The current market price of Mirae Asset Nifty PSU Bank ETF is ₹88.13. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Mirae Asset Nifty PSU Bank ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty PSU Bank Total Return Index, focusing on passive investment in public sector banks. This ETF employs a tracking strategy to closely mirror the Nifty PSU Bank benchmark, ensuring investors gain exposure to the performance of leading PSU banks in India. Top holdings include State Bank of India at 34.2% and Bank of Baroda at 14.7%, indicating a concentrated portfolio that emphasizes major players in the PSU banking sector. Over the past year, the ETF has shown impressive performance with a return of +41.5%, reflecting strong growth in the PSU banking sector amid favorable market conditions. With an expense ratio of 0.18% and a fund size of ₹41.3 Cr, this ETF offers a cost-efficient investment option for those looking to capitalize on PSU bank growth.

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: 44.19%. 3-year return: 34.04%. 5-year return: 34.04%. 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.