OmniAssetMutual funds › Mirae Asset Banking and Financial Services Fund

Mirae Asset Banking and Financial Services Fund

Sectoral / Thematic fund benchmarked to Nifty Financial Services - TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202623.4
CategorySectoral / Thematic
PlanDirect · Idcw
Launched25 Nov 2020
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty Financial Services - TRI
Expense ratiodirect plan, a year0.74%
AUM₹3.54 Cr
Growth of ₹10,000₹18,3622 Sep 2021 to 2 Sep 2026
₹19,169₹16,522₹13,876₹11,229₹8,583Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹18,362 (+12.9% a year) Mirae Asset Banking and Financial Services Fund
Growth of ₹10,000 — every plotted observation
PointMirae Asset Banking and Financial Services Fund
2 Sep 2021₹10,000
6 Sep 2021₹9,936
13 Sep 2021₹9,945
20 Sep 2021₹9,947
27 Sep 2021₹10,198
4 Oct 2021₹10,078
11 Oct 2021₹10,207
18 Oct 2021₹10,540
25 Oct 2021₹10,815
1 Nov 2021₹10,516
8 Nov 2021₹10,635
15 Nov 2021₹10,492
22 Nov 2021₹10,061
29 Nov 2021₹9,735
6 Dec 2021₹9,736
13 Dec 2021₹10,033
20 Dec 2021₹9,338
27 Dec 2021₹9,527
3 Jan 2022₹9,885
10 Jan 2022₹10,264
17 Jan 2022₹10,285
24 Jan 2022₹9,842
31 Jan 2022₹10,064
7 Feb 2022₹9,958
14 Feb 2022₹9,659
21 Feb 2022₹9,863
28 Feb 2022₹9,514
7 Mar 2022₹8,708
14 Mar 2022₹9,375
21 Mar 2022₹9,556
28 Mar 2022₹9,453
4 Apr 2022₹10,229
11 Apr 2022₹9,952
18 Apr 2022₹9,702
25 Apr 2022₹9,483
2 May 2022₹9,468
9 May 2022₹8,985
16 May 2022₹8,769
23 May 2022₹8,901
30 May 2022₹9,328
6 Jun 2022₹9,195
13 Jun 2022₹8,750
20 Jun 2022₹8,583
27 Jun 2022₹8,902
4 Jul 2022₹9,007
11 Jul 2022₹9,360
18 Jul 2022₹9,379
25 Jul 2022₹9,703
1 Aug 2022₹10,052
8 Aug 2022₹10,098
16 Aug 2022₹10,388
22 Aug 2022₹10,110
29 Aug 2022₹10,108
5 Sep 2022₹10,465
12 Sep 2022₹10,600
19 Sep 2022₹10,608
26 Sep 2022₹9,999
3 Oct 2022₹9,862
10 Oct 2022₹10,093
17 Oct 2022₹10,237
25 Oct 2022₹10,573
31 Oct 2022₹10,654
7 Nov 2022₹10,784
14 Nov 2022₹10,833
21 Nov 2022₹10,855
28 Nov 2022₹11,037
5 Dec 2022₹11,154
12 Dec 2022₹11,211
19 Dec 2022₹11,193
26 Dec 2022₹10,977
2 Jan 2023₹11,122
9 Jan 2023₹11,019
16 Jan 2023₹10,887
23 Jan 2023₹11,062
30 Jan 2023₹10,518
6 Feb 2023₹10,703
13 Feb 2023₹10,683
20 Feb 2023₹10,594
27 Feb 2023₹10,460
6 Mar 2023₹10,719
13 Mar 2023₹10,297
20 Mar 2023₹10,211
27 Mar 2023₹10,202
3 Apr 2023₹10,558
10 Apr 2023₹10,611
17 Apr 2023₹10,840
24 Apr 2023₹10,932
2 May 2023₹11,121
8 May 2023₹11,172
15 May 2023₹11,398
22 May 2023₹11,374
29 May 2023₹11,532
5 Jun 2023₹11,580
12 Jun 2023₹11,641
19 Jun 2023₹11,650
26 Jun 2023₹11,725
3 Jul 2023₹12,145
10 Jul 2023₹12,126
17 Jul 2023₹12,281
24 Jul 2023₹12,630
31 Jul 2023₹12,674
7 Aug 2023₹12,458
14 Aug 2023₹12,298
21 Aug 2023₹12,269
28 Aug 2023₹12,476
4 Sep 2023₹12,527
11 Sep 2023₹12,858
18 Sep 2023₹12,905
25 Sep 2023₹12,569
3 Oct 2023₹12,584
9 Oct 2023₹12,453
16 Oct 2023₹12,637
23 Oct 2023₹12,306
30 Oct 2023₹12,289
6 Nov 2023₹12,521
13 Nov 2023₹12,599
20 Nov 2023₹12,532
28 Nov 2023₹12,593
4 Dec 2023₹13,278
11 Dec 2023₹13,466
18 Dec 2023₹13,602
26 Dec 2023₹13,418
1 Jan 2024₹13,590
8 Jan 2024₹13,533
15 Jan 2024₹13,815
23 Jan 2024₹13,079
29 Jan 2024₹13,303
5 Feb 2024₹13,456
12 Feb 2024₹13,278
19 Feb 2024₹13,758
26 Feb 2024₹13,768
4 Mar 2024₹13,898
11 Mar 2024₹13,629
18 Mar 2024₹13,253
26 Mar 2024₹13,331
1 Apr 2024₹13,723
8 Apr 2024₹14,051
15 Apr 2024₹13,760
22 Apr 2024₹13,905
29 Apr 2024₹14,368
6 May 2024₹14,265
13 May 2024₹13,912
21 May 2024₹14,079
27 May 2024₹14,305
3 Jun 2024₹14,689
10 Jun 2024₹14,601
18 Jun 2024₹15,046
24 Jun 2024₹15,206
1 Jul 2024₹15,613
8 Jul 2024₹15,589
15 Jul 2024₹15,718
22 Jul 2024₹15,583
29 Jul 2024₹15,504
5 Aug 2024₹14,984
12 Aug 2024₹15,089
19 Aug 2024₹15,105
26 Aug 2024₹15,398
2 Sep 2024₹15,586
9 Sep 2024₹15,488
16 Sep 2024₹15,827
23 Sep 2024₹16,301
30 Sep 2024₹16,058
7 Oct 2024₹15,294
14 Oct 2024₹15,727
21 Oct 2024₹15,688
28 Oct 2024₹15,472
4 Nov 2024₹15,580
11 Nov 2024₹15,596
18 Nov 2024₹15,086
25 Nov 2024₹15,631
2 Dec 2024₹15,686
9 Dec 2024₹16,060
16 Dec 2024₹16,135
23 Dec 2024₹15,501
30 Dec 2024₹15,417
6 Jan 2025₹15,205
13 Jan 2025₹14,457
20 Jan 2025₹14,858
27 Jan 2025₹14,401
3 Feb 2025₹14,656
10 Feb 2025₹14,897
17 Feb 2025₹14,482
24 Feb 2025₹14,464
3 Mar 2025₹14,314
10 Mar 2025₹14,499
17 Mar 2025₹14,696
24 Mar 2025₹15,792
31 Mar 2025₹15,659
7 Apr 2025₹15,056
15 Apr 2025₹15,913
21 Apr 2025₹16,698
28 Apr 2025₹16,664
5 May 2025₹16,533
12 May 2025₹16,650
19 May 2025₹16,851
26 May 2025₹16,931
2 Jun 2025₹16,984
9 Jun 2025₹17,382
16 Jun 2025₹17,156
23 Jun 2025₹17,194
30 Jun 2025₹17,672
7 Jul 2025₹17,494
14 Jul 2025₹17,494
21 Jul 2025₹17,574
28 Jul 2025₹17,254
4 Aug 2025₹17,163
11 Aug 2025₹17,117
18 Aug 2025₹17,257
25 Aug 2025₹17,120
1 Sep 2025₹16,775
8 Sep 2025₹16,882
15 Sep 2025₹17,168
22 Sep 2025₹17,273
30 Sep 2025₹17,017
6 Oct 2025₹17,425
13 Oct 2025₹17,578
20 Oct 2025₹18,002
27 Oct 2025₹18,127
3 Nov 2025₹18,122
10 Nov 2025₹18,099
17 Nov 2025₹18,478
24 Nov 2025₹18,351
1 Dec 2025₹18,621
8 Dec 2025₹18,463
15 Dec 2025₹18,449
22 Dec 2025₹18,450
29 Dec 2025₹18,409
5 Jan 2026₹18,759
12 Jan 2026₹18,462
19 Jan 2026₹18,566
27 Jan 2026₹18,486
2 Feb 2026₹18,271
9 Feb 2026₹18,957
16 Feb 2026₹19,059
23 Feb 2026₹19,169
2 Mar 2026₹18,591
9 Mar 2026₹17,655
16 Mar 2026₹17,360
23 Mar 2026₹16,405
30 Mar 2026₹16,155
6 Apr 2026₹16,842
13 Apr 2026₹17,748
20 Apr 2026₹18,154
27 Apr 2026₹17,958
4 May 2026₹17,684
11 May 2026₹17,535
18 May 2026₹17,289
25 May 2026₹17,687
1 Jun 2026₹17,086
8 Jun 2026₹17,048
15 Jun 2026₹17,946
22 Jun 2026₹18,260
29 Jun 2026₹18,332
6 Jul 2026₹18,653
13 Jul 2026₹18,676
20 Jul 2026₹18,496
27 Jul 2026₹18,252
3 Aug 2026₹18,666
10 Aug 2026₹18,431
17 Aug 2026₹18,361
24 Aug 2026₹18,471
31 Aug 2026₹18,694
2 Sep 2026₹18,362

Performance (trailing, annualised)

1Y annualised10.06%
3Y annualised13.69%
5Y annualised12.92%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,23,4225.31%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,22,97310.75%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹8,48,38913.82%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202118.98%
Calendar 202214.72%
Calendar 202322.74%
Calendar 202413.24%
Calendar 202520.94%

Rolling returns

Rolling 1Y · average244 windows since 14 Dec 202115.50%
Rolling 1Y · median15.41%
Rolling 1Y · worst window-5.48%
Rolling 1Y · best window36.46%
Rolling 1Y · windows positive95%
Rolling 3Y · average140 windows since 20 Dec 202317.55%
Rolling 3Y · median17.50%
Rolling 3Y · worst window11.86%
Rolling 3Y · best window25.91%
Rolling 3Y · windows positive100%
Rolling 5Y · average37 windows since 18 Dec 202515.36%
Rolling 5Y · median14.86%
Rolling 5Y · worst window13.08%
Rolling 5Y · best window18.56%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)15.74%
Downside deviation (3Y)11.19%
Maximum drawdown-15.76%

Management

Fund managerMr. Abhijith Vara
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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