Mirae Asset Banking And Financial Services Fund Direct Growth

Sectoral / ThematicEquityVery High risk Rank 103 of 157

NAV · Direct-Growth

₹23.51+0.01+0.03%

As of 18 Aug 2026 · AMFI

NAV growth+6.5%

Aug ’25Aug ’26

Arthkar verdictSolid on the numbers

Returns

Lags category

0 of 3 periods ahead

Cost

Average

0.52% vs NaN% peers

Volatility

Below average

15.6% vs 17.1% cat (3Y)

Consistency

Strong

positive in 5 of 6 years

Trails its Sectoral / Thematic category on 1Y, 3Y & 5Y — and has been steadier than peers.

1Y return

+6.5%

-3.0 vs cat

3Y CAGR

+14.6%

-2.6 vs cat

5Y CAGR

+14.0%

-0.7 vs cat

AUM

₹2.1K Cr

fund size

Expense

0.52%

direct plan

Volatility 3Y

15.6%

▼ vs 17.1%

Go deeper on Mirae Asset Banking And Financial Services Fund Direct Growth

Two data-only views, computed from this fund's real NAV history — no projections.

Mirae Asset Banking And Financial Services Fund Direct Growth SIP returnsWhat ₹1,000–₹25,000/month actually became, 3 to 20 years — real results, with drawdowns and an FD comparison.Mirae Asset Banking And Financial Services Fund Direct Growth real oddsYour real chances over every start date in history — how often it made money and beat a fixed deposit.

In plain English

Mirae Asset Banking and Financial Services Fund Direct Growth is a Sectoral / Thematic scheme from Mirae Asset. The portfolio is ~95% in equities. Long-run track record: about 14.0% CAGR over 5 years. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -21% in Jun 2022, recovered in 5 months. Wrong fit if you need this money in less than 7 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

Showing Direct · Growth · INF769K01GX9

NAV (Direct-Growth)

₹23.5080

Last 1Y

+6.47%

Aug 25Min ₹20.68 · Max ₹24.55 · 247 ptsAug 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Jun 2022

-21.0%

Peak ₹13.85 on 26 Oct 2021 → trough ₹10.94 on 16 Jun 2022 (8 months down).

Recovered in 5 months· 11 Nov 2022

Mar 2026 — ongoing

-15.8%

Peak ₹24.55 on 18 Feb 2026 → trough ₹20.68 on 30 Mar 2026 (1 months down).

Not yet recovered

Apr 2021

-14.0%

Peak ₹12.01 on 15 Feb 2021 → trough ₹10.32 on 12 Apr 2021 (2 months down).

Recovered in 3 months· 7 Jul 2021

Mar 2025

-12.5%

Peak ₹20.93 on 26 Sept 2024 → trough ₹18.31 on 3 Mar 2025 (5 months down).

Recovered in 2 months· 17 Apr 2025

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

4 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.52% — well below typical 1% for equity.
AUM size
₹2.1K Cr.
Sector concentration
Top 3 sectors = 95.7% — heavy concentration risk.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	-0.31%	-0.40%	113/ 286
1M	-1.78%	+2.47%	271/ 286
3M	+6.23%	+8.01%	179/ 286
6M	-4.22%	+6.33%	263/ 278
YTD	-1.20%	+6.03%	217/ 273
1Y	+6.47%	+9.52%	146/ 258
2Y	+10.32%	+5.82%	41/ 203
3Y	+14.58%	+17.18%	103/ 157
5Y	+14.03%	+14.76%	65/ 125

Portfolio composition

Asset allocation

Equity95.21%
Cash4.79%

By market cap

Large cap60.15%
Mid cap18.47%
Small cap11.45%
Others9.93%

Concentration

Holdings

Avg market cap

₹2.15 L Cr

Top 10 stocks

66.21%

Top 5 stocks

51.50%

Top 3 sectors

95.69%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
HDFC Bank Ltd
—15.64%
1
HDFC Bank Ltd
—15.64%
2
ICICI Bank Ltd
—13.83%
2
ICICI Bank Ltd
—13.83%
3
State Bank of India
—9.78%
3
State Bank of India
—9.78%
4
Axis Bank Ltd
—8.38%
4
Axis Bank Ltd
—8.38%
6
Kotak Mahindra Bank Ltd
—3.87%
6
Kotak Mahindra Bank Ltd
—3.87%
7
SBI Life Insurance Co Ltd
—3.39%
7
SBI Life Insurance Co Ltd
—3.39%
8
Bajaj Finance Ltd
—3.11%
8
Bajaj Finance Ltd
—3.11%
9
Karur Vysya Bank Ltd
—2.92%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio17.6218.31-0.69
P/B ratio2.142.26-0.12
Price / Sales3.673.94-0.27
Price / Cash Flow—0.00—
Dividend yield0.96%0.94%+0.02
Return on equity (ROE)14.05%15.70%-1.65

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
14.6815.9015.9122.8417.0817.14
Sharpe ratio
Risk-adjusted return — higher is better.
0.010.570.590.010.420.45
Sortino ratio
Like Sharpe but only counts downside volatility.
0.010.890.960.020.630.70
Beta
1 = moves with the market. <1 = less volatile.
0.960.960.951.040.980.97

Peers in Sectoral / Thematic

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

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