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 on May 30, 2023
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 1,320 cr
Turnover Ratio 6.92%
Expense Ratio 0.55%
Exit Load 1.00%if redeemed within
1 Years
0.00%if redeemed after 1 Years
Returns
  • 1M: 4.59%
  • 1Y: 24.08%
  • 3M: 10.73%
  • 3Y: N/A
  • 6M: 3.87%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Gaurav Kochar (Since over 2 years)
ISIN INF769K01GW1
Fund Family Mirae Asset
P/E Ratio 15.58
P/B Ratio 2.21
Launch Date December 11, 2020
Benchmark IISL Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty Financial Services TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -
Sharpe -
Std Dev -
Risk -
SECTOR WEIGHTINGS (%)
Financial 98.88%
Industrial 0.0%
Technology 1.12%
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
77.072 27.25% 659 cr 0.97% Below Average
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
17.876 28.33% 141 cr 1.54% Below Average
33.522 27.72% 1,363 cr 0.57% Low
77.072 27.25% 659 cr 0.97% Below Average
460.787 26.40% 3,982 cr 1.2% Average
14.793 24.13% 1,320 cr 0.55% -
47.470 23.20% 2,524 cr 1.09% Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
12.423 25.99% 2,632 cr 0.41% -


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