Mirae Asset Banking and Financial Services Fund Regular Growth
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
AUM:
₹ 1,671.29 Cr
Expense Ratio
2.08%
Benchmark
Nifty Financial Services TRI
ISIN
INF769K01GU5
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
1000
Fund Manager
Gaurav Kochar
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular Growth | 26.35 | 15.81 | - |
| NiftyFinancialServices TRI | 16.51 | 11.58 | 11.72 |
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
18.043
Last change
0.12 (0.6595%)
Fund Size (AUM)
₹ 1,671.29 Cr
Performance
18.31% (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 Ltd. | 17.81 |
| ICICI Bank Ltd. | 16.49 |
| State Bank of India | 9.28 |
| Axis Bank Ltd. | 7.7 |
| The Federal Bank Ltd. | 6.18 |
| India Shelter Finance Corporation Ltd. | 3.71 |
| Shriram Finance Ltd | 3.14 |
| LIC Housing Finance Ltd. | 3.05 |
| Fusion Micro Finance Ltd. | 2.89 |
| Bajaj Finance Ltd. | 2.77 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial | 94.35 |
| Insurance | 4.37 |
| Services | 0.71 |
| Others | 0.56 |
| N/A | 0.01 |