Mirae Asset Banking and Financial Services Fund Regular IDCW
Fund House: Mirae Asset Mutual Fund
Category: Equity: Sectoral-Banking and Financial Services
Status: Open Ended Schemes
Launch Date: 11-12-2020
Minimum Investment: 5000.0
Asset Class: Equity
Minimum Topup: 1000.0
Benchmark: NiftyFinancialServices TRI
Total Assets: 1998.25 As on (30-05-2025)
Expense Ratio: 2.05% As on (31-05-2025)
Turn over: 81.00% | Exit Load: If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL.
NAV as on 11-06-2025
20.631
-0.071
CAGR Since Inception
17.46%
NiftyFinancialServices TRI 17.84%
PERFORMANCE
| Scheme Performance (%) | 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) |
|---|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular IDCW | 16.43 | 22.45 | - | - | 17.46 |
| NiftyFinancialServices TRI | 22.01 | 20.21 | 22.11 | 14.99 | 17.84 |
| Equity: Sectoral-Banking and Financial Services | 16.32 | 22.06 | 24.18 | 13.52 | 16.67 |
Funds Manager
Gaurav Kochar
RETURNS CALCULATORS for Mirae Asset Banking and Financial Services Fund Regular IDCW
Growth of 10000 In SIP (Fund vs Benchmark)
Amount
Period
Start
End
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Amount
Start
PORTFOLIO ANALYSIS of Mirae Asset Banking and Financial Services Fund Regular IDCW
Portfolio Holdings
Sector Allocation
PEER COMPARISION of Mirae Asset Banking and Financial Services Fund Regular IDCW
| Scheme Name | Inception Date | 1 Year Rtn (%) | 2 Year Rtn (%) | 3 Year Rtn (%) | 5 Year Rtn (%) | 10 Year Rtn (%) |
|---|---|---|---|---|---|---|
| Mirae Asset Banking and Fin Services Reg IDCW | 11-12-2020 | 16.43 | 20.15 | 22.45 | 0.0 | 0.0 |
| DSP Banking & Financial Services Reg Gr | 15-12-2023 | 25.84 | 0.0 | 0.0 | 0.0 | 0.0 |
| WhiteOak Capital Banking & Financial Services Reg Gr | 06-02-2024 | 21.14 | 0.0 | 0.0 | 0.0 | 0.0 |
| SBI Banking and Fin Services Reg Gr | 01-02-2015 | 19.97 | 25.09 | 23.04 | 24.59 | 16.71 |
| Invesco India Fin Services Retail Gr | 14-07-2008 | 19.54 | 25.8 | 26.28 | 25.19 | 15.43 |
| Baroda BNP Paribas Banking and Fin Services Plan A Gr | 22-06-2012 | 19.25 | 22.07 | 22.05 | 22.65 | 12.28 |
| ICICI Pru Banking and Fin Services Gr | 05-08-2008 | 19.2 | 18.99 | 20.38 | 24.72 | 14.34 |
| Tata Banking And Fin Services Reg Gr | 18-12-2015 | 19.01 | 20.6 | 23.84 | 22.78 | 0.0 |
| Nippon India Banking and Financial Services Fund Gr Gr | 01-05-2003 | 18.65 | 21.47 | 24.13 | 29.24 | 14.18 |
| Bandhan Financial Services Fund Reg Gr | 28-07-2023 | 18.04 | 0.0 | 0.0 | 0.0 | 0.0 |
Asset Allocation (%)
Key Performance and Risk Statistics of Mirae Asset Banking and Financial Services Fund Regular IDCW
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular IDCW | 14.7 | 0.57 | 1.86 | 0.87 | - | - |
| Equity: Sectoral-Banking and Financial Services | - | - | - | - | - | - |