Mirae Asset Banking and Financial Services Fund Regular IDCW
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
AUM:
₹ 2,173.94 Cr
Expense Ratio
2.05%
Benchmark
Nifty Financial Services Index (TRI)
ISIN
INF769K01GT7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Abhijith Vara
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Regular IDCW | 0.09 | 12.51 | 11.5 |
| Nifty Financial Services TRI | -3.75 | 9.82 | 9.32 |
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
20.252
Last change
0.07 (0.321%)
Fund Size (AUM)
₹ 2,173.94 Cr
Performance
13.73% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment 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 engaged in banking and financial services sector. The Scheme does not guarantee or assure any returns.
Fund Manager
Mr. Abhijith Vara
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 15.88 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 13.16 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 9.7 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 8.32 |
| Kotak Mahindra Bank Limited | 3.82 |
| TREPS | 3.45 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 3.32 |
| Bajaj Finance Limited | 3.3 |
| THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- | 2.8 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 2.69 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 96.57 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Banking and Fin Services Reg IDCW | 11.5 |