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.

20.884

17.46%

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 14.57
Sharpe Ratio 1.19
Alpha 2.28
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 10.96 18.58 21.79 - -
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 18.98 - - - -
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 15.36 23.16 22.98 22.62 16.07
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 15.07 20.28 21.43 20.46 11.71
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 15.06 18.93 23.63 21.06 -
WhiteOak Capital Banking & Financial Services Fund - Regular Growth 06-02-2024 14.83 - - - -
Helios Financial Services Fund - Regular Plan - Growth Option 13-06-2024 14.67 - - - -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 13.99 23.85 25.82 23.01 14.79
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 13.17 17.54 19.97 22.07 13.59
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 13.05 18.56 21.64 21.83 11.14

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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