Mirae Asset Banking and Financial Services Fund · Regular · Growth
₹20.8290
₹0.59 (+2.92%)
NAV as of 12 Jun 2026
Today's NAV — all variants
Regular · Growth
₹₹20.8290
₹0.59 (+2.92%)
12 Jun 2026
AMFI: 148621
Direct · Growth
₹₹22.6870
₹0.64 (+2.92%)
12 Jun 2026
AMFI: 148623
Regular · IDCW
₹₹20.8550
₹0.59 (+2.92%)
12 Jun 2026
AMFI: 148622
Direct · IDCW
₹₹22.5880
₹0.64 (+2.92%)
12 Jun 2026
AMFI: 148624
Returns (Lumpsum)
CAGR for periods ≥ 1 yearReturns calculated from 20 November 2020 onwards due to a structural change in the scheme on that date. Pre-2020 NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.
SIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹500/month became
Real NAV backtest from day one
₹33,500
Invested
₹45,742
Value today
11.3%
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
₹2,024
Value today
13.5%
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
₹3,35,000
Withdrawn
₹15,66,484
Corpus left
+₹9,01,484 net gain — withdrew ₹3,35,000 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
₹10,76,397
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
₹45,742
Benchmark
₹45,373
+₹369 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
₹1,13,965
Value today
1.1×
Multiple
Staying invested through that crash turned ₹1L into ₹1,13,965 — a 1.1× return
Read: Staying invested through crashesFund Details
Risk Metrics
Trailing 1 year, annualised0.14
Sharpe Ratio
+0.07
Alpha
0.50
Beta
0.14
Sortino
16.03%
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