Mirae-Asset-Banking-and-Financial-Services-Fund-Regular-Growth
Fund Manager : Mr. Abhijith Vara | Benchmark : Nifty Financial Services Index (TRI) | Category : Equity: Sectoral-Banking and Financial Services
NAV as on 12-06-2026
AUM as on 31-05-2026
Rtn ( Since Inception )
14.26%
Inception Date
Dec 11, 2020
Expense Ratio
2.05%
Fund Status
Open Ended Scheme
Min. Investment (Rs)
5,000
Min. Topup (Rs)
1,000
Min. SIP Amount (Rs)
99
Risk Status
very high
Investment 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.
Returns (%)
| 1 Mon (%) | 3 Mon (%) | 6 Mon (%) | 1 Yr (%) | 3 Yrs (%) | 5 Yrs (%) | 10 Yrs (%) | |
|---|---|---|---|---|---|---|---|
| Fund | 3.05 | 0.96 | -4.77 | 2.03 | 13.42 | 12.28 | 0.0 |
| Benchmark - Nifty Financial Services TRI | 3.38 | 1.3 | -6.01 | -1.43 | 11.11 | 10.23 | 14.5 |
| Category - Equity: Sectoral-Banking and Financial Services | 2.68 | 3.63 | -3.21 | 1.74 | 12.74 | 11.54 | 12.81 |
| Rank within Category | 7 | 27 | 18 | 10 | 5 | 5 | |
| Number of Funds within Category | 30 | 29 | 25 | 22 | 15 | 12 |
Returns less than 1 year are in absolute and Returns greater than 1 year period are compounded annualised (CAGR)
Equity Holdings (Top 10)
| Sector | Allocation (%) |
|---|
Sector Allocation (%)
Asset Allocation
| Asset Class | Allocation (%) |
|---|---|
| Equity | 96.57 |
| Cash & Cash Equivalents | 3.42 |
Portfolio Behavior
| Mean | 13.4 |
| Sharpe Ratio | 0.5 |
| Alpha | 2.21 |
| Beta | 0.94 |
| Standard Deviation | 15.77 |
| Sortino | 0.77 |
| Portfolio Turnover | 0.38 |
Market Cap Distribution
Yearly Performance (%)
Standard Performance
Riskometer
SIP Returns (Monthly SIP of Rs. 10,000)
| 3 Year | 5 Year | 10 Year | 15 Year | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scheme Name | Invested Amt | Current Value | XIRR (%) | Invested Amt | Current Value | XIRR (%) | Invested Amt | Current Value | XIRR (%) | Invested Amt | Current Value | XIRR (%) |
| Mirae Asset Banking and Fin Services Reg Gr | 360,000 | 408,547 | 8.87 | 600,000 | 805,213 | 12.09 | ||||||
| Nifty Financial Services TRI | 360,000 | 402,298 | 7.77 | 600,000 | 764,908 | 9.96 | 1,200,000 | 2,285,676 | 12.56 | 1,800,000 | 5,605,234 | 14.02 |
| Equity: Sectoral-Banking and Financial Services | 360,000 | 407,066 | 8.57 | 600,000 | 793,160 | 11.43 | 1,200,000 | 2,244,177 | 12.13 | 1,800,000 | 5,408,024 | 13.54 |
The Risk Level of any of the schemes must always be commensurate with the risk profile, investment objective or financial goals of the investor concerned. Mutual Fund Distributors (MFDs) or Registered Investment Advisors (RIAs) should take the risk profile and investment needs of individual investors into consideration and make scheme(s) or asset allocation recommendations accordingly.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance may or may not be sustained in the future. Investors should always invest according to their risk appetite and consult with their mutual fund distributors or financial advisor before investing.
