Mirae Asset Banking and Financial Services Fund · Direct · Growth
NAV
₹22.1970
as of 29 Sept 2026
Expense Ratio
0.75%
Lumpsum returns (CAGR)
- 1Y
- +2.15%
- 3Y
- +11.30%
- 5Y
- +11.62%
- Since Inception
- +14.74%
SIP returns (XIRR)
- 1Y
- -5.36%
- 3Y
- +6.53%
- 5Y
- +11.27%
- Since Inception
- +12.01%
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 31 Aug 2026- Banks58.53%
- Finance17.78%
- Capital Markets9.50%
- Insurance7.06%
- Financial Technology (Fintech)3.16%
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 Plan - Growth
- 1Icici Bank Ltd.13.98%
- 2Hdfc Bank Ltd.13.46%
- 3State Bank Of India8.87%
- 4Axis Bank Ltd.7.86%
- 5Kotak Mahindra Bank Ltd.4.21%
- 6Bajaj Finance Ltd.3.43%
- 7L&T Finance Ltd.3.04%
- 8Sbi Life Insurance Co. Ltd.2.93%
- 9Kfin Technologies Ltd.2.91%
- 10Hdb Financial Services Ltd.2.66%
What this fund does
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. The current expense ratio is 0.75%.