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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.) 2357.00 Latest NAV 20.101 As on 29-10-2026
Equity(%) 97.92 52 Week High 22.637
Debt(%) 2.08 52 Week Low 19.038
Others(%) 0.00 Exit Load 1% for redemption within 1 month
Minimum Investment - Availability
Entry Load Nil Expense Ratio(%) 0.00
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/Entities engaged in banking and financial services sector.

Portfolio Classification
 
Asset Mix
 
Concentration Analysis
Top 5 Holdings 49.14%
Top 10 Holdings 65.10%
Top 25 Holdings 94.65%
 
Sector Analysis
Sector/Ratings Net Asset(%)
Banking & Financial 69.72
Finance & Investments 17.85
Miscellaneous 7.72
Technology 2.63
Cash 2.08
 
 
 
 
 
Portfolio Metrics
PB Ratio 2.40
PE Ratio 18.56
 
Top 25 Holdings
Holdings Net Asset(%)
HDFC Bank Ltd. 14.44
ICICI Bank Ltd. 13.63
State Bank Of India 8.62
AXIS Bank Ltd. 7.96
Kotak Mahindra Bank Ltd. 4.49
Bajaj Finance Limited 3.87
SBI Life Insurance Company Limited 3.45
Multi Commodity Exchange of India Ltd 2.97
KFin Technologies Limited 2.93
HDB FINANCIAL SERVICES LIMITED 2.74
L&T Finance Limited 2.69
Karur Vysya Bank Ltd. 2.63
Aditya Birla Capital Ltd 2.63
TREPS 2.22
Canara HSBC Life Insurance Company Limited 2.13
Shriram Finance Limited 2.10
Equitas Small Finance Bank Limited 2.01
CRISIL Ltd. 1.93
Home First Finance Company India Limited 1.89
DCB Bank Limited 1.75
Central Depository Services (India) Ltd. 1.72
IndusInd Bank Ltd. 1.57
Pine Labs Limited 1.57
BSE Ltd. 1.41
Federal Bank Ltd. 1.30

Performance Analysis
 
Short Terms Returns
1 Month 3 Month 6 Month 1 Year
-0.95% -6.20% -4.18% -6.71%
 
Broader Market Benchmark [NSE - Nifty 50 TRI]
1.01% -5.23% -4.33% -11.05%
 
Scheme Benchmark [NSE - Nifty Financial Services TRI]
0.26% -5.80% -3.89% -9.18%
 
Long term Returns
2 Year 3 Year 5 Year 10 Year
2.79% 10.44% 8.99% 0.00%
 
 
-2.07% 7.60% 6.59% 11.58%
 
 
1.68% 9.94% 6.62% 12.69%
 
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) 16.33% 0.6536 12.8303% 43.5135 0.1002
 
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) 11.0063% 0.0000 -1.7290 21.7381 1.4299
 
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