Mirae Asset Banking and Financial Services Fund Regular Growth
AUM:
₹ 204.25 Cr
Expense Ratio
2.03%
Benchmark
NiftyFinancialServices TRI
ISIN
INF769K01GU5
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Exit Load
Exit Load: 1%,If redeemed within 1 year (365 Days) from the date of allotment, Nil- If redeemed after 365 days from the date of allotment.
Asset Class
Equity
Status
Open Ended Schemes
Fund Manager
Mr. Gaurav Kochar
19.8
-0.04 (-0.197%)
Overview
Investment Objective
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. There is no assurance that the investment objective of the scheme will be achieved.
Asset Allocation
Equity
98.04%
Debt
0.00%
Others
1.96%
Indicators
| Volatility | 14.7 |
| Sharp Ratio | 0.93 |
| Alpha | 1.93 |
| Beta | 0.97 |
| Yield to Maturity | - |
| Average Maturity | - |
-
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) | Since Launch (%) |
|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular Growth | 6.56 | 16.43 | - | 15.58 |
| Nifty Financial Services TRI | 9.51 | 14.29 | 17.87 | 17.41 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 98.04 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 26.7 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 17.29 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 7.6 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 7.2 |
| Bajaj Finance Limited | 2.93 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 2.87 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.87 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 2.44 |
| DCB BANK LIMITED EQ | 2.27 |
| THE KARUR VYSYA BANK LIMITED EQ NEW FV RS. 2/- | 1.92 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| Mirae Asset Banking and Fin Services Reg Gr | 11-12-2020 | 6.56 | 16.43 | 0.0 | 0.0 |
| DSP Banking & Financial Services Reg Gr | 15-12-2023 | 10.78 | 0.0 | 0.0 | 0.0 |
| SBI Banking and Fin Services Reg Gr | 01-02-2015 | 9.52 | 17.17 | 20.36 | 16.43 |
| WhiteOak Capital Banking & Financial Services Reg Gr | 06-02-2024 | 8.95 | 0.0 | 0.0 | 0.0 |
| Baroda BNP Paribas Banking and Fin Services Plan A Gr | 22-06-2012 | 8.32 | 16.07 | 17.42 | 11.95 |
| ICICI Pru Banking and Fin Services Gr | 05-08-2008 | 6.54 | 15.41 | 18.92 | 13.66 |
| Tata Banking And Fin Services Reg Gr | 18-12-2015 | 6.09 | 17.29 | 18.24 | 0.0 |
| UTI Banking and Fin Services Reg Gr | 01-08-2005 | 6.08 | 15.67 | 18.62 | 11.18 |
| Helios Financial Services Fund Reg Gr | 13-06-2024 | 5.74 | 0.0 | 0.0 | 0.0 |
| ITI Banking and Financial Services Fund Reg Gr | 07-12-2021 | 4.74 | 12.15 | 0.0 | 0.0 |