Mutual Funds

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

21.28 +0.04
NAV(₹) as on 10/9/2026

0.17%
1D

5.40%
1Y

10.97%
3Y

11.11%
5Y

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

Scheme Details
Expense Ratio: 2.11	Launch Date: 11 Dec 2020
Exit Load: 1% on or before 30D, NIL after 30D	AUM: ₹ 2,356.52 Crs
Lock-in: Nil	Investing Style: Large Growth
Portfolio Price To Book Value: 4.06	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 portfolio that is invested predominantly in equity and equity related securities of companies/Entities engaged in banking and financial services sector. The Scheme does not guarantee or assure any returns.There is no assurance that the investment objective of the Scheme will be achieved.

LATEST ASSET & PORTFOLIO ALLOCATION		Others		Equity
as on 31/8/2026		3.97 %		96.03 %

TOP HOLDINGS

ICICI Bank Ltd.

13.98 %

HDFC Bank Ltd.

13.46 %

State Bank Of India

8.87 %

Axis Bank Ltd.

7.86 %

Kotak Mahindra Bank Ltd.

4.21 %

Bajaj Finance Ltd.

3.43 %

L&T Finance Ltd.

3.04 %

SBI Life Insurance Company Ltd.

2.93 %

KFin Technologies Ltd.

2.91 %

HDB Financial Services Ltd.

2.66 %

See All Holding

ALLOCATION BY MARKET CAP (Equity)

ALLOCATION BY RATING (Debt & Others)

No Data

ALLOCATION BY SECTOR

Bank - Private

49.66 %

Finance - NBFC

13.98 %

Bank - Public

8.87 %

Insurance

7.06 %

Depository Services

4.69 %

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
Groww Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 13.10 +0.00	6/2/2024	₹ 90.55	13.69%	-	-	10.96%
Helios Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 11.53 +0.02	24/6/2024	₹ 210.94	1.05%	-	-	6.64%
Motilal Oswal Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.69 +0.02	16/2/2026	₹ 216.75	-	-	-	6.85%
Bank of India Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.60 +0.02	30/1/2026	₹ 272.89	-	-	-	-4.00%
Mahindra Manulife Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.73 +0.04	18/7/2025	₹ 477.42	9.33%	-	-	6.31%
Bajaj Finserv Banking and Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.70 +0.02	1/12/2025	₹ 499.43	-	-	-	-3.03%
Canara Rob Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 10.87 +0.04	20/3/2026	₹ 656.85	-	-	-	8.70%
WOC Banking & Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 12.88 +0.04	6/2/2024	₹ 665.45	3.55%	-	-	10.24%
Edelweiss Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 9.34 +0.04	16/2/2026	₹ 288.89	-	-	-	-6.59%
HSBC Financial Services Fund-Reg(G) Equity - Sectoral Fund - Banks & Financial Services \| Very High \| 12.52 +0.03	27/2/2025	₹ 962.92	11.05%	-	-	15.78%