Mirae Asset Nifty Bank Etf Overview
Category ETF
BMSMONEY Rank N/A
Rating N/A
Growth Option 13-03-2025
NAV ₹484.39(R) +0.01% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 3.07% -% -% -% -%
Direct
Benchmark
SIP (XIRR) Regular -6.37% -% -% -% -%
Direct
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top ETF
Fund Name Rank Rating
Mirae Asset S&P 500 Top 50 ETF 1
- 2
Mirae Asset NYSE FANG+ ETF 3
ICICI Prudential Nifty Healthcare ETF 4
Aditya Birla Sun Life Nifty Healthcare ETF 5
Mirae Asset Nifty Financial Services ETF 6
Axis NIFTY Healthcare ETF 7
Nippon India Nifty Pharma ETF 8
ICICI Prudential Nifty India Consumption ETF 9
SBI Nifty Consumption ETF 10
Nippon India ETF Nifty India Consumption 11
UTI Nifty Bank ETF 12
Nippon India Nifty Auto ETF 13
Mirae Asset Nifty India Manufacturing ETF 14
Axis NIFTY India Consumption ETF 15
Kotak Nifty Midcap 50 ETF 16
UTI BSE Sensex Next 50 Exchange Traded Fund 17
SBI BSE Sensex Next 50 ETF 18
Nippon India Etf Nifty Midcap 150 19
Motilal Oswal Nifty Midcap 100 ETF 20

NAV Date: 13-03-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty Bank ETF 484.39
0.0400
0.0100%

Review Date: 13-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: One return parameter of the Mirae Asset Nifty Bank ETF is in the top 25% in the category, as listed below:
      • 6M Return %
    2. Above Average Below the Top 25%: Two return parameters of the Mirae Asset Nifty Bank ETF are above average but below the top 25% in the category, as listed below:
      • 1M Return %
      • 1Y Return %
    3. Below Average: One return parameter of the fund is below average in the category, which is listed below:
      • 3M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Mirae Asset Nifty Bank ETF does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset Nifty Bank ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Nifty Bank ETF does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Mirae Asset Nifty Bank ETF, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


Date Mirae Asset Nifty Bank Etf NAV Regular Growth Mirae Asset Nifty Bank Etf NAV Direct Growth
13-03-2025 484.3863 None
12-03-2025 484.3499 None
11-03-2025 482.3079 None
10-03-2025 485.9666 None
07-03-2025 488.8002 None
06-03-2025 490.114 None
05-03-2025 488.7266 None
04-03-2025 486.2607 None
03-03-2025 484.9423 None
28-02-2025 487.2684 None
27-02-2025 491.2924 None
25-02-2025 489.9292 None
24-02-2025 490.3702 None
21-02-2025 493.6921 None
20-02-2025 497.2553 None
19-02-2025 499.6308 None
18-02-2025 494.7647 None
17-02-2025 496.4956 None
14-02-2025 494.8917 None
13-02-2025 497.5178 None

Fund Launch Date: 20/Jul/2023
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Bank Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Fund Description: (An open-ended scheme replicating/tracking Nifty Bank Total Return Index)
Fund Benchmark: Nifty Bank TRI (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.