Pros | ![]() Lower expense ratio. | ![]() 3Y returns in the top 25% of the category. ![]() Among most bought funds within the category. ![]() Larger AUM within category. | ||
Cons | - | - |
INDMoney rank | 5/11 | 1/11 | ||
Category,Subcateogry | Equity,Sector - Financial Services | Equity,Sector - Financial Services | ||
Fund Age | 4 Years | 10 Years | ||
Fund Size | 2042 Cr | 8450 Cr | ||
Min Investment | SIP ₹99 Lumpsum ₹5000 | SIP ₹500 Lumpsum ₹5000 | ||
Expense Ratio | 0.6% | 0.77% | ||
Exit Load | 1% | 0.5% | ||
Benchmark Index | Nifty Financial Services TR INR | Nifty Financial Services TR INR |
No of Holdings | 33 | 35 | ||
Top 5 Holdings | HDFC Bank Ltd (26.7%) ICICI Bank Ltd (17.29%) State Bank of India (7.6%) Axis Bank Ltd (7.2%) Bajaj Finance Ltd (2.93%) | HDFC Bank Ltd (20.34%) State Bank of India (8.23%) Kotak Mahindra Bank Ltd (8.18%) ICICI Bank Ltd (7.78%) Axis Bank Ltd (4.98%) | ||
No of Sectors | 2 | 2 | ||
Top 3 Sectors | Financial Services (99.42%) Tech (0.58%) | Financial Services (100%) Government (0.77%) | ||
Equity % | 98.02% | 92.47% | ||
Debt % | - | 0.06% | ||
P/E | 16.59 | 17.3 | ||
P/B | 2.24 | 2.3 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | -2.09% | -1.23% | ||
3-Month Return | -0.44% | 1.21% | ||
6-Month Return | 16.82% | 16.62% | ||
1-Year Return | 7.88% | 10.52% | ||
3-Year Return | 17.45% | 18.94% | ||
5-Year Return | - | 22.18% |
Sharpe | 0.76 | 0.95 | ||
Alpha | 3.76 | 5.84 | ||
Beta | 0.98 | 0.83 | ||
Standard Deviation | 13.44 | 11.9 | ||
Information Ratio | 0.74 | 0.9 |
Description | Mirae Asset Banking and Financial Services Fund Direct Growth is an equity fund.The fund could potentially beat inflation in the long-run. | SBI Banking & Financial Services Direct Growth is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Harshad Borawake | Pradeep Kesavan,Milind Agrawal |