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Mirae Asset Banking&Financial Services Fund Direct Growth

Equity | Sectoral / Thematic

NAV

₹19.01 20 Jan 2025

Risk

Very High  

Fund Size

₹1,799.51Cr  

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹1

Min SIP Amount

₹99

Min Additional Amount

₹1,000

Exit Load

1.00%: If units Redeemed or Switched Out within 1 year (365 days) from the date of allotment. Nil after 1 year (365 Days).

Basic Details

Age

4 years 1 months (Since Dec 11, 2020)

Return since Launch

16.90%

Expense ratio

0.62%

Type

OPEN

AUM (Fund Size)

₹1,799.51

Risk Grade

Very High

Benchmark

Nifty Financial Services TRI

Fund Manager

Gaurav Kochar

Asset Allocation

HDFC Bank 17.72%

ICICI Bank 16.23%

St Bk of India 8.06%

Axis Bank 6.43%

Federal Bank 4.74%

Bajaj Finance 4.38%

INDIA SHELTE FIN 4.15%

Kotak Mah. Bank 2.71%

SBI Life Insuran 2.69%

General Insuranc 2.66%

LIC Housing Fin. 2.35%

Shriram Finance 2.24%

L&T Finance Ltd 2.16%

DCB Bank 2.13%

IIFL Finance 1.84%

CARE Ratings 1.79%

Power Fin.Corpn. 1.75%

Multi Comm. Exc. 1.70%

Utkarsh Small F. 1.65%

Max Financial 1.56%

Go Digit General 1.52%

Chola Financial 1.36%

KFin Technolog. 1.32%

Bank of Baroda 1.31%

IndusInd Bank 1.13%

Zaggle Prepaid 1.10%

Karnataka Bank 1.02%

Five-Star Bus.Fi 0.89%

REC Ltd 0.46%

One 97 0.00%

See All

TREPS 1.07%

Net CA & Others -0.13%

See All
Scheme Holding Summary

Banks

63.14%

Finance

23.13%

Insurance

6.87%

Financial Services

3.02%

Credit Rating Agencies

1.79%

IT - Software

1.10%

Debt Others

0.94%

E-Commerce/App based Aggregator

0.00%

See All

Banks

HDFC Bank 17.72%

ICICI Bank 16.23%

St Bk of India 8.06%

Axis Bank 6.43%

Federal Bank 4.74%

Kotak Mah. Bank 2.71%

DCB Bank 2.13%

Utkarsh Small F. 1.65%

Bank of Baroda 1.31%

IndusInd Bank 1.13%

Karnataka Bank 1.02%

Finance

Bajaj Finance 4.38%

INDIA SHELTE FIN 4.15%

LIC Housing Fin. 2.35%

Shriram Finance 2.24%

L&T Finance Ltd 2.16%

IIFL Finance 1.84%

Power Fin.Corpn. 1.75%

Max Financial 1.56%

Chola Financial 1.36%

Five-Star Bus.Fi 0.89%

REC Ltd 0.46%

Insurance

SBI Life Insuran 2.69%

General Insuranc 2.66%

Go Digit General 1.52%

Credit Rating Agencies

CARE Ratings 1.79%

Financial Services

Multi Comm. Exc. 1.70%

KFin Technolog. 1.32%

IT - Software

Zaggle Prepaid 1.10%

Debt Others

TREPS 1.07%

Net CA & Others -0.13%

E-Commerce/App based Aggregator

One 97 0.00%

See All
Riskometer Level of risk in the scheme
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High

Your investment will be at Very High Risk

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Registration Details
Torus Digital Private Limited

IRDAI registration No : CA0834 , CIN:- U72900MH2021PTC359702

 
Torus Financial Markets Private Limited

SEBI Registration No’s:-  StockBroker-INZ000299936 | CDSL DP IN-DP-664-2022 | Research Analyst – INH000008695

AMFI ARN (Corporate):- 241161 | BSE MFD :- 56221

BSE Member ID (Cash & Derivative):- 6761 |
NSE Member ID (Cash & Derivative):- 90245, CMID:M70022

CIN:- U65990MH2021PTC356714

 
Registered & Correspondence Address
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Torus Digital Private Limited/
Torus Financial Markets Private Limited
2nd floor, ICC Chambers-II, Saki Vihar Road, Near MTNL office, Powai, Mumbai - 400072

©2025, Torus Digital Private Limited. All Rights Reserved.

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