Mirae Asset Banking and Financial Services Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
Sensex:
BankFD:
Showing Funds Performance since Sep 07, 2020
Mirae Asset Banking and Financial Services Fund Growth Fund Overview
SIP ₹99 & Lump. ₹5000
₹2,357 Cr
N/A
2.11
If redeemed within 1 month (30 days) from the date of allotment: 1%If redeemed after 1 month (30 days) from the date of allotment: NIL
Nifty Financial Services Total Return
Mirae Asset Banking and Financial Services Fund Growth Calculate Returns
You would have got
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -6.53 | -1.16 | -4.83 |
| 6M | 6.78 | 4.41 | 19.87 |
| 1Y | 0.67 | 4.25 | 11.62 |
| 3Y | 9.76 | 13.74 | 46.93 |
Portfolio Analysis
- Equity: 96.03%
- Debt: 3.98%
- Others
About Fund Mirae Asset Banking and Financial Services Fund Growth
Mirae Asset Banking and Financial Services Fund Growth managed by Mirae Asset Mutual Fund,is a Banking and Financial Services Fundsscheme with Assets Under Management of ₹2,357 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.11. Under the expert guidance of Harshad Borawake ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.
Fund Managers
Harshad Borawake
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.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| ITI Banking and Financial Services Fund Growth | 1 | 388 CR | 2.82 |
| Kotak Banking & Financial Services Fund Growth | 2 | 1,560 CR | 2.25 |
| Mirae Asset Banking and Financial Services Fund Growth | 4 | 2,356 CR | 2.11 |
| HDFC Banking & Financial Services Fund Growth | 2 | 4,687 CR | 2 |
| Bandhan Financial Services Fund Growth | 0 | 1,122 CR | 2.47 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundITI Banking and Financial Services Fund Growth | 2.3905 | 27.3035 |
| This FundKotak Banking & Financial Services Fund Growth | 0.8923 | 31.0863 |
| This FundMirae Asset Banking and Financial Services Fund Growth | 0.6685 | 32.2469 |
| This FundHDFC Banking & Financial Services Fund Growth | 2.3617 | 32.9421 |
| This FundBandhan Financial Services Fund Growth | -1.2607 | 40.0196 |
Mirae Asset Banking and Financial Services Fund Growth FAQs
- 1 Month : -6.53%
- 6 Months : 6.78%
- 1 Year : 0.67%
- 3 Years : 9.76%
