Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth

Mirae Asset Mutual Fund · Sectoral/Thematic · Direct · Growth4/5 ★

NAV · as of 11/09/2026

23.30

+0.18%

+6.76%

Key stats

Expense ratio: 0.54%
AUM: ₹2.31 K Cr
Launched: 11/12/2020
Fund manager: Abhijith Vara
Portfolio turnover: 0.22%
Risk: Very High Risk
Min lump-sum: ₹5,000
Min SIP: ₹99/mo
Fresh lump-sum: Accepted
Fresh SIP: Accepted

NAV history

Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth

13/08/2026 to 11/09/2026

O - H - L -

1W-1.55%

1M-1.45%

3M+2.71%

6M+6.34%

1Y+6.76%

3Y+12.70%

5Y+12.84%

MAX+132.29%

Top holdings

34 disclosed

1.
HDFC Bank Ltd
Financial Services
14.51%
2.
ICICI Bank Ltd
Financial Services
14.10%
3.
State Bank of India
Financial Services
8.79%
4.
Axis Bank Ltd
Financial Services
7.60%
5.
Kotak Mahindra Bank Ltd
Financial Services
4.00%
6.
Bajaj Finance Ltd
Financial Services
3.79%
7.
SBI Life Insurance Co Ltd
Financial Services
3.23%
8.
Aditya Birla Capital Ltd
Financial Services
3.18%
9.
L&T Finance Ltd
Financial Services
3.01%
10.
The Federal Bank Ltd
Financial Services
2.76%
11.
Karur Vysya Bank Ltd
Financial Services
2.64%
12.
PB Fintech Ltd
Financial Services
2.43%
13.
HDB Financial Services Ltd
Financial Services
2.29%
14.
Shriram Finance Ltd
Financial Services
2.13%
15.
Equitas Small Finance Bank Ltd Ordinary Shares
Financial Services
2.09%
16.
Canara HSBC Life Insurance Co Ltd
Financial Services
2.00%
17.
KFin Technologies Ltd
Technology
1.99%
18.
Home First Finance Co India Ltd
Financial Services
1.93%
19.
CRISIL Ltd
Financial Services
1.80%
20.
Treps
1.79%
21.
Central Depository Services (India) Ltd
Financial Services
1.73%
22.
IndusInd Bank Ltd
Financial Services
1.68%
23.
DCB Bank Ltd
Financial Services
1.53%
24.
CARE Ratings Ltd
Financial Services
1.29%
25.
Power Finance Corp Ltd
Financial Services
1.29%
26.
Pine Labs Ltd
Technology
1.21%
27.
Go Digit General Insurance Ltd
Financial Services
1.17%
28.
Billionbrains Garage Ventures Ltd
Financial Services
1.01%
29.
General Insurance Corp of India
Financial Services
0.91%
30.
Multi Commodity Exchange of India Ltd
Financial Services
0.91%
31.
Aadhar Housing Finance Ltd
Financial Services
0.53%
32.
Cholamandalam Financial Holdings Ltd
Financial Services
0.32%
33.
BSE Ltd
Financial Services
0.32%
34.
Net Receivables / (Payables)
0.03%

Sector allocation

Financial Services94.98%
Technology3.21%
Unclassified1.82%

Comparable peers

SBI Healthcare Opportunities Growth Direct Plan
SBI Healthcare Opportunities (G) · ₹5.80 K Cr AUM
1Y+22.13%
3Y+24.61%
-
Mirae Asset Healthcare Growth Direct Plan
Mirae Healthcare (G) · ₹3.44 K Cr AUM
1Y+20.35%
3Y+23.20%
-
UTI Healthcare Growth Direct Plan
UTI Healthcare (G) · ₹1.44 K Cr AUM
1Y+17.28%
3Y+24.42%
-
HDFC Transportation & Logistics Growth Direct Plan
HDFC Transportation & Logistics (G) · ₹1.96 K Cr AUM
1Y+9.79%
3Y+25.46%
-
Mirae Asset Banking & Financial Services Growth Direct Plan
Mirae Banking & Financial Services (G) · ₹2.31 K Cr AUM
1Y+6.93%
3Y+12.62%
-

Investment objective

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector. The Scheme does not guarantee or assure any returns.

Scheme details

Scheme code: 148623
Fund house: Mirae Asset Mutual Fund
Category: Open Ended
Type: Equity Schemes
Sub-category: Sectoral/Thematic
Plan: Direct
Return type: Growth
ISIN (Growth): INF769K01GX9
ISIN (Div. Reinvest): -
Tradable on exchange: No

Kuvera page