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

Mirae Asset Banking and Financial Services Fund Direct Growth

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NAV on July 16, 2024
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 1,823 cr
Turnover Ratio 29.22%
Expense Ratio 0.57%
Exit Load 1.00%if redeemed within
1 Years
0.00%if redeemed after 1 Years
Returns
  • 1M: 5.25%
  • 1Y: 29.45%
  • 3M: 14.64%
  • 3Y: 18.57%
  • 6M: 14.21%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Gaurav Kochar (Since over 3 years)
ISIN INF769K01GX9
Fund Family Mirae Asset
P/E Ratio 15.34
P/B Ratio 2.49
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 5.40
Beta 0.92
R-Squared 88.94
Info Ratio 1.05
Tracking Err 5.23
Sortino 1.629
Sharpe 0.856
Std Dev 15.323
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 99.33%
Industrial 0.0%
Technology 0.67%
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
146.330 38.73% 909 cr 1.01% Below Average
110.904 36.21% 1,387 cr 0.76% Low
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
17.779 68.84% 618 cr 0.68% -
146.330 38.73% 909 cr 1.01% Below Average
110.904 36.21% 1,387 cr 0.76% Low
619.453 28.24% 5,933 cr 1.09% Average


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