- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Banking and Financial Services Fund (G)
Mirae Asset Banking and Financial Services Fund (G)
₹ 19.73
NAV (May 05)
View Less
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 | 2.08 % |
Launched 4Y ago | 2020-12-11 |
AUM in Crores | 1840.6 |
ISIN | INF769K01GU5 |
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 | 0.5 |
Fund Managers
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 | |
|---|---|---|
₹ 23,379 cr | ||
₹ 64,962 cr | ||
₹ 49,131 cr | ||
₹ 27,730 cr | ||
₹ 16,217 cr |
Mirae Asset Banking and Financial Services Fund (G) Review
Mirae Asset Banking and Financial Services Fund (G) is a Sectoral / Thematic Equity fund and has delivered an annualised return of 16.73% over 4 years. The fund has grown over a period of 4 years. The fund is managed by Mirae Asset Mutual Fund. The fund manager’s name is Gaurav Kochar.
Nav of Mirae Asset Banking and Financial Services Fund (G) as of 5/5/2025 is ₹19.73 with the total AUM as of 5/6/2025 is ₹1840.57. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Banking and Financial Services Fund (G) was launched on 2020-12-11. The category risk of the fund is Very High.
The minimum SIP amount for Mirae Asset Banking and Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mirae Asset Banking and Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Financial Services Total Return Index.
Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Banking and Financial Services Fund (G).