- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Banking and Financial Services Fund Direct Growth
Mirae Asset Banking and Financial Services Fund Direct Plan Growth
₹ 21.15
NAV (May 05)
View Less
Mirae Asset Banking and Financial Services Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment4,38,380
Wealth Gained11,70,992
Total Corpus Created (₹)
With CAGR of 18.584 % in 5 yearsHistorical NAV
₹ 21.153
NAV (May 5)
Fund Returns
Last 1Y | 14.4% |
Last 3Y | 20.4% |
Last 5Y | - |
Last 10Y | - |
Since Inception | 18.6% |
6 Month CAGR | 5.7% |
Scheme Information
The scheme seeks 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.
Expense Ratio | 0.62 % |
Launched 4Y ago | 2020-12-11 |
AUM in Crores | 1840.6 |
ISIN | INF769K01GX9 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Financial Services Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 14.4 |
Beta | 0.9 |
Sharpe Ratio | 0.6 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Direct (G) | 12,31,178 | 4,98,566 | 20.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
HDFC Bank Ltd.
16.45%ICICI Bank Ltd.
16.28%State Bank of India
8.41%Axis Bank Ltd.
6.91%The Federal Bank Ltd.
5.84%
Allocation by Sector
Financial
88.77%Insurance
6.89%Services
3.21%Technology
0.79%
Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 49,131 cr | ||
₹ 93,440 cr | ||
₹ 64,962 cr | ||
₹ 16,217 cr | ||
₹ 27,730 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.9% | 6.7% | ||
20.1% | 22.7% | ||
11.7% | 12.3% | ||
17.7% | 24.2% | ||
23.2% | 18% |
Mirae Asset Banking and Financial Services Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment4,38,380
Wealth Gained11,70,992
Total Corpus Created (₹)
With CAGR of 18.584 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Mirae Asset Banking and Financial Services Fund Direct Plan Growth?
What is the current AUM of Mirae Asset Banking and Financial Services Fund Direct Growth?
What is the latest NAV of Mirae Asset Banking and Financial Services Fund Direct Growth?
What is the Riskometer rating for Mirae Asset Banking and Financial Services Fund Direct Plan Growth?
Which are the top sector holdings in Mirae Asset Banking and Financial Services Fund Direct Plan?
Which are the top stock holdings in Mirae Asset Banking and Financial Services Fund Direct Plan?
What is the asset allocation of Mirae Asset Banking and Financial Services Fund Direct Plan Growth?
What has been the performance of Mirae Asset Banking and Financial Services Fund Direct Growth returns?
Does Mirae Asset Banking and Financial Services Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Mirae Asset Banking and Financial Services Fund Direct Plan Growth?
How to invest in Mirae Asset Banking and Financial Services Fund Direct Growth?
How can I redeem my investment in Mirae Asset Banking and Financial Services Fund Direct Plan?