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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.) 2174.0 Latest NAV 20.829 As on 12-06-2026
Equity(%) 96.6 52 Week High 22.637
Debt(%) 3.4 52 Week Low 19.038
Others(%) 0.0 Exit Load 1% for redemption within 365 days
Minimum Investment - Availability
Entry Load Nil Expense Ratio(%) 2.05
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 50.88%
Top 10 Holdings 66.44%
Top 25 Holdings 92.63%
 
Sector Analysis
Sector/Ratings Net Asset(%)
Banking & Financial 68.44
Finance & Investments 17.76
Miscellaneous 7.93
Cash 3.4
Technology 2.47
 
 
 
 
 
Portfolio Metrics
PB Ratio 2.25
PE Ratio 17.31
 
Top 25 Holdings
Holdings Net Asset(%)
HDFC Bank Limited 15.88
ICICI Bank Limited 13.16
State Bank of India 9.70
Axis Bank Limited 8.32
Kotak Mahindra Bank Limited 3.82
TREPS 3.45
SBI Life Insurance Co Ltd 3.32
Bajaj Finance Limited 3.30
FEDERAL BANK LTD 2.80
Aditya Birla Capital Limited 2.69
L&T FINANCE HOLDINGS LTD 2.55
KARUR VYSYA BANK LTD. 2.40
Canara HSBC Life Insurance Co Ltd 2.05
Shriram Finance Limited 2.03
HDB Financial Services Limited 1.93
MULTI COMMODITY EXCHANGE OF IN 1.90
DCB Bank Limited 1.63
PB Fintech Limited 1.57
KFIN Technologies Limited 1.55
Go Digit General Insurance Limited 1.50
CENTRAL DEPOSITORY SERVICES 1.46
POWER FINANCE CORPORATION LTD 1.45
Equitas Small Finance Bank Limited 1.42
HOME FIRST FINANCE CO INDIA 1.41
CARE Ratings Limited 1.34

Performance Analysis
 
Short Terms Returns
1 Month 3 Month 6 Month 1 Year
2.00% 3.16% -4.77% 2.75%
 
Broader Market Benchmark [NSE - Nifty 50 TRI]
0.09% 2.31% -8.96% -3.41%
 
Scheme Benchmark [NSE - Nifty Financial Services TRI]
2.37% 3.41% -6.01% -0.52%
 
Long term Returns
2 Year 3 Year 5 Year 10 Year
7.46% 13.42% 12.39% 0.00%
 
 
1.41% 9.21% 9.61% 12.64%
 
 
8.47% 11.08% 10.32% 14.68%
 
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) 15.74% 0.3530 13.3208% 44.3691 0.0685
 
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) 3.0033% 0.0005 0.0621 8.4290 0.4891
 
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