October 16, 2025
RA Jainee
Mirae Asset Nifty Financial Services ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 27.7785
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error.
Fund Manager:
1) Ekta Gala
Education: Ms. Gala is a B.Com & Inter CA (IPCC)
Experience: Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
2) Ritesh Patel
Education: Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB.
Experience: Prior to joining Mirae asset MF, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Mirae Asset Nifty Financial Services ETF
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 30-Jul-21 |
| Return Since Launch | 13.23% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 420 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.12% |
| (As on 30-Sep-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Nifty Financial Services ETF | 15.33 | 0.16 | 1.96 | 0.40 | 10.39 | 14.77 | 16.61 | — | — | — |
| BSE Bankex TRI | 11.74 | 0.11 | 4.07 | 0.75 | 10.47 | 10.68 | 14.07 | — | — | — |
| Equity: Sectoral-Banking | 13.14 | 0.19 | 3.70 | 1.26 | 13.97 | 10.91 | 17.40 | — | — | — |
| Rank within category | 13 | 27 | 57 | 21 | 55 | 7 | 15 | — | — | — |
| Number of funds in category | 59 | 66 | 66 | 64 | 64 | 58 | 32 | 23 | 16 | 15 |
Peer Comparison of Mirae Asset Nifty Financial Services ETF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mirae Asset Nifty Financial Services ETF | Unrated | 14.77 | 16.61 | — | 0.12 | 420 | 13.23 | — | 4Y 2M | — |
| Nippon India ETF Nifty Bank BeES | Unrated | 11.24 | 14.33 | 19.86 | 0.19 | 7,389 | 16.30 | — | 21Y 4M | 42.00 |
| Kotak Nifty Bank ETF | Unrated | 11.28 | 14.3 | 19.82 | 0.15 | 4,929 | 11.23 | — | 10Y 10M | 30.11 |
| SBI Nifty Bank ETF | Unrated | 11.29 | 14.34 | 19.88 | 0.19 | 3,866 | 11.69 | — | 10Y 6M | 29.00 |
| UTI Nifty Bank ETF | Unrated | 11.36 | 14.44 | 19.97 | 0.17 | 3,540 | 19.46 | — | 5Y 1M | 27.00 |
Portfolio Analysis of Mirae Asset Nifty Financial Services ETF
| No. of Stocks | 20 |
| Top 10 Stocks | 89.37% |
| Top 5 Stocks | 75.08% |
| Top 3 Sectors | 100.01% |
| Portfolio P/B Ratio | 2.56 |
| Portfolio P/E Ratio | 17.94 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 6,68,943 | 3,58,967 |
| Giant (%) | 90.86 | 66.19 |
| Large (%) | 8.76 | 17.44 |
| Mid (%) | 0.38 | 15.39 |
| Small (%) | — | 5.25 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Mirae Asset Nifty Financial Services ETF
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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