Mirae Asset Banking and Financial Services Fund Direct IDCW

Mirae Asset Banking and Financial Services Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Harshad Borawake is the Current Fund Manager of Mirae Asset Banking and Financial Services Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,08,110 Cr and the Latest NAV as of 25 Sep 2025 is ₹21.80. The Mirae Asset Banking and Financial Services Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within one year. ;

Investment Objective

The scheme seeks 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. ;