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Mirae Asset Banking And Financial Services Fund - Direct Plan - Growth

Equity | Sector Specific - Banks & Financial Services

(NAV as of 29/11/2024)
20.02 (0.44)

3Y Returns

16.42%

Min SIP

500

Min Lumpsum

5000

Expense Ratio

0.6%

Fund Size

1602 Cr

Inception Date

11-Dec-20

Fund Manager

Gaurav Kochar

Exit Load

1% on or before 1Y, Nil after 1Y.

Wealthzi View

Overall Fund Zi Tag

Asset Allocation

Equity

99.55%

Debt & Others

0.45%

Market Cap Allocation

Large Cap

74.58%

Mid Cap

12.33%

Small Cap

12.65%

Other Cap

0.45%

Sector Allocation

Banks

66.83%

Finance

22.84%

Insurance

5.00%

Cash/Deposits/Margins/Treps/Repo/Swaps

3.18%

Capital Markets

2.15%

Top Ten Holdings

HDFC Bank Ltd

18.70%

ICICI Bank Ltd

17.60%

State Bank Of India

9.88%

Axis Bank Ltd

7.91%

Federal Bank Ltd

5.23%

Investment Objective

The investment objective of the scheme is to generate long-term capital appreciation from a portfoliothat is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector.

Fund House Detail

AMC Name

Mirae Asset Investment Managers (India) Private Limited

Address

Unit 606, 6th Floor, Windsor,Off CST Road, Kalina, Santacruz (E),Mumbai - 400 098

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BSE Member code: 58371

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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Wealthzi Investment Advisers (A division of Lime Internet Private Limited)

[CIN: U74999DL2017PTC310507] [PAN: AADCL2103M] [GSTIN: 07AADCL2103M1ZP]

[SEBI Registered Name: Lime Internet Private Limited] [SEBI RIA Registration No: INA000018133] [BASL Member ID: 2014] [Type of Registration: Non-Individual] [Validity of Registration: Perpetual] [Registered Address: Flat No. 603, 6th Floor, Kanchenjunga Building, 18 Barakhamba Road, New Delhi - 110001] [Principal Officer: Jyoti Prakash Nayak, Email: [email protected]] [Compliance Officer: Harshit Singh, Email: [email protected]] [Grievance Officer: Sanjeev Johari, Email: [email protected]]

[SEBI Regional Office Address: Securities and Exchange Board of India, NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi - 110023, Ph: 011-69012998, Email: [email protected]]

Disclaimers:

Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Registration granted by SEBI, membership of BASL and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

The information is only for consumption by the client and such material should not be redistributed.