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Fund Overview

Mirae Asset Banking&Financial Services Fund (G)

Get details information of scheme on investment, NAV, Performation.

Nav (₹)

18.67

Inception Date

11-12-2020

Category

Equity - Banking
Investment Objectives

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.

Risk O Meter
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Performance
Scheme Name 3 Months (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) 10 Years (%) Since Inception (%)
Mirae Asset Banking&Financial Services Fund (G) 7.13 15.50 21.19 16.81 NA NA 18.74
Value of 1,00,000 is now

Worth of investments in last

This Scheme

SIP

Benchmark (Nifty Financial Services TRI)

1Lakh investment Grown to 1.21 Lakh

10,000 investment Grown to 1.37 Lakh

1Lakh investment Grown to 1.16 Lakh

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Key Parameters
AUM(₹ Cr.) 1,823
Type OPEN ENDED
Entry Load Nil
Minimum investment(₹) 5000
Expense Ratio (%) 0
Benchmark Nifty Financial Services TRI
Fund Manager Gaurav Kochar
Exit 1.00%: If units Redeemed or Switched Out within 1 year (365 days) from the date of allotment. Nil after 1 year (365 Days).
Incrimental Invest(₹) 1000
NAV Movement
3M 6M 1Y 3Y 5Y
AUM Movement
3M 6M 1Y 3Y 5Y
Asset Allocation Pie chart
Top Company Holding (As on 30 06 24 )
Company Asset No.of shares Value (₹ in Cr)
HDFC Bank Equity 1943932 327.32
ICICI Bank Equity 2508935 300.97
St Bk of India Equity 1768610 150.15
Axis Bank Equity 1087069 137.54
Federal Bank Equity 5620976 99.63
INDIA SHELTE FIN Equity 1059322 75.38
LIC Housing Fin. Equity 706857 56.32
Bajaj Finance Equity 69000 49.10
Fusion Microfin. Equity 1066465 47.86
Shriram Finance Equity 162980 47.45
SBI Life Insuran Equity 300152 44.78
Kotak Mah. Bank Equity 233360 42.06
Sector Holding Pie Chart
Peer Comparison
Scheme Name AUM (₹ IN Cr.) 1 Years (%) 3 Years (%) 5 Years (%) Since Inception (%) Inception Date Sharpe Std.Dev
Mirae Asset Banking&Financial Services Fund 1,822.75 21.19 16.81 NA 18.74 11-Dec-2020 0.6701 4.42
Invesco India Financial Services Fund 908.63 35.83 18.45 17.51 16.99 14-Jul-2008 0.7565 4.38
SBI Banking & Financial Services Fund 5,861.16 29.41 16.26 16.24 15.02 26-Feb-2015 0.621 4.26
Sundaram Fin Serv Opportunities 1,386.75 28.75 20.29 18.45 15.19 10-Jun-2008 0.9087 4.30
Nippon India Banking&Financial Services 5,932.60 23.84 18.62 16.19 20.96 28-May-2003 0.7924 4.39
UTI-Banking and Financial Services Fund 1,140.83 22.84 15.61 12.73 14.97 07-Apr-2004 0.5828 4.45
Baroda BNP Paribas Banking&Financial Services Fund 146.77 22.74 15.03 12.71 12.59 22-Jun-2012 0.5605 4.44
Kotak Banking & Financial Services Fund 916.92 22.55 NA NA 27.97 27-Feb-2023 1.7264 3.51
HDFC Banking & Financial Services Fund 3,628.34 21.90 16.17 NA 15.38 30-Jun-2021 0.6182 4.37
ICICI Pru Banking & Financial Services Fund 7,671.24 20.29 13.78 13.85 16.90 22-Aug-2008 0.5271 4.02
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