Mutual Fund

Fund Card

Mirae Asset Banking and Financial Services Fund-Reg(G)

very highequitybanks & financial services

16.84 0.21(1.28%) NAV as on 22 Apr 2024

3.78 % 1 M

27.05 % 1 Y

16.69 % 3 Y

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

FUND OBJECTIVE

The investment objective of the scheme is to generate long-term capital appreciation from a portfoliothat is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.

SCHEME DETAILS

Expenses Ratio :

2.08

As on 31 Mar, 2024

Age :

3 yrs 4 m

Since 11 12 ,2020

Exit Load :

AUM :

1,593.76 Crs

Lock-in :

1% on or before 1Y, Nil after 1Y

Investing Style :

Large Growth

Portfolio Price To Book Value :

2.94

Min. Investment :

SIP 500 & Lumpsum 5000

Scheme Benchmark :

S&P BSE SENSEX - TRI

Fund Manager :

Gaurav Kochar

LATEST ASSET & PORTFOLIO ALLOCATION

as on Mar 31 ,2024

Others 0.70 %

Equity 99.30 %

TOP HOLDINGS

HDFC Bank Ltd.18.57 %

ICICI Bank Ltd.18.12 %

State Bank Of India9.43 %

Axis Bank Ltd.6.86 %

The Federal Bank Ltd.6.00 %

See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Bank - Private	56.53
Finance - NBFC	11.36
Bank - Public	10.78
Finance - Housing	6.57
Finance - Others	3.61

See All Sectors

5-YEARS HISTORY

Financial Year	2020-2021	2021-2022	2022-2023	2023-2024
NAV in Rs (as on 31-Mar-2024)	11.00	12.08	12.90	16.38
Net Assets(Rs Crores) (as on 31-Mar-2024)	514.70	993.03	1232.09	1593.76
Scheme Returns(%)(Absolute)	10.01	8.56	4.75	26.16
B'mark Returns(%)(Absolute)	NA	NA	NA	NA
Category Rank	65/75	55/75	35/76	59/90

RISKOMETER Level of Risk in the Scheme

Investors understand that their principal will be at very high risk

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Mirae Asset Banking and Financial Services Fund-Reg(G)Very HighEquity16.840.21(1.28%)NAV As on 22 Apr, 2024	11-Dec-2020Inception Date	1,593.76AUM In Cr.	27.05%1Y	16.69%3Y	NA%5Y	16.75%Since Inception
Nippon India Banking & Financial Services Fund(G)Very HighEquity519.515.69(1.11%)NAV As on 22 Apr, 2024	26-May-2003Inception Date	5,307.29AUM In Cr.	31.87%1Y	23.02%3Y	13.15%5Y	20.78%Since Inception
Invesco India Financial Services Fund(G)Very HighEquity111.201.67(1.52%)NAV As on 22 Apr, 2024	14-Jul-2008Inception Date	743.52AUM In Cr.	37.45%1Y	19.62%3Y	14.70%5Y	16.49%Since Inception
Aditya Birla SL Banking & Financial Services Fund-Reg(G)Very HighEquity51.760.62(1.21%)NAV As on 22 Apr, 2024	14-Dec-2013Inception Date	2,989.64AUM In Cr.	30.18%1Y	17.55%3Y	12.36%5Y	17.19%Since Inception
ICICI Pru Banking & Fin Serv Fund(G)Very HighEquity109.440.76(0.70%)NAV As on 22 Apr, 2024	22-Aug-2008Inception Date	7,489.91AUM In Cr.	23.87%1Y	16.47%3Y	10.95%5Y	16.49%Since Inception