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

Mirae Asset Banking and Financial Services Fund Regular Payout of Income Dis cum Cptl Wdrl

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previously known as Mirae Asset Banking & Fincl Svcs Reg DP until

NAV on July 24, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 2,305 cr
Turnover Ratio 32.45%
Expense Ratio 1.73%
Exit Load 1.00%if redeemed within
1 Months
0.00%if redeemed after 1 Months
Returns
  • 1M: -1.46%
  • 1Y: 1.55%
  • 3M: 0.47%
  • 3Y: 11.16%
  • 6M: -1.35%
  • 5Y: 12.60%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Abhijith Vara (Since 10 months)
ISIN INF769K01GT7
Fund Family Mirae Asset
P/E Ratio 18.91
P/B Ratio 2.29
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 2.57
Beta 0.96
R-Squared 88.63
Info Ratio 0.48
Tracking Err 5.40
Sortino 0.734
Sharpe 0.480
Std Dev 15.884
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 97.09%
Industrial 0.0%
Technology 2.91%
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.

View Factsheet

Top Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
21.751 17.29% 838 cr 1.89% High
176.570 5.31% 1,811 cr 0.71% Below Average
48.645 1.31% 10,845 cr 1.07% Low
51.171 0.20% 3,171 cr 0.48% Below Average
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
21.751 17.29% 838 cr 1.89% High
176.570 5.31% 1,811 cr 0.71% Below Average


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