Mirae Asset Banking and Financial Services Fund Regular Growth
₹20.3280
₹0.28 (-1.35%)
NAV as of 29 May 2026
Today's NAV — all variants
Regular · Growth
₹₹20.3280
₹0.28 (-1.35%)
29 May 2026
AMFI: 148621
Direct · Growth
₹₹22.1290
₹0.30 (-1.34%)
29 May 2026
AMFI: 148623
Regular · IDCW
₹₹20.3530
₹0.28 (-1.35%)
29 May 2026
AMFI: 148622
Direct · IDCW
₹₹22.0330
₹0.30 (-1.34%)
29 May 2026
AMFI: 148624
Returns (Lumpsum)
CAGR for periods ≥ 1 yearSIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹500/month became
Real NAV backtest from day one
₹33,000
Invested
₹45,437
Value today
11.6%
XIRR (p.a.)
₹500/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹1,000 lumpsum at launch — value today
Invested on the fund's first NAV date
₹1,000
Invested
₹2,033
Value today
13.7%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹10L corpus with ₹5,000/month withdrawals since inception
Corpus is still growing despite monthly payouts
₹10,00,000
Initial corpus
₹3,30,000
Withdrawn
₹15,78,433
Corpus left
+₹9,08,433 net gain — withdrew ₹3,30,000 AND corpus grew
Plan your SWP with real NAV₹6L corpus via 12-month STP from a liquid fund at inception
₹50K/month transferred from HDFC Liquid → this fund at launch
₹6,00,000
Invested
₹10,81,050
Value today
-11.4%
vs lumpsum
Direct lumpsum would have beaten STP by 11.4% — but STP reduced timing risk
Model your own STP with real NAVBeat the benchmark — ₹500/month SIP
Same SIP in this fund vs the benchmark index
This fund
₹45,437
Benchmark
₹44,953
+₹484 extra wealth vs the benchmark index
Backtest this SIP yourself₹1 lakh on the worst crash day — 03 Jun 2024
Worst single-day Nifty drop during this fund's life
₹1,00,000
Invested
₹1,14,466
Value today
1.1×
Multiple
Staying invested through that crash turned ₹1L into ₹1,14,466 — a 1.1× return
Read: Staying invested through crashesDirect vs Regular — ₹500/month over 5 years
Expense ratio drag on your actual returns
Direct plan
₹42,464
Regular plan
₹40,686
Direct earns ₹1,778 more on a ₹30K investment — 1.19% extra return per year
Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.
Learn about Direct vs Regular plansFund Details
Risk Metrics
Trailing 1 year, annualised0.03
Sharpe Ratio
+0.05
Alpha
0.46
Beta
0.03
Sortino
15.77%
Std Dev
-15.90%
Max Drawdown
Portfolio Holdings
Top 32 holdings · as of Mar 2026
| Security | % NAV |
|---|---|
HDFC Bank Ltd. INE040A01034 | 15.64% |
ICICI Bank Ltd. INE090A01021 | 13.83% |
Axis Bank Ltd. INE238A01034 | 8.38% |
Kotak Mahindra Bank Ltd. INE237A01036 | 3.87% |
SBI Life Insurance Co. Ltd. INE123W01016 | 3.39% |
Bajaj Finance Ltd. INE296A01032 | 3.11% |
Karur Vysya Bank Ltd. INE036D01028 | 2.92% |
The Federal Bank Ltd. INE171A01029 | 2.79% |
Aditya Birla Capital Ltd. INE674K01013 | 2.51% |
L&T Finance Ltd. INE498L01015 | 2.41% |
Canara HSBC Life Insurance Co.Ltd. INE01TY01017 | 2.25% |
Shriram Finance Ltd. INE721A01047 | 2.08% |
HDB Financial Services Ltd. INE756I01012 | 1.81% |
GO Digit General Insurance Ltd. INE03JT01014 | 1.74% |
Multi Commodity Exchange of India Ltd. INE745G01043 | 1.68% |
Kfin Technologies Ltd. INE138Y01010 | 1.67% |
DCB Bank Ltd. INE503A01015 | 1.52% |
PB Fintech Ltd. INE417T01026 | 1.48% |
Power Finance Corporation Ltd. INE134E01011 | 1.35% |
Central Depository Services (I) Ltd. INE736A01011 | 1.32% |
CARE Ratings Ltd. INE752H01013 | 1.28% |
Equitas Small Finance Bank Ltd. INE063P01018 | 1.21% |
Aadhar Housing Finance Ltd. INE883F01010 | 1.04% |
Home First Finance Company India Ltd. INE481N01025 | 1.03% |
Billionbrains Garage Ventures Ltd. INE0HOQ01053 | 0.96% |
Pine Labs Ltd. INE15B701018 | 0.80% |
IndusInd Bank Ltd. INE095A01012 | 0.74% |
CRISIL Ltd. INE007A01025 | 0.64% |
Cholamandalam Financial Holdings Ltd. INE149A01033 | 0.33% |
| Security | % NAV |
|---|---|
State Bank of India INE062A01020 | 9.78% |
General Insurance Corporation of India INE481Y01014 | 1.08% |
Bank of Baroda INE028A01039 | 1.07% |
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
Mirae Asset Banking and Financial Services Fund Regular Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
Mirae Asset Banking and Financial Services Fund Regular Growth is a Sectoral / Thematic mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 5 years. It manages assets worth ₹2,199 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.00%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations