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: NiftyFinancialServices TRI
TER: 2.04% As on (30-04-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 1,946.52 Cr As on 30-04-2025(Source:AMFI)
Turn over: 38% | Exit Load: If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL.

20.011

16.96%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NiftyFinancialServices TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
4 Years 4 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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.

Current Asset Allocation (%)

Indicators

Standard Deviation 15.16
Sharpe Ratio 0.81
Alpha 1.26
Beta 0.97
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 18.42 19.58 22.78 - -
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 27.22 - - - -
WhiteOak Capital Banking & Financial Services Fund - Regular Growth 06-02-2024 21.71 - - - -
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 21.26 18.58 21.18 25.83 13.72
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 20.56 20.35 23.97 23.79 -
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 19.84 23.16 23.33 25.34 15.72
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 19.41 21.11 22.6 23.31 11.49
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 19.39 19.59 22.3 25.53 11.09
BANDHAN FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH 28-07-2023 18.93 - - - -
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 18.73 21.13 24.36 30.57 13.36

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

16.05%

Others

1.57%

Large Cap

71.33%

Mid Cap

11.04%

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