Mirae Asset Banking and Financial Services Fund Growth

Equity
Sectoral
Very High Risk
15.52%
3Y annualised
+0.27% 1D
1M
6M
1Y
3Y
All
NAV: 05 Sep 2025
₹20.02
Rating
3
Min. SIP amount
Not Supported
Fund size
₹2,042.45Cr

Return calculator

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

Holdings (31)

NameSectorInstrumentAssets
FinancialEquity26.70%
FinancialEquity17.29%
FinancialEquity7.60%
FinancialEquity7.20%
FinancialEquity2.93%
InsuranceEquity2.87%
FinancialEquity2.87%
FinancialEquity2.44%
FinancialEquity2.27%
FinancialEquity1.92%
FinancialEquity1.88%
FinancialEquity1.86%
FinancialEquity1.71%
FinancialEquity1.70%
InsuranceEquity1.56%
ServicesEquity1.42%
FinancialEquity1.41%
FinancialEquity1.34%
FinancialEquity1.26%
InsuranceEquity1.13%
FinancialEquity1.05%
ServicesEquity1.05%
FinancialEquity1.00%
FinancialEquity0.96%
FinancialEquity0.77%
FinancialEquity0.76%
FinancialEquity0.73%
FinancialEquity0.71%
FinancialEquity0.57%
FinancialEquity0.56%
FinancialEquity0.52%
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 returnsNA6.2%15.5%15.8%
Category averageNA4.4%14.2%NA
Rank with in categoryNA79NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 2.04%

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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