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Fund Overview of Mirae Asset Banking And Financial Services Fund Regular-growth
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₹2,146.7 CrAUM
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₹21.20NAV
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2.13%Expense Ratio
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EquityFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mirae Asset Banking And Financial Services Fund Regular-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 2.89% | NA | 2.31% |
| 6 Months | -1.78% | NA | 15.50% |
| 1 Year | 4.04% | 4.04% | 10.43% |
| 2 Years | 17.41% | 8.36% | 18.38% |
| 3 Years | 48.18% | 14.01% | 17.78% |
| 5 Years | 84.05% | 12.98% | 22.24% |
Compare Mirae Asset Banking And Financial Services Fund Regular-growth with other mutual funds in the same category
Mirae Asset Banking And Financial Services Fund Regular-growth
Nippon India Etf Nifty Psu Bank Bees
Kotak Nifty Psu Bank Exchange Traded Fund
Asset Allocation
equities
95.21%other assets or cash equivalents
4.79%Mirae Asset Banking And Financial Services Fund Regular-growth is one Equity mutual fund offered by Mirae Asset Mutual Fund. Launched on 11 Dec 2020, the fund aims To generate long term capital appreciation. Investment predominatly in equity and equity related securities of companies in banking and financial services sector in India. It manages assets worth ₹2,146.7 crore as on Sun May 31, 2026. The expense ratio stands at 2.13%. Fund Manager Manager EducationAbout Mirae Asset Banking And Financial Services Fund Regular-growth
The portfolio allocation consists of 95.21% in equities, 4.79% in other assets or cash equivalents.Managed by Harshad Borawake, it has delivered a return of 4.04% in the last year, a total return since inception of 14.59%.
Considering risk tolerance individuals often review best sip plans during their overall investment planning.
Key Metrics of Mirae Asset Banking And Financial Services Fund Regular-growth
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Standard Deviation15.76%
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Sharpe Ratio0.48%
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Alpha4.85%
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Beta0.92%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Nippon India Etf Nifty Psu Bank Bees  |
₹4,078 | 8.49% | 1.83% | 26.35% | 29.36% | 29.76% |
| Kotak Nifty Psu Bank Exchange Traded Fund |
₹2,263 | 8.48% | 1.83% | 26.35% | 29.37% | 29.74% |
| Invesco India Financial Services Fund Direct-growth |
₹1,701 | 4.11% | 6.74% | 8.31% | 20.00% | 16.66% |
| Invesco India Financial Services Fund Direct-idcw |
₹1,701 | 4.11% | 6.74% | 8.31% | 20.00% | 16.66% |
| Sundaram Financial Services Opportunities Fund Direct-growth |
₹1,590 | 4.46% | 6.47% | 4.63% | 16.19% | 15.84% |
| Sundaram Financial Services Opportunities Fund Direct-idcw |
₹1,590 | 4.46% | 6.47% | 4.63% | 16.19% | 15.84% |
| Nippon India Banking & Financial Services Fund Direct-growth |
₹7,442 | 3.61% | 4.83% | 2.38% | 14.71% | 15.17% |
| Nippon India Banking & Financial Services Fund Direct-idcw |
₹7,442 | 3.61% | 4.83% | 2.38% | 14.71% | 15.17% |
| Invesco India Financial Services Fund Regular-growth |
₹1,701 | 4.00% | 6.40% | 6.92% | 18.44% | 15.12% |
| Invesco India Financial Services Fund Regular-idcw |
₹1,701 | 4.00% | 6.40% | 6.92% | 18.44% | 15.12% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Mirae Asset Banking And Financial Services Fund Direct-growth
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₹2,147 | 3.96% | 3.27% | -1.07% | 5.56% | 15.67% |
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Mirae Asset Banking And Financial Services Fund Regular-idcw
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₹2,147 | 3.81% | 2.89% | -1.78% | 4.04% | 14.01% |
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Mirae Asset Banking And Financial Services Fund Direct-idcw
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₹2,147 | 3.96% | 3.27% | -1.07% | 5.56% | 15.67% |
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Mirae Asset Nifty Financial Services Etf-growth
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₹432 | 4.18% | 2.82% | -2.99% | 0.63% | 11.48% |
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Mirae Asset Nifty Bank Etf-growth
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₹297 | 7.18% | 5.06% | -2.21% | 4.03% | - |
|
Mirae Asset Nifty Psu Bank Etf-growth
|
₹57 | 8.50% | 1.89% | 5.33% | 26.75% | - |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Banking And Financial Services Direct Plan-growth |
₹10,643 | ₹148.25 | 11.82% | 11.25% | 13.97% |
| ICICI Prudential Banking And Financial Services-growth |
₹10,643 | ₹130.74 | 10.93% | 10.34% | 12.90% |
| ICICI Prudential Banking And Financial Services Direct Plan-idcw |
₹10,643 | ₹68.12 | 11.82% | 11.25% | 13.97% |
| ICICI Prudential Banking And Financial Services-idcw |
₹10,643 | ₹24.95 | 10.93% | 10.34% | 12.90% |
| SBI Banking & Financial Services Fund Direct-growth |
₹10,375 | ₹49.38 | 18.26% | 14.46% | 16.77% |
| SBI Banking & Financial Services Fund Regular-growth |
₹10,375 | ₹43.82 | 17.00% | 13.19% | 15.46% |
| SBI Banking & Financial Services Fund Direct-idcw |
₹10,375 | ₹44.14 | 18.26% | 14.46% | 16.77% |
| SBI Banking & Financial Services Fund Regular-idcw |
₹10,375 | ₹39.35 | 17.00% | 13.19% | 15.46% |
| Nippon India Etf Nifty Bank Bees |
₹7,937 | ₹594.45 | 9.95% | 11.30% | 12.76% |
| Nippon India Banking & Financial Services Fund-growth |
₹7,442 | ₹639.52 | 13.77% | 14.24% | 13.77% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Hdfc Bank Ltd | Financial | 15.52% | ₹333.07 Cr |
| Icici Bank Ltd | Financial | 13.26% | ₹284.58 Cr |
| State Bank Of India | Financial | 8.86% | ₹190.27 Cr |
| Axis Bank Ltd | Financial | 8.54% | ₹183.41 Cr |
| Repo | Unspecified | 4.03% | ₹86.44 Cr |
| Kotak Mahindra Bank Ltd | Financial | 3.87% | ₹83.18 Cr |
| Sbi Life Insurance Company Ltd | Financial | 3.38% | ₹72.52 Cr |
| Bajaj Finance Ltd | Financial | 3.24% | ₹69.53 Cr |
| Aditya Birla Capital Ltd | Financial | 2.87% | ₹61.56 Cr |
| The Federal Bank Ltd | Financial | 2.86% | ₹61.37 Cr |
| L&t Finance Holdings Ltd | Financial | 2.64% | ₹56.74 Cr |
| Karur Vysya Bank Ltd | Financial | 2.39% | ₹51.25 Cr |
| Shriram Transport Finance Company Ltd | Financial | 2.07% | ₹44.54 Cr |
| Canara Hsbc Life Insurance Company Ltd. | 2.03% | ₹43.56 Cr | |
| Hdb Financial Services Limited Eq | Financial | 1.98% | ₹42.56 Cr |
| Pb Fintech Ltd | Financial | 1.62% | ₹34.84 Cr |
| Home First Finance Company India Ltd | Financial | 1.61% | ₹34.57 Cr |
| Dcb Bank Ltd | Financial | 1.54% | ₹33.16 Cr |
| Kfin Technologies Ltd | Financial | 1.54% | ₹33.13 Cr |
| Equitas Small Finance Bank Ltd | Financial | 1.51% | ₹32.49 Cr |
Top Equity Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Nippon India Etf Nifty Psu Bank Bees |
₹97.41 | 29.36% | 29.76% | - |
| Kotak Nifty Psu Bank Exchange Traded Fund |
₹873.06 | 29.37% | 29.74% | - |
| Invesco India Financial Services Fund Direct-growth |
₹177.23 | 20.00% | 16.66% | - |
| Invesco India Financial Services Fund Direct-idcw |
₹91.22 | 20.00% | 16.66% | - |
| Sundaram Financial Services Opportunities Fund Direct-growth |
₹122.90 | 16.19% | 15.84% | - |
| Sundaram Financial Services Opportunities Fund Direct-idcw |
₹33.52 | 16.19% | 15.84% | - |
| Nippon India Banking & Financial Services Fund Direct-growth |
₹704.30 | 14.71% | 15.17% | - |
| Nippon India Banking & Financial Services Fund Direct-idcw |
₹102.29 | 14.71% | 15.17% | - |
| Invesco India Financial Services Fund Regular-growth |
₹146.55 | 18.44% | 15.12% | - |
| Invesco India Financial Services Fund Regular-idcw |
₹74.74 | 18.44% | 15.12% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mirae Asset Banking And Financial Services Fund Regular-growth
What is the current AUM of Mirae Asset Banking And Financial Services Fund Regular-growth?
As of Sun May 31, 2026, Mirae Asset Banking And Financial Services Fund Regular-growth manages assets worth ₹2,146.7 crore
How has Mirae Asset Banking And Financial Services Fund Regular-growth performed recently?
- 3 Months: 2.89%
- 6 Months: -1.78%
What is the long-term performance of Mirae Asset Banking And Financial Services Fund Regular-growth?
- 3 Years CAGR: 14.01%
- 5 Years CAGR: 12.98%
- Since Inception: 14.59%
What is the portfolio composition of Mirae Asset Banking And Financial Services Fund Regular-growth?
Equity: 95.21%, Others: 4.79%.
Who manages Mirae Asset Banking And Financial Services Fund Regular-growth?
Mirae Asset Banking And Financial Services Fund Regular-growth is managed by Harshad Borawake from Mirae Asset Mutual Fund.
What is the market-cap allocation of Mirae Asset Banking And Financial Services Fund Regular-growth?
Large Cap: 63.17%, Mid Cap: 19.40%, Small Cap: 17.43%.
Which are the top companies Mirae Asset Banking And Financial Services Fund Regular-growth has invested in?
- HDFC Bank Ltd – 15.52% of the fund's portfolio
- ICICI Bank Ltd – 13.26% of the fund's portfolio
- State Bank of India – 8.86% of the fund's portfolio
- Axis Bank Ltd – 8.54% of the fund's portfolio
- Repo – 4.03% of the fund's portfolio
Which are the major sectors Mirae Asset Banking And Financial Services Fund Regular-growth focuses on?
- Financial – 79.32% of the fund's portfolio
- Unspecified – 4.03% of the fund's portfolio
- Other – 2.03% of the fund's portfolio
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