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Mirae Asset Banking&Financial Services Fund (G)

Sectoral / Thematic • OPEN
NAV as of May 18, 2026
₹20.34
1 day change
Returns since inception
13.90%
CAGR
AUM (Fund size)
₹2,174 Cr
NAV: ₹ 20.34
as on May 18, 2026
Mirae Asset Banking&Financial Services Fund (G)

Mirae Asset Banking&Financial Services Fund (G) Overview

AUM (Fund size) ₹ 2,174 Cr
Expense ratio 2.05 %
Exit load 1.00%: If units Redeemed or Switched Out within 1 year (365 days) from the date of allotment. Nil after 1 year (365 Days).
Plan type Regular Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty Financial Services TRI
Min. investment SIP: ₹100    Lumpsum: ₹5,000
Age 5 yrs 5 m since Nov 25, 2020
Tax implication STCG Tax: 15% if redeemed before 1 Year, LTCG Tax: 10% without indexation benefit exceeding Rs. 1 lakh post 1 Year

Holdings Distribution

Banks
61.74%
Finance
16.30%
Insurance
8.46%
Capital Markets
6.91%
Debt
4.48%

Top Holdings

HDFC Bank 15.64%
ICICI Bank 13.83%
SBI 9.78%
Axis Bank 8.38%
TREPS 4.48%
Kotak Mah. Bank 3.87%
SBI Life Insuran 3.39%
Bajaj Finance 3.11%
Karur Vysya Bank 2.92%
Federal Bank 2.79%

Scheme Information

Mirae Asset Banking&Financial Services Fund (G) was launched on 25/11/2020. The fund manages ₹2,174 Cr in assets. Its current expense ratio is 2.05%.

Fund Manager: Abhijith Vara

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FAQs on Mirae Asset Banking&Financial Services Fund (G)

The current expense ratio of Mirae Asset Banking&Financial Services Fund (G) is 2.05%.

The AUM of Mirae Asset Banking&Financial Services Fund (G) is ₹2,174 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Mirae Asset Banking&Financial Services Fund (G) allows both SIP and lump sum investments.

The latest NAV is ₹20.34.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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