Mirae Asset Banking and Financial Services Fund
Open in live screener →Key metrics
Further reading: Why large-cap funds show deeper drawdowns than small caps
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -2.55% | -5.00% | -6.20% | -5.72% | -4.45% | 11.25% | 10.05% | – | – |
NAV history
About this fund
Mirae Asset Banking and Financial Services Fund is a sectoral/thematic equity fund offered by Mirae Asset Mutual Fund, classified under Equity as Sectoral/Thematic - Banking/Financial. Because it concentrates on one sector or theme, it typically shows larger price swings than diversified equity funds. Its latest NAV is ₹22.01, with assets under management of about ₹2,186 Cr (April - June 2026).
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Performance analysis
Over the trailing one year, Mirae Asset Banking and Financial Services Fund has recorded a return of about -4.5%, with a three-year return of 11.2% and a five-year return of 10.1%. Its annualised volatility is 16.9% — relatively large fluctuations — and its Sharpe ratio is -0.65, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.54%, deducted daily from the NAV.
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Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 15.33 | 15.21 | -6.89 | 36.49 | 95% | 60% |
| 3Y | 17.38 | 17.42 | 10.98 | 26.33 | 100% | 97% |
| 5Y | 14.86 | 14.67 | 10.05 | 19.17 | 100% | 91% |
Further reading: Why a single trailing return misleads, measured across 830 funds
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Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| HDFC Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -4.18 | -6.21 | -5.33 | -3.22 | 10.86 | 9.79 | – | – |
| ITI Banking and Financial Services Fund Sectoral/Thematic - Banking/Financial | -5.22 | -7.12 | -5.38 | -3.87 | 10.54 | – | – | 0.58 |
| Kotak Banking and Financial Services Fund Sectoral/Thematic - Banking/Financial | -4.46 | -7.39 | -4.87 | -3.90 | 11.31 | – | – | – |
| BANDHAN FINANCIAL SERVICES FUND Sectoral/Thematic - Banking/Financial | -5.77 | -6.15 | -3.62 | -6.22 | 12.56 | – | – | 0.56 |
| DSP Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -6.66 | -6.36 | -3.88 | 0.62 | – | – | – | 0.54 |
| Groww Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -8.92 | -7.36 | -2.75 | 1.07 | – | – | – | 0.46 |
| WhiteOak Capital Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -5.07 | -6.73 | -4.23 | -4.34 | – | – | – | 0.62 |
| Helios Financial Services Fund Sectoral/Thematic - Banking/Financial | -6.62 | -5.91 | -5.03 | -8.61 | – | – | – | 0.79 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Focused Fund Equity Scheme - Focused Fund | -4.40 | -0.83 | 3.07 | -7.34 | 7.11 | 4.77 | – | 0.55 |
| Mirae Asset Midcap Fund Equity Scheme - Mid Cap Fund | -8.54 | -7.62 | -1.26 | -1.77 | 13.16 | 12.87 | – | 0.50 |
| Mirae Asset Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.59 | 5.26 | 6.04 | 5.78 | – | 0.07 |
| Mirae Asset Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.62 | 1.54 | 3.22 | 6.74 | 7.34 | 6.82 | – | 0.13 |
| Mirae Asset Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.63 | 0.01 | 1.71 | 3.31 | 6.67 | 5.79 | – | – |
| Mirae Asset Diversified Equity Allocator Passive FOF Other Scheme - FoF Domestic | -4.45 | -6.16 | -5.70 | -8.16 | 8.46 | 7.53 | – | 0.04 |
| Mirae Asset Ultra Short-Term Fund Debt Scheme - Ultra Short Duration Fund | 0.27 | 1.45 | 3.16 | 6.47 | 7.34 | 6.70 | – | – |
| Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Other Scheme - FoF Domestic | -3.50 | -6.74 | -7.45 | -11.96 | 6.34 | 4.71 | – | 0.08 |