1M
6M
1Y
3Y
All
| NAV: 14 Nov 2024 | ₹19.30 |
| Min. SIP amount | ₹99 |
| Rating | 4 |
| Fund size | ₹1,882.18Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 19.7% | 12.9% | 18.2% |
| Category average | NA | 22.5% | 12.4% | NA |
| Rank with in category | NA | 10 | 6 | NA |
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Holdings (29)
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Pros and cons
Category: Equity Sectoral
Pros
Lower expense ratio: 0.61%
3Y annualised returns higher than category average by 0.52%
Higher alpha: 3.46
The fund has generated returns higher than benchmark - NIFTY Financial Services Total Return Index - in the last 3Y
Cons
1Y annualised returns lower than category average by 2.85%
Expense ratio, exit load and tax
Expense ratio: 0.61%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within one year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Gaurav KocharNov 2020 - PresentView details
Gaurav Kochar
Nov 2020 - Present
View details
Education
Mr. Kochar is a Chartered Accountant
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Kotak Bank as an Internal Auditor for 3 years, later worked for almost 2.5 years in Ambit Capital as a Research Analyst – Banking.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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