Open menu
Paytm Money logo
search-placeholder
search
Mutual Fund Details
search-placeholder
search
Mirae Asset Mutual Fund

Mirae Asset Banking and Financial Services Fund Direct - Growth

NAV
returns change indicator
12.7390
as on 21 Sep 2021, 11:15 PM
0.0350(0.28%)
Last Change
loaderloader

Start SIP in this Mutual Fund

Min SIP Amount
1,000
Suggested Date
22nd of Every Month

Investment Performance

would have given a return of
1,00,875
star
1,01,687
star
1,08,585
star
1,09,076
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
9,076
Profit (absolute return)
9.08%
in the last
1m
3m
max
+1% Higher Returns
With Direct Plans on Paytm Money

Investment Returns

In the last 3 months
9.08%
In the last 6 months
14.00%
In the last 1 year
NA
In the last 3 years
NA
In the last 5 years
NA
In the last 10 years
NA
Absolute Returns
CAGR

Scheme Riskometer

low
low
low to moderate
low to moderate
moderate
moderate
moderately high
moderately high
high
high
very high
very high
indicator
Investors understand that their principal will be at very high risk

Scheme Information

Mirae Asset Banking and Financial Services Fund Direct - Growth
Mirae Asset Banking and Financial Services Fund Direct - Growth
as of 31 Aug 2021, 05:30 AM
744.28 Cr
Scheme Asset Size
Fund Type
Open-End
Exit Load
Exit load of 1% if redeemed within one year.
0.65%
Expense Ratio
Plan
Growth
3.00%
Cash Holding
Benchmark
NIFTY Financial Services Total Return Index
Scheme Document
Benchmark
NIFTY Financial Services Total Return Index
Exit Load
Exit load of 1% if redeemed within one year.
Scheme Document

Sectors Holding in this Mutual Fund

as on 31 Aug 2021
Sort By
Financial
91.38%
680.11 Cr
Insurance
5.62%
41.84 Cr
Cash Holding
3.00%
22.33 Cr

Companies Holding in this Mutual Fund

as on 31 Aug 2021
Sort By
HDFC Bank Ltd.
20.82%
154.96 Cr
ICICI Bank Ltd.
16.39%
121.99 Cr
Housing Development Finance Corpn. Ltd.
8.98%
66.84 Cr
State Bank of India
8.27%
61.55 Cr
Axis Bank Ltd.
8.19%
60.96 Cr
Others
6.10%
45.40 Cr
Kotak Mahindra Bank Ltd.
5.11%
38.03 Cr
SBI Life Insurance Company Ltd.
3.38%
25.16 Cr
The Federal Bank Ltd.
3.04%
22.63 Cr
UTI Asset Management Company Ltd.
2.67%
19.87 Cr
View All
View All

About Mirae Asset Banking and Financial Services Fund Direct - Growth

Mirae Asset Banking and Financial Services Fund Direct - Growth is a Equity mutual fund scheme from Mirae Asset Mutual Fund. This scheme was launched on 11 Dec 2020 and is currently managed by its fund managers Harshad Borawake and Gaurav Kochar. It has an AUM of ₹744.28 Crores and the latest NAV decalared is ₹12.739 as on 22 Sep 2021 at 5:43 am.
Mirae Asset Banking and Financial Services Fund Direct - Growth scheme return performance is 27.00% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.

Scheme Details

AUM:744.28 Cr
Category:Equity: Sectoral-Banking
Launch Date:11 Dec 2020
Fund Type:Open-End

Scheme 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.

AMC Information

Mirae Asset Mutual Fund
Mirae Asset Mutual Fund
View AMC Details
93,605.28 Cr
AUM
63
Schemes
Address
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East),400098
Phone Number
Phone Number
Phone : 022-67800301 / 1800-2090-777