NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹28.71
0.46%
NAV as on 04 Feb 26, 12:00 AM
risk
etf units
equity
NAV as on 04 Feb 26, 12:00 AM
risk
etf units
equity
18.66%p.a.
Last 1Y
15.60%p.a.
Last 3Y
0.00%p.a.
Last 5Y
13.08%p.a.
Since Inception
About Mirae Asset Nifty Financial Services ETF - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Nifty Financial Services ETF - Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a ETF Units mutual fund scheme that predominantly invests in ETF Units stocks of companies. Launched on Jul 2021, Mirae Asset Nifty Financial Services ETF - Growth is ETF Units fund of its category with 481.66 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category ETF Units funds.
- Mirae Asset Nifty Financial Services ETF - Growth delivered 18.7% annual returns during the last year. It has delivered 13.1% average annual returns since the fund was launched.
- Mirae Asset Nifty Financial Services ETF - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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.
Top 10 Holdings
Axis Bank Ltd
10.16%
Bajaj Finance Ltd
7.99%
Bajaj Finserv Ltd
3.56%
Cholamandalam Investment & Finance Company Ltd
2.20%
HDFC Bank Ltd
18.86%
Repo
0.52%
Net Payables
-0.53%
ICICI Bank Ltd
13.83%
Kotak Mahindra Bank Ltd
9.87%
LIC Housing Finance Ltd
0.59%
Fund Managers
- Ekta Gala (Jul 2021 - Present)
- Ritesh Patel (Mar 2025 - Present)
Key Information
View Scheme Document
Mirae Asset Nifty Financial Services ETF - Growth SIP Calculator
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NRI Mutual Fund Tax on Mirae Asset Nifty Financial Services ETF - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset Nifty Financial Services ETF - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Nifty Financial Services ETF - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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