Mirae Asset Nifty Financial Services ETF (NSE:BFSI)
India · Delayed Price · Currency is INR | Assets | n/a |
| Expense Ratio | 0.12% |
| PE Ratio | 17.67 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -0.96% |
| Volume | 334,215 |
| Open | 24.03 |
| Previous Close | 24.77 |
| Day's Range | 24.03 - 24.94 |
| 52-Week Low | 23.38 |
| 52-Week High | 29.94 |
| Beta | 0.99 |
| Holdings | 22 |
| Inception Date | Jul 30, 2021 |
About BFSI
The Mirae Asset Nifty Financial Services ETF will be managed passively with investments in stocks in the same proportion as in the Nifty Financial Services Index. The investment strategy of the Scheme will be to invest in a basket of securities forming part of Nifty Financial Services Index in similar weight proportion. The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.
Performance
BFSI had a total return of -0.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.15%.
Top 10 Holdings
85.35% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Limited | HDFCBANK | 16.73% |
| ICICI Bank Limited | ICICIBANK | 14.07% |
| State Bank of India | SBIN | 12.24% |
| Axis Bank Limited | AXISBANK | 10.98% |
| Kotak Mahindra Bank Limited | KOTAKBANK | 9.23% |
| Bajaj Finance Limited | BAJFINANCE | 7.99% |
| Shriram Finance Limited | SHRIRAMFIN | 4.57% |
| Bajaj Finserv Ltd. | BAJAJFINSV | 3.44% |
| BSE Limited | BSE | 3.34% |
| SBI Life Insurance Company Limited | SBILIFE | 2.76% |