NSE ScannerMirae Asset Mutual Fund · Equity · Sectoral / Thematic · Direct plan
Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth
₹21.935NAV on 30 Oct 2026Expense ratio 0.78%
29 Oct 2025NAV low 20.68 · high 24.55-5.7%
In plain words
Over 3 years it returned +11.8% a year, against +7.4% for its benchmark index.
Its worst fall from a peak in the last 3 years was -15.8%.
On 3-year return it ranks 82 of 139 funds in Sectoral / Thematic.
A monthly SIP over 5 years ended ₹31,661 higher in the direct plan than the regular plan, because of the lower expense ratio.
Past returns, not a promise of future returns or a recommendation.
Returns vs benchmark
| Period | Fund | Benchmark |
|---|---|---|
| 1 month | -1.4% | +1.9% |
| 3 months | -6.0% | -5.1% |
| 6 months | -2.6% | -3.2% |
| 1 year | -5.2% | -10.2% |
| 3 years (yearly) | +11.8% | +7.4% |
| 5 years (yearly) | +10.6% | +6.5% |
| Since start (yearly) | +14.2% | +11.2% |
Monthly SIP of ₹10,000
| Period | Invested | Value now | Yearly return |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,13,785 | -8.4% |
| 3 years | ₹3,60,000 | ₹3,91,204 | +5.2% |
| 5 years | ₹5,90,000 | ₹7,69,148 | +10.4% |
Top holdings (30 Sept 2026)
Fund size ₹2,196 crore · 30 holdings · 97.9% in equity
| Company | Industry | Weight |
|---|---|---|
| HDFC Bank Ltd. | Banks | 14.44% |
| ICICI Bank Ltd. | Banks | 13.63% |
| State Bank of India | Banks | 8.62% |
| Axis Bank Ltd. | Banks | 7.96% |
| Kotak Mahindra Bank Ltd. | Banks | 4.49% |
| Bajaj Finance Ltd. | Finance | 3.87% |
| SBI Life Insurance Co. Ltd. | Insurance | 3.45% |
| Multi Commodity Exchange of India Ltd. | Capital Markets | 2.97% |
| Kfin Technologies Ltd. | Capital Markets | 2.93% |
| HDB Financial Services Ltd. | Finance | 2.74% |
| L&T Finance Ltd. | Finance | 2.69% |
| Karur Vysya Bank Ltd. | Banks | 2.62% |
| Aditya Birla Capital Ltd. | Finance | 2.62% |
| Canara HSBC Life Insurance Co.Ltd. | Insurance | 2.13% |
| Shriram Finance Ltd. | Finance | 2.10% |
Largest industries: Banks 58.4%, Finance 17.8%, Capital Markets 11.3%, Insurance 7.7%, Financial Technology (Fintech) 2.6%.
Other plan of this fund: Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth