Mirae Asset Banking and Financial Services Fund Regular Growth

Equity
Sectoral
Very High Risk
10.90%
3Y annualised
+1.61% 1D
1M
6M
1Y
3Y
All
NAV: 14 Jan 2025₹17.61
Min. SIP amountNot Supported
Rating3
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
6M1Y3YAll
Fund returnsNA5.6%10.9%14.8%
Category averageNA4.2%11.4%NA
Rank with in categoryNA1211NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
FinancialEquity17.72%
FinancialEquity16.23%
FinancialEquity8.06%
FinancialEquity6.43%
FinancialEquity4.74%
FinancialEquity4.38%
FinancialEquity4.15%
FinancialEquity2.71%
InsuranceEquity2.69%
InsuranceEquity2.66%
FinancialEquity2.35%
FinancialEquity2.24%
FinancialEquity2.16%
FinancialEquity2.13%
FinancialEquity1.84%
ServicesEquity1.79%
FinancialEquity1.75%
ServicesEquity1.70%
FinancialEquity1.65%
FinancialEquity1.56%
InsuranceEquity1.52%
FinancialEquity1.36%
FinancialEquity1.32%
FinancialEquity1.31%
FinancialEquity1.13%
TechnologyEquity1.10%
FinancialEquity1.02%
FinancialEquity0.89%
FinancialEquity0.46%
ServicesEquity0.00%
See All

Expense ratio, exit load and tax

Expense ratio: 2.07%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within one year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

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
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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