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Mirae Asset Banking and Financial Services Fund Regular Growth

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Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
Asset Class: Equity
Benchmark: NIFTY Financial Services TRI
Expense Ratio: 2.06% As on (30-12-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 179.95 Cr As on (31-12-2024)
Turn over: 38%
NAV as on 22-01-2025

17.424

-0.05 (-0.2755%)

CAGR Since Inception

14.44%

NIFTY Financial Services TRI 17.2%

PERFORMANCE of Mirae Asset Banking and Financial Services Fund Regular Growth

Scheme Performance (%)

Data as on - 22-01-2025

Yearly Performance (%)

Fund Managers

Gaurav Kochar

Investment 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.

MONTHLY LUMPSUM RETURNS ( Invested amount 1,00,000)

Show All Monthly Lumpsum Returns
NAV Date NAV Units Market
Value		 Returns
(%)
11-12-2020 10.0 10000.0 100000 0.0 %
11-01-2021 10.67 10000.0 106700 6.7 %
11-02-2021 11.556 10000.0 115560 15.56 %
12-03-2021 11.506 10000.0 115060 15.06 %
12-04-2021 10.258 10000.0 102580 2.58 %
11-05-2021 11.003 10000.0 110030 10.03 %
11-06-2021 11.663 10000.0 116630 16.63 %
12-07-2021 11.755 10000.0 117550 17.55 %
11-08-2021 12.005 10000.0 120050 20.05 %
13-09-2021 12.528 10000.0 125280 25.28 %
11-10-2021 12.841 10000.0 128410 28.41 %
11-11-2021 13.082 10000.0 130820 30.82 %
13-12-2021 12.585 10000.0 125850 25.85 %
11-01-2022 12.895 10000.0 128950 28.95 %
11-02-2022 12.625 10000.0 126250 26.25 %
11-03-2022 11.457 10000.0 114570 14.57 %
11-04-2022 12.416 10000.0 124160 24.16 %
11-05-2022 11.239 10000.0 112390 12.39 %
13-06-2022 10.889 10000.0 108890 8.89 %
11-07-2022 11.636 10000.0 116360 16.36 %
11-08-2022 12.74 10000.0 127400 27.4 %
12-09-2022 13.142 10000.0 131420 31.42 %
11-10-2022 12.391 10000.0 123910 23.91 %
11-11-2022 13.435 10000.0 134350 34.35 %
12-12-2022 13.847 10000.0 138470 38.47 %
11-01-2023 13.481 10000.0 134810 34.81 %
13-02-2023 13.161 10000.0 131610 31.61 %
13-03-2023 12.671 10000.0 126710 26.71 %
11-04-2023 13.153 10000.0 131530 31.53 %
11-05-2023 13.818 10000.0 138180 38.18 %
12-06-2023 14.27 10000.0 142700 42.7 %
11-07-2023 14.814 10000.0 148140 48.14 %
11-08-2023 15.106 10000.0 151060 51.06 %
11-09-2023 15.706 10000.0 157060 57.06 %
11-10-2023 15.463 10000.0 154630 54.63 %
13-11-2023 15.353 10000.0 153530 53.53 %
11-12-2023 16.392 10000.0 163920 63.92 %
11-01-2024 16.556 10000.0 165560 65.56 %
12-02-2024 16.122 10000.0 161220 61.22 %
11-03-2024 16.531 10000.0 165310 65.31 %
12-04-2024 16.942 10000.0 169420 69.42 %
13-05-2024 16.833 10000.0 168330 68.33 %
11-06-2024 17.698 10000.0 176980 76.98 %
11-07-2024 18.831 10000.0 188310 88.31 %
12-08-2024 18.193 10000.0 181930 81.93 %
11-09-2024 18.58 10000.0 185800 85.8 %
11-10-2024 18.75 10000.0 187500 87.5 %
11-11-2024 18.738 10000.0 187380 87.38 %
11-12-2024 19.362 10000.0 193620 93.62 %
13-01-2025 17.328 10000.0 173280 73.28 %
22-01-2025 17.424 10000.0 174240 74.24 %

RETURNS CALCULATOR for Mirae Asset Banking and Financial Services Fund Regular Growth

Growth of 10000 In SIP (Fund vs Benchmark)

Amount :
Period :
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End :

Growth of 10000 In LUMPSUM (Fund vs Benchmark)

Amount :
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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Market Cap Distribution

Small Cap

20.47%

Others

0.94%

Large Cap

63.98%

Mid Cap

14.6%

Riskometer

riskometer

Key Performance and Risk Statistics of Mirae Asset Banking and Financial Services Fund Regular Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Banking and Financial Services Fund Regular Growth 14.7 0.57 3.41 0.96 - -
Equity: Sectoral-Banking and Financial Services - - - - - -

PEER COMPARISION of Mirae Asset Banking and Financial Services Fund Regular Growth

Compare SIP Compare Lumpsum
Amount :
Start :
End :
Period
Data as on - 22-01-2025
Scheme Name Launch
Date		 1-Year
Ret (%)		 2-Yrs
Ret (%)		 3-Yrs
Ret (%)		 5-Yrs
Ret (%)		 10-Yrs
Ret (%)
Mirae Asset Banking and Financial Services Fund Regular Growth 11-12-2020 7.48 13.33 11.47 0.0 0.0
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 14.58 17.54 14.11 13.08 0.0
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 13.22 0.0 0.0 0.0 0.0
Invesco India Financial Services Fund - Retail Growth 14-07-2008 12.21 20.53 15.18 13.86 12.77
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 11.63 13.02 10.99 10.75 11.5
BANDHAN FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH 28-07-2023 10.99 0.0 0.0 0.0 0.0
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 10.05 14.84 12.82 10.44 9.22
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 8.83 15.35 14.63 13.28 11.04
Kotak Banking & Financial Services Fund - Regular Plan - Growth 27-02-2023 8.62 0.0 0.0 0.0 0.0
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 7.39 13.64 13.01 11.91 0.0

PORTFOLIO ANALYSIS of Mirae Asset Banking and Financial Services Fund Regular Growth

Asset Allocation (%)

Allocation Percentage (%)