The current market price of Mirae Asset Nifty PSU Bank ETF is ₹80.88. 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 Nifty PSU Bank Total Return Index, is an Open-Ended passive scheme with objective of tracking the benchmark precisely. The fund passively replicates the Nifty PSU Bank (TRI) benchmark using index-based replication and demonstrates tight tracking with a low tracking error of 0.1%, reinforcing close benchmark alignment over time. Portfolio concentrates in PSU banks: State Bank of India 34.2%, Bank of Baroda 14.7%, Canara Bank 11.9%; equity allocation 100.0%, top three 60.8% and top six 88.7% showing significant concentration. Performance shows 1Y: +31.9% reflecting strong single‑year returns, supported by tight tracking error 0.1%, while multi‑year CAGRs are unavailable so longer-term consistency cannot be assessed here from available data currently. Operationally the ETF carries an expense ratio of 0.2% with AUM ₹41.3 Cr, managed by Ms. Ekta Gala and Mr. Akshay Udeshi each managing since Oct 2024, reflecting compact scale.

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: 21.30%. 3-year return: 23.01%. 5-year return: 23.01%. 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.