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Mirae Asset Banking and Financial Services Fund-Reg(G)

very highequitybanks & financial services
18.23 -0.41(-2.18%) NAV as on 06 Jan 2025
-5.45 % 1 M
9.18 % 1 Y
12.98 % 3 Y

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
  • 10Y
  • max

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.

SCHEME DETAILS

expense_ration-icon Expenses Ratio :

2.05

As on 30 Nov, 2024
age-icon Age :

4 yrs 0 m

Since 11 12 ,2020
exit_load Exit Load :

1%

aum AUM :

1,857.40 Crs

lock_in Lock-in :

1% on or before 1Y, Nil after 1Y

investing_style Investing Style :

Large Growth

Portfolio_book_value Portfolio Price To Book Value :

3.22

Min_Investment Min. Investment :

SIP 99 & Lumpsum 5000

Scheme_benchmark Scheme Benchmark :

BSE SENSEX - TRI

Fund_manager Fund Manager :

Gaurav Kochar

LATEST ASSET & PORTFOLIO ALLOCATION

as on Nov 30 ,2024
Others 0.57 %
Equity 99.43 %

TOP HOLDINGS

HDFC Bank Ltd.17.40 %
ICICI Bank Ltd.16.86 %
State Bank Of India8.44 %
Axis Bank Ltd.6.65 %
The Federal Bank Ltd.5.69 %
See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Bank - Private54.89
Finance - NBFC10.07
Bank - Public8.44
Finance - Housing6.61
Insurance6.60
See All Sectors

5-YEARS HISTORY

Financial Year2020-20212021-20222022-20232023-20242024-2025
NAV in Rs (as on 03-Jan-2025)11.0012.0812.9016.3818.64
Net Assets(Rs Crores) (as on 03-Jan-2025) 514.70 993.03 1232.09 1593.76 1857.40
Scheme Returns(%)(Absolute)10.018.564.7526.1612.06
B'mark Returns(%)(Absolute)NANANANANA
Category Rank65/7555/7535/7659/9057/98

RISKOMETER Level of Risk in the Scheme

Investors understand that their principal will be at very high risk

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Mirae Asset Banking and Financial Services Fund-Reg(G)Very HighEquity18.23-0.41(-2.18%)NAV As on 06 Jan, 202511-Dec-2020Inception Date1,857.40AUM In Cr.9.18%1Y12.98%3YNA%5Y15.88%Since Inception
Invesco India Financial Services Fund(G)Very HighEquity125.04-2.87(-2.24%)NAV As on 06 Jan, 202514-Jul-2008Inception Date1,110.36AUM In Cr.16.07%1Y17.08%3Y14.95%5Y16.55%Since Inception
Nippon India Banking & Financial Services Fund(G)Very HighEquity559.35-9.94(-1.75%)NAV As on 06 Jan, 202526-May-2003Inception Date6,307.03AUM In Cr.8.20%1Y16.15%3Y14.32%5Y20.44%Since Inception
SBI Banking & Financial Services Fund-Reg(G)Very HighEquity37.48-0.88(-2.30%)NAV As on 06 Jan, 202526-Feb-2015Inception Date6,548.41AUM In Cr.16.45%1Y15.01%3Y13.82%5Y14.33%Since Inception
Tata Banking & Financial Services Fund-Reg(G)Very HighEquity38.06-0.88(-2.26%)NAV As on 06 Jan, 202528-Dec-2015Inception Date2,378.01AUM In Cr.6.71%1Y13.83%3Y12.54%5Y15.95%Since Inception
ATTENTION INVESTORS NSDL/CDSL KYC Advisory for investors
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.    
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.