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Mirae Asset Banking and Financial Services Fund Regular Growth
Mirae Asset Banking and Financial Services Fund Regular Growth
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
Riskometer: Very High
Asset Class
Equity
Status
Open Ended Schemes
Fund Managers
Mr. Gaurav Kochar, Mr. Harshad Borawake
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.
Benchmark
Nifty Financial Services Index (TRI)
Expense Ratio
2.02% As on (31-10-2025)
Minimum Investment | Top up
5000.0 | 1000.0
Total Assets
2,130.33 Cr As on (31-10-2025)
Nav Movement
RETURNS CALCULATOR for Mirae Asset Banking and Financial Services Fund Regular Growth
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Performance and Risk Statistics of Mirae Asset Banking and Financial Services Fund Regular Growth
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular Growth | 14.7 | 0.86 | 2.67 | 0.98 | - | - |
| Equity: Sectoral-Banking and Financial Services | - | - | - | - | - | - |
Sectors
| Sector | Holdings (%) |
|---|---|
| Financial Services | 97.78 |
Portfolio Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 26.16 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 15.28 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 8.68 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 7.96 |
| Bajaj Finance Limited | 3.75 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 2.96 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 2.95 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.92 |
| TREPS | 2.38 |
| THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- | 2.36 |