Item: Mirae Asset Banking and Financial Services Fund Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Banking and Financial Services Fund Direct Growth

21.401 (-0.419%)

NAV on April 23, 2025

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 1,841 cr

Turnover Ratio 21.10%

Expense Ratio 0.70%

Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years

Returns

1M: 7.90%
1Y: 19.67%
3M: 14.64%
3Y: 20.76%
6M: 8.20%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Gaurav Kochar (Since over 4 years)

ISIN INF769K01GX9

Fund Family Mirae Asset

P/E Ratio 13.28

P/B Ratio 1.90

Launch Date December 11, 2020

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha 2.88

Beta 0.96

R-Squared 87.43

Info Ratio 0.53

Tracking Err 5.40

Sortino 1.491

Sharpe 0.720

Std Dev 15.146

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 98.03%

Industrial 0.0%

Technology 1.97%

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%

Top Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Tata Banking & Financial Services Fund Direct Growth	49.149	22.05%	2,548 cr	0.53%	Average
Invesco India Financial Services Fund Direct Plan Growth	157.230	19.09%	1,208 cr	0.87%	High
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	116.550	16.82%	1,415 cr	0.85%	Average