Mirae Asset Banking and Financial Services Fund - Growth - Direct Plan

Other Plans and Options

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation from a portfoliothat is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
BSE SENSEX - TRI -2.81 -8.98 2.04 11.48 17.13 13.26
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth Jan 01, 2013 8.63 15.80 15.65 1.05 8,843.33
SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH Feb 26, 2015 9.66 18.59 16.20 0.73 6,474.88
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 4.76 18.34 18.60 1.05 6,129.15
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth Dec 14, 2013 3.72 15.34 15.50 1.09 3,010.61
Tata Banking And Financial Services Fund-Direct Plan-Growth Dec 28, 2015 8.06 18.36 16.18 0.56 2,284.89

Fund Holdings as on 28-February-2025

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Axis Bank Limited

  • Bajaj Finance Limited

  • India Shelter Finance Corporation Limited

  • The Federal Bank Limited

  • Kotak Mahindra Bank Limited

  • SBI Life Insurance Company Limited

  • Shriram Finance Limited

  • General Insurance Corporation of India

  • LIC Housing Finance Limited

  • L&T Finance Limited

  • DCB Bank Limited

  • Bank of Baroda

  • Cholamandalam Financial Holdings Limited

  • Go Digit General Insurance Limited

  • CARE Ratings Limited

  • Power Finance Corporation Limited

  • Max Financial Services Limited

  • Multi Commodity Exchange of India Limited

  • IIFL Finance Limited

  • Utkarsh Small Finance Bank Ltd

  • Union Bank of India

  • KFin Technologies Limited

  • TREPS

  • Zaggle Prepaid Ocean Services Limited

  • REC Limited

  • Computer Age Management Services Limited

  • Net Receivables / (Payables)

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Finance - Housing

  • Insurance

  • Finance - Investment

  • Finance Term Lending

  • Ratings

  • Finance - Others

  • Finance - Stock Broking

  • Depository Services

  • Fintech

  • Miscellaneous

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  • Cash

  • Equity

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About Mirae Asset Banking and Financial Services Fund

Scheme Analysis

Mirae Asset Banking and Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to Mirae Asset Mutual Fund. It was launched on 11-Dec-2020 and currently has an AUM of ₹1,681.43 crore. Mirae Asset Banking and Financial Services Fund is benchmarked against BSE SENSEX - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of Mirae Asset Banking and Financial Services Fund ended up ₹0.09(0.49%)yesterday to ₹18.638.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, and

The Mirae Asset Banking and Financial Services Fund is managed by Gaurav Kochar .

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940