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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

23.060 (-0.522%)
NAV on July 24, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 2,305 cr
Turnover Ratio 32.45%
Expense Ratio 0.51%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: -1.35%
  • 1Y: 2.98%
  • 3M: 0.82%
  • 3Y: 12.73%
  • 6M: -0.66%
  • 5Y: 14.23%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Abhijith Vara (Since 10 months)
ISIN INF769K01GW1
Fund Family Mirae Asset
P/E Ratio 18.91
P/B Ratio 2.29
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 3.99
Beta 0.96
R-Squared 88.61
Info Ratio 0.78
Tracking Err 5.41
Sortino 0.886
Sharpe 0.569
Std Dev 15.901
Risk Average
SECTOR WEIGHTINGS (%)
Financial 97.09%
Industrial 0.0%
Technology 2.91%
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
Quant
Quant BFSI Fund Direct Growth
21.751 17.29% 838 cr 1.89% High
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
176.570 5.31% 1,811 cr 0.71% Below Average
Sbi
SBI Banking & Financial Services Direct Growth
48.645 1.31% 10,845 cr 1.07% Low
Tata
Tata Banking & Financial Services Fund Direct Growth
51.171 0.20% 3,171 cr 0.48% Below Average
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Quant
Quant BFSI Fund Direct Growth
21.751 17.29% 838 cr 1.89% High
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
176.570 5.31% 1,811 cr 0.71% Below Average


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