Mutual Funds

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

19.98 -0.10
NAV(₹) as on 20/3/2026

-0.50%
1D

9.43%
1Y

16.71%
3Y

12.42%
5Y

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

Scheme Details
Expense Ratio: 2	Launch Date: 11 Dec 2020
Exit Load: 1% on or before 1Y, Nil after 1Y	AUM: ₹ 2,272.13 Crs
Lock-in: Nil	Investing Style: Large Growth
Portfolio Price To Book Value: 3.57	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 28/2/2026		4.94 %		95.06 %

TOP HOLDINGS

HDFC Bank Ltd.

16.50 %

ICICI Bank Ltd.

13.75 %

State Bank Of India

10.43 %

Axis Bank Ltd.

8.38 %

Kotak Mahindra Bank Ltd.

3.96 %

SBI Life Insurance Company Ltd.

3.37 %

Bajaj Finance Ltd.

3.36 %

Karur Vysya Bank Ltd.

2.86 %

The Federal Bank Ltd.

2.80 %

Aditya Birla Capital Ltd.

2.57 %

See All Holding

ALLOCATION BY MARKET CAP (Equity)

ALLOCATION BY RATING (Debt & Others)

No Data

ALLOCATION BY SECTOR

Bank - Private

51.91 %

Finance - NBFC

12.36 %

Bank - Public

11.65 %

Insurance

7.92 %

Finance - Housing

2.79 %

See All Sectors

PORTFOLIO CHARACTERISTICS (Debt)

No Data

5 YEAR HISTORY

Financial Year	2021-22	2022-23	2023-24	2024-25	2025-26
NAV (20/3/2026)	12.08	12.90	16.38	18.71	19.98
Net Assets (Rs Crores)	99,303.31	1,23,209.46	1,59,375.61	1,84,057.08	2,27,213.21
Scheme Returns(%)(Absolute)	8.56	4.75	26.16	12.52	8.38
B'mark Returns(%)(Absolute)	NA	NA	NA	NA	NA
Category Rank	55/75	35/76	59/90	23/102	15/119

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
Groww Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.94 +-0.03	6/2/2024	₹ 63.94	6.24%	-	-	4.33%
Motilal Oswal Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.24 +-0.02	16/2/2026	₹ 157.58	-	-	-	-7.64%
Helios Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.40 +-0.08	24/6/2024	₹ 207.66	2.16%	-	-	2.28%
Edelweiss Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 8.88 +-0.05	16/2/2026	₹ 230.89	-	-	-	-11.21%
Bajaj Finserv Banking and Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.04 +-0.05	1/12/2025	₹ 413.78	-	-	-	-9.64%
Mahindra Manulife Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.74 +-0.04	18/7/2025	₹ 422.7	-	-	-	-2.62%
WOC Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 11.68 +-0.06	6/2/2024	₹ 582.95	4.87%	-	-	7.60%
Quant BFSI Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 17.40 +-0.07	20/6/2023	₹ 771.0	20.46%	-	-	22.31%
HSBC Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 11.15 +-0.07	27/2/2025	₹ 863.59	7.96%	-	-	10.82%
Bandhan Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 13.48 +-0.07	28/7/2023	₹ 1,114.39	2.01%	-	-	11.94%