes 75.1% of total assets.

Over the past year, the fund has delivered a robust return of 17.4%, with a three-year CAGR of 13.6%, showcasing consistent performance amid market fluctuations.

With an expense ratio of 0.12% and an AUM of ₹420.2 Cr, the fund maintains operational efficiency, managed by experienced professionals since mid-2021.