The Current NAV of Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth is ₹21.09.

You can consider SIP in Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth as it has consistently outperformed the benchmark and has a Somewhat Good quality portfolio. Funds returns likely to be fairly different than its benchmark Nifty Financial Services , as Funds portfolio is somewhat different.

Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth fund’s expense ratio is N/A

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth is currently ₹2,147 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 38% of its portfolio. Top 5 and 10 stocks of fund account for 50% and 65% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth fund are BFSI, IT and Miscellaneous accounting for 100% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

Abhijith Vara manages the Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth Fund.

Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth current PE ratio is 30.00 and PB ratio is 3.74

The asset allocation of Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth is Stocks : 95.19%, Debt : 4.79% and Gold : 0%

The minimum SIP amount for Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth is ₹99.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Banking and Financial Services Fund - Regular Plan - Growth is 1% on or before 1 year, Nil after 1 year