Mirae Asset Banking and Financial Services Fund - IDCW - Regular Plan

Other Plans and Options

Fund Overview IDCW | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation from a portfoliothat is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
BSE SENSEX - TRI N/A N/A N/A N/A N/A N/A
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Banking and Financial Services Fund - IDCW Aug 22, 2008 5.85 14.77 19.62 1.80 9,930.21
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 9.68 17.56 20.09 1.79 8,450.07
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 3.87 16.62 23.43 1.84 7,222.06
Aditya Birla Sun Life Banking and Financial Services Fund - REGULAR - IDCW Dec 14, 2013 2.59 14.10 19.32 1.97 3,496.52
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 5.58 16.44 18.79 1.91 2,894.89

Fund Holdings as on 31-July-2025

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • State Bank of India

  • Axis Bank Ltd.

  • Bajaj Finance Ltd.

  • SBI Life Insurance Co. Ltd.

  • Kotak Mahindra Bank Ltd.

  • Aditya Birla Capital Ltd.

  • DCB Bank Ltd.

  • Karur Vysya Bank Ltd.

  • Aadhar Housing Finance Ltd.

  • HDB Financial Services Ltd.

  • TREPS

  • L&T Finance Ltd.

  • Shriram Finance Ltd.

  • GO Digit General Insurance Ltd.

  • CARE Ratings Ltd.

  • Power Finance Corporation Ltd.

  • Equitas Small Finance Bank Ltd.

  • The Federal Bank Ltd.

  • General Insurance Corporation of India

  • Fino Payments Bank

  • Multi Commodity Exchange of India Ltd.

  • Bank of Baroda

  • LIC Housing Finance Ltd.

  • Cholamandalam Financial Holdings Ltd.

  • IndusInd Bank Ltd.

  • Max Financial Services Ltd.

  • REC Ltd.

  • Kfin Technologies Ltd.

  • RBL Bank Ltd.

  • India Shelter Finance Corporation Ltd.

  • Net Receivables / (Payables)

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Insurance

  • Finance - Housing

  • Finance Term Lending

  • Miscellaneous

  • Ratings

  • Finance - Stock Broking

  • Finance - Investment

  • Finance - Others

  • Depository Services

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  • Cash

  • Equity

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About Mirae Asset Banking and Financial Services Fund

Scheme Analysis

Mirae Asset Banking and Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to Mirae Asset Mutual Fund. It was launched on 11-Dec-2020 and currently has an AUM of ₹2,042.45 crore. Mirae Asset Banking and Financial Services Fund is benchmarked against BSE SENSEX - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of Mirae Asset Banking and Financial Services Fund ended up ₹0.12(0.61%)yesterday to ₹19.969.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

The Mirae Asset Banking and Financial Services Fund is managed by Harshad Borawake .

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940