Mirae Asset Banking and Financial Services Fund-Reg(G)
- Equity
- Sector Funds
- Very High Risk
Fund Overview
- Assets Under Management (AUM)
- ₹2,146.75 Cr
- Expense Ratio
- 1.74%
- Riskometer
- Very High
- Category
- Sector Funds
- Asset Type
- Equity
- Benchmark
- BSE SENSEX - TRI
- SIP
- Available
- Switch
- Available
- Inception Date
- 22 Sept 2025
- ISIN
- INF769K01GU5
- Scheme Code
- BFRG
- Fund Scheme ID
- 23529
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | -0.38% | -0.38% | -4.49% | 0.72% |
| 3 Months | 7.43% | 7.43% | 29.48% | 31.67% |
| 6 Months | 0.65% | 0.65% | 1.29% | -3.78% |
| 1 Year | 8.51% | 8.51% | 8.51% | 8.52% |
| 3 Years | 12.26% | 41.50% | 13.82% | 12.10% |
| 5 Years | 11.51% | 72.49% | 14.48% | 11.28% |
| Since Inception | 14.43% | 116.60% | 20.33% | 14.31% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
100.00%
- Domestic Equities95.21%
- Cash & Cash Equivalents and Net Assets4.79%
Top Sectors
- Bank59.37%
- Finance18.85%
- Insurance7.96%
- Miscellaneous4.03%
- IT3.77%
- Business Services2.99%
- Ratings2.27%
- Others0.76%
Holdings
Overview of fund allocations across sectors and securities
Bank
Value
₹1,274.52 Cr
Weightage
59.37%
Finance
Value
₹404.66 Cr
Weightage
18.85%
Insurance
Value
₹170.88 Cr
Weightage
7.96%
Miscellaneous
Value
₹86.51 Cr
Weightage
4.03%
IT
Value
₹80.93 Cr
Weightage
3.77%
Business Services
Value
₹64.19 Cr
Weightage
2.99%
Ratings
Value
₹48.73 Cr
Weightage
2.27%
Others
Value
₹16.32 Cr
Weightage
0.76%
About
Fund Manager(s)
Mr. Abhijith Vara
Launch Date
22 Sept 2025
Benchmark
BSE SENSEX - TRI
Objective
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies/Entities engaged in banking and financial services sector. The Scheme does not guarantee or assure any returns.There is no assurance that the investment objective of the Scheme will be achieved.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- 1% on or before 30D, NIL after 30D
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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