The current market price of Mirae Asset Nifty PSU Bank ETF is ₹88.42. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty PSU Bank ETF from Mirae Asset Investment Managers replicates the Nifty PSU Bank Total Return Index and is an Open Ended passive scheme focused on benchmark tracking. The fund employs a passive replication of Nifty PSU Bank (TRI), seeking tight index tracking with a measured tracking error of 0.1% which signals efficient replication and minimal active deviation. Portfolio comprises concentrated PSU bank equity exposure notably with holdings State Bank of India 34.2%, Bank of Baroda 14.7%, Canara Bank 11.9% and Punjab National Bank 11.8%, five-holding concentration 80.8%. Performance shows a strong 1Y return of +18.1% and lacks multi year CAGRs in the dataset, while low tracking error supports attribution of returns primarily to benchmark constituent performance drivers. Risk profile shows concentrated equity 100.0%, expense ratio 0.2% and tracking error 0.1%, AUM ₹41.3 Cr as on Aug 2025; managed by Ekta Gala and Akshay Udeshi since Oct 2024.

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: 27.33%. 3-year return: 34.48%. 5-year return: 34.48%. 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.