Mirae Asset Banking and Financial Services Fund Regular IDCW
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
AUM:
₹ 2,042.45 Cr
Expense Ratio
2.03%
Benchmark
NiftyFinancialServices TRI
ISIN
INF769K01GT7
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 IDCW | 13.24 | 16.55 | - |
| Nifty Financial Services TRI | 17.72 | 14.47 | 20.63 |
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
20.325
Last change
0.04 (0.182%)
Fund Size (AUM)
₹ 2,042.45 Cr
Performance
16.38% (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/- | 26.7 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 17.29 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 7.6 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 7.2 |
| Bajaj Finance Limited | 2.93 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 2.87 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.87 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 2.44 |
| DCB BANK LIMITED EQ | 2.27 |
| THE KARUR VYSYA BANK LIMITED EQ NEW FV RS. 2/- | 1.92 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 98.04 |