Mutual Fund Details

Mirae Asset Banking and Financial Services Fund Direct - Growth

Name: Mirae Asset Banking and Financial Services Fund Direct - Growth
Brand: Mirae Asset Mutual Fund

Equity Banking

NAV

₹19.7590

as on 20 Dec 2024, 11:48 PM

₹-0.2320(1.16%)

Last Change

Scheme Ratings

rated by Value Research

Banking

Rankings based on | as on Invalid date

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,58,271

₹1,65,652

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹65,652

Profit (absolute return)

65.65%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

4.58%

In the last 6 months

1.43%

In the last 1 year

15.51%

In the last 3 years

65.65%

In the last 5 years

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

Mirae Asset Banking and Financial Services Fund Direct - Growth

as of 30 Nov 2024, 05:30 AM

₹1,857.40 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

Exit load of 1% if redeemed within one year.

0.60%

Expense Ratio

Plan

Growth

0.57%

Cash Holding

Benchmark

NIFTY Financial Services Total Return Index

Scheme Document

View

Benchmark

NIFTY Financial Services Total Return Index

Exit Load

Exit load of 1% if redeemed within one year.

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 30 Nov 2024

Sort By

Value

Sector

Financial

89.13%

₹1,655.54 Cr

Insurance

6.60%

₹122.63 Cr

Services

3.69%

₹68.60 Cr

Cash Holding

0.57%

₹10.63 Cr

Sectors Holding in this Mutual Fund

as on 30 Nov 2024

Sort By

Value

Sector

Financial

89.13%

₹1,655.54 Cr

Insurance

6.60%

₹122.63 Cr

Services

3.69%

₹68.60 Cr

Cash Holding

0.57%

₹10.63 Cr

Companies Holding in this Mutual Fund

as on 30 Nov 2024

Sort By

Value

Company

HDFC Bank Ltd.

17.96%

₹333.59 Cr

ICICI Bank Ltd.

16.51%

₹306.66 Cr

State Bank of India

8.24%

₹153.05 Cr

Axis Bank Ltd.

7.55%

₹140.23 Cr

The Federal Bank Ltd.

5.47%

₹101.60 Cr

Others

44.27%

₹822.27 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Nov 2024

Sort By

Value

Company

HDFC Bank Ltd.

17.96%

₹333.59 Cr

ICICI Bank Ltd.

16.51%

₹306.66 Cr

State Bank of India

8.24%

₹153.05 Cr

Axis Bank Ltd.

7.55%

₹140.23 Cr

The Federal Bank Ltd.

5.47%

₹101.60 Cr

Others

44.27%

₹822.27 Cr

View All

Funds in this Category

This fund's returns:

18.30%

Return Duration

3 Years

Invesco India Financial Services Fund Direct-Growth

Sundaram Financial Services Opportunities Fund Direct-Growth

Nippon India Banking & Financial Services Fund Direct-Growth

About Mirae Asset Banking and Financial Services Fund Direct - Growth

Mirae Asset Banking and Financial Services Fund Direct - Growth is a Equity mutual fund scheme from Mirae Asset Mutual Fund. This scheme was launched on Invalid date. It has an AUM of ₹1,857.40 Crores and the latest NAV decalared is ₹19.759 as on 22 Dec 2024 at 11:55 am.

Mirae Asset Banking and Financial Services Fund Direct - Growth scheme return performance in last 1 year is 15.51%, in last 3 years is 65.65% and 96.98% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.