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 5.25 years of performance history. The scheme manages an AUM of ₹2272.13 Cr and has a NAV of ₹20.86. 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 19.57%.
Equity, Sectoral-Banking, Principal at very high risk
1 Year Return 19.57% at 12 Mar 2026 09:26 PM
Fund Details
NAV 20.86
Sub-Type Sectoral-Banking
Rating 4
Min. SIP Amount ₹99.0
Fund Age(Year) 5.25
Fund Size(in Crores) 2272.13
Fund Performance
1 Month -7.0%
3 Month -4.34%
6 Month 2.84%
1 Year 19.57%
3 Year 17.21%
5 Year 12.36%
Know This Fund
As on 12 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 64.47 Mid Cap 14.02 Small Cap 16.57 Top Sectors Financial 84.18 Insurance 7.92 Services 2.96 Top Holding MCX 1.5 KFin Technologies 1.27 Pine Labs 0.85 ICICI Bank 13.75 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 Kotak Mahindra Bank 3.96 Billionbrains Garage Ventures 0.91 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 -7.9% Ret 1Y 15.41% Ret 3Y 15.64% Ret 5Y 11.23%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Ret 1M -7.9% Ret 1Y 15.41% Ret 3Y 15.64% Ret 5Y 11.23%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Reinvestment Ret 1M -7.9% Ret 1Y 15.41% Ret 3Y 15.64% Ret 5Y 11.23%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-Growth Ret 1M -8.33% Ret 1Y 16.13% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Payout Ret 1M -8.33% Ret 1Y 16.13% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Reinvestment Ret 1M -8.33% Ret 1Y 16.13% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-Growth Ret 1M -8.51% 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 -8.51% 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 -8.51% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-Growth Ret 1M -8.44% Ret 1Y 11.25% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-IDCW Ret 1M -8.44% Ret 1Y 11.25% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 2.01%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
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.
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,
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) 15
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
