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Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Banking and Financial Services Fund Direct Growth

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22.627 (0.484%)
NAV on June 27, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 1,998 cr
Turnover Ratio 21.10%
Expense Ratio 0.61%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 5.06%
  • 1Y: 14.46%
  • 3M: 12.84%
  • 3Y: 25.77%
  • 6M: 13.90%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Harshad Borawake (Since 12 days)
ISIN INF769K01GX9
Fund Family Mirae Asset
P/E Ratio 15.96
P/B Ratio 2.21
Launch Date December 11, 2020
Benchmark Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 3.95
Beta 0.96
R-Squared 87.42
Info Ratio 0.76
Tracking Err 5.36
Sortino 2.104
Sharpe 0.985
Std Dev 15.015
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 99.42%
Industrial 0.0%
Technology 0.58%
Basic Materials 0.0%
Consumer Cyclical 0.0%
Utilities Services 0.0%
Healthcare Services 0.00%
Energy Services 0.00%
Communication Services 0.00%
Consumer Defensive 0.00%
Real Estate 0.00%
INVESTMENT OBJECTIVE

The investment objective of the scheme is 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. The Scheme does not guarantee or assure any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet
Top Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Tata
Tata Banking & Financial Services Fund Direct Growth
51.894 18.27% 2,797 cr 0.47% Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
168.940 18.16% 1,372 cr 0.87% Above Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
120.739 9.94% 1,548 cr 0.78% Above Average


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