Mirae Asset

Mirae Asset Banking and Financial Services Fund Regular IDCW

Latest NAV

₹20.1370

As of

3 Jun 2026

1,346 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.08%	+0.26%	-0.35	125 / 168	Q3
1W	-3.11%	-1.38%	-1.73	155 / 168	Q4
2W	-1.46%	-0.76%	-0.70	141 / 170	Q4
1M	-3.57%	-1.31%	-2.26	160 / 170	Q4
3M	-8.49%	+0.23%	-8.73	152 / 168	Q4
6M	-8.23%	-4.26%	-3.97	116 / 160	Q3
YTD	-8.88%	-4.32%	-4.56	124 / 160	Q4
1Y	-0.88%	+0.77%	-1.65	85 / 146	Q3
2Y	+6.31%	+0.22%	+6.09	22 / 104	Q1
3Y	+12.40%	+9.45%	+2.94	32 / 69	Q2
4Y	+15.04%	+8.63%	+6.41	20 / 56	Q2
5Y	+11.24%	+4.66%	+6.58	17 / 46	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+13.55%	+5.31%	+8.24	40 / 170	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-8.88%	-3.11%	-5.77	124 / 158
2025	+18.64%	-0.40%	+19.03	7 / 129
2024	+11.54%	+19.58%	-8.04	65 / 84
2023	+20.43%	+28.75%	-8.33	47 / 62
2022	+13.14%	+0.21%	+12.94	13 / 54
2021	+17.10%	+28.31%	-11.21	31 / 43
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+14.36%

55 windows

min -5.6% · max 34.0%

93% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+15.86%

31 windows

min 11.9% · max 22.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+13.66%

6 windows

min 11.2% · max 16.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.66%

3-year · annualised

Sharpe ratio

0.45

vs risk-free 6.5%

Sortino ratio

0.71

Downside-only deviation

Max drawdown

-15.90%

Feb 2026 → Mar 2026

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC INNOVATION FUND - IDCW - REGULAR PLAN	HDFC	₹10.4050	3 Jun 2026
Nippon India Active Momentum Fund- Regular Plan- IDCW Option	Nippon India	₹12.0306	3 Jun 2026
SBI Automotive Opportunities Fund - Regular Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹11.4968	3 Jun 2026
Invesco India Business Cycle Fund - Regular Plan - IDCW	Invesco	₹13.0300	3 Jun 2026
Bandhan Business Cycle Fund - Regular Plan - IDCW	Bandhan	₹9.3840	3 Jun 2026
quant BFSI Fund - IDCW Option - Regular Plan	Quant	₹19.3086	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - REGULAR - IDCW	Aditya Birla Sun Life	₹21.5800	3 Jun 2026
Motilal Oswal Active Momentum Fund - Regular- IDCW	Motilal Oswal	₹13.3125	3 Jun 2026
Mirae Asset Great Consumer Fund Regular IDCW	Mirae Asset	₹24.2320	3 Jun 2026
Kotak Active Momentum Fund - Regular Plan - IDCW - Payout & Reinvestment	Kotak	₹10.2820	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹20.1370
2 Jun 2026	₹20.0950
1 Jun 2026	₹20.1120
29 May 2026	₹20.3530
27 May 2026	₹20.6320
26 May 2026	₹20.7400
25 May 2026	₹20.8250
22 May 2026	₹20.4630
21 May 2026	₹20.3390
20 May 2026	₹20.4030

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Banking and Financial Services Fund Regular IDCW is ₹20.1370. It's a Sectoral/Thematic Fund from Mirae Asset, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Banking and Financial Services Fund Regular IDCW has NAV history starting from 14 Dec 2020, a track record of about 5 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Banking and Financial Services Fund Regular IDCW is managed by Mirae Asset. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Banking and Financial Services Fund Regular IDCW has delivered a absolute return of -0.88% — -1.65 pp behind the Sectoral/Thematic Fund category average of 0.77%. The fund ranks #85 of 146 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mirae Asset Banking and Financial Services Fund Regular IDCW has delivered a CAGR of 12.40% — +2.94 pp ahead of the Sectoral/Thematic Fund category average of 9.45%. The fund ranks #32 of 69 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Banking and Financial Services Fund Regular IDCW has delivered a CAGR of 11.24% — +6.58 pp ahead of the Sectoral/Thematic Fund category average of 4.66%. The fund ranks #17 of 46 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Banking and Financial Services Fund Regular IDCW exactly 5 years ago would be worth approximately ₹170,311 today — a multiplier of 1.70×, based on the 5-year CAGR of 11.24%. The category average over the same window would have grown ₹1 lakh to ₹125,576.

A ₹10,000 monthly SIP in Mirae Asset Banking and Financial Services Fund Regular IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹784,761 today. That's an XIRR (money-weighted annualised return) of 10.67%.

Mirae Asset Banking and Financial Services Fund Regular IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹784,761 — XIRR 10.67%.

On a 5-year basis, Mirae Asset Banking and Financial Services Fund Regular IDCW ranks #17 out of 46 funds in the Sectoral/Thematic Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 4.66%; this fund delivered 11.24%.

The worst peak-to-trough decline Mirae Asset Banking and Financial Services Fund Regular IDCW has experienced over the last 5-year window is 21.76% — its NAV fell from a high on 26 Oct 2021 to a low on 16 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Banking and Financial Services Fund Regular IDCW averaged 13.66% (best 16.51%, worst 11.24%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.36 — weak risk-adjusted performance.

In calendar year 2025, Mirae Asset Banking and Financial Services Fund Regular IDCW returned 18.64% — beating the Sectoral/Thematic Fund category average of -0.40% by 19.03 pp. It ranked #7 of 129 in its category that year.

Mirae Asset Banking and Financial Services Fund Regular IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mirae Asset Banking and Financial Services Fund Regular IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 21.8%. 5-year CAGR: 11.24%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.