Mirae Asset Banking and Financial Services Fund Regular Growth
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
AUM:
₹ 1,998.25 Cr
Expense Ratio
2.05%
Benchmark
NiftyFinancialServices TRI
ISIN
INF769K01GU5
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Gaurav Kochar
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular Growth | 13.3 | 24.25 | - |
| NiftyFinancialServices TRI | 19.11 | 21.95 | 22.29 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
20.443
Last change
0.17 (0.8414%)
Fund Size (AUM)
₹ 1,998.25 Cr
Performance
17.16% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.
Fund Manager
Gaurav Kochar
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 23.48 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 17.48 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 8.37 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 7.39 |
| BAJAJ FINANCE LIMITED EQ NEW FV RS. 2/- | 3.74 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 2.88 |
| DCB BANK LIMITED EQ | 2.39 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.3 |
| THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- | 2.02 |
| AADHAR HOUSING FINANCE LIMITED EQ | 1.88 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 98.42 |
| N/A | 1.58 |