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Mirae Asset Banking&Financial Services Fund Direct Growth

NAV ₹23.65 as on 16 Jul 2026

RiskVery High

Fund Size₹2,304.89Cr

NAV₹23.65 as on 16 Jul 2026
RiskVery High
Fund Size₹2,304.89Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹99

Min Additional Amount

₹1,000

Exit Load

IF REDEEMED WITHIN 1 MONTH (30 DAYS) FROM THE DATE OF ALLOTMENT: 1% IF REDEEMED AFTER 1 MONTH (30 DAYS) FROM THE DATE OF ALLOTMENT: Nil

Basic Details

Age

5 years 7 months (Since Dec 11, 2020)

Return since Launch

16.62%

Expense ratio

0.69%

Type

OPEN

AUM (Fund Size)

₹2,304.89

Risk Grade

Very High

Benchmark

Nifty Financial Services TRI

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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Asset Allocation

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Scheme Holding Summary

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RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Very High Risk

Fund house & investment objective
Rank (total assets)#10 in India
Total AUM₹2,32,231.51Cr
Date of Incorporation20 Nov 2006
Mirae Asset Banking&Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 11 Dec 2020. The fund currently has an Asset Under Management(AUM) of ₹2,32,231.51 Cr and the Latest NAV as of 16 Jul 2026 is ₹23.65.
The Mirae Asset Banking&Financial Services Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹99 . Minimum Lumpsum Investment is ₹5,000. Exit load of IF REDEEMED WITHIN 1 MONTH (30 DAYS) FROM THE DATE OF ALLOTMENT: 1% IF REDEEMED AFTER 1 MONTH (30 DAYS) FROM THE DATE OF ALLOTMENT: Nil.
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Returns and Rankings

Category: Equity Sectoral / Thematic

1Y3Y5YAll
Fund returns4.99%4.78%2.73%3.12%
Category average5.53%5.13%2.67%-
Rank within category1027451-

FAQ’s

What kind of returns does Mirae Asset Banking&Financial Services Fund Direct Growth provide?

Mirae Asset Banking&Financial Services Fund Direct Growth has given a return of 15.02% in the past 3 years.

What is the expense ratio charged by Mirae Asset Banking&Financial Services Fund Direct Growth?

The Expense Ratio charged by Mirae Asset Banking&Financial Services Fund Direct Growth is 0.69%.

What is the AUM size of Mirae Asset Banking&Financial Services Fund Direct Growth?

The AUM size of Mirae Asset Banking&Financial Services Fund Direct Growth is ₹2,304.89Cr.

What is the minimum SIP amount that you can invest in Mirae Asset Banking&Financial Services Fund Direct Growth?

₹99 is the minimum SIP amount that you can invest in Mirae Asset Banking&Financial Services Fund Direct Growth .

What are the top stock holdings of Mirae Asset Banking&Financial Services Fund Direct Growth?

The top stock holdings of Mirae Asset Banking&Financial Services Fund Direct Growth include

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