Item: Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl

13.457 (0.022%)

NAV on September 09, 2022

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 1,191 cr

Turnover Ratio 6.92%

Expense Ratio 0.69%

Exit Load 1.00% if redeemed within
1 Years 0.00% if redeemed after 1 Years

Returns

1M: 4.57%
1Y: 5.93%
3M: 15.48%
3Y: N/A
6M: 17.76%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Gaurav Kochar (Since almost 2 years)

ISIN INF769K01GW1

Fund Family Mirae Asset

P/E Ratio 18.19

P/B Ratio 2.50

Launch Date December 11, 2020

Benchmark IISL Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs IISL Nifty Financial Services TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino -

Sharpe -

Std Dev -

Risk -

SECTOR WEIGHTINGS (%)

Financial 99.82%

Industrial 0.0%

Technology 0.18%

Basic Materials 0.0%

Consumer Cyclical 0.0%

Utilities Services 0.0%

Healthcare Services 0.00%

Energy Services 0.00%

Communication Services 0.00%

Consumer Defensive 0.00%

Real Estate 0.00%

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

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.580	7.20%	590 cr	1.14%	Average
Taurus Banking & Financial Services Fund Direct Plan Growth Option	39.950	6.59%	9 cr	1.69%	Below Average
SBI Banking & Financial Services Direct Growth	28.221	5.52%	3,721 cr	0.78%	Average
Tata Banking & Financial Services Fund Direct Growth	29.813	2.68%	1,109 cr	0.65%	Low
Invesco India Financial Services Fund Direct Plan Growth	92.240	2.01%	464 cr	1.22%	Low

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Banking & Financial Services Fund Direct Plan - Growth	417.022	11.24%	3,502 cr	1.37%	Above Average
LIC MF Banking & Financial Services Fund Direct Growth	16.398	10.41%	70 cr	1.53%	Below Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.580	7.20%	590 cr	1.14%	Average
SBI Banking & Financial Services Direct Growth	28.221	5.52%	3,721 cr	0.78%	Average
Aditya Birla Sun Life Banking & Financial Services Direct Growth	43.640	3.34%	2,434 cr	1.17%	Above Average