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Mirae Asset Banking and Financial Services Fund Regular IDCW

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NAV
₹ 20.141 ₹ 0.19 (0.96 %)
as on 23-05-2025
Asset Size (AUM)
1,946.52 Cr
Launch Date
Dec 11, 2020
Investment Objective
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.
Minimum Investment 5000.0
Minimum Top-up 1000.0
Investment Returns Since Launch in Dec 11, 2020
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17.04

%
3 M
6 M
1 Y
3 Y
10 Y
Inception
Sharp Ratio
0.57 %
Expense Ratio
2.04%
Volatility
14.7 %
Fund House
Mirae Asset Mutual Fund
Fund Manager
Gaurav Kochar
Key Features
Scheme description
Minimum Purchase Application Amount
Rs. 5000.0 (plus in multiples of Rs. 1000.0)

Entry Load
Not applicable
Exit Load
If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL.
Indicative Investment Horizon
5 Years and above
Asset Allocation
Fund's historical return comparison with other asset classes
Created with Highcharts 4.1.4AssetsCash & Cash EquivalentsEquity
Fund Performance
Fund's historical return comparison with other asset classes
Created with Highcharts 4.1.4FundFDGoldNifty
Fund₹ 11668
FD₹ 10600
Gold₹ 10800
Nifty₹ 12371
Performance

Scheme Performance (%)

Data as on - 23-05-2025
Created with Highcharts 4.1.4ReturnsMirae Asset Banking and Financial Services Fund Regular IDCWNiftyFinancialServices TRIEquity: Sectoral-Banking and Financial ServicesYTD1 Month3 Month6 Month1 Year3 Years5 Years10 YearsSince Launch-100102030

Yearly Performance (%)

Created with Highcharts 4.1.4ValuesMirae Asset Banking and Financial Services Fund Regular IDCWNiftyFinancialServices TRIEquity: Sectoral-Banking and Financial Services2016201720182019202020212022202320242025-20020406080
Investment Returns Calculator
Amount InvestedFund ValueProfitReturns
Fund120,000129,4259,42517.58
Benchmark120,000131,42511,42521.57
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Peer Comparison
Scheme Name Inception Date 1 Year Return % 2 Year Return % 3 Year Return % 5 Year Return % 10 Year Return %
Mirae Asset Banking and Financial Services Fund Regular IDCW 11-12-2020 16.68 19.77 21.95 0.0 0.0
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 24.89 0.0 0.0 0.0 0.0
WhiteOak Capital Banking & Financial Services Fund - Regular Growth 06-02-2024 19.96 0.0 0.0 0.0 0.0
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 19.55 18.88 20.29 28.04 13.65
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 18.66 20.34 22.94 25.23 0.0
Portfolio Analysis
Portfolio as on 30-04-2025
Sector Allocation
SectorAllocation (%)
Financial Services98.42
N/A1.58
Portfolio Holdings
CompanyHoldings (%)
HDFC BANK LIMITED EQ NEW FV RE. 1/-23.48
ICICI BANK LIMITED EQ NEW FV RS. 2/-17.48
AXIS BANK LIMITED EQ NE FV RS. 2/-8.37
STATE BANK OF INDIA EQ NEW RE. 1/-7.39
BAJAJ FINANCE LIMITED EQ NEW FV RS. 2/-3.74
SBI LIFE INSURANCE COMPANY LIMITED EQ2.88
DCB BANK LIMITED EQ2.39
KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/-2.3
THE FEDERAL BANK LIMITED EQ NEW FV RS.2/-2.02
AADHAR HOUSING FINANCE LIMITED EQ1.88
Shriram Finance Limited1.88
ADITYA BIRLA CAPITAL LIMITED EQ1.87
TREPS1.75
India Shelter Finance Corporation Limited1.58
BANK OF BARODA EQ NEW FV RS. 2/-1.55
MCX INDIA LIMITED EQ NEW RS. 10/-1.5
POWER FINANCE CORPORATION LTD. EQ1.47
THE KARUR VYSYA BANK LIMITED EQ NEW FV RS. 2/-1.41
LIC HOUSING FINANCE LIMITED EQ NEW F.V. RS.2/-1.4
L & T FINANCE HOLDINGS LIMITED EQ1.36
MAX FINANCIAL SERVICES LIMITED EQ NEW FV RS. 2/-1.32
GO DIGIT GENERAL INSURANCE LIMITED EQ1.26
GENERAL INSURANCE CORPORATION OF INDIA EQ1.26
EQUITAS SMALL FINANCE BANK LIMITED EQ1.25
UTKARSH SMALL FINANCE BANK LIMITED EQ1.11
INDUSIND BANK LIMITED EQ1.11
CARE RATINGS LIMITED EQ1.1
FINO PAYMENTS BANK LIMITED EQ1.01
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED EQ NEW FV RE. 1/-0.9
REC LIMITED EQ0.79
UNION BANK OF INDIA EQ0.7
KFIN TECHNOLOGIES LIMITED EQ0.66
Net Receivables / (Payables)-0.18
Sector Allocation
Created with Highcharts 4.1.4Others
Portfolio Holdings
Created with Highcharts 4.1.4HDFC BANK LIMITED EQ NEW FV RE. 1/-ICICI BANK LIMITED EQ NEW FV RS. 2/-AXIS BANK LIMITED EQ NE FV RS. 2/-STATE BANK OF INDIA EQ NEW RE. 1/-BAJAJ FINANCE LIMITED EQ NEW FV RS. 2/-SBI LIFE INSURANCE COMPANY LIMITED EQDCB BANK LIMITED EQKOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/-THE FEDERAL BANK LIMITED EQ NEW FV RS.2/-Others