Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout
Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout: Mutual Fund Overview
Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout is an Sectoral-Banking mutual fund with over 5.28 years of performance history. The scheme manages an AUM of ₹2272.13 Cr and has a NAV of ₹19.362. It is rated '4' stars by analysts. Investors can begin a SIP with as little as ₹99.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 4.3%.
Equity, Sectoral-Banking, Principal at very high risk
1 Year Return 4.3% at 24 Mar 2026 03:53 PM
Fund Details
NAV 19.362
Sub-Type Sectoral-Banking
Rating 4
Min. SIP Amount ₹99.0
Fund Age(Year) 5.28
Fund Size(in Crores) 2272.13
Fund Performance
1 Month -14.51%
3 Month -11.61%
6 Month -5.73%
1 Year 4.3%
3 Year 15.03%
5 Year 11.66%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (95.06%) Market Cap Large Cap 65.38 Mid Cap 13.11 Small Cap 16.57 Top Sectors Financial 84.18 Insurance 7.92 Services 2.96 Top Holding MCX 1.5 KFin Technologies 1.27 ICICI Bank 13.75 Pine Labs 0.85 Care Ratings 1.24 Aadhar Housing Fin 0.93 Axis Bank 8.38 HDFC Bank 16.5 Home First Finance Company India 1.07 Karur Vysya Bank 2.86 Indusind Bank 0.81 Central Depository Services (India) 0.82 HDB Financial Services 1.73 General Insurance Corporation of India 0.99 Canara HSBC Life Insurance Company 1.99 Aditya Birla Capital 2.57 Power Fin. Corp. 1.28 Billionbrains Garage Ventures 0.91 Kotak Mahindra Bank 3.96 Shriram Finance 2.23 PB Fintech 0.23 The Federal Bank 2.8 Go Digit General Insurance 1.56 Equitas Small Finance Bank 1.31 LIC Housing Fin. 0.79 State Bank of India 10.43 Bajaj Finance 3.36 DCB Bank 1.54 L&T Fin 2.47 SBI Life Insurance Company 3.37 Cholamandalam Financial 0.35 Bank of Baroda 1.21
Debt & Others (4.94%) Sector Allocation Net Payables -0.23 Repo 5.17 Debt Credit Ratings Debt Category Others 4.94
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth Ret 1M -14.78% Ret 1Y 0.64% Ret 3Y 13.54% Ret 5Y 10.57%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Ret 1M -14.78% Ret 1Y 0.64% Ret 3Y 13.54% Ret 5Y 10.57%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Reinvestment Ret 1M -14.78% Ret 1Y 0.64% Ret 3Y 13.54% Ret 5Y 10.57%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-Growth Ret 1M -16.11% Ret 1Y 1.38% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Payout Ret 1M -16.11% Ret 1Y 1.38% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Reinvestment Ret 1M -16.11% Ret 1Y 1.38% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-Growth Ret 1M -14.38% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Payout Ret 1M -14.38% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Reinvestment Ret 1M -14.38% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-Growth Ret 1M -15.16% Ret 1Y -2.66% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-IDCW Ret 1M -15.16% Ret 1Y -2.66% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 2.02%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Abhijith Vara
Education PGDM (IIM Kozhikode ), B.Tech(Elec. Engg, IIT Madras)
Experience Prior to joining the Miraem Asset MF, he was associated with Axis AMC, Unifi Capital, Sundaram AMC,
Gaurav Kochar
Education Mr. Kochar is a Chartered Accountant
Experience Prior to joining Mirae Asset Mutual Fund, he has worked with Kotak Bank as an Internal Auditor for 3 years, later worked for almost 2.5 years in Ambit Capital as a Research Analyst – Banking.
Harshad Borawake
Education Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 13
Date of Incorporation 2020-12-11
Total AUM 224201.22
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout FAQs
How to invest in Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
Investing in Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The term expense ratio for Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout is 2.02% as of 24 Mar 2026.
What is the NAV of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The NAV of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout is ₹19.362 as of 24 Mar 2026.
What is the AUM of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The AUM (Assets Under Management) of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout is ₹2272.13 Cr as of 24 Mar 2026.
What is the PE and PB ratio of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The PE ratio of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
Yes, you can invest in Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout in the last 5 years?
The return of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout in the last 5 years is 11.66%.
What is the minimum SIP investment required in Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The minimum SIP investment in Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout depends on the fund's scheme rules and usually starts at a small amount. For Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout, the minimum SIP amount is ₹99.0.
What is the current NAV of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The NAV of Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout, as of 24 Mar 2026, is ₹19.362.
Who manages the Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout?
The fund managers responsible for Mirae Asset Banking and Financial Services Fund Regular-IDCW Payout are:
- Abhijith Vara
- Gaurav Kochar
- Harshad Borawake