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: 2.05% As on (31-05-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 1,998.25 Cr As on 30-05-2025(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.

21.063

17.81%

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 15.04
Sharpe Ratio 0.93
Alpha 2.19
Beta 0.96
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 12.81 20.25 23.88 - -
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 20.97 - - - -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 16.62 26.29 28.23 24.44 14.97
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 16.56 20.78 25.83 22.36 -
WhiteOak Capital Banking & Financial Services Fund - Regular Growth 06-02-2024 16.54 - - - -
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 16.31 25.13 24.85 23.66 16.18
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 15.89 22.32 23.47 21.86 11.83
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 15.26 21.48 25.82 27.72 13.76
Helios Financial Services Fund - Regular Plan - Growth Option 13-06-2024 14.94 - - - -
BANDHAN FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH 28-07-2023 14.84 - - - -

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

16.49%

Others

0.8%

Large Cap

72.8%

Mid Cap

9.92%

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