What is the NAV of Mirae Asset Banking and Financial Services Fund?
The Current NAV of Mirae Asset Banking and Financial Services Fund is ₹21.76, as of 13th June 2025What are the returns of Mirae Asset Banking and Financial Services Fund?
The Mirae Asset Banking and Financial Services Fund has been there since 11th December 2020- 1 Year Returns: 14.75
- 3 Year Returns: 24.87
What are the top 5 sectors holdings of Mirae Asset Banking and Financial Services Fund?
The top sectors Mirae Asset Banking and Financial Services Fund has invested in are as for 11th 12 2020 are as follows -- Private Banks | 62.00%
- Specialized Finance | 10.38%
- Public Banks | 10.22%
- Insurance | 5.58%
- Home Financing | 3.96%
What are the top 5 holdings Mirae Asset Banking and Financial Services Fund?
The top 5 holdings for Mirae Asset Banking and Financial Services Fund are- HDFC Bank Ltd | 24.98%
- ICICI Bank Ltd | 17.25%
- Axis Bank Ltd | 8.21%
- State Bank of India | 7.92%
- Bajaj Finance Ltd | 3.87%
What is the asset allocation of Mirae Asset Banking and Financial Services Fund?
The Mirae Asset Banking and Financial Services Fund is a plan that invests- Equity | 99.20%
- Cash & Equivalents | 0.80%
How to invest in Mirae Asset Banking and Financial Services Fund?
If you wish to invest in Mirae Asset Banking and Financial Services Fund Plan via smallcase, you can follow these quick and easy steps -- Log in to smallcase
- Search and select the Mirae Asset Banking and Financial Services Fund
- Complete filling your details and KYC
- Enter the Amount and type of investment (SIP or Lumpsum)
- And Voila! your SIP or Lumpsump investment in Mirae Asset Banking and Financial Services Fund is completed
You can also calculate the returns on your investment based on our smallcase Lumpsum & SIP Calculator.
What is the AUM of Mirae Asset Banking and Financial Services Fund?
The AUM of Mirae Asset Banking and Financial Services Fund is 1946.52 Cr as of 13th June 2025What is the expense ratio of Mirae Asset Banking and Financial Services Fund Plan?
The expense ratio of Mirae Asset Banking and Financial Services Fund Plan is 0.61How to exit Mirae Asset Banking and Financial Services Fund?
If you have invested in Mirae Asset Banking and Financial Services Fund, then simply visit your investment and you will find an option to exit the funds or invest more. Please click on 'exit' and add the amount or units. In case you want to exit from all units, you can simply click on the checkbox option shown.What is the alpha of Mirae Asset Banking and Financial Services Fund?
The alpha ratio for the Mirae Asset Banking and Financial Services Fund is -0.69
Alpha is the excess return of a fund compared to its expected return based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.
What is the Volatility or Standard Deviation of Mirae Asset Banking and Financial Services Fund?
The volatility or standard deviation for the Mirae Asset Banking and Financial Services Fund is 15.75
Standard Deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.
What is the sharpe ratio of Mirae Asset Banking and Financial Services Fund?
The sharpe ratio for the Mirae Asset Banking and Financial Services Fund is 0.67
The Sharpe Ratio is a measure of risk-adjusted return that evaluates the performance of an investment, such as a mutual fund, by adjusting for its risk. Higher Sharpe Ratio, indicates a better risk-adjusted performance. A positive Sharpe Ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe Ratio suggests that the MF did not adequately compensate for the risk.
What is the Sortino ratio of Mirae Asset Banking and Financial Services Fund?
The Sortino ratio for the Mirae Asset Banking and Financial Services Fund is 0.07
The Sortino ratio is a measure of risk-adjusted return for an investment, such as a mutual fund.
What is the Price to Earnings (PE) of Mirae Asset Banking and Financial Services Fund?
The PE ratio (price-to-earnings) of the Mirae Asset Banking and Financial Services Fund is 24.25 while category PE ratio is 29.901. Test MF FAQ for Mutual Fund Mirae Asset Banking and Financial Services Fund Shares?
The Current NAV of Mirae Asset Banking and Financial Services Fund is ₹21.76, as of 13th June 20255. Test MF FAQ Is there any lock-in period for Mirae Asset Banking and Financial Services Fund Plan?
There is a lock in period of N/A for Mirae Asset Banking and Financial Services Fund
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Mirae Asset Banking and Financial Services Fund Direct Growth
Growth
21.760.69% (-0.15)
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Returns
0.00%
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3Y
5Y
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SIP
1M
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Mirae Asset Banking and Financial Services Fund Performance & Key Metrics
Mirae Asset Banking and Financial Services Fund Performance & Key Metrics
| Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.61 | 24.25 | 0.67 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 1.50 | 29.90 | 0.75 |
Mirae Asset Banking and Financial Services Fund Scheme InfoMirae Asset Banking and Financial Services Fund Scheme Info
| PlanPlan | Lock inLock in | Exit LoadExit Load |
|---|---|---|
| Growth | 0 yrs | 1.00% |
| SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark |
|---|
| Nifty Financial Services - TRI |
About Sector Funds - Banks & Financial Services
About Sector Funds - Banks & Financial Services
Sector Funds - Banks & Financial Services are equity schemes that majorly invest in financial sector companies. It will give exposure to entire financial sector which comprised a wide range of bank and financial services.
Mirae Asset Banking and Financial Services Fund Peers
What are peers and why compare against them?
What are peers and why compare against them?
A mutual fund’s peers are schemes which belong to the same category. Comparing various metrics against peers can give valuable insights on how the scheme is performing as compared to the scheme category as a whole.
Mirae Asset Banking and Financial Services Fund Peers & Comparison
Comparing 3 mutual funds from
EquitySector Funds - Banks & Financial Services
EquitySector Funds - Banks & Financial Services
Returns
Scheme
Ratios
| Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund | 14.75% | 24.87% | 18.83% |
| ICICI Pru Banking & Fin Serv Fund | 17.61% | 22.09% | 16.13% |
| SBI Banking & Financial Services Fund | 18.29% | 25.32% | 16.11% |
| Nippon India Banking & Financial Services Fund | 16.71% | 25.90% | 14.85% |
Mirae Asset Banking and Financial Services Fund Returns Comparison
Compare Mirae Asset Banking and Financial Services Fund with any MF, ETF, stock or indexCompare Mirae Asset Banking and Financial Services Fund with any MF, ETF, stock or index
Mirae Asset Banking and Financial Services Fund
Hmm, looks like data is unavailable here. Please come back after some timeMirae Asset Banking and Financial Services Fund Portfolio
What are constituents?
What are constituents?
Mutual fund constituents are the various stocks, bonds, and other securities held within a fund. The size and mix of holdings depend on the category or type of fund. The holding analysis can give valuable understanding regarding the diversification of the fund.
Mirae Asset Banking and Financial Services Fund Asset Allocation
Mirae Asset Banking and Financial Services Fund Asset Allocation
Actual
Target
Sep 2024
Nov 2024
Mar 2025
May 2025
Sep 2024
Nov 2024
Mar 2025
May 2025
Mirae Asset Banking and Financial Services Fund Sector Distribution
Mirae Asset Banking and Financial Services Fund Sector Distribution
Sep 2024
Nov 2024
Mar 2025
May 2025
Mirae Asset Banking and Financial Services Fund Sector Weightage
Mirae Asset Banking and Financial Services Fund Sector Weightage
Private Banks
Private Banks as a % of total holdings for last six quarters
Mirae Asset Banking and Financial Services Fund Current Holdings
Mirae Asset Banking and Financial Services Fund Current Holdings
Equity
Others
- ConstituentHolding Weight3M Change
Holdings
24.98 %
6.44 %Holdings
17.25 %
0.93 %Holdings
8.21 %
1.34 %
AMC Profile of Mirae Asset Banking and Financial Services Fund
AMC Profile of Mirae Asset Banking and Financial Services Fund
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
No.of Schemes
46
Total AUM
₹ 1,89,764.44 Cr.
Mirae Asset Banking and Financial Services Fund Manager Details
Mirae Asset Banking and Financial Services Fund Manager Details
Mirae Asset Banking and Financial Services Fund Manager Profile
Mirae Asset Banking and Financial Services Fund Manager Profile
Gaurav Kochar
AUM: ₹1,946.52 Cr.
|
Exp: —
Qualification
Data not available
Past Experience
Data not available
Funds Managed (2)
Equity (2)
13.09%
13.09%
23.02%
23.02%
2.05%
2.05%
14.75%
14.75%
24.87%
24.87%
0.61%
0.61%
Mirae Asset Banking and Financial Services Fund Manager Performance (0)
Mirae Asset Banking and Financial Services Fund Manager Performance (0)
Equity: Sector Funds - Banks & Financial Services
Mirae Asset Banking and Financial Services Fund Tax Implications
Mirae Asset Banking and Financial Services Fund Tax Implications
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Investment frequency
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CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.
Historical
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Mirae Asset Banking and Financial Services Fund Review & Opinions
Mirae Asset Banking and Financial Services Fund Review & Opinions
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Gains are treated as short-term capital gains and taxed at 20%
Gains are treated as long-term capital gains and taxed at 12.5%