Fund Overview of Mirae Asset Nifty Psu Bank Etf-growth
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₹41.9 CrAUM
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₹75.27NAV
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0.18%Expense Ratio
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EquityFund Category
Returns of Mirae Asset Nifty Psu Bank Etf-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 2.45% | NA | 2.31% |
| 6 Months | 23.86% | NA | 15.50% |
Asset Allocation
equities
99.75%other assets or cash equivalents
0.25%Mirae Asset Nifty Psu Bank Etf-growth is one Equity mutual fund offered by Mirae Asset Mutual Fund. Launched on 01 Oct 2024, the fund aims Returns that commensurate with performance of Nifty PSU BankTotal Returns Index, subject to tracking error over long term. Investments in equity securities covered by Nifty PSU BankTotal Return Index. It manages assets worth ₹41.9 crore as on Thu Jul 31, 2025. The expense ratio stands at 0.18%. Fund Manager Manager Education Fund Manager Manager EducationAbout Mirae Asset Nifty Psu Bank Etf-growth
The portfolio allocation consists of 99.75% in equities, 0.25% in other assets or cash equivalents. Managed by Akshay Udeshi, it has delivered a return of 0.00% in the last year, a total return since inception of 6.60%.
Fund Details
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Fund NamesMirae Asset Nifty Psu Bank Etf-growth
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Inception Date01 Oct 2024
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Lock InNo Lock-in
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RiskPrincipal at very high risk
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Category Average Annual Returns10.43
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
Mirae Asset Banking And Financial Services Fund Regular - Growth
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₹2,042 | 1.99% | -4.05% | 7.91% | 4.50% | 17.67% |
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Mirae Asset Banking And Financial Services Fund Direct - Growth
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₹2,042 | 2.12% | -3.70% | 8.69% | 6.02% | 19.42% |
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Mirae Asset Banking And Financial Services Fund Regular-idcw
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₹2,042 | 1.99% | -4.05% | 7.91% | 4.50% | 17.67% |
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Mirae Asset Banking And Financial Services Fund Direct-idcw
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₹2,042 | 2.12% | -3.70% | 8.69% | 6.02% | 19.42% |
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Mirae Asset Nifty Financial Services Etf - Growth
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₹431 | 1.76% | -3.95% | 4.63% | 7.22% | 15.09% |
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Mirae Asset Nifty Bank Etf - Growth
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₹257 | 1.81% | -4.38% | 6.74% | 3.84% | - |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Tax Information
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.
Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| Mirae Asset Nifty Financial Services Etf - Growth |
₹431 | ₹27.26 | 15.09% | - | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| State Bank Of India | Financial | 33.35% | ₹13.96 Cr |
| Bank Of Baroda | Financial | 14.75% | ₹6.17 Cr |
| Punjab National Bank | Financial | 12.17% | ₹5.09 Cr |
| Canara Bank | Financial | 12.11% | ₹5.07 Cr |
| Union Bank Of India | Financial | 8.47% | ₹3.55 Cr |
| Indian Bank | Financial | 7.36% | ₹3.08 Cr |
| Bank Of India | Financial | 4.53% | ₹1.90 Cr |
| Bank Of Maharashtra | Financial | 2.95% | ₹1.24 Cr |
| Indian Overseas Bank | Financial | 1.31% | ₹0.55 Cr |
| Central Bank Of India | Financial | 1.19% | ₹0.50 Cr |
| Uco Bank | Financial | 1.13% | ₹0.48 Cr |
| Punjab & Sind Bank | Financial | 0.43% | ₹0.18 Cr |
| Net Receivables | Unspecified | 0.25% | ₹0.11 Cr |
Mirae Asset Nifty Psu Bank Etf-growth
What is the current AUM of Mirae Asset Nifty Psu Bank Etf-growth?
As of Thu Jul 31, 2025, Mirae Asset Nifty Psu Bank Etf-growth manages assets worth ₹41.9 crore
How has Mirae Asset Nifty Psu Bank Etf-growth performed recently?
- 3 Months: 2.45%
- 6 Months: 23.86%
What is the long-term performance of Mirae Asset Nifty Psu Bank Etf-growth?
- Since Inception: 6.60%
What is the portfolio composition of Mirae Asset Nifty Psu Bank Etf-growth?
Equity: 99.75%, Others: 0.25%.
Who manages Mirae Asset Nifty Psu Bank Etf-growth?
Mirae Asset Nifty Psu Bank Etf-growth is managed by Akshay Udeshi from Mirae Asset Mutual Fund.
What is the market-cap allocation of Mirae Asset Nifty Psu Bank Etf-growth?
Large Cap: 56.30%, Mid Cap: 10.26%.
Which are the top companies Mirae Asset Nifty Psu Bank Etf-growth has invested in?
- State Bank of India – 33.35% of the fund's portfolio
- Bank Of Baroda – 14.75% of the fund's portfolio
- Punjab National Bank – 12.17% of the fund's portfolio
- Canara Bank – 12.11% of the fund's portfolio
- Union Bank of India – 8.47% of the fund's portfolio
Which are the major sectors Mirae Asset Nifty Psu Bank Etf-growth focuses on?
- Financial – 99.75% of the fund's portfolio
- Unspecified – 0.25% of the fund's portfolio
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^Returns as on 10th Jan’25. Tata AIA Life Top 200 ULIP Fund has delivered 18% returns over the last 10 years. Past performance is not necessarily indicative of future results. This disclaimer is specifically regarding a ULIP fund and is not related to mutual funds. Source: Morningstar.
