Mirae Asset Banking and Financial Services Fund Regular Growth
Fund House: Mirae Asset Mutual Fund| Category: Equity: Sectoral-Banking and Financial Services |
| Launch Date: 11-12-2020 |
| Asset Class: Equity |
| Benchmark: Nifty Financial Services Index (TRI) |
| TER: 2.05% As on (31-05-2026) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 2,146.41 Cr As on 31-05-2026(Source:AMFI) |
| Turn over: 0.38% | Exit Load: Exit Load: 1% 1If redeemed within 1 year (365 Days) from the date of allotment, Nil- If redeemed after 365 days from the date of allotment. |
20.829
0.59 (2.8326%)
14.26%
Benchmark: -0.15%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 15.77 |
| Sharpe Ratio | 0.5 |
| Alpha | 2.21 |
| Beta | 0.94 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular Growth | 11-12-2020 | 2.03 | 7.99 | 13.42 | 12.28 | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
16.68%
Others
3.43%
Large Cap
62.02%
Mid Cap
17.87%
