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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: ₹23.565 (0.383%)
NAV on September 04, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹2,306 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
  • 1M: Negative return: -0.26%
  • 1Y: Positive return: 10.04%
  • 3M: Positive return: 7.81%
  • 3Y: Positive return: 13.86%
  • 6M: Positive return: 1.36%
  • 5Y: Positive return: 13.16%
Min Investment ₹5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Abhijith Vara (Since 12 months)
ISIN INF769K01GW1
Fund Family Mirae Asset
P/E Ratio 18.23
P/B Ratio 2.23
Launch Date December 11, 2020
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 98.2%
  • Debt: 1.8%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
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
SECTOR WEIGHTINGS (%)
Financial 96.73%
Industrial 0.0%
Technology 3.27%
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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