Mirae Asset Banking and Financial Services Fund Regular IDCW

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: 2.02% As on (30-06-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 2,085.2 Cr As on 30-06-2025(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.

20.673

17.09%

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 14.7
Sharpe Ratio 0.57
Alpha 1.86
Beta 0.87
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 IDCW 11-12-2020 8.59 17.22 20.98 - -
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 16.93 - - - -
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 13.24 22.12 22.11 22.54 15.63
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 13.2 17.22 22.75 21.08 -
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 12.88 18.84 20.67 20.55 11.22
WhiteOak Capital Banking & Financial Services Fund - Regular Growth 06-02-2024 12.84 - - - -
Helios Financial Services Fund - Regular Plan - Growth Option 13-06-2024 12.65 - - - -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 10.99 23.32 25.06 23.08 14.29
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 10.81 16.3 19.21 22.02 13.13
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 10.78 17.19 20.84 21.99 10.68

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

13.2%

Others

0.4%

Large Cap

72.04%

Mid Cap

14.36%

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