Mirae Asset Banking&Financial Services Fund

Equity | Sectoral / Thematic Mutual Funds
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹5,000 0.62 % 0★ ₹1,223 2 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹5,000 0.62 %
Min SIP Min Lumpsum Expense Ratio
0★ ₹1,223 Cr 2 Years
Rating Fund Size Fund Age

Scheme 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.

Scheme Performance

Returns and Ranks ( as on 29 November 2022 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns 13.7% - - 19.2%
Category Average 10.0% 11.2% 13.5% -

Scheme Allocation

Holding
Sector
Asset
HDFC Bank
19.35%
ICICI Bank
19.24%
Axis Bank
10.95%
St Bk of India
9.78%
H D F C
6.53%
Others
34.15%
Banks
69.31%
Finance
21.07%
Insurance
7.08%
Debt
1.02%
Others
0.09%
Others
1.43%
Equity
98.88%
Reverse Repos
1.02%
Derivatives
0.09%
Net Curr Ass/Net Receivables
0.01%
Others
0%

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Banking&Financial Services Fund

Fund Manager
Gaurav Kochar

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).

Advance Ratio

0 1.3 1.05 -0
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,10,974 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

Frequently Asked Questions

You can invest in Mirae Asset Banking&Financial Services Fund 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 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"
The Mirae Asset Banking&Financial Services Fund has delivered 19.2% since inception
The NAV of Mirae Asset Banking&Financial Services Fund is ₹14.1 as of 29 November 2022.
The expense ratio of Mirae Asset Banking&Financial Services Fund is 0.62 % as of 29 November 2022.
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”.
Invest Now