Mirae Asset Banking and Financial Services Fund Regular Growth

Equity
Sectoral / Thematic
Very High Risk
1M
6M
1Y
All
NAV: 06 Dec 2023₹16.25
Min. SIP amountNot Supported
RatingNA
Fund size₹1,445.28Cr

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 / Thematic
Absolute returns
3M6M1YAll
Fund returns0.8%9.7%12.3%53.0%
Category averageNANA15.3%NA
Rank with in category231311NA
Understand terms

Holdings (25)

NameSectorInstrumentAssets
FinancialEquity21.5%
FinancialEquity17.1%
FinancialEquity10.0%
FinancialEquity8.2%
FinancialEquity4.7%
InsuranceEquity3.5%
FinancialEquity3.2%
FinancialEquity3.0%
FinancialEquity2.8%
FinancialEquity2.7%
See All

Expense ratio, exit load and tax

Expense ratio: 2.10%

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 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 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
26 Apr 2019
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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