October 16, 2025
RA Jainee
Mirae Asset Nifty PSU Bank ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 77.5135
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 PSU Bank Total Return Index, subject to tracking error. The scheme does not guarantee or assure any returns.
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) Akshay Udeshi
Education: Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Experience: Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
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 PSU Bank ETF
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 01-Oct-24 |
| Return Since Launch | 14.97% |
| Benchmark | NIFTY PSU Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 47 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.19% |
| (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 PSU Bank ETF | 18.59 | 1.67 | 8.77 | 8.16 | 23.80 | 17.14 | — | — | — | — |
| BSE Bankex TRI | 11.73 | 0.34 | 3.98 | 0.46 | 7.76 | 9.47 | — | — | — | — |
| Equity: Sectoral-Banking | 13.68 | 0.88 | 3.90 | 1.00 | 11.57 | 10.36 | — | — | — | — |
| Rank within category | 6 | 6 | 3 | 1 | 4 | 1 | — | — | — | — |
| Number of funds in category | 59 | 66 | 66 | 64 | 64 | 58 | 32 | 23 | 16 | 15 |
Peer Comparison of Mirae Asset Nifty PSU Bank 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 PSU Bank ETF | Unrated | 17.14 | — | — | 0.19 | 47 | 14.97 | — | 1Y | — |
| Nippon India ETF Nifty Bank BeES | Unrated | 10.08 | 13.77 | 20.37 | 0.19 | 7,389 | 16.32 | — | 21Y 4M | 42.00 |
| Kotak Nifty Bank ETF | Unrated | 10.11 | 13.74 | 20.33 | 0.15 | 4,929 | 11.25 | — | 10Y 10M | 30.11 |
| SBI Nifty Bank ETF | Unrated | 10.12 | 13.78 | 20.39 | 0.19 | 3,866 | 11.71 | — | 10Y 6M | 29.00 |
| UTI Nifty Bank ETF | Unrated | 10.19 | 13.88 | 20.48 | 0.17 | 3,540 | 19.51 | — | 5Y 1M | 27.00 |
Portfolio Analysis of Mirae Asset Nifty PSU Bank ETF
| No. of Stocks | 12 |
| Top 10 Stocks | 98.53% |
| Top 5 Stocks | 80.63% |
| Top 3 Sectors | 100.00% |
| Portfolio P/B Ratio | 1.16 |
| Portfolio P/E Ratio | 7.93 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,00,931 | 3,58,967 |
| Giant (%) | 32.84 | 66.19 |
| Large (%) | 57.22 | 17.44 |
| Mid (%) | 9.94 | 15.39 |
| Small (%) | — | 5.25 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Mirae Asset Nifty PSU Bank ETF
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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