1M
6M
1Y
3Y
All
| NAV: 13 May 2024 | ₹17.79 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| Fund size | ₹1,702.61Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 22.8% | 17.6% | 18.3% |
| Category average | NA | 20.9% | 17.2% | NA |
| Rank with in category | NA | 8 | 4 | NA |
Understand terms
Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 18.57% |
ICICI Bank Ltd. | Financial | Equity | 18.12% |
State Bank of India | Financial | Equity | 9.43% |
Axis Bank Ltd. | Financial | Equity | 6.86% |
The Federal Bank Ltd. | Financial | Equity | 6.00% |
Shriram Finance Ltd | Financial | Equity | 3.49% |
LIC Housing Finance Ltd. | Financial | Equity | 3.09% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 2.83% |
Bajaj Finance Ltd. | Financial | Equity | 2.64% |
Fusion Micro Finance Ltd. | Financial | Equity | 2.61% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.59%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within one year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Gaurav KocharNov 2020 - PresentView details
Gaurav Kochar
Nov 2020 - Present
View details
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.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Mirae Asset Banking and Financial Services Fund Direct Growth
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