Back to Selection     Print       Date : 31 Mar 2025
Fund Summary
Mirae Asset Banking and Financial Services Fund Reg (G)
[Equity: Sectoral]  
 
Fund Details
Fund Type Growth Launch Date 11-Dec-2020
Corpus(Cr.) 1841.0 Latest NAV 20.191 As on 30-05-2025
Equity(%) 99.45 52 Week High 20.191
Debt(%) 0.55 52 Week Low 16.428
Others(%) 0.0 Exit Load 1% for redemption within 365 days
Minimum Investment - Availability
Entry Load Nil Expense Ratio(%) 2.08
Scheme Benchmark NIFTY Financial Services TRI Broader Benchmark NSE - Nifty 50 TRI
Fund Manager Gaurav Kochar
 
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 53.77%
Top 10 Holdings 69.76%
Top 25 Holdings 95.69%
 
Sector Analysis
Sector/Ratings Net Asset(%)
Banking & Financial 67.36
Finance & Investments 23.02
Miscellaneous 8.32
Software & Services 0.75
Cash 0.55
 
 
 
 
 
Portfolio Metrics
PB Ratio 2.07
PE Ratio 14.24
 
Top 25 Holdings
Holdings Net Asset(%)
HDFC Bank Limited 17.87
ICICI Bank Limited 16.69
State Bank of India 7.64
Axis Bank Limited 7.22
Bajaj Finance Limited 4.35
Federal Bank Limited 4.29
INDIA SHELTER FIN CORP LTD 3.82
SBI Life Insurance Co Ltd 2.93
Shriram Finance Limited 2.48
GENERAL INSURANCE CORPORATION 2.47
LIC Housing Finance Limited 2.42
L&T FINANCE HOLDINGS LTD 2.39
DCB Bank Limited 2.22
Aadhar Housing Finance Limited 2.04
MULTI COMMODITY EXCHANGE OF IN 2.00
Bank of Baroda 1.94
Cholamandalam Financial Holdings Limited 1.67
CARE Ratings Limited 1.65
POWER FINANCE CORPORATION LTD 1.58
Max Financial Services Limited 1.57
KARUR VYSYA BANK LTD. 1.43
IIFL Finance Limited 1.42
GO DIGIT GENERAL INSURANCE LIMITED 1.35
Union Bank of India 1.20
Utkarsh Small Finance Bank Ltd 1.05

Performance Analysis
 
Short Terms Returns
1 Month 3 Month 6 Month 1 Year
2.51% 17.58% 7.43% 17.99%
 
Broader Market Benchmark [NSE - Nifty 50 TRI]
1.92% 12.13% 3.05% 11.08%
 
Scheme Benchmark [NSE - Nifty Financial Services TRI]
1.65% 15.30% 10.64% 22.76%
 
Long term Returns
2 Year 3 Year 5 Year 10 Year
19.54% 20.41% 0.00% 0.00%
 
 
16.89% 15.56% 22.29% 12.73%
 
 
17.64% 18.12% 23.61% 14.28%
 
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
 
Benchmark Relative Metrics (Single Computation - last 3 years)
Scheme Name Alpha Beta Treynor Ratio Tracking Error Information Ratio
 
Back to Selection