Insights into Company

Mirae Asset Banking and Financial Services Fund Regular-IDCW

Mirae Asset Mutual Fund · Equity Sectoral / Thematic

Equity · Sectoral / Thematic Very High risk ★★★★★ Mirae Asset
₹20.4370
NAV · 19 Oct 2026 -1.14% (1D)
+10.21%3Y annualised
-1.14% 1D

Return calculator

Monthly SIP₹1,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
Loading NAV history…

A SIP on the 1st of every month at that day's NAV. Past returns do not guarantee future returns.

Returns and rankings

Name6M1Y3Y5Y
Fund returns-5.6%-4.4%+10.2%+8.9%
Category average (Sectoral / Thematic)-0.8%-3.6%+8.5%+6.5%
Rank (Sectoral / Thematic)176 / 244102 / 22555 / 15137 / 112

Ranked among Sectoral / Thematic funds, Regular plan, IDCW option. 3Y and 5Y are annualised.

Advanced ratios

Volatility (annualised)15.79%
Sharpe0.34
Maximum drawdown-15.90%
Sortino0.32

Calculated from daily NAVs over 3Y, with a 6.5% risk-free rate.

Minimum investments

Min. for 1st investment₹100
Min. for SIP₹100
Min. for 2nd investment₹100

Exit load, stamp duty and tax

Exit load

Not published in the AMFI data for this scheme. See the scheme information document on the fund house website.

Stamp duty on investment: 0.005% (from 1 July 2020)

Tax implication

Redeemed within 1 year: gains taxed at 20% (short-term). After 1 year: gains above ₹1.25 lakh a year taxed at 12.5% (long-term).

FAQs

How to invest in Mirae Asset Banking and Financial Services Fund Regular-IDCW?

Open your Do Trading account (KYC), choose Monthly SIP or One-time in the Invest panel, enter the amount and confirm the order with the OTP sent to your email.

What kind of returns does Mirae Asset Banking and Financial Services Fund Regular-IDCW provide?

6M: -5.55% · 1Y: -4.38% · 3Y (annualised): +10.21% · 5Y (annualised): +8.94%

What is the NAV of Mirae Asset Banking and Financial Services Fund Regular-IDCW?

₹20.4370 as on 19 Oct 2026.

How risky is Mirae Asset Banking and Financial Services Fund Regular-IDCW?

Its riskometer level is Very High. Over 3Y its NAV moved 15.8% a year (volatility) and fell at most 15.9% from a peak.

How to redeem Mirae Asset Banking and Financial Services Fund Regular-IDCW?

In the Invest panel choose Redeem, enter the units (or redeem all) and confirm with the OTP. The amount reaches your bank account after the fund house processes it, usually 1–3 working days.

Can I invest in SIP and lump sum of Mirae Asset Banking and Financial Services Fund Regular-IDCW?

Yes. The minimum is ₹100 for a one-time investment or a monthly SIP.

How is Mirae Asset Banking and Financial Services Fund Regular-IDCW taxed?

Redeemed within 1 year: gains taxed at 20% (short-term). After 1 year: gains above ₹1.25 lakh a year taxed at 12.5% (long-term).

Fund details

Fund houseMirae Asset Mutual Fund
CategoryEquity Scheme - Thematic Fund
Plan · OptionRegular · IDCW
Risk (riskometer)Very High
Scheme typeOpen Ended
Scheme code148622
ISININF769K01GT7
Minimum investment₹100
NAV date19 Oct 2026

Other plans of this fund

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