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Mirae Asset Nifty PSU Bank ETF
Mirae Asset Mutual Fund · Exchange Traded Funds (ETFs) - Equity ETF · Equity ETF
₹83.67
AUM: —
NAV updated about 3 hours ago
Risk
High
Sharpe Ratio
0.2
Std Dev (1Y)
23.65%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.61%
3m
-3.98%
6m
-2.84%
1y
+12.75%
3y
—
5y
—
10y
—
since inception
+12.09%
TopFund's Take on Mirae Asset Nifty PSU Bank ETF
Mirae Asset Nifty PSU Bank ETF is a Equity ETF fund from Mirae Asset Mutual Fund.
Cost: Expense ratio data for this fund isn't available yet.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.2 — returns have only marginally compensated for the risk taken. Separately, with 23.65% annualised volatility, this is among the more turbulent funds in the Equity ETF space — expect sharp swings in both directions.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Exchange Traded Funds (ETFs) - Equity ETF fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Sector allocation not available yet.
Asset Allocation
Asset allocation not available yet.
Fund Snapshot
Similar Funds
No similar funds found.
Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Nifty PSU Bank ETF
The current NAV (Net Asset Value) of Mirae Asset Nifty PSU Bank ETF is ₹83.67. NAV is updated every business day after market close by AMFI.
1Y: 12.75%
Expense ratio data for Mirae Asset Nifty PSU Bank ETF is not yet available.
Mirae Asset Nifty PSU Bank ETF is managed by Mirae Asset Mutual Fund.
Mirae Asset Nifty PSU Bank ETF is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Mirae Asset Nifty PSU Bank ETF is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Mirae Asset Nifty PSU Bank ETF with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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