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Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl

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previously known as Mirae Asset Banking & Fincl Svcs Dir DR until

22.294 (0.126%)
NAV on July 14, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 2,085 cr
Turnover Ratio 21.10%
Expense Ratio 0.60%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 2.84%
  • 1Y: 12.08%
  • 3M: 12.99%
  • 3Y: 24.04%
  • 6M: 19.08%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Harshad Borawake (Since 30 days)
ISIN INF769K01GY7
Fund Family Mirae Asset
P/E Ratio 16.58
P/B Ratio 2.31
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 3.98
Beta 0.97
R-Squared 86.47
Info Ratio 0.79
Tracking Err 5.38
Sortino 2.818
Sharpe 1.223
Std Dev 14.544
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 99.31%
Industrial 0.0%
Technology 0.69%
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Tata
Tata Banking & Financial Services Fund Direct Growth
51.338 16.57% 2,958 cr 0.46% Above Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
165.790 14.03% 1,456 cr 0.87% Above Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
119.443 7.98% 1,605 cr 0.78% Average


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