Mutual Funds

Mirae Asset Banking and Financial Services Fund-Reg(G)
Equity | Very High | Equity - Sectoral Fund - Banks & Financial Services

21.84 +0.33
NAV(₹) as on 10/7/2026

1.52%
1D

4.52%
1Y

13.71%
3Y

13.29%
5Y

Mirae Asset Banking and Financial Services Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:	Launch Date: 11 Dec 2020
Exit Load: 1% on or before 30D, NIL after 30D	AUM: ₹ 2,304.89 Crs
Lock-in: Nil	Investing Style: Large Growth
Portfolio Price To Book Value: 3.84	Min. Investment: SIP : ₹ 99.00 Lumpsum : ₹ 5,000.00
Scheme Benchmark: NA
Fund Manager: Abhijith Vara

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.

LATEST ASSET & PORTFOLIO ALLOCATION		Others		Equity
as on 31/5/2026		4.79 %		95.21 %

TOP HOLDINGS

HDFC Bank Ltd.

15.52 %

ICICI Bank Ltd.

13.26 %

State Bank Of India

8.86 %

Axis Bank Ltd.

8.54 %

Kotak Mahindra Bank Ltd.

3.87 %

SBI Life Insurance Company Ltd.

3.38 %

Bajaj Finance Ltd.

3.24 %

Aditya Birla Capital Ltd.

2.87 %

The Federal Bank Ltd.

2.86 %

L&T Finance Ltd.

2.64 %

See All Holding

ALLOCATION BY MARKET CAP (Equity)

ALLOCATION BY RATING (Debt & Others)

No Data

ALLOCATION BY SECTOR

Bank - Private

51.34 %

Finance - NBFC

14.06 %

Bank - Public

8.79 %

Insurance

7.36 %

Fintech

4.30 %

See All Sectors

PORTFOLIO CHARACTERISTICS (Debt)

No Data

5 YEAR HISTORY

Financial Year	2021-22	2022-23	2023-24	2024-25	2025-26
NAV (31/3/2026)	12.08	12.90	16.38	18.71	19.04
Net Assets (Rs Crores)	99,303.31	1,23,209.46	1,59,375.61	1,84,057.08	1,97,538.42
Scheme Returns(%)(Absolute)	8.56	4.75	26.16	12.52	3.28
B'mark Returns(%)(Absolute)	NA	NA	NA	NA	NA
Category Rank	55/75	35/76	59/90	23/102	26/120

RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Very High risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details	Inception Date	Aum(₹ Crs)	1Y	3Y	5Y	Since Inception
WOC Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 13.20 +0.17	6/2/2024	₹ 633.39	4.61%	-	-	12.14%
DSP Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 14.91 +0.24	8/12/2023	₹ 1,870.92	11.12%	-	-	16.69%
Groww Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 13.02 +0.26	6/2/2024	₹ 70.14	9.36%	-	-	11.51%
Helios Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 11.76 +0.19	24/6/2024	₹ 200.28	0.94%	-	-	8.26%
HSBC Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 12.69 +0.17	27/2/2025	₹ 926.56	7.35%	-	-	19.10%
Mahindra Manulife Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.69 +0.12	18/7/2025	₹ 450.83	-	-	-	6.91%
Bajaj Finserv Banking and Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.11 +0.14	1/12/2025	₹ 463.88	-	-	-	1.08%
Bank of India Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.01 +0.15	30/1/2026	₹ 282.25	-	-	-	0.10%
Edelweiss Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.57 +0.08	16/2/2026	₹ 274.48	-	-	-	-4.27%
Motilal Oswal Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.44 +0.11	16/2/2026	₹ 176.12	-	-	-	4.44%