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Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl
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: ₹22.435 (1.291%)
NAV on October 13, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹2,196 cr
Turnover Ratio 38.08%
Expense Ratio 0.72%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: Negative return: -3.29%
  • 1Y: Positive return: 0.15%
  • 3M: Negative return: -5.74%
  • 3Y: Positive return: 11.66%
  • 6M: Negative return: -0.81%
  • 5Y: Positive return: 11.29%
Min Investment ₹5,000
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ADDITIONAL INFO
Fund Manager Abhijith Vara (Since about 1 year)
ISIN INF769K01GW1
Fund Family Mirae Asset
P/E Ratio 19.14
P/B Ratio 2.31
Launch Date December 11, 2020
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 96.0%
  • Debt: 4.0%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 2.64
Beta 0.97
R-Squared 89.86
Info Ratio 0.52
Tracking Err 5.22
Sortino 0.539
Sharpe 0.363
Std Dev 16.340
Risk Average
SECTOR WEIGHTINGS (%)
Financial 95.51%
Industrial 0.0%
Technology 4.49%
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

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