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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

21.838 (0.465%)
NAV on September 12, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 2,042 cr
Turnover Ratio 32.45%
Expense Ratio 0.60%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 0.77%
  • 1Y: 9.43%
  • 3M: 0.04%
  • 3Y: 17.36%
  • 6M: 17.50%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Harshad Borawake (Since 3 months)
ISIN INF769K01GY7
Fund Family Mirae Asset
P/E Ratio 16.59
P/B Ratio 2.24
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 3.71
Beta 0.98
R-Squared 83.94
Info Ratio 0.73
Tracking Err 5.39
Sortino 1.459
Sharpe 0.751
Std Dev 13.440
Risk High
SECTOR WEIGHTINGS (%)
Financial 99.42%
Industrial 0.0%
Technology 0.58%
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
Sbi
SBI Banking & Financial Services Direct Growth
47.503 12.72% 8,371 cr 0.77% Low
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
162.360 7.68% 1,392 cr 0.83% Above Average
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sbi
SBI Banking & Financial Services Direct Growth
47.503 12.72% 8,371 cr 0.77% Low
Tata
Tata Banking & Financial Services Fund Direct Growth
49.485 8.46% 2,819 cr 0.47% Above Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
162.360 7.68% 1,392 cr 0.83% Above Average
Quant
Quant BFSI Fund Direct Growth
18.247 2.59% 625 cr 0.78% -


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