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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

2,216 Cr

Lock In Period

N/A

Expense Ratio

2

Benchmark

Nifty Financial Services Total Return

Exit Load

If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL.

Summary

Latest details for Mirae Asset Banking and Financial Services Fund Growth include a 22.383 NAV as of Feb 09,2026 and returns since inception of 67.69%. Minimum investments start at SIP ₹99. The Mirae Asset Banking and Financial Services Fund Growth AUM is ₹2,216 Cr, with a lock-in of N/A years, expense ratio of 2%, and benchmark Nifty Financial Services Total Return. Exit load is - If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL.. In the growth review for 1M Month/Year, the fund recorded 0.00% returns, against a category average of 0.00% and a category best of 0.00%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)

Portfolio Analysis

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As on: 2025-12-31
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About Fund

Mirae Asset Banking and Financial Services Fund Growth managed by Mirae Asset Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹2,216 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2. 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.

Peer Comparison

Fund Name1Y3Y
This FundHDFC Banking & Financial Services Fund Growth19.382363.2183
This FundICICI Prudential ESG Exclusionary Strategy Fund Growth4.245364.6796
This FundMirae Asset Banking and Financial Services Fund Growth22.241967.6852
This FundICICI Prudential PSU Equity Fund Growth16.4391117.1401
This FundNippon India Taiwan Equity Fund Growth67.7168160.3668

FAQs

Mirae Asset Banking and Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Mirae Asset Banking and Financial Services Fund Growth is 2. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Banking and Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : %
  • 6 Months : %
  • 1 Year : %
  • 3 Years : %
Returns of Mirae Asset Banking and Financial Services Fund Growth are updated daily based on NAV of ₹ 22.383 as on Feb 09,2026. Since inception, the return has been 67.69%.

You can invest in Mirae Asset Banking and Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Mirae Asset Banking and Financial Services Fund Growth is ₹2,216 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Banking and Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500