Mirae Asset Banking and Financial Services Fund

Mutual fund

Direct · Growth

· AMFI 148623

₹24.22

+4.6%over 1 year

Price of one unit (NAV) on 11 November 2026

Past prices are not a forecast of anything.

Ask about this fund

Overview

Kind of fund: Sectoral
Yearly fee: 0.77%; Since 1 October 2026
Fund size: ₹2,357 crore
Started: 11 December 2020
Exit load: 1% if sold within 1 month
Compared against: NIFTY Financial Services TRI
Plan: Direct · Growth
Companies held: 29; 31 lines in all
Holdings as at: 30 August 2026

What does it hold?

Company size

Large
Mid
Small
Cash, bonds, abroad

Mirae Asset Banking and Financial Services Fund
58%17%21%

Industries

Financial91%
Industrials3%
Technology2%

Top companies

10 of 29 companies · holdings as at 30 August 2026

1
ICICI Bank Ltd
LargeFinancial
14.0%
2
HDFC Bank Ltd
LargeFinancial
13.5%
3
State Bank of India
LargeFinancial
8.9%
4
Axis Bank Ltd
LargeFinancial
7.9%
5
Kotak Mahindra Bank Ltd
LargeFinancial
4.2%
6
Bajaj Finance Ltd
LargeFinancial
3.4%
7
L&T Finance Holdings Ltd
MidFinancial
3.0%
8
SBI Life Insurance Company Ltd
LargeFinancial
2.9%
9
KFin Technologies Ltd
SmallFinancial
2.9%
10
HDB FINANCIAL SERVICES LIMITED EQ
MidFinancial
2.7%

Show all 29

11
Aditya Birla Capital Ltd
MidFinancial
2.6%
12
Karur Vysya Bank Ltd
SmallFinancial
2.6%
13
Multi Commodity Exchange Of India Ltd
MidFinancial
2.5%
14
Shriram Transport Finance Company Ltd
LargeFinancial
2.2%
15
The Federal Bank Ltd
MidFinancial
2.1%
16
Canara HSBC Life Insurance Company Ltd.
SmallFinancial
2.1%
17
Equitas Small Finance Bank Ltd
SmallFinancial
2.0%
18
Crisil Ltd
SmallIndustrials
1.9%
19
Home First Finance Company India Ltd
SmallFinancial
1.9%
20
Central Depository Services (India) Ltd
SmallFinancial
1.8%
21
DCB Bank Ltd
SmallFinancial
1.8%
22
Indusind Bank Ltd
MidFinancial
1.7%
23
PB Fintech Ltd
MidFinancial
1.5%
24
Pine Labs Ltd.
SmallTechnology
1.4%
25
CARE Ratings Ltd
SmallIndustrials
1.3%
26
Go Digit General Insurance Ltd.
SmallFinancial
1.2%
27
Billionbrains Garage Ventures Ltd.
LargeFinancial
1.0%
28
General Insurance Corporation of India Ltd
MidFinancial
0.9%
29
Turtlemint Fintech Solutions Ltd.
SmallTechnology
0.3%

What does it cost?

0.77% a year: ₹77 on every ₹10,000 you hold.

The middle fee for Sectoral direct plans is 1.03%.

Exit load: 1% if sold within 1 month

How has it done?

1 year: +4.6%
3 years, per year: +14.7%
5 years, per year: +12.7%

Worst fall so far: −21.0% (Oct 2021 to Jun 2022).

Against other Sectoral funds: out of 36 three-year stretches, it finished above the middle Sectoral fund in 2.

Past prices are not a forecast of anything.

Events

1 October 2026Fee moved between 0.74% and 0.78% a year (10 changes, 9 Sep – 1 Oct 2026).
1 September 2026Fee changed from 0.72% to 0.74% a year.
30 August 2026New portfolio published: holdings as at 30 August 2026.
1 August 2026Fee moved between 0.68% and 0.72% a year (10 changes, 3 Jun – 1 Aug 2026).
1 June 2026Fee changed from 0.61% to 0.71% a year.

Show all 41

30 May 2026Fee changed from 0.99% to 0.61% a year.
29 May 2026Fee changed from 0.61% to 0.99% a year.
28 May 2026Fee changed from 1.04% to 0.61% a year.
27 May 2026Fee changed from 0.61% to 1.04% a year.
14 May 2026Fee changed from 0.62% to 0.61% a year.
13 May 2026Fee changed from 1.64% to 0.62% a year.
12 May 2026Fee changed from 1.28% to 1.64% a year.
11 May 2026Fee changed from 0.61% to 1.28% a year.
8 May 2026Fee changed from 0.77% to 0.61% a year.
7 May 2026Fee changed from 0.60% to 0.77% a year.
6 May 2026Fee moved between 0.60% and 0.64% a year (2 changes, 5 May – 6 May 2026).
30 April 2026Fee changed from 0.56% to 0.61% a year.
9 January 2026Fee moved between 0.54% and 0.59% a year (11 changes, 22 Sep 2025 – 9 Jan 2026).
18 September 2025Fee moved between 0.59% and 0.61% a year (13 changes, 24 May – 18 Sep 2025).
21 April 2025Fee changed from 0.69% to 0.60% a year.
15 April 2025Fee moved between 0.69% and 0.70% a year (3 changes, 24 Mar – 15 Apr 2025).
19 March 2025Fee changed from 0.61% to 0.70% a year.
6 March 2025Fee moved between 0.57% and 0.62% a year (10 changes, 20 Jan – 6 Mar 2025).
17 January 2025Fee moved between 0.59% and 0.63% a year (12 changes, 23 Sep 2024 – 17 Jan 2025).
19 July 2024Fee moved between 0.57% and 0.62% a year (12 changes, 12 Apr – 19 Jul 2024).
10 April 2024Fee changed from 0.64% to 0.59% a year.
1 April 2024Fee moved between 0.61% and 0.66% a year (5 changes, 14 Mar – 1 Apr 2024).
11 March 2024Fee moved between 0.60% and 0.64% a year (20 changes, 23 Oct 2023 – 11 Mar 2024).
17 October 2023Fee moved between 0.62% and 0.67% a year (10 changes, 28 Jun – 17 Oct 2023).
20 June 2023Fee changed from 0.58% to 0.64% a year.
29 May 2023Fee moved between 0.54% and 0.58% a year (5 changes, 12 Apr – 29 May 2023).
5 April 2023Fee changed from 0.64% to 0.56% a year.
4 April 2023Fee moved between 0.60% and 0.65% a year (31 changes, 30 Aug 2022 – 4 Apr 2023).
19 August 2022Fee changed from 0.68% to 0.63% a year.
11 August 2022Fee moved between 0.68% and 0.73% a year (5 changes, 6 Jul – 11 Aug 2022).
4 July 2022Fee moved between 0.71% and 0.75% a year (22 changes, 3 Apr – 4 Jul 2022).
20 March 2022Fee moved between 0.68% and 0.73% a year (12 changes, 22 Feb – 20 Mar 2022).
20 February 2022Fee moved between 0.63% and 0.68% a year (2 changes, 15 Feb – 20 Feb 2022).
14 February 2022Fee moved between 0.61% and 0.65% a year (12 changes, 24 Jan – 14 Feb 2022).
20 January 2022Fee changed from 0.56% to 0.64% a year.
10 January 2022Fee moved between 0.56% and 0.58% a year (2 changes, 4 Jan – 10 Jan 2022).

Sources and dates

Holdings: Groww's page for this fund, month-end 30 August 2026
Prices: AMFI via mfapi.in, to 11 November 2026
Fee: Groww, from 1 October 2026
Company sizes: SEBI's rank by full market value, 25 September 2026