Mirae Asset Banking and Financial Services Fund Regular Growth
Fund House: Mirae Asset Mutual Fund| Category: Equity: Sectoral-Banking and Financial Services |
| Launch Date: 11-12-2020 |
| Asset Class: Equity |
| Benchmark: NIFTY Financial Services TRI |
| TER: 2.06% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 1,844.8 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: 38% | Exit Load: If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL. |
18.24
0.12 (0.6524%)
16.47%
Benchmark: 17.56%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY Financial Services TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 15.32 |
| Sharpe Ratio | 0.46 |
| Alpha | 3.59 |
| Beta | 0.96 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
Scheme Characteristics
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
19.72%
Others
0.89%
Large Cap
63.08%
Mid Cap
16.32%
