Mirae Asset Nifty Financial Services ETF-Growth
Equity: Sectoral-Banking & Financial Services - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: Sectoral-Banking & Financial ServicesBenchmark: NIFTY Financial Services Total Return IndexCheck Portfolio Overlap →
₹26.59+0.76%
18 Sept 2026
Holdings Analysis
ETF constituent allocation snapshot — equity, sector concentration and market cap distribution for Mirae Asset Nifty Financial Services ETF-Growth.
Market Cap Distribution
Large Cap (95.1%)
Mid Cap (4.4%)
Small Cap (0.5%)
Historical Asset Allocation
| Asset | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 |
|---|---|---|---|---|---|---|
| Equity | 99.96% | 99.61% | 99.62% | 99.85% | 100.01% | 100.01% |
| Debt | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Others (incl. cash) | 0.04% | 0.39% | 0.38% | 0.15% | -0.01% | -0.01% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
21
P/E Ratio
17.59
P/B Ratio
2.33
Top Holding %
17.26%
Top 5 Holdings %
61.85%
Top 10 Holdings %
85.84%
AUM
₹397 Cr
Expense Ratio
0.20%
Since Inception
9.74%
Max Drawdown
-0.23%
Alpha
0.22%
Sharpe Ratio
0.40
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 9,65,104 | 68.43 | 17.26% | -0.69%↓ |
| ICICI Bank Ltd. | Financial | 4,10,649 | 59.71 | 15.06% | 0.41%↑ |
| State Bank of India | Financial | 3,89,431 | 41.28 | 10.41% | 0.47%↑ |
| Kotak Mahindra Bank Ltd. | Financial | 9,09,845 | 38.16 | 9.62% | 0.80%↑ |
| Axis Bank Ltd. | Financial | 2,89,847 | 37.68 | 9.50% | 0.65%↑ |
| Bajaj Finance Ltd. | Financial | 3,31,216 | 35.01 | 8.83% | -0.56%↓ |
| Shriram Finance Ltd | Financial | 1,73,068 | 19.21 | 4.84% | 0.34%↑ |
| BSE Ltd. | Services | 50,498 | 16.57 | 4.18% | -0.40%↓ |
| Bajaj Finserv Ltd. | Financial | 71,541 | 14.46 | 3.65% | 0.04%↑ |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 52,948 | 9.83 | 2.48% | 0.05%↑ |
| JIO Financial Services Ltd. | Financial | 4,04,161 | 9.75 | 2.46% | -0.12%↓ |
| SBI Life Insurance Company Ltd. | Insurance | 55,526 | 9.66 | 2.44% | -0.16%↓ |
| HDFC Life Insurance Co Ltd. | Insurance | 1,33,343 | 7.25 | 1.83% | 0.01%↑ |
| Power Finance Corporation Ltd. | Financial | 1,76,833 | 5.95 | 1.50% | -0.36%↓ |
| Max Financial Services Ltd. | Financial | 32,147 | 5.06 | 1.28% | 0.08%↑ |
| REC Ltd. | Financial | 1,55,814 | 5.04 | 1.27% | -0.17%↓ |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 30,229 | 4.74 | 1.19% | -0.03%↓ |
| Muthoot Finance Ltd. | Financial | 13,648 | 4.06 | 1.03% | -0.03%↓ |
| SBI Cards And Payment Services Ltd. | Financial | 37,741 | 2.43 | 0.61% | -0.01%↓ |
| LIC Housing Finance Ltd. | Financial | 38,264 | 2.06 | 0.52% | 0.02%↑ |
Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 |
|---|---|---|---|---|---|---|
| Financial | 90.32% | 89.40% | 89.10% | 88.07% | 89.09% | 89.60% |
| Insurance | 5.46% | 5.63% | 5.66% | 6.16% | 6.03% | 6.49% |
| Services | 4.18% | 4.58% | 4.86% | 5.61% | 4.88% | 3.92% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
69.8 / 100
Weighted average Value score is 69.8. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
48.2 / 100
Weighted average Price Momentum score is 48.2. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
64.3 / 100
Weighted average Quality score is 64.3. This indicates that portfolio has average quality using composite of quality measures.
QVM score
69.5 / 100
Weighted average QVM score is 69.5. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Frequently Asked Questions
What are the top holdings of Mirae Asset Nifty Financial Services ETF-Growth?
The top holdings of Mirae Asset Nifty Financial Services ETF-Growth as of 31 Aug 2026 are HDFC Bank Ltd. (17.26%), ICICI Bank Ltd. (15.06%), State Bank of India (10.41%), Kotak Mahindra Bank Ltd. (9.62%), Axis Bank Ltd. (9.50%). These top 5 stocks together account for 61.85% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mirae Asset Nifty Financial Services ETF-Growth hold in its portfolio?
Mirae Asset Nifty Financial Services ETF-Growth holds 21 stocks in its portfolio as of 31 Aug 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Mirae Asset Nifty Financial Services ETF-Growth?
As of 31 Aug 2026, Mirae Asset Nifty Financial Services ETF-Growth's top sector allocations are Financial (90.32%), Insurance (5.46%), Services (4.18%). You can find detailed sector allocation above.
What is the equity and debt allocation of Mirae Asset Nifty Financial Services ETF-Growth?
As of 31 Aug 2026, Mirae Asset Nifty Financial Services ETF-Growth has 99.96% allocated to equity, and 0.00% to debt. You can also check the historical trends above.
What is the market cap allocation of Mirae Asset Nifty Financial Services ETF-Growth?
As of 31 Aug 2026, Mirae Asset Nifty Financial Services ETF-Growth's market cap allocation is 95.12% in large caps, 4.36% in mid caps, and 0.52% in small caps.
What is the PE ratio of Mirae Asset Nifty Financial Services ETF-Growth's portfolio?
The portfolio PE ratio of Mirae Asset Nifty Financial Services ETF-Growth is 17.59 as of 31 Aug 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.
What is the credit quality of Mirae Asset Nifty Financial Services ETF-Growth?
A credit rating breakdown is not available for Mirae Asset Nifty Financial Services ETF-Growth — its non-equity allocation was 0.00% as of the latest disclosure. This is common when a fund's non-equity holdings are mostly cash or short-term money market instruments, which aren't assigned a credit rating the way bonds are.
When is the latest portfolio disclosure for Mirae Asset Nifty Financial Services ETF-Growth?
The latest portfolio disclosure for Mirae Asset Nifty Financial Services ETF-Growth is as of 31 Aug 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.