Mirae Asset Nifty Bank ETF-Growth
Equity: Sectoral-Banking & Financial Services - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Sectoral-Banking & Financial ServicesBenchmark: NIFTY Bank Total Return IndexCheck Portfolio Overlap →
₹573.4-0.45%
22 Sept 2026
Tracking Difference
Annualised return gap between Mirae Asset Nifty Bank ETF-Growth and its benchmark index over 1Y, 3Y, 5Y and 10Y periods, compared to the average of all funds tracking the same benchmark.
| Name | 1 Y | 3 Y | 5 Y | 10 Y |
|---|---|---|---|---|
| Fund | -0.18% | -0.15% | - | - |
| Avg. of funds with same benchmark | -0.18% | -0.15% | - | - |
Rolling Returns Analysis
Rolling annualized returns of Mirae Asset Nifty Bank ETF-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 30 Jul, 2024 - 22 Sep, 2026 | 04 Aug, 2026 - 22 Sep, 2026 | - | - |
| Average returns | 10.83% | 9.27% | - | - |
| Standard deviation | 6.80% | 0.54% | - | - |
| Best returns | 25.94% 1 year ending on 16 Jan, 2026 | 10.50% 3 years ending on 31 Aug, 2026 | - | - |
| Worst returns | -2.83% 1 year ending on 01 Jun, 2026 | 8.27% 3 years ending on 22 Sep, 2026 | - | - |
| Period with positive return | 95.51% | 100.00% | - | - |
| Period with return > 5% | 75.28% | 100.00% | - | - |
| Period with return > 10% | 54.49% | 11.43% | - | - |
| Period with return > 15% | 29.96% | 0.00% | - | - |
| Beat % Category | 60.49% | 0.00% | - | - |
| Beat % Benchmark | 19.10% | 28.57% | - | - |
Trailing Returns
Point-to-point returns of Mirae Asset Nifty Bank ETF-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
-5%
0%
5%
10%
-5.1%
-2.5%
-5.0%
YTD
-2.7%
-2.6%
-2.7%
1 M
5.8%
6.1%
10.0%
6 M
2.2%
4.9%
2.4%
1 Y
8.7%
11.5%
8.8%
3 Y
11.9%
9.6%
5 Y
11.1%
11.5%
10 Y
Fund
Equity: Sectoral-Banking & Financial Services
NIFTY Bank Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | -5.14% | -2.69% | 5.82% | 2.19% | 8.70% | - | - | 7.19% |
| Equity: Sectoral-Banking & Financial Services | -2.51% | -2.64% | 6.08% | 4.94% | 11.47% | 11.91% | 11.11% | - |
| NIFTY Bank Total Return Index | -5.03% | -2.68% | 10.01% | 2.35% | 8.85% | 9.63% | 11.48% | - |
| Rank in category | 41 | 33 | 35 | 25 | 24 | - | - | - |
| Funds in category | 67 | 84 | 72 | 66 | 43 | 28 | 16 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Mirae Asset Nifty Bank ETF-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Mirae Asset Nifty Bank ETF-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of Mirae Asset Nifty Bank ETF-Growth?
Mirae Asset Nifty Bank ETF-Growth has delivered a 1-year return of 2.19% as of 21 Sep 2026. During the same period, its benchmark NIFTY Bank Total Return Index returned 2.35%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Mirae Asset Nifty Bank ETF-Growth?
Mirae Asset Nifty Bank ETF-Growth has delivered a 3-year CAGR of 8.70% as of 21 Sep 2026. Its benchmark NIFTY Bank Total Return Index returned 8.85% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year ETF performance as it smooths out year-to-year volatility.
What are the 5-year returns of Mirae Asset Nifty Bank ETF-Growth?
The 5-year CAGR for Mirae Asset Nifty Bank ETF-Growth is shown in the Trailing Returns section above.
What are the returns of Mirae Asset Nifty Bank ETF-Growth since inception?
Since its launch on 20 Jul 2023, Mirae Asset Nifty Bank ETF-Growth has delivered a CAGR of 7.19%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Mirae Asset Nifty Bank ETF-Growth performed vs its category over the long term?
Over the long term, Mirae Asset Nifty Bank ETF-Growth has ranked 24 out of 43 funds in the Equity: Sectoral-Banking & Financial Services category on a 3-year basis, and - on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Mirae Asset Nifty Bank ETF-Growth?
The Sharpe ratio of Mirae Asset Nifty Bank ETF-Growth is 0.34 (as of 21 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Mirae Asset Nifty Bank ETF-Growth?
The 3Y alpha of Mirae Asset Nifty Bank ETF-Growth is -0.72% (as of 21 Sep 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY Bank Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Mirae Asset Nifty Bank ETF-Growth?
The beta of Mirae Asset Nifty Bank ETF-Growth is 1.03 (as of 21 Sep 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY Bank Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Mirae Asset Nifty Bank ETF-Growth's beta of 1.03 indicates it is more aggressive than its benchmark.
What are the rolling returns of Mirae Asset Nifty Bank ETF-Growth?
The average 1-year and 3-year rolling returns of Mirae Asset Nifty Bank ETF-Growth is 10.83% and 9.27% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.