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NAV as on Jun 12, 2026
Benchmark
Nifty Financial Services Total Return
Expense Ratio
0.61%
Fund Category
Equity - Sectoral/Thematic
Fund Size
Rs 2,147 Crores
Exit Load
1.00%
Min. Investment
Rs 5,000
Nav Chart
Source: Dion Global
Asset Allocation
Source: Dion Global
Sector Allocation
Source: Dion Global
Mirae Asset Banking and Financial Services Fund - Direct Plan - IDCW Fund Details
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 House
Return Since Launch
15.98%
Launch Date
Nov 25, 2020
Type
Open Ended
Riskometer
Very High
Source: Dion Global
Ratio Analysis
Standard Deviation
12.92 vs 13.84
Fund Vs Category Avg
Beta
0.95 vs 0.90
Fund Vs Category Avg
Sharpe Ratio
0.77
Category Avg
Portfolio Turnover Ratio
48.39
Category Avg
Source: Dion Global
Top Holdings
Name | Assets (%) | Sector | Instrument |
|---|---|---|---|
| 15.88 | Equity | ||
| 13.16 | Equity | ||
| 9.70 | Equity | ||
| 8.32 | Equity | ||
| 3.82 | Equity | ||
| 3.32 | Equity | ||
| 3.30 | Equity | ||
| 2.80 | Equity | ||
| 2.69 | Equity | ||
| 2.55 | Equity |
Source: Dion Global
Jun 12, 2026
Performance Analysis
1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | SI | |
|---|---|---|---|---|---|---|---|---|---|
| Fund Returns (%) | 3.01 | 3.17 | 1.31 | -4.11 | 3.47 | 15.04 | 13.97 | NA | 15.98 |
| Category Average (%) | 0.39 | 1.73 | 6.38 | 0.15 | 3.41 | 7.86 | 5.30 | NA | 9.75 |
| Rank within Category | 64 | 153 | 878 | 676 | 393 | 262 | 164 | NA | 265 |
Source: Dion Global
* Returns over 1 year are CAGR
Peer Comparision
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23.73 | 36,478 | 0.42 | 1.06 | -7.81 | -13.33 | -7.84 | 9.23 | 9.40 | NA | 12.37 | 0.67 | |
| 18.34 | 15,798 | -0.97 | -3.07 | -1.34 | -13.90 | -8.71 | 6.32 | 9.50 | NA | 11.90 | 0.75 | |
| 112.90 | 13,358 | -2.92 | -3.09 | -0.86 | -20.39 | -21.94 | 3.24 | 1.87 | 10.26 | 19.78 | 1.01 | |
| 66.89 | 10,643 | 2.72 | 1.76 | 1.46 | -14.38 | -10.19 | 2.78 | 2.22 | 5.84 | 15.18 | 1.02 | |
| 43.22 | 10,375 | 2.72 | 1.88 | 0.99 | -5.57 | 3.21 | 17.82 | 13.65 | 15.13 | 13.86 | 0.77 | |
| 11.43 | 10,338 | -0.07 | 0.83 | 5.83 | 2.28 | 7.89 | NA | NA | NA | 6.64 | 0.82 | |
| 28.67 | 9,724 | -0.18 | 4.41 | 13.20 | 22.36 | 12.07 | 41.82 | NA | NA | 41.56 | 0.83 | |
| 11.38 | 8,906 | -1.35 | 0.71 | 5.78 | 6.66 | 6.40 | NA | NA | NA | 5.81 | 0.79 | |
| 39.80 | 8,724 | -1.19 | -2.14 | 2.21 | -3.92 | -9.06 | 13.02 | 9.13 | 7.51 | 10.82 | 0.56 | |
| 165.49 | 8,636 | 0.92 | 1.56 | 5.37 | -2.20 | -2.13 | 14.54 | 7.72 | 9.03 | 23.20 | 0.93 |
Source: Dion Global
Jun 12, 2026
Return Calculator
Over the past
Invested
₹5000
- Invested Amount
- Estimated Return
Total investment of ₹5000
Would have become ₹5,174 (+3.47%)
Fund Manager
Mr. Harshad Borawake is MBA(Finance) & B.E.(Polymers) Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
View MoreHere is the list of funds managed by Harshad Borawake
Scheme Name(IDCW Direct) | Category | NAV(Rs) | AUM(Rs Cr) | 1Y(%) | 5Y(%) |
|---|---|---|---|---|---|
| Hybrid - Aggressive | 20.68 | 9,285 | -1.54 | 3.21 | |
| Hybrid - Multi Asset Allocation | 13.71 | 3,423 | 11.65 | NA | |
| Equity - Sectoral/Thematic | 22.59 | 2,147 | 3.47 | 13.97 | |
| Hybrid - Dynamic Asset Allocation/Balanced Advantage | 13.89 | 2,082 | -4.60 | NA | |
| Hybrid - Equity Savings | 13.45 | 1,950 | -3.71 | 0.62 |
Source: Dion Global
Jun 12, 2026
Top Performing Related Funds
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 79.84 | 42,792 | 0.51 | 1.63 | 3.81 | -11.00 | -5.09 | 6.44 | 3.67 | 9.96 | 16.70 | 0.58 | |
| 64.27 | 37,692 | 1.34 | 2.32 | 2.26 | -14.54 | -9.54 | 4.72 | 6.46 | 9.64 | 14.84 | 0.57 | |
| 25.90 | 25,374 | 0.71 | 2.73 | 4.63 | -18.13 | -13.37 | 3.26 | 2.16 | 9.31 | 9.52 | 0.66 | |
| 26.88 | 19,003 | -0.16 | 1.36 | 6.99 | -8.88 | -1.69 | 10.21 | 7.23 | NA | 15.47 | 0.59 | |
| 20.68 | 9,285 | 0.49 | 0.54 | 0.62 | -4.52 | -1.54 | 5.09 | 3.21 | 7.08 | 6.91 | 0.46 | |
| 23.55 | 6,520 | 0.56 | 2.65 | 5.74 | -9.72 | -7.79 | 4.77 | 6.04 | NA | 12.86 | 0.65 |
Source: Dion Global
Jun 12, 2026
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