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 February 21, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 1,736 cr
Turnover Ratio 21.10%
Expense Ratio 0.58%
Exit Load 1.00%if redeemed within
1 Years
0.00%if redeemed after 1 Years
Returns
  • 1M: -0.15%
  • 1Y: 5.90%
  • 3M: -3.64%
  • 3Y: 13.91%
  • 6M: -4.77%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Gaurav Kochar (Since about 4 years)
ISIN INF769K01GX9
Fund Family Mirae Asset
P/E Ratio 13.96
P/B Ratio 1.99
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 3.56
Beta 0.96
R-Squared 87.87
Info Ratio 0.72
Tracking Err 5.15
Sortino 1.028
Sharpe 0.539
Std Dev 14.721
Risk Average
SECTOR WEIGHTINGS (%)
Financial 97.84%
Industrial 0.0%
Technology 2.16%
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
42.760 8.72% 2,324 cr 0.56% Above Average
139.410 8.40% 1,126 cr 0.87% High
101.787 4.48% 1,386 cr 0.85% Above Average
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
40.525 12.61% 6,556 cr 0.73% Low
131.870 11.54% 9,046 cr 1.05% Low
594.765 7.38% 6,226 cr 1.05% Average
101.787 4.48% 1,386 cr 0.85% Above Average


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