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Mirae Asset Mutual Fund · Equity: Sectoral-Banking and Financial Services
Mirae Asset Banking and Financial Services Fund Regular Growth
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.
EquityBenchmark · Nifty Financial Services Index (TRI)TER · 2.05%Inception · 11-12-2020
NAV
₹20.43
+1.20% · as of 14-05-2026
Since inception
14.07%
CAGR
Benchmark (inception)
-0.12%
CAGR
Fund size
₹22 Cr
AUM
Expense ratio
2.05%
30-04-2026
Performance
Returns vs benchmark & category
Since inception: +14.07% CAGR vs benchmark +-0.12%.
Portfolio
Where the money is invested
Top holdings
HDFC BANK LIMITED EQ NEW FV RE. 1/-15.64%
ICICI BANK LIMITED EQ NEW FV RS. 2/-13.83%
STATE BANK OF INDIA EQ NEW RE. 1/-9.78%
AXIS BANK LIMITED EQ NE FV RS. 2/-8.38%
TREPS4.48%
Kotak Mahindra Bank Limited3.87%
SBI LIFE INSURANCE COMPANY LIMITED EQ3.39%
Bajaj Finance Limited3.11%
THE KARUR VYSYA BANK LIMITED EQ NEW FV RS. 2/-2.92%
THE FEDERAL BANK LIMITED EQ NEW FV RS.2/-2.79%
Sector allocation
Financial Services95.71%
Riskometer
LowVery High
Very High
What if you'd SIP'd here?
@ 14.1% p.a.₹10,000
10 years
Projected value
₹26,32,124
Invested: ₹12,00,000
Gained: ₹14,32,124
Illustration based on fund's since-inception return. Past performance is not indicative of future returns.
Risk Analysis
How this fund manages risk
Fund manager
M
Mr. Abhijith Vara
Manager since fund inception data not available
ISIN & identifiers
AMFI code
148621
ISIN (Growth)
INF769K01GU5
ISIN (Div Re-inv)
—
Status
Open Ended Schemes
Peers
Other Equity: Sectoral-Banking and Financial Services funds
Quant BFSI Fund Reg Gr
₹19.00
1Y
+20.0%
3Y
+0.0%
5Y
+0.0%
HSBC Fin Services Fund Reg Gr
₹12.02
1Y
+8.9%
3Y
+0.0%
5Y
+0.0%
DSP Banking & Financial Services Reg Gr
₹13.95
1Y
+8.6%
3Y
+0.0%
5Y
+0.0%
Groww Banking & Financial Services Reg Gr
₹12.04
1Y
+8.3%
3Y
+0.0%
5Y
+0.0%
Invesco India Fin Services Fund Reg Plan Gr
₹141.50
1Y
+7.8%
3Y
+18.5%
5Y
+16.0%
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