Mirae Asset Banking and Financial Services Fund Direct Growth is an equity fund. This fund was started on 11 December, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.
Expense ratio | 0.65% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹1594 Cr |
Inception Date | 11 December, 2020 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 29.22% |
Size breakup
Mirae Asset Banking and Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.9% | 3.9% |
6 Month Returns | 11.24% | 11.24% |
1 Year Returns | 28.94% | 28.94% |
3 Years Returns | 66.73% | 18.58% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Growth | 12.28 | 4.99 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Growth | 0.7 | 0.9 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Growth | 1.77 | 0.72 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Growth | 10.89 | 14.8 | - |