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Fund Summary
Mirae Asset Banking and Financial Services Fund Reg (G)
[Equity: Sectoral]  
 
Fund Details
Fund Type Growth Launch Date 11-Dec-20
Corpus(Cr.) 2305.0 Latest NAV 21.318 As on 11-09-2026
Equity(%) 98.18 52 Week High 22.637
Debt(%) 1.82 52 Week Low 19.038
Others(%) 0.0 Exit Load 1% for redemption within 1 month
Minimum Investment - Availability
Entry Load Nil Expense Ratio(%) 1.72
Scheme Benchmark NIFTY Financial Services TRI Broader Benchmark NSE - Nifty 50 TRI
Fund Manager Abhijith Vara
 
Riskometer
Investors understand that their principal will be at Very High risk
 
Scheme 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.

Portfolio Classification
 
Asset Mix
 
Concentration Analysis
Top 5 Holdings 49.00%
Top 10 Holdings 64.97%
Top 25 Holdings 93.59%
 
Sector Analysis
Sector/Ratings Net Asset(%)
Banking & Financial 66.95
Finance & Investments 20.28
Miscellaneous 7.31
Technology 3.64
Cash 1.82
 
 
 
 
 
Portfolio Metrics
PB Ratio 2.41
PE Ratio 18.69
 
Top 25 Holdings
Holdings Net Asset(%)
HDFC Bank Ltd. 14.51
ICICI Bank Ltd. 14.10
State Bank Of India 8.79
AXIS Bank Ltd. 7.60
Kotak Mahindra Bank Ltd. 4.00
Bajaj Finance Limited 3.79
SBI Life Insurance Company Limited 3.23
Aditya Birla Capital Ltd 3.18
L&T Finance Limited 3.01
Federal Bank Ltd. 2.76
Karur Vysya Bank Ltd. 2.64
PB Fintech Limited 2.43
HDB FINANCIAL SERVICES LIMITED 2.29
Shriram Finance Limited 2.14
Equitas Small Finance Bank Limited 2.09
Canara HSBC Life Insurance Company Limited 2.00
KFin Technologies Limited 1.99
Home First Finance Company India Limited 1.93
CRISIL Ltd. 1.80
TREPS 1.79
Central Depository Services (India) Ltd. 1.73
IndusInd Bank Ltd. 1.68
DCB Bank Limited 1.53
Power Finance Corporation Ltd 1.29
CARE Ratings Limited 1.29

Performance Analysis
 
Short Terms Returns
1 Month 3 Month 6 Month 1 Year
-1.17% 2.35% 3.33% 4.75%
 
Broader Market Benchmark [NSE - Nifty 50 TRI]
-4.06% -0.40% -0.20% -5.82%
 
Scheme Benchmark [NSE - Nifty Financial Services TRI]
-2.94% -0.93% 0.36% -2.22%
 
Long term Returns
2 Year 3 Year 5 Year 10 Year
6.33% 11.07% 11.14% 0.00%
 
 
-2.88% 6.63% 7.39% 11.72%
 
 
4.27% 9.00% 8.06% 12.97%
 
Cumulative Performance of Last 5 Years
 
Calendar Year Returns

Risk Analysis
 
Absolute Metrics (Single Computation - last 3 years)
Scheme Name Standard Deviation Sharpe Ratio Downside Deviation Downside Probability Sortino Ratio
Mirae Asset Banking and Financial Services Fund Reg (G) 15.72% 0.3996 13.3176% 44.2334 0.0753
 
Benchmark Relative Metrics (Single Computation - last 3 years)
Scheme Name Alpha Beta Treynor Ratio Tracking Error Information Ratio
Mirae Asset Banking and Financial Services Fund Reg (G) 4.5140% 0.0005 0.0706 8.4719 0.7886
 
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