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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

21.318 (-0.420%)
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: 7.89%
  • 1Y: 19.61%
  • 3M: 14.63%
  • 3Y: 20.70%
  • 6M: 8.17%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Gaurav Kochar (Since over 4 years)
ISIN INF769K01GW1
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 2.84
Beta 0.96
R-Squared 87.43
Info Ratio 0.52
Tracking Err 5.39
Sortino 1.483
Sharpe 0.716
Std Dev 15.149
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.

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
Tata
Tata Banking & Financial Services Fund Direct Growth
49.149 22.05% 2,548 cr 0.53% Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
157.230 19.09% 1,208 cr 0.87% High
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
116.550 16.82% 1,415 cr 0.85% Average


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