Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Banking and Financial Services Fund Direct Growth
Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Banking and Financial Services Fund Direct Growth

Add To Compare

21.252 (0.122%)
NAV on May 14, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 1,947 cr
Turnover Ratio 21.10%
Expense Ratio 0.60%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 7.29%
  • 1Y: 18.97%
  • 3M: 14.58%
  • 3Y: 24.30%
  • 6M: 10.12%
  • 5Y: N/A
Min Investment 5,000
Buy Now Start SIP
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
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 3.11
Beta 0.97
R-Squared 87.28
Info Ratio 0.58
Tracking Err 5.42
Sortino 1.877
Sharpe 0.885
Std Dev 15.140
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%
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
48.577 21.49% 2,752 cr 0.50% Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
156.560 18.25% 1,308 cr 0.87% Above Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
115.177 15.06% 1,524 cr 0.85% Above Average


Other plans of Mirae Asset Banking and Fincl Svcs Fund


Other Equity funds by Mirae Asset

Data Partner
Click here to visit AMC website and
read all scheme related documents Mirae Asset Fund