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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

22.875 (-0.703%)
NAV on October 31, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 2,014 cr
Turnover Ratio 32.45%
Expense Ratio 0.57%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 5.48%
  • 1Y: 14.75%
  • 3M: 3.93%
  • 3Y: 18.99%
  • 6M: 8.78%
  • 5Y: N/A
Min Investment 5,000
Buy Now Start SIP
Amount
invested 10,000

0%

higher returns
with Direct Plan
ADDITIONAL INFO
Fund Manager Abhijith Vara (Since about 1 month)
ISIN INF769K01GW1
Fund Family Mirae Asset
P/E Ratio 16.23
P/B Ratio 2.21
Launch Date December 11, 2020
Benchmark Nifty Financial Services TR INR
ASSET ALLOCATION
  • Equity
    99.07%
  • Debt
    0.93%
EQUITY DISTRIBUTION
Historical Performance GiantLargeMediumSmallMicro 66.14%19.15%9.38%4.26%1.08%
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 4.06
Beta 0.97
R-Squared 82.62
Info Ratio 0.80
Tracking Err 5.40
Sortino 1.835
Sharpe 0.911
Std Dev 12.934
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 99.44%
Industrial 0.0%
Technology 0.56%
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
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sbi
SBI Banking & Financial Services Direct Growth
49.592 16.57% 8,693 cr 0.77% Low
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
169.390 11.53% 1,422 cr 0.83% Above Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
120.173 9.73% 1,514 cr 0.78% High


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