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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.) 2272.0 Latest NAV 20.19 As on 13-03-2026
Equity(%) 91.1 52 Week High 22.637
Debt(%) 4.94 52 Week Low 17.571
Others(%) 3.96 Exit Load 1% for redemption within 365 days
Minimum Investment - Availability
Entry Load Nil Expense Ratio(%) 2.00
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 engaged in banking and financial services sector.

Portfolio Classification
 
Asset Mix
 
Concentration Analysis
Top 5 Holdings 54.23%
Top 10 Holdings 70.58%
Top 25 Holdings 94.54%
 
Sector Analysis
Sector/Ratings Net Asset(%)
Banking & Financial 69.29
Finance & Investments 16.78
Miscellaneous 7.91
Cash 4.94
Technology 1.08
 
 
 
 
 
Portfolio Metrics
PB Ratio 0.00
PE Ratio 17.90
 
Top 25 Holdings
Holdings Net Asset(%)
HDFC Bank Limited 16.50
ICICI Bank Limited 13.75
State Bank of India 10.43
Axis Bank Limited 8.38
TREPS 5.17
Kotak Mahindra Bank Limited 3.96
SBI Life Insurance Co Ltd 3.37
Bajaj Finance Limited 3.36
KARUR VYSYA BANK LTD. 2.86
Federal Bank Ltd 2.80
Aditya Birla Capital Limited 2.57
L & T Finance Ltd 2.47
Shriram Finance Limited 2.23
Canara HSBC Life Insurance Co Ltd 1.99
HDB Financial Services Limited 1.73
Go Digit General Insurance Limited 1.56
DCB Bank Limited 1.54
MULTI COMMODITY EXCHANGE OF IN 1.50
Equitas Small Finance Bank Limited 1.31
POWER FINANCE CORPORATION LTD. 1.28
KFin Technologies Limited 1.27
CARE Ratings Limited 1.24
Bank of Baroda 1.21
HOME FIRST FINANCE CO INDIA 1.07
GENERAL INSURANCE CORPORATION 0.99

Performance Analysis
 
Short Terms Returns
1 Month 3 Month 6 Month 1 Year
-9.36% -7.51% -0.96% 16.03%
 
Broader Market Benchmark [NSE - Nifty 50 TRI]
-9.09% -10.95% -7.41% 4.52%
 
Scheme Benchmark [NSE - Nifty Financial Services TRI]
-10.60% -8.89% -4.67% 9.00%
 
Long term Returns
2 Year 3 Year 5 Year 10 Year
11.94% 17.31% 12.16% 0.00%
 
 
3.75% 12.21% 10.46% 13.37%
 
 
11.48% 14.17% 10.01% 15.70%
 
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) 12.31% 0.6513 12.2439% 43.3018 0.1010
 
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) 2.6579% 0.0004 0.1072 8.3247 0.4821
 
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