Mirae Asset Banking and Financial Services Fund Direct IDCW
Expense Ratio: 0.55
Risk: Very High
Equity Scheme - Sectoral/ Thematic
Plan: Direct
Benchmark: Nifty Financial Services TRI
Inception: 25-11-2020
Exit Load: Nil
Fund Size:₹2,205.26 Cr
Performance
1Y
Fund4.94%
Cat. Avg.N/A
2Y
Fund8.43%
Cat. Avg.N/A
3Y
Fund15.01%
Cat. Avg.N/A
5Y
Fund14.37%
Cat. Avg.N/A
10Y
FundN/A
Cat. Avg.N/A
SI
Fund16.49%
Cat. Avg.N/A
Fund Facts
Beta
0.95
Std Dev
12.92%
Taxation
Within 1 Year (STCG (Short Term)):20%
After 1 Year (LTCG (Long Term)):12.5%
*Tax rates as per Finance Act 2024. Surcharge & cess may apply.
Allocation
Visualizing Fund's Exposure
Asset Class
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Market Cap
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Top Sectors
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Asset Class
Market Cap
Top Sectors
Portfolio Holdings
Detailed breakdown of instruments.
Instrument | Val (Cr) | % Assets | |
|---|---|---|---|
| 1 | HDFC Bank Ltd. | 308.97 | 15.64% |
| 2 | ICICI Bank Ltd. | 273.14 | 13.83% |
| 3 | State Bank of India | 193.23 | 9.78% |
| 4 | Axis Bank Ltd. | 165.55 | 8.38% |
| 5 | TREPS | 88.46 | 4.48% |
| 6 | Kotak Mahindra Bank Ltd. | 76.51 | 3.87% |
| 7 | SBI Life Insurance Co. Ltd. | 66.87 | 3.39% |
| 8 | Bajaj Finance Ltd. | 61.36 | 3.11% |
| 9 | Karur Vysya Bank Ltd. | 57.62 | 2.92% |
| 10 | The Federal Bank Ltd. | 55.10 | 2.79% |
Similar Funds
SIP Returns
7th
| Period | SIP Date | Inv(₹) | Val(₹) | Abs(%) | XIRR |
|---|---|---|---|---|---|
| 1Y | 07 Aug, 25 | 60000 | 62266 | +3.8% | +8.0% |
| 2Y | 07 Aug, 24 | 1.20 L. | 1.33 L. | +10.8% | +10.8% |
| 3Y | 07 Aug, 23 | 1.80 L. | 2.15 L. | +19.5% | +12.4% |
| 5Y | 09 Aug, 21 | 3 L. | 4.32 L. | +44.0% | +14.9% |
| SI | 07 Jan, 21 | 3.35 L. | 5.05 L. | +50.7% | +14.9% |
Lumpsum Returns
| Period | Inv Date | Inv(₹) | Val(₹) | Abs(%) | CAGR |
|---|---|---|---|---|---|
| 1Y | 16 Jul, 25 | 1 L. | 1.05 L. | +4.9% | +4.9% |
| 2Y | 16 Jul, 24 | 1 L. | 1.18 L. | +17.6% | +8.4% |
| 3Y | 17 Jul, 23 | 1 L. | 1.50 L. | +50.4% | +14.6% |
| 5Y | 16 Jul, 21 | 1 L. | 1.96 L. | +95.7% | +14.4% |
| SI | 14 Dec, 20 | 1 L. | 2.35 L. | +134.7% | +16.5% |
SIP Planner
Visualize how small monthly investments grow over time.
₹
Years
%
%
Beat inflation and compound wealth faster with an annual step-up.
%
₹
%
Future Value
₹23.80L
With SIP Amount ₹5,000
Total Invested
₹9.00LTotal Gained
₹14.80LSIP Invested₹9.00L
SIP Gain₹14.80L
Lumpsum Inv.₹0
Lumpsum Gain₹0
Reality Check: Your future value will be today's ₹8.62L at inflation rate 7%
Tip: You can set a Goal first in the Goal Planner to calculate SIP targets adjusted for inflation.