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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

23.555 (0.431%)
NAV on December 12, 2025
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 2,130 cr
Turnover Ratio 32.45%
Expense Ratio 0.55%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 1.79%
  • 1Y: 15.21%
  • 3M: 7.86%
  • 3Y: 18.14%
  • 6M: 7.90%
  • 5Y: 18.69%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Abhijith Vara (Since 3 months)
ISIN INF769K01GY7
Fund Family Mirae Asset
P/E Ratio 17.82
P/B Ratio 2.41
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 4.36
Beta 0.98
R-Squared 82.35
Info Ratio 0.87
Tracking Err 5.43
Sortino 1.807
Sharpe 0.900
Std Dev 12.889
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 97.94%
Industrial 0.0%
Technology 2.06%
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
51.206 15.99% 9,813 cr 0.76% Below Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
123.035 10.53% 1,666 cr 0.77% Above Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
173.920 9.73% 1,589 cr 0.83% Above Average


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