Can I invest in SIP and Lumpsum in Mirae Asset Nifty PSU Bank ETF Direct Growth?

Yes, you can invest both lumpsum and SIP in Mirae Asset Nifty PSU Bank ETF. Minimum lumpsum investment Mirae Asset Nifty PSU Bank ETF is ₹5,000 and minimum SIP amount is 0% . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Mirae Asset Nifty PSU Bank ETF Direct Growth?

The latest NAV ( Net Asset Value ) of Mirae Asset Nifty PSU Bank ETF is Mirae Asset Nifty PSU Bank ETF is ₹57.53 as on 2025-03-12.

Which are the biggest stock holdings of Mirae Asset Nifty PSU Bank ETF?

The 5 biggest stock holdings of Mirae Asset Nifty PSU Bank ETF are: St Bk of India (32.82%), Bank of Baroda (15.36%), Punjab Natl.Bank (12.59%), Canara Bank (11.39%), Union Bank (I) (9.05%)

What are the top sectors Mirae Asset Nifty PSU Bank ETF invests in?

A majority of Mirae Asset Nifty PSU Bank ETF 's AUM worth ₹34.59 (Cr) is invested in these 3 top sectors: Banks : 100.01% Debt : 0.00% Cash & Others : -0.01%

Mutual Funds
AMC
Mirae Asset Nifty PSU Bank ETF

Mirae Asset Nifty PSU Bank ETF

ETFs Fund

Invest Now

NAV
57.53(-1.08%)
Fund Size (CR)
₹34.59
Expense Ratio
0.18
Scheme Type
Passive Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹0
Minimum SIP Investment
₹undefined
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
-13.99%

Absolute Return: -18.15%

Annualized Return: 0%

Basic Details

Scheme Manager

Ekta Gala

Bench Mark

Nifty PSU Bank TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	4 March 2025	10180.33	1.80%	-	1.26%	98/241
1 Month	11 February 2025	9700.04	-3.00%	-	-2.36%	137/236
3 Month	11 December 2024	8209.40	-17.91%	-	-7.91%	203/232
6 Month	-	-	-	-	-5.82%	-/-
1 Year	-	-	-	-	6.28%	-/-
3 Year	-	-	0%	-	13.32%	-/-
5 Year	-	-	0%	-	16.97%	-/-
Since Inception	1 October 2024	8601.18	-13.99%	-13.99%	12.86%	228/241

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 October 2024	60,000	53770.14	-10.38%	-10.38%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 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 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.87%

Standard Deviation

1.00%

Beta

-3.35%

Sharpe Ratio

-0.14%

Treynor's Ratio

-0.10%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
St Bk of India	32.82%	164806	11.35	Equity	Banks
Bank of Baroda	15.36%	269579	5.31	Equity	Banks
Punjab Natl.Bank	12.59%	498278	4.35	Equity	Banks
Canara Bank	11.39%	487208	3.94	Equity	Banks
Union Bank (I)	9.05%	279233	3.13	Equity	Banks
Indian Bank	7.54%	51067	2.61	Equity	Banks
Bank of India	4.83%	175604	1.67	Equity	Banks
Bank of Maha	3.05%	227356	1.06	Equity	Banks
I O B	1.25%	99131	0.43	Equity	Banks
Central Bank	1.11%	87021	0.38	Equity	Banks

Peer Comparison

Scheme Name	Value Research	Asset Size (Cr)	1M	3M	6M	1Y	3Y

List of Schemes under Mirae Asset Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mirae Asset Multicap Fund	Equity	Very High	3.32%	0	₹3,064.44
Mirae Asset Large Cap Fund	Equity	Very High	4.82%	3	₹35,532.55
Mirae Asset Large & Midcap Fund	Equity	Very High	0.51%	2	₹33,677.94
Mirae Asset Midcap Fund	Equity	Very High	-0.54%	2	₹13,830.67
Mirae Asset Small Cap Fund	Equity	Very High	0%	0	₹1,054.10
Mirae Asset Focused Fund	Equity	Very High	5.14%	2	₹7,104.55
Mirae Asset Great Consumer Fund	Equity	Very High	4.9%	4	₹3,642.65
Mirae Asset Healthcare Fund	Equity	Very High	12.89%	2	₹2,441.13
Mirae Asset Banking&Financial Services Fund	Equity	Very High	6.96%	3	₹1,681.43
Mirae Asset ELSS Tax Saver Fund	Equity	Very High	4.34%	3	₹22,411.17
Mirae Asset Overnight Fund	Debt	Low	6.67%	4	₹825.15
Mirae Asset Liquid Fund	Debt	Moderate	7.36%	4	₹12,730.95
Mirae Asset Ultra Short Duration Fund	Debt	Moderate	7.76%	4	₹1,601.77
Mirae Asset Low Duration Fund	Debt	Moderately Low	7.88%	3	₹1,199.97
Mirae Asset Money Market Fund	Debt	Moderately Low	7.73%	4	₹2,607.56
Mirae Asset Short Duration Fund	Debt	Moderately Low	8.24%	3	₹341.97
Mirae Asset Long Duration Fund	Debt	Moderate	0%	0	₹36.80
Mirae Asset Dynamic Bond Fund	Debt	Moderate	7.73%	3	₹118.67
Mirae Asset Corporate Bond Fund	Debt	Moderate	7.75%	2	₹40.97
Mirae Asset Banking and PSU Fund	Debt	Moderate	7.59%	2	₹47.92
Mirae Asset Aggressive Hybrid Fund	Hybrid	Very High	5.15%	3	₹8,170.45
Mirae Asset Balanced Advantage Fund	Hybrid	Moderately High	6.05%	0	₹1,695.72
Mirae Asset Multi Asset Allocation Fund	Hybrid	Very High	9.76%	0	₹1,737.12
Mirae Asset Arbitrage Fund	Hybrid	Low	7.92%	4	₹2,969.67
Mirae Asset Equity Savings Fund	Hybrid	Moderately High	7.06%	3	₹1,312.96
Mirae Asset Nifty SDL Jun 2027 Index Fund	Other	Moderate	8.24%	0	₹764.81
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	Other	Moderate	8.8%	0	₹240.52
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	Other	Moderate	7.56%	0	₹94.16
Mirae Asset Nifty SDL June 2028 Index Fund	Other	Moderate	8.45%	0	₹71.26
Mirae Asset Nifty Total Market Index Fund	Other	Very High	0%	0	₹31.71
Mirae Asset Nifty LargeMidcap 250 Index Fund	Other	Very High	0%	0	₹13.68
Mirae Asset Nifty 50 Index Fund	Other	Very High	0%	0	₹20.36
Mirae Asset Global X Artificial Intelligence & Technology ETF FOF	Other	Very High	15.87%	0	₹327.87
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund	Other	Very High	-0.04%	0	₹53.67
Mirae Asset Equity Allocator Fund of Fund	Other	Very High	0.78%	4	₹804.67
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	Other	Very High	1.52%	0	₹89.89
Mirae Asset NYSE FANG+ ETF Fund of Fund	Other	Very High	34.16%	0	₹1,869.44
Mirae Asset S&P 500 Top 50 ETF Fund of Fund	Other	Very High	25.64%	0	₹668.66
Mirae Asset Hang Seng TECH ETF Fund of Fund	Other	Very High	106.6%	0	₹102.93
Mirae Asset Nifty India Manufacturing ETF Fund of	Other	Very High	4.2%	0	₹96.97
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF	Other	Very High	-8.86%	0	₹157.99
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	Other	Very High	0%	0	₹183.68
Mirae Asset Nifty200 Alpha 30 ETF FOF	Other	Very High	0%	0	₹158.57
Mirae Asset Gold ETF Fund of Fund	Other	High	0%	0	₹66.59
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	Other	Very High	0%	0	₹12.62
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund	Other	Very High	0%	0	₹0.00
Mirae Asset BSE Select IPO ETF Fund of Fund	Other	Very High	0%	0	₹0.00
Mirae Asset FMP - Series V - Plan 3	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset FMP - Series V - Plan 4	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset Flexi Cap Fund	Equity	Very High	3.62%	0	₹2,324.26

News

Mirae Asset MF announces change in Fund Manager of the following schemes

Mirae Asset Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 14 February, 2025

Change in Fund Manager of the Schemes:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mirae Asset Arbitrage Fund	Mr. Jignesh Rao (Equity Portion) Mr. Jigar Sethia (Equity Portion) Mr. Abhishek Iyer (Debt Portion)	Mr. Jignesh Rao (Equity Portion) Mr. Jigar Sethia (Equity Portion) Mr. Amit Modani (Debt Portion)
Mirae Asset Multi Asset Allocation Fund	Mr. Harshad Borawake (Equity Portion) Mr. Amit Modani (Debt Portion) Mr. Siddharth Srivastava (Overseas Investments) Mr. Ritesh Patel (Commodity Investments)	Mr. Harshad Borawake (Equity Portion) Mr. Basant Bafna (Debt Portion) Mr. Siddharth Srivastava (Overseas Investments) Mr. Ritesh Patel (Commodity Investments)

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Mirae Asset MF announces change in Fund Manager of the following schemes

Mirae Asset Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 05 February, 2025

Change in Fund Manager of the Scheme:

Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager
Mirae Asset Liquid Fund (Formerly known as Mirae Asset Cash Management Fund)	Mr. Amit Modani & Mr. Abhishek Iyer	Mr. Amit Modani
Mirae Asset Overnight Fund	Mr. Abhishek Iyer	Mr. Amit Modani
Mirae Asset Corporate Bond Fund	Mr. Amit Modani	Ms. Kruti Chheta

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Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025
Details of Ms. Rimmi Jain,
Age: 37 years
Designation: Head ' Compliance,
Qualification: Bachelor of Commerce, ACS and LLB
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Fund House Details & Investment Objective

Date of Incorporation

24 September 2024

Total AUM (Cr)

₹34.59

Mirae Asset Nifty PSU Bank ETF is an ETFs Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 24 September 2024, this fund is managed by Ekta Gala. With assets under management (AUM) worth ₹34.59 (Cr), as of 12 March 2025, Mirae Asset Nifty PSU Bank ETF is categorized as a ETFs Fund within its segment. The fund has generated a return of -13.99% since its launch.
The current NAV of Mirae Asset Nifty PSU Bank ETF is ₹57.53, as on 12 March 2025. The fund's benchmark index is Nifty PSU Bank TRI. You can invest in Mirae Asset Nifty PSU Bank ETF via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 100.02% in Equity, -0.02% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 100.01% in Banks, 0.00% in Debt, -0.01% in Cash & Others

FAQs

How to Invest in Mirae Asset Nifty PSU Bank ETF Direct Growth?

Mirae Asset Nifty PSU Bank ETF is a popular fund in the ETFs Fund segment. The fund has generated a return of -13.99% since inception. Looking to invest in Mirae Asset Nifty PSU Bank ETF How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Nifty PSU Bank ETF is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mirae Asset Nifty PSU Bank ETF
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Nifty PSU Bank ETF today and reap the benefits of this ETFs Fund fund!

How much returns has Mirae Asset Nifty PSU Bank ETF Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Nifty PSU Bank ETF has generated annualised return of undefined%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated -13.99% returns.

What is the expense ratio of Mirae Asset Nifty PSU Bank ETF Direct Growth?

The expense ratio of Mirae Asset Nifty PSU Bank ETF Direct Growth is 0.18%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Nifty PSU Bank ETF Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Nifty PSU Bank ETF is ₹34.59 (Cr) as of 2025-03-12 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Nifty PSU Bank ETF Direct Growth?

Redeeming or selling units of Mirae Asset Nifty PSU Bank ETF is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Nifty PSU Bank ETF:

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mirae Asset Nifty PSU Bank ETF).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).