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

Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl

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previously known as Mirae Asset Banking & Fincl Svcs Dir DP until

23.692 (-1.090%)
NAV on March 02, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 2,234 cr
Turnover Ratio 32.45%
Expense Ratio 0.56%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 1.75%
  • 1Y: 29.53%
  • 3M: 0.63%
  • 3Y: 21.06%
  • 6M: 11.43%
  • 5Y: 15.74%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Abhijith Vara (Since 5 months)
ISIN INF769K01GW1
Fund Family Mirae Asset
P/E Ratio 18.01
P/B Ratio 2.27
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 4.44
Beta 0.97
R-Squared 80.49
Info Ratio 0.87
Tracking Err 5.46
Sortino 2.465
Sharpe 1.137
Std Dev 12.324
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 97.64%
Industrial 0.0%
Technology 2.36%
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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet
Top Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Sbi
SBI Banking & Financial Services Direct Growth
51.375 28.73% 10,415 cr 0.72% Low
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
173.970 27.82% 1,628 cr 0.79% Above Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
123.512 22.91% 1,676 cr 0.76% Above Average
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sbi
SBI Banking & Financial Services Direct Growth
51.375 28.73% 10,415 cr 0.72% Low
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
173.970 27.82% 1,628 cr 0.79% Above Average


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