The current market price of Mirae Asset Nifty PSU Bank ETF is ₹82.06. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty PSU Bank ETF by Mirae Asset Investment Managers (India) Private Limited replicates/tracks Nifty PSU Bank Total Return Index, an open-ended passive scheme focused on banking equities exposure. The fund employs passive replication to mirror Nifty PSU Bank (TRI), emphasizing index weight fidelity, low-cost structure and tight tracking, highlighted by a tracking error of 0.1% reflecting consistent replication. Portfolio is heavily concentrated in PSU banks with State Bank of India as largest holding at 34.2%, top five banks constitute about 80.8% of assets, underscoring notable single-sector concentration risk. Performance shows a strong one-year return of +32.7% (1Y), the robust 1Y outcome alongside a 0.1% tracking error indicates efficient replication and disciplined index exposure delivery showing benchmark coherence overall. Operationally the ETF reports AUM ₹41.3 Cr as on Aug 2025, expense ratio 0.2%, managers Ms. Ekta Gala and Mr. Akshay Udeshi since Oct 2024, and equity exposure of 100.0%.

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

The expense ratio of Mirae Asset Nifty PSU Bank ETF is 0.18%. 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 PSU Bank ETF is approximately ₹41.28. 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 PSU Bank ETF is classified under the High 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 PSU Bank ETF is 0.10%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Mirae Asset Nifty PSU 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 PSU Bank ETF has delivered the following returns: 1-year return: 31.13%. 3-year return: 24.81%. 5-year return: 24.81%. Past performance does not guarantee future results.

Before investing in Mirae Asset Nifty PSU 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.