Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth
Mirae Asset Mutual Fund · Equity · mandate: ≥80% in the named sector/theme · benchmark: —
AUM (all plans)
2,186 cr
TER direct / regular
0.71% / 2.11%
CAGR (full)
15.1%
Sharpe (full)
0.60
Sharpe (bull ≤Sep-24)
1.97
Sharpe (sideways Oct-24→)
0.16
Max drawdown
-15.0%
Months of data
68
Percentile ranks this fund within its peer pool; the leaderboard Score is
the weighted average of its fiscal-year percentiles (equity: active-return-rank blended
with IR-rank).
Equity curve
Drawdown
Fiscal-year record
FY
Return
vs category
Sharpe
months
FY22
11.8%
-9.3%
0.42
12
FY23
8.4%
5.2%
0.20
12
FY24
28.8%
-17.5%
1.85
12
FY25
16.0%
8.9%
0.62
12
FY26
3.2%
4.4%
-0.06
12
FY27*
14.4%
-4.0%
1.78
5
Active/Fund returns are TOTALS over the months covered — never annualized
(FY27* is year-to-date; a * row covers only part of the year).
%ile is the fund's percentile within its peer pool for that year.
Monthly returns (%)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year
2021
-1.9
+11.0
-1.6
-0.8
+7.6
-0.9
+1.2
+6.8
+1.2
+3.6
-6.5
-0.7
+19.3
2022
+4.4
-5.5
+1.7
-2.3
-1.7
-5.0
+12.9
+4.5
-4.0
+6.5
+4.6
-0.7
+14.8
2023
-4.2
-1.4
+0.4
+5.5
+4.1
+4.5
+5.3
-2.1
+1.5
-2.4
+4.0
+6.3
+22.8
2024
-0.7
+1.0
-0.8
+6.6
-1.7
+9.1
+0.7
-0.4
+3.7
-2.6
+0.1
-1.8
+13.3
2025
-3.3
-3.4
+9.1
+5.4
+2.6
+4.4
-2.3
-3.5
+2.1
+5.5
+4.0
-0.4
+21.0
2026
+0.2
+0.9
-14.0
+8.9
-1.7
+6.0
+0.0
+0.8
-0.6
Quarterly average AUM & estimated net flows
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by
construction). Monthly returns are month-end NAV chains; stale prints (>7 days before
month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla
direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified
against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic
monthly convention. Independence: all figures are computed from mandatory public disclosures with a
fixed methodology applied identically to every fund — no fund can pay for inclusion,
exclusion, placement, or altered presentation, and any material commercial relationship
will be disclosed on the affected pages.
Nothing here is investment advice; past performance does not
predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard
· PMS leaderboard