Item: Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl

22.962 (0.781%)

NAV on September 16, 2026

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 2,357 cr

Turnover Ratio 38.08%

Expense Ratio 0.54%

Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months

Returns

Min Investment 5,000

Buy Now Start SIP

Fund Manager Abhijith Vara (Since 12 months)

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

vs Nifty Financial Services TR INR

Alpha 3.20

Beta 0.96

R-Squared 89.16

Info Ratio 0.63

Tracking Err 5.19

Sortino 0.865

Sharpe 0.559

Std Dev 15.621

Risk Below Average

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%

Top Sector Financial Services Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth	₹ 21.366	15.51%	₹ 922 cr	1.89%	High
Invesco India Financial Services Fund Direct Plan Growth	₹ 173.610	6.25%	₹ 1,896 cr	0.70%	Below Average
SBI Banking & Financial Services Direct Growth	₹ 47.975	0.30%	₹ 10,873 cr	1.16%	Low