Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty Financial Services ETF

Holds 20 companies worth ₹369 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹369 CrMirae Asset Nifty Financial Services ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 7.0% on Aug 2026, ₹397 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 18.6% of this scheme's NAV.

  • Fund manager

    Ekta GalaRuns it since 30 Jul 2021, as the fund house dates it. With Ritesh Patel (fund manager).

Overview(29 Jan 2026)

Fund managers2

  1. Ekta GalaFund manager · Jul 2021 · 9y · B.Com
  2. Ritesh PatelFund manager · Mar 2025 · 14y
  1. Vishal SinghAug 2023 – Mar 2025

Key facts

Benchmark
Nifty Financial Services Total Return Index (TRI)
Risk
Very High
Expense
Regular 0.13% · Direct 0%
Exit load
Nil
Started
30 Jul 2021
Minimum
On exchange ( in multiple of 1 units), Directly with AMC (in multiple of 3,00,000 units)

Source.Its Scheme Summary Document as of 29 Jan 2026 at AMFI.

What changed(7 changes)

Jan 2026

1 change
  1. Expense ratio
    29 JanRegular 0.12% → 0.13%

Jun 2025

1 change
  1. Expense ratio
    24 JunRegular 0.13% → 0.12%

Mar 2025

3 changes
  1. Expense ratio
    19 MarRegular 0.12% → 0.13%
  2. Ritesh Patel joined
    12 Maras fund manager
  3. Vishal Singh left
    12 Marran it as fund manager from Aug 2023

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Jul 2021 – now)

  1. Ekta Gala
  2. Ritesh Patel
  3. Vishal Singh
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Sept 2024 – Jan 2026)

Every change to the expense ratio, newest first.
6 changesRegularDirectΔ pt
29 Jan 20260.13%0.00%0
24 Jun 20250.12%0.00%0
19 Mar 20250.13%0.00%0
27 Feb 20250.12%0.00%0
17 Jan 20250.13%0.00%–
2 Sept 20240.12%––
Direct plan, 29 Jan 2026
0.00%
Regular plan 0.13% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(29 Jan 2026)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Financial Services Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Exchange Traded Fund (ETF) - An open-ended scheme replicating/tracking Nifty Financial Services Total Return Index
Benchmark
Nifty Financial Services Total Return Index (TRI)

Asset allocation it may hold% of NAV

  1. Securities included in the Nifty Financial Services Index
    Allowed95–100%
  2. securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds
    Allowed0–5%Holds0.0%

Holds in Sept 2026.100.0% equity

How to invest(29 Jan 2026)

Buying

To start
On exchange ( in multiple of 1 units), Directly with AMC (in multiple of 3,00,000 units)
Most
Any Amount

Selling and switching

Scheme details(29 Jan 2026)

What it is

Category
Other ETFs
Offer
22 Jul 2021 to 29 Jul 2021
Started
30 Jul 2021
Reopened
3 Aug 2021
Plans
Regular Plan - Growth
Face value
₹10
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
Enabled.
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
Auditor
M/s.Chokshi & Chokshi, Chartered Accountants
Registrar
KFIN Technologies Limited
SEBI code
MIRA/O/O/EET/21/06/0028