Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is an equity fund. This fund was started on 11 December, 2020. The fund is managed by Gaurav Kochar. The fund could potentially beat inflation in the long-run.
1) Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl has a NAV of ₹13.721 as on 08-02-2023.
2) Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl has ₹1277 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.
3) The fund has an expense ratio 0.61 %.
Expense ratio | 0.61% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹1277 Cr |
Inception Date | 11 December, 2020 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 6.92% |
Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -2.17% | -2.17% |
6 Month Returns | 6.74% | 6.74% |
1 Year Returns | 7.4% | 7.4% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 2.8 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 0.99 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 0.09 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 19.45 | - | - |
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.