Mirae Asset Banking&Financial Services Fund-DirGrowth
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.65 %
Expense Ratio
Rating
1,702
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
-
Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 22.9% | 17.6% | - | 18.3% | ||||
| Category Average | 10.1% | 12.3% | 12.5% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
4.83
Alpha
4.27
SD
0.9
Beta
0.62
Sharpe
Exit Load
| Exit Load | 1.00%: If units Redeemed or Switched Out within 1 year (365 days) from the date of allotment. Nil after 1 year (365 Days). |
|---|
Fund 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.
Fund Managers
Gaurav Kochar
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Sectoral / Thematic .
-
- 5,004
-
62%Fund Size - 5,004
-
38.7%Fund Size - 5,004
-
29.4%Fund Size - 5,004
-
- Equity .
- Sectoral / Thematic .
-
- 2,405
-
72.4%Fund Size - 2,405
-
36.7%Fund Size - 2,405
-
27.2%Fund Size - 2,405
-
- Equity .
- Sectoral / Thematic .
-
- 267
-
66.2%Fund Size - 267
-
34.5%Fund Size - 267
-
25.9%Fund Size - 267
-
- Equity .
- Sectoral / Thematic .
-
- 3,459
-
70.1%Fund Size - 3,459
-
30.1%Fund Size - 3,459
-
26%Fund Size - 3,459
-
- Equity .
- Sectoral / Thematic .
-
- 1,466
-
13.9%Fund Size - 1,466
-
20.4%Fund Size - 1,466
-
15.8%Fund Size - 1,466
AMC Contact Details
Mirae Asset Mutual Fund
AUM:
1,64,467 Cr
Address:
Unit 606,6th Flr,Windsor
Off. CST Road,Kalina,
Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com
More Funds from Mirae Asset Mutual Fund
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 38,060
-
21.2%Fund Size - 38,060
-
15%Fund Size - 38,060
-
15.9%Fund Size - 38,060
-
- Equity .
- Sectoral / Thematic .
-
- 3,351
-
34.4%Fund Size - 3,351
-
23.9%Fund Size - 3,351
-
22%Fund Size - 3,351
-
- Equity .
- Large & Mid Cap .
-
- 34,974
-
36.4%Fund Size - 34,974
-
18.9%Fund Size - 34,974
-
22.6%Fund Size - 34,974
-
- Equity .
- ELSS .
-
- 22,471
-
32.6%Fund Size - 22,471
-
18.7%Fund Size - 22,471
-
21.7%Fund Size - 22,471
-
- Equity .
- Sectoral / Thematic .
-
- 2,236
-
50.5%Fund Size - 2,236
-
15.4%Fund Size - 2,236
-
27.3%Fund Size - 2,236
Mutual Funds By Category
Equity
Debt
Hybrid
equity
Large Cap
Fund Name
Mid Cap
Fund Name
Small Cap
Fund Name
Multi Cap
Fund Name
ELSS
Fund Name
Dividend Yield
Fund Name
Sectoral / Thematic
Fund Name
Focused
Fund Name
debt
Ultra Short Duration
Fund Name
Liquid
Fund Name
Gilt
Fund Name
Long Duration
Fund Name
Overnight
Fund Name
Floater
Fund Name
hybrid
Arbitrage
Fund Name
Equity Savings
Fund Name
Aggressive Hybrid
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 1,930
-
37.3%Fund Size - 1,930
-
20.6%Fund Size - 1,930
-
20%Fund Size - 1,930
-
- Equity .
- Large Cap .
-
- 26,137
-
37.8%Fund Size - 26,137
-
25.3%Fund Size - 26,137
-
19.8%Fund Size - 26,137
-
- Equity .
- Large Cap .
-
- 12,830
-
27.5%Fund Size - 12,830
-
16.9%Fund Size - 12,830
-
19.6%Fund Size - 12,830
-
- Equity .
- Large Cap .
-
- 54,904
-
37.1%Fund Size - 54,904
-
21.5%Fund Size - 54,904
-
19.5%Fund Size - 54,904
-
- Equity .
- Large Cap .
-
- 874
-
31.5%Fund Size - 874
-
19.4%Fund Size - 874
-
18.9%Fund Size - 874
Frequently Asked Questions
How to invest in Mirae Asset Banking&Financial Services Fund-DirGrowth ?
You can invest in Mirae Asset Banking&Financial Services Fund-DirGrowth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for Mirae Asset Banking&Financial Services Fund-DirGrowth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of Mirae Asset Banking&Financial Services Fund-DirGrowth ?
The NAV of Mirae Asset Banking&Financial Services Fund-DirGrowth is ₹17.8 as of 14 May 2024.
How to redeem Mirae Asset Banking&Financial Services Fund-DirGrowth holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of Mirae Asset Banking&Financial Services Fund-DirGrowth?
The minimum SIP amount of Mirae Asset Banking&Financial Services Fund-DirGrowth is ₹500
What are the top sectors Mirae Asset Banking&Financial Services Fund-DirGrowth has invested in?
The top sectors Mirae Asset Banking&Financial Services Fund-DirGrowth has invested in are
- Banks - 65.99%
- Finance - 22.89%
- Insurance - 5.29%
- Capital Markets - 3.14%
- Debt - 2.34%
Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Banking&Financial Services Fund-DirGrowth?
Yes, You can select both SIP or Lumpsum investment of Mirae Asset Banking&Financial Services Fund-DirGrowth based on your investment objective and risk tolerance.
How much returns have Mirae Asset Banking&Financial Services Fund-DirGrowth generated ?
The Mirae Asset Banking&Financial Services Fund-DirGrowth has delivered 18.3% since inception
What is the expense ratio of Mirae Asset Banking&Financial Services Fund-DirGrowth ?
The expense ratio of Mirae Asset Banking&Financial Services Fund-DirGrowth is 0.65 % as of 14 May 2024.
What is the AUM of Mirae Asset Banking&Financial Services Fund-DirGrowth?
The AUM of Mirae Asset Banking&Financial Services Fund-DirGrowth is ₹1,64,467 Cr as of 14 May 2024
What are the top stock holdings of Mirae Asset Banking&Financial Services Fund-DirGrowth?
The top stock holdings of Mirae Asset Banking&Financial Services Fund-DirGrowth are
- HDFC Bank - 18.25%
- ICICI Bank - 17.83%
- St Bk of India - 9.21%
- Axis Bank - 7.79%
- Federal Bank - 6.08%
How can I redeem my investments in Mirae Asset Banking&Financial Services Fund-DirGrowth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Banking&Financial Services Fund-DirGrowth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Banking&Financial Services Fund-DirGrowth in Scheme, enter the redemption amount, and click on submit button.