Mirae Asset Nifty Financial Services Etf Overview
Category Other ETFs
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Growth Option As On: 23-04-2024
NAV ₹21.68 (R) +0.04% (D) %
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 13.61% -% -% -% -%
LumpSum Dir. P
SIP Reg. P 13.37% -% -% -% -%
SIP Dir. P
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%

NAV Date: 23-04-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Nifty Financial Services ETF 21.68
0.0100
0.0400%

Review Date: March 28, 2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: One return parameter of the Mirae Asset Nifty Financial Services Etf is in the top 25% in the category, as shown below:
      • 1M Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Mirae Asset Nifty Financial Services Etf has three return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed zero risk parameters of Mirae Asset Nifty Financial Services Etf, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Mirae Asset Nifty Financial Services Etf does not have any risk parameters in the lowest 25% of the category. It means the fund has high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset Nifty Financial Services Etf does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Nifty Financial Services Etf does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.03
1.62
-5.45 | 7.28 34 | 129
Yes
No
No
3M Return % 5.61
1.69
-89.72 | 20.59 48 | 129
Yes
No
No
6M Return % 10.00
15.66
-89.33 | 59.33 102 | 127
No
No
Yes
1Y Return % 13.61
25.93
-88.81 | 104.05 90 | 129
No
No
No
1Y SIP Return % 13.37
30.74
-34.68 | 118.49 93 | 121
No
No
Yes
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.04 ₹ 10004.0 ₹
1W 2.08 ₹ 10208.0 ₹
1M 3.03 ₹ 10303.0 ₹
3M 5.61 ₹ 10561.0 ₹
6M 10.0 ₹ 11000.0 ₹
1Y 13.61 ₹ 11361.0 ₹
3Y - ₹ - ₹
5Y - ₹ - ₹
7Y - ₹ - ₹
10Y - ₹ - ₹
15Y - ₹ - ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 13.3663 ₹ 12850.644 ₹
3Y ₹ 36000 - ₹ - ₹
5Y ₹ 60000 - ₹ - ₹
7Y ₹ 84000 - ₹ - ₹
10Y ₹ 120000 - ₹ - ₹
15Y ₹ 180000 - ₹ - ₹


Date NAV Regular Growth NAV Direct Growth
23-04-2024 21.6829 None
22-04-2024 21.6752 None
19-04-2024 21.5194 None
18-04-2024 21.2414 None
16-04-2024 21.4446 None
15-04-2024 21.4922 None
12-04-2024 21.8744 None
09-04-2024 22.0376 None
08-04-2024 21.9587 None
05-04-2024 21.9102 None
04-04-2024 21.7242 None
03-04-2024 21.5452 None
02-04-2024 21.4982 None
01-04-2024 21.5464 None
28-03-2024 21.3347 None
27-03-2024 21.1311 None
26-03-2024 21.0448 None
22-03-2024 21.124 None
21-03-2024 21.0514 None
20-03-2024 20.8782 None
19-03-2024 20.9369 None
18-03-2024 20.9621 None
15-03-2024 20.9802 None
14-03-2024 21.0625 None
13-03-2024 21.0954 None
12-03-2024 21.2366 None
11-03-2024 21.2012 None
07-03-2024 21.3471 None
06-03-2024 21.3271 None
05-03-2024 21.1934 None
04-03-2024 21.2674 None
01-03-2024 21.1817 None
29-02-2024 20.7398 None
28-02-2024 20.6713 None
27-02-2024 20.8873 None
26-02-2024 20.9551 None
23-02-2024 21.0137 None
22-02-2024 21.0023 None
21-02-2024 21.0236 None
20-02-2024 21.1396 None
19-02-2024 20.8805 None
16-02-2024 20.8033 None
15-02-2024 20.7459 None
14-02-2024 20.6539 None
13-02-2024 20.5168 None
12-02-2024 20.2405 None
09-02-2024 20.5301 None
08-02-2024 20.3893 None
07-02-2024 20.7745 None
06-02-2024 20.6948 None
05-02-2024 20.6426 None
02-02-2024 20.763 None
01-02-2024 20.8465 None
31-01-2024 20.8271 None
30-01-2024 20.6117 None
29-01-2024 20.7417 None
25-01-2024 20.4229 None
24-01-2024 20.5318 None
23-01-2024 20.4613 None
20-01-2024 20.873 None
19-01-2024 20.7545 None
18-01-2024 20.6516 None
17-01-2024 20.8597 None
16-01-2024 21.7929 None
15-01-2024 21.8074 None
12-01-2024 21.6443 None
11-01-2024 21.5921 None
10-01-2024 21.5668 None
09-01-2024 21.5394 None
08-01-2024 21.6363 None
05-01-2024 21.8618 None
04-01-2024 21.8643 None
03-01-2024 21.6 None
02-01-2024 21.6912 None
01-01-2024 21.804 None
29-12-2023 21.8349 None
28-12-2023 21.8824 None
27-12-2023 21.8133 None
26-12-2023 21.606 None
22-12-2023 21.5407 None
21-12-2023 21.6718 None
20-12-2023 21.545 None
19-12-2023 21.7821 None
18-12-2023 21.7928 None
15-12-2023 21.8793 None
14-12-2023 21.8097 None
13-12-2023 21.515 None
12-12-2023 21.5172 None
11-12-2023 21.5593 None
08-12-2023 21.5587 None
07-12-2023 21.3653 None
06-12-2023 21.3687 None
05-12-2023 21.3983 None
04-12-2023 21.2024 None
01-12-2023 20.5401 None
30-11-2023 20.3813 None
29-11-2023 20.3262 None
28-11-2023 20.0238 None
24-11-2023 19.9726 None
23-11-2023 19.9028 None
22-11-2023 19.8816 None
21-11-2023 19.9282 None
20-11-2023 19.8332 None
17-11-2023 19.8697 None
16-11-2023 20.0505 None
15-11-2023 20.041 None
13-11-2023 19.8576 None
10-11-2023 19.8844 None
09-11-2023 19.8042 None
08-11-2023 19.8235 None
07-11-2023 19.874 None
06-11-2023 19.8507 None
03-11-2023 19.6745 None
02-11-2023 19.5776 None
01-11-2023 19.4483 None
31-10-2023 19.5094 None
30-10-2023 19.5468 None
27-10-2023 19.433 None
26-10-2023 19.2225 None
25-10-2023 19.5288 None
23-10-2023 19.7125 None
20-10-2023 19.9173 None
19-10-2023 19.9214 None
18-10-2023 19.9997 None
17-10-2023 20.2599 None
16-10-2023 20.1292 None
13-10-2023 20.1424 None
12-10-2023 20.2628 None
11-10-2023 20.2466 None
10-10-2023 20.1503 None
09-10-2023 19.9063 None
06-10-2023 20.1336 None
05-10-2023 19.9918 None
04-10-2023 19.8898 None
03-10-2023 20.0479 None
29-09-2023 20.1268 None
28-09-2023 19.9891 None
27-09-2023 20.0891 None
26-09-2023 20.1148 None
25-09-2023 20.1604 None
22-09-2023 20.0492 None
21-09-2023 20.1325 None
20-09-2023 20.4268 None
18-09-2023 20.7354 None
15-09-2023 20.8607 None
14-09-2023 20.7357 None
13-09-2023 20.7139 None
12-09-2023 20.6298 None
11-09-2023 20.6314 None
08-09-2023 20.4617 None
07-09-2023 20.2816 None
06-09-2023 20.0768 None
05-09-2023 20.0725 None
04-09-2023 20.106 None
01-09-2023 20.0825 None
31-08-2023 19.9136 None
30-08-2023 20.0188 None
29-08-2023 20.1188 None
28-08-2023 20.0781 None
25-08-2023 19.9687 None
24-08-2023 20.0359 None
23-08-2023 20.0503 None
22-08-2023 19.8677 None
21-08-2023 19.8877 None
18-08-2023 19.7965 None
17-08-2023 19.8642 None
16-08-2023 19.9029 None
14-08-2023 19.9703 None
11-08-2023 20.035 None
10-08-2023 20.2094 None
09-08-2023 20.3647 None
08-08-2023 20.3728 None
07-08-2023 20.3072 None
04-08-2023 20.2729 None
03-08-2023 20.1138 None
02-08-2023 20.351 None
01-08-2023 20.6143 None
31-07-2023 20.6294 None
28-07-2023 20.5851 None
27-07-2023 20.6686 None
26-07-2023 20.8303 None
25-07-2023 20.8195 None
24-07-2023 20.7917 None
21-07-2023 20.8238 None
20-07-2023 20.8746 None
19-07-2023 20.6652 None
18-07-2023 20.5492 None
17-07-2023 20.588 None
14-07-2023 20.3347 None
13-07-2023 20.3055 None
12-07-2023 20.1858 None
11-07-2023 20.2339 None
10-07-2023 20.3228 None
07-07-2023 20.3529 None
06-07-2023 20.5364 None
05-07-2023 20.5123 None
04-07-2023 20.6813 None
03-07-2023 20.52 None
30-06-2023 20.3222 None
28-06-2023 20.1532 None
27-06-2023 20.0455 None
26-06-2023 19.7761 None
23-06-2023 19.7695 None
22-06-2023 19.8496 None
21-06-2023 19.8917 None
20-06-2023 19.7574 None
19-06-2023 19.6797 None
16-06-2023 19.7112 None
15-06-2023 19.4762 None
14-06-2023 19.6679 None
13-06-2023 19.7191 None
12-06-2023 19.6493 None
09-06-2023 19.6608 None
08-06-2023 19.6857 None
07-06-2023 19.7884 None
06-06-2023 19.7295 None
05-06-2023 19.688 None
02-06-2023 19.6173 None
01-06-2023 19.5714 None
31-05-2023 19.6957 None
30-05-2023 19.8312 None
29-05-2023 19.7574 None
26-05-2023 19.5944 None
25-05-2023 19.4624 None
24-05-2023 19.4662 None
23-05-2023 19.6221 None
22-05-2023 19.6105 None
19-05-2023 19.6449 None
18-05-2023 19.5881 None
17-05-2023 19.5254 None
16-05-2023 19.664 None
15-05-2023 19.7102 None
12-05-2023 19.6338 None
11-05-2023 19.5276 None
10-05-2023 19.4629 None
09-05-2023 19.4001 None
08-05-2023 19.4296 None
05-05-2023 19.1478 None
04-05-2023 19.6064 None
03-05-2023 19.3074 None
02-05-2023 19.3334 None
28-04-2023 19.2878 None
27-04-2023 19.2221 None
26-04-2023 19.1274 None
25-04-2023 19.086 None
24-04-2023 19.1174 None

Fund Launch Date: 30/Jul/2021
Fund Category: Other ETFs
Investment 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
Fund Description: An open-ended scheme replicating/tracking Nifty Financial Services Total Return Index
Fund Benchmark: Nifty Financial Services Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.