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Mirae Asset Banking and Financial Services Fund Direct - Growth
| NAV as of Apr 23, 2025 | Returns since inception | ET Money Rank | VRO Ratings |
|---|---|---|---|
| ₹21.401-0.42% 1 day change | 19.02% |   |
Historical NAV & returns
NAV: ₹21.401 as on Apr 23, 2025
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Mirae Asset Banking and Financial Services Fund overview
| VRO rating | |
| Expense ratio | 0.7% as on Mar 31, 2025 |
| Exit load | 1.0% Exit load of 1% if redeemed within one year.! |
| AUM (Fund size) | ₹1,841 Crs |
| Lock-in | No Lockin |
| Age | 4 yrs 4 m since Nov 25, 2020 |
| Benchmark | NIFTY Financial Services TRI |
| Min. investment | SIP ₹1000 & Lump. ₹5000 |
| Risk | Very High |
| Short term capital gains (STCG) | Returns taxed at 20% if you redeem before 1 year |
| Long term capital gains (LTCG) | After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year |
Mirae Asset Banking and Financial Services Fund Returns calculator
Investment type
- Total investment ₹ 12 lakh
- Profit ₹12 lakhs
- Total corpus ₹1 lakh
- Absolute return 52.69%
Trailing returns as on Apr 09, 2025
| Period | This fund | Category average |
|---|---|---|
| 1 month | 5.93% | 6.27% |
| 3 months | 15.34% | 13.62% |
| 6 months | 7.83% | 6.64% |
| 1 year | 19.28% | 18.5% |
| 3 years | 20.88% | 20.99% |
Asset allocationas on Mar 31, 2025
Large Cap 64.510184%
Mid Cap 14.327863000000002%
Small Cap 20.591953000000004%
Other Cap 0.0%
Top holdings
Top sectors
Financial 88.08999999999999%
Insurance 6.75%
Services 3.84%
Technology 0.75%
Credit quality
Bifurcation by Credit Quality is not available for this fund
Top Debt Holdings
Bifurcation by Holding is not available for this fund
Allocation by Instruments
Repo 0.7668441%
Other Holdings
Others 0.77%
Peer comparison
Key risk & return ratios Compared to other funds in the category
About this fund
More funds from Mirae Asset Mutual Fund
Frequently asked questions
ET Money rank
#NA
- Return Outperformance: This fund has generated highest return amongst Sectoral-Banking funds in the last 3 Years.
- Return/Risk: The fund is performing poorly than its category.
- Exit Load: Exit load of 1% if redeemed within one year.