Mirae Asset Banking and Financial Services Fund Regular IDCW
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 11-12-2020
AUM:
₹ 2,085.2 Cr
Expense Ratio
2.02%
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 | 11.11 | 20.12 | - |
| Nifty Financial Services TRI | 15.29 | 18.06 | 20.0 |
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
20.92
Last change
-0.02 (-0.086%)
Fund Size (AUM)
₹ 2,085.2 Cr
Performance
17.35% (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/- | 25.63 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 16.53 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 7.91 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 7.66 |
| Bajaj Finance Limited | 3.38 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 2.8 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 2.58 |
| DCB BANK LIMITED EQ | 2.4 |
| MCX INDIA LIMITED EQ NEW RS. 10/- | 2.36 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.36 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 99.6 |