Mirae Asset Banking and Financial Services Fund IDCW

Equity
Sectoral
Very High Risk
Payout
+15.68%
3Y annualised
+0.46% 1D
1M
6M
1Y
3Y
All
NAV: 15 Sep 2025
₹20.41
Rating
3
Min. SIP amount
Not Supported
Fund size
₹1,975.29Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (30)

NameSectorInstrumentAssets
FinancialEquity27.19%
FinancialEquity17.12%
FinancialEquity8.02%
FinancialEquity7.28%
FinancialEquity3.01%
FinancialEquity2.94%
InsuranceEquity2.94%
FinancialEquity2.74%
FinancialEquity2.14%
FinancialEquity2.02%
FinancialEquity1.97%
FinancialEquity1.93%
FinancialEquity1.89%
FinancialEquity1.81%
InsuranceEquity1.56%
FinancialEquity1.48%
ServicesEquity1.35%
FinancialEquity1.35%
FinancialEquity1.18%
FinancialEquity1.14%
InsuranceEquity1.08%
ServicesEquity1.04%
FinancialEquity1.01%
FinancialEquity0.94%
FinancialEquity0.81%
FinancialEquity0.72%
FinancialEquity0.72%
FinancialEquity0.65%
FinancialEquity0.56%
FinancialEquity0.55%
See All

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Returns and rankings

Category: Equity Sectoral
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.9%15.7%16.1%
Category averageNA6.3%14.1%NA
Rank with in categoryNA109NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 2.03%

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%.

Understand terms
Check past data

Fund management

Harshad Borawake
Jun 2025 - Present
View details

Education
Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience
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.
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
NA
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,

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