Mirae Asset Banking and Financial Services Fund · Direct · Growth
NAV
₹23.4590
as of 31 Jul 2026
Expense Ratio
—
see scheme documents
Lumpsum returns (CAGR)
- 1Y
- +6.15%
- 3Y
- +13.16%
- 5Y
- +14.63%
- Since Inception
- +16.16%
SIP returns (XIRR)
- 1Y
- +5.95%
- 3Y
- +11.67%
- 5Y
- +14.38%
- Since Inception
- +14.63%
Returns calculated from 20 November 2020 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.
Performance Comparison
Sectoral allocation
as of 30 Jun 2026- Banks60.13%
- Finance19.83%
- Capital Markets7.38%
- Insurance7.36%
- Financial Technology (Fintech)2.81%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Portfolio holdings
portfolio shared with Mirae Asset Banking and Financial Services Fund Regular Growth
- 1Hdfc Bank Ltd.15.49%
- 2Icici Bank Ltd.13.51%
- 3State Bank Of India8.79%
- 4Axis Bank Ltd.8.32%
- 5Kotak Mahindra Bank Ltd.4.71%
- 6Bajaj Finance Ltd.3.34%
- 7Aditya Birla Capital Ltd.3.09%
- 8The Federal Bank Ltd.3.04%
- 9Sbi Life Insurance Co. Ltd.3.04%
- 10L&T Finance Ltd.3.01%
Investment Objective
Mirae Asset Banking and Financial Services Fund · Direct · 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 · Direct · Growth is a Sectoral / Thematic mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 5 years.
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