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

NAV on March 12, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 1,681 cr
Turnover Ratio 21.10%
Expense Ratio 0.62%
Exit Load 1.00%if redeemed within
1 Years
0.00%if redeemed after 1 Years
Returns
  • 1M: -0.39%
  • 1Y: 7.67%
  • 3M: -9.10%
  • 3Y: 16.72%
  • 6M: -6.87%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Gaurav Kochar (Since over 4 years)
ISIN INF769K01GW1
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 2.86
Beta 0.96
R-Squared 86.20
Info Ratio 0.53
Tracking Err 5.40
Sortino 1.158
Sharpe 0.586
Std Dev 14.451
Risk Above 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.

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
42.493 9.51% 2,285 cr 0.57% Average
136.620 8.13% 1,094 cr 0.87% High
100.872 3.18% 1,325 cr 0.85% Above Average
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
40.271 11.37% 6,475 cr 0.9% Low
42.493 9.51% 2,285 cr 0.57% Average
185.520 8.27% 1,107 cr 1.2% Average
136.620 8.13% 1,094 cr 0.87% High
100.872 3.18% 1,325 cr 0.85% Above Average


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