Compiled by Rupeestop LLP, SEBI RIA INA000022701. NAV as on 18 Aug 2026. Factsheet Jun 2026. About · Disclosures
Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth
Mirae Asset ManagementSectoral Banking and FinanceDirectGrowthVery high risk4/5
NAV
₹23.508
As on 18 Aug 2026
Vs category
| Period | This fund | Category | Rank |
|---|---|---|---|
| 1 year | +6.47% | — | — |
| 3 year | +14.48% | — | — |
| 5 year | +14.34% | — | — |
- Sharpe
- 0.54
- Std dev
- 15.77%
- Beta
- 0.96
All Sectoral Banking and Finance funds · Mirae Asset Management
Returns
From NAVs through 18 Aug 2026
1Y
+6.47%
Total
3Y
+14.48%
p.a.
5Y
+14.34%
p.a.
SI
+15.13%
p.a.
Calendar years
+14.78%2022
+22.79%2023
+13.29%2024
+20.99%2025
-1.20%2026 YTD
Rolling 1-year · 51 overlapping windows
-2.52%avg +15.84%+36.09%
Fund facts
Fund details from the Jun 2026 factsheet
Fund size
₹2,146.75 Cr
Expense ratio
0.52%
Exit load
None
Lock-in
None
BenchmarkNIFTY Financial Services TRI
Launched11 Dec 2020
Risk levelVery high
StructureOpen Ended
ISININF769K01GX9
Where the money is invested
Split by asset type.
By asset type
Equity95.21%
Cash4.79%
What the fund holds
35 holdings · portfolio as on 30 May 2026
- 15.52%HDFC Bank LtdFinancial Services
- 13.26%ICICI Bank LtdFinancial Services
- 8.86%State Bank of IndiaFinancial Services
- 8.54%Axis Bank LtdFinancial Services
- 4.03%Treps
- 3.87%Kotak Mahindra Bank LtdFinancial Services
- 3.38%SBI Life Insurance Co LtdFinancial Services
- 3.24%Bajaj Finance LtdFinancial Services
- 2.87%Aditya Birla Capital LtdFinancial Services
- 2.86%The Federal Bank LtdFinancial Services
Concentration
Top 5 weight
50.21%
Top 10 weight
66.42%
Avg turnover
102.07%
Risk and quality measures
How steady the returns have been.
Return quality
Sharpe
0.54
Better than category avg 0.42
Sortino
0.63
Return per unit of downside risk
Alpha
4.04
Return above the benchmark
Information ratio
0.78
Consistency of outperformance
Risk
Std deviation
15.77%
How much returns swing
Beta
0.96
Better than category avg 0.98
R-squared
88.3%
How closely it tracks the benchmark
Who manages this fund
1 fund manager
- AVAbhijith Vara0.4 years in the industryRuns 1 scheme
Other Sectoral Banking and Finance funds
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ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth-InsureddirectCompare- Bajaj Finserv Banking and Financial Services FunddirectCompare
- Bajaj Finserv Banking and Financial Services FunddirectCompare
- Canara Robeco Banking and Financials Services FunddirectCompare
- Canara Robeco Banking and Financials Services FunddirectCompare
SIP illustration
Rate
+14.48%
Invested
₹6,00,000
Illustrated
₹13,49,757
₹5,000/mo × 10 years at this fund's 3Y CAGR. Illustration, not a forecast. SIP calculator
Other versions
- directIDCWMirae Asset Banking and Financial Services Fund - Direct Plan - IDCW PayoutNAV ₹23.04
- regularGrowthMirae Asset Banking and Financial Services Fund - Regular Plan - GrowthNAV ₹21.44
- regularIDCWMirae Asset Banking and Financial Services Fund - Regular Plan - IDCW PayoutNAV ₹21.46
FAQ
What is Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth NAV today?
- The latest NAV of Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth is ₹23.508 as on 18 Aug 2026.
How has Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth performed vs its category?
- 1-year return +6.47%. Past performance does not guarantee future returns.
What are the returns of Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth?
- Trailing returns from published NAVs: 1 year +6.47%, 3 year +14.48% a year, 5 year +14.34% a year, since our first NAV +15.13% a year. Past performance does not guarantee future returns.
How would a SIP in Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth have been illustrated?
- The SIP illustration on this page uses ₹5,000 a month for 10 years at this fund's 3-year annualised return of +14.48%. It is not a forecast.
What is the expense ratio and fund size of Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth?
- For Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth, the expense ratio is 0.52% and fund size (AUM) is ₹2,146.75 Cr.
What is the ISIN of Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth?
- The ISIN for Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth is INF769K01GX9.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance does not guarantee future returns and is not an indicator of future results.
Figures on this page come from published NAVs and the scheme's monthly factsheet. They are for information only and are not investment advice or a recommendation to buy or sell any scheme.